Target see lower profit as theft, consumer caution grows
Target said theft is cutting into its bottom line and it expects related losses could top $1.2 billion this year after an estimated $700 to $800 million in losses from theft last year.
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Proposal would let Indy impose tax on Mile Square properties for downtown enhancements
Under the proposal, the revenue could only be used in the Mile Square for services that are now provided by the not-for-profit Downtown Indy Inc., such as cleanliness initiatives, homelessness outreach and providing “safety ambassadors.”
High-capacity magazine supplier sued in FedEx mass shooting
The federal suit was filed by the son of a man killed in the 2021 mass shooting at an Indianapolis FedEx facility and two survivors against the distributor of the 60-round magazine used by the gunman, who fatally shot eight people before killing himself.
UPDATE: Employee kills five in Louisville bank building
Police arrived as shots were still being fired inside Old National Bank and killed the shooter in an exchange of gunfire, Louisville Metro Police Department Chief Jacquelyn Gwinn-Villaroel said.
Zionsville-based Group 1001 reports ransomware attack
The insurance holding company says all of its systems are back online following the Feb. 9 discovery of a ransomware attack that affected several of its subsidiary firms. But it hasn’t yet said how many individuals might have be affected by the attack.
IBJ Podcast: Is downtown safe? Ask two business owners who reached different conclusions.
Mason King talks with Greg Harris, founder of Backhaul Direct, which left downtown, and Andrew Elsenser, co-founder of Spot, which is expanding downtown.
Bill aims to keep state from releasing non-resident prisoners in Indianapolis
House Bill 1087, authored by Rep. Justin Moed, D-Indianapolis, would require the Indiana Department of Correction—with some exceptions—to return offenders to the county where they lived when they were convicted.
Tale of two downtowns: $9B set to be invested in projects, even as business district struggles with recovery
Many parts of downtown are thriving—particularly neighborhoods, where rents are rising, people have to stand in line for a lunch table, and investments are flowing. Other parts—especially downtown’s central core, where many workers might come to the office only once or twice a week—are limping along, pockmarked by vacant storefronts, panhandlers and crumbling sidewalks.
Crime in downtown Indianapolis: Is perception worse than reality?
According to crime data for the Mile Square over the past three years—the only such data available that includes figures for 2022—violent incidents are down from the pandemic peak years of 2020 and 2021 in all categories except robberies, which were up 43%, from 56 to 80.
Former church business manager sentenced to 2 years in prison
Investigators say Marie Carson illegally transferred $573,836 in church and school money into her private accounts from 2008 to 2021 and used much of the money to pay for casino gambling and an annual month-long vacation to Florida.
Builders say construction-site theft is ‘rampant’
The people who do the stealing range from individuals committing small-time, spur-of-the-moment thefts to organized crews who go from state to state, hitting construction sites and then blowing town.
Proposal seeks to change state constitution over who has right to bail
Prosecutors say Sen. Eric Koch’s Senate Joint Resolution 1 would keep dangerous people off the streets before trial, while defenders and civil rights advocates say its subjectivity could endanger the rights of those presumed innocent until convicted.
Former DWD employee charged with filing more than $34K in fraudulent claims
According to the investigative report filed by Indiana’s Office of Inspector General, a program specialist filed for and received unemployment insurance benefits while employed at the agency and also oversaw her husband’s fraudulent unemployment claims.
Indianapolis dermatologist pleads guilty to understating taxes
Dr. A. David Gerstein, a dermatologist with practice on North Meridian Street, filed a plea agreement Dec. 28 in U.S. District Court in Indianapolis.
One dead, one wounded in shooting outside Castleton Square
The shooting occurred just before 8 p.m. outside the state’s largest shopping center, the Indianapolis Metropolitan Police Department said.
Lawmakers: Giving AG power over prosecutors ‘least preferred’ route in dispute
A bipartisan group of lawmakers and justice system leaders that assembled on Thursday to consider how best to address county prosecutors with “blanket” non-prosecution policies agreed that handing authority to Indiana’s Attorney General isn’t the best solution.
Marion County Prosecutor Ryan Mears defeats upstart GOP challenger
Mears’ victory dashed Republicans’ hopes of winning their first countywide race in Indianapolis in a decade, a period in which Marion County became increasingly dominated by Democrats.
Approach to fighting crime divides candidates for prosecutor
Marion County voters will have a distinct choice to make on Nov. 8. Democratic Prosecutor Ryan Mears and Republican challenger Cyndi Carrasco couldn’t be further apart on some key issues.
Biden pardons thousands for ‘simple possession’ of marijuana
The president also called on governors to issue similar pardons for those convicted of state marijuana offenses, which reflect the vast majority of marijuana possession cases.
Smith & Wesson sued over link to July 4 parade mass shooting
The suits accuse gun-maker Smith & Wesson of illegally targeting its ads at young men at risk of committing mass violence.