With enrollment surging in vocational schools around the country, Indiana Business College has launched an expansion into Ohio and likely into other states as well. And the Indianapolis-based for-profit school is changing its name-to Harrison College, with a nod toward two U.S. presidents with Hoosier ties. Executives of the privately owned college informed staff and […]
The Simon family’s role in building the city has come at a steep price for taxpayers. Simon and
its business interests in the last 20 years have collected local government incentives
worth more than $400 million, an IBJ tally of those deals shows.
Layoffs could put Simon in violation of HQ incentive agreement. Noblesville put up big bucks to spur Hamilton Town Center development. It’s hard to imagine Indianapolis without the Simon family. The mall owner Simon Property Group Inc. is one of the city’s most prominent corporate citizens, the company-developed Circle Centre mall acts as downtown’s heart, […]
Let’s reflect on the origins of the current income tax system to help understand it better.
Less than three months after hiring a new advertising agency, Steak n Shake has jettisoned and is now suing Georgia-based The Varnson Group.
Less than three months after hiring a new advertising agency, Steak n Shake has jettisoned and is now suing the Georgia-based firm. The hasty firing of The Varnson Group and subsequent lawsuit has industry analysts wondering if the tumult will become a distraction in the effort to turn the restaurant chain around. “It’s really difficult […]
Last week, I offered a family four-pack of tickets to see the national tour of “Chitty Chitty Bang Bang,” parking here April 28-May 3. For more information on the production, click here. The winner, chosen at random, was Vicki Williamson. I also asked you to name your favorite extraordinary car, besides CCBB. I’ll break your […]
By MARCY GORDON WASHINGTON The chief executive of Goldman Sachs Group Inc. on Tuesday called for new standards on how Wall Street executives are compensated and new regulation of large hedge funds and private equity funds. Lloyd Blankfein, who received compensation valued at nearly $43 million last year, said lessons from the financial crisis include […]
A partnership of electric utilities and technology companies is intent on making Indianapolis the first city in the nation to test plug-in electrics on a mass scale, perhaps starting later this year.
An economic development initiative around so-called clean technology was formally launched yesterday to further energize renewable energy projects and hybrid vehicle development under way in the state. Energy Systems Network will be another economic development plank under Central Indiana Corporate Partnership, the parent of BioCrossroads, which promotes life sciences; Conexus, which promotes manufacturing and distribution; […]
Columbus-based Irwin Financial Corp. said this morning that auditors have raised doubt about the bank’s ability to remain in business while it restructures operations. The company, which operates Irwin Union banking branches in Indianapolis, Carmel, Avon, Franklin and Shelbyville, said it lost $104 million, or $3.54 per diluted share, in the fourth quarter and $340 […]
Columbus-based Irwin Financial Corp. said this morning that auditors have raised doubt about the bank’s ability to remain in business while it restructures operations. The company, which operates Irwin Union banking branches in Indianapolis, Carmel, Avon, Franklin and Shelbyville, said it lost $104 million, or $3.54 per diluted share, in the fourth quarter and $340 […]
“We are very intentionally reaching out to family audiences,” says Indiana Repertory Theatre Managing Director Steven Stolen, in discussing with me the about-to-be-announced 2009/2010 schedule for our state’s largest regional theater.
He’s not doing that just through programming—which includes a full…
BOARD OF DIRECTORS Dan Bond, chairman Dave Blanford, vice chairman David Clark, treasurer Deanna Sanders, secretary Bobbi Drury Paul Hardin Dave Helm Dawn Harvey Horth Greg Hylton Cindy Leffler Robert Leonard
DIRECTORS Keith E. Busse, 65 Occupation: CEO of the company Other directorships: Tower Financial Corp. Number of common shares: 2,028,888 Previous year: 1,084,377 Mark D. Millett, 48 Occupation: Executive vice president of the company Number of common shares: 2,857,164 Previous year: 1,373,254 Richard P. Teets Jr., 53 Occupation: Executive vice president of the company Number […]
Sheltering Wings provides emergency housing for women and children suffering from any form of domestic abuse.
New York-based Direct Brands Inc. announced yesterday it is closing distribution and support centers in Indianapolis, Terre Haute and South Carolina, eliminating 469 jobs. The company, formerly BMG Columbia House, will consolidate the operations into a Direct Brands facility in Pennsylvania by the end of the year. The move will involve 152 workers in Indianapolis, […]
More than 60 companies and 650 people have volunteered to donate labor, supplies and materials to help The Estridge Cos. build a new home for an Indianapolis-area family as part of the popular TV show “Extreme Makeover: Home Edition.” Since organizers announced Estridge’s participation in the show on Monday, the Carmel-based home builder has been […]
Indiana’s $86M incentive package to establish the Subaru plant in Lafayette was initially controversial.
This week I’m going to be
your own, personal Pollyanna and try to cheer you up with some good news.
