Supporters of a state program that invests in high-tech startups are rallying to restore its $70 million appropriation to a budget proposal under consideration by legislators. Democrats who control the Indiana House of Representatives advanced their version of a new state budget to the full chamber Monday after the House Ways and Means Committee endorsed […]
Supporters of a state program that invests in high-tech startups are rallying to restore its $70 million appropriation to a budget proposal under consideration by legislators. Democrats who control the Indiana House of Representatives advanced their version of a new state budget to the full chamber Monday after the House Ways and Means Committee endorsed […]
For investors, 2008 was the worst year since the Great Depression. Even so, more than half of the state’s public-company executives
saw the value of their pay packages rise from 2007—despite the fact that only 10 of the companies posted a positive total
return in 2008, and 46 companies shed more than one-third of their stock market value.
The Carmel office of A.J. Gallagher & Co. kept the local consolidation of benefits brokers rolling with two more deals this month. But Gallagher is now shifting its buying spree away from health insurance while the health care reform debate plays out in Washington. Locally based The Benefits Group and Louisville-based Creative Benefits Solutions came […]
Private equity firms have a reputation as ruthless acquirers. They slash fat and jettison sluggish product lines, all in a quest to wring out higher profits and grow the parts of the business with the most potential. For Indianapolis-based Dow AgroSciences—or at least for its 1,200 local employees—a buyer like that would be a godsend. […]
One of just three Maker’s Mark restaurants in the country—the others are in Louisville, Ky., and Kansas City,
Mo.—the upscale eatery would have been a good fit in downtown Indianapolis or in one of the suburban dining-and-shopping
meccas.
National acquisition-and-merger rage among benefits firms continues as Gallagher swallows groups in Noblesville and Louisville.
Gallagher’s Carmel office grows its client portfolio to 300.
Small Business Administration loan guarantees in May. These businesses have received loans from financial institutions with a guarantee from the SBA.
A 20-story apartment tower in midtown Indianapolis is being offered in a receiver sale for more than 36 percent less than the unpaid loan balance. The local office of CB Richard Ellis is marketing the 166-unit CityView on Meridian for $6.9 million. The 1966 structure on the northeast corner of 38th and Meridian streets includes […]
A 20-story apartment tower in midtown Indianapolis is being offered in a receiver sale for more than 36 percent less than the unpaid loan balance. The local office of CB Richard Ellis is marketing the 166-unit CityView on Meridian for $6.9 million. The 1966 structure on the northeast corner of 38th and Meridian streets includes […]
Police officers and traffic officials will implement a variety of changes today as they try to improve safety on a busy highway in Hamilton County. Law enforcement patrols along U.S. 31 between Carmel and Westfield will identify drivers who speed, follow too closely or drive aggressively. Other efforts include lower speed limits in some areas, […]
A 20-story apartment tower in midtown Indianapolis is being offered in a receiver sale for about $42,000 per unit, about a third less than the…
Cafe Patachou owner Martha Hoover plans to open a pizzeria next to her trademark eatery at 49th and Pennsylvania streets. The new venture, called Napolese, should be ready by late fall and will feature traditional, Neapolitan-style pizza. Hoover said she decided to branch out from her popular cafe concept to bring another variety of pizza […]
Plenty of stories have been published and aired in recent days about migration…
Cincinnati-based First Financial Bancorp is expanding its Indianapolis-area presence by buying three bank branches and $200 million in loans from troubled Irwin Financial Corp. in Columbus. First Financial, the parent of First Financial Bank, said yesterday it is buying branches in Carmel, Greensburg and Shelbyville. The acquisition includes about $143 million in deposits and $50 […]
Cincinnati-based First Financial Bancorp is expanding its Indianapolis-area presence by buying three bank branches and $200 million in loans from troubled Irwin Financial Corp. in Columbus. First Financial, the parent of First Financial Bank, said yesterday it is buying branches in Carmel, Greensburg and Shelbyville. The acquisition includes about $143 million in deposits and $50 […]
Organizers of the 2009 U.S. Senior Open at Crooked Stick are sinking one birdie putt after another in their efforts to meet
their budget and draw strong crowds to central Indiana later this month. In this economy, sports marketers are calling ticket
and sponsorship sales for the tournament remarkable.
Organizers of the 2009 U.S. Senior Open at Crooked Stick are sinking one birdie putt after another in their efforts to meet their budget and draw strong crowds to central Indiana later this month. In this economy, sports marketers are calling ticket and sponsorship sales for the tournament remarkable. With less than a month until […]
Somewhere out there, a pimply teen-ager is texting away on her phone and working up an appetite for a Brownie Batter Blizzard. The 11-store Dairy Queen franchise owned by Dave Reasner knows this kid has shunned burger and chili-dog offers in the past. But on certain days of the week, she craves Blizzards more than […]
Carmel-based mobile marketer Tetherball has deployed a program using
a radio frequency identification device that can measure in detail to what extent customers redeem loyalty and rewards offers.
