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Lafayette Square Mall owner delays reopening, developing much bigger plan

August 24, 2023 | Mickey Shuey

Sojos Capital principal Fabio de la Cruz—who introduced an ambitious $200 million project for the northwest-side property in November 2021—said the new master plan will require much more investment and involve multiple development partners.

Retail sales rose solidly last month as consumers spent freely

August 15, 2023 | Associated Press

The uptick reflects the economy’s resiliency despite a still challenging economic environment of still high prices and higher interest rates.

Nation’s largest gathering of state lawmakers set to arrive in Indy

August 11, 2023 | Peter Blanchard

The National Conference of State Legislatures’ Legislative Summit is expected to generate an estimated $4.8 million in economic activity in Indianapolis, including 11,000 hotel room nights.

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Swift victory: How Lucas Oil Stadium became a stop on history’s biggest tour

August 11, 2023 | Dave Lindquist

In some ways, the work to land three Taylor Swift concerts at Lucas Oil Stadium next year began 15 years ago when country star Kenny Chesney headlined the first concert in the building a month after it opened.

Indiana GOP endorses Jim Banks’ U.S. Senate run

August 11, 2023 | Peter Blanchard

The endorsement allows the Republican National Committee to send money and resources to support Banks’ run for U.S. Senate in 2024.

Overall U.S. inflation edges up, but core number’s rise holds steady

August 10, 2023 | Associated Press

Inflation in the United States edged up in July after 12 straight months of declines. But excluding volatile food and energy costs, so-called core inflation matched the smallest monthly rise in nearly two years.

Yearlong slowdown in inflation might have stalled in July

August 10, 2023 | Associated Press

Thursday’s inflation data will be among the key metrics the Federal Reserve will consider in deciding whether to continue raising interest rates.

Upscale steakhouse chain planning downtown Indy entry

August 8, 2023 | Mason King

Houston-based Landry’s Inc. plans to open a Del Frisco’s Double Eagle Steak House in a space in downtown’s core that has housed several upscale eateries.

Property loans are so unappealing that banks want to dump them

August 7, 2023 | Bloomberg News

This year’s rise in borrowing costs has made commercial real estate one of the hardest-hit areas of the economy. Property sales, especially for office buildings, have slowed to a trickle, giving landlords and lenders few markers to determine the value of certain assets.

Gen Con extending its stay in Indianapolis through 2030

August 7, 2023 | Mickey Shuey

Fresh off a record year for attendance, the Seattle-based tabletop gaming convention has signed a four-year extension to its contract with tourism agency Visit Indy.

William Powell: Reclaiming audiences will require creative thinking

August 4, 2023 | William Powell

Theaters must draw people back by presenting dynamic, highly entertaining performances, or they won’t last in a hyper-competitive marketplace.

Out-of-state coffee shops pour into Indy

August 4, 2023 | Dave Lindquist

Time will tell whether Hoosier hospitality is reciprocated to a wave of coffee retailers that built customer bases in other states before setting up shop here.

Ex-employee of Carmel firm sentenced to nearly 5 years in prison over embezzlement

August 3, 2023 | IBJ Staff

Lisa Raines is the third former employee since 2021 to be sentenced to federal prison for defrauding the travel insurance company—all in unrelated cases.

City, CIB break ground on $800M hotel, convention center expansion

August 1, 2023 | Mickey Shuey

The ceremony follows months of construction work beneath the plaza to stabilize certain structures, like Pan Am Tower, and prepare the site for a three-year buildout.

Chatbots sometimes make things up. Is AI’s hallucination problem fixable?

August 1, 2023 | Associated Press

Spend enough time with ChatGPT and other artificial intelligence chatbots and it doesn’t take long for them to spout falsehoods. That’s problem for every business, organization and high school student trying to use one to get work done.

Mark Montieth: He’s come full circle

July 28, 2023 | Mark Montieth

Howard Kellman’s broadcast journey, built on initiative, hustle and postage stamps, can go toe-to-toe with nearly anyone’s.

Three Butler soccer players file federal lawsuit alleging abuse by former trainer

July 27, 2023 | Associated Press

The lawsuit said the alleged acts took place while the athletic trainer was under the supervision of Butler University’s senior associate athletic director for student-athlete health, performance and well-being.

State’s first Taco Bell Cantina planned in downtown Indianapolis

July 25, 2023 | Dave Lindquist

A franchise operator for Taco Bell Cantina, known for serving beer, wine, sangria, Baha Blast margaritas and Twisted Freezes spiked with rum, tequila or vodka, has signed a lease for a prominent downtown location.

Mike Pence to deliver keynote at state legislatures convention in Indy

July 24, 2023 | Taylor Wooten

The 2024 presidential hopeful is set to speak at the National Conference of State Legislatures conference at the Indiana Convention Center next month.

People with disabilities receive hospitality training at Fishers hotel

July 21, 2023 | Daniel Bradley

Participants are part of an eight-week training program at the Hampton Inn. Each person works with an employment coach from Janus Developmental Services and receives training on a variety of operations that include precleaning hotel rooms and deep cleaning other areas of the building.

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