EDITORIAL: Indy must tackle growing gap between haves and have-nots
Census data shows that 35 of the 36 ZIP codes in Indianapolis had higher poverty rates in 2016 than they did 16 years earlier.
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URBAN DESIGN: Congestion concerns shouldn’t drive Inner Loop fix
Expanded freeways typically don’t solve the problem they are meant to address.
With Kite shares stuck in discount bin, dividend investors can hit jackpot
Kite Realty Group Trust now sports a whopping 8.5 percent annual dividend yield—by far the highest of any publicly traded firm in Indiana—a reflection of the cold shoulder investors are giving retail real estate companies as internet sales soar higher.
Michigan State reaches $500M settlement with Nassar victims
Michigan State University says it has reached a settlement with hundreds of women and girls who say they were sexually assaulted by sports doctor Larry Nassar in the worst sex-abuse case in sports history.
Wind-energy developer dismisses auditor after being informed of accounting weaknesses
Infrastructure & Energy Alternatives Inc. dismissed auditor Crowe Horwath and said it is taking steps to address the financial issues raised.
Hybrid pioneer Allison sees long road toward electric big rigs
Allison Transmission Holdings’ incoming CEO sees development of fully electric heavy trucks as a longer-term project.
Amazon to give Prime members extra discounts at Whole Foods
The online retailer has made a number of changes to Whole Foods since it bought the chain last year.
U.S. factory production sees healthy jump on consumer spending
U.S. factories cranked out more appliances, computers and aircraft last month, lifting manufacturing production for only the second time in five months.
Macy’s shares soar as profit surpasses expectations
With customers in a mood to spend, particularly on clothing, Macy's surpassed all profit and revenue expectations for the first quarter of the year and raised its outlook.
Calumet Specialty shows improvement in delayed quarterly report
The Indianapolis-based fuel products refiner again lost money, but the loss was smaller than a year ago and indicated that cost-cutting efforts at the company are having an impact on the bottom line.
Amid uncertainty, Colts sell fewer season tickets
The percentage of season-ticket holders who repurchased their seats for the upcoming season fell far short of last season’s number. Some didn’t renew over an issue that continues to spark controversy.
Who will referee billion-dollar sports betting industry?
Now that the U.S. Supreme Court has cleared the way for states to legalize sports betting, the race is on to see who will referee the multibillion-dollar business of gambling on pro and college games.
Indiana lawmakers plan summer study on sports betting, child welfare
Over the summer, the General Assembly will look at more than 50 topics ranging from industrial hemp to short-term rental taxes.
U.S. retail sales continue rebound with solid April showing
U.S. retail sales rose at a solid pace in April, a sign that consumers are bouncing back from weak spending earlier this year and driving stronger economic growth.
Closure puts future of Tim Hortons in Indianapolis area in doubt
The Canada-based coffee and doughnut chain had plans for at least five Indianapolis-area locations, but it already plans to shut down the first one after only a few months in operation.
Ambrosia-inspired restaurant, ice cream shop slated for Fountain Square landmark
One of the city’s best-known Italian restaurateurs and a Fort Wayne-based purveyor of quirky frozen treats will be neighbors in the 90-year-old building that anchored Fountain Square’s revival.
Pacers Bikeshare system plans $1.2M expansion, thanks to federal grant
The Indiana Pacers Bikeshare system plans to almost double the number of bicycles and stations across the city of Indianapolis next year.
High-end auto shop buys north-side building for restoration, storage services
A car-care staple in Meridian-Kessler is expanding to the Keystone Avenue corridor to open up space for rejuvenating classic models and giving their owners a white-glove option for storage.
Council panel advances $2.9M in financing for new Duke Realty headquarters
An Indianapolis City-County Council panel on Monday night unanimously advanced proposals that would help Duke Realty Corp. move its headquarters from Carmel to a new $28 million office building it would build in Indianapolis.
Martinsville’s Rodric Bray to succeed David Long as leader of Indiana Senate
It took less than an hour for Republicans to elevate Bray from his position as Senate majority floor leader, although he won’t be officially elected president pro tem until November.