Thompson Thrift began 37 years ago when Paul Thrift and his partner, John Thompson, acquired one repossessed home when they were in college at Indiana State University.
After closing dozens of restaurants, including one in Indianapolis, the seafood chain has agreed to sell itself to its lenders―giving it a $100 million financing commitment to keep it afloat.
Keystone Group revealed late Wednesday that archaeologists have discovered 87 remains in the excavation of a six-acre portion of the former manufacturing site.
This summer, the Health and Hospital Corporation of Marion County will break ground on a multiyear, $170 million facilities improvement plan—the largest investment in the agency’s structures in decades—beginning with a new public health lab.
The City-County Council on Monday evening approved a major piece of the Hogsett administration’s plan to lure a Major League Soccer team to Indianapolis, advancing a proposal for a new professional sports development area intended to fund a soccer-first stadium.
The phrase “All Great Racers Come to Indy” originated in motorsports. For a century, that has applied to swimming, too, whether the pool is at Broad Ripple Park, on a college campus or inside a football stadium.
In a famous exchange from Ernest Hemingway’s “The Sun Also Rises,” one friend asks, “How did you go bankrupt?” To which the friend replies, “Two ways. Gradually and then suddenly.”
Longtime business partners Robert Laikin and Larry Paulson, who made their fortunes in the cellphone industry, are turning their sights to manufacturing high-density batteries for industrial uses.
Community Health Network’s announcement this month that it plans to open a $335 million campus near U.S. 31 and 196th Street in Westfield marks the latest entry into the crowded Hamilton County hospital market.
The Justice Department in May said Boeing had violated terms of a 2021 “deferred prosecution agreement” that would have allowed the company to avoid criminal prosecution in exchange for meeting a number of conditions.
The Supreme Court on Friday upended a 40-year-old decision that made it easier for the federal government to regulate the environment, public health, workplace safety and consumer protections, delivering a far-reaching and potentially lucrative victory to business interests.
The deal includes just over $487 million in penalties—the statutory maximum—although Boeing would only have to pay half because it is receiving credit for payments it made as part of a previous agreement.
Boston-based chef Paul Wahlberg founded Wahlburgers, a chain co-owned by his brothers, actors Mark and Donnie Wahlberg. The Carmel location was the only one in Indiana.
Victims rarely get their money back, including older people who have lost life savings to romance scams, grandparent scams, technical support fraud and other common grifts.
The court, in the latest challenge to the Indianapolis-based NCAA’s long-held notion of “amateurism” in college sports, said a test should be developed to differentiate between students who play college sports for fun and those whose effort “crosses the legal line into work.”
The Labor Department filed a complaint this week in U.S. District Court against the owner of eight Indianapolis-area health care services companies, saying an estimated 700 employees might have been shortchanged by his practices.
