Articles

Fortune ekes out profit despite falling revenue-WEB ONLY

Indianapolis-based Fortune Industries Inc. managed a small profit in its second quarter even after the sales of subsidiaries drastically cut revenue, the company announced this morning. Revenue for the quarter ended Feb. 28 fell to $16.4 million, compared to $41.9 million in the same period a year ago – a 61-percent decrease. Fortune, a professional […]

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Steel plant closure puts 400 out of work-WEB ONLY

ArcelorMittal SA plans to shut down steel-bar operations at its East Chicago plant, resulting in layoffs for 400 employees, the Chicago Tribune reported yesterday. The layoffs of both union and non-union workers affect 8 percent of the plant’s work force, the newspaper said. The closure will be indefinite. Luxembourg-based ArcelorMittal produces about 10 percent of […]

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Angie’s List CEO funds Purdue professorship-WEB ONLY

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 Bill Oesterle, co-founder and CEO of Indianapolis-based Angie’s List, has donated $1 million to Purdue University to create the school’s first endowed professorship in information technology, the university announced today. The professorship, named the Olga Oesterle England Professorship of Information Technology, will first be held by […]

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Part of Keystone Avenue closed in Carmel-WEB ONLY

A major section of Keystone Avenue in Carmel is now closed for construction. Keystone between 131st Street and U.S. 31 will remain shut down for about 45 days. Carmel city leaders say the closure will help save more than a half-million dollars in construction costs and allow the new Keystone-136th Street interchange to open before […]

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Body found in White River may be missing boater-WEB ONLY

Police hope they have solved the case of a boater last seen on Valentine’s Day. Crews were called to the 4300 block of North Michigan Road yesterday after a bird watcher spotted a body in the White River. Ethan Runnels vanished two months ago while canoeing. Investigators won’t be able to make a positive identification […]

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Overnight crash kills one on northwest side-WEB ONLY

One person is dead after an accident about 1 a.m. today involving a pickup truck and a semi on 71st Street near Hollingsworth Drive in Indianapolis. The driver of the pickup died at the scene and the driver’s passenger was in serious condition at Wishard Hospital.

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Home sales down, but improving in some areas-WEB ONLY

March home sales in central Indiana were down 2.7 percent compared with the same month last year, but the regional housing market could be showing signs of a rebound, according to F.C. Tucker Co. statistics released today. Overall, pending home sales for the region fell from 2,362 in March 2008 to 2,298 last month. Marion […]

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Barnes & Thornburg opens Ohio office-WEB ONLY

Barnes & Thornburg LLP this morning announced the opening of its second new office within the past week – this one in Columbus, Ohio. The Indianapolis-based law firm’s Columbus office is its first foray into Ohio. It follows the Atlanta office that the law firm launched last week. Barnes & Thornburg now has nine locations […]

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Home sales down, but improving in some areas-WEB ONLY

March home sales in central Indiana were down 2.7 percent compared with the same month last year, but the regional housing market could be showing signs of a rebound, according to F.C. Tucker Co. statistics released today. Overall, pending home sales for the region fell from 2,362 in March 2008 to 2,298 last month. Marion […]

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Barnes & Thornburg opens Columbus, Ohio, office-WEB ONLY

Barnes & Thornburg LLP this morning announced the opening of its second new office within the past week – this one in Columbus, Ohio. The Indianapolis-based law firm’s Columbus office is its first foray into Ohio. It follows the Atlanta office that the law firm launched last week. Barnes & Thornburg now has nine locations […]

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