Indianapolis-based Simon Property Group Inc. is supporting Target Corp.’s efforts to maintain ownership of its real estate rather than transferring it into a separate company as an activist shareholder is suggesting. Pershing Square Capital Management, a hedge fund engaged in a proxy battle with the Minneapolis-based retailer, is proposing that Target put its real estate […]
Indianapolis-based Simon Property Group Inc. is supporting Target Corp.’s efforts to maintain ownership of its real estate rather than transferring it into a separate company as an activist shareholder is suggesting. Pershing Square Capital Management, a hedge fund engaged in a proxy battle with the Minneapolis-based retailer, is proposing that Target put its real estate […]
Columbus, Ohio-based Franklin University has signed a lease in the Allison Pointe Office Park on the northeast side of Indianapolis and plans to offer classes beginning this fall, the college said today. The 107-year-old school, which has enrollment of 11,000 at its main campus in Columbus and three suburban locations, announced April 21 that it […]
Police in Cumberland, east of Indianapolis, are searching for people who set off a pipe bomb in Lions Park late last night. After neighbors reported an explosion, officers found a foot-wide crater in the ground and a smoldering duffel bag they believe contained at least one bomb. They found a second duffel bag with several […]
Uninsured drivers are on the road in increasing numbers these days, sticking legal drivers with the bill in accidents and boosting the cost of insurance. Fox 59 will have more at 10 p.m.
Indianapolis-based Interactive Intelligence Inc. has acquired AcroSoft Corp., a Columbia, S.C., firm that provides document-management services to the insurance industry, the companies announced today. Terms of the deal were not announced, but Interactive Intelligence said the all-cash acquisition is not expected to have a material impact on its financial results. AcroSoft, founded in 1996, has […]
Precise Path Robotics, ExactTarget and Scale Computing were among the big winners Saturday night at TechPoint’s Mira Awards, which honor the state’s top-performing companies, schools and individuals in technology-related pursuits. The annual awards were presented by the statewide business-development group at the Westin Hotel in downtown Indianapolis. Carmel-based Precise Path, the brainchild of local tech […]
Occupancy at Wishard Hospital was 98 percent before the recession and is still that high, and more people have been coming as inpatients and as mental health patients, forcing the hospital to come up with creative ways to handle the load.
A new scholarship to promote teaching math and science in “high-need” schools was awarded to . 59 recipients, and most of them are changing professions to become teachers.
Locally based Synergy Marketing Group Inc., which was founded in 2002, is making a name for itself with out-of-state companies
launching operations in central Indiana.
The Indiana Recycling Coalition scored big in the just-concluded session of the Indiana General Assembly with the passage
of House Bill 1589, which requires that electronics manufacturers help pay for recycling of their old televisions and computer
monitors.
The electronics accessories unit of Audiovox Corp. in Carmel is gaining from the rise in antenna sales ahead of the June 12
switch to all-digital TV broadcasting.
School on Wheels provides a continuum of academic care for homeless children by tackling one of the leading causes of homelessness:
lack of education.
Locally based Flaherty & Collins Properties plans to build retail and residential space on land that surrounds two downtown public housing towers.
Interior designers in Indiana, who have been pushing for the chance to become certified, finally got their wish.
While the Marian College cycling team has been off this month hunting national championships in Colorado, a plan by school officials to manage the Major Taylor Velodrome has not yet won support from Indy Parks.
Indianapolis still looks like a city with momentum, despite the dismal economy. But appearances can be deceiving.
Indianapolis still looks like a city with momentum, despite the dismal economy. But appearances can be deceiving. A quick tour reveals what would seem to be progress. One wouldn’t expect to see construction cranes swinging over downtown, not with bank credit frozen and the commercial real estate sector bracing for a wave of foreclosures later […]
