Abatement approval paves way for Covance jobs
The Hancock County Council this morning unanimously approved a tax-incentive agreement that should lead Covance Inc. to add
315 jobs at its Greenfield Laboratories.
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CARUSO: Real estate buyers, sellers, must recalibrate expectations
Mergers and acquisitions have all but ground to a halt because of lack of credit, disparate expectations between buyers and
sellers, and hesitance on the part of buyers to deploy their capital.
SCOLNIK: Indianapolis in dire need of more investment banks
A scarcity of investment bankers is hurting business growth in the Indianapolis area. Investment bankers play a crucial role
in helping businesses find growth financing.
Ron Henriksen has accumulated a lifetime of mergers and acquisitions
A light touch and an eye for detail have brought Ron Henriksen riches and adventure in a humble life of deal-making. And at
age 70, he has no plans to stop.
Kaiser: Not time for arts cutbacks
Representatives from most of the area’s professional arts organizations — plus other interested parties — gathered yesterday at Butler for a Q&A session with Kennedy Center chief Michael Kaiser. It was the latest stop on his 50 state Arts in Crisis tour…
Grizzled entrepreneur: Pounce now
Dave Becker has made a lot of money on ventures including First Internet Bank and a banking software firm
called re:Member Data Services, so his thoughts about the right time to launch a business are not exactly
uninformed.
When is the…
Local company acquires monster truck series
The Promotion Co Inc., an Indianapolis-based event promoter, said today that it has acquired the Monster Nationals series
of monster-truck shows from Image Promotions Inc. in Chardon, Ohio.
Vet supplier promises 30 jobs in Whitestown
Idaho-based MWI Veterinary Supply Inc. said today it will establish distribution operations in Indiana by leasing space in
Whitestown, creating more than 30 new jobs by the end of the year.
Noble Roman’s profit up, revenue down
Noble Roman’s Inc. late yesterday reported a larger profit in the second quarter, primarily due to its continuing efforts
to cut expenses by replacing company-owned restaurants with franchises.
Steak n Shake posts profit, rise in customer traffic
Steak n Shake Co. late yesterday reported strong profit and big increases in customer traffic and same-store sales for its
fiscal third quarter, which ended July 1.
City-County Council OKs hotel tax hike
The City-County Council voted 15-14 last night to approve raising the local hotel tax from 9 percent to 10 percent in a move
intended to help the cash-strapped Indianapolis Capital Improvement Board close a $47 million operating deficit.
Manning drives value of jersey spot
After watching heavy doses of ESPN SportsCenter this weekend, it’s easy to see why the Indianapolis Colts are one of only a handful of NFL franchises so far to sell an ad on…
Deal to save winged canopy
A compromise between an historic preservation group and a local business owner will save an iconic “bat-wing” canopy outside a downtown gas station.
White Rabbit news
Wondering what’s up with Fountain Square’s new White Rabbit Cabaret? (See Property Lines blog here.)
Debra Silveus, a partner in the new 2000-square-foot, 100-person capacity venue, tells me that her new space will include, but won’t be limited to,…
Good reasons for AI acquisition
I’ve heard from a lot readers about the possibility of the Indiana Pacers acquiring guard Allen Iverson. And the topic got quite a bit of banter on the market’s two leading sports talk…
United Way turns to the rich
The wealthy in the Indianapolis area arenâ??t carrying their weight in supporting United Way of Central Indiana,
according to an analysis by the not-for-profit   comparing places including Cincinnati, Milwaukee and Columbus,
Ohio.
The Indianapolis chapter has 22 â??principalâ?? donors, defined as…
College Park theater closes
The AMC Loews College Park 14 movie theater has closed after a 25-year run at West 86th Street and Michigan Road. The outdated theater in the Walmart-anchored complex couldn’t compete with Showplace 12 at Traders Point, which opened a few years ago
You-review-it Monday
This weekend, for me, included a shift with “Pump Boys & Dinettes” at Indianapolis Civic Theatre, a visit with the kimodo dragons at the Indianapolis Zoo, and exposing two more people to “Memory Cloud,” the new installation at the entrance to the Indianapolis…
Indianapolis Motor Speedway CEO takes over at difficult time
New Indianapolis Motor Speedway CEO Jeff Belskus has long been a behind-the-scenes figure at IMS. As the new leader of the
Brickyard and the Indy Racing League, he faces several challenging issues, including gaining the confidence of the racing
community.
IRL TV ratings down in Kentucky
The Meijer Indy 300 at Kentucky Speedway earned a .14 national television rating, according to Nielsen Media Research. The rating means 165,000 TV households nationwide watched the race which aired on Versus cable…