August 13, 2009
Greg AndrewsThe Steak n Shake Co.’s announcement this morning that it plans to purchase Western Sizzlin Corp. for about $23 million
puts the Indianapolis restaurant company back in the steakhouse business for the first time since exiting it nearly a decade
ago.
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August 13, 2009
Cory SchoutenThe Steak n Shake Co. said it plans to acquire the Western Sizzlin restaurant chain in a deal valued at $23 million.
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August 13, 2009
J.K. WallArcadia Resources Inc. narrowed its losses in its most recent quarter as it started to accelerate sales in its highly-touted
DailyMed program, the company said today.
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August 13, 2009
IBJ StaffCarbon Motors yesterday filed for a $310 million federal loan to help it begin producing high-tech police cars in Connersville.
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August 13, 2009
IBJ StaffIndianapolis-based Republic Airways Holdings Inc. and Southwest Airlines Co. will battle it out in a bankruptcy court auction
today for the rights to acquire Denver-based Frontier Airlines Holdings Inc.
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August 13, 2009
Scott OlsonSouthwest Airlines Co.'s bid for Denver-based Frontier Airlines Holdings Inc. may have hit turbulence, according to the Dallas
Morning News.
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August 12, 2009
Scott OlsonThe Hancock County Council this morning unanimously approved a tax-incentive agreement that should lead Covance Inc. to add
315 jobs at its Greenfield Laboratories.
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August 12, 2009
J.K. WallBloomington-based Cook Medical has won European approval for a new artery-opening device for the legs that it predicts will
be a blockbuster.
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August 11, 2009
IBJ StaffThe Promotion Co Inc., an Indianapolis-based event promoter, said today that it has acquired the Monster Nationals series
of monster-truck shows from Image Promotions Inc. in Chardon, Ohio.
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August 11, 2009
IBJ StaffIdaho-based MWI Veterinary Supply Inc. said today it will establish distribution operations in Indiana by leasing space in
Whitestown, creating more than 30 new jobs by the end of the year.
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August 11, 2009
Scott OlsonSteak n Shake Co. late yesterday reported strong profit and big increases in customer traffic and same-store sales for its
fiscal third quarter, which ended July 1.
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August 11, 2009
J.K. WallWellPoint Inc.'s internal audit and chief compliance officer - and highest-ranking black executive - will leave the company
later this month, according to a companywide e-mail sent out yesterday.
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August 11, 2009
IBJ StaffNoble Roman’s Inc. late yesterday reported a larger profit in the second quarter, primarily due to its continuing efforts
to cut expenses by replacing company-owned restaurants with franchises.
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August 10, 2009
IBJ StaffThe City-County Council voted 15-14 last night to approve raising the local hotel tax from 9 percent to 10 percent in a move
intended to help the cash-strapped Indianapolis Capital Improvement Board close a $47 million operating deficit.
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August 10, 2009
Scott OlsonMembers of the Indianapolis Capital Improvement Board this afternoon passed a $63 million budget for 2010 that hinges on the
City-County Council’s approval of a hike in the local hotel tax.
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August 10, 2009
IBJ Staff and Associated PressSouthwest Airlines Co. said today it's bidding $170 million to buy Frontier Airlines Holdings Inc. out of bankruptcy protection,
surpassing an earlier bid of $108.8 million by Indianapolis-based Republic Airways Holdings Inc.
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August 10, 2009
Chris O'MalleyVeolia Water Indianapolis, which manages the city’s water utility, has appealed an order issued by state utility regulators
that limited a major rate increase sought by the city.
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August 10, 2009
IBJ Staff and Associated PressRepublic Airways Holdings Inc. is nearing judgment day in its battle with Southwest Airlines Co. for ownership of Frontier
Airlines Holdings Inc.
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August 10, 2009
Jo Ellen Meyers SharpMany young women who have participated in the Governor Bob Orr Indiana Entrepreneurial Fellowship program have landed at high-flying
local technology firms.
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August 10, 2009
Chris O'MalleyMore emerging life science companies have found life in the form of federal
Small Business Innovation Research grants.
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August 10, 2009
Kathleen McLaughlinThe new CEO of Junior Achievement of Central Indiana, Jennifer Burk, said she has ideas for reinvigorating the base of corporate
supporters and reaching more students with entrepreneurship programs.
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August 10, 2009
Peter SchnitzlerEli Lilly and Co. has reorganized its venture capital division and simultaneously poured in an additional $25 million.
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August 10, 2009
J.K. WallIn the eyes of Scott Law, Congress is heading in exactly the wrong direction on health care reform.
But the
CEO of Zotec Partners predicts a big bump in sales for his physician-billing management company if current reform proposals
become law.
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August 10, 2009
Peter SchnitzlerLocal credit unions largely avoided putting toxic assets on their own balance sheets. Even so, they’re going to have
to pay millions of dollars to clean up their industry’s books.
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August 10, 2009
Kathleen McLaughlinAfter so many years of trying to tap every possible cubicle-dweller for donations, United Way of Central Indiana is putting
more effort into the richest veins in the workplace—the folks in corner offices.
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I'm sure there are others, but his name automatically came to my mind
Houdini
magician on the court
STEVE MARTIN - funny magic
It has to be Houdini!