State’s unemployment rate ticks up to 3.5 percent
Private sector employment in Indiana grew by 3,600 in August over the previous month and is up more than 27,600 over the year, the state said.
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Airport awards key contract for planned concessions overhaul
Airport officials awarded a contract to an engineering company that will prepare retail spaces for new tenants as existing operators depart. Forty of the 53 retail concessionaires at the airport will see their leases expire Dec. 31.
It’s high times for soaring marijuana stocks on Wall Street
Investors are craving marijuana stocks as Canada prepares to legalize pot next month, leading to giant gains for Canada-based companies listed on U.S. exchanges.
UPDATE: Developer lands first office tenant for Bottleworks project
An Indianapolis-based company that launches tech firms said Thursday it would move its office from the 14th floor of the historic Circle Tower on Monument Circle to the Bottleworks District in summer 2020.
Dow, S&P 500 close at all-time highs amid upbeat economic reports
Wall Street delivered another set of milestones Thursday as a wave of buying sent U.S. stocks solidly higher.
Beech Bank Brewing Co. opens in Beech Grove
The establishment’s brews include Southside Python, named after the 14-foot snake that got loose in Beech Grove for several days earlier this year.
Governor’s plan to hike toll-road fees receives final approval
The amendment to the state’s agreement with the private operator of the Indiana Toll Road requires the company to pay the state $1 billion and invest an additional $50 million in toll road improvements.
Meridian-Kessler restaurant, cocktail bar calls it quits
Thursday will be the last day of operations for Open Society Public House, a locally owned restaurant and cocktail bar that opened in the Meridian-Kessler neighborhood in June 2016.
Pacers, Salesforce team up to engage fans with customized data, marketing
The two organizations said Thursday they will use artificial intelligence and cloud technology to analyze fan behavior and respond with more customized email and social media engagement.
Early 5G rollout in Indianapolis gives city wireless advantage
The buzzword in mobile is 5G—the newest generation of wireless service that promises more speed and better connectivity for smartphones, internet-connected devices and even autonomous cars.
UPDATE: Elanco shares rise 50 percent in first day after $1.5B animal-health IPO
The Eli Lilly and Co.-owned animal medicine maker’s shares rose to $36 each at closing Thursday, up from their $24 offering price.
Italian filter maker to establish operations in central Indiana
The office of Indiana Gov. Eric Holcomb announced the plans Thursday in Milan during the governor's three-day economic development trip to Italy.
Auto parts business to close local distribution center, terminate 83 workers
Federal-Mogul Motorparts LLC plans to close a distribution center on the northwest side of Indianapolis over the next six months.
Downtown sees blitz of hotel projects
The Indianapolis hotel market is booming, with about 2,800 new rooms slated to come online downtown alone in the next five years.
Developer plans $11M apartment project on city’s east side
The project, named Line Lofts, calls for 63 affordable senior apartments on 1.5 acres along Southeastern Avenue. Part of the project will face East Washington Street.
Mount Comfort RV building $5M showroom to keep up with industry growth
Facility will accommodate almost twice as many employees. Also: Just Pop In!, PGA Tour Superstore, Jack’s Donuts, Tractor Supply and more.
All aboard new Nickel Plate Express excursion train
Two years after Nickel Plate Railroad owners halted tourism train service, a new operator is revving up excitement for excursions along 12 miles of track from Atlanta to Noblesville.
Five firms selected for tech accelerator’s fall class
Nationally ranked firm Gener8tor has announced the five participants for its gBeta Indy fall class. They range from a company automating emotion recognition for user experience researchers to a consumer app for organizing, editing, and sharing milestone baby photos.
Q&A: Driven by curiosity, Zachary Baiel pushes for open records
Zachary Baiel attends countless public meetings every year and spends hours listening online to the ones he missed. That passion led him to join the Indiana Coalition for Open Government in 2015 and become its president last year.