Articles

Political worries contribute to robust firearms sales

The presidential election is still a long way off, but large numbers of Indianapolis-area gun owners seem to think Barack Obama is a surefire bet for a second term. Uneasiness over his re-election (and fear that he might push for strict gun control laws) has sparked a run on weapons and ammunition.

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Finish Line launches running venture, reports strong sales

The Finish Line Inc. will partner with a private equity firm to expand its specialty running shops and develop Run.com, the Indianapolis-based retailer said Friday. The company also reported strong fourth-quarter earnings, but its outlook sent shares tumbling.

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Entrepreneurs see early success with new liqueur

Blue MF is a vodka-and-rum-based liqueur concocted by three Indiana University fraternity brothers turned entrepreneurs. Their firm, Indianapolis-based More Fun Liqueur, launched its signature drink in October and now is seeking investors to help fund expansion.

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Purdue graduate takes top job at McDonald’s

McDonald’s Corp. said Chief Operating Officer Don Thompson, who grew up in Indianapolis and graduated from Purdue University, will take over as CEO, becoming the first black chief of the world’s largest restaurant chain.

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Annual profit, revenue rise for Noble Roman’s

Noble Roman’s saw royalties and fees from traditional franchises decrease last year, but royalties and fees from non-traditional franchises increased, and the company saw more growth from take-n-bake products.

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Mike’s Carwash ownership trial gets under way

The private company and principals Bill and Mike Dahm are defendants in the lawsuit brought by Jerry Dahm, a cousin who once owned 35 percent of the company and claims he was forced to sell his shares at a discounted rate.

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Mass Ave restaurant plans clear first hurdle

The city’s Historic Preservation Commission has approved rezoning and variance requests for two buildings sought by the owners of Broad Ripple’s Brugge Brasserie just south of the intersection of Massachusetts and Park avenues.

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State economy finally gaining traction

Leading indicators for Indiana’s economy are looking up: Banks are increasing lending, real estate developers are pulling the trigger on long-shelved projects, manufacturers are expanding, and consumers are even buying big-ticket items, including automobiles.

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