The $200 million headquarters development plan by Indianapolis-based Republic Airways Holdings Inc. and Kite Realty Group Trust would result in Republic becoming the largest employer in Carmel.
Republic, which provides passenger flights that operate under the flags of major airlines, plans to move about 1,900 jobs to Carmel, the city said in a news release. Its headquarters is now at 8909 Purdue Road.
Officials are taking a fresh, hard look at municipal-owned real estate as part of a larger effort to repurpose several sites that will be largely vacated as agencies move to the Community Justice Campus.
The four-week average of jobless claims, which smooths out fluctuations in the weekly data, dropped for the fifth straight week, to just below 336,000.
COLTT was launched in 2016 by Dr. David Roe, the former director of IU Health’s lung transplant program, who modeled the program after one he’d seen at Duke University. In 2018, it was expanded to include heart-transplant patients.
While the upward march of prices appears to have eased last month, economists caution that the same underlying causes remain. Supply chains are still snarled, especially for critical components like computer chips, and consumer demand is easily outpacing supply.
City officials on Monday released a long-anticipated request for developers to submit ideas for reuse of the 28-story Indianapolis City-County Building, along with studies that show it would take more than $35 million in basic upgrades to repurpose the structure.
A lot is riding on the revival of in-person meetings. Prior to the pandemic, conferences and trade shows generated more than $1 trillion in direct spending and attracted 1.5 billion attendees annually around the world, according to the Events Industry Council, a trade group.
The ongoing drop in applications for unemployment aid—six declines in the past seven weeks—indicates that most companies are holding onto their workers despite the slowdown.
Nearly 4 million people quit their jobs, just shy of a record set in April, and up from 3.9 million in June. That suggests many Americans are confident enough in their prospects to seek something new.
Wasn’t it just yesterday that Indianapolis was basking in the glow of pulling off the NCAA Tournament, with COVID banging on the door? But the calendar moves on, and now Indy and its 425-person playoff host committee prepares for their next moment of truth on the big stage.
A first-time downtown Indianapolis food festival featuring some of the city’s best-known restaurants and brewers is already nearly a sellout, organizers said this week.
Daily housekeeping was once a given. Since the onset of the pandemic, hotels of all sizes and price points have been scaling back this service to every few nights and allowing guests to determine the frequency of attention.
Economists have forecast that employers added 750,000 jobs in August, according to the data provider FactSet. That would represent a substantial gain, but below the roughly 940,000 jobs that were added in both June and July.
The sectors in central Indiana account for one out of every 10 jobs here, or 164,144 workers, and the jobs pay an average of $77,229, according to the report commissioned by BioCrossroads.
Plans for a new hotel across from Shapiro’s Delicatessen in downtown Indianapolis are moving forward after a year-long delay caused by the pandemic—now with a new name and a more experienced development team.
The uncertainties raised by the delta variant make it likelier that the Fed will announce a tapering in November or later, economists said, rather than in September. That would allow Fed officials to consider two additional months of data on inflation and jobs to gauge the delta variant’s impact.
