New Le Peep operator zeroes in on sixth area eatery
Le Peep Restaurants of Indiana was acquired in January by a local investment group intent on making some improvements to the Indianapolis-area restaurants.
IBJ Staff
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Northwest-side office building changes hands in $16.35M deal
Onward Investors LLC announced Monday that it sold the building to Arkansas-based Tempus Realty Partners three years after acquiring it.
Tow Yard equipment, recipes set to hit auction block
Indianapolis-based Key Auctioneers said it will consider offers for the microbrewery’s assets before the April 9 auction.
Speak Easy leader McDowell stepping down
Danielle McDowell, who oversaw a period of rapid growth at the Speak Easy, is leaving her role as executive director of the not-for-profit co-working organization after 2-1/2 years at the helm.
UPDATE: Is ABC broadcasting its last IndyCar season?
A staffer at an ABC affiliate in Georgia tweeted that 2018 would be the network’s last year to broadcast IndyCar races, including the Indy 500. That would put NBC in the driver’s seat, according to earlier remarks by IndyCar boss Mark Miles.
EDITORIAL: Regional cooperation is bigger than an Indy commuter tax
Mayor Joe Hogsett and his team can be credible leaders on the issue if they develop a plan showing how Indianapolis infrastructure will be maintained in the long term.
Flaherty & Collins breaks ground on $41M Kansas City project
The Yards will consist of 232 market-rate apartments, ranging from studios to two-bedroom units, and 3,150 square feet of retail space.
Shopping mall jewelry giant planning to weed out hundreds of stores
Signet Jewelers Ltd., which operates at least 18 stores in the Indianapolis area and thousands nationwide, is betting that a shift online can help pull the company out of a sales slump.
UPDATE: Manufacturer SMC planning $68M expansion in Noblesville
The largest private employer in Noblesville is planning a mammoth new facility and dozens of new jobs at its North American headquarters campus.
Fieldhouse to lose Bankers Life moniker after insurer declines to renew naming deal
The 18,165-seat sports and entertainment venue known as Bankers Life Fieldhouse isn’t going anywhere, but the moniker will disappear next year.
Indiana’s unemployment rate ticks down to 3.3 percent
Private sector employment grew by 3,000 over the month and is up 24,400 over the past year, the state said.
Local attorney sentenced to six years in prison for immigration fraud
U.S. District Judge Jane E. Magnus-Stinson of the Southern District of Indiana also ordered the defendant to pay up to $750,000 in restitution to his victims.
EDITORIAL: Foreign trade trips are must-dos in today’s world
In all, international trade supported more than 812,000 jobs in 2014, a number that’s almost certainly grown. That’s more than one of every five jobs in the state. Those kinds of numbers don’t happen by chance.
New Carmel-based venture fund to invest $50M in security products, technology
The fund, launched by the security-products company Allegion Plc, plans to pursue investments globally. But a spokeswoman said, “Indianapolis' thriving tech industry makes this the perfect time and place to launch the tech-focused fund.”
Centaur Gaming celebrates tax cut by giving employees $500 bonuses
Centaur, which owns and operates Hoosier Park Racing & Casino in Anderson and Indiana Grand Racing & Casino in Shelbyville, said its 2,000 or so employees would receive the checks next week.
Pacers name new PR chief to replace retiring Bill Benner
A Fishers native and Butler University graduate has been hired to succeed senior vice president Bill Benner, a longtime fixture in the local sports community.
$1B First Financial-MainSource deal gives boost to army of advisers
Completing the transaction will be highly profitable for the investment banking firms representing the institutions.
Former stockbroker Buck to be sentenced in April
Thomas. J. Buck, a former top investment broker who was fired by the local office of Merrill Lynch in 2015 after nearly 34 years with the firm, is scheduled to be sentenced next month after pleading guilty in January to one count of securities fraud.
U.S. problem-bank list continues to shrink
The number of financial institutions on the Federal Deposit Insurance Corp.’s problem-bank list has fallen below 100 for the first time in a decade.