Signet bets $490M on bridal resurgence with Diamonds Direct deal
The cash deal will add 22 stores and 500 employees to Signet Jewelers Ltd.’s network. Diamonds Direct has one store in Indianapolis.
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Indiana Supreme Court upholds marriage limit on son’s inheritance
The court said in a 5-0 ruling that nothing in state law prohibits a will from making an inheritance based on certain behavior that must be undertaken, or avoided, by the beneficiary
More Afghans arriving in Indiana to await resettlement
More than 6,600 Afghan refugees who began arriving at the Indiana National Guard’s Camp Atterbury training post nearly six weeks ago are awaiting resettlement.
Fast 25: Leaders of growing firms say employees make their companies thrive
We asked the Fast 25 companies: What makes your company a good place to work? Their answers included some familiar themes as well as a few surprises.
Another 44 COVID-19 deaths reported in Indiana
Statewide hospitalizations due to COVID-19 dipped from 1,746 on Sunday to 1,729 on Monday.
Two-building spec distribution development set for Greenwood
The 708,000-square-foot Indy South Logistics Center will be constructed at 955 N. Graham Road, just east of Interstate 65 and south of County Line Road.
Americans quit their jobs at a record pace in August
The Labor Department said that quits jumped to 4.3 million in August, the highest on records dating back to December 2000, and up from 4 million in July.
Developer puts Mass Ave office building across from Bottleworks under contract
Indianapolis-based Landmark Properties plans to buy the five-story Center Township Trustee’s building, with an eye toward office and first-floor retail uses.
Next on FDA’s agenda: Booster shots of Moderna, J&J vaccines
On Thursday and Friday, the FDA convenes its independent advisers for the first stage in the process of deciding whether extra doses of the two vaccines should be dispensed and, if so, who should get them and when.
Already, 18 weather disasters costing at least $1B have hit U.S. this year
These 18 events put 2021 in second place for the most billion-dollar disasters behind 2020, when there were 22 such events.
Customs dispute jeopardizes U.S. fish stick, filet supply
The dispute at the U.S.-Canada border is threatening America’s supply of Alaska pollock, a key fish used for popular products such as fish sticks. Most fast-food fish sandwiches, including the McDonald’s Filet-O-Fish, are made from pollock.
Southwest cancels hundreds more flights, stranding passengers
Southwest Airlines canceled more than 350 flights Monday following a weekend of major disruptions that it blamed on bad weather and air traffic control issues.
WNBA considering expansion, changes to playoff format
The WNBA finds itself at a crossroads, of sorts, as viewership of the league continues to trend upward. With interest at an all-time high, but only 12 franchises in the league, the constant conversation centers on expansion.
Lilly CEO says letting Medicare negotiate drug prices would bring research cuts
“A cut [in drug prices] like is being proposed would have about a 40% reduction in our U.S. revenues,” Lilly CEO David Ricks said in a television interview this week with Gerry Dick on Inside Indiana Business, a division of IBJ Media.
IndyCar picks Levi Jones to run Indy Lights feeder series
Levi Jones, a veteran sprint car driver and current USAC executive, was named director of the Indy Lights on Monday as the junior racing series readies for its transition to management by IndyCar.
Fast-growing chicken-wing chain plucks downtown location
The publicly traded firm is on a tear, having added 153 wing-and-tender spots in 2020. Its downtown eatery will join several that already ring the city.
Indiana reports first increase in COVID-19 hospitalizations in five days
The Indiana State Department of Healthreported 1,114 new cases of COVID-19, raising the pandemic total in the state to 987,164 cases.
Southwest Airlines flight cancellations continue into Monday
By late morning Monday, Southwest had canceled about 365 flights—10% of its schedule for the day—and more than 600 others were delayed.
Survey: Cyberattacks concerning to most U.S. citizens
The poll shows that about 9 in 10 Americans are at least somewhat concerned about hacking that involves their personal information, financial institutions, government agencies or certain utilities.
IBJ Podcast: Will a joint men’s and women’s Final Four solve the NCAA’s equity problem?
Host Mason King talks with IBJ sports business reporter Mickey Shuey and with Michelle Perry, a former NCAA executive and now a sports consultant, about what a combined Final Four event could mean for the city of Indianapolis, women’s basketball and the sport’s fans.