Q&A: Bosma’s first blind CEO embodies group’s vision
Severely wounded while serving in the Middle East, Jeff Mittman underwent dozens of surgeries and years of rehab while trying to figure out how he could again provide for his family.
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Auction giant KAR sees industry’s transformation as opportunity
CEO Jim Hallett predicts that 2019 will be the peak year for brick-and-mortar auto auction volumes, but company officials aren’t sitting around wringing their hands and wishing for the past.
Experts say CIB is thin on liability coverage for event venues
The board carries $56 million in liability insurance for its facilities, including a $1 million general liability policy and a $55 million umbrella policy.
Ambrose is mum, but experts say it likely ran into financing problems for $1.4B Waterside
Real estate developers and experts suspect the firm couldn’t get access to enough capital to move forward with the massive, 103-acre development. Opinions are mixed on whether the site should remain intact or be split into multiple projects.
Big Woods to open in Noblesville
The new 7,700 square-foot restaurant will open this winter. The restaurant will open at 14741 Hazel Dell Crossing in a space that formerly housed a Giuseppe’s Italian Market. Renovations of the space are already underway.
Bottleworks signs two more retail tenants
Good Neighbor, an upscale apparel store, and Pumkinfish, a gift shop that focuses on products made by Indiana artisans, will be a part of the first phase of the $300 million project.
U.S. durable goods orders edge up 0.2% in August
Orders for durable goods edged up 0.2% in August after a much bigger 2% gain in July, the Commerce Department reported Friday. The volatile commercial aircraft sector dropped sharply.
Ambrose is scrapping $1.4B Waterside plan at former GM stamping plant
The development company told IBJ in a statement that it plans to reposition its business to focus on e-commerce and industrial development and away from mixed-use and office projects, including Waterside.
Tech firm’s device helps fetch Fido
As a former police officer, Jordan Hetlund knows the value of keeping track of police dogs that can represent a five-figure investment for cities and towns. As a dog-lover, the native Hoosier knows how precious pet dogs and cats are to their owners. So in 2017, he founded Indianapolis-based Furtrieve LLC and spent a year developing a device that helps track the whereabouts of domestic animals.
NBC says IndyCar viewership climbed 9% in first year of media deal
The eight broadcasts on NBC had an average of 929,000 total viewers—up 3% over the four non-Indy 500 races on ABC last year. NBCSN broadcast the other eight races on the schedule.
DoorDash data breach affects 4.9 million users
Food-delivery service DoorDash said Thursday that the personal data of 4.9 million customers, workers and merchants was compromised earlier this year through an unnamed third-party service provider.
GM reverses course, says strikers will keep health coverage
General Motors now says striking workers will get company-paid health insurance, nine days after telling the union that coverage would be cut off.
USA Diving hires new CEO after year-long search
Terry Bassett’s resume includes stints with the Miami Dolphins, NASCAR/International Speedway Corp., and the Professional Bull Riders.
Red Line will remain free through Nov. 10 as IndyGo works out service, payment kinks
The new payment system IndyGo has paid Paris-based tech firm Flowbird Group to design and implement will not be ready by Oct. 1, the day riders were to start paying for Red Line service.
Scecina launches first capital campaign, seeking $6M
Projects include a new weight room, new chapel, a transformation of the school’s main entrance, and new athletic and student activity fields.
VP Pence says Indiana has ‘a lot to gain’ from new North American trade deal
Vice President Mike Pence stumped for President Trump’s proposed deal with Mexico and Canada during a rally Thursday at McAllister Machinery on the city’s southeast side.
Wabash College plans $13 million football stadium
The stadium will have seating for 3,550 fans across the main grandstand, suites and the W Club Lounge.
Convention center planning much-needed Wi-Fi upgrade in 2020
The past-its-prime Wi-Fi system at the Indiana Convention Center could get a big boost in 2020, as its owner looks to make $5.7 million in enhancements to the venue.
Vaping has grown into full-blown health crisis in Indiana, panel says
Indiana health officials are investigating 30 cases of severe lung injury linked to vaping. Eight of those have been confirmed—most of them among individuals between the ages of 16 and 29. Earlier this month, the state confirmed the first death linked to vaping.
Mobile sports betting will launch Oct. 3
The Indiana Gaming Commission has approved the mobile launch for the first operator, French Lick Casino, which is working with Chicago-based Rush Street Interactive to offer retail and online sports wagering.