January 12, 2013
J.K. WallInvestors have dumped the already-depressed shares of ITT Educational Services Inc. after the operator of for-profit colleges
shelled out $46 million for bad private student loans it had backed to help students pay the portion of its pricey tuition
that federal loans won’t cover. With fewer ITT graduates able to find jobs, the default rates on these loans has spiked.
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January 8, 2013
The seven-member council chose John Weingardt as president and Pete Peterson as vice president. Weingardt replaces Scott Faultless,
who had been president since 2001.
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January 8, 2013
Associated PressGun enthusiasts are snapping up weapons faster than they can be replenished. And applications for gun permits spiked sharply
toward the end of 2012.
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January 5, 2013
Kathleen McLaughlinCentaur Holdings LLC plans to concentrate all thoroughbred racing at Indiana Downs in Shelbyville and all standardbred harness
racing at Hoosier Park in Anderson once it clears regulatory hurdles to take control of the Shelbyville track.
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January 5, 2013
Chris O'MalleyCNO Financial Group’s stock price has nearly doubled since Ed Bonach took the helm in October 2011. Some analysts that
follow the successor to Conseco Inc., which a decade ago was the nation’s third-largest Chapter 11 bankruptcy reorganization,
now regard CNO as an attractive value play.
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January 5, 2013
Andrea Muirragui DavisIndiana has three certified, not-for-profit SBA microloan intermediaries, which not only make short-term microloans—as
any lender can—but also use the SBA grants they receive to offer business coaching along with the financing.
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January 5, 2013
IBJ StaffThe Carmel-based owner of Bankers Life and other insurance companies has seen its stock rise as it restructures debt.
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January 3, 2013
IBJ StaffSteel Parts Manufacturing Inc. says it plans to close its plant in Tipton, ending employment for 173 workers. The company
told the state the closure and layoffs will begin Feb. 28 and end by March 14.
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January 2, 2013
Associated PressA central Indiana town is suing Indiana American Water Co., seeking to wrest control of local water services from the utility.
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December 28, 2012
Associated PressOther than bragging rights and a plaque on the wall, what's the value of energy and environmental design certification for
the city and taxpayers?
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December 22, 2012
Dan HumanChrysler Group LLC is betting on huge sales gains to justify the more than $374 million it is considering investing in Kokomo
and Tipton to make a new line of nine-speed transmissions.
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December 22, 2012
Penalties will help fund clean-up of East Washington Street site.
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December 22, 2012
Dan HumanThe Central Indiana Land Trust has developed a 60-page strategy that identifies more than 300,000 acres that have conservation
potential throughout the 3.1 million acres in Marion County and its eight surrounding counties.
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December 20, 2012
Associated PressHoward Gwinn worked as a teacher and a Chicago-based pharmacist before opening shop at Fifth Street and Madison Avenue in
Anderson in 1932. The drugstore he founded was a neighborhood fixture until closing Wednesday night.
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December 18, 2012
Tom HartonGershman Brown Crowley Inc. is in the process of getting design approval from the city of Carmel for a 9,600-square-foot retail
building and a 13,200-square-foot CVS pharmacy.
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December 15, 2012
J.K. WallA license plate tax of $20 to $50 per car will be one of a raft of proposals considered by the Legislature next year as a
way to fix a hole in funding for road maintenance, and to keep expanding Indiana’s system of highways.
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December 15, 2012
Federal, state grants will fund study of project intended to serve growing corporate clientele.
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December 14, 2012
Associated PressChrysler Group LLC is seeking tax incentives for its transmission plant in Kokomo at the same time it's asking Tipton
County officials for similar incentives on a vacant plant.
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December 13, 2012
Associated PressJohnson County commissioners voted unanimously this week to repeal a tough new public smoking ordinance less than a month
before it was scheduled to go into effect.
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December 12, 2012
Associated PressHealth officials in central Indiana say a material resembling red crushed pepper that apparently sickened 32 workers at an
Amazon distribution center in Plainfield was organic and not a threat to anyone's health.
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December 11, 2012
Tom HartonThe Nash, a three-story, $10 million mixed-use building, is to be built just south of City Center on the west side of Rangeline
Road.
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December 8, 2012
Compact car made in Greensburg usually gets rave reviews from critics, but last year's model was slammed for poor handling
and a 'cheap' interior.
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December 8, 2012
Dan HumanA deal struck 25 years ago brought Subaru-Isuzu to Indiana. Toyota followed in 1996, and Honda came in 2008. The three Japanese
automakers now collectively employ 10,000 and support thousands more jobs at suppliers across the state.
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December 8, 2012
Cory SchoutenIt seems as if all of Fishers is under construction—and not just the perpetual improvements to Interstate 69. Developers
have lined up a multitude of deals adding residential and commercial space, projects that are coinciding with the town’s
recent voter-approved transition to a city.
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December 8, 2012
Anthony SchoettleNew Hulman and Co. CEO Mark Miles will focus in his new role on all of Hulman & Co.’s ventures—including real
estate holdings and Clabber Girl. But his biggest challenge will be turning around the money-losing IndyCar Series and bolstering
one of the region’s most famous landmarks—the Indianapolis Motor Speedway.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.