Hardware store owner says relocation of store far from certain
Fusek’s True Value Hardware has been located in the Lockerbie Marketplace development since June 2004.
IBJ Staff
Articles
Hoosiers in best position to pay off credit card debt, study says
Analysts from the personal finance web site WalletHub used data from the U.S. Census Bureau, the Federal Reserve and TransUnion to see how each state is faring when it comes to credit card debt.
Steak n Shake closures top 100 in 2019 amid slowing customer traffic
Steak n Shake classified 103 of this year’s closures as “temporary,” and said it plans to reopen the stores under its new franchise partnership program.
Hoosier banks post increases in profit
Old National Bancorp, the largest Indiana-based bank, reported a 43% increase in second-quarter profit.
CNO Financial adds two vice presidents
The company hired Patti Kolodziejczyk as vice president of application delivery and promoted Doug Williams to vice president of finance and administration for the company’s Bankers Life brand.
Bank of America brings in commercial banking exec
Lucia Mar, 47, is filling the the newly created position of Indiana market executive for global commercial banking.
Celadon lines up $165M in new financing, to replace aging fleet
Celadon CEO Paul Svindland said the financing would provide “a solid platform for the next stage of our business turnaround.”
Allison Transmission beats 2Q forecasts with record sales
Allison attributed the increase in sales to higher demand in the North America On-Highway and Outside North America Off-Highway end markets.
Verizon rolls out 5G mobile service in parts of Indianapolis
Verizon, which rolled out 5G home internet service in parts of Indianapolis in October, is now offering 5G mobile service in the market.
Archdiocese, Roncalli face suit from second counselor who was fired over same-sex union
Roncalli High School’s former co-director of guidance filed suit against the school and the Archdiocese of Indianapolis in federal court Monday, alleging she was discriminated against because of her sexual orientation.
Former Colt McAfee teed up as color analyst for ESPN college football
Pat McAfee also will make regular appearances on ESPN’s morning show, “Get Up,” with Mike Greenberg and former Indiana Pacer Jalen Rose.
Chain of coworking centers planning 10 locations in Indianapolis area
A growing Ohio-based chain of coworking centers announced Monday that it plans to venture into Indiana for the first time by opening a location at Hamilton Town Center in Noblesville in spring 2020.
Colts training camp returns to Westfield
This is the second year the camp has been held in Westfield, under a 10-year deal with the city struck in 2017.
Festival co-founder joins Bottleworks team
Because of the reach and complexity of food insecurity, this problem requires everyone—businesses, not-for-profits and individuals—to pitch in to address it.
Phoenix Theatre calls off Brew Ha-Ha fest after slow ticket sales
The downtown event, which is billed as “Indy’s original craft beer festival,” had been scheduled to take place for the 24th year on Aug. 3.
Black Acre Brewing Co. expanding operations in Irvington
The 7-year-old brewery, restaurant and taproom is two to three months away from opening its Zionsville location. In the meantime, it’s also making big improvements to its facilities at its home base in Irvington.
Natural Born Juicers closes both locations
Natural Born Juicers, which operated juice bars on Mass Ave and in Broad Ripple, has closed, the owners announced Tuesday on Facebook and on Instagram.
Zionsville manufacturer plans to hire 39 as part of $7.5M expansion
GCI Slingers said it will add 10,000 square feet to its existing 20,000-square-foot facility at 5005 W. 106th St.
Former IPS union president pleads guilty to $100,000 embezzlement
According to her plea agreement, Rhondalyn Cornett stole more than $100,000 from November 2013 until her resignation in November by writing checks from the union’s bank account and using the union’s debit card for personal expenses and to withdraw cash.
Area homes sales fall for 7th straight month amid rising prices
Median home prices in central Indiana reached an all-time high in June amid tighter inventories and fewer new listings.