Recession forces small-business owners to take second jobs
With sales slowed to a crawl, some entrepreneurs must take second jobs working for others to make ends meet.
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Moonlighting to make ends meet-WEB ONLY
Optometrist Jeremy Ciano mortgaged his house and invested his life savings to establish Revolution Eyes, a vision studio in Carmel’s Clay Terrace. Although the recession has taken a heavy toll on his small business, Ciano promised his eight employees their jobs are secure. That’s why he’s moonlighting. “This year the goal is pretty modest, unfortunately. […]
Building on a prayer-WEB ONLY
The Greek Orthodox families of central Indiana worked for 10 years to build their new gold-domed church in Carmel, but they aren’t finished sacrificing. The 500-family congregation now must pay off the $9 million building, just as the recession and stock market collapse have wiped out some families’ ability to make good on pledges. “We wish, maybe, we hadn’t got […]
SPORTS: Crooked Stick is primed for the Men’s Senior Open-WEB ONLY
The media and other hackers gathered at Crooked Stick Golf Club in Carmel recently to hear about plans for the upcoming U.S. Men’s Senior Open, then tested their limited skills on the golf course. I had an absolutely glorious and funfilled day, except for the nine lost balls, which, in my “Tin Cup” moment, included […]
Panel handicaps chances of market recovery-WEB ONLY
A panel of five veterans of real estate and construction provided industry insights at IBJ’s Power Breakfast May 1 at the Westin Indianapolis. The panelists were: Mary Beth Kohart, a principal and vice president in the local office of Colliers Turley Martin Tucker; Danny Marr, a partner and principal broker for Veritas Realty; Andrew Morris, […]
What’s a property worth?-WEB ONLY
Few commercial real estate properties are changing hands in the Indianapolis area these days, creating challenges for brokers who say it’s becoming increasingly difficult to determine the value of properties. With the economy in turmoil, and the acquisitions market at a virtual standstill, only a handful of recent sales can be used to guide appraisers […]
Burton’s 2008 GOP challenger making another run-WEB ONLY
The candidate who nearly upset longtime Indiana Congressman Dan Burton in last year’s Republican primary is running against him again. John McGoff announced his candidacy today, becoming the third prominent Republican to launch a campaign to defeat Burton for the 5th Congressional District seat. McGoff is an Indianapolis physician and former Marion County coroner. Burton […]
Precise Path, ExactTarget claim Mira honors-WEB ONLY
Precise Path Robotics, ExactTarget and Scale Computing were among the big winners Saturday night at TechPoint’s Mira Awards, which honor the state’s top-performing companies, schools and individuals in technology-related pursuits. The annual awards were presented by the statewide business-development group at the Westin Hotel in downtown Indianapolis. Carmel-based Precise Path, the brainchild of local tech […]
Audiovox cranking out digital antennas as consumers prepare for changeover
The biggest remnant of the former Thomson consumer electronics operation in Carmel is cashing in on the digital TV transition
with a higher-tech version of the rabbit ears.Audiovox sees gains in antenna sales
The electronics accessories unit of Audiovox Corp. in Carmel is gaining from the rise in antenna sales ahead of the June 12
switch to all-digital TV broadcasting.Old National striving to be ‘Indiana’s bank’
Old National’s purchase of 65 Charter One branches deepens its foothold in Indy.
Merchants Bank of Indiana is top home-grown bank
Merchants Bank of Indiana, whose main office is in Carmel, books better numbers than any other Hoosier bank.
Clarian and IU Med School hiring 1,500 docs for massive Indiana Clinic; strategy may cut out insurers
Clarian Health and the Indiana University School of Medicine want to turn 1,500 or more doctors into employees under a new nonprofit group called the Indiana Clinic.
Indiana banks: Best in class-WEB ONLY
These days, many of the nation’s biggest banks need bailouts to avoid bankruptcy. But plenty of institutions far from the limelight of New York and other banking centers continue to make money and manage their affairs well. Which Indiana-based bank does it best? Merchants Bank of Indiana, whose main office is in Carmel, books better […]
Clarian planning bypass?-WEB ONLY
Clarian Health and the Indiana University School of Medicine want to turn 1,500 or more doctors into employees under a new group called the Indiana Clinic. Bringing so many physicians together from all specialties could allow them to improve quality, reduce costs and perhaps boost Clarian’s central Indiana market share. It also is likely to […]
Around town pizza roundup
Couple of pizza-related nuggets:
A new pizza restaurant called ZA is planned for the former Slinky women’s clothing store near 62nd Street and College Avenue in Broad Ripple. Plans call for the restaurant…Saturated sub-sandwich market awaits Firehouse-WEB ONLY
Firehouse Subs said yesterday it plans to open its first store in the Indianapolis area this summer, with as many as 27 more to follow within the next seven years. But a local retail real estate broker who once owned several franchise restaurants thinks an already saturated sub-sandwich market will make it difficult for the […]
Conseco critic lands seat on company’s board-WEB ONLY
Conseco Inc. shareholders have expressed their dissatisfaction with the company’s recent performance by electing a dissident shareholder to the board of directors. Keith Long, a vocal critic of the company’s board, won a majority of votes cast, according to preliminary results announced this morning at Conseco’s annual meeting in Carmel. Exact vote totals were not […]
Clarification-WEB ONLY
A story in Friday’s IBJ Daily quoted Mike Renninger, principal of Carmel-based consultancy Renninger & Associates, as saying he doesn’t foresee any bank acquisitions this year resulting from the stress tests. What it should have said is that larger, regional banks in Indianapolis likely won’t be a target.
Conseco critic lands seat on company’s board-WEB ONLY
Normal 0 false false false MicrosoftInternetExplorer4 Conseco Inc. shareholders have expressed their dissatisfaction with the company’s recent performance by electing a dissident shareholder to the board of directors. Keith Long, a vocal critic of the company’s board, won a majority of votes cast, according to preliminary results announced this morning at Conseco’s annual meeting […]