Articles

Gambling industry to spend $1.2 billion on upgrades

Six of seven Indiana casinos on Lake Michigan and the Ohio River plan to plow a total of $1.2 billion into upgrades to expand and ward off potential competition from other states, according to The Courier-Journal. The Louisville newspaper said they particularly want to protect highly profitable operations should Kentucky or Ohio expand gambling.

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Brown County fire might not hammer tourism

The overnight fire at Seasons Lodge & Conference Center in Nashville is unlikely to severely drain the Brown County community’s life blood of tourism, according to Teresa Anderson, CEO of the Brown County Convention & Visitors Bureau. Damage to the 80-room hotel is still being assessed. None of the 18 guests were injured, according to the Brown County […]

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Downtown AT&T office to end operator services

AT&T plans to shut down operator services in Indianapolis, displacing 55 workers by April. The shutdown does not constitute all operations at the location, but a call to AT&T’s Chicago headquarters for additional information was not immediately returned.

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First Internet closes Landmark Financial acquisition

First Internet Bancorp has closed its $12 million acquisition of Landmark Financial Corp., parent of Landmark Savings Bank and Landmark Mortgage Co. Both institutions are headquartered in Indianapolis. First Internet, founded in 1997 by entrepreneur David Becker, is an Internet-only bank with $445 million in assets.

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Corn price might continue soaring on ethanol boom

More than three-quarters of commodity traders, farm advisers and grain buyers surveyed by Bloomberg late last week advised buying corn, because the price is likely to continue rising above the 10-year high of $3.91 per bushel reached last week on the Chicago Board of Trade. The reason: Total U.S. capacity at plants that turn corn […]

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BioCrossroads seeks help teaching math and science: Education center to bolster students’ careers

Indiana life sciences initiative BioCrossroads wants to improve the science and math skills of Indiana’s elementary and high school students. To figure out how, it’s asking the public for ideas. BioCrossroads released a “request for interest in participation” in the creation of a new K-12 Indiana Science, Technology, Engineering and Math Education Resource Center. Patterned after the North Carolina Science, Mathematics and Technology Education Center, BioCrossroads’ STEM is meant to be a Web-based, largely virtual organization. It would coordinate math…

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Short session long on action: Led by Major Moves, telecom successes, biz interests fared well in 2006 General Assembly

In less than three months, the Indiana General Assembly approved a pair of blockbuster economic-development measures designed to dramatically upgrade the state’s infrastructure. With the passage of Gov. Mitch Daniels’ Major Moves initiative, Indiana will lease the Indiana Toll Road to an Australian-Spanish consortium for 75 years. It will use the upfront, $3.9 billion payment to build roads. Meanwhile, the approval of telecom deregulation sets the stage for more local phone, cable and Internet competition. Daniels, a Republican, argued that…

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