BATTISTA: Playing for the long term
I see transit as one of the least-risky bets I’ve made, in part because of the demographics playing in its favor.
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MORRIS: IBJ events teach and inspire
Our recognition programs and Power Breakfast panels attract thousands of attendees each year.
EDITORIAL: Interactive sale to stoke startups
It can be tough to take when an Indiana company sells, but we’ve come to recognize that company sales also stoke what the tech crowd calls our entrepreneurial ecosystem.
SKARBECK: New rules affect liquidity for money market funds
When the next financial crisis hits, investors could find access to their cash in money funds temporarily restricted.
BOHANON & STYRING: Obamacare woes could spur single-payer system
Lost in the season’s political noise pollution is a simple fact: This election likely will decide whether U.S. health care irreversibly slips into a single-payer government-run system.
U.S. factory activity shrinks for first time in 6 months
The report suggests that manufacturers continue to struggle as businesses spend less on machinery, computers and other large equipment. Auto sales have also leveled off this year after reaching a record level in 2015.
Vertellus to be acquired by lenders after no other bids surface
Chemical company Vertellus Specialties Inc. says the $454 million deal arranged in bankruptcy proceedings will allow it to continue operations with its current leaders.
Stock swoons at Lids’ parent after company cuts outlook
Shares in Genesco Inc.—parent of Zionsville-based Lids Sports Group—dropped almost 30 percent Thursday after the company reported lower-than-expected sales in the second quarter and downgraded its full-year outlook.
North-side stationery firm acquired by Canadian company
Supremex Inc. hopes to put its stamp on the Midwest by purchasing 88-year-old Bowers Envelope Co. Inc.
Court battle heats up between state, Monarch Beverage affiliate
The state has requested a stay of a Marion County judge’s ruling last week that opens the door for a Monarch Beverage affiliate to enter the liquor-wholesaling business.
Downtown roundup: New eatery taking R bistro spot; Rebar, Salt and Jack’s open
Rooster’s Kitchen, featuring bacon-laden comfort food, hopes to open in October in the perch where a longtime Mass Ave favorite once operated.
IndyCar’s Hinchcliffe taking a risk on ‘Dancing’ stage
James Hinchcliffe, one of the most personable and marketable drivers in the IndyCar Series, is looking forward to competing on”Dancing With the Stars,” even though it’s not exactly in his wheelhouse.
Purdue and Ivy Tech launch aviation-maintenance partnership
A new partnership between the Purdue Polytechnic Institute and the Lafayette campus of Ivy Tech Community College might help fill the employment pipeline for the $100 million-plus jet engine plant that General Electric recently built in Lafayette.
Indianapolis airport traffic on the upswing
For the first seven months of 2016, the airport saw 2.49 million passengers board flights. During the same period in 2015, that number stood at 2.26 million.
Retirements, stiffer training requirements fuel pilot shortage
A University of North Dakota study predicts that annual pilot deficits will escalate over the next decade and will total 15,000 by 2026.
Ticket giveaway: ‘Million Dollar Quartet’
Actors Theatre of Indiana offers the local premiere of the Cash/Perkins/Lewis/Presley musical.
Gun store argues no liability for straw sale linked to officer’s shooting
Lawyers for an Indianapolis gun store sued for making an illegal straw sale of a firearm that was used to shoot an Indianapolis police officer argued Wednesday that Indiana gun sellers are shielded from civil lawsuits even when they break the law.
UPDATE: School chief Ritz’s office backed app deal without bidding
Indiana Superintendent of Public Instruction Glenda Ritz's office approved a lucrative technology contract that state government officials said should have been subject to competitive bid, awarding it to a company that later gave one of her key aides a senior job.
Tech leaders heap praise on city’s latest billion-dollar exit
In the immediate wake of news Wednesday that Interactive Intelligence Group Inc. had agreed to be acquired for $1.4 billion, Indianapolis tech leaders bubbled with praise for CEO Don Brown and with enthusiasm for the possible impact on the city.
Simon part of group trying to save at least 229 Aeropostale stores
Without the rescue, it appears the teen fashion retailer’s remaining stores are heading for liquidation, an event that will put about 10,000 people out of work. Aeropostale has five Indianapolis-area stores.