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News & Analysis
Steak n Shake changing its name, moving HQ to Texas
February 6, 2010
Cory SchoutenIndianapolis is on the verge of losing one of its most prominent public companies. The Steak n Shake Co. is planning to
change its name to Biglari Holdings Inc. and move its headquarters to San Antonio. The Steak n Shake restaurant chain would
retain a presence in Indianapolis.
MoreLaw firm adds historic home to campus
February 6, 2010
Scott OlsonPlews Shadley Racher & Braun has finished a careful restoration of the Eden-Talbott House, continuing a strategy of shunning
glass and steel.
MoreVideo firm Bennett Innovations reaches 25 years
February 6, 2010
Kathleen McLaughlinThe seven-person production house led by Bruce White counts IUPUI and Rolls-Royce North America among its clients.
MoreGovernment reform, unemployment taxes chug through Legislature
February 6, 2010
Kathleen McLaughlinKey measures cleared their chambers of origin by the Feb. 3 deadline.
Scale Computing succeeds quickly after co-founder moves it to Indiana
February 6, 2010
Chris O'MalleyNot even a year has passed since Scale Computing launched its first product, yet CEO Jeff Ready forecasts 2010 revenue
with the confidence of a meteorologist giving the three-day outlook.
MoreEnvironmental causes keep ex-bank chief McKinney busy
February 6, 2010
Chris O'MalleyMost know him as a retired captain of industry—of banking, as chairman of First Indiana Corp., and law, as co-founder
of Bose McKinney & Evans. Few know that Robert H. McKinney started out planning to become a national park guide.
MoreShelbyville tech park keeps tax incentives
February 5, 2010
Kathleen McLaughlinState officials are giving Shelbyville's struggling Intelliplex business park another chance to use tax incentives to land
new companies
and high-paying jobs.
MoreUPDATE: Simon shares climb after profit beats estimates
February 5, 2010
Bloomberg NewsThe company raised its average rent per square foot at both regional malls and outlet centers even as U.S. consumer spending
flagged.
MoreBusinesses walk fine line when supporting Colts
February 5, 2010
Scott OlsonAs Super Bowl approaches, companies unaffiliated with the Colts avoid becoming victims of the NFL's strict trademark-enforcement
policies by supporting the team in generic fashion.
MoreHoosier Motor Club closing call center, cutting 61 jobs
February 5, 2010
Scott OlsonThe AAA Hoosier Motor Club is closing its call center on Guion Road and consolidating operations with five other clubs.
MoreSimon Property's quarterly profit tumbles
February 5, 2010
Bloomberg NewsQuarterly revenue remained flat at about $1 billion, but profit fell 41 percent, from $196.4 million to $115.9 million.
MoreNational unemployment rate drops to 9.7 percent
February 5, 2010
Associated PressJanuary's report offers hope that employers may start adding jobs soon. Excluding the beleaguered construction industry, the
private sector as a whole added 63,000 positions.
MoreEx-Indiana player Leary arrested in fraud case
February 5, 2010
Associated PressThe 39-year-old Leary was being held Friday in the Monroe County Jail in Bloomington on charges out of Allen County.
MoreSimon, partner selling European malls for $981M
February 5, 2010
Bloomberg NewsUnibail-Rodamco SE, Europe's biggest shopping-center owner, has agreed to pay Simon Property Group and Ivanhoe Cambridge Inc.
$981 million for stakes in seven malls in France and Poland.
MoreSources: NCAA talking to CBS, Turner Sports about hoops deal
February 5, 2010
Anthony SchoettleCBS and Turner Sports are discussing a joint bid for the broadcast rights to the NCAA men's basketball tournament rights if
the
NCAA decides to opt out of its current deal.
MoreHarrison College names new president
February 5, 2010
J.K. WallSon of long-time president set to lead Indianapolis for-profit, adult-centered school during historic growth phase.
MoreFair Finance investors file motion for receiver to control assets
February 4, 2010
Greg AndrewsThe motion filed in an Ohio court is aimed at preventing funds from disappearing while investigations continue.
MoreRepublic Airways to shut down Lynx Aviation
February 4, 2010
Associated PressIndianapolis-based Republic Airways Holdings Inc. will shut down Lynx Aviation, a regional flying unit that operates Bombardier
Q400 propeller planes. The changes will mean 175 people will lose their jobs.
MoreMississippi settles Zyprexa suit against Lilly for over $18M
February 4, 2010
Associated PressMississippi will receive $18.5 million from Indianapolis-based drugmaker Eli Lilly and Co. as part of a settlement over claims
the company promoted the anti-psychotic Zyprexa for ailments it was not federally approved to treat.
MoreProminent local car dealer Tom Wood dies
February 4, 2010
Indianapolis car dealer Tom Wood died Thursday morning after battling lung cancer. Wood grew his business from a single dealership
he purchased in 1967.
MoreCity lists former Winona Hospital for sale
February 4, 2010
Peter SchnitzlerIndianapolis' Metropolitan Development Commission sets $667,500 minimum price for the long-vacant property at Meridian and
32nd Streets.
MoreIndiana politicians consider Super Bowl ticket offer
February 4, 2010
Kathleen McLaughlinThe big question for many politicians isn't about ethics. Rather, it's whether to shell out $800 per ticket, plus hotel costs
and airfare.
MoreMovie Gallery files second bankruptcy in two years
February 4, 2010
Bloomberg NewsThe second-largest company in the movie-rental business behind Blockbuster Inc. is immediately closing 760 locations. The
chain operates 14 stores in central Indiana,
according to its Web site.
MoreBaldwin & Lyons swings to a fourth-quarter profit
February 4, 2010
J.K. WallIndianapolis-based trucking fleet insurer benefits from investment gains after large losses the previous year.
MoreLogistics firm closing in Plainfield, leaving 126 jobless
February 4, 2010
NAL Worldwide, which provides third-party logistics and supply-chain services, plans to close its Plainfield location March
31.
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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.