U.S. employers add 157,000 jobs; jobless rate ticks down
The slip in hiring last month may be temporary. Consumers are spending freely and businesses are stepping up their investment in buildings and equipment, accelerating growth.
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UPDATE: Ball State to maintain ties to Papa John’s founder; Purdue won’t
Ball State University does not plan to change the name of the John H. Schnatter Institute for Entrepreneurship and Free Enterprise. Purdue, however, is following the lead of several other colleges that have distanced themselves from the controversial Papa John’s Pizza chain founder.
Indiana State Fair begins 17-day run with circus theme, more security
Organizers are hoping for a repeat of last year's string of dry, sunny days that helped boost attendance to nearly 907,000 people.
Campaign for IPS referendums gets a $100K boost from advocacy group
Stand for Children Indiana will also launch a vast door-knocking campaign in support of two referendums requesting an extra $272 million from taxpayers, the group announced Thursday.
Eli Lilly’s animal-health business files for initial public offering
Elanco Animal Health Inc. could see a market value of as much as $20 billion, according to Bloomberg Intelligence. At that valuation, a share sale could raise as much as $5 billion.
Roundup: Southern cuisine eatery planned for Carmel house; Bier Brewery, Dunkin adding locations
Juniper on Main would recast the vacant house on Main Street as a restaurant featuring food common to the South Carolina and Georgia coasts. Also this week: the latest on Tire Discounters, Linden Tree Gifts and Pro Wake Watersports.
Trump administration seeks to freeze future gas-mileage standards
The administration also served notice that it wants to revoke states' long-standing authority to set their own, stricter mileage standards.
Kroger closing one Indianapolis store
The Cincinnati-based grocery chain said the store, which employs 65, is unprofitable.
Matrix Integration’s Indianapolis expansion spurs ambitious growth goals
Brenda Stallings’ Jasper-based information technology firm has come a long way since it was launched out of a music store she opened in the 1970s. And with recent expansions into the Indianapolis and Louisville markets, Matrix Integration has designs on going even farther.
Apple becomes first U.S. company to hit $1 trillion market value
The consumer-technology giant briefly touched the milestone Thursday morning, four decades after the late Steve Jobs co-founded the firm in his parents’ garage in Silicon Valley.
Gary Schools gets bid for just one of 33 former school properties
The emergency manager who oversees the financially struggling Gary school district put 33 closed schools up for sale, but only one property received interest.
Walmart plans to build massive e-commerce fulfillment center in Plainfield
The retailer says the new facility, which will occupy more than 1 million square feet, will be located next door to its existing center. The center is expected to create hundreds of jobs.
Brookstone files for bankruptcy, to close all mall stores
Among the closures will be the store in Circle Centre in downtown Indianapolis—an original tenant in the mall when it opened in 1995. The only other Brookstone store in Indiana is at Indianapolis International Airport.
Planning for IndyGo’s Purple Line revs up
The 14.6-mile bus rapid transit line will run from Lawrence to downtown, with most of the route following the current Route 39 along 38th Street.
Carvana building automotive ‘vending machine’ in Indianapolis
The seven-story structure, near I-69 and East 82nd Street, will be a pick-up point for vehicles purchased online.
Builder proposes 237-home development that would save historic Carmel house
The Old Town Design Group plans to build 103 single-family homes and 134 townhouse or condominium units on Carmel’s north side.
Greenwood-based One Click finds success selling readers, prescription glasses online
Most of the company’s current business focus—and the majority of its revenue—comes from readers.
Memory Bank: Waiting for the train
The Boulevard Station, built in 1922, was a stop on the Monon Route, which connected Chicago, Indianapolis and Louisville.
Maggie Phelps: Reading between the lines of feedback
The reality of the feedback we receive is that it’s often incomplete and is almost always filtered. Rarely do we have someone in our lives who will tell it to us straight.
MICKEY MAURER: Fame is fleeting—and justifiably so—for some
Notoriety shouldn’t be confused with quality when it comes to those we hear about most often.