$61M coming to Indiana to help low-achieving schools
Indiana will receive more than $61 million in federal stimulus money to help the state's lowest-achieving schools improve
their performance.
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Lilly to let 115 workers go in new outsourcing deal
Deal with unit of Massachusetts-based Thermo Fisher Scientific would keep many of the employees working in same
location.
Standoff comes to deadly end
A police standoff that lasted more than 12 hours ended Thursday morning when a Grant County man shot his estranged wife before
turning the gun on himself. Amy Nose and her husband, Paul, were going through a divorce, but friends say the couple talked
of reconciling. Still, Amy filed an intimidation report with police 24 hours before she was killed. Amy, who worked at nearby
Taylor University, had two daughters.
Woman arrested with drug stash in car
A 74-year-old New Castle woman faces drug charges after police found a stash of prescription pills in the woman's truck
during a traffic stop. Phyllis Williams told officers she didn't know how the medication, worth about $34,000, ended up
in her truck. She's now charged with several felonies including possession of a controlled substance. Williams has a history
of drug-related arrests.
Man killed in early-morning fire
Investigators suspect an electric heater caused a fire early Friday that killed a man on Indianapolis near-east side. Firefighters
found the body of William Ralston in the front room of his house on Villa Avenue, just south of Prospect Street. He was the
only person living in the two-story home. Ralston was using the living room as a bedroom, according to family. Fox59 will
have more at 4 p.m.
Weighing Google’s China decision
Ethical conundrums rarely present themselves in black-and-white. But Google gets high marks from a couple of Hoosier academics
who say the company made the right choice to leave China.
Delete Me
A mix of business and personal woes have pushed Steven Carter Ross, the longtime owner and manager of the Vogue nightclub, into personal bankruptcy. Steven Carter Ross has owned the Vogue, 6259 N. College Ave., since 1981. (IBJ Photo/ Perry Reichanadter) Now a judge must decide whether Ross can keep the popular Broad Ripple […]
Final Four corporate hospitality spending on the rise
Corporate hospitality at sports events has been stagnant in recent years, but organizers expect a big bounce for this year’s
NCAA Final Four in Indianapolis.
Butler benefiting big from basketball run
Besides an immediate bump in apparel sales, the university is expecting a jump in student applications, alumni contributions
and season-ticket sales, as well.
Indiana unemployment rate ticks up to 9.8 percent
The state’s jobless rate has been either 9.8 percent or 9.7 percent the past four months.
Simon Property hiked CEO’s pay 34.7 percent last year
David Simon’s $4.6 million in total compensation last year was $1.2 million more than in 2008. The rest of his management
team’s pay declined or remained flat.
Year-end growth spurt not likely to be repeated
The economy grew at 5.6-percent clip in fourth quarter, but the impressive number doesn’t indicate the recovery is strong,
economists say.
Lugar Tower project delayed by lack of tax credits
Renovation of apartment building owned by the Indianapolis Housing Agency will have to wait, after it failed to receive the
necessary federal backing to fund it. Three other IHA projects, including Caravelle Commons, will move forward, however.
Doctor’s license revoked over prescriptions
The Indiana State Medical Licensing Board voted Thursday to revoke the license of Dr. Beverley Edwards, who practiced in Anderson
from the mid-1980s to the early 2000s.
American Idol’s Seacrest to host April 3 “Big Dance” concert
Lineup features Darius Rucker and Daughtry.
Employers fret over health care overhaul
Most employers in central Indiana are just beginning to figure out what the health insurance reform bill will mean for their
businesses. Caterpillar Inc., which employs nearly 1,500 at an engine plant in Lafayette, expects costs to rise about 20 percent.
Local security division of Stanley keys growth for company
Stanley Black & Decker, based in New Britain, Conn., reported 2009 profit of $224 million. Its Indianapolis-based security
division, one of three segments, accounted for more than half those earnings.
Vogue owner’s bankruptcy may force sale of venue
A mix of business and personal woes have pushed Steven Carter Ross, the longtime owner and manager of the Vogue nightclub,
into personal bankruptcy. Now a judge must decide whether Ross can keep the popular Broad Ripple music venue, or if he must
sell it to satisfy his creditors and his estranged wife.
IBJ honored for Simon and Durham stories, Web site
IBJ received three national journalism awards at the Society of American Business Editors and Writers’ annual conference March
20 in Phoenix.
Airport ponders radical ideas to boost revenue
The Indianapolis Airport Authority is poised to pull out all the stops to maximize revenue in the face of declining travel.
Possibilities include hosting a farmer’s market atop the airport parking garage and opening secure areas to shoppers who aren’t
flying anywhere.