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.
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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.
Appeals court: Anti-discrimination law covers sexual orientation
A federal appeals court in New York on Monday became the second in the country to declare that U.S. anti-discrimination law protects employees from being fired over their sexual orientation. The decision could set the stage for an appeal to the U.S. Supreme Court.
Veteran pain-management doc lines up tens of millions for Midwest expansion
American Pain Consortium Holdings LLC, led by Dr. Edward J. Kowlowitz, plans to operate 15 to 20 pain-management practices within three years.
DowDuPont unveils name for ag division: Corteva AgriScience
The agricultural spinoff includes the Indianapolis operations of the former Dow AgroSciences headquarters, which employs about 1,500.
Tridien job losses in Fishers climb to 80 as firm moves production offshore
Workers have filed for Trade Assistance Adjustment, a federal program that includes a range of benefits and services for employees who lose a job because of foreign trade.
Gorsuch silent as divided Supreme Court spars over union fees
Members of the U.S. Supreme Court clashed sharply Monday over the right of public-sector workers to refuse to pay union fees, while the justice who will cast the deciding vote kept silent during an hour-long argument.
Roche’s struggling diabetes unit looks toward ‘monster’ for boost
Roche Holding AG—the Basel, Switzerland-based parent of Indianapolis-based Roche Diagnostics—has enlisted a little green gremlin to help rescue its diabetes business after a decade of declining sales.