Sears to explore sales of Kenmore, Craftsman, DieHard brands
Sears Holdings Corp. may turn to asset sales of some of America’s iconic brands to generate cash amid continued losses.
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Bombardier cuts Republic jet order from production schedule
Bombardier Inc. has removed from its production schedule an order for C Series aircraft placed six years ago by Indianapolis-based Republic Airways Holdings Inc., which is in bankruptcy. The price tag was $3 billion.
Cheaper beef makes return just in time for grilling season
Americans celebrating Memorial Day this weekend have a pleasant surprise coming their way: the cheapest retail prices for ground beef in two years.
With spotlight looming, REITs stressing investor education
Real estate investment trusts like Indianapolis-based Simon Property Group are preparing for a surge of attention as they get their own grouping in major U.S. stock indexes. Their first task: educating investors who have no idea how to evaluate the industry.
Bright House, Time Warner brands to disappear after merger
Time Warner Cable and Bright House Networks will be phased out after Charter Communications Inc. closes its $55.1 billion purchase of Time Warner on Wednesday.
Retail REITs feeling shopping mall pain, except for Simon
Unlike some of its peers, Indianapolis-based Simon Property Group continues to attract star tenants such as Nike and Apple, command higher rents, and get attractive financing terms.
NFL team hopes to score with cheap stadium food
Behind the $2 hot dogs, $3 pretzels, and $5 beers is a strategy team executives say will make more money, not less.
Egg prices near 5-year low as farms recover from bird-flu crisis
The cost of making everything from quiches to cakes is less than before avian influenza killed more than 35 million laying hens and the government spent $1 billion to prevent the disease from spreading.
Gloomy outlook continues for retail giant Macy’s
Macy’s Inc., the largest U.S. department-store company, is still suffering from sluggish mall traffic and increased competition from other stores and off-price retailers.
Struggles for Lumber Liquidators drag into new year
Lumber Liquidators Holdings, which has three stores in the Indianapolis area, saw its stock tumble Tuesday after it reported weak sales results brought on by allegations that it sold tainted flooring.
Cigna says deal with Anthem may not happen this year
An analyst said the delay could be a sign of trouble for the acquisition.
Humana leaving some states over Obamacare losses
Humana Inc. is set to exit Obamacare markets in at least two states to stem financial losses, another sign of the struggles that health insurers face in the controversial program.
Trump’s job-saving pledge garners praise, skepticism in Indiana
Donald Trump has made a “100 percent” guarantee that if he’s elected president, Carrier Corp.’s plant in Indianapolis won’t move production to low-wage Mexico. The pledge has received a mixed reaction in manufacturing-heavy Indiana.
Who will win Indiana? Five research sites say Trump, Clinton
Front-runners Donald Trump and Hillary Clinton are strong favorites to post victories in Tuesday’s primary in Indiana, according to five different election-analysis sources.
In Indiana, the deal to stop Trump may be backfiring
The race in the state is shaping up to be a last stand not just for Cruz, but also for the “stop Trump” movement, an unlikely confederation of activists and party donors.
States, cities dishing out fewer tax breaks to companies
The drop comes in the face of a tough new accounting rule that will force governments to release more information about the deals and a presidential campaign that has both sides criticizing “crony capitalism.”
Trump’s 5-state sweep likely makes it Indiana or bust for Cruz
Ted Cruz is pouring his energies into Indiana in the hope that voters here give him a victory and keep his White House hopes alive. He plans two stops in Indianapolis on Wednesday, including a rally at Pan Am Plaza.
Gannett makes $815M bid for Tribune Publishing
The publisher of USA Today and the Indianapolis Star went public with an $815 million offer for Tribune, which owns the Chicago Tribune and Los Angeles Times.
Cruz says Indiana will be ‘pivotal’ in presidential election
Indiana is where Ted Cruz and groups opposing Donald Trump say they plan to make a stand to keep as many of the Hoosier State’s 57 delegates away from Trump and force a contested party convention in July.
Bristol-Myers drug tops Lilly’s Erbitux in cancer study
Bristol-Myers Squibb Co.’s blockbuster cancer drug Opdivo prolonged survival in cases of recurrent head and neck cancer, a first for patients with the harshest form of the disease who often face a bleak prognosis.