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Simon investors can proceed with CEO pay suit, judge rules

June 5, 2013

Simon Property Group Inc. investors can continue with a lawsuit in which company directors are accused of improperly raising CEO David Simon’s pay without shareholder approval, a judge ruled.

Marion mayor seeking GOP nod for Indiana treasurer

June 5, 2013

Former Olympic figure skater and Marion Mayor Wayne Seybold announced Tuesday he would seek the Republican nomination for the office primarily concerned with state investments and pensions.

National mortgage settlement checks in the mail

June 5, 2013

Indiana Attorney General Greg Zoeller says checks totaling more than $26 million will be mailed to more than 18,000 Indiana consumers this month containing shares of the National Mortgage Settlement.

Review: ‘West Side Story’ at Clowes Hall

June 5, 2013

The smart decision to incorporate more Spanish into the script isn’t enough to save a compromised production of the musical theater classic.

Metropolitan development director gains deputy

June 4, 2013

The department has been without a deputy director since 2002, when former Mayor Bart Peterson eliminated the position because of budget reductions, DMD spokesman John Bartholomew said.

State charter schools leader takes national job

June 4, 2013

Russ Simnick, president of the Indiana Public Charter Schools Association since 2008, has taken a job with the Washington, D.C.-based National Alliance for Public Charter Schools, the IPCSA announced Tuesday.

Professional Shakespeare in the park to returneth this summer

June 4, 2013

Thanks to grants from the Central Indiana Community Foundation and Lilly Endowment, a shrew will be tamed in August … and you’ll have a better chance of hearing it.

Gasoline nears $4 in much of state

June 4, 2013

Gasoline prices are at nearly $4 a gallon in many metropolitan areas in Indiana, with a high of $4.07 a gallon in Gary. AAA said Indiana’s average for a gallon of regular unleaded was $3.95 a gallon Monday, up 19 cents in a week. The average cost for a gallon of gas was $3.99 in South Bend and Bloomington, $3.98 in Indianapolis and Fort Wayne, and $3.97 in Terre Haute. AAA reports gasoline-supply problems should ease over the next month as some refinery maintenance ends.
 

Garage fire knocks out power

June 4, 2013

A garage fire early Tuesday morning on the south side of the city damaged an electrical transformer, knocking out power to about 45 Indianapolis Power & Light customers. Fire crews had to avoid downed power lines when they battled the fire in the 3700 block of South Randolph Street about 4:40 a.m. No injuries were reported.
 

Woman injured after crashing into building

June 4, 2013

 A woman was seriously hurt after crashing her car into a building in Speedway about 9:30 a.m. Tuesday. The woman drove her blue Mercedes into Appearances Styling Salon near 16th Street and Lynhurst Drive. She was trapped in the vehicle for about 25 minutes until firefighters freed her. Police weren't sure what led to the crash.

ExactTarget sale caps success story; CEO mum on Indy work force

June 4, 2013

ExactTarget CEO Scott Dorsey said the company will remain “very committed to Indianapolis” after its $2.5 billion buyout by tech giant Salesforce.com, but he would not comment on potential changes to the local work force of more than 1,000 employees.

Critical and potentially expensive off-season decisions loom for Pacers

June 4, 2013

“I’m looking forward to seeing what this team looks like in three months,” Pacers forward David West told reporters following Monday night’s game-seven loss at Miami. So are myriad Pacers fans.

Roundup: Bagger Dave’s expanding area presence

June 4, 2013

Bagger Dave’s leads the Retail Roundup, with plans to open a restaurant in Avon next month and another in Greenwood in October. The Michigan-based chain’s lone location is on Indianapolis’ northwest side.

Property Lines template

June 4, 2013

Property Lines template

June 4, 2013

Former Q-95 executive lands gig in Chicago

June 4, 2013

Marty Bender, who spent more than 20 years guiding local classic-rock radio powerhouse WFBQ-FM 94.7 as program director before his abrupt firing in 2010, has been hired as at WILV Chicago.

Ivy Tech sticking with Noblesville despite possible cutbacks

June 4, 2013

Lawmakers included $12 million in the state budget for renovations to the building that will house a new Ivy Tech campus in Noblesville—saving the site as the school considers closing some locations.

Marian has waiting list for very first medical class

June 4, 2013

Marian University in Indianapolis has announced it has reached its self-imposed limit of 162 students for the incoming class of its new college of osteopathic medicine. It will be the first medical school to open in Indiana in more than 100 years.

Muncie council backs $60M project near Ball State

June 4, 2013

The Muncie City Council has approved financing for a six-story parking garage as part of a planned $60 million project with apartments and commercial storefronts.

Salesforce.com buying Indy’s ExactTarget in $2.5B deal

June 4, 2013

ExactTarget, an Indianapolis-based digital marketing company, is fetching $33.75 per share—a whopping 53-percent premium to where its stock closed Monday.

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