Is retractable roof waste of money?
It was partly sunny, and in the mid to high 70s yesterday in Glendale, Ariz. And the roof on the Arizona Cardinals’ football stadium was closed for the NFC Championship game against the…
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Spotlight on Hamilton County
Spotlight on Hamilton County Named for Alexander Hamilton, a member of the Continental Congress and a framer of the U.S. Constitution 5 LARGEST CITIES/TOWNS population Carmel ……………………………………….68,677 Fishers ……………………………………….65,382 Noblesville ………………………………….41,561 Westfield …………………………………….20,459 Cicero ………………………………………….4,439 Sources: U.S. Census Bureau special census (Fishers and Carmel) and July 2007 estimates 5 LARGEST EMPLOYERS employees Roche Diagnostics………………………….3,650 Conseco […]
SPORTS: A changing of the guard, without the drama-WEB ONLY
By nature, coaching is a transient profession, increasingly so in these days of not-soguaranteed contracts (by either the employer or employee) and the mentality of, “What have you done for us?” not lately, but, uh, like today. Or an hour ago. For some, the only thing shorter than attention span is perspective. So, for the […]
Old St. V may be rescued-WEB ONLY
Ivy Tech Community College is working with private developers on a plan to turn the old St. Vincent Hospital on Fall Creek Parkway into a housing complex for Ivy Tech and IUPUI students. The developers, Paramount Realty Group and Alboher Development Co. Inc., would get the building and a 100-year land lease on the property […]
Funding cuts delay life science efforts-WEB ONLY
When Indiana University President Michael McRobbie and Purdue University counterpart France Córdova announced their Indiana Innovation Alliance in June, the leaders promised the pact would bring unprecedented cooperation between the state’s top research institutions. They’d share research facilities and capabilities with each other and with bioscience companies that covet access to a mass spectrometer or […]
Fortune posts quarterly profit of $44K-WEB ONLY
Fortune Industries Inc. eked out a profit of $44,000 in its first fiscal quarter – up from $10,000 in 2007 – even as revenue dropped to $36.2 million from $43.8 million in the same period last year. The Indianapolis-based company yesterday announced financial results for the quarter ended Nov. 30. “We are ecstatic to have […]
Clean-air trial attorneys escape discipline-WEB ONLY
A federal judge in Indianapolis has decided disciplinary actions aren’t needed against a handful of attorneys relating to their conduct in a clean-air trial last year, though he hasn’t changed his mind about setting aside the jury verdict and holding a new trial as a result of the behavior of in-house counsel. U.S. District Judge […]
Indiana’s venture capital flow slows-WEB ONLY
The flow of life sciences venture capital tailed off in Indiana last year compared with 2007, but the state still attracted twice as many dollars as in 2006. Hoosier life sciences firms pulled in a combined $75.4 million in venture capital last year, according to data compiled by BioEnterprise, a Cleveland-based life sciences development group, […]
Rickey public art arriving downtown in May-WEB ONLY
Ten of Indiana native George Rickey’s towering kinetic sculptures are coming to downtown Indianapolis in May. The downtown exhibit will overlap this summer with a career survey of the influential artist’s work, hosted by the Indianapolis Art Center in Broad Ripple. Then pieces from both shows will travel to South Bend, where Rickey was born […]
Report: Signs of life in local real estate-WEB ONLY
The real estate market hasn’t been pretty, but there’s reason for optimism, the local office of Colliers Turley Martin Tucker says in its annual State of Real Estate Market Report. The firm reports that although investment sales have slowed to a crawl, office vacancies are rising and retail developments are on hold, there are plenty […]
Local firm becoming NFL power
Even as the economy tanks, locally based MainGate Inc. continues to ink major merchandising deals. This week, MainGate signed a deal with the Kansas City Chiefs. This comes on the heels of a…
Holidays not bright for Finish Line-WEB ONLY
The Finish Line Inc. had a rough holiday season as traffic and sales fell and customers flocked to lower-priced merchandise, squeezing margins. Same-store sales for the Indianapolis-based retailer fell 6.8 percent in December, CEO Glenn S. Lyon said in a conference call with Wall Street analysts this morning. The company yesterday reported third-quarter results that […]
Hoosiers have reason to celebrate
Yes, there is some joy in Hoosierland today. And no it’s not because Pittsburgh is No. 1 in the college basketball poll. Well, actually that is the reason—kind of.
In a season that finds…
Star changes get mixed reviews-WEB ONLY
The Indianapolis Star’s decision to eliminate its business section and roll that news inside the paper’s main pages is generating mixed reactions from business and academic leaders. Changes to the Star, including the scrapping of its stand-alone, four-page business section, started yesterday and mainly are the result of declining revenue and surging newsprint prices, Star […]
Fan support determines future
While Indianapolis Colts coaches—and fans—are asking themselves if there are some soft spots in the roster, the team’s sales and marketing executives are pondering a different question: Is the fan base soft?
They’re about…Local battery maker seeking federal loans-WEB ONLY
Indianapolis battery developer EnerDel Inc. has applied for $480 million in low-interest federal loans through a new program intended to help U.S. automakers and their suppliers build more fuel-efficient cars. EnerDel would use the money to double the manufacturing capacity at its plants in Indianapolis and Noblesville, lifting production of lithium-ion battery packs for hybrid […]
Duke Energy lawyers accused of deceit
U.S. District Court Judge Larry J. McKinney is threatening to suspend counsel for Duke Energy, including its local attorneys,
from practicing in federal court after finding they misled Indianapolis jurors last May in a trial over air-pollution violations.Commerce chief joins Baker & Daniels
Indiana Secretary of Commerce Nate Feltman is joining Baker & Daniels after he leaves his state post at the end of the year. The law firm yesterday announced that Feltman will become a partner Jan. 12 in the firm’s business and corporate finance practice. Feltman, 38, will help lead Baker & Daniels’ economic development, government […]
Recession? Car show attendance running high
Car buffs aren’t letting negative news about the economy keep them away from the 2009 Indianapolis Auto Show. Attendance is running about even with last year’s show, said Marty Murphy, executive vice president of the Indianapolis Automobile Trade Association, the dealer group that sponsors the show. Last year, the seven-day event attracted 230,000. This year’s […]
Indy scores 2012 Super Bowl
In May, Indianapolis narrowly won the right to host the 2012 Super Bowl, beating out Phoenix and Houston at the National Football
League owners’ meeting in Atlanta.