2020 Indiana 100: Cook Group still blazing own trail 9 years after founder’s death
The company, whose largest business is medical devices, generated $2.4 billion in revenue last year and employs 13,531 people worldwide, including 7,699 in Indiana.
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COOPER: Retain customers and expand market share through COVID-19
You have massive opportunity right now to start and grow a business if you assess market trends and respond accordingly.
Black chamber leader calls for more city support
During the coronavirus pandemic—which research shows has disproportionately affected black-owned businesses—the 250-member organization has received no city funding to give loans or grants to its members who were struggling.
COVID-19 uncertainty makes economic predictions more difficult
Economists are struggling to understand how bad the fallout might get and how long it might take to recover.
Retail real estate scions to battle in court–again
David Simon and Bobby Taubman are battling now in court over whether Simon Property Group is obligated to complete the $3.6 billion purchase of Michigan-based Taubman Centers that it announced in February.
Indiana sees COVID-19 cases rise by 308, deaths by 23
The Indiana State Department of Health said Friday that 392,887 people in Indiana have been tested for COVID-19 so far.
City’s last traditional costume shop closes permanently after 50 years in business
Costumes by Margie, which opened in 1970, almost changed ownership last month, but the pandemic ruined those plans
Juneteenth tests corporate America’s pledges to fight racism
From Nike to Target, dozens of companies are for the first time commemorating June 19, the effective end of American slavery, but the differences in how are stark.
Indiana unemployment rate improves to 12.3%
The state’s jobless rate hit a whopping 17.5% in April, according to revised numbers released Friday by the Indiana Department of Workforce Development, before falling in May.
IndyCar plans season’s first races with fans in stands next month
Tickets are being sold for races July 11 and 12 at Road America, a four-mile, 14-turn road course in Wisconsin where fans can spread out. And a limited number of tickets will be available for the races at the short oval at Iowa Speedway on July 17 and 18.
Rose-Hulman grad helping prevent wildfires with new technology
Wes Bolsen, the founding CEO of Denver-based LaderaTech, brought to market what experts are calling a revolutionary spray-on flame retardant that adheres to grass and plant life for remarkably long periods of time.
Simon sues tenant Brooks Brothers, seeks $8.7M in unpaid rent
The suit, filed Wednesday in Marion County Superior Court, says the retailer failed to pay rent for April, May and June while closed during the pandemic.
Cancer chief warns delays in care likely to result in thousands of extra deaths
Estimates by the National Cancer Institute show there will be 10,000 more breast and colorectal cancer deaths over the next decade than would have been expected without the coronavirus. The director said that estimate was perhaps too conservative.
State could miss $330M in tax revenue from depleted hospitality industry
States and municipalities throughout the country are expected to miss out on about $16.8 billion in taxes this year because of the pandemic’s impact on the hospitality industry, a new study says.
Republic Airways, Zylo, KSM, Woven, Kronos among winners at Mira Awards
The 21st annual event had been scheduled to take place April 18 at the JW Marriott Indianapolis, but TechPoint postponed it due to the pandemic and decided to hold it virtually Thursday night.
Sen. Rubio introduces bill to help NCAA make uniform compensation changes
Florida Sen. Marco Rubio’s bill would protect the NCAA from being challenged in court if the association changes its rules to allow athletes to earn money for endorsement deals and personal appearances.
Incumbent AG Hill defends himself during virtual GOP convention
During Thursday night’s state GOP convention, which was shifted to a virtual format due to the pandemic, Attorney General Curtis Hill compared himself to President Donald Trump, saying Trump also has faced false accusations and smears.
Wall Street eyes alternative data to track economy reopening
Because conventional economic reports on hiring, consumer confidence and spending can lag a month or more, investment strategists are looking at other indicators.
Rival Taubman says Simon has buyer’s remorse on mall merger
Taubman Centers said in a filing alleging illegal termination that rival mall landlord Simon Property Group knowingly assumed the risks of the pandemic at the time their $3.6 billion merger deal was announced.
GIPC forms working group to provide legal services, make policing recommendations
The Greater Indianapolis Progress Committee on Thursday announced the creation of a working group to look at ways to tackle racism and bias in Indianapolis.