2014 Forty Under 40: Rebecca Geyer
Geyer, 39, runs a namesake law firm and finds time outside the office for a host of contributions.
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2014 Forty Under 40: Ilya Rekhter
While at Indiana University, Ilya Rekhter, now 25, was intrigued by transportation—specifically why fuel efficiency and safety have improved but there still wasn’t a way to know when your already-20-minutes-late bus would arrive. His solution: DoubleMap, a bus-tracking application.
ITT stock sinks as for-profit colleges face more probes
For-profit colleges, bruised by years of investigations and rule-making, may face additional financial pressure from a new wave of state probes by attorneys general and the U.S. Consumer Financial Protection Bureau.
ITT shares in freefall as student-loan losses mount
ITT Educational Services took it on the chin in the fourth quarter as big payments stemming from a 2009 student-loan arrangement forced an $11.6 million loss. Adding to the woes is another probe by the federal government.
Carmel’s FatAtom moving from Main Street to Monon
Carmel ad shop FatAtom Marketing has signed a letter of intent to lease a first-floor storefront in the under-construction Mezz on the Monon building in Carmel City Center. CEO Todd Muffley is targeting a June 1 move-in date.
Speedway stores cited for beer sales on Christmas
Indiana State Excise Police have cited 109 Speedway convenience stores in Indiana, accusing them of illegally selling beer on Christmas.
Pain mounts for Telamon after reporting $5M theft
The Carmel company complains that its insurers “denied all coverage for the theft-fraud loss under both policies on the grounds that the individual leased to Telamon was an ‘employee’ of Telamon, and simultaneously was not an ‘employee’ of Telamon.”
Developer planning Sophia Square sequel near Meridian Street
The developer behind the $60 million Sophia Square building in Carmel’s Arts & Design District is proposing a similar project about a mile west.
EDITORIAL: Commuter tax needs fences
Indy Chamber might incite a little road rage by proposing a commuter tax that would allow Indianapolis to collect revenue from those who work in the city but live outside county lines.
New shooting range draws crowd in Hamilton County; another in the works
The northern-suburb county should have two shooting ranges operating by the end of this year; owners of both business say Hamilton County is a ripe market.
Developer eyes spring groundbreaking for 10-story Drury Plaza Hotel
St. Louis-based Drury Hotels is proposing to build a 10-story, 304-room hotel and stand-alone restaurant on undeveloped property at the northeast corner of Meridian and 96th streets in Carmel. Construction could begin this spring.
Champps restaurants likely to survive parent’s bankruptcy
The bankruptcy of a Kansas restaurant company has cast uncertainty over the future of its five Indianapolis-area restaurants—three Chammps Americanas and two Fox and Hounds.
Statehouse update: Teacher evaluations, Christmas, meth disclosure, more
Indiana lawmakers made decisions on a number of bills Monday at the Statehouse, including legislation involving hunting and fishing, home health care, cardiac arrest and more.
Project updates: Fishers mixed use, Carmel hotel and Zionsville’s new HQ
Elected officials north of 96th Street advanced a bevy of public-private projects Monday during what I like to call their monthly meetingpalooza. Here’s a rundown on where things stand:
Roundup: Tex-Mex and ice cream in Zionsville, plus pastry shops come and go
The owner of the popular Noah Grant’s Grill House & Oyster Bar in Zionsville is targeting an April opening for a second restaurant flanking the town’s brick Main Street. Plus: the latest retail roundup.
Experts see limits to state’s low-tax strategy
Thanks to a concerted effort to lower taxes and government spending, Indiana ousted Texas this year in the Tax Foundation’s annual ranking of business tax climates. Indiana now holds the No. 10 spot and could rise higher by eliminating the business personal property tax, an equipment tax that experts say deters investment.
MORRIS: Strong work ethic is key to finding a job
You can usually tell from a candidate’s past how dedicated they’ll be as an employee.