The Indianapolis Cultural Trail yesterday announced major donations from the Christel DeHaan Family Foundation and Indiana Pacers. It also unveiled three public art works that will be exhibited in the Northeast Corridor stage of the trail, which is now under construction. The DeHaan foundation gave $250,000 and the Indiana Pacers $100,000 toward the Cultural Trail’s […]
United Way of Central Indiana announced this morning that it would provide $1.3 million to two local housing projects as part of Indianapolis’ Blueprint to End Homelessness campaign. A $1 million grant to the Julian Center for abused women will help construct 71 permanent housing units at 34th and Meridian streets. United Way also will […]
United Way of Central Indiana announced this morning that it would provide $1.3 million to two local housing projects as part of Indianapolis’ Blueprint to End Homelessness campaign. A $1 million grant to the Julian Center for abused women will help construct 71 permanent housing units at 34th and Meridian streets. In 2001, United Way […]
ArcelorMittal SA plans to shut down steel-bar operations at its East Chicago plant, resulting in layoffs for 400 employees, the Chicago Tribune reported yesterday. The layoffs of both union and non-union workers affect 8 percent of the plant’s work force, the newspaper said. The closure will be indefinite. Luxembourg-based ArcelorMittal produces about 10 percent of […]
Mayor’s CIB plan leaves food-beverage tax alone Scott [email protected] Mayor Greg Ballard’s plan to rescue the city’s Capital Improvement Board from an approaching $47 million budget deficit wouldn’t raise the local food-and-beverage tax, but it would increase several others already targeted in a bill moving through the state Legislature. The mayor appeared at the monthly […]
A major section of Keystone Avenue in Carmel is now closed for construction. Keystone between 131st Street and U.S. 31 will remain shut down for about 45 days. Carmel city leaders say the closure will help save more than a half-million dollars in construction costs and allow the new Keystone-136th Street interchange to open before […]
Indiana and Purdue universities are well-positioned to take advantage of the $11.5 billion available for life sciences and
biotech research from the federal stimulus package.
Indiana is becoming not only a hotbed of “pharmacogenomics” research, but also a trailblazer in finding practical ways to
use it on the practitioner level.
The Marion County Capital Improvement Board’s bailout depends on the success of Indianapolis’ new downtown JW Marriott convention hotel.
Prescribe the wrong dose and some drugs won’t work. Or the patient is as good as dead. Consider the rat-poison-turned-blood-thinner warfarin, also known as Coumadin. Too much and a patient can bleed to death, too little and he can throw a clot and have a stroke. Given the considerable consequences of improper dosing for patients-and […]
The pressure on Indianapolis’ new downtown JW Marriott convention hotel to perform-despite the recession-is about to increase exponentially. The Marion County Capital Improvement Board’s bailout depends on it. CIB, which manages the city’s professional sports stadiums and its convention center, needs to close a $47.4 million annual budget deficit. On April 2, the Indiana Senate’s […]
Renovating a zoo facility called Monkey Island. Upgrading school toilets so they don’t flush when no one is around. Creating the world’s fastest alternative-fuel vehicle. Turning idle factory space into fish farms. State officials wanted suggestions on how to spend Indiana’s share of federal stimulus money, and they got plenty of ideas. About 9,000 proposals […]
A $21 million construction project kicks off today in Fishers as crews prepare to widen 126th Street from State Road 37 to Olio Road. Actual construction will begin in July. The project is expected to take three years to complete. The project will require crews to replace three bridges, including the bridge over Interstate 69.
Subsidiaries of Toyota Group plan to invest $14.2 million to build a plant in Franklin that would supply the automotive industry with plastic parts. Premium Composite Technology North America is expected to employ 37 workers and begin operations in the spring of 2010. Franklin Mayor Fred Paris welcomed the announcement, citing the roughly $20-an-hour wage […]
Pulte Homes Inc. agreed to acquire Centex Corp. today in a stock-for-stock deal valued at $1.3 billion that will create the nation’s largest homebuilding company. The transaction, which also includes $1.8 billion of debt, will give the combined business a strong liquidity position with more than $3.4 billion in cash as of March 31. The […]
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 […]
Office vacancy rates increased for the fifth consecutive quarter both downtown and in the suburbs, according to the latest statistics from CB Richard Ellis, a sign that the economy continues to take its toll on the local market. The suburban office vacancy rate jumped to 20.27 percent in the first quarter, from 19.52 percent in […]
Evansville officials have a downtown site in mind for a new 11,000-seat arena that they hope to start building this summer. Some business owners located in the two-block area, however, are clear that they want to stay. Much of the property is owned by the O’Daniel family, which operates D-Patrick Ford on the site. The […]
Compared to most of the rest of the state and nation, Indianapolis is an occupational dynamo.
Indianapolis-based Brand Acceleration Inc. has announced an expansion of its service area to include the South-Atlantic and Mid-Atlantic states.
