Kroger stumbles as competition gets fiercer in grocery industry
While earnings narrowly beat analysts’ estimates, profit margins decreased again because of investments Kroger is making to keep pace with the competition.
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Cunningham Restaurant Group multitasks with latest venture
Croute Baking Co. in downtown Indianapolis won’t be a restaurant, but a multipurpose facility that includes a bakery, developmental kitchen and a small retail operation with a limited grab-and-go food menu.
TechPoint, TMap get aggressive to lure ex-pat techies to Indiana
Local tech advocacy group TechPoint is partnering with TMap, an Indianapolis startup headed by former Angie’s List CEO Bill Oesterle, and five blue-chip companies to bring far flung native Hoosiers back to the state to work.
MIKE LOPRESTI: For Carmel High School, sports dynasty hits milestone
Last week, the Carmel boys golf team rolled to another championship by 17 strokes. It was the seventh state title of the school year for the giant school from the suburban beehive, whose population is now past 90,000.
2019 Indiana 100: From casket-making roots, Hillenbrand branches into industrial equipment
The Batesville-based company recognized that it needed a new growth engine after Americans began embracing cremation as an alternative to casket burials.
2019 Indiana 100: Shoe Carnival CEO wants to ‘make it easy on the customer’
CEO Cliff Sifford says he encourages store managers to run their stores like entrepreneurs.
2019 Indiana 100: Duke veteran sees company, real estate industry evolve
Ann Colussi Dee, who's been with the company 23 years, oversees 12 attorneys and paralegals based in Indianapolis, Chicago and Atlanta.
WTHR sold to Virginia firm
Dispatch Broadcast Group announced today it has sold its Indianapolis NBC affiliate WTHR-TV Channel 13 and its Columbus, Ohio CBC affiliate WBNS-TV as well as WBNS Radio—which broadcasts on AM and FM—for $535 million in cash to Tysons, Virginia-based Tegna Inc.
Judge rejects Indiana AG’s bid to block abortion clinic
U.S. District Judge Sarah Evans Barker denied Attorney General Curtis Hill’s request for an immediate stay to prevent the clinic from opening until Indiana’s appeal is considered.
Three ex-workers charged with animal cruelty at Indiana dairy
The misdemeanor charges for the beating of animals come amid a public backlash against the popular agritourism destination Fair Oaks Farms.
Creation of TIF district in Old Southside approved by council panel
City officials said the area is primed for redevelopment, especially after being designated a Lift Indy neighborhood, which means the city will direct about $4 million in investments to the area over three years.
Indiana Blood Center getting new name in rebranding move
The organization, based on North Meridian Street, is changing its name to Versiti Blood Center of Indiana in a move designed to boost the identity of blood operations in five Midwest states.
Emmis sells six radio stations in Austin, Texas
The sale represents almost half of the radio stations controlled by Indianapolis-based Emmis Communications Corp. and leaves the company with radio holdings in only two markets.
Holcomb makes first two Capital Improvement Board appointments
The governor previously did not have authority to appoint anyone to the quasi-government agency, but that changed earlier this year in legislation that’s expected to keep the Indiana Pacers in town and fund the CIB for the next 25 years.
Indiana farmers way behind in corn, soybean planting
U.S. Department of Agriculture statistics show Indiana is behind every other corn-growing state and almost every soybean-growing state in planting.
Supreme Court to hear bid to limit retirement-plan lawsuits
The U.S. Supreme Court agreed to use an appeal by Intel Corp. to consider tightening the deadlines for lawsuits over the investments made by worker retirement plans.
Fed rate cut looks more likely, but question is when, how big?
Fed watchers say the latest economic data boost the odds that central bank will move sooner rather than later to lower rates.
Scotty’s closes Thr3e Wise Men microbrewery and restaurant in Broad Ripple
The Indianapolis-based restaurant and bar chain opened the microbrewery location more than eight years ago to supply the Scotty’s chain with its own brand of craft beer.
Salesforce buying Tableau Software in $15.7B all-stock deal
The acquisition is expected to add about $350 million to $400 million to Salesforce.com Inc.’s fiscal 2020 revenue.