Finalists have been selected for Purdue University’s Burton D. Morgan Business Plan Competition, which will award a total of $100,000 in prize money to winners in an effort to spur entrepreneurship. Finalists will make their business-plan presentations Feb. 24 from 8:30 a.m. to 4:15 p.m. in Discovery Park’s Burton D. Morgan Center for Entrepreneurship in […]
President Barack Obama plans to sign the $787 billion economic stimulus bill into law today in Denver. The spending plan is expected to provide Indiana with more than $6 billion in direct federal funding. Fox 59 News will have more at 10 p.m.
Central Indiana home sales plunged nearly 16 percent last month, compared with a year earlier, according to a report released yesterday by Landrigan & Co., an Indianapolis residential real estate firm. Landrigan said January sales in 13 area counties, including Marion, totaled 1,177, down from 1,395 in the same month last year. The average sales […]
Denmark-based NeuroSearch has signed an agreement with Indianapolis-based Eli Lilly and Co. to form a three-year drug discovery and development alliance to investigate treatments for central nervous system disorders. Lilly will spend $30 million in the next three years on the alliance. Of that amount, Lilly will pay $17 million to buy NeuroSearch stock, according […]
Republic Airways Holdings Inc. yesterday reported lower revenue and profit for the fourth quarter of 2008, but the financial performance exceeded analysts’ expectations. The Indianapolis-based airline had revenue of $339.3 million for the quarter ended Dec. 31-3.6-percent less than the $351.8 million it reported for the same period of 2007. The company had profit of […]
Wabash National Corp. capped a dismal 2008 with an even worse fourth quarter, the Lafayette-based truck-trailer manufacturer reported late yesterday. The company lost $110.7 million, or $3.69 per share, in the fourth quarter, which ended Dec. 31, on revenue of $230.7 million. It made $5.6 million in the same period of 2007 on revenue of […]
Finalists have been selected for Purdue University’s Burton D. Morgan Business Plan Competition, which will award a total of $100,000 in prize money to winners in an effort to spur entrepreneurship. Finalists will make their business-plan presentations Feb. 24 from 8:30 a.m. to 4:15 p.m. in Discovery Park’s Burton D. Morgan Center for Entrepreneurship in […]
Carmel officials are expected to vote tonight on a controversial plan to spend $20 million on a plan to turn six intersections along Keystone Avenue into roundabouts. The original price tag for the project was $90 million, but Carmel Mayor Jim Brainard later called for an additional $50 million to fund the construction. Tonight, the […]
A town hall meeting later today will give Hoosiers a chance to discuss whether Indianapolis workplaces should go smoke-free. Last week, an Indiana House committee approved a bill that would ban smoking in most public places except casinos and certain bars and hotels. A panel that includes a family nurse practitioner, the leader of Indiana […]
A new presenting organization for Indy Jazz Fest hopes to strike the right note with a summer music festival that has been on a financial roller coaster since its founding 10 years ago. The Indy Jazz Fest Corp. – a partnership of the Jazz Kitchen nightclub and restaurant, the Owl Studios downtown recording company and […]
The University of Indianapolis has added five trustees to its board, including former Indianapolis mayor Bart Peterson. Since losing his bid for a third term as mayor in 2007, Peterson has worked as a resident fellow at Harvard University’s Institute of Politics and as chairman of the Mind Trust, an education not-for-profit he co-founded in […]
It’s time for Indiana to get rid of a law that limits liquor distribution to in-state companies.
The Pacers Foundation Inc. eclipsed more than $700,000 in giving in 2008, according to Pacers Foundation Executive Director Jami Marsh.
Two partners at the Bingham McHale LLP law firm are taking five lawyers with them to form a firm that will concentrate on insurance defense work.
U.S. District Court Judge Larry J. McKinney upheld sanctions against Dennis E. Murray Sr. in his legal battle with Carmel-based insurer Conseco Inc.
The Indiana Economic Development Corp. has a new second-in-command—attorney and land developer Chad Pittman.
The Nature Conservancy is finalizing plans for a $4.4 million headquarters at 620 E. Ohio St.
The Indianapolis Symphony Orchestra will look to volunteers to help cover the work done by eight people who were laid off last week in a move to trim $600,000, or 2 percent, from the $29.5 million annual budget.
MD Logistics has completed a coldstorage facility for pharmaceutical products in its hometown of Plainfield.
United Way is spending $114,000 to bring Project Seed, a program with specially trained math experts, to 11 Indianapolis Public Schools.
