Indiana fish farm poised to make history with genetically modified salmon
The salmon produced by AquaBounty are the first genetically modified animals approved for human consumption in the United States.
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Walmart to pay $282 million over foreign corruption charges
The nation's biggest store chain said the two settlements close the books on federal investigations that stretch back to 2012 and have collectively cost the company more than $900 million.
Walmart to pay $282 million over foreign corruption charges
The nation's biggest store chain said the two settlements close the books on federal investigations that stretch back to 2012 and have collectively cost the company more than $900 million.
Kroger stumbles as competition gets fiercer in grocery industry
While earnings narrowly beat analysts’ estimates, profit margins decreased again because of investments Kroger is making to keep pace with the competition.
Cunningham Restaurant Group multitasks with latest venture
Croute Baking Co. in downtown Indianapolis won’t be a restaurant, but a multipurpose facility that includes a bakery, developmental kitchen and a small retail operation with a limited grab-and-go food menu.
Weather still dampening central Indiana home construction
Applications for home construction fell 1% in central Indiana in May, marking the sixth straight month of declining permit filings.
Meijer rolls out mobile checkout app at Indianapolis stores
Grand Rapids, Michigan-based Meijer said the app has been downloaded more than 1.1 million times since it started testing it in Michigan last year.
Restaurateur Scott Wise gets back to his roots in new venture
The restaurant, Roots Burger Bar, is set to open next week in Muncie, at the site of the original Scotty’s Brewhouse that Wise opened in 1996.
Company that proposed Carmel event center accused of fraud in federal suit
A small group of retirees paid a combined $6.2 million last year for stakes in a proposed event center in Carmel that never was built. The investors claim they were duped in a vast fraud involving financial advisers, a property broker and a bankrupt company called Noah Corp.
Circle Centre sees larger annual profit, lower sales
Circle Centre saw its profit and store count rise in 2018, mall manager Simon Property Group said. But the financial performance of the downtown shopping center significantly trailed other properties in Simon’s portfolio.
Developer plans to raze homes in Fishers for $29M apartment project
The Fishers City Council on Monday night approved a development agreement between the city and Indianapolis-based Scannell Properties, which has 14 residential parcels under contract south of the Nickel Plate District.
TWG seeks tax break for $26M apartment project at old IPS site
TWG Development could save $1.4 million on the 188-unit Wesmont, named after jazz guitar legend Wes Montgomery. It’s part of the company’s larger redevelopment project south of East 16th Street and east of the Monon Trail.
A $50 million glitch? Target takes hit from register outage
The outage came on the eve of Father’s Day, when the retailer was promoting various items, from ties to golf balls, as last-minute gift ideas for dads. Customers took to Twitter, sharing images of the long lines and the abandoned shopping carts.
Indianapolis-area Kroger employees approve new labor agreement
The agreement covers more than 9,000 members of the United Food and Commercial Workers Union who work at 71 Indianapolis-area Kroger stores.
American consumers step up retail spending
The latest retail report suggests that American consumers are still spending at a healthy pace, even as the stimulus from tax cuts fades.
Allison Transmission plans to build Innovation Center, boost employment
Officials said the new project, combined with the Vehicle Environmental Test, or VET, facility announced earlier this year, would create more than 300 jobs altogether at Allison.
Amazon’s HQ2 already making northern Virginia’s housing prices skyrocket
Real estate agents and local economists said inventories are so sparse that some popular ZIP codes in Arlington and Alexandria show no homes for sale at all.
Impossible Burger shortages hit White Castle, Red Robin
The shortages coincide with the arrival of the Impossible Whopper at Burger King. Under terms of a deal inked earlier this year, Impossible Foods patties will be inside Burger Kings nationwide by the end of this year.
First Merchants Bank settles federal lawsuit alleging redlining
According to the complaint, First Merchants “engaged in unlawful redlining in Indianapolis by intentionally avoiding predominantly African-American neighborhoods because of the race of the people living in those neighborhoods.”
Owners of Union 525 incubator plan $10M building on South Meridian
The tech incubator owners plan to construct a six-story building directly south of the existing Union 525 building.