Area home-construction filings rise for 9th straight month
Single-family construction permit filings have risen locally on a year-over-year basis in 12 of the last 13 months.
IBJ Staff
Articles
HHGregg adds IndyCar team owner to board
Michael Andretti, owner of Andretti Autosport, has become a director following a sponsorship deal between the struggling retailer and the racing team.
Indiana unemployment rate dips as more find work
The state’s seasonally-adjusted unemployment rate fell to 4.5 percent in August as the number of employed people rose to an all-time high, the Indiana Department of Workforce Development said Tuesday.
Confluence Pharmaceuticals lands $1.3M in venture capital
Indianapolis-based Elevate Ventures said it made the investment through the 21st Century Research & Technology Fund, which is reserved for Indiana companies.
Downtown Georgia Reese’s to be replaced with new steakhouse
Restaurateur Gary Brackett plans to replace his Georgia Reese's Southern Table & Bar in downtown Indianapolis with a steakhouse called CharBlue by the end of the year, he announced Monday.
EDITORIAL: ITT missteps sowed fate
The Obama administration wasn’t picking on for-profit education companies to be obstinate—it had real concerns that the sector’s expensive diplomas too often left students awash in debt while failing to properly prepare them for gainful employment.
Bike-share program adds two stations with room for 26 bikes
The Indiana Pacers Bikeshare system is adding two new stations next month—and it’s hoping for a much larger expansion down the road.
Fast-casual dining chain Newk’s planning 15 eateries in Indiana
Newk's Eatery announced Thursday that it has reached a development agreement with local investors to open 15 locations in the Indianapolis area and southern Indiana over the next several years.
Billionaire hotelier Dean White dies at 93
His company, Merrillville-based Whiteco Industries, developed hotels across the United States, including the downtown Indianapolis hotel complex that includes the JW Marriott.
ITT Educational calling it quits after lender seizes bank accounts
The Carmel-based for-profit educator, which last week shut down all 136 of its ITT Technical Institute campuses in 38 states, said it will “cease all operations” on Friday.
Fast-growing Indianapolis software firm plans $2.1M expansion
The provider of cloud-based workforce-management software said it plans to increase its Indiana employment from 1,100 to 1,200 by 2019.
E-commerce firm investing $4.75M to open 75-worker Plainfield fulfillment center
VMInnovations will distribute everything from electronics to baby products from a 160,000-square-foot building it is renovating at 2812 Airwest Blvd.
Rain-soaked BMW Championship sees slight decline in attendance
Attendance was down about 13 percent from when Crooked Stick last hosted the tournament in 2012, but this year’s event was plagued by rainy, stormy weather that delayed rounds during the first three days of play.
PROXY CORNER: KAR Auction Services Inc.
Carmel-based KAR Auction Services Inc. operates auto auctions and provides related services.
EDITORIAL: Liquor laws fail us again
The battle between a Monarch Beverage Co. affiliate and liquor wholesalers in the state is the latest reminder that the Legislature should bring into the modern era state statutes that govern the sale of alcoholic beverages.
Utility rates could rise for Westfield firms, residents
The Indiana Office of Utility Consumer Counselor is accepting written requests and comments on the gas rate increase until Sept. 21 and wastewater rate increase comments until Nov. 10.
Kohl’s buys massive Plainfield warehouse, plans 900 jobs
The retailer announced that it has acquired a 937,000-square-foot distribution center in Plainfield where it hopes to hire 900 employees by early 2020.
ITT Educational employees file lawsuit over sudden terminations
Two employees who were terminated Tuesday as part of mass layoff by ITT Educational Services have filed a lawsuit claiming the Carmel-based firm violated federal law by failing to provide 60-days notice. The suit seeks class-action status for as many as 8,000 employees.