Surge in online holiday sales may bring February hangover
The takeaway from the past few days is that Americans are spending at unprecedented levels, and the overwhelming majority of that growth—if not all of it—is online.
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United Technologies to break into three independent companies
The three companies will be United Technologies, which will house its aerospace and defense industry supplier businesses; Otis, the maker of elevators, escalators and moving walkways; and the Carrier air conditioning and building systems business.
Riley Children’s Foundation announces $175 million campaign
It’s the foundation’s first capital campaign since 2010, when it raised $200 million. The money will be used for pediatric research, patient care, maternity and newborn health, and family support programs.
Riverview Health chooses north Carmel site for new facility
Riverview Health plans to build one of its new freestanding combined ER/urgent care facilities on Hazel Dell Road, south of 146th Street.
Hamilton County auto dealer plans move to Zionsville
Indy Wholesale Direct has sold high-end and exotic cars in Carmel since 2011.
IU School of Dentistry searching for new dean
Dr. John Williams, dean since 2010, is stepping down next summer after turning 67, in accordance with university policy. He helped raise more than $70 million and expanded the school’s clinical space by about one-third.
Developer spending $15M to build senior villas on 86th Street
A senior housing community east of the St. Vincent Hospital campus is expected to undergo a major expansion over the next year that will add several dozen independent-living residences.
FDA plans overhaul of medical device approval system
The decades-old system has long been criticized by experts for failing to catch problems with risky implants and medical instruments.
Foxconn subsidiaries to lay off 155 manufacturing, assembly workers in Plainfield
The companies are chalking up the layoffs at their facility at 1581 S. Perry Road to “changes in our business and production objectives,” according to a notice to state officials.
General Motors to slash 14,700 jobs in North America, close plants
The nation’s largest automobile manufacturer said it could close up to five plants and eliminate several car models.
Hundreds of flights affected as snowstorm batters parts of Midwest
Flights from Indianapolis International Airport to Chicago were experiencing delays of almost 2-1/2 hours Monday morning.
Commentary: Record-breaking gain at Statehouse marks tiny change
It took Indiana more than two decades just to add two additional women to its 150 members. Hardly a reason to pop the champagne.
Columbus buying shopping mall to make it recreational/tourism complex
The city of Columbus is partnering with Columbus Regional Hospital and the Heritage Fund/The Community Foundation of Bartholomew County on the $5.9 million purchase.