Business

Thursday’s business headlines

INDIANAPOLIS (WISH) — Here’s a look at Thursday’s business headlines.

Simon malls

Shopping center giant property group reported strong first quarter results, exceeding analyst expectations.

CEO David Simon credited some of the innovative retails steps they’ve taken as well as a fourth outlet center in Canada.

Simon also said the rest of the year is shaping up strong as well.

College

Up to half of college students in recent published studies say they either are not getting enough to eat or are worried about it.

Food insecurity is most prevalent at community colleges, but it’s seen at public and private four-year schools as well.

Food pantries have popped up on campuses and some school use an app which allows students to donate their unused meal vouchers.

IHOP

IHOP says the fake name change to IHOB worked.

The advertising shtick generated enough buzz that it led to an increase in business.

IHOP changed its name to IHOP temporarily to promote its new business.

Gas prices

There’s more oil than expected in the U.S.

The EIA says domestic crude supplies rose by 3.8 million barrels last week.

That may help keep up a lid on gas prices as we head toward Labor Day.

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