March 28, 2013
Associated PressThe Carmel-based insurance holding company says it expects to buy back more of its shares and take a special charge tied to
a recent tender offer.
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January 20, 2013
Associated PressIndiana Beach Amusement Resort on Lake Shafer neglected to pay an estimated $180,000 in innkeeper's taxes and about $167,000
in 2011 property taxes, according to White County officials.
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December 28, 2012
Scott OlsonThe Indiana Court of Appeals affirmed Christopher White's 2009 conviction, resulting from a $500,000 bad check he wrote as
he tried to save his real estate development firm.
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December 21, 2012
IBJ StaffThe last remaining store for the family-owned business, which recently shuttered its Castleton location, will stage a liquidation
sale on Dec. 28.
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December 7, 2012
Associated PressThe Labor Department's report Friday offered a mixed picture of the economy. Hiring remained steady during November in the
face of looming tax increases. But the jobless rate slipped in part because more people stopped looking for work.
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November 7, 2012
Associated PressThe Dow Jones industrial average plummeted as much as 369 points, or 2.8 percent, in the first two hours of trading. It recovered
steadily in the afternoon, but slid into the close and ended down 313, its biggest point drop since this time last year.
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November 1, 2012
IBJ StaffIndianapolis-based Duke Realty Corp. on Wednesday reported a third-quarter loss of $28.2 million, smaller than a loss of $32
million in the same quarter of 2011.
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October 5, 2012
Chris O'MalleyThe automaker had claimed in a complaint to the state that Duke acted in "draconian" fashion by holding onto the
seven-figure deposit for service at its Kokomo plant since 2009.
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October 4, 2012
IBJ StaffHostess Brands Inc., the maker of Twinkies and Wonderbread, has received the go-ahead from a U.S. bankruptcy court judge to
lower wages for thousands of bakery workers, affecting more than 400 employees in Indiana.
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March 3, 2012
Only 36 percent correctly answered all three assessment questions on a test.
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September 23, 2011
Jean WojtowiczDuring these difficult times, small-business lenders are looking harder at intangibles—including a borrower’s
character.
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September 10, 2011
Greg AndrewsUS Dry Cleaning’s September 2008 purchase of Tuchman Cleaners was supposed to end years of financial strain for the
25-store Indianapolis chain, but it didn’t happen.
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July 30, 2011
Cory SchoutenThe Precedent Cos.—the local developer of The Precedent Office Park, Mount Comfort Commercial Park and several upscale
residential communities in Hamilton and Johnson counties—is winding down operations in an out-of-court restructuring.
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April 16, 2011
Francesca JaroszA crop of Indianapolis companies is embracing the practice of developing and marketing products for startups in exchange for
an ownership stake.
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February 16, 2011
IBJ Staff and Bloomberg NewsBorders will close its downtown-Indianapolis and Carmel stores as part of its plan to shutter about 30 percent of its stores
nationally.
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February 2, 2011
The Indianapolis-based e-mail marketing firm said revenue in 2010 grew 41 percent, to more than $134 million. The company
also marked its 40th consecutive quarter of growth.
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November 12, 2010
Scott OlsonOwner Chuck Mack says popular tavern and restaurant Moe & Johnny's, open in Broad Ripple since 1996, is in no danger of closing
despite the Chapter 11 filing.
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November 6, 2010
Greg AndrewsCitigroup Capital Markets retail analyst Kate McShane has Finish Line near the top of her list of potential leveraged-buyout
candidates.
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June 30, 2010
Greg AndrewsAn agreement with Durham's attorney paved the way for FBI agents to pick up 18 cars from Durham's residences in Indianapolis
and Los Angeles.
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June 28, 2010
Scott OlsonBeleaguered home builder doesn't appear to have funds available to pay an attorney to prepare
necessary paperwork for Chapter 7 liquidation, trustee says in court filing.
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June 26, 2010
Greg AndrewsTim Durham, the Indianapolis businessman who purchased Akron, Ohio-based Fair Finance Co. eight years ago, is facing up to
the reality he owes the company a bundle and is shoveling over assets. Nevertheless, the FBI seized some Durham vehicles on
June 24.
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June 25, 2010
Greg AndrewsEmbattled financier Tim Durham's lawyer, Larry Mackey, said the FBI should have known a bankruptcy trustee had the titles.
An attorney for
the trustee said investigators were aware.
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April 1, 2010
Federal prosecutors allege man embezzled $1.6 million from a title insurance company.
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March 6, 2010
Greg AndrewsBorrowers from Tim Durham's bankrupt finance company will face heavy-handed collection tactics.
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January 2, 2010
Cory SchoutenFrom 1999 to 2008, Steak n Shake Co. spent an average of $55 million a year to add dozens of restaurants and buy equipment
for existing
ones. In 2009, the locally based
chain spent just $5.8 million.
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Doug Henning!
These guy were thugs — they grew up in freaking Haughville! Smh, sigh. If the mayor needs/wants "quality" Black Hoosiers who are NOT corrupt, give me a call — I know plenty. Land bank info here - http://www.kubepharm.com/indylandbank/IndyLandBank.html
Magician and illusionist!
The basic idea of nice apartments with parking and retail is a good one, but this design seems overwhelmingly big/tall for Broad Ripple. The size could be disguised a bit with lots of big trees/landscaping, but the complex is too massive to blend in easily. That section of canal between College and Westfield will also need to be upgraded on both sides. Nice apartments facing onto a nice promenade with shade trees/plantings could bring together the canal towpath/Monon recreation, the outdoor seating at existing restaurants, and this project into something that upgrades the whole area. A plan for the whole stretch makes more sense than facing nice new housing onto what looks like a ditch. Is there a plan? Does the public have input? Who pays? The apartment idea seems to be reasonable, but Whole Foods is not a good idea for appropriate retail. Besides the store being physically too big, there are already Fresh Market at 54xCollege and Whole Foods in Nora for fancy groceries. Good Earth and Kroger are within walking distance of the Shell site. There are at least 7 grocery stores within a safe bike ride. Whole Foods would add nothing but traffic congestion. This design is on the right track, but there needs to be more work done to ensure that it blends in with and enhances the existing community. A project that large will set a tone for that whole part of town. It could be a real asset, but only if done right.
I did not move to Zionsville to live in Carmel. This and the subsequent developments to follow will ensure a vanilla uniformity of strip malls and apartment buildings as we seek to bring our town down to the least common denominator. We were warned before recent elections that pro-development council members would make sure their friends (landowners and developers) would be able to make their millions off of the exploitation of Zionsville. Why in God's name would we sell out the best preserved small town in the State of Indiana?