Playing basketball tourney on East Coast presents big challenge for Big Ten, again
After experiencing tepid interest last year in Washington, D.C., the conference takes its show to the Big Apple, where pundits expect another bleak turnout from fans.
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Playing basketball tourney on East Coast presents big challenge for Big Ten, again
After experiencing tepid interest last year in Washington, D.C., the conference takes its show to the Big Apple, where pundits expect another bleak turnout from fans.
KAR to spin off Insurance Auto Auctions unit, creating separate public firm
Carmel-based KAR Auction Services Inc. on Tuesday afternoon said it plans to spin off its Insurance Auto Auctions salvage auction business unit within the next year. The unit accounted for 34 percent of KAR’s revenue last year.
Chicken reaches Americans’ tables at cheapest prices in decade
The average retail price for chicken breast fell in January to its lowest level since the Bureau of Labor Statistics began collecting the data in 2006.
Starbucks says empty storefronts are leading to lower rents
Starbucks Corp. Chairman Howard Schultz said he sees a blessing in all the retail vacancies across the United States—landlords are beginning to reduce rents.
Papa John’s to end NFL deal as new CEO confronts sluggish sales
The NFL partnership has been strained since Papa John’s founder John Schnatter slammed the league in November, saying that declining ratings had hurt sales. He also said that Commissioner Roger Goodell mishandled the national anthem controversy.
Holcomb to sign Sunday alcohol sales bill Wednesday
The bill will take effect immediately after it’s signed, which means Sunday alcohol sales will be allowed beginning this weekend at liquor stores, pharmacies, convenience stores and big box retailers.
No professional licenses for Indiana ‘Dreamers’ without bill
Young immigrants commonly referred to as "Dreamers" will be shut out of jobs in Indiana unless emergency legislation is approved to override a new practice adopted by the state’s professional licensing agency
Insurance giant GEICO adding 1,400 jobs at Carmel offices
The Chevy Chase, Maryland-based insurer said it will nearly double the size of its offices at 101 W. 103rd St. with the addition of 104,000 square feet.
Committee chairman kills divisive payday lending bill
The bill called for the creation of a new type of payday loan that would have allowed for annual percentage rates of up to 222 percent.
Macy’s breaks out of slump with better-than-expected holiday sales
The department store chain, which has three stores in the Indianapolis area, reported a healthy sales gain for the holiday period as it benefited from an improving economy and its own initiatives, like an overhauled customer loyalty program.
House panel strips major parts of Senate workforce development bill
The House Ways and Means committee on Tuesday made big changes before unanimously passing Senate Bill 50.
U.S. consumer confidence rises to highest level since 2000
Tax cuts passed into law last year are starting to show up in workers' paychecks, boosting confidence in the economy to its highest level in more than 17 years.
Powell says outlook strong, signaling gradual rate hikes
Federal Reserve Chairman Jerome Powell told Congress on Tuesday that the outlook for the U.S. economy "remains strong" despite the recent stock market turbulence, keeping the central bank on track to gradually raise interest rates.
Developer plans $9.5M town house project near old Milano Inn site
Onyx+East is buying a one-acre lot off of South College Avenue and plans to build eight buildings containing 35 residential units.
Carmel’s zoning board approves proposed mosque in 3-2 vote
The decision came after a five-hour meeting attended by hundreds of people at the Palladium concert hall, including almost 200 attendees who spoke in favor and against the project.
Apple planning giant, lower-priced iPhone models, sources say
Apple Inc. is reportedly preparing to release a trio of new smartphones later this year, including the largest iPhone ever, after sales of the iPhone X failed to meet expectations.
Five things to look for when new Fed chair Powell meets Congress
When Jerome Powell testifies to Congress on Tuesday in his first public appearance as chairman of the Federal Reserve, investors will be paying close attention to his every word.