Fresh renderings: $23M Millikan on Mass Ave
Check out brand-new renderings of a $23 million residential and retail development planned for the land surrounding the Barton Tower apartments along Massachusetts Avenue between Michigan and East streets.
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Corvette named as Brickyard pace car
Chevrolet will use a new Corvette as this year's pace car for the Brickyard 400. The Corvette ZO6 will be driven by Hollywood director Ron Howard. Camaros will be used as pace cars for this weekend's other races in Indianapolis, including the Grand Am Rolex Series Race and the NASCAR Nationwide Series Race.
I-69 to get new exit numbers
Indiana transportation officials held a public hearing Thursday morning to discuss upcoming changes to the exit numbers on Interstate 69. Every exit on I-69 from Indianapolis to the Michigan border will have 200 added to it. For example, Exit 5 in Fishers will become Exit 205. The new exit signs will start going up in early August. The numbers must be changed to comply with federal regulations, officials said.
Firefighter injured in blaze
An Indianapolis firefighter was taken to a hospital early Thursday morning with second-degree steam burns to his legs after battling a house fire in the 1100 block of North Keystone Avenue. The blaze broke out just after 3 a.m. and took about 15 minutes to extinguish. The house, which had been vacant for about four months, suffered $30,000 in damage.
Elkhart factory to close by 2013, costing 210 jobs
Auto-parts maker Gunite Corp. plans to move its manufacturing operations to Rockford, Ill., phasing out Elkhart workers beginning in late September.
IU followers could learn from Penn State players
Penn State football players have quickly grasped a fundamental truth that will help put the school on the road to recovery. It took many IU followers years to figure it out. Some still haven't got it.
Cook Medical shelves Midwest expansion plans
Cook Medical Inc. had been planning to open five new manufacturing plants over the next five years in small communities around the Midwest, including Indiana, but has shelved those plans because of the hit it will take from a new U.S. tax on medical devices.
Roche’s diagnostics sales increase 5 percent in first half
Roche Holding AG racked up nearly $1.4 billion from North American sales of its diagnostic products, the Swiss drug and device firm reported Thursday.
CEO Braly gets WellPoint board backing after cutting forecast
WellPoint Inc.’s board, reacting to criticism after the health insurer cut its profit forecast on Wednesday, said the management team led by CEO Angela Braly has its full support.
Judge rejects Fair Finance attorneys’ fee request
The compensation plan submitted by Cleveland-based Baker & Hostetler LLP could have netted the law firm $32.5 million if it recovered the entire $200 million or more owed to investors of Fair Finance, which was owned by convicted Indianapolis financier Tim Durham.
Life Sciences Power Breakfast – transcript
Life sciences leaders discuss topics ranging from accomplishments to initial public offerings and the nature of innovation at the July 25 event.
CityWay sells out first phase of apartments
Developer Buckingham Cos. has taken deposits for all 100 apartments in the first phase of its $155 million CityWay project at Delaware and South streets in downtown Indianapolis.
Former state senator Clark picked to lead law firm
J. Murray Clark takes over at Faegre Baker Daniels LLP for Jacqueline Simmons, who became general counsel of Indiana University on July 1. Clark is former chairman of the Indiana Republican Party and served as a state senator for 11 years.
Dow Agro sales surge to record in second quarter
The Indianapolis-based division of Dow Chemical Co. posted record second quarter sales of $1.7 billion, up 12 percent from the year-ago period, due to a small increase in prices and the introduction of new products.
ITT stock sinks after profit plunges 42 percent
ITT Educational Services Inc.'s stock took a licking Thursday after its quarterly earnings report badly missed expectations of Wall Street analysts.
Duke takes smaller loss despite falling revenue
Indianapolis-based Duke Realty Corp. on Wednesday reported a second-quarter loss of $28.5 million, slightly smaller than a loss of $29 million in the same quarter of 2011.
Agency blames caseworker turnover on pay, scrutiny
Indiana's Department of Child Services on Wednesday blamed a combination of low pay and job stress stemming from media coverage of the agency for an increasing turnover rate among child caseworkers.
Hill-Rom stock swoons after $400M acquisition
Investors reacted negatively Thursday after medical equipment and hospital bed maker Hill-Rom Holdings Inc. on Wednesday said it was acquiring Aspen Surgical Products for $400 million.
