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What does Facebook tell your banker?
In addition to the expected factors like a potential borrower’s credit history and business plan, lenders increasingly are weighing intangibles such as moral character.
Lilly’s Alimta get favorable opinion for new use in Europe
If approved for continuation maintenance, Eli Lilly and Co.’s Alimta could be used for longer stretches in lung cancer patients, generating more revenue.
Circle Centre resolves lease dispute with Cinnabon
An attorney for the downtown Indianapolis mall has filed to dismiss the complaint, saying the two sides have resolved the dispute through an out-of-court settlement.
Republic Airways subsidiary cutting 213 jobs
Frontier Airlines, a division of Indianapolis-based Republic Airways Holdings Inc., plans to eliminate 213 jobs at Mitchell International Airport in Milwaukee, where it is also cutting flights to several cities.
Panel: State power rates will rise 20 percent over 6 years
Factors driving up rates will be new plant construction, installation of pollution controls, and improvements to extend the operating life of existing power plants.
Daniels counsels patience with Perry candidacy
Daniels expresses concern that eventual nominee will play it safe, miss opportunity to have frank discussion about spending.
City hopes bike hub can begin to change commuter habits
The hub opened this month within a new YMCA as part of a $3.5 million renovation of City Market.
Comcast announces layoffs, hirings in Fishers
Cable TV giant Comcast Corp. has notified the state of Indiana that it plans to eliminate 57 customer-retention employees in its Fishers office by the end of the year, but also plans to add 37 customer-service workers during the same time period.
NBA postpones camps, cancels 43 preseason games
The cancellations will cost the Indiana Pacers three preseason games, including home games Oct. 11 vs. the defending NBA champion Dallas Mavericks and Oct. 15 against the Orlando Magic.
Concert held for missing IU student
An estimated 2,000 people showed up in the rain for a concert Thursday evening in Bloomington for a missing Indiana University student. Lauren Spierer, then 19, disappeared in June after a night out partying with friends in Bloomington. The "Shine 4 Lauren" event at IU's Dunn Meadow featured three bands and IU men's basketball coach Tom Crean. Spierer's parents urged people to come forward with any information.
Romney to campaign, raise money in Indy
Former Massachusetts Gov. Mitt Romney will be in Indianapolis Friday night to build his base of Hoosier supporters and raise money for his presidential campaign. The candidate will speak at the J.W. Marriott and plans to attend a pair of fundraisers. Romney will be the third candidate to talk to Republican Hoosiers at one of the state party's forums. Former Godfather's Pizza CEO Herman Cain and former Utah Gov. Jon Huntsman campaigned here last month. Texas Gov. Rick Perry is scheduled to visit Indianapolis Oct. 12.
Fire ruins 42 Speedway apartments
One firefighter and one resident were hurt Thursday evening in a Speedway blaze that displaced 42 families. Fire crews from Indianapolis, Pike Township, Wayne Township, Avon and Speedway spent three hours battling the fire, which broke out at about 6:40 in the 2000 block of High Eagle Trail at Eagle Lake Landing. Three units initially caught fire, and more than 40 of the 62 units suffered heavy damage. The cause is being determined.
WOJTOWICZ: Character always counts—even in loan decisions
During these difficult times, small-business lenders are looking harder at intangibles—including a borrower’s character.
Judge stays decision in WellPoint policyholder case
Former policyholders of WellPoint Inc., who won a right to a class-action trial over their claims that they were shortchanged when the company went public a decade ago, will have to put their trial plans on hold.
Plan approved to distribute fair stage-collapse donations
The families of the seven people killed in the Indiana State Fair stage collapse will receive $35,000 each from a relief fund that collected donations for the victims.
Interactive Intelligence hits 1,000-employee mark
The Indianapolis-based software firm said it has added 190 jobs in Indiana since the beginning of 2010—a 46-percent growth rate in its state employment.