Gen Con closing in on its first sellout in 50 years
Local hospitality officials are expecting the 50th edition of the annual gaming event to be one of the biggest conventions the city has ever hosted.
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Fast-growing local software firm bought for $80M by public company
Indianapolis-based Archway Technology Partners, which specializes in wealth management, reported revenue growth of 104 percent from 2013 to 2015.
Fieldhouse snags deli chain for former Dunkin Donuts space downtown
A spokeswoman for the Texas-based chain says a franchisee is set to open later this year in Bankers Life Fieldhouse.
Local environmental firm acquired by two private-equity firms
An Indianapolis-based environmental engineering firm that moved into a new downtown headquarters last year has been acquired by Chicago-based Woodlawn Partners LLC and Detroit-based Peninsula Capital Partners LLC.
Milhaus victorious in fight to develop $23M Meridian-Kessler apartment project
A judge has ruled in favor of the local developer, which had faced a challenge from nearby residents over the height and location of the complex.
Jeans retailer with local mall store files for bankruptcy
Retailer True Religion Brand Jeans filed for Chapter 11 bankruptcy protection Wednesday and requested permission from the federal bankruptcy judge to close 27 of its 140 stores.
Lilly, Purdue seek medical advancements in new $52M collaboration
Eli Lilly and Co. announced the “strategic research collaboration” Thursday morning, calling it the largest agreement of its kind between Purdue and a single company.
Influential lawmaker Kenley retiring from Indiana Senate
As chairman of the Senate Appropriations Committee since 2009, Luke Kenley, 72, has been one of the state’s most powerful legislators and key budget writers.
Fast-growing Fishers quality-control firm bought by Japanese companies
Founded in 2009, Stratosphere Quality pushed revenues to about $122 million last year. It employs about 2,300 workers in 22 states, including about 400 in Indiana.
Sports Direct’s Ashley says serious deals not done while drunk
Mike Ashley, the billionaire owner of Sports Direct International—which owns a major stake in Indianapolis-based retailer The Finish Line Inc.—said a former employee’s claim that he made a $19 million bonus deal while in a London pub was “nonsense.”
Columbus girds for $50M Cummins renovation, $30M overpass project
The updates to the manufacturer’s corporate offices are aimed at collaboration and efficiency. The overpass construction is meant to smooth traffic flow at a key entry point to the city.
Indiana adding opioid treatment programs at five sites
The new sites are located at health centers in Johnson, Allen, Vigo, Monroe and Tippecanoe counties, the Indiana Family and Social Services Administration announced Wednesday morning.
Monarch Beverage loses appeal to buck state liquor laws
The Indianapolis-based alcohol wholesaler had challenged Indiana laws that prevent beer wholesalers from also selling liquor.
Pharmakon collected $560K in incentives before ceasing operations
Noblesville-based Pharmakon had a history of making state and local incentive agreements before suspending operations last year after a Food and Drug Administration investigation uncovered safety issues and possible criminal activity.
Survey: U.S. factory activity rises to near a 3-year high
U.S. factories expanded at a robust pace in June, a likely sign of strength for the U.S. economy as new orders, production and employment each improved.
Downtown Colts-themed restaurant abruptly closes
The eatery at 110 W. Washington St. opened in 2011 and was operated by a Florida-based food-service veteran.
Volvo set to be first major carmaker to forgo traditional engines
The Swedish company, which has been making cars since 1927, said it will begin producing electric motors for all its cars beginning in 2019.
Indiana likely to go to court over online sales tax collections
Indiana lawmakers passed a law this spring claiming the state has a right to collect sales taxes from companies using only online transactions.
Pacers hire Buchanan as GM; Dinwiddie moves up
The 44-year-old Chad Buchanan replaces Kevin Pritchard, who moved up when Larry Bird left in May.
Retirement ‘bittersweet’ for union boss who challenged Trump
Chuck Jones grabbed headlines in December after he publicly accused then-President-elect Donald Trump of lying about how many jobs he was saving in a deal with furnace and air conditioner maker Carrier Corp.