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A Noblesville man was sentenced to one year of home detention yesterday after pleading guilty to mortgage fraud in federal court. He also was ordered to pay $262,424.76 in restitution to three lending institutions. Marvin G. Hampton, 66, operated a real estate company, Glen Mar Land & Home Corp., that bought homes in poor neighborhoods […]
Ball State University is proposing a tuition and fees increase of about 4.2 percent for the coming school year, a slightly smaller hike than those planned at other public universities in Indiana. Under Ball State’s proposal, in-state undergraduate students would pay an extra $329 for 2009-10, or a total of about $7,830 for the academic […]
A former Indiana pastor and his sons have pleaded not guilty to charges they bilked church members out of millions of dollars intended for church construction projects. A Sullivan County judge appointed defense attorneys today for 65-year-old Vaughn Reeves, 40-year-old Chris and 32-year-old Josh. The oldest son, 44-year-old Chip, is being represented by attorneys Jim […]
HHGregg Inc. said this morning that the bankruptcy of competitor Circuit City should enable the company to open more stores
within the next few years than previously expected.
The Indianapolis-based Mobile Enhancement Retailers Association, a not-for-profit trade group of automobile electronics specialty retailers, has agreed to be acquired by Boston-based InstallerNet Inc. InstallerNet is a technology services company that coordinates the installation of consumer electronics through a network of independently owned mobile and home electronics businesses. Under the proposal announced today, InstallerNet’s 2,000 […]
Michael Phelps hits the pool in downtown Indianapolis today in his biggest swim meet since the Beijing Olympics. Phelps will swim the 200-meter freestyle and 200-meter butterfly at the U.S. Nationals at the Natatorium at IUPUI. Phelps is remaking himself with a focus on the shorter events as he heads toward the 2012 London Olympics, […]
The theatrical event “Walking with Dinosaurs” opens in Indianapolis today. Fifteen life-sized prehistoric creatures seemingly come to life in the show. The event runs at Conseco Fieldhouse through Sunday.
One of the nation’s largest Christian denominations is addressing the nation’s financial crisis with what it hopes will be a spiritual teaching moment as well as a cost-saver. Fifty United Methodist Church bishops in the United States will roll back their salaries by 4 percent next year in what Bishop Gregory Palmer of Springfield, Ill., […]
The Indiana National Guard held a departure ceremony for about 30 members of the 2,150th Fires Team this morning at the 38th Infantry Division Armory Support Facility on Minnesota Street in downtown Indianapolis. The unit will undergo several weeks of pre-mobilization training before departing for Iraq.
Motorists who renew their Indiana driver’s licenses or obtain new ones will have to present documents to prove their identities beginning next year. Bureau of Motor Vehicles Commissioner Andy Miller said today the one-time requirement is part of an effort to stem identity theft by complying with the 9/11 commission’s recommendations and federal law. Anyone […]
Drugmakers Eli Lilly and Co., Amylin Pharmaceuticals Inc. and Alkermes Inc. said yesterday that the U.S. Food and Drug Administration
has accepted their application for the once-a-week diabetes drug exenatide.
Steak n Shake Co. yesterday reported big increases in customer traffic and same-store sales for its fiscal third quarter,
which ended July 1. Customer traffic rose 13.4 percent and same-store sales jumped 5 percent in the quarter compared to the
same period a year ago, it said in a brief Securities and Exchange filing.
The upcoming print issue of IBJ will include a preview of the Indianapolis International Film Festival, including our guide to the Best of the Fest. When that hits the stands, you’ll also find a rundown of Recommends, If You…
Drugmakers Eli Lilly and Co., Amylin Pharmaceuticals Inc. and Alkermes Inc. said yesterday that the U.S. Food and Drug Administration has accepted their application for the once-a-week diabetes drug exenatide. Exenatide is the primary ingredient of Byetta, a treatment for type 2 diabetes. While Byetta is injected twice a day, the newer drug is intended […]
Two Indianapolis benefits consulting firms have finalized their merger, the companies announced this morning. Terms of the
deal between Benefit Associates Inc. and Benefit Consultants Inc., in the works since March, were not disclosed.
HHGregg Inc. said this morning that the bankruptcy of competitor Circuit City should enable the company to open more stores within the next few years than previously expected. The Indianapolis-based electronics and appliances retailer now plans to open between 20 and 22 stores in fiscal 2010, which began March 31, up from previous estimates of […]
The Indiana Bureau of Motor Vehicles says it will announce new security initiatives for driver’s licenses, permits and ID cards. Commissioner Andy Miller will announce the measures during a news conference this morning at the Indiana Government Center in downtown Indianapolis. The announcement comes about a month after BMV officials announced the arrest of a […]
Two Indianapolis benefits consulting firms have finalized their merger, the companies announced this morning.Benefit Associates Inc. and Benefit Consultants Inc. revealed their plans to merge in March. Terms of the deal were not disclosed.The two companies have not selected a common name, and will continue to operate under both names “for the next few months,” […]
Health care reform is making for odd bedfellows. The pharmaceutical industry – which for two decades has given twice as much in campaign donations to Republicans as Democrats – organized a panel composed mostly of Democrats on Tuesday in Indianapolis to argue its position on health care reform. Former Democratic House Majority Leader Richard Gephardt […]
Steak n Shake Co. yesterday reported big increases in customer traffic and same-store sales for its fiscal third quarter, which ended July 1. Customer traffic rose 13.4 percent and same-store sales jumped 5 percent in the quarter compared to the same period a year ago, it said. The Indianapolis-based burger chain reported the figures in […]
