Adam Herbert agreed with Athletic Director Rick Greenspan’s recommendation to hire basketball coach Kelvin Sampson, the former IU president said in an interview published today in The Florida Times-Union of Jacksonville. In his first interview about Sampson and the recent NCAA allegations about improper recruiting calls, Herbert said he, Greenspan, Sampson and two IU trustees […]
The Anderson Parks Board has agreed to let the city’s redevelopment commission sell land that Hoosier Park horse track sits on to the track’s owner, Indianapolis-based Centaur Inc. Hoosier Park leases the land for nearly $190,000 a year, according to The Herald Bulletin of Anderson. Centaur would buy the land for $750,000 over five years […]
A reorganization by New York-based bank giant Citigroup has resulted in 194 layoffs at the company’s statement-processing offices in South Bend. The workers were told last week that their jobs would disappear by the end of June, according to the South Bend Tribune. The operation, formerly Associates First Capital, was acquired by Citigroup in 2000.
An improved economy might result in construction on the Cabela’s store at Greenwood resuming as early as next year, according to the Daily Journal of Franklin. The project was brought to an abrupt halt by the Sidney, Neb., outdoor retailer in January after the slowing economy began to hurt sales at stores it opened last […]
Kroger Co., the grocery chain headquartered in Cincinnati, said today it is starting a “television network” that will pipe video into employee break rooms and possibly other locations. The video will tout everything from Indiana Gov. Mitch Daniels’ InShape Indiana health program to communications with food bank personnel. Production of the videos for the central […]
Indiana University men’s basketball players are threatening to boycott the remainder of the season if coach Kelvin Sampson is forced out, CBS Sports reported this morning. CBS says players made the threat during a heated meeting last night with Athletic Director Rick Greenspan. For more, go to The Score, IBJ’s sports blog.
Officials of Johnson Memorial Hospital in Franklin are refusing to disclose some terms of the contract with its new CEO, Larry Heydon. Neither Heydon nor trustees of the 149-bed hospital, which is owned by Johnson County, will discuss the length of the contract and any severance package Heydon might have been offered, among other details, […]
Purdue University’s colleges of engineering and technology each will receive $1.1 million in planned gifts from 1976 engineering graduate Rick Kosdrosky and his wife, Cheryl. The donations, announced today, are unrestricted, which means the colleges will be able to use them as they wish. The pledges will be paid when the couple dies. Both Rick […]
The 200-plus workers EDS plans to add at Purdue Research Park will be housed in 45,000 square feet of a new, 78,000-square-foot office building. Called Innovation Center, the building will open in early 2009, the university said as part of this afternoon’s announcement. Many of the new positions will be software engineers and business analysts. […]
Hotel giant White Lodging Services said today it will expand its headquarters in the northwestern Indiana town of Merrillville and add 100 jobs within four years. Two buildings on the town’s southwest side will be renovated at a cost of $4 million. The project will result in 60,000 square feet of space, according to the […]
Brian W. Casey, a Harvard University administrator, has been chosen as the next president of DePauw University. DePauw officials were scheduled to make the announcement this morning. Casey, 44, has been associate dean for academic affairs in the faculty of arts and sciences at Harvard since 2005. Prior to that post, Casey was assistant provost […]
Officials and business owners in Yorktown say employees of Marsh Supermarkets claim the grocery store chain is considering moving jobs to their town from the company’s Indianapolis headquarters. However, The Star-Press of Muncie reported, Marsh wouldn’t confirm or deny the talk. Also, Roy Budd, who leads a Muncie-area economic development group called Energize-ECI, cautioned that […]
Construction on the Getrag transmission plant north of Indianapolis will resume Monday, now that the German transmission maker and its partner on the project, Chrysler LLC, have settled a dispute. The companies wouldn’t discuss the issue that caused work on the $530 million project near Tipton to grind to a halt on Dec. 21, according […]
Xenia Miller, the widow of Columbus industrialist J. Irwin Miller, died Tuesday at the age of 90, according to The Republic of Columbus. The Morgantown native supported causes ranging from downtown redevelopment to bringing to Columbus art by Dale Chihuly, whose tower of blown glass is a permanent sculpture in the Children’s Museum of Indianapolis. […]
Republican presidential candidate John McCain is coming to Emmis Communications Corp. headquarters on Monument Circle, McCain’s campaign said yesterday. McCain is scheduled to appear Friday at 9 a.m. Is McCain venturing into enemy territory, considering Emmis CEO Jeff Smulyan traditionally supports Democrats and has contributed to both Hillary Clinton and Barack Obama? “Our lobby is […]
Mercantile Bancorp Inc., a Quincy, Ill., holding company with locations in four states, plans to open a loan-production office in Carmel as the bank’s entry into Indiana. Headed by former First Indiana Bank Vice President Kevin Murphy, the office will focus on business loans of $5 million to $15 million. Mercantile CEO Ted Awerkamp said […]
Contributions from the 2007 fund-raising campaign for United Way of Central Indiana will increase 5.4 percent from 2006, the not-for-profit projected today. The record $39 million is expected to be $2 million over the prior year. President and CEO Ellen Annala attributed the increase to campaign co-chairmen who put their own money on the line […]
An agreement could be near in the long-running dispute between the towns of Whitestown and Fayette in Boone County. County commissioners are considering signing a compromise that would dismiss a lawsuit brought against the county last year by Whitestown and Carmel developer Brenwick Associates LLC, according to the Lebanon Reporter. The suit challenges the incorporation […]
Calumet Specialty Products Partners LP reported yesterday that fourth-quarter profit plummeted to $7.8 million from $32.1 million a year earlier. The Indianapolis company said oil prices increased faster than it could raise prices on the lubricants, fuel and other products it refines. For the year, Calumet had profit of $82.9 million compared to $95.6 million […]
The Marion City Council has approved issuing up to $10 million in bonds to be used by Veriana Networks LLC to buy and equip headquarters it has said it wants to build in the Grant County community. In October, Veriana, a startup specializing in technology, media and risk management for the entertainment industry, announced its […]
