Are cryptocurrencies on the verge of going mainstream?
The Office of the Comptroller of the Currency, which regulates federally chartered U.S. banks, has recently given banks the go-ahead to engage in certain types of cryptocurrency transactions.
Susan Orr
Articles
Restaurant focuses on keeping connections and staying in business
Restaurateur Ed Battista says Bluebeard and Amelia’s have gone through radical changes to keep the businesses afloat and maintain the human relationships at their core.
Greenwood approves agreement for $83M redevelopment project
The redevelopment of the former Greenwood Middle School site would bring hundreds of residential units, plus restaurants, retailers and a public parking garage to the city’s downtown.
Calumet Specialty Products posts annual loss for 7th straight year
The Indianapolis-based company, which makes specialty petroleum products, last posted an annual profit in 2013. Calumet’s cumulative annual losses since then total $931.7 million.
Brew Link brewpub set to open in downtown Indianapolis
Brew Link, which is owned by three Hendricks County couples, opened its first location in Plainfield in 2016. The Indianapolis location is slated for a mid-March opening.
Chase to install solar panels on at least 17 area branches
The installations are happening at Chase branches across the United States, and each installation will provide 30% of that branch’s annual power needs, Chase spokeswoman Carlene Lule said.
Longtime local homebuilder Paul Estridge Jr. retiring
Estridge, 63, said a recent lung transplant, along with other factors, convinced him now was the right time to step away from his company after nearly 40 years in the business.
March Madness will help restaurants. But how much?
The city will host an unprecedented number of games with the entire tournament being played in Indiana. But the pandemic will limit capacity at both games and restaurants.
Pilot project bringing autonomous shuttles to streets of Indianapolis, Fishers
A six-month public shuttle service will launch in Indianapolis in May and in Fishers in November. The project is backed by the Toyota Mobility Foundation and numerous other public and private partners.
Cultural Trail secures $1M donation for expansion project
The donation, from the Eli Lilly and Co. Foundation, brings the project’s fundraising total to $27 million. The total project cost is estimated at $30 million.
Tex-Mex restaurant from owners of Tried and True Alehouse opening in Greenwood
Humble Taco and Margarita Bar is set to open Monday in a 4,300-square-foot spot that formerly housed a Stacked Pickle restaurant.
Entrepreneurship activity in Indiana is sluggish, Brookings report finds
As a result, the report argues, the state is not as well-positioned as it might be to rebound from economic downturns.
New tenants move into historic Monument Circle space
Luxori Salon, a startup, and B. Bliss Spa, which moved to Monument Circle from the Stutz Business and Arts Center, have taken the space formerly occupied by Studio 2000, a longtime salon and spa that closed last summer.
Retailer Shoe Show to depart Circle Centre
The North Carolina-based retail chain opened its Circle Centre location in late 2019. The company’s other area stores will remain open.
Allison Transmission expects revenue, profit to rebound this year
Allison Transmission’s fourth-quarter financial performance exceeded analysts’ revenue expectations but fell short of profitability forecasts.
Indiana should see some economic recovery this year, economist says
Indiana’s economy should start to recover this year from the damage of COVID-19, but the economy likely won’t fully rebound until late 2022 or early 2023, a Ball State University economist says.
Carmel-based Protective Insurance to be acquired by Progressive
Insurance giant Progressive is purchasing Protective in a stock deal worth $338 million. Protective, known as Baldwin & Lyons Insurance until 2018, is the Indianapolis-area’s 12th largest public company in terms of annual revenue.
New Speedway coffeeshop to pay tribute to racing oval’s history
Founders Grounds Coffee Co. will sell the Rex Coffee brand that was founded more than 100 years ago by the Hulman family’s patriarch, Herman Hulman.
Splenda maker sues Speedway chain over knockoff sweetener
Carmel-based Heartland Consumer Products says Speedway offers knockoff sweetener in packets that are too similar to Splenda’s packaging, which could confuse customers.
Allegion hires new Carmel-based exec to lead Americas business
Luis Orbegoso, 50, joins Allegion from American Residential Services. He’ll be based in Allegion’s Carmel office and oversee the security-products company’s operations in the Americas.