Westfield Mayor Andy Cook is proposing a $60 million youth sports complex with a 4,000-seat multipurpose outdoor
stadium, indoor sports facilities and sports fields with the goal of establishing the Hamilton County community as the "Family Sports Capital
of America."
Carmel businessman Dan Laikin finds himself in the awkward spot of denying wrongdoing at the same time the three men accused
of conspiring with him in a stock-manipulation scheme are admitting guilt.
Last week, I made a presentation about social media to several hundred people at a Carmel Chamber of Commerce luncheon. We talked about Facebook and Twitter, YouTube and Flickr, LinkedIn, blogging and more. I didn’t answer the "how-to" question. I answered the "whether-to" question. With some important cautions, my answer was "yes."
ChaCha Search Inc. co-founder Brad Bostic has stepped down as president of the human-assisted Internet search company, which
is struggling to turn a profit in a dismal advertising climate, but he hasn’t left. "Brad is still engaged with the company
as a director, co-founder and consultant," said co-founder and CEO Scott Jones.
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. The Indianapolis-based for-profit school also is changing its name.
There’s a smorgasbord available for small businesses in the federal stimulus package. The trick is figuring out how to get a plate. Plenty of local experts are serving up access to the buffet. And some entrepreneurs are digging in. But others consider the
stimulus warmed-over leftovers.
LOAN APPROVALS SBA Loans SBA loan guarantees for the month of March. These businesses have received loans from financial institutions with a guarantee from the SBA. Not all funds are disbursed immediately. Furthermore, some approved loans are subsequently canceled. Arts A Poppin LLC, 653 Massachusetts Ave., Indianapolis, $30,000 from Borrego Springs Bank N.A. Banc-Serv Partners […]
The spring selling season is traditionally one of the busiest for area real estate agents, but this year brokers say they’re confronting a new challenge: buyers’ emotions. With the economy in a slump, agents say today’s homebuyers are often protracting negotiations, making extreme low-ball bids and pushing for major repairs and improvements before they’ll sign […]
State lawmakers last night approved a plan designed to fix the state’s bankrupt unemployment fund. It would dramatically raise taxes on employers and make administrative changes in hopes of saving money, but it would not cut benefits. It passed the Senate on a bipartisan 46-3 vote, then passed the House 52-47 along party lines, with […]
Democratic Indiana House Speaker Patrick Bauer is blaming Republican Gov. Mitch Daniels for the need of a special legislative session. The General Assembly did not pass a new state budget by last night’s midnight deadline for adjourning the session, which will force Daniels to call a special session to get one approved. Bauer said today […]
The son of Adesa Inc. co-founder Michael Hockett agreed to plead guilty Monday to federal bank fraud, the same day the charges were brought by the U.S. Attorney for the Southern District of Indiana in Indianapolis. B. Scott Hockett, 45, faces maximum penalties of 30 years in prison and a fine of $1 million. […]
The son of Adesa Inc. co-founder Michael Hockett agreed to plead guilty Monday to federal bank fraud, the same day the charges were brought by the U.S. Attorney for the Southern District of Indiana in Indianapolis. B. Scott Hockett, 45, faces maximum penalties of 30 years in prison and a fine of $1 million. A […]
The 32-year-old developer Lauth Group Inc. likely will survive in some form if the company can find financing to get it through a Chapter 11 reorganization and if the real estate market doesn’t take too long to turn around, experts said. The developer of more than $3 billion in projects has scrambled this year to […]
An activist shareholder vying to become a director of Conseco Inc. says the insurance company’s board “completely misjudged” the risks it faced when it emerged from bankruptcy in 2003 and hasn’t recovered since. Now an independent shareholder advisory firm is siding with him. “The board is blindly pushing forward into risky waters with limited view […]
Financial reports trickling in from Indianapolis’ major hospitals show why the city’s health care building boom ground to a near halt this year. It ran into a wall of investment losses. A case in point: Indianapolisbased Clarian Health suffered a whopping $633 million in losses on its investments and interest-rate swaps last year. That wiped […]
The 32-year-old developer Lauth Group Inc. likely will survive in some form if the company can find financing to get it through
a Chapter 11 reorganization and if the real estate market doesn’t take too long to turn around, experts said.
Financial reports trickling in from Indianapolis’ major hospitals show why the city’s health care building boom ground to
a near halt this year. It ran into a wall of investment losses.
Investor makes case against Conseco’s board Shareholder advisory firm sides with critic seeking seat An activist shareholder vying to become a director of Conseco Inc. says the insurance company’s board “completely misjudged” the risks it faced when it emerged from bankruptcy in 2003 and hasn’t recovered since. Now an independent shareholder advisory firm is siding […]
To hold Carmel up as a healthy community is to turn a blind
eye to the mountain of debt run up by that city’s mayor. Healthy communities provide the fundamental necessities in a balanced
way that does not put undue burden on those who live in that "time and space."
Lauth looks for quick cash Once-powerful developer needs financing, real-estate recovery to emerge from bankruptcy The 32-year-old developer Lauth Group Inc. likely will survive in some form if the company can find financing to get it through a Chapter 11 reorganization and if the real estate market doesn’t take too long to turn around, experts […]
