Oil prices soared early Monday before retreating. Benchmark U.S. crude surged to $130 a barrel overnight, then moderated to around $119, a 3% gain, in afternoon trading. The international price skyrocketed to $139 before falling back to about $123 a barrel.
Raytheon’s Indianapolis site is now operating under the Vertex name following a recent acquisition by Madison, Mississippi-based Vertex Aerospace, but that name is expected to change again in the months to come thanks to another acquisition.
The owner of The Human Bean in Indianapolis and Garbanzo Mediterranean Fresh in Zionsville tell host Mason King about the biggest hurdles they faced launching a restaurant (think rising labor costs and supply chain troubles) and why they don’t regret their mid-life career changes.
Online gatherings are here to stay, but after two years of Zooming, people are looking for something more than the standard videoconferencing sites can offer.
Record-breaking cash register receipts for restaurants that were able to weather the pandemic represent one statistic of a “trifecta” of big numbers affecting the industry.
The Indiana House and Senate have both approved a measure that would reduce the tax on disposable e-cigarettes from 25% of the wholesale price to 15%.
A $28.5 million Lilly Endowment Inc. grant will provide funding for plaza amenities including sculptures by Honduras-based artist Herman Mejia, a community basketball court/ice rink and public restrooms.
When Rick Alvis took the top job in 1990, the not-for-profit had 17 employees and a budget of $700,000. Today, Wheeler has approximately 175 employees and an annual budget of nearly $16 million.
Republican House Speaker Todd Huston said Thursday that even if language from House Bill 1134 is brought back in another proposal, it’s “highly unlikely” that House Republicans would be on board.
The Westfield Redevelopment Commission issued a request for proposals Thursday, seeking “proposals from qualified respondents interested in purchasing the sports campus … or in entering a public-private agreement to operate Grand Park.”
Indiana Gov. Eric Holcomb, in an opinion piece distributed to media outlets on Thursday, solidified his support for legislation that would provide state tax cuts—and went a step further by asking for an even deeper reduction in income taxes than proposed by House Republicans.
With financing from Lilly Endowment and support from the Smithsonian Institution, Conner Prairie’s Promised Land as Proving Ground exhibit is expected to be fully open in 2023.
The provisions would allow anyone age 18 or older to carry a handgun in public except for reasons such as having a felony conviction, facing a restraining order from a court or having a dangerous mental illness.
City officials plan to create an economic development area in the coming months for the Motto-branded hotel, which is being developed in the the historic King Cole building by Chicago-based Gettys Group for about $48.5 million.
TrendyMinds Inc. has secured an eight-figure investment and plans to establish new regional offices in Florida and Texas while increasing employment in Indianapolis.
Damien Center plans to use the building as a second satellite location, while SPJ headquarters employees will now work mostly on a remote basis.
The racing legend’s property in central Indiana includes a 20,000-square-foot luxury log-built house with an adjacent nine-acre lake.
The partnership of private firms that operates Indianapolis’ parking meters plans to raise the hourly rate for nearly half of its 4,211 spaces.
And because the property fronts the busy East 96th Street commercial corridor, the developer is also exploring options for retail outlots on the north end.
Speaking after the vote, Senate President Pro Tempore Rodric Bray said some Republican lawmakers thought the bill created too much of a burden for educators, while others thought it didn’t go far enough.
