First Internet Bank beefs up small-business lending division with new hires
Fishers-based First Internet Bank began assembling its Small Business Administration lending division in late 2018.
Susan Orr
Articles
Governor signs controversial wetlands bill into law
The bill, which scales back protections on Indiana wetlands, had gained support from the Indiana Builders Association, but numerous environmental, conservation and civic groups opposed it.
Indianapolis-based Castle Wealth Advisors acquired by Kansas firm
Castle President and CEO Gary Pittsford, who founded his business in 1973, said the deal will allow the firm to continue to grow, and give it access to a much larger pool of experts and services.
Allison Transmission raises sales forecast amid ongoing pandemic recovery
The Indianapolis-based manufacturer said it expects 2021 net sales to range from $2.33 billion to $2.48 billion. That’s an improvement from the guidance the company issued in February.
$28.6B federal relief program for restaurants launches this week
The Restaurant Revitalization Fund will provide up to $10 million per recipient to qualifying restaurants, bars, food trucks, caterers, and other eligible recipients based on their pandemic-related revenue losses.
$16 billion grant program for performance venues set to reopen for applications
The federal grant program, part of a larger pandemic relief effort, officially launched April 8, but its application portal crashed within hours because of technical problems. The portal is set to reopen Saturday.
Policy forbidding cell phones at work not limited to FedEx
From safety concerns to productivity and data security, there are many reasons why companies may limit employee access to cell phones. Some FedEx employees said the company’s no-phone policy delayed contact with loved ones after the mass shooting on April 15.
Rolls-Royce forms research partnership with Purdue, Carnegie Mellon
The partnership, which is expected to tackle several research projects per year, is aimed at strengthening the cybersecurity of Rolls-Royce’s products, which are used in civilian and military aircraft, nuclear power plants and other applications.
FedEx facility near airport reopens following mass shooting
FedEx said it plans to gradually ramp up operations. Employees were given the choice whether to return to work on Wednesday. Meanwhile, the company said it has donated $1 million to a survivor’s fund.
Bargain outlet opening in former Keystone Marsh store
The new Ollie’s store will be the fast-growing Pennsylvania-based chain’s fourth Indianapolis-area location, taking the site of the first Indianapolis-area Marsh grocery store.
Performance venues say federal grants should help them survive
Businesses are looking for the Shuttered Venue Operators Grant program, which had its launch derailed last week because of technical problems with the application portal, to reopen soon.
Regal Cinemas to reopen first of its Indianapolis-area theaters
The Greenwood theater will be the first Regal location in the state to reopen, followed by other locations in weeks to come. Regal closed its theaters last year because of the pandemic.
Family-owned Turkish, Mediterranean eatery identifies Indy as best place to grow
The family behind Usta Turkish and Mediterranean Restaurant, slated to open in Broad Ripple by the end of the month, scouted several options for moving once it was forced to close its location in Bloomington, Illinois.
Exotic dancers raise veil on job-classification issue
Two lawsuits filed against Indianapolis strip clubs are putting a spotlight on an increasingly common question: When is an independent contractor really an employee?
St. Elmo plans fundraiser honoring employee who died after COVID diagnosis
Craig Huse of Huse Culinary, which operates St. Elmo, issued a statement on social media Wednesday night in which he said the restaurant was “mourning the loss of a longtime, valued employee and genuinely great person, who had a huge heart and a glowing smile.”
New taproom set to open in Fall Creek Place
The establishment, A Taproom, will feature a different out-of-town brewery each month, giving craft brew enthusiasts a way to sample new beers without leaving the city.
Soul-food spot Mississippi Belle relaunching after 18-month hiatus
The eatery on East 54th Street needed a complete renovation after smoke damage from an electrical fire. Despite the lengthy closure, its entire kitchen staff is rejoining the restaurant for its April 14 reopening.
St. Elmo violated public health order last summer, report says
A Marion County Public Health Department inspector found in August that St. Elmo Steak House had violated a public health order mandating closure of bar areas. The restaurant passed subsequent inspections in September and March.
Health department cites two downtown bars for COVID-19 violations
The South Meridian Street bars, Tiki Bob’s Cantina and The Patron Saint, were cited for multiple violations including not requiring masks and social distancing. Both establishments corrected the violations, the health department said.
Q&A with Brooke Blevins, a Butler student trying to make sure her classmates have enough food
Blevins, who expects to graduate in May with a degree in human connection and organizational leadership, helped launch Butler’s student food pantry, which began distributing food in early March.