Mall owners, retailers clash over avalanche of online returns
David Simon, CEO of Indianapolis-based Simon Property Group Inc., says a “significant number” of tenants are underreporting sales, costing the nation’s largest mall owner a lot of money.
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GOP Senate candidates run outsider campaigns with insider consultants
The three Republican candidates running in the May 8 primary to unseat incumbent U.S. Sen. Joe Donnelly rely heavily on political consulting firms in the Washington, D.C., area or on the East Coast to steer their campaigns in Indiana.
Celebrity chef’s burger restaurant closes its north-side location
The restaurant, created by Food Network chef Michael Symon, opened in the high-profile Ironworks development in mid-2015.
Cummins’ shares tumble despite better-than-expected quarter
The Indiana-based engine manufacturer reported a 21 percent jump in revenue, to $5.57 billion.
Missing campaign signs prompt police investigation in Hamilton County
The wife of a county council candidate was captured on camera taking her husband’s opponents’ signs from farmland near a Noblesville intersection. She denies wrongdoing.
Local office, industrial markets continue hot streaks in first quarter
Vacancy rates in both sectors continued to shrink in the first quarter as office and industrial tenants consumed more leased space.
Major health initiative targets 3 Indianapolis neighborhoods with high diabetes rates
A five-year, $7 million program is led and supported by a coalition of local health institutions, including Eli Lilly and Co., Fairbanks School of Public Health and Eskenazi Health. It is based on a model that Lilly has used in other countries.
Allison Transmission beats expectations in first quarter
The Indianapolis-based transmission manufacturer reported higher-than-expected revenue and profit in the latest period.
New Indiana program addresses maternal opioid crisis
The program at Community Hospital East in Indianapolis will have nearly $600,000 state grant money in place to curb the number of female addicts, whose babies often are addicted to drugs.
White House delays tariffs on European Union, Canada and Mexico
The White House said Monday it would postpone a decision on imposing tariffs on U.S. imports of steel and aluminum from the European Union, Canada and Mexico for 30 days.
NBC Sports locks up six-year motorsports TV deal
The deal begins in 2019 and includes digital rights on its app and NBCSports.com for live streaming of every International Motor Sports Association championship race.
Debate takeaways: GOP Senate candidates keep the attacks coming
U.S. Senate GOP hopefuls Luke Messer, Todd Rokita and Mike Braun faced off Monday night in the last debate before Primary Election Day.
Council votes to allow city to spend $1.2M to replace some Vision Fleet vehicles
The Indianapolis City-County Council on Monday passed a proposal 22-1 after no discussion that allows the city’s former Department of Business and Neighborhood Services to transfer $1.2 million to buy 50 replacement vehicles.
Eli Lilly’s next big push likely to come in pain treatments
The Indianapolis-based drugmaker has several pain medications in the pipeline, including potential treatments for migraine headaches, arthritis and chronic back pain.
Sprint shares plunge on concern that T-Mobile deal will be blocked
Sprint Corp. suffered its worst stock decline in almost six months, rocked by fears that a proposed $26.5 billion takeover by T-Mobile US Inc. will get rejected by antitrust enforcers.
Existing-home sales decline in Indianapolis area as inventories plummet
It was the first month sales have fallen since July and only the fourth month they’ve declined on a year-over-year basis in the past 29 months.
Old gymnasium, famous church, college campus on ‘Most Endangered’ list
Indianapolis-based not-for-profit preservation group Indiana Landmarks released its list Monday, with nine new listings and one landmark repeating from last year’s list.
Hogsett, IPL switch first streetlight to LED technology
About 27,000 city-funded streetlights will be updated with the more energy-efficient, light-emitting diodes through spring 2021.
Upscale Fishers apartment complex sells for nearly $37M
The 306-unit Flats at Fishers Marketplace complex was the site of a major fire in 2015 that destroyed one of the main buildings.
Biglari Holdings shares tumble after restructuring boosts CEO’s grip on company
The parent of Steak n Shake will create two classes of stock, allowing Sardar Biglari to make acquisitions without diluting his voting control.
