Discount chain Dollar Tree hiking prices to $1.25
After 35 years of selling goods for a buck, Dollar Tree is boosting its standard price point to $1.25, the company said in a statement Tuesday.
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U.S. to release 50 million barrels of reserve oil to ease energy costs
The move is aimed at global energy markets, but also at U.S. voters who are coping with higher inflation and rising prices ahead of Thanksgiving and winter holiday travel.
Area homebuilders see third straight monthly drop in permit filings
The recent slump has slowed what had been a torrid pace for the local home-construction industry. Permit filings are still easily on pace to have their biggest year since 2005.
IBJ Podcast: Martha Hoover (Part 2 of 2) on how the restaurant industry is broken
Hoover—known for restaurants including Cafe Patachou, Public Greens and Napolese—tells host Mason King that the industry has historically put too much emphasis on quantity and price at the expense of quality, as well as the people making the food.
Indiana to land $8.8 billion from U.S. infrastructure bill
One Indiana project likely to be expedited as a result is widening interstates 65 and 70 to six lanes the full length and breadth of the state.
Under-the-radar developer poised to redefine Lafayette Square neighborhood
Fabio de la Cruz has a plan to transform Lafayette Square Mall and several adjacent properties into a multicultural hub, including a concert center, movie theater, hotel and multifamily housing.
IEDC works with accelerator to bring startups to Indiana
Gener8tor is launching four industry-specific programs within its gBETA accelerator for early-stage startups from both Indiana and around the United States, hoping some will move here.
FDA approves COVID boosters to all adults; final hurdle ahead
There’s one more step: The Centers for Disease Control and Prevention must agree to expand Pfizer and Moderna boosters to even healthy young adults. Its scientific advisers were set to debate later Friday.
New Big Woods restaurant announced for Fashion Mall
Shoppers can expect the Brown County-based restaurant to open in the Fashion Mall at Keystone in spring 2022.
Monument Circle concerts set for college football championship weekend
Rapper Doja Cat, rock duo Twenty One Pilots and country vocalist Sam Hunt will headline three days of free concerts scheduled Jan. 8-10 in the open-air setting of Monument Circle.
Tech firm adding coworking space as part of $27M refresh to former Marsh HQ
Knowledge Services Inc. acquired the five-story building at 9800 Crosspoint Boulevard—west of I-69 and north of 96th Street—in March 2020 for about $9 million.
Churchill Downs to operate Terre Haute casino
Louisville-based Churchill Downs proposed a $240 million project known as the Queen of Terre Haute, to be built on nearly 21 acres west of the Haute City Shopping Mall.
Indiana’s highway system stagnant in national ranking, study says
The foundation’s 26th annual highway rankings place the Hoosier state at 32 for the second straight year, dinging it for poor rural and urban interstate pavement, insufficient maintenance expenditures, low capital and bridge spending, and more.
For second time, Franciscan Health extends deadline for employee vaccinations
Franciscan issued a three-paragraph statement, saying it had “re-examined its next steps” for the COVID-19 vaccine and was now adopting a Jan. 4 deadline to comply with the federal mandate.
Catholic event expected to attract 50,000-plus to Indianapolis
The United States Conference of Catholic Bishops approved plans Wednesday for Indianapolis to host a National Eucharistic Congress, a five-day summer event that organizers say could draw as many as 80,000 people to the city.
City to invest $3.5 million in far-east side through Lift Indy program
The far-east area is Lift Indy’s seventh designee, after Mid-North, Monon16, the Old Southside, East 10th Street, the Near-North and Martindale-Brightwood.
Dance Kaleidoscope seeks donors for Circle City Industrial Complex home
Executive Director Kim Gutfreund, who’s led Dance Kaleidoscope since June, and long-running artistic director David Hochoy announced Tuesday a $2 million capital campaign.
Indiana governor, GOP lawmakers look to end COVID-19 orders
Indiana’s governor is facing pressure from fellow Republicans to end the statewide COVID-19 public health emergency order that’s been in place since March 2020 even as the state has seen a recent jump of infections and hospitalizations.
British Airways seeking to launch direct London-to-Indianapolis flight
If the route becomes official, it would be the first trans-Atlantic flight from the Indianapolis since Delta Air Lines discontinued its Paris flight in March 2020 due to the coronavirus pandemic.
Indy Eleven hire El Paso leader Lowry as new head coach
Mark Lowry becomes the fourth head coach in Eleven team history. The 36-year-old native of Birmingham, England, has coached El Paso Locomotive FC in United Soccer League Championship play for the past three seasons.