Articles

IMA wins key grant for lab

The Indianapolis Museum of Art is one step closer to establishing its first conservation science lab, which Conservator-in-Charge David Miller said would put the IMA on par with museums in New York, Chicago and Boston—at least in terms of technology.

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NFP of NOTE: Fairbanks

Fairbanks is focused on recovery from alcohol and other drug problems, serving as a resource to improve the well-being
of individuals, families and communities by offering hope and support through its programs and services.

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EDITORIAL: CIB failure isn’t an option-WEB ONLY

These are scary times for the Capital Improvement Board, the entity that owns the city’s major sports venues and the expanding, and increasingly vital, Indiana Convention Center. Saddled with the prospect of a $50 million shortfall in the next few years, CIB is scrambling for a plan to stay solvent. The temptation to lay blame […]

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Three local companies cut hundreds of jobs-WEB ONLY

Two companies informed the state today that their closings collectively will leave 321 people out of work, while another, HHGregg Inc., said it will cut 51 jobs by outsourcing its delivery operations. Indianapolis-based telemarketer TeleServices Direct Inc. will slash 279 positions, including 247 sales representatives, and close its call center in Lafayette by April 4. […]

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Lilly CEO compensation rises to $10.8M-WEB ONLY

Eli Lilly and Co. CEO John C. Lechleiter saw his compensation spike nearly 28 percent in 2008 as he took over the top job at the Indianapolis-based drugmaker. Lechleiter received $10.8 million in salary, bonus, stock and perks during the year, according to a preliminary proxy statement filed today by Lilly with the U.S. Securities […]

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Hill-Rom revenue up, but forecast not bright-WEB ONLY

Batesville hospital equipment manufacturer Hill-Rom Holdings Inc. saw revenue increase to $351.6 million in its first fiscal quarter, 3 percent better than the same period last year. Profit from continuing operations was up 15 percent, to $14.2 million. But the company doesn’t expect its good fortune to continue. Its hospital customers began slashing their capital […]

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Ballard to reveal plans for federal grant money-WEB ONLY

Indianapolis Mayor Greg Ballard this afternoon will announce the city’s plan for spending $29 million in federal money. Part of a Neighborhood Stabilization Plan, the funds originally were allocated to the Department of Housing and Urban Development. Fox 59 will have more at 10 p.m.

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Court expected to rule on assets for pilot’s wife-WEB ONLY

A judge could permanently freeze the financial assets of Marcus Schrenker’s estranged wife as early as today. Michelle Schrenker was the chief financial officer of his company. Investigators are trying to determine how much of a role she may have played in her husband’s alleged financial fraud. Marcus Schrenker also faces federal charges for bailing […]

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Man reports fire, arrested for arson-WEB ONLY

A man is behind bars this morning after police say he reported a vacant house fire that he set himself. Firefighters were called to the 1200 block of North Sheffield Avenue about 12:30 a.m. by someone inside the house who said the walls were burning. Crews reported smelling gasoline in the home’s top floor after […]

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