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ITT Tech to cease operations, cut nearly 8,000 employees

September 6, 2016

Carmel-based ITT Educational Services Inc. announced Tuesday morning that it will permanently “discontinue academic operations” at all ITT Technical Institutes campuses. The company blamed the closure on “inappropriate and unconstitutional” federal sanctions.

What did ITT in? Short-sighted thinking, critic says

September 1, 2016

Under CEO Kevin Modany's stewardship over the past decade, ITT Educational Services Inc. has seen its stock market value drop from $2.9 billion to $8 million.

BOHANON & STYRING: Obamacare woes could spur single-payer system

September 1, 2016

Lost in the season’s political noise pollution is a simple fact: This election likely will decide whether U.S. health care irreversibly slips into a single-payer government-run system.

Stock swoons at Lids’ parent after company cuts outlook

September 1, 2016

Shares in Genesco Inc.—parent of Zionsville-based Lids Sports Group—dropped almost 30 percent Thursday after the company reported lower-than-expected sales in the second quarter and downgraded its full-year outlook.

Bank bucks trend by opening teller-less branch in grocery

August 29, 2016

Some banks have been closing their mini-branches in stores, but PNC Financial Services is applying the trend toward automated transactions to its new location in Carmel’s Market District Supermarket.

ITT shares plunge 64 percent in wake of federal mandates

August 26, 2016

Shares in ITT Educational Services Inc. went into a freefall Friday, one day after the U.S. Department of Education banned the company from enrolling new students who receive federal aid. Analysts said ITT isn’t likely to survive the decision.

J.C. Penney aims to be king of the mall as rivals retreat

August 26, 2016

J.C. Penney Co. is in a surprising position more than four years after it was almost run aground by a former CEO: It could be the last department store standing at your local mall.

UPDATE: Feds ban ITT Educational from enrolling students on federal aid

August 25, 2016

The decision is a potential death blow to Carmel-based ITT, which derives most of its revenue from federal loans and grants. Its stock was halted Thursday after shares fell 35 percent.

BOHANON & STYRING: Don’t fall for politicians’ GDP gamesmanship

August 25, 2016

Economists invented GDP, then left it lying around for politicians to misuse and mangle to justify whatever they want to do!

IndyCar plans new event at Illinois track as part of 2017 season

August 25, 2016

The IndyCar Series on Thursday announced a 17-race schedule for next season with little variation from the current lineup. One exception: a return to a venue it hasn’t visited since 2003.

Shoemaker infuses Fletcher Place home with neutral palette, natural materials

August 25, 2016

Realtor Joe Shoemaker spends most of his days studying home interiors and exteriors. That’s why he opted for a minimalist approach when he constructed his Fletcher Place abode.

Burke ready to pass baton to Purdue’s new athletic director

August 25, 2016

After spending almost 25 years as the front man for Boilermaker sports, Morgan Burke is ready to step down and revel in becoming just another fan.

Former Grand Park director returning to construction industry

August 22, 2016

Ken Alexander, who was director of Westfield’s Grand Park Sports Campus for less than two years, confirmed Monday that he resigned from the position.

Angie’s List agrees to settle class-action suit for $1.4 million

August 22, 2016

The case stems in part from a March 2015 complaint alleging contractor advertising payments influenced ratings on Angie’s List’s website. If approved, most of the settlement money would go to attorneys.

Lilly drug for Alzheimer’s gets fast-tracked by FDA

August 22, 2016

Named AZD3293, the drug belongs to a novel class of drugs that block production of amyloid, a protein that causes plaque to build up in the brain of Alzheimer’s patients.

Grand Park director exits position after less than two years

August 19, 2016

Westfield officials on Thursday confirmed Ken Alexander’s departure but provided no details. He was the first to hold the position of director, overseeing operations at the nearly 400-acre sports campus.

LOU’S VIEWS: Theater live from your living room

August 18, 2016

The recent live-from-Broadway broadcast of “She Loves Me” is far from the only from-the-stage television available.

BOHANON & STYRING: Markets at work in Indy bike share program

August 18, 2016

The Indy system gives the rider an incentive to treat the bike as his own property. Markets give users and providers incentives to do the right thing.

Lowe’s disappoints analysts with weak sales growth

August 17, 2016

One day after retailer Home Depot reported record earnings that signaled an improving U.S. housing market, competitor Lowe’s reported weak sales growth and cut its profit expectations for the year.

Advocates launch lobbying effort to expand state preschool

August 12, 2016

Advocates want to see Indiana children from families earning up to at least 200 percent of the federal poverty line have access to high-quality pre-kindergarten programs.

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Articles

ITT Tech to cease operations, cut nearly 8,000 employees

What did ITT in? Short-sighted thinking, critic says

BOHANON & STYRING: Obamacare woes could spur single-payer system

Stock swoons at Lids’ parent after company cuts outlook

Bank bucks trend by opening teller-less branch in grocery

ITT shares plunge 64 percent in wake of federal mandates

J.C. Penney aims to be king of the mall as rivals retreat

UPDATE: Feds ban ITT Educational from enrolling students on federal aid

BOHANON & STYRING: Don’t fall for politicians’ GDP gamesmanship

IndyCar plans new event at Illinois track as part of 2017 season

Shoemaker infuses Fletcher Place home with neutral palette, natural materials

Burke ready to pass baton to Purdue’s new athletic director

Former Grand Park director returning to construction industry

Angie’s List agrees to settle class-action suit for $1.4 million

Lilly drug for Alzheimer’s gets fast-tracked by FDA

Grand Park director exits position after less than two years

LOU’S VIEWS: Theater live from your living room

BOHANON & STYRING: Markets at work in Indy bike share program

Lowe’s disappoints analysts with weak sales growth

Advocates launch lobbying effort to expand state preschool