First Internet sees record annual profits
The Fishers-based parent of First Internet Bank said it saw 30 percent loan growth last year, with increases in both commercial and consumer lending.
Susan Orr
Articles
Q&A with Steve Sanner, Jiffy Lube franchisee and advocate for murals
After a conversation with a local arts group, Sanner realized the walls of his stores were a perfect “canvas”—so why not add murals to as many stores as possible?
Greenwood exploits creek for ‘riverfront’ district
As part of its effort to add redevelop its downtown, Greenwood is putting an unusual asset to use: a meandering minor waterway that in spots is not much wider than a drainage ditch.
Duckpin bowling coming to Franklin
New owner of 90-year-old building aims to add to town’s entertainment mix. Also this week: Dos Hombres Taco House, Scarlet Lane Brewing, Belle Tire, Huntington Learning Center and more.
Title insurance company ordered to issue refunds to Hoosier customers
The Indiana Department of Insurance said Wednesday that Nebraska-based First American Title Insurance Co. must pay $3.7 million for overcharging customers between 2006 and 2008.
State legislator hopes to get traction for bills on I-65/I-70, light rail
One of the bills would restrict changes that could be made to the Interstate 65/Interstate 70 inner loop around downtown. Another would remove the ban on light-rail projects in Indianapolis.
Airport lands international aviation conference, chance to make vital connections
The Routes America 2020 conference coming to Indianapolis on Feb. 3-5 of next year could have a huge impact on air travel to and from the city, even though the event itself is only expected to draw about 800 attendees.
Bates-Hendricks working to attract, shape commercial development
Now that Bates-Hendricks has emerged as one of the city’s housing hot spots, its neighborhood association is focusing on the commercial boom residents believe will follow.
Drowning in debt, FullBeauty Brands to file Chapter 11
The online retailer of plus-size women’s apparel with a deep history in Indianapolis and nearly half its workers here is attempting to extricate itself from a debt load of $1.3 billion.
Airport wants to add FAO Schwarz, MAC cosmetics, others to retail lineup
Airport officials have reached lease agreements covering 19 retailers, the first wave of deals negotiated as part of the airport’s concessions refresh program. The airport authority’s board is set to vote on the contracts Friday.
Former Elbow Room site downtown to house two restaurants
A longtime local chef and his wife plan to open a fast-casual spot for breakfast and lunch, as well as a dinner restaurant. The iconic flatiron building also will include space for private events.
Prosecutors want 6-1/2 year sentence for former Merrill Lynch adviser Thomas Buck
Merrill Lynch terminated Buck in 2015, citing “loss of confidence” in him after 34 years at the firm.
Local accounting firm sanctioned by feds, pays $102K penalty
The U.S. Securities and Exchange Commission has accepted settlement offers from Katz, Sapper & Miller—the area's largest locally based accounting firm—and one of its partners for what the SEC described as "improper professional conduct."
Cummins CFO to retire after 32 years with company
Retiring CFO Pat Ward will be succeeded by an internal candidate, longtime Cummins employee Mark Smith.
Vacant Shelby Street property getting makeover
A St. Vincent de Paul store and coffee shop will occupy the space. Also this week: Bovaconti Coffee, My Sugar Pie, Simply Divine Cupcakes and Starbucks.
Investment experts: Don’t panic; look for opportunities
It’s not clear whether the bull or the bear will prevail in 2019, so financial planners are counseling clients to expect volatility and take advantage of it, if that meets their long-term strategies.
Indy-based accounting firm Umbaugh to be acquired in three-way deal
Chicago-based firm Baker Tilly plans to acquire Indianapolis-based Umbaugh and a Minnesota-based firm in a three-way deal that will build one of the nation’s largest municipal finance advisory firms.
Specialty food market in downtown’s Chatham Arch to close
Chef Regina Mehallick opened the College Avenue market in 2014 but said it did not turn a profit.
Downtown taco restaurant closes after 13 months
The 7,500-square-foot restaurant and bar, which opened at the northeast corner of South Meridian and Georgia streets in November 2017, was the first location outside of Chicago for Broken English Taco Pub.
Boss Battle Games moving to Castleton
The retro game center is vacating its space in Washington Square mall. Also this week: Performance Bicycle, Pia Urban Cafe and 10 Johnson Avenue.