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News & Analysis
Shepherd lengthens its reach by merging with other charities
December 1, 2008
Kathleen McLaughlinShepherd Community Inc., a Christian-based organization serving the near-east side, is pulling other charities into its fold
at a pace not often seen in the local not-for-profit sector.
MoreIndiana bankruptcies soar
December 1, 2008
Peter SchnitzlerIndiana bankruptcies are rising toward levels not seen since Congress tightened filing rules three years ago, and experts
say stretched consumers and businesses probably won't reap benefits of an improved economy for at least a year.
MoreEli Lilly investing $100M in China, hoping to attract research partners
December 1, 2008
Brian SpegeleHoping to increase sales in China's rapidly growing pharmaceutical market, Eli Lilly and Co. is charging ahead
with
plans to invest $100 million in venture capital in the region over the next several years.
MoreSouthwest swoops in to benefit from ATA Airlines' bankruptcy
December 1, 2008
Chris O'MalleySouthwest is striking a deal to acquire ATA's valuable landing slots at LaGuardia
and most of the dying airlines' remaining assets for $7.5 million.
MoreNew IRL ethanol deal with Brazil angers U.S. corn growers
December 1, 2008
Anthony SchoettleThe Indy Racing League suddenly finds itself at odds with Midwestern farmers over a decision to make a Brazilian consortium
its ethanol supplier starting next year.
MoreStudy examines regional commuter rail types and their expense
December 1, 2008
Chris O'MalleyThe Metropolitan Development Commission has given city planners the green light to seek an expedited study that would provide
a clearer picture of what a comprehensive regional transit system could look like and how much it would cost.
MoreExit of anchor complicates Lafayette Square overhaul
December 1, 2008
Chip CutterThe demise of apparel retailer Steve and Barry's University Sportswear deals another blow to efforts to turn around the ailing
Lafayette Square Mall.
MoreVoice-mail firm's latest product helps clients collect overdue debts
December 1, 2008
Scott OlsonA growing number of companies strapped for cash and struggling to pay their bills on time is presenting an unusual opportunity
for Vontoo Inc., a local IT firm.
MoreState technology interests don't want economy to stifle progress
December 1, 2008
Peter SchnitzlerIndiana legislators are signaling that everyone who receives funding from state government must tighten their belts as tax
collections fall short of projections. That could cause pressure for cuts to key technology incentives.
MoreCompanies face pension-plan shortfalls
November 24, 2008
Chris O'MalleyPrivate employers that still offer traditional pension plans are getting a big shock as they assess how much more it will
cost to shoulder retirement obligations.
MoreBillions lost in state pension-fund fallout
November 24, 2008
Peter SchnitzlerIndiana's public pensions lost $5 billion in the 12 months ending Sept. 30.
MoreGreensfork Township State Bank to acquire local startup that failed to live up to high hopes
November 24, 2008
Cory SchoutenA rural Indiana bank that specializes in farm lending has agreed to buy Symphony Bank for less than the ambitious startup
spent to build its extravagant branch on 96th Street.
More$40M prison work program helps inmates, businesses
November 24, 2008
Whitney LeeIf you've ever cooked a hamburger over a grill at Shakamak State Park, sat in a hospital waiting room chair, or sipped from a water fountain, you may have used products made by Indiana convicts. Although offender work programs have been around since the 1920s, most Hoosiers know little about the Indiana Department of Correction's prison-based industries, which generate $40 million a year in revenue.
Central Indiana colleges on alert to slow spending
November 24, 2008
J.K. WallMost colleges and universities in central
Indiana are being especially frugal because the value of their university endowments has plunged along with the market,donations
may decrease, and enrollment may decline, due to lack of student loan availability.
MoreGreen Mountain entrepreneur compiles 17-percent stake in struggling Noble Roman's
November 24, 2008
Cory SchoutenRobert P. Stiller, a lifelong entrepreneur who built Green Mountain into a wholesale coffee giant with 7,000 customers and
$500 million in revenue, owns 3.4 million shares, or 17 percent of the Noble Roman's company.
MoreAutomotive Finance Corp. writes off $162 million, reflecting slow auto sales
November 24, 2008
Chris O'MalleySlowing auto sales have forced Carmel-based Automotive Finance Corp., which lends money to car dealers to buy used vehicles
at auction, to take a big write-off on the declining value of its loan portfolio.
MoreSiegel's NASCAR future in doubt after merger
November 24, 2008
Anthony SchoettleChip Ganassi's NASCAR team is teaming with Dale Earnhardt Inc. where Max Siegel has served as president of global operations
since early 2007, and the former Baker & Daniels attorney may be among many laid off in the merger.
MoreSelf-serve chili could help Charlie & Barney's grow nationally
November 24, 2008
Sam StallCharlie & Barney's is quietly expanding into unorthodox niches, placing its product in unusual places — like convenience
stores.
MoreIndiana's new superintendent of public instruction ready to tackle challenges
November 24, 2008
Scott OlsonTony Bennett, Indiana's new superintendent of public instruction, says his priorities include restoring discipline to the
classroom, recruiting topnotch teachers and adequately compensating
them, increasing the percentage of education dollars spent directly on instruction, and reducing regulations so schools can
focus more on student instruction.
MoreButler turns around flagging MBA program
November 24, 2008
Scott OlsonButler University's MBA program — once at risk of being eliminated — has been revamped to include more real-life
professional experiences, and enrollment has increased 63 percent.
MoreDespite recession, small businesses support charity
November 24, 2008
Kathleen McLaughlinIn the Indianapolis area, small-business owners told IBJ that they give in whatever
way they can, and would like to continue as long as their finances allow. But a Chronicle
of Philanthropy survey indicates that giving is already on the decline.
MoreHospitals seek mergers to save costs
November 17, 2008
J.K. WallMarion County hospital systems anticipate more mergers, possibly with each other.
MoreHumane Society woos animal-right welfare community
November 17, 2008
Kathleen McLaughlinJohn Aleshire, the executive director of the Humane Society of Indianapolis, is rolling out policies that please animal advocates.
MoreDreyer & Reinbold adds Maserati luxury line
November 17, 2008
Chris O'MalleyIn the midst of one of the worst financial markets in decades, Dennis Reinbold has launched Maserati of Indianapolis at his
Dreyer & Reinbold BMW Infiniti-Mini complex on the north side.
MoreSteak n Shake seeks younger customers
November 17, 2008
Cory SchoutenSteak n Shake hopes to create buzz with its new marketing plan targeting youth.
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My favorite magician is Mickey in Fantasia.
I ate at a Steak n Shake a couple of weeks ago and was amused to see a poster of him (and a lineup of employees) just inside the entrance. You don't see that at other chains -- OK maybe Dave the Wendy's guy, but that was when he was also in their TV ads.
Well he wasn't a magician in the latest movie, but up in Fort Wayne he was featured on Happy the Hobo when I was a kid and I LOVED THE SHOW!
Shake Shack>Steak n' Shake
I really enjoyed the Hollywood Bar and Film works, they had good food and decent prices I understand that parking was one of the reasons for its closing. If other major events were going downtown parking was expensive if not impossible. Hope the new cinema bar will have parking.