Big quarterly loss by Lids sends Genesco’s stock reeling
Zionsville-based Lids Sports Group, which operates more than 1,100 stores, saw sales decline nearly 11 percent in the latest quarter. Genesco is seeking a buyer for the unit.
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Dual-branded Hyatt hotel planned for The Yard at Fishers
Plans for the six-story hotel in the expansive, $110 million Yard project will be reviewed Tuesday by city officials.
City to study mental health, addiction needs for criminal justice center
The report will be paid for in part with a $7,000 grant from the Richard M. Fairbanks Foundation and put together in partnership with the Mayo Clinic and Community Solutions Inc.
Onyx+East ventures out of Indy area with $15M Tampa project
The condominium developer, which spun out of Indianapolis-based Milhaus two years ago, also has expanded its reach with a $12.5 million project in the Village of West Clay.
Industrial-automation firm to open Whitestown warehouse, hire hundreds
A Fortune 500 company will invest $16.4 million in Boone County as it shutters warehouses in Illinois and Tennessee and consolidates those functions here.
Study: Gun removal law reduces suicides in Indiana
An Indiana law allowing authorities to temporarily remove guns from those considered a risk to others or themselves has helped reduce the state's firearm-related suicides, according to a University of Indianapolis study.
Prominent conservatives fight Indiana GOP platform changes
The Republican Victory Committee, a group of elected officials and party activists, announced Monday it opposes changes friendly to same-sex couples and pushed by Gov. Eric Holcomb's hand-picked GOP chairman.
Developer proposes modest-sized but upscale subdivision in Westfield
Sobczak Construction Services Inc. plans to build 13 high-end homes on two waterfront cul-de-sacs. Meanwhile, Davis Homes has received the green light for a project of similar scope in Westfield.
IU med school to launch breast-cancer research center with $2.5M Vera Bradley gift
The center, to be called the Vera Bradley Foundation Center for Breast Cancer Research, will focus on tough-to-treat forms of the disease, including triple-negative breast cancer.
Northwest-side apartment portfolio fetches $64 million
An Atlanta-based real estate company has purchased four Indianapolis apartment communities and plans to spend $27 million to renovate them.
In sudden reversal, Anthem and St. Vincent agree to include tiny hospitals in network
The agreement means that Anthem members will not have to pay extra out-of-pocket costs to use one of St. Vincent’s neighborhood hospitals that are springing up around central Indiana.
Indiana fraudsters sentenced for stealing, reselling $1.2M in merchandise from Amazon
In the scheme, a husband and wife would assume false identities and scam consumer electronics from Amazon, prosecutors said. They would sell the goods to an associate, often in parking lots in Indianapolis.
Justices side with Colorado baker on same-sex wedding cake
The limited ruling turned on what the court described as anti-religious bias on the Colorado Civil Rights Commission when it ruled against baker Jack Phillips.
Athenaeum president to leave post at 124-year-old landmark, travel globe
After 11 years in charge of preserving and reinvigorating the landmark of local German culture, Cassie Stockcamp plans to decamp for Africa, South America and Southeast Asia.
Developer planning hotel, restaurant, offices in Westfield
The nine-acre Landing at Monon Marketplace project is expected to include a multistory hotel, office buildings and a new location for an Indiana-based restaurant chain.
Business economists worry about possible recession in 2020
The National Association for Business Economics forecasting panel was upbeat on the near-term impacts of the $1.5 trillion tax cut that Congress passed in December.
Cummins a finalist to make $3.5B acquisition from General Electric
GE is moving closer to a sale of its industrial gas-engine business for more than $3.5 billion after narrowing the list of bidders to a short list that includes Cummins, sources say.
After 4 years, Indiana fully embraces text-to-911 in emergencies
Residents in all 92 of the state's counties can now send texts during emergencies if they're unable to speak to dispatchers.
Farmers struggle with growing suburban traffic
In suburban Indianapolis, the roads farmers have used for decades to reach their fields have become increasingly busy.
IBJ PODCAST: Symphony offers sound advice on leadership styles
The first episode of the Indianapolis Business Journal’s new weekly podcast explore how future leaders can use the experience of making music to learn how to inspire great performances from their workforces.
