Local sales-software firm plans expansion with $2.1 million funding
Costello founder and CEO Frank Dale he’s as excited about the quality of investors that came on board this round as he is about the amount the firm raised.
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The Thirsty Scholar bar closes
A co-owner of the coffee, beer and wine bar in the Penn Arts building on East 16th Street said Thursday that “it is time to move on.”
Premiums could edge up an average of 5 percent for Indiana’s Obamacare plans
The Indiana Department of Insurance said it expects all 92 counties to be covered by the plans next year. The state has until Sept. 25 to approve them.
Delivra acquired, but its office will remain here
In a deal that was announced this week, one of the city’s oldest marketing technology software firms has been acquired. But its brand will live on and most of its executive team and other employees will remain here.
Two spec buildings proposed for $113M industrial park in Whitestown
The developer of massive Park 130 plans to invest $28 million in the two buildings, which together will total more than 523,000 square feet of space.
St. Vincent lays off 85 workers across Indiana
The Indianapolis-based health system is under pressure from parent Ascension to cut costs, and has signaled in recent months that it plans to transform its delivery system.
Co-founder of young-professionals group leaving executive director role
Molly Chavers on Wednesday announced her departure from the young professionals network she helped create in 2005.
Supreme Court rules states can force online shoppers to pay sales tax
The 5-4 ruling Thursday is a win for states, including Indiana, who said they were losing out on billions of dollars annually under two decades-old Supreme Court decisions that impacted online sales tax collection.
Simon ordered to pay $2.4M in Mishawaka mall dispute
An entity of South Bend-based Holladay Properties sued Simon, claiming the nation’s largest mall owner threatened retailers interested in opening at its mall.
Simon hiring from within to replace departing CFO
Brian McDade has been with the retail real estate giant for 14 years, serving in various senior finance and accounting roles.
China says U.S. swinging ‘big stick’ of unfair trade tactics
President Trump has ordered tariffs on $50 billion in Chinese goods in response to Beijing’s forced transfer of U.S. technology and alleged intellectual property theft, and threatened to impose duties on $400 billion more.
Indianapolis’ Flat 12 Bierwerks unveils new family-friendly space
The brewery is following competitors that have opened up to minors. Also this week: Campbell’s Highland Grill, Camp Bow Wow, Untuckit, Tandoor & Tikka, Qdoba
BOHANON & CUROTT: Incentives can backfire if carried to extremes
Part of economists’ useful function is to offer alternative ways of structuring incentives to attain socially desired ends.
Real estate heavyweight CBRE moving from downtown to Keystone at Crossing
The city’s largest commercial brokerage has called downtown home for more than 35 years. It’s heading north to accommodate employees and consolidate offices.
WFMS-FM 95.5 boot stomps its way back to No. 1
For the first time since November 2013, the country station in April was the most-listened-to radio station in central Indiana, according to New York-based Nielsen Media Research.
Downtown’s forgotten south side ‘ready to explode’
Leaders of what’s known as Stadium Village on downtown’s southern edge have been waiting patiently for the area to pop; now, there’s finally enough activity to justify their hopes.
IndyGo rethinks another electric-bus buy
IndyGo is expected to back off plans to purchase electric buses this year to replace the mass-transit system’s older diesel fleet, saying electric-vehicle technology is not yet good enough to meet its needs.
Neighborhood festivals serve up culture with food
Nothing says summer like paying for dinner with a foot-long span of festival tickets.
Memory Bank: Slovenian family opens grocery in Haughville
Joe Zeunik, part of a family of Slovenian immigrants, sold dry goods, hardware and groceries at 777 Haugh St. in the 1930s.
Sheri Fella: Climbing onto the pitching mound of confidence
A feeling of knowing that, whatever is about to happen, all will be OK and all I can do is my best—that is confidence.