IBJ Staff

Indianapolis Parks & Recreation has received a four-year commitment of $1.2 million in grants to support after-school learning programs at eight Indianapolis Public Schools locations. The grant will offer $350,000 in each of the first two years, then $280,000 the third year and $245,000 in the final year. The federal 21st Century Community Learning Center […]

Duke Gold’s Speedway International Inc., a longtime Volkswagen and Subaru car dealership on the northwest outskirts of downtown, went out of business Friday after its owner, Larry “Duke” Gold, died of a self-inflicted gunshot. The cause of the Nov. 19 death was ruled a suicide by the Marion County Coroner’s Office. Gold, 49, was found […]

Merger talks appear to have ended between the two hospitals in Bedford, one of which is owned by Indianapolis-based Clarian Health. The board of governors of Dunn Memorial Hospital issued a statement to the Times-Mail of Bedford that says the hospital “no longer wishes to continue affiliation discussions” with Clarian, which operates Bedford Regional Medical […]

St. Vincent Health is in discussions with leaders of a 25-bed hospital in Salem, which is halfway between Bedford and Louisville, according to Business First Louisville. Directors of Washington County Memorial Hospital are talking with St. Vincent officials about becoming an affiliate of the Indianapolis-based hospital system. Business First reported that both hospitals have signed […]

Plans to build a $1.5 billion plant in southwestern Indiana to turn coal into natural gas have been put on ice. The developer, Indiana Gasification LLC, yesterday pulled its application to the Indiana Utility Regulatory Commission, according to The Times of Munster and the Evansville Courier & Press. The project, which was to be built […]

OneAmerica Financial Partners has extended its title sponsorship of the 500 Festival Mini-Marathon for a second round of five years, beginning in 2010. The price wasn’t disclosed in a release today from 500 Festival Inc., which puts on the race. In 2006, the latest year for which 500 Festival contributions were made public, the festival […]

Evansville-based Old National Bancorp has signed an agreement to buy the 65 Indiana branch offices of Charter One, according to a filing with the Securities and Exchange Commission. Charter One is owned by Citizens Financial Group of Providence, R.I.; Citizens is owned by Royal Bank of Scotland Group Plc. The deal includes $397 million of […]

Telephone, Internet and television provider Comcast has closed its Anderson call center and moved nearly all of the 39 jobs to its expanding call center in Fishers. Comcast also is closing three other call centers in the state in order to concentrate on locations in Fishers, Fort Wayne and Bloomington, according to The Herald Bulletin […]

Declines in house sales continued in October, the Metropolitan Indianapolis Board of Realtors reported yesterday. Units sold in the 13 counties tracked by the trade group plummeted 24 percent, to 1,726, from last October. The median sale price fell 3 percent, to $115,000. All 13 counties showed declines in unit sales. Sale prices were not […]

Indianapolis-based Eli Lilly and Co. said today that it has closed its acquisition of ImClone Systems Inc., a New York-based developer of cancer drugs. Lilly paid $70 in cash for each share of ImClone in a deal worth about $6.3 billion. Lilly outbid New York rival Bristol-Myers Squibb Co., but analysts question whether Lilly will […]

Several layoffs have been announced in the past few days, according to Indiana media outlets and notices filed with the state. -Bluegreen Corp. of Boca Raton, Fla., is closing its Indianapolis office by Jan. 20, tossing 92 out of work. The company markets vacation time-share arrangements. -MI Windows & Doors Inc. shuttered its plant in […]