Gerald Paul, co-founder of Paul Harris Stores, dies at 95
In addition to co-founding and leading national women’s clothing retailer Paul Harris Stores, Gerald Paul was an active philanthropist in local arts, education and Jewish causes.
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Medical device manufacturer plans $37M Westfield facility, 477 jobs
Abbott Laboratories announced plans Monday night to build a 120,000-square-foot facility in the NorthPoint Industrial Park along U.S. 31 where it will manufacture a heart valve repair device.
IBJ Podcast: Have you seen this guy painting on the Circle? That’s no accident.
Local artist Justin Vining talks with podcast host Mason King about how he uses data and plein air painting to drive sales.
Carmel-based builder that launched during recession just keeps growing
Old Town’s sister companies are continuing to develop projects in Carmel, working on a large mixed-use development that will help transform downtown Westfield, and expanding their reach into West Lafayette, where the company is part of a $1 billion project being constructed next to Purdue University’s campus.
2019 Carroll Award winner: Mark Miles’ eclectic career has centered on big events
Ask Miles about his wide-ranging resume, and he compares it to Forrest Gump’s.
J.P. Morgan sues ex-broker after client exodus to his new firm
The brokerage alleges that Erik Weiss, since leaving for a job with Raymond James & Associates last month, has been improperly soliciting clients to follow him.
Duke Energy facing rate-hike pushback
Key parties in the case have asked state regulators to order Duke to refile all its work papers and exhibits, with formulas and linked spreadsheets.
Freshly made food is big. What could go wrong? Everything.
Grocery distributor SpartanNash is shutting down Fresh Kitchen, a prepared-meals division of Indianapolis-based Caito Foods Service that once held great promise.
Colleges find big benefits in connecting investors with startups
Colleges nationwide are launching angel networks that connect business executives and investors with entrepreneurs and startups with ties to the school.
New poll shows Hogsett leading Merritt by more than 30 points
According to the poll, conducted by Mason Strategies for Indy Politics, 57% of voters say they would vote for Democratic incumbent Joe Hogsett while only 23% say they would vote for Republican state Sen. Jim Merritt.
P.E. MacAllister, businessman and civic leader, dies at 101
He helped build Indianapolis-based MacAllister Machinery Co. into a regional powerhouse and worked behind the scenes during the city’s resurgence beginning in the 1960s. He served in top positions on the election campaigns of Mayor Richard Lugar and Mayor Bill Hudnut, as well as on a myriad of corporate, civic and government boards.
Lugar Plaza project designer captures Monumental Award
The annual awards, which recognize excellence in local architecture, engineering, interior design, landscape architecture, construction, real estate development and more, took place Wednesday at the Indiana Roof Ballroom.
Pacers don’t expect new naming-rights deal for fieldhouse until 2020
Pacers Sports & Entertainment hopes to pin down a new multimillion-dollar sponsorship deal before the first phase of a $360 million renovation to the venue begins next summer.
Ambrose rejects city’s $6M offer for GM stamping plant site
The offer came during a 40-minute meeting at Ambrose’s headquarters on Monument Circle, at which the two sides discussed their ongoing dispute over the city’s insistence that it acquire the 91-acre property, using eminent domain if necessary.
Lilly earns more than expected but misses revenue expectations on key drugs
Eli Lilly and Co. easily topped earnings expectations in the third quarter, but shares in the Indianapolis-based drug company tumbled nearly 5 percent Wednesday morning.
ISO’s Leppard dies at 92
In his tenure as music director from 1987 to 2001, Raymond Leppard led the Indianapolis Symphony Orchestra on international tours and focused on producing recordings and radio broadcasts.
Four local development projects picked to receive $35M in incentive funds
Indianapolis Mayor Joe Hogsett said Tuesday that the city intends to use New Markets Tax Credits from the U.S. Department of the Treasury to support development projects involving the Madam Walker Legacy Center, the Wheeler Mission Center for Women and Children and two other groups.
Developer of firehouse project in Butler-Tarkington eyeing start by year’s end
Third Street Ventures has received permits for nonstructural interior demolition of the former fire station near 56th and Illinois streets, but it hasn’t yet firmed up the building’s commercial use.
Carmel Council urges lawmakers, FCC to limit 5G technology deployment
The resolution follows several weeks of discussion among Carmel officials and residents, who have expressed concerns about the health and safety implications of 5G technology.
Pacers give Sabonis 4-year deal to keep core group together
The Pacers did not announce financial terms of the deal though ESPN.com first reported it was worth $77 million in guaranteed money and Sabonis could make as much as $85 million with bonuses.