Indianapolis Business Journal

NOVEMBER 13-20, 2017

Linton Calvert never seriously entertained the unsolicited offers he received over the years for the iconic Fountain Square Theatre Building, until presented with the one he couldn’t refuse. Scott Olson has the story on the sale and what to expect next at the landmark property. Also in this week’s issue, Lindsey Erdody reports that Fishers leaders are fed up with a state-mandated tax formula that favors Carmel over their city. And in A&E Etc., Lou Harry reviews the new food offerings available at Bankers Life Fieldhouse.

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ITT failure a calamity, but former execs say not fraud

The SEC broadly charges that two former ITT Educational Services executives concealed from investors the “extraordinary failure” of two off-balance-sheet student loan programs ITT helped set up in 2009 after the financial crisis shut down the market for traditional private education loans.

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FocusBack to Top

Mild weather hurts IPALCO’s results

IPALCO posted a profit of $33.2 million on revenue of $355.3 million in the latest quarter. That compared to profit of $47.3 million on $361.3 million in revenue in the same quarter a year earlier.

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OpinionBack to Top

In BriefBack to Top