EDITORIAL: Approve mayor’s balanced budget
Mayor Joe Hogsett has proposed a city budget for 2018 that includes a tiny, projected surplus. It’s another step on a road to the fiscal stability Indianapolis needs to continue growing and thriving.
IBJ Staff
Articles
IU exceeds 2017 gift goals
The donations mark the fourth consecutive year giving has exceeded the goals IU set in its bicentennial funding campaign. It’s also the third consecutive year philanthropic support has exceeded $400 million.
Portillo’s announces opening date for first Indy-area restaurant
The Chicago-based eatery known for its Italian beef sandwiches and hot dogs is set to open at 9201 E 116th St. in Fishers, near Ikea.
UPDATE: Art museum names campus, with big changes on drawing board
The Indianapolis Museum of Art on Tuesday unveiled a unifying name for its 152-acre campus. The branding points up IMA’s increased emphasis on leveraging its grounds and developing outdoor experiences.
United launches another flight from Indy to San Francisco
Mario Rodriguez, executive director of the Indianapolis Airport Authority, called the new daily flight “a big win, particularly for our business travelers.”
Social media analytics firm Fizziology acquired by California company
Fizziology LLC, a fast-growing social media research firm that is planning major growth at its headquarters in Indianapolis, was acquired Monday by a Los Angeles-based company.
Indy-area Applebee’s owner says local locations aren’t closing
Apple American Group, which owns about 20 Applebee’s franchises in the Indianapolis area, said its restaurants won’t be among those being shut down by DineEquity Inc.
Parent of Applebee’s, IHOP to close up to 160 restaurants
DineEquity Inc., the parent company of Applebee’s Neighborhood Bar & Grill and IHOP, is planning to eliminate as many as 160 of the restaurants, the company said Thursday.
EDITORIAL: Program for blind deserves saving
The Veterans Administration’s policy change to discourage the use of not-for-profit agencies serving people who are visually impaired is misguided.
Baldwin & Lyons posts first quarterly loss since 2011
The Carmel-based insurer said it experienced some “infrequent, but severe” loss events during the quarter.
Brooks confirms plan to open local distribution center with 130 workers
Browning/Duke Realty is expected to spend $15 million to build the 400,000-square-foot facility and Brooks Running Co. plans to spend nearly $11 million to equip it.
Old National making entry into Minnesota with $303M acquisition
Old National Bancorp. announced plans Tuesday to acquire St. Paul, Minnesota-based Anchor Bancorp Inc.
NAPA Balkamp moving 190 employees from Indy to Plainfield
The town of Plainfield announced Friday morning that auto parts distributor NAPA Balkamp will move its corporate headquarters from Indianapolis to the former Galyan’s Trading Co. building.
Calumet Specialty posts first quarterly profit in two years
The Indianapolis-based refinery company earned an unexpected profit in its latest quarter, breaking a string of seven straight money-losing periods.
PROXY CORNER: Determine Inc.
Carmel-based Determine Inc. develops and sells procurement software.
Elevate provides $1.5M to southwestern Indiana
A pool totaling $2.5 million will fund investments in local businesses, portfolio services, events for entrepreneurs and investors, marketing support, business coaching, access to professional resources, and more.
Study: Indiana ranks 17th in data innovation
The rankings are based on three areas considered key to enabling data-driven innovation: “the availability of high-value data sets, the creation of important technologies, and the development of human and business capital.”
Tech jobs announcements in 2017 already top total for all of last year
Technology firms accounted for nearly one-third of job commitments announced by the state so far this year, the highest share among all industries.
EDITORIAL: City gets creative with Carrier cash
The city of Indianapolis' unusual offer to spend up to $2,000 per displaced Carrier employee deserves careful evaluation to determine its effectiveness.