Stout’s Shoes plans Carmel comeback in The Signature development
The long-running footwear store will own space below the residential condominiums at the Old Meridian Street location and lease some of it to other retailers.
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Cycling legend Major Taylor’s bike returning to Indianapolis for exhibition
The California-based U.S. Bicycling Hall of Fame announced Wednesday that it was loaning the bike to the Indiana State Museum for an exhibit opening in March.
Design approved for Indiana University’s new School of Medicine building
IU said the 11-story, 325,000-square-foot facility in Indianapolis will be used to address instructional and research needs of programs in the university’s school of medicine.
Cummins to acquire brake manufacturer for $325M
Cummins announced Wednesday that it’s signed an agreement to purchase Connecticut-based Jacobs Vehicle Systems from its current owner for $325 million. The deal is expected to close later this year.
Pandemic forces delay in fraud trial of former Celadon execs
The criminal case against former Celadon executives Eric Meek and Bobby Peavler had been scheduled to begin on Feb. 22, but the judge has rescheduled the trial because local COVID-19 positivity rates are too high.
Pacers deal All-Star Sabonis to Kings in six-player trade
The Indiana Pacers will look completely different when they return home later this week, while the Sacramento Kings are getting an All-Star. The two teams agreed to a six-player trade Tuesday that will send star forward Domantas Sabonis to Sacramento and emerging point guard Tyrese Haliburton to the Pacers, a person with direct knowledge of […]
Huston exits College Board job as controversy brews over education bill
Indiana House Speaker Todd Huston said he left the job to focus on his responsibilities at the Legislature. His office said his departure was unrelated to pending legislation.
Cook Medical to sell reproductive health unit for $875M
The reproductive health unit includes products for obstetrics and gynecology, in vitro fertilization and assisted reproductive technology.
City weighing nearly $25M in TIF bonds for Stutz renovation, 16 Tech apartments
The City-County Council on Monday saw the introduction of proposals to award developer-backed tax-increment financing bonds for a $60.8 million apartment development at the 16 Tech Innovation District, along with the $53 million redevelopment of the historic Stutz Motor Car Co. factory.
The Lemon Bar restaurant in Zionsville meeting tart end
Kate Drury, founder of The Flying Cupcake, opened The Lemon Bar in October 2017 in the renovated site of an abandoned garage. She cited staffing shortages as the reason behind its impending closure.
Krispy Kreme making brick-and-mortar return to Indy in March
The new building will become the doughnut company’s first Indianapolis store since closing other locations more than a decade ago.
Frontier offers $2.9B for Spirit to create low-cost airline combo
Frontier is offering to buy Spirit Airlines in a $2.9 billion cash-and-stock deal that will create the nation’s fifth largest carrier. The companies foresee adding 10,000 jobs internally.
Nuclear power could get a second chance in Indiana
Some once-leery states, including Indiana, are taking a new look at nuclear power as a way to preserve jobs and help decarbonize the electric grid.
Simon unloads ownership stake in struggling Circle Centre mall
The remaining owners announced Friday that they were soliciting ideas for ways to redevelop the shopping center with an eye to multiple uses.
10 years later, arts leaders assess the significance of Super Bowl murals
On the 10th anniversary of the “46 for XLVI” project, the Indy Arts Council is talking with artists, building owners and the public to determine what’s next for the murals.
Saraga International Grocery details reopening plans following fire, makeover
Renovations at the store near Lafayette Square Mall were necessitated by smoke damage and water used by a sprinkler system.
Purdue University files patent-infringement suit against Google
The dispute concerns technology that the university says was developed and patented by a team of professors and graduate students to address “power bugs” in mobile phone apps.
The Learning Experience to build first Indiana location in Fishers
The Florida-based preschool company has planned five central Indiana locations, including new buildings in Noblesville, Westfield, Brownsburg and Greenwood.
NCAA earns $1.15B in 2021 as revenue returns to normal
Staging all of March Madness in central Indiana, the NCAA was able to collect on its main source of revenue in 2021.
The Roost to take Sahm’s Ale House spot in Nora, offer breakfast-brunch
Sahm’s Restaurant Group will focus on eggs and pancakes at The Roost, with lunch and dinner available next door at its Big Lug Canteen brewery.