City acquires historic Drake apartments building in $1M deal with museum
The Department of Metropolitan Development plans to convert the eight-story, 95-year-old building on North Meridian Street into affordable housing units.
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SweeTies cupcake shops close in Indianapolis, Fishers
SweeTies Gourmet Treats, a cake and cupcakes business, was co-founded in 2009 by two-time Super Bowl champion Rosevelt Colvin and his wife, Tiffany Colvin.
Explainer: What’s at stake as UPS workers near strike date?
UPS handles roughly 28% of the 75 million packages delivered in the U.S. on a typical day, split about equally between businesses and homes.
White House taking on corporate mergers, landlord junk fees and food prices
The Biden administration on Wednesday proposed new guidelines for corporate mergers, took steps to disclose the junk fees charged by landlords and launched a crackdown on price-gouging in the food industry.
Facebook parent Meta makes public its ChatGPT rival Llama
Meta CEO Mark Zuckerberg said the company is partnering with Microsoft to introduce the next generation of its AI large language model and making the technology, known as Llama 2, free for research and commercial use.
Indy Parks to take over management of downtown’s University Park
The agreement gives Indy Parks the authority to “beautify, improve, maintain, and regulate the use of” the one-block park at 325 N. Meridian St., subject to the same rules, regulations and laws that apply to city-owned parks.
Northwestern joins long list of American universities with scandal in athletics
A former Wildcats football player filed the first lawsuit against former coach Pat Fitzgerald and members of the school’s leadership on Tuesday. More lawsuits, filed by multiple law firms, are expected to follow.
Air-taxis seen zooming through U.S. skies by 2028 in FAA proposal
The FAA used lofty language in its implementation plan to describe how the devices will operate, calling it “a new era of aviation once only portrayed in movies or science fiction.”
Canadian chemical firm plans recycling facility, 125 jobs in Indiana
Nova Chemicals Corp., a producer of sustainable polyethylene based in Calgary, Alberta, announced plans Tuesday to establish its first mechanical recycling facility, in Connersville, Indiana.
Sahm’s vacating longtime bar and restaurant space in Fishers
Hoss Bar & Grill, a Sahm’s Restaurant Group business that took over a spot previously occupied by Sahm’s Bar & Grill, has closed.
Trio of developers plans apartments, offices, restaurant in North Mass area
The plan calls for two projects from Stenz Corp., Pure Development and Third Street Ventures adjacent to The Box Factory. Another apartment development is also slated for the area.
Top GOP gubernatorial contenders haul in donations
Three top GOP candidates for Indiana governor far outraised their fellow hopefuls in semi-annual campaign finance reports released Monday, with U.S. Sen. Mike Braun recording the largest haul.
Apartments, dance group headquarters planned for 42nd and College
In cooperation with city development officials, Midtown Indianapolis Inc. is making headway on a project to create low-cost apartments on both sides of 42nd Street, as well as retail space and a new home for Kids Dance Outreach.
Fast-growing tech firm Resultant undergoes leadership change
Mark Caswell, who led the Indianapolis-based technology consulting and analytics firm through four acquisitions in four years, has been replaced by a new chief executive.
U.S. retail sales edge higher as key metric shows resilient demand
Sales increased in seven out of 13 retail categories last month, including advances at non-store retailers, electronics stores and furniture outlets.
Indy Jazz Fest unveils lineup featuring White River State Park finale
Sheila E., Pat Metheny and Boney James are set to perform as part of this year’s Indy Jazz Fest, scheduled Sept. 18-30 at four Indianapolis venues.
NCAA plans 2nd women’s postseason tourney for teams not in main event
The tournament will operate like the men’s National Invitational Tournament as an option for 32 teams that do not make the women’s side of March Madness.
Biden administration announces cybersecurity labeling program for smart devices
Officials likened the new U.S. Cyber Trust Mark initiative to the Energy Star program, which rates appliances’ energy efficiency.
Envelope company closing Indy plant, eliminating 127 jobs
Cenveo Worldwide Limited said the plant at 6302 Churchman Bypass—just outside Interstate 465 on the city’s southeast side—will close on Sept. 8.
Threads follows Twitter in limiting number of posts that users can see
In blaming spammers, Threads named the same reason that Twitter previously cited when it instituted limits.