Slots revenue revives hopes of state’s horse breeding industry
Purses at Hoosier Park in Anderson and Indiana Downs in Shelbyville have swollen since the two tracks added slot machines
in June 2008.
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Developer Broadbent sues banks after they tighten credit line
Locally based Broadbent Co., one of the city’s biggest retail developers, has sued two of its banks, charging they’re
wrongly attempting to restrict its access to a $50 million credit line.
NCAA, city haggle over Final Four rental deal
A little more than six months before the 2010 NCAA men’s Final Four is set to tip off at Lucas Oil Stadium, the NCAA
has not yet finalized a rental deal for the facility. While officials for the NCAA and Local Organizing Committee,
the group charged with operating the event in Indianapolis, downplay any problems, sports business experts say it is unusual
not to have an agreement pinned down in the months leading up to the event.
Indiana turns away booze-distribution heavyweight
The Indiana Alcohol and Tobacco Commission has voted to deny liquor and wine permits for Southern Wine & Spirits of
America Inc., the nation’s largest liquor distributor, citing concerns over a track record of anti-competitive behavior.
Australian owner abandons efforts to sell Chase Tower
Macquarie Office Trust of Sydney has quietly pulled the 48-story Chase Tower off the market, along with a property in Boston and a property in Denver that failed to draw juicy enough offers.
Indians report 2009 attendance figures
The Tribe attracted 549,552 fans (8,202 per game) to Victory Field this season—its third-best average
since 2001.
Super Bowl Committee adds vice president of event operations
The 2012 host committee recently hired South Bend native and Indiana University graduate Michelle Raines,
who previously served in senior management roles for four Republican national conventions.
New owner to rehab two century-old apartment buildings
A local real estate veteran who had planned to retire has instead jumped back into the game with the purchase of two vacant
downtown properties he plans to convert to market-rate apartments.
Weight-loss challenges at local firms raise money for charity
Employees at five different companies collectively lost 805 pounds over six weeks this summer. They also
raised $805 for Big Brothers/Big Sisters of Central Indiana.
Indianapolis Economic Development Inc. boasts job-creation success
In the worst recession since the Great Depression, it must be difficult to broker business expansions. But
IEDI’s making no excuses for the city’s job creation and retention figures. In fact, it’s touting them.
Simon built mall empire from scratch, changed way America shops
Melvin Simon, who died at 82 on Sept. 16, grasped early on that creation of the nation’s interstate system would pave the way for
large, enclosed shopping centers.
FedEx trying to fend off reclassification of its workforce
FedEx brass have been trying to counter legislation pending in Congress being pushed by arch rival United Parcel Service
and the Teamsters union.
EDITORIAL: Melvin Simon’s legacy goes beyond real estate
Melvin Simon was a businessman and philanthropist of national prominence, but the vast real estate empire he helped build
is not his legacy here.
EDITORIAL: Myles Brand took on tough tasks
At the NCAA, Myles Brand took
on the monumental task of striking an appropriate middle ground between academic integrity in college sports and the giant
commercial operation that athletics has become.
MAURER: Here’s some off-the-wall advice for unemployed
As an old-timer, I am honored when asked for business advice. Because so much of the labor force has been idled,
recent inquiries have come from Hoosiers with resumes in hand. I am afraid my usual advice isn’t working, so I have
some new ideas—new opportunities to investigate in the face of this job crisis.
LOU’S VIEWS: City Ballet off to stunning start
The would-be Indianapolis City Ballet raised the bar high with a star-studded gala that brought together some of the top young dancers in the
world.
DINING: New IMA eatery keeps things new
The menu changes weekly at the Indianapolis Museum of Art’s new eatery, Nourish.
STYLE: Does Indy stock what Vogue touts?
In New York, the word September is synonymous with fashion. What about Indy?
Bluefish Wireless launches unit to help firms manage wireless-phone expenses
Mobi Wireless is targeting medium-size to large companies needing more control of wireless expenses
and fewer internal resources dedicated to the task.