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Recession ships more Indiana jobs to other countries
The number of Indiana plants, warehouses and offices sending jobs abroad since the recession began in December 2007 is more
than double that of past economic downturns.
Consumer spending rises, but stocks end April on down note
Goldman Sachs investigation sparks fears about harm to banking industry.
Governor says Indiana won’t increase high-risk insurance pool
Daniels cites unacceptable financial risks to state in announcing federal government will establish such coverage here.
Simon Property cooperating With FTC on Prime Outlets inquiry
Some retail tenants of outlet malls are concerned about Simon gaining too much market power should its acquisition of Prime
Outlets be approved.
Sale of Memory Gardens restores $20M in trust funds
Acquisition by Indianapolis-based funeral home and cemetery business by Pennsylvania-based company will preserve funds depleted
by former owner.
Man attacked for smoking at boarding house
A quarrel over smoking left a south-side Indianapolis man with a broken jaw and eyesocket. Gary Biggerstaf said he was smoking
Wednesday night in a kitchen he shares at a boarding house at 1872 South Shelby Street when his new neighbor, Fred Robison,
told him to put out the cigarette. Biggerstaf said Robison, 28, began to beat him when he refused. Robison told police he
was defending himself from Biggerstaf.
Mold hurting evidence at crime scenes
An Indianapolis Metropolitan Police Department pilot program meant to help officers collect DNA evidence off guns appears
to be an initial bust. Mold spores growing on swabs used in the program made the majority of them useless as court evidence.
The 20-month program ended in March. The 183 guns were swabbed with the prototype swabs, but 141 came back with mold. Fox59
will have more at 4 p.m.
Indy water expected to taste better in week
More complaints are pouring in about the taste of Indianapolis' water. Boats loaded with chemicals are being sent to the
Prairie Creek Reservoir, which connects to the White River. Prairie Creek is in Delaware County, outside of Muncie. Indiana
American Water hopes algaecide will eliminate a rare early-season algae bloom that's affecting the water supply in Indianapolis
and Muncie. Water officials say the water is safe to drink, despite a musty taste.
UPDATE: Tennis Center set for summer demolition
Sources close to the university said they expect a combination of parking facilities and a multi-use athletics venue and convocation
center to be built on the site.
Taft takes four patent lawyers from Bose McKinney
The highest-profile addition is Jim Coles, a veteran lawyer who will co-lead his new firm’s intellectual property practice.
Goldsmith to become New York deputy mayor, reports say
Goldsmith, 64, was Indianapolis mayor from 1992 to 2000. He will replace Ed Skyler, 36, who is leaving the post to join Citigroup.
Goldsmith named deputy mayor of New York City
The former Indianapolis mayor will become a deputy mayor and oversee the fire and police departments.
Wishard foundation hires new CEO
The Wishard Foundation announced Friday that it has named Ernest Vargo II as its president and chief executive officer. A veteran fund-raiser, Vargo takes the job as the Wishard Foundation embarks on a $50 million capital campaign to build a new Wishard Hospital. Vargo, who is also a consultant at Johnson, Grossnickle & Associates, has […]
Wishard Foundation appoints new leader
Ernest Vargo II’s Vargo’s top priority will be guiding the foundation’s $50 million capital campaign for the construction
of the new, $754 million Wishard Hospital.
Employment costs up 0.6 percent in first quarter
The increase was the biggest quarterly gain since a similar 0.6-percent rise in the third quarter of 2008.
Simon Property earnings fall on debt-retirement expenditures
Funds from operations fell to $325.6 million, or 94 cents a share, from $476.8 million, or $1.61 a year earlier, the Indianapolis-based
shopping mall giant said Friday morning.
ExactTarget reports record quarterly revenue
The Indianapolis-based e-mail marketing firm posted revenue of $29 million in the first three months of the year, a 37-percent
increase from the same period last year.
