Incoming zoo CEO seeks to continue momentum
Rob Shumaker, now president of the zoo, will take over as CEO for the retiring Michael Crowther in early January.
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Fiber network firm looks beyond Indiana for growth
Intelligent Fiber Network has spent the last 18 months rebranding—including a name change that telegraphs its growth plans—and ramping up its marketing.
Electric car service Blue Indy ceasing operations
The electric-car-sharing service that launched in September 2015 notified customers Friday morning that it will discontinue its Indianapolis fleet in May.
Unexpected slow November snaps second-half surge in home-building activity
Applications for home construction fell 15 percent in November, which means Indianapolis-area builders will need a huge December to match 2018’s numbers.
Indianapolis company a leader in getting Baby Yoda products to market
Trends International LLC announced Thursday that it has already launched three different posters featuring the Baby Yoda that can be purchased online in time for Christmas. Several other products will roll out after Jan. 1.
After long opposing federal intervention, NCAA seeks congressional help
With nearly 30 states considering some form of legislation that tackles athlete compensation, NCAA President Mark Emmert said he is now open to federal lawmakers potentially crafting uniform guidelines that help reshape the college athletic model.
Indiana University athletic director Glass stepping down
Fred Glass, who has led the IU athletic department since 2009, said “it’s time” for him to step down and spend more time with his family. His successor will be chosen by IU President Michael McRobbie.
Ike & Jonesy’s to close as building owner develops boutique hotel
After a 36-year run, the owners of the downtown nightlife institution say it will close after its New Year’s Eve party and a “Last Hurrah Celebration.”
IBJ Podcast: The demise of a trucking giant
In the years after Celadon Group’s co-founder and longtime leader, Stephen Russell, retired and then died, the company went in new directions that led to financial problems and accusations of fraud. Podcast host Mason King talks with IBJ Editor Greg Andrews and reporter Susan Orr about Celadon’s rise and fall as well as what role the fraud allegations played in its demise.
Interchange, trail spark development on 106th Street in Fishers
The lion’s share of Fishers’ recent high-intensity development has taken place at East 116th Street and Interstate 69, but a wave of projects is coming together just to the south.
BEHIND THE NEWS: A flawed culture poisoned Celadon
Critics of Celadon management say a deep-seated, clubby culture helped propel the Indianapolis-based trucking giant toward financial ruin.
Security-products maker Allegion accelerates innovation
The manufacturer has created an innovation studio bent on getting products from concept to market in 120 days or less.
Fifth generation takes helm at Gregory & Appel
When Andrew Appel becomes CEO at Indianapolis-based Gregory & Appel Inc. Jan. 1, he’ll be carrying on a long-standing family tradition.
Fountain Square dance club, music venue closes
The establishment’s owner is already looking for a new occupant for the space, located in the heart of Fountain Square.
Hotel in downtown Fishers project to fly upscale Tapestry flag
The $157 million mixed-use project slated for the Nickel Plate District in Fishers is expected to include a five-story, 116-unit hotel under Hilton’s high-end Tapestry Collection brand.
East-side apartment complexes sold for nearly $26M
The complexes are expected to receive upgrades from their new owners—one of which has collected three other apartment properties on the east side in the last four years.
UPDATE: Colts’ Vinatieri set for season-ending knee surgery
The 46-year-old kicker had an MRI on his left knee last week after posting career-worst numbers this season.
UPDATE: Celadon ceasing operations, eliminating nearly 4,000 jobs
CEO Paul Svindland said challenges in the trucking industry, along with fallout from what prosecutors allege was a massive accounting fraud engineered by prior management, proved impossible to overcome.
Apartment-building blitz reshapes Broad Ripple
Broad Ripple is wrapping up a prolific six-year stretch during which developers have spent more than $125 million to bring nearly 800 new apartments to the neighborhood.
As injuries mount, Methodist Sports Medicine expands to meet need
Founded in 1983, the practice has 28 physicians and annual revenue of $35 million, and shows little sign of slowing.