Decatur-based Porter Inc. has laid off another 62 workers, the latest round of cost-cutting for the troubled boat manufacturer. The northeast Indiana company has laid off 225 workers in the last 90 days. And since 2007, the company has reduced its work force from a peak of 600 employees to about 130, plant manager Pat […]
A little girl missing for more than 15 hours has been found. Indianapolis Police located 8-year-old Annalexass Van Duyn today just after 8 a.m. She disappeared yesterday at 5:15 p.m after leaving for a friend’s house in the 3700 block of Gladstone Avenue, a block-and-a-half away from her home. She was found in another person’s […]
Simon Property Group Inc. plans to hoard cash this year to purchase property that may come on the market, said David Simon, CEO of the Indianapolis-based mall owner. Simon made the comments this morning at a Citigroup 2009 Global Property CEO Conference in Naples, Fla., Bloomberg News reported. “We are going to hoard and warehouse […]
Sixty-nine employees will lose their jobs when Sears Holdings Corp. closes its second store in the Indianapolis area this year, the company confirmed today. The Sears Essential location in Noblesville will close May 31. About 110 employees lost their jobs in January after the struggling retailer vacated its store at Lafayette Square Mall. Locally, Sears […]
Indianapolis-based Marsh Supermarkets Inc. said today it plans to open its first new store in almost a year. Marsh will open a Hometown Market store in the Chapel Hill neighborhood of Indianapolis in late spring. The store, at 7405 W. 10th St., will take over the site of a former O’Malia Food Market that […]
Existing home sales in central Indiana slid 16 percent for the three-month period ending Jan. 31, the Metropolitan Indianapolis Board of Realtors reported today. Compared with the same time period the previous year, units sold in the 13 counties tracked by the trade group dropped to 4,458 from 5,336. The median sale price fell 13 […]
Four Indiana companies are among Fortune magazine’s top 363 most-admired companies worldwide. Although none cracked Fortune’s top 50, Indianapolis-based Brightpoint Inc., Simon Property Group Inc. and WellPoint Inc., as well as Columbus-based Cummins Inc., helped push Indiana into a tie for 19th place among states. California led all states with 38 companies on the list. […]
Carmel Mayor Jim Brainard is expected to answer questions tonight at Carmel’s city council meeting about the escalating cost of the massive Keystone Avenue project. The chair of Hamilton County’s Democratic Party is asking the mayor for full disclosure. The improvements, which include plans for six new roundabouts, originally were projected to cost less than […]
South-side commuters have a new option to get to downtown Indianapolis. IndyGo launched its new Greenwood route this morning. The bus leaves from the Meijer store off State Road 135 and arrives at several spots downtown. One-way fair is $3.
An Indianapolis police officer ended up in Methodist Hospital with minor injuries after a hit-and-run accident early this morning in the 1800 block of West Washington Street. Police say the driver who hit the officer ditched his car at the scene and ran off.ISTEP+ testing starting todayToday is the first day of Indiana Statewide Testing […]
The legal woes continue for National Lampoon Inc., the Los Angeles-based magazine publisher and movie production company led by Indianapolis businessman Tim Durham. Court documents filed by the landlord of National Lampoon’s West Hollywood headquarters say it owes nearly $40,000 in back rent and could be evicted for nonpayment, according to entertainment news Web site […]
Duke Realty Corp. has ended a year-long stretch without a chief financial officer, hiring Christie B. Kelly to the post effective Feb. 27, the Indianapolis-based company announced today. Kelly, 47, a former financial executive at General Electric Co. and Lehman Brothers Inc., replaces Matthew Cohoat, who stepped down last March. Kelly most recently was senior […]
Conseco Inc. said this morning that its auditors are considering including a clause in the company’s annual report expressing uncertainty about whether it can remain a “going concern.” The Carmel-based insurer also said preliminary fourth-quarter results indicate it lost $406.8 million or $2.20 a share. Driving down results was an $88 million loss in its investment […]
Leaders on both sides of the aisle have called for streamlining township government, and it’s time to demand that our legislators
make those changes.
Baker & Daniels attorney Max Siegel was recently named to the USA Track & Field board and will play a role in a restructuring
of the sports sanctioning body headquartered in Indianapolis.
A $1.5 million Kresge Foundation grant will help The Children’s Museum of Indianapolis close in on its $74 million fund-raising
goal.
The private Todd Academy plans to move into a historic building at the northwest corner of East and New York streets in Lockerbie
Square.
The Mind Trust, an Indianapolis-based not-for-profit that supports education reform, is sponsoring an art show March 6 at the Harrison Center for the Arts.
Rolls-Royce is courting customers for its RR500TS helicopter engine, unveiled recently at Heli-Expo in Anaheim, Calif.
The recovery experts at Fairbanks Alcohol and Drug Treatment Center last year launched a recovery management program, thanks to a $200,000 grant from the Nina Mason Pulliam Charitable Trust.
