Restaurateur pulling plug on Hard Rock Cafe downtown
When the location opened in 1999, Hard Rock was still considered a fashionable brand and a good get for a downtown in the midst of a renaissance powered in part by Circle Centre mall.
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Promising Lilly cancer drug fails in disappointing trial, shares fall 3 percent
Analysts had predicted that Lartruvo could eventually ring up as much as $600 million in annual sales. Eli Lilly and Co. now says it will suspend promotion of the drug.
ClearObject CEO: ‘If cash is oxygen, we just strapped on a big oxygen tank’
The fast-growing firm in the ‘internet of things’ segment has taken on new majority owners for access to more capital and to keep up in the fast-moving industry.
Indiana unemployment holds steady at 3.6 percent
Private sector employment in Indiana grew by 12,200 in December with significant gains in education and health services, construction and hospitality.
Tesla to cut more than 3,000 jobs on tight road to making affordable car
The maker of luxury electric vehicles plans to ax 7 percent of its workforce as it tries to lower prices and break out of the niche-car market.
Political upstarts like Indiana’s Buttigieg getting serious look in age of Trump
South Bend Mayor Pete Buttigieg is barely old enough to run for president, but he and other young potential candidates are finding encouragement at a time when conventional election wisdom has been upended.
Study of IPS shows new innovation schools might be bright spot
In the first major look at the results for innovation schools in IPS—a new kind of district-charter partnership—there are some positive signs but still some unanswered questions.
Broadcaster Taylor promoted to permanent ‘Voice of the Colts’
Taylor, who has been with the Indianapolis Colts in various roles since 2012, moved into the play-by-play spot on radio broadcasts last season after the abrupt retirement of Bob Lamey.
Private equity firms acquire Fishers tech company in ‘internet of things’
Egis Capital Partners and ABS Capital Partners have taken a majority interest in ClearObject, which has ranked among central Indiana’s fast-growing firms for several years.
Indiana fiscal policy think tank finds new leader
The institute, which studies how Indiana collects and spends taxpayer money, has been without a president since late 2017.
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.
Another senior living facility planned for Whitestown
The Whitestown Plan Commission has approved plans for a seven-building senior living center northeast of Main Street and Central Boulevard. The vacant land once was earmarked for a similar facility by another developer.
Gambling bill would allow Terre Haute casino, accelerates timeline for live games at racinos
The bill, filed by Republican Sens. Mark Messmer and Jon Ford, covers a wide range of gambling issues expected to be debated this year.
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.
Lilly wins national award for advancing women in the workplace
The Catalyst Award recognizes companies that excel in addressing recruitment, development and advancement of women. Today, nearly half of Lilly's senior leadership is female, up from 20 percent four years ago.