CEDIA planning $13.7 million headquarters in Fishers
The Custom Electronic Design and Installation Association plans to break ground on the 40,000-square-foot building Nov. 8.
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U.S. worker productivity makes biggest jump in three years
The increase in productivity in the July-September quarter was double the 1.5 percent gain in the second quarter, the Labor Department reported Thursday.
Southwest Airlines to launch nonstop Indy-to-Oakland flights
The new Southwest flight will be the first nonstop service from Indianapolis to Oakland.
UPDATE: Indy-based health insurer MDwise to be acquired by Michigan firm
After the deal closes, the insurers are expected to collectively cover more than 620,000 people and generate annual revenue approaching $6 billion.
Roundup: On south side, Whiskey Business stakes out site while Portillo’s progresses
Owners of the east-side hangout hope to replicate their success on Southport Road, albeit with more burgers. Meanwhile, Portillo’s has vaulted a hurdle for its location on U.S. 31 South.
Indian engineering firm plans to open 500-worker North American HQ in state
Axiscades, which provides product engineering to firms in a variety of industries, plans to decide by the end of the year where in Indiana it will put the operation.
LOPRESTI: A six-week planning blitz scores mega-event
One minute, the football championship folks are on the line to pop the question. The next, Indianapolis has six weeks to say yes, and plan how to pull it off.
Organizing committee to seek $16M in corporate support for college championship
That compares to $30 million the Indianapolis business community contributed in cash and in-kind services to support the 2012 Super Bowl held at Lucas Oil Stadium.
House Republican’s evolving tax bill leaves retirement plan intact
The plan, expected to be released Thursday, is a long-standing goal for Capitol Hill Republicans who see a once-in-a-generation opportunity to clean up an inefficient, loophole-cluttered tax code.
IU experts expect Indiana’s economy to outpace nation’s in 2018
In their annual Business Outlook forecast, Indiana University Kelley School of Business economists say employment gains will fuel economic growth in 2018.
Trump to pick Powell as Federal Reserve chairman, sources say
Trump, who has said he’ll announce his pick Thursday, would be choosing a former private-equity executive who favors continuing gradual interest-rate increases and sympathizes with White House calls to ease financial regulations.
Jeffboat to idle 278 workers at Indiana shipyard
The barge and towboat manufacturer Jeffboat LLC notified the Indiana Department of Workforce Development of the layoffs, citing slumping demand.
Indianapolis to host national college football championship game
The 2022 College Football Playoff National Championship game is expected to have a $150 million economic impact on Indianapolis.
Fed leaves key rate unchanged but hints at future hikes
With a new Federal Reserve leader about to be announced, the Fed is hinting that it's preparing to resume raising rates as the economy shakes off the effects of recent hurricanes.
Downtown’s Cadillac Ranch restaurant and bar closes
Owner Granite City announced the closure Wednesday, along with three Granite City restaurants in two Midwestern states. Adjoining lounge Bartini’s also closed.
U.S. Postal Service offers next-day Sunday delivery
The holiday program allows consumers in select cities to place online orders with participating retailers on a Saturday and then receive their packages the next day.
Papa John’s blames NFL ‘debacle’ for hurting its pizza sales
Papa John’s International Inc. founder John Schnatter is going after NFL Commissioner Roger Goodell, saying weak handling of the league’s national-anthem controversy has hammered sales of his pizza.
Allison Transmission raises forecast after solid quarterly report
Allison Transmission Holdings Inc. raised its full-year sales projections after reporting better-than-expected revenue and earnings in the third quarter.
KAR tops quarterly expectations with rising revenue, earnings
The Carmel-based vehicle reseller increased its full-year earnings forecast after seeing a 15 percent increase in third-quarter profit.
New Greenways Foundation chief hopes to hike group’s profile
Ken Giffin, a veteran of local politics and the business community, is pounding the pavement to raise more money to support Indiana’s trail systems.