The $600 million project, announced in 2015, included upgrades to the facilities, machinery and manufacturing processes at Rolls-Royce’s Indianapolis operations. A pandemic-delayed celebration of the project is scheduled to take place Wednesday afternoon.
The Indianapolis-based manufacturer posted a $78.4 million loss in the second quarter.
Chicago-based Cloverleaf Group now owns three retail plazas in the Indianapolis area. Pyramid Place boasts a high density of nearby homes, offices, industrial sites, health-care facilities and highway traffic.
Maria Caceres, a former employee of Seven Corners Inc., stands accused of defrauding the travel insurer by submitting false claims—the third employee to face such charges within two years in separate cases.
The five former directors and employees of the now-defunct Westfield firm were found guilty on fraud and conspiracy charges. Prosecutors say the five submitted false information in order to get more than $10 million in ineligible loans approved by the Small Business Administration.
It first closed in March 2020 at the beginning of the pandemic and didn’t reopen until March of this year, in advance of the NCAA’s men’s basketball tournament, which took place mostly in Indianapolis.
Expected to debut by the end of September, The Beerded Swine is intended to be a sister shop to The Savory Swine in downtown Columbus.
Indianapolis-based Simon Property Group Inc.—the largest owner of shopping malls in the United States—on Monday reported second quarter financial results that exceeded analyst expectations.
The multimillion-dollar project, in partnership with Purdue University and the Purdue Research Foundation, will expand aircraft engine testing facilities in both West Lafayette and Indianapolis.
A bill introduced last month in the U.S. Senate would add rules about how quickly donor-advised funds must distribute money to charity, but critics say the rules are unnecessary and could have the unintended consequence of hurting charitable giving.
The number of donor-advised funds in the United States, the amount contributed to these funds and the amount distributed to charity from them have all seen significant growth, with no signs of a slowdown.
Korave Korean BBQ, which opened at the restaurant accelerator in 2019, plans to exit the nest in September. The brothers who own the restaurant are also eyeing spots for another Indy-area location.
Pattern89, founded by R.J. Talyor and launched under the wing of Indianapolis-based venture studio High Alpha, is one of three acquisitions that publicly traded Shutterstock announced Tuesday for a total of $35 million.
To stay in the Nora neighborhood, DL Lowry Salon is taking over the former home of the Indiana Lions eye and tissue transplant bank, which has moved to Carmel.
The five defendants in the trial include the two co-founders of now-defunct financial services firm Banc-Serv, plus three former employees.
The project focuses on whether wireless charging could be adapted for highway use, allowing electric vehicles to refresh their batteries while they drive along specially equipped stretches of road.
The Marion County Health Department forced the Baskin-Robbins in Broad Ripple to close last week because of a malfunctioning air conditioner. The shop’s owner said he has no plans to reopen.
The 112-store chain sells gear for hunting, fishing, boating, camping and other outdoor activities. The Indy-area store will be the its second Indiana location.
The combination of Indianapolis-based Kite Realty Group Trust and Oak Brook, Illinois-based Retail Properties of America Inc. will create a company worth $7.5 billion that will continue to operate under the Kite name.
Eco Parking Technologies helps parking garages fill every space and provides valuable data.
