As other retailers stumble, dollar stores are on growth tear
Consider the humble dollar store: modest in size, basic in appearance and laser-focused on selling cheap stuff. But don’t discount them: These stores are big business.
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Hopes rise that lifting tariffs could allow U.S.-China accord
The prospects for a preliminary breakthrough in the U.S.-China trade war improved Thursday after the two sides agreed to reduce some punitive tariffs on each other’s goods, though the full extent of the rollback wasn’t clear.
Wave of peculiar texts hit Americans, and no one can say why
If you woke up Thursday to a weird text that seemed totally out of place, you aren’t alone.
New film to digitally resurrect late James Dean in ‘co-starring’ role
Rights to Dean’s likeness for the controversial film were acquired through Indianapolis-based marketing firm CMG Worldwide, which represents Dean’s family along with the intellectual property rights associated with many other deceased personalities.
Juul halts sales of mint, its top-selling e-cigarette flavor, but not menthol
Underage vaping has reached what health officials call epidemic levels. In the latest government survey, 1 in 4 high school students reported using e-cigarettes in the previous month, despite federal law banning sales to those under 18.
Duke Energy’s rates should be cut, not raised, Indiana agency says
It’s an unusual rebuke from the Utility Consumer Counselor Bill Fine, who often recommends that state regulators cut a utility’s proposed rate increase, but rarely says the entire hike should be denied.
State drug czar McClelland announces retirement
Douglas Huntsinger, deputy director for drug prevention, treatment and enforcement, will take over. The state said Huntsinger has been overseeing operational aspects of the state’s response to the drug crisis since 2017.
Economic growth to slow in state, Indy area in 2020, IU forecast says
The Indianapolis metro area’s growth is expected to be slightly better than statewide averages, but both local and state growth will be lower than the 2% expected nationally, the forecast says.
Beijing, U.S. to lift tariff hikes as talks advance, China says
The two sides have agreed to reduce some punitive tariffs on each other’s goods as talks on ending their trade war progress, a Chinese spokesman said Thursday, removing a possible stumbling block to a settlement.
Wisconsin-based sub sandwich chain targets Indianapolis market
Cousins Subs, which recently opened its first Indiana location in Crown Point, is hoping to open eight to 10 stores in the central Indiana market. Also this week: News on Ellison Brewing and Massage Heights.
Dozens of Indiana districts cancel classes for teachers to rally for higher pay
So many teachers asked to take Nov. 19 off to rally at the Indiana Statehouse for higher pay that nearly 30 districts across the state have canceled school or scheduled e-learning days.
Michigan bills would let college athletes earn money
Michigan is the latest state to consider letting college athletes be paid following the introduction of bipartisan legislation Wednesday that would allow them to cash in on the use of their name, image and likeness.
Hotel plan for King Cole Building gets go-ahead from IHPC
The IHPC voted unanimously to green-light construction plans for converting the King Cole building into a hotel, along with a new penthouse on the roof of the 11-story building suited for a restaurant or bar.
High-end Nora furniture store to close at year’s end
Form + Function owner Helmut Fortense is shutting down his store at the end of the year following 23 years in business so he can retire.
Hogsett to aim for bipartisanship even after Democrats’ big wins
Elected to a second term on Tuesday, Democratic Mayor Joe Hogsett said he’ll continue to look for common ground between parties on the City-County Council, although Democrats will outnumber Republicans about 4-to-1.
Former UAW executive charged in widening corruption probe
A retired vice president of the United Auto Workers union on Wednesday became the 13th person to be charged in a growing federal investigation of corruption at the union and auto companies.
Local mechanical contractor to build $6.5M headquarters
Indianapolis-based mechanical contractor R.T. Moore Co. Inc. expects to create 40 jobs as part of the project, with average wages of about $32 per hour.
Longtime Democratic Rep. Pete Visclosky retiring from Congress
The 70-year-old Visclosky issued a statement Wednesday thanking his district’s residents for “the incredible life privilege” of serving in Congress since first winning election in 1984.
Former HHGregg, Marsh exec takes reins at struggling retailer Pier 1
Retail industry observers are speculating that the appointment of Robert Riesbeck is likely to mean a bankruptcy for Pier 1 in the near future, based on his track record.
Luxury pet resort expanding into Hamilton County
Barkefellers got its start in 2009 when owners Rick and Christi Coffey decided to open an upscale pet hotel on the south side of Indianapolis.