Merchants Bancorp shuffles executive team, names new bank CEO
Carmel-based Merchants Bancorp announced several promotions Thursday that change top leadership at two of its subsidiaries, including Merchants Bank.
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Colts pick Fanatics for 10-year merchandising deal
The Indianapolis Colts have inked a 10-year deal with Florida-based sports merchandiser Fanatics Inc. to operate the team’s in-stadium, online, mobile and roving retail shops, the team and company announced Thursday.
Buttigieg’s unlikely Iowa rise now carries high expectations
Pete Buttigieg likely cannot finish lower than second in the Iowa caucuses if he wants to advance in the Democratic presidential nominating campaign.
Lawmakers push health care cost-saving, price-transparency bills forward
The measures are largely focused on ending surprise billing for patients, creating an all-payer claims database and requiring health care providers to give patients costs estimates in advance.
House panel approves bill that would prohibit utilities from shutting down coal-fired plants
The bill’s sponsor said coal mines around the nation are closing at an alarming rate, putting the reliability and stability of the electricity sector in question. Opponents say the measure would put handcuffs on Indiana utiltities, which preparing to shift to cleaner fuel sources.
Clothing retailer Express, seeking revival, to close 100 stores
Express, a national retailer with four Indianapolis-area mall stores, plans to close about 100 stores as part of a restructuring plan.
OurHealth merges with Vermont company in national expansion move
OurHealth, a fast-growing, 11-year-old Indianapolis-based company that provides medical clinics for employers in Indiana and five other states, is merging with a Vermont company, creating a combined operation with 200 clinics in 40 states.
Indiana House committee advances hands-free driving bill
The committee listened to about two hours of testimony, with many of the speakers telling personal stories. No one spoke against the hands-free driving measure, which is a legislative priority for Gov. Eric Holcomb.
Kite Realty pursuing more uses at Carmel’s struggling Hamilton Crossing retail center
The Carmel Plan Commission gave a favorable recommendation Tuesday for the City Council to rezone 14 acres at the southeast corner of Meridian Street and Carmel Drive to a less restrictive designation.
House passes bill to prevent companies from forcing employees to be microchipped
House Bill 1143 would prohibit businesses from using the implantation of some type of tracking or identification device as a condition of employment for current or prospective workers.
Indiana House backs tougher rules for tobacco retailers
Stores across Indiana would face tougher penalties for selling tobacco products to anyone younger than 21 under a bill endorsed Tuesday by the Indiana House.
Evansville coach fired amid misconduct allegations; Lickliter hired
Todd Lickliter, a former National Basketball Coach of the Year at Butler University, is replacing Walter McCarty, who was fired by the University of Evansville amid allegations of sexual misconduct.
Kroger looks within for new president of local division
The Kroger Co. on Tuesday announced it has promoted Colleen Juergensen to take over as president of the chain’s Central division, replacing the retiring Pam Matthews.
Greeting card chain with local store going out of business
Retail chain Papyrus is closing all 254 stores in the United States and Canada, the parent company’s chief executive said Tuesday.
Boeing doesn’t expect Max jet to be cleared until summer
That timetable—the latest of several delays in the plane’s approval process—will create more headaches for airlines by pushing the Max’s return further into the peak summer travel season or possibly beyond it.
Indy Championships Fund raises more than $20M for major sport events
The money is expected to go a long way in funding three events on the city’s calendar: the NBA All-Star Weekend and the NCAA Men’s Basketball Final Four in 2021 and the College Football Playoff National Championship in 2022.
Lilly to build $470M manufacturing plant in North Carolina
Eli Lilly and Co. said it considered sites in Indianapolis and Pennsylvania but chose North Carolina for quality of life, cost of operations and geographical diversity.
Celadon selling Andy Warhol prints as part of bankruptcy
The Warhol screen prints, four brightly colored pieces depicting tractor trailer trucks, hung in the trucking company’s corporate offices.
Hoosier Energy to close Sullivan County power plant in 2023
An energy cooperative announced Tuesday it will close a southwestern Indiana power plant in 2023, affecting 185 workers.
Lilly spin-off putting nearly 1,200 acres up for auction by Greenfield
The land formerly was owned by Eli Lilly and Co. and then was included in Elanco’s 2018 spin-off from the pharmaceutical company.