Indianapolis-based Simon Property Group Inc. (NYSE: SPG) is reportedly looking to expand its retail ownership footprint. The mall owner and Canada-based Brookfield Asset Management Inc. (NYSE: BAM) are looking to acquire Kohl's (NYSE: KSS) in an $8.6 billion deal, according to the New York Post. ... Read More
The NBA 2K League kicked off in-person competition for its fifth season with The Tipoff tournament at the new NBA 2K League Studio at The Pavilion at Pan Am Plaza in downtown Indianapolis. T-Wolves Gaming from Minnesota took home the trophy at the end of the tournament. ... Read More
The city of Mishawaka is looking to acquire and demolish the former Kamm Island Apartment property. The South Bend Tribune reports the acquisition could help make way for potential redevelopment of the nearby historic Kamm & Schellinger Brewery building.... Read More
Eli Lilly and Co. (NYSE: LLY) Chief Executive Officer Dave Ricks says while Indiana has built a low tax, business friendly environment that is attractive, there needs to be a focus on non-traditional factors if the state is going to be successful in the new economy. ... Read More
Indianapolis-based TechPoint announced the winners of the 2022 Mira Awards on Saturday. The nonprofit tech accelerator's annual awards honor the "Best in Tech" in Indiana.... Read More
Launch Terre Haute is looking for a new partner for its Launch P@d initiative. The program provides business mentoring services and a retail location at a discounted rental rate to a new business that wins a pitch competition hosted by the coworking space.... Read More
Ohio-based Cleveland-Cliffs Inc. (Nasdaq: CLF) has reached a consent decree regarding a chemical discharge from the Burns Harbor Works steel mill in 2019. Our partners at The Times of Northwest Indiana report the steelmaker has agreed to pay a $3 million fine, fix equipment and donate land to the Indiana Dunes National Park.... Read More
The new general manager of New Jersey-based Catalent Inc.'s (NYSE: CTLT) manufacturing facility in Bloomington says the company's continued expansion in Monroe County is unprecedented, but still "structured and planned growth." ... Read More
Ireland-based Allegion plc (NYSE: ALLE), which has its Americas regional headquarters in Carmel, has announced plans to acquire Stanley Access Technologies LLC in a cash deal valued at $900 million. Access Technologies is the automatic entrance solutions business of of Stanley Black & Decker Inc. (NYSE: SWK), headquartered in Connecticut.... Read More
The International School of Indiana will Saturday celebrate the completion of the $13.5 million Chen Family Lower School building in Indianapolis. The school is the result of capital campaign to create a unified campus on the city's northwest side.... Read More
