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Changes in retail expand gulf between haves, have-nots
It turns out that Simon Property Group spun off its less profitable malls and zeroed in on high-end properties at just the right times. Analysts say middling malls are losing out as retailers decide where to pare locations.
UPDATE: Consumer groups ask court to reconsider records ruling
Consumer advocacy groups and professional journalism organizations are asking the Indiana Supreme Court to reconsider a recent decision allowing lawmakers to withhold emails requested under the state's public records law.
Indianapolis health analytics company lands nearly $4M in VC
Springbuk, which aims to simplify the jobs of HR benefits and wellness managers, plans to use the money on product innovation and hiring.
Poll: Pence has narrow lead over Gregg in race for governor
Indiana Gov. Mike Pence is leading Democratic challenger John Gregg by four percentage points in the governor’s election race in a new poll conducted for Bill Oesterle’s Free Enterprise PAC—a slight lead that’s within the margin of error.
State commission chastises Brizzi for ‘misconduct,’ seeks punishment
The Indiana Supreme Court’s Disciplinary Commission is recommending former Marion County Prosecutor Carl J. Brizzi III be punished for “a pattern of misconduct” that occurred during his time in office.
State unemployment fund pays back $250M loan
The trust fund—which is used to pay benefits to out-of-work Hoosiers—reimbursed the state for a loan that saved businesses from paying more than $327 million in penalties to the federal government.
Trump’s investments include companies he bashed
Donald Trump has invested in some of the companies that he uses as punching bags on the campaign trail—including the parent of Carrier Corp., according to new financial documents.
With spotlight looming, REITs stressing investor education
Real estate investment trusts like Indianapolis-based Simon Property Group are preparing for a surge of attention as they get their own grouping in major U.S. stock indexes. Their first task: educating investors who have no idea how to evaluate the industry.
Carmel panel OKs purchase of two potential redevelopment properties
The properties, at 582 S. Rangeline Road and 30 E. Main St., could cost up to a total of $1.35 million. They are targeted for redevelopment.
Coal mine woes may mean environmental bills for taxpayers
As more coal companies file for bankruptcy, it's increasingly likely that taxpayers will be stuck with the very high costs of preventing abandoned mines from becoming environmental disasters.
Ticket Giveaway: Maxim Party for the Indianapolis 500
Grammy-winner Tiesto headlines the Pavilion at Pan Am Plaza pre-race bash.
City to have say on $15M apartment, retail project by Athenaeum
Construction could begin as early as the fall, pending approval from historic preservation officials. The project would fill a long-vacant space along the Mass Ave corridor with housing, retail and a parking garage.
HHGregg reports 10 percent drop in quarterly sales
The latest quarter was the ninth straight in which the Indianapolis-based electronics and appliance retailer has failed to report a profit.
Butler basketball coach agrees to contract extension
Butler University men's basketball coach Chris Holtmann has received a one-year contract extension that will keep him with the Bulldogs through the 2021-22 season.
Speak Easy to make downtown’s Morrison Opera Place its second home
The not-for-profit co-working organization based near 52nd Street and College Avenue said it plans to open a location in the historic downtown building as soon as August.
Ellspermann hopes to ‘blow barriers out of the way’ to solve Ivy Tech challenges
The former lieutenant governor envisions a first day of classes where students meet their future employers.
Delany won’t say if ESPN will be part of Big Ten media deal
Big Ten Conference Commissioner Jim Delany expects to announce a new media rights agreement this summer. He just wouldn't say if he expects ESPN to renew its deal.`
Unanimous vote makes Ellspermann leader of Ivy Tech
IBJ first reported Tuesday that former Indiana Lt. Gov. Sue Ellspermann would be voted in as president of the state’s community college system. Wednesday’s formal vote by Ivy Tech’s trustees was 11-0.
Fed raises likelihood of a June interest rate hike
The minutes of their most recent meeting in late April show that Federal Reserve officials widely felt it would be appropriate to raise rates at their June 14-15 meeting as long as hiring and economic growth further strengthened.