Sardar Biglari, CEO of Steak n Shake parent Biglari Holdings Inc., said in his annual report to shareholders that the chain’s performance went from “bad to worse” in 2019.
Longtime local candy company The Best Chocolate in Town has been acquired by Indianapolis-based Newfangled Confections, which is known for it popular signature Frittle candy.
Tuong Quoc Ho, 32, conducted “an elaborate scheme to defraud businesses, consumers, suppliers, financial institutions, credit card holders, credit card companies, and identity theft victims for personal monetary gain,” U.S. Attorney Josh Minkler’s office said in a statement.
Closed sales in central Indiana have risen on a year-over-year basis in four of the last five months after falling in seven of the previous eight months.
Renaissance Electronic Services, an Indianapolis-based tech company that announced major growth plans in 2016, has been acquired by Atlanta-based Vyne, the companies announced Thursday.
Former IndyCar driver Sarah Fisher and husband/business partner Andy O’Gara, who opened Speedway Indoor Karting nearly four years ago, plan to open a second karting facility next door to Daytona International Speedway, they announced Wednesday.
The businesses join 16 other tenants confirmed for the Garage Food Hall lineup. The food hall is expected to open in October.
The Indianapolis Zoo on Tuesday announced the six finalists for this year’s $250,000 Indianapolis Prize, which is considered the world’s leading award for animal conservation.
The merging companies, Word Systems Inc. and iRecord LLC, will operate as Word Systems LLC and retain all management and employees, officials said.
The motorsports mogul who bought the Hulman family racing empire earlier this year is promising a beefed-up prize purse, more video boards, renovated restrooms and a turbo-charged qualifying weekend.
Ahold Delhaize USA, which owns the Peapod brand, said Tuesday that it is closing its Midwest division as part of a shift in strategy, in part to focus on its East Coast grocery stores.
Investors on Monday morning leapt aboard the plan from Indianapolis-based Simon Property Group Inc. plan to buy rival shopping center owner Taubman Centers Inc. for $3.6 billion.
The district said the facility will be built behind Noblesville High School on Field Drive, replacing a former transportation building.
The city’s tourism agency brought in nearly 8 million hotel room nights in 2019 in central Indiana—an all-time record. Just more than 2 million hotel room nights were booked downtown last year. Overall, 5.32 million rooms were booked in Marion County and 7.94 million throughout the metropolitan area. Visit Indy shared the figures as part of its annual State […]
The airline, which plans to create 55 jobs and establish three nonstop routes from Indianapolis, plans to immediately begin hiring pilots, flight attendants, customer service agents, mechanics and ground personnel to support the new operations.
U.Group formed last year through the merger of a firm specializing in government IT and another focused on digital marketing.
The donation came from the family foundation of Brian Jellison, an Indiana University native who went on to become one of the country’s highest-paid CEOs.
Longtime commercial real estate executive Gene Zink has donated a 20,298-square-foot building at 3919 Meadows Drive to Goodwill. The Excel Center program has been leasing the 59-year-old former Bible college building near Rural and 38th streets since July 2011.
Circle City Broadcasting, the owner of WISH-TV Channel 8 and WNDY-TV Channel 23, has signed a two-year contract to air Indianapolis Indians home baseball games over the next two years.
Sales of existing single-family homes rose in three of the last four months of 2019 in central Indiana, capping off a sluggish year for transactions amid rising prices and low inventories.
