Articles

CIB can’t count on mall funders

If the Capital Improvement Board comes, hat in hand, looking for help, we trust the investing companies will carefully weigh the benefits they’ve derived from the city and its thriving downtown before delivering an answer.

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Cookie revenue spread thin

Ever wondered, as you shell out $3.50 for each of those precious boxes of cookies, how much cash goes directly to the Girl Scout troop?

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DINING: ADOBO GRILL-WEB ONLY

I had friends who insisted for years that, when they went to Chicago, they had to go to Adobo Grill. When the restaurant opened up a location on Indy’s north side, those same friends, rather than celebrating, didn’t get around to dining there. And now that Adobo has moved downtown (its former space became the […]

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EDITORIAL: Generosity has its limits-WEB ONLY

The Capital Improvement Board, short of cash and doing whatever it can to remain solvent, is considering asking a group of original investors in Circle Centre mall to forgive $34 million they loaned the city toward the construction of Conseco Fieldhouse back in 1997. Fair enough. The companies that invested demonstrated they were civic-minded when […]

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DINING: ADOBO GRILL-WEB ONLY

I had friends who insisted for years that, when they went to Chicago, they had to go to Adobo Grill. When the restaurant opened up a location on Indy’s north side, those same friends, rather than celebrating, didn’t get around to dining there. And now that Adobo has moved downtown (its former space became the […]

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Kite takes hit from Circuit City’s fall-WEB ONLY

Circuit City’s demise was bad news for Indianapolis-based developer Kite Realty Group during the fourth quarter of 2008. Despite higher revenue, Kite suffered a $2 million loss in the period ended Dec. 31 due to the bankruptcy of the national electronics retailer, which had been the developer’s seventh largest tenant. The company released its quarterly […]

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Lafayette woman wins $157M in lawsuit-WEB ONLY

A jury has awarded a Lafayette woman $157 million dollars in a lawsuit against the makers of a tree stand that malfunctioned, leading to the death of her husband. Carol Simonton filed the lawsuit in February 2006, four months after her husband, Timothy Simonton, 42, was found hanging from a tree where he had been […]

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Poor road conditions blamed in school bus crash-WEB ONLY

Indianapolis police think wet roads caused a crash that forced a school bus into a Lawrence Township ditch yesterday. Officers say a pickup truck lost control on Fall Creek Road and slammed into the bus. All 15 Fall Creek Valley Middle School students on board were sent to the hospital. Two suffered minor injuries. The […]

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Non-utility unit drags down Vectren profit-WEB ONLY

Evansville-based utility Vectren Corp. reported profit of $37.1 million in the fourth quarter of 2008, a 7-percent dip compared with the same period the previous year. Profit for the quarter ended Dec. 31 was 46 cents per share, a penny short of analyst estimates. Profit for the entire year declined nearly 10 percent, to $129 […]

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