Old-line manufacturers like Cummins Inc. and Allison Transmission Holdings Inc. find themselves in a precarious spot these days. If they don’t embrace the electric-vehicle future — which has a near mania surrounding it — they look backward. But if they dive in with excessive exuberance, they risk wasting hundreds of millions of dollars.
A local developer that prides itself on saving historic buildings is planning to make a big splash on the city’s near-east side that would include spending tens of millions of dollars and moving its headquarters there.
Hotels in Carmel could soon have an unexpected competitor — the city itself.
After years of unsuccessfully trying to attract a private developer to open an upscale lodging facility, the city is stepping in to make an investment in a $40 million Autograph Collection hotel by Marriott in City Center.
It all began when his son got sick. Suddenly, the pressure of being both a devoted father and productive lawyer became too much, and Indianapolis attorney Tony Paganelli discovered he wasn’t performing at his best in either role.
A court battle is escalating between IndyGo and property owners along the proposed Red Line route fighting to protect their land from becoming part of the rapid-transit bus system.
Growing up, Kightlinger and Gray LLP attorney Adam Ira can recall members of his family, many of whom were factory workers, expressing concerning about the prospect of automated machines taking their jobs. Now, Ira said similar concerns are creeping into his work as a lawyer, as the rise of artificial intelligence in the practice of law has begun automating legal tasks previously performed by humans.
The Indianapolis-area office market continues to show signs of improvement and particularly in the large downtown submarket, where vacancy is steadily shrinking.
Picture this: Your wallet is fatter than usual, and you’re looking to invest the extra cash.
That’s a simplified version of the situation facing private equity firms these days. And although it might sound like an enviable situation, it comes with significant challenges, say those familiar with the industry.
It’s been called the buffet approach to health care. And in Indiana, the buffet line could soon get longer if more doctors and patients are attracted to a membership plan picking up steam under a new law.
Safeway is a survivor.
The local grocery chain hatched during World War II has outlasted other homegrown competitors such as Marsh Supermarkets and Double 8 Foods, at a time large nationals are increasing their market share.