Harry Gaunt Jewelers closing its doors after 60 years in business
The store’s 86-year-old owner and namesake has decided it’s time to retire. His store near Keystone at the Crossing has launched a going-out-of-business sale.
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Salesforce named Tech Company of Year at TechPoint’s Mira Awards
The Mira Awards’ top individual honor—the Trailblazer Award—went to John Wechsler, the founder of Launch Fishers and the Indiana IoT Lab.
Hard-fought civil fraud case against ITT brass nears trial
Former CEO Kevin Modany and former Chief Financial Officer Daniel Fitzpatrick tried to settle the case last year, but SEC commissioners rejected the deal. Another settlement conference is scheduled for May.
Vitamin retailer GNC closing 200 stores
Like other retailers, Pittsburgh-based GNC has been struggling with a large brick-and-mortar footprint and competition from online sellers.
Online auto dealer Carvana to open 70-acre reconditioning center, create 200 jobs
Carvana got the green light to buy the land in the Mount Comfort area from struggling trucking company Celadon Group Inc., which last year abandoned plans to build a new headquarters there.
Simon Property shares rise on better-than-expected earnings report
Shopping center giant Simon Property Group Inc. on Friday reported a strong first quarter that exceeded analyst predictions.
Fishers Imports to add dealership near Zionsville
The luxury, pre-owned car dealer says the new location will create more than 30 jobs and include a full service-and-parts department.
City releases data trove on abandoned, blighted homes initiative
The “2,000 homes” dashboard—named after a pledge by Mayor Joe Hogsett to “rehab, transform, or demolish” 2,000 homes in two years— allows residents to see addresses of blighted homes, their owners, and the type of city intervention they have received or will receive.
Fishers-based Strada Education to sell Student Connections
Of Student Connections’ 58 employees in Indianapolis, 42 are expected to keep their jobs after the acquisition.
Amazon raising price of annual Prime membership to $119
The announcement came the same day Amazon reported that first-quarter profit more than doubled from a year ago, fueled by the growth of online shopping and the cloud-computing service it provides to businesses and government agencies.
After guilty verdict, Notre Dame rescinds honorary degree given to Bill Cosby
Although it traditionally has been rare for schools to rescind honorary degrees retroactively, experts say it has become more common in light of the #MeToo movement. More than 20 schools have revoked degrees from Cosby.
Infosys exec downplays Trump economy as reason for U.S. expansion
During their visit to Indianapolis on Thursday, Vice President Mike Pence and the U.S. Labor Secretary Alex Acosta were quick to highlight the Trump administration’s economic agenda—including tax cuts and reductions in red tape—as key reasons for Infosys Ltd.’s decision to invest in the United States.
NBA says referees missed goaltending call by LeBron James against Pacers in Game 5
The controversial call prompted Indianapolis Mayor Joe Hogsett to sign an executive order outlawing goaltending in Indianapolis.
Infosys says it’s not worried about filling jobs in Indianapolis
The India-based technology company plans to hire 3,000 employees in Indianapolis by the end of 2023.
Fact check: Does Joe Donnelly vote with liberal Democrats 85 percent of the time?
Short answer: It depends which Democrat you compare him to.
Three seats in play in May primaries for Hamilton County Council
Ten candidates are running in the primary contests for the three seats in GOP-leaning Hamilton County, including two Democrats.
HAND to renovate Lebanon duplexes into affordable apartments
The Noblesville-based not-for-profit known as HAND has announced it will invest $2 million to acquire and renovate 17 duplexes in Lebanon into affordable apartments for low-income residents.
State, city offer more than $100M in incentives to Infosys
The economic development deal marks the largest jobs commitment the Indiana Economic Development Corp. has received since the agency was established in 2005. But it’s not the largest incentive package the state has offered.
First phase of Infosys’ $245M airport campus will be $35M training center
The ultimate project, to be developed in phases over the next several years, is expected to be a $245 million, 141-acre complex with 786,000 square feet of facilities.
Kite Realty takes quarterly loss, but tops analyst expectations
Indianapolis-based real estate developer Kite Realty Group Trust outperformed analyst forecasts with higher-than-expected revenue and funds from operations.