Carmel company plans to expand, add employees
Dealer Services Corp. announced Monday morning that it plans to create up to 60 jobs by the end of 2012 and invest $6.4 million
in its Carmel headquarters.
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State funneling weatherization funds to builders’ group
The Indiana Builders Association will receive nearly half of the $132 million the state is receiving through the American
Recovery and Reinvestment Act to weatherize more than 30,000 households
Official admits welfare privatization lacks personal touch
Indiana’s human services chief is acknowledging one of the biggest criticisms of the state’s privatized welfare system,
telling lawmakers it does not provide enough face-to-face interaction between caseworkers and welfare recipients.
WIBC wins Marconi Award for station of year
Emmis Communication Corp.’s WIBC-FM 93.1 won the 2009 Marconi Radio Award for Large-Market Station of the Year yesterday in
a ceremony in Philadelphia.
Finish Line shares rise despite quarterly loss
Shares in locally based athletic retailer The Finish Line Inc. jumped Friday morning after the company reported a narrow loss
for the second fiscal quarter, mostly because of the large cost of unloading its unsuccessful Man Alive stores in July.
Developer plans student housing along canal
A local developer has filed plans to build a new apartment complex designed for college students a few blocks east of the
Central Canal.
Indy Racing League TV ratings skidding toward season’s end
Indy Racing League television ratings on cable channel Versus dipped below average at Japan race. Now open-wheel series’ new
TV partner is picking up NASCAR programming. So what gives?
The impact of divorce on business
Researchers have long known that divorce affects work place performance, but a human resource professional has learned that
a gentle response results in loyalty and happy customers.
Indiana improves in business tax ranking
Indiana is becoming more business-friendly, according to the latest national ranking from the Tax Foundation, which moved the state
up two places to 12th.
Patrick reaches agreement to stay with IRL team
Danica Patrick has reached an agreement on a three-year contract to remain at Andretti Green Racing and stay in the IndyCar
Series, according to a report in Sports Illustrated.
Taiwan making deal to buy Indiana corn, soybeans
Indiana and Taiwan plan to sign a multimillion dollar agreement for the Asian country’s purchase of Indiana corn and soybeans.
Greenwood man admits stealing cemetery funds
A man admits embezzling about $4.2 million in perpetual-care trust funds from a Michigan cemetery operated by his Indianapolis-based
company.
Insurer fires latest round in $125M utility case
John Hancock Life Insurance Co. today asked a federal judge to force Hoosier Energy Rural Electric Cooperative to post an
additional $20 million in escrow as the utility continues to challenge a $125 million claim against it by the New York-based
insurer.
Finish Line suffers second quarter loss
Sporting goods retailer The Finish Line Inc. said on Thursday that it lost $874,000 in the second quarter, mostly because
of a loss it took by unloading its unsuccessful Man Alive stores in July.
St. Francis resumes work on $265M project
With its financial performance exceeding expectations, St. Francis Hospital & Health Centers will resume construction on a $265 million, 221-bed patient tower at its Indianapolis campus, the hospital system announced Thursday.
Widow likely biggest beneficiary of Simon’s estate
Bren Simon likely will inherit at least one-third of her billionaire husband’s fortune and potentially much more,
wealth managers speculate, based on the legal and tax issues involved in such a large estate.
Hospitals, doctors finally integrating patient care
The stitching together of doctors and hospitals—two groups that historically have kept each other at arm’s length—is
a trend picking up speed locally and nationally and could accelerate even further if Congress passes health care reform.
MZD, Kron add clients to roster
Two local advertising agencies recently signed new clients: MZD Advertising signed a deal to be agency of record for Edward’s Transmissions and Engines, and Kron & Associates recently was named agency of record for the School of Adult Learning at Anderson University.
Water utility wants millions for treatment-plant upgrade, dam repair
Already swamped with higher debt costs due to a bond refinancing fiasco, the city’s Department of Waterworks is asking
the Indiana Utility Regulatory Commission to OK a rate hike to pay for capital projects.
Influential team owner thinks hot rod group should move HQ from California to Brownsburg
A meeting between high-level National Hot Rod Association executives—including NHRA President Tom Compton—and
Gov. Mitch Daniels and members of the Indiana Economic Development Corp. has fueled speculation that the drag racing group
might be looking to significantly expand its presence here.