DINING: Mudsocks Grill doesn’t mess around
Mudsocks Grill offers a delicious grilled tilapia sandwich, blue-cheese-laden-pasta and Chili Con Queso. Try the fried cheesecake
too.
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Conseco needs cash at worst time-WEB ONLY
Whether or not Conseco Inc. gets a clean bill of health from its auditor on March 17, analysts predict the life insurer will need to raise more than $400 million to cover looming investment losses. And it needs the cash when raising any money is nearly impossible. Without fresh capital-or loosened debt obligations-Carmel-based Conseco could […]
14 Indiana coal ash sites getting EPA review-WEB ONLY
A federal review of the nation’s coal ash storage sites includes 14 Indiana power plants where the byproduct of the state’s reliance on coal for power is stored in a series of ever-growing ponds and landfills. Several utilities that own or co-own those 14 coal-burning plants must provide the Environmental Protection Agency with detailed descriptions […]
Cafe Patachou owner opening Clay Terrace eatery-WEB ONLY
Cafe Patachou owner Martha Hoover will open her seventh local restaurant tomorrow at the upscale Clay Terrace shopping center in Carmel. The eatery is Hoover’s second French-themed Petite Chou. The other is on Westfield Boulevard in Broad Ripple. The Clay Terrace location initially will serve breakfast and lunch. Dinner will be available starting April 8, […]
Cafe Patachou owner opening Clay Terrace eatery-WEB ONLY
Cafe Patachou owner Martha Hoover will open her seventh local restaurant tomorrow at the upscale Clay Terrace shopping center in Carmel. The eatery is Hoover’s second French-themed Petite Chou. The other is on Westfield Boulevard in Broad Ripple. The Clay Terrace location initially will serve breakfast and lunch. Dinner will be available starting April 8, […]
IMA chooses Sodexo to replace Puck-WEB ONLY
The Indianapolis Museum of Art has selected Sodexo Inc. to replace Wolfgang Puck as its restaurant operator and to share museum catering responsibilities with Kahn’s Catering in Carmel. The IMA’s announcement this morning culminates a six-month search following the museum’s decision in September to restructure its food-service operations. Based in Maryland, Sodexo employs 120,000 […]
IMA chooses Sodexo to replace Puck-WEB ONLY
The Indianapolis Museum of Art has selected Sodexo Inc. to replace Wolfgang Puck as its restaurant operator and to share museum catering responsibilities with Kahn’s Catering in Carmel. The IMA’s announcement this morning culminates a six-month search following the museum’s decision in September to restructure its food-service operations. Based in Maryland, Sodexo employs 120,000 people […]
U.S. 31 project means massive changes for booming retail corridor
Lauth Properties alleges in a lawsuit that the state’s plan to rebuild 13 miles of U.S. 31 in Hamilton County to freeway standards
will cut off access to a property it owns in Westfield, killing plans for a Wal-Mart there.Making way for 31-WEB ONLY
Lauth Properties alleges in a lawsuit that the state’s plan to rebuild 13 miles of U.S. 31 in Hamilton County to freeway standards will cut off access to a property it owns in Westfield, killing plans for a Wal-Mart there. The case filed in Hamilton Superior Court could be the first of many legal challenges […]
Adesa auto auction parent posts $49M loss-WEB ONLY
Carmel-based KAR Holdings Inc., the parent of Adesa Auction Services, today posted a fourth-quarter loss of $49.3 million on $396.2 million in revenue for the period ending Dec. 31. KAR’s loss widened from $34.3 million, and revenue declined 0.6 percent, from the same period a year ago. For the year, the auto auction company reported […]
Adesa auto auction parent posts $49M loss-WEB ONLY
Carmel-based KAR Holdings Inc., the parent of Adesa Auction Services, today posted a fourth-quarter loss of $49.3 million on $396.2 million in revenue for the period ending Dec. 31. KAR’s loss widened from $34.3 million, and revenue declined 0.6 percent, from the same period a year ago. For the year, the auto auction company reported […]
Ratings agencies lower outlook for Conseco-WEB ONLY
Two prominent financial ratings companies downgraded their outlooks for Carmel-based insurer Conseco Inc. yesterday. International credit ratings agency Fitch Ratings Inc. put the ratings of Conseco and its subsidiaries on “negative watch” status. And New York-based Moody’s Investors Service downgraded Conseco’s financial strength rating and its bank-debt rating while giving the insurer a “negative” outlook. […]
UPDATE: Massive losses cloud Conseco’s future-WEB ONLY
After posting a $1 billion loss last year, Carmel-based Conseco Inc.’s future is in jeopardy. The losses have caused the life insurer’s debt as a percentage of its total capital to rise sharply, nearly to a level that would violate an agreement with its lenders. Conseco’s auditor, PricewaterhouseCoopers, said it might include a “going-concern” warning […]
BREAKING: Auditors question Conseco’s viability-WEB ONLY
Conseco Inc. said this morning that its auditors are considering including a clause in the company’s annual report expressing uncertainty about whether it can remain a “going concern.” The Carmel-based insurer also said preliminary fourth-quarter results indicate it lost $406.8 million or $2.20 a share. Driving down results was an $88 million loss in its investment […]
For unemployed, searching for job is full-time endeavor
As job losses accelerate in the worst recession in a generation, it’s becoming tougher and tougher for even well-educated,
experienced professionals to find work �¢?? or at least to find a job in the area and at the pay they want.Hard work, but no pay-WEB ONLY
The most up-to-date report about white-collar job losses in Indianapolis comes every Monday at dawn in the parking lot at St. Luke’s United Methodist Church. The number of cars that pull in to attend the weekly gatherings of the Business and Professional Exchange has more than doubled in the last two months. Inside, men and […]
IBJ Movie Night: ‘Watchmen’
Can “Watchmen,” based on the acclaimed graphic novel, hold its own with such recent superhero standard-bearers as “Iron Man” and “The Dark Knight”?
Be one of the first to find out. I’m giving away passes to the March 5th (okay, technically…
Scheduling one show at a time
Some of the Indy area’s newer theater companies have been announcing new productions on a show-by-show basis. This allows them to react quickly, to get a show up when it’s ready, and to live within their often very-limited means. On…
Delta Faucet slashes work force again-WEB ONLY
Delta Faucet Co. has laid off 77 employees at its Greensburg plant – the company’s sixth round of employment cuts within the past two years, according to the Greensburg Daily News. The Carmel-based company began trimming its payroll in early 2007 and has laid off a total of more than 400 workers during that time, […]
Indiana Senate: Use constitution to protect fund-WEB ONLY
Republican state lawmakers were never keen on House Democrats’ idea to take $500 million from a trust fund and spend the cash on local road projects. But the GOP-controlled Senate made the message clear yesterday as it approved a proposal to protect the fund by putting it into the Indiana constitution. Sen. Mike Delph (R-Carmel) […]