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News & Analysis
Dodson Group CFO to plead guilty to wire fraud
August 18, 2009
Scott OlsonA former chief financial officer for The Dodson Group has agreed to plead guilty to wire fraud after admitting to stealing
$422,539 from the Indianapolis-based firm.
MoreDeveloper's fraud trial enters second day
August 18, 2009
Cory SchoutenMarion County prosecutors this morning began making their case that Christopher P. White knowingly wrote a bad check for $500,000
last year in a desperate attempt to save his Indianapolis-based development firm, Premier Properties USA Inc.
MoreDental startup locating in Noblesville
August 18, 2009
IBJ StaffTherametric Technologies Inc., a developer of dental health technology, said today it will locate its headquarters and manufacturing
operations in Noblesville, and plans to create 40 jobs by 2013.
MorePhoenix Group expands, may add 200 jobs
August 18, 2009
Scott OlsonThe Phoenix Group, a Greenwood-based supply-chain services company, said yesterday that it has added 15 employees within the
past month and plans to hire about 200 more workers by the end of 2010.
MoreColumbia Club hires Cincinnati native as GM
August 17, 2009
IBJ StaffJames B. “Jim” Rentschler, former general manager at the University Club of Cincinnati, has been named general
manager of The Columbia Club.
MoreWellPoint stock bucks market plunge
August 17, 2009
IBJ Staff and Associated PressNews that the Obama administration might be willing to drop the idea of a government-run health insurance
plan has given a big boost to Indianapolis-based insurer WellPoint Inc.
MoreRon Henriksen has accumulated a lifetime of mergers and acquisitions
August 17, 2009
Marc D. AllanA light touch and an eye for detail have brought Ron Henriksen riches and adventure in a humble life of deal-making. And at
age 70, he has no plans to stop.
MoreArtists expanding presence in western suburbs
August 17, 2009
Kathleen McLaughlinSeveral arts groups are expanding their presence in Hendricks County, undeterred by tight budgets and a perception that residents
need to travel to Indianapolis for cultural offerings.
MoreButler launches search for more money
August 17, 2009
J.K. WallIn five years, Butler University President Bobby Fong wants to vault his school into the top 10 of the nation’s master’s
universities—schools that offer bachelor’s and master’s degrees but few doctorates.
MoreSummer program turns teens into entrepreneurs
August 17, 2009
Riya V. AnandwalaEighteen students from Indianapolis’ Haughville neighborhood sold their wares— ranging from caps and sunglasses
to purses
to home-baked cookies—as part of a summer business-education program
for low-income youth.
MoreLoan defaults could cost David Marsh his Geist home
August 17, 2009
Cory SchoutenDavid A. Marsh, the former supermarket executive and current president of the Crystal Flash convenience store chain, could
lose his 11,800-square-foot mansion on Geist Reservoir over three defaulted loans.
MoreSchumacher leads Indians to 33 straight years of profits
August 17, 2009
Anthony SchoettleMax Schumacher, now in his 52nd year with the Indians, runs a tight ship. His attention to detail and strategic thinking have
served the city's minor league baseball team well.
MorePlethora of candidates likely for symphony post
August 17, 2009
Kathleen McLaughlinThe Indianapolis Symphony Orchestra's messy split with Mario Venzago is not expected to hamstring its search for a new music
director.
MoreSchumacher prepares for eventual Indians exit
August 17, 2009
Anthony SchoettleMax Schumacher is healthy, feels good and wants to continue working for the Indianapolis Indians full time. But
with his 77th birthday approaching in October, Schumacher, chairman and president of the team, needs a succession plan.
MoreGlut of downtown office space grows
August 17, 2009
Cory SchoutenSafeco is leaving a five-building complex on North Meridian Street, and Eli Lilly and Co. has offered for lease its entire
four-building Faris campus.
MoreTenants trickling in to Purdue’s technology center
August 17, 2009
Chris O'MalleyFor a city feverishly growing its technology and life sciences sectors, it seemed a bit anticlimactic last January when
Purdue University dedicated its new technology center with only one tenant. But the lone tenant in the $12.8
million complex, FlamencoNets, a high-tech telecommunications firm, is about to get some company.
MoreLottery sales fall 11 percent as Lotto, scratch-off demand wanes
August 14, 2009
Scott OlsonThe Hoosier Lottery limped through its latest fiscal year, turning in its poorest sales performance in a half-decade due mostly
to declining demand for Hoosier Lotto tickets and scratch-off games, the Lottery said today.
MoreIU Trustees elect Fort Wayne doctor president
August 14, 2009
IBJ StaffThe Indiana University Board of Trustees have elected Fort Wayne surgeon Dr. William Cast to a two-year term as the board's
president.
MoreIndyGo adding hybrids to supervisory fleet
August 14, 2009
IBJ StaffIndyGo plans to buy six new hybrid vehicles for its transportation supervisors.
MoreDeal returns Steak n Shake to steakhouse biz
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.
MoreSteak n Shake acquiring Western Sizzlin
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.
MoreDailyMed sales trim Arcadia losses
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.
MoreCarbon Motors files for $310 million loan
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.
MoreDenver group trying to lure Republic Airways HQ
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.
MoreSouthwest bid for Frontier could be in trouble
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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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!