Extras help small firms boost business
Small businesses like KnowSweat Workouts increasingly are adding products and services to keep revenue flowing during tight economic times.
Real Estate
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Local commercial real estate market a little healthier
Last year wasn’t a great one for the Indianapolis-area commercial real estate market, but it wasn’t a particularly bad one, either, according to a report by Cassidy Turley to be released Thursday.
Former Hoosier sentenced in Florida Ponzi case
Developer Sydney “Jack” Williams received one year in prison and a $25,000 fine for failing to report millions of dollars he received in commissions related to a Florida investment scheme.
State retailers oppose 2-year wait for Amazon tax
The Indiana Retail Council is opposing a deal struck between Gov. Mitch Daniels and Amazon to begin collecting sales tax in 2014.
Closed meeting angers wounded store clerk’s family
The family of a convenience store clerk critically injured in an October shooting harshly criticized an Indiana agency's decision to hold a closed-door meeting Wednesday with trade groups on efforts to boost safety at the 24-hour facilities.
Metro home-building activity sinks again in 2011
New-home construction in the Indianapolis area slid in 2011, marking six straight year-over-year declines in residential building. The 3-percent decrease in building permits, however, was the smallest decrease since 2006.
Simon cashes out of venture that owns 46 Italian centers
The Indianapolis developer's sale of its 49-percent stake further reduces the company's presence in Europe.
HHGregg shares sink on disappointing earnings
Appliance and electronics retailer HHGregg Inc.’s stock price fell more than 15 percent Tuesday after it reported lower-than-expected earnings for the fiscal third quarter.
Bill would make eminent domain tougher for state colleges
An Indiana lawmaker is sponsoring a bill that would make it more expensive for state-supported universities to acquire land by eminent domain.
Brugge owners eye downtown buildings for brewery, eatery
Owners of Broad Ripple’s Brugge Brasserie want to bring a new restaurant concept to the Massachusetts Avenue district downtown, where they also plan to relocate the craft brewery that supplies beer to Brugge.
Indiana reaches online sales tax deal with Amazon.com
Amazon.com will begin collecting Indiana's 7-percent sales tax from customers in 2014 under an agreement with the state announced Monday.
New renderings: CityWay’s hotel dubbed The Alexander
Buckingham Cos. and Dolce Hotels and Resorts plan to name their hotel in CityWay The Alexander in honor of the man who developed the original city plan for Indianapolis, Alexander Ralston.
Edible Arrangements franchisee opens third location
Retha Parsley owns three franchises for Edible Arrangements, a fruit-bouquet-delivery business, including a new downtown location that also sells in-store dipped fruit, fruit smoothies and fruit parfaits.
IndyFringe buys headquarters building
The organizer of the IndyFringe Festival bought the building it has rented for three years and is raising money to expand it.
Simon chasing title of state’s most valuable company
David Simon's massive new compensation plan—which includes a $120 million long-term bonus—is a drop in the bucket compared with the wealth the company has been creating in recent years, even as the overall market zigs and zags.
Boone County officials ‘surprised’ by ASI closing
ASI Limited informed an estimated 250 employees by letter that the company was no longer profitable. The manufacturer’s high-profile projects include Lucas Oil Stadium and the JW Marriott hotel.
Blakley Corp. hires first outsider CEO
Indianapolis-based Blakley Corp., a specialty contractor and home-flooring retailer, has hired the first outsider CEO in the company's 114-year history.
Local developer rescues 1913 apartment building from wrecking ball
A local developer and historic preservation group have teamed up to save a 1913 apartment building near the Children’s Museum from demolition.
Lawmaker: Prison land sale may pose safety threat
Democratic state Rep. Scott Reske said the sale of nine tracts of land surrounding the Pendleton Correctional Facility would cut in half a state-owned buffer zone between Pendleton's Fall Creek Elementary School and the town's two prison facilities.
Daniels, Beshear reach agreement on bridges
Construction on two new bridges costing $2.6 billion and spanning the Ohio River between Kentucky and Indiana could begin in late 2012, with the spans open before the end of the decade, Kentucky and Indiana officials said Thursday.