Anderson-based I Power Energy Systems, a spinoff of Remy International that makes co-generation power units for buildings, has raised $2 million from investors. The private placement managed by Chicago-based David A. Noyes & Co. sold 16,000 series B convertible units at $125 each. Proceeds will be used in part to introduce products, increase marketing and […]
Anderson-based I Power Energy Systems, a spinoff of Remy International that makes co-generation power units for buildings, has raised $2 million from investors. The private placement managed by Chicago-based David A. Noyes & Co. sold 16,000 series B convertible units at $125 each. Proceeds will be used in part to introduce products, increase marketing and […]
A town hall meeting later today will give Hoosiers a chance to discuss whether Indianapolis workplaces should go smoke-free. Last week, an Indiana House committee approved a bill that would ban smoking in most public places except casinos and certain bars and hotels. A panel that includes a family nurse practitioner, the leader of Indiana […]
It’s the season for bailouts—banks, businesses, capital improvement boards are all standing on street corners shaking
empty Burger King cups at passing taxpayers.
My dream application for a cell phone is to use it to locate a person in a crowd.
The Central Indiana Corporate Partnership—the parent of the BioCrossroads, TechPoint and Conexus industry cluster initiatives—let it be known last month that there would be a fourth leg to its economic development stool: clean technology.
A group of mostly local companies that made big investments to help launch Circle Centre mall soon could be asked to write
off a portion of profits they agreed to redirect into the construction of Conseco Fieldhouse.
So much sad, bad, disturbing sports news. Time to look on the brighter side.
Local contractors will be ready to pounce when bidding on the first parts of the combined overflow project begins in 2011.
The Central Indiana Corporate Partnership-the parent of the BioCrossroads, TechPoint and Conexus industry cluster initiatives-let it be known last month that there would be a fourth leg to its economic development stool: clean technology. The new initiative is known to insiders as the Indiana Energy Systems Network and has been under the reins of Paul […]
A group of mostly local companies that made big investments to help launch Circle Centre mall soon could be asked to write off a portion of profits they agreed to redirect into the construction of Conseco Fieldhouse. The Capital Improvement Board has floated the possibility of asking the 13 investors-including Conseco, American United Life, Duke […]
Locally, the Capital Improvement Board is swimming in red ink and trying to figure how to fund our glistening sports venues-Lucas Oil Stadium, Conseco Fieldhouse and Victory Field. The Indiana Pacers report losing money nine of the last 10 years. And this year’s team seems to be sliding toward a spot in the NBA draft […]
“Smoking ban light.” That’s how Democratic state Rep. Charlie Brown of Gary described his bill to ban smoking in public places in Indiana after a House committee today carved out exemptions for casinos, some bars and certain hotels. “Very, very light, and I don’t like it,” Brown said after his amended bill cleared the Democrat-controlled […]
Swamped by financial losses that go back to the time Herb and Mel Simon bought the Indiana Pacers in 1983, team officials
are now looking for a new game plan—one that may involve financial assistance from taxpayers and visitors.
A panel convened by IBJ discusses the lack of funding dilemma and need for broad-based support in the Indianapolis arts community.
Swamped by fi nancial losses that go back to the time Herb and Mel Simon bought the Indiana Pacers in 1983, team officials are now looking for a new game plan-one that may involve fi nancial assistance from taxpayers and visitors. Apparently, not even housing the team in the much-ballyhooed Conseco Fieldhouse or a trip […]
General Motors’ U.S. vehicle sales plunged 49 percent in January while Ford’s sales dropped 40 percent, starting 2009 at an abysmal pace for the auto industry as lower sales to fleet buyers like rental car companies weighed down U.S. automakers’ results. Japanese rival Toyota’s sales dropped 32 percent for the month, and Honda’s sales fell […]
Centaur is lobbying the Indiana General Assembly to let it transfer 500 slots from its Hoosier Park horse track in Anderson
to the Fort Wayne area.
The recession, coupled with personnel shifts, have grounded the more than $50-million hotel project adjacent to the new terminal.
Plans for a 250-room hotel connected to the new Indianapolis International Airport terminal are in the deep freeze as the lodging industry contends with vacancies at a 20-year high. Just when the project might be revived is difficult to say. One thing is certain; the hotel won’t be open in 2009 as planned-and 2010 is […]
