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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 […]
Nestle USA plans to ask Anderson’s City Council for a tax break on equipment for its expanded plant that it says will lead to the hiring of nearly 99 people. Nestle is scheduled to make the request tomorrow for a 10-year tax abatement on new equipment valued at $200 million. The break is worth about […]
Indiana says it will use a new law and improved services to better protect residents from identity theft. A new state law creates the crime of synthetic identity theft to specify that combining parts of the identities of into a hybrid, fictional person in order to commit fraud is a felony punishable by six months […]
Resigned to inevitable government curbs on their carbon dioxide emissions, about
all Indiana utilities could do was say which poison they’d prefer to swallow. They’re closer to
getting their favorite poison, with the U.S. House passage June 26 of a bill that would create a market
for trading carbon dioxide permits.
Investors are sending stocks lower as another tumble in oil prices undermines the case for an economic recovery. Major stock market indexes skidded about 2 percent today as crude dropped for the fifth straight day, the latest indicator that investors think demand for energy and basic materials will remain soft. The Dow Jones industrial average […]
Led by Baker & Daniels LLP, Indianapolis’ three largest law firms are recognized in the July issue of The American
Lawyer magazine for their pro bono work.
The recession is winding down in Indiana, but the state will lag a few months behind the nation when the
economy starts to pick up steam.
Thatâ??s how an Economy.com specialist who tracks Indiana sees it.
Sean Maher, who also focuses on…
Radio executive Tom Severino, who managed four local stations for Indianapolis-based Emmis Communications Corp., died yesterday
after a five-month battle with cancer. Severino, 57, was vice president and general manager of WIBC-FM 93.1, WLHK-FM 97.1,
WFNI-AM 1070 and WYXB-FM 105.7.
Indiana and Indianapolis arts agencies will receive more than a half-million dollars in federal stimulus money to help save
jobs at local organizations, the National Endowment for the Arts announced today. A second round of American Recovery and
Reinvestment Act funding includes $250,000 for the Arts Council of Indianapolis.
The Indiana Department of Correction expects to gain more than 2,000 beds for inmates by shifting prison programs and inmates to different locations. Female youth offenders will move from Indianapolis to Madison in southeastern Indiana. Adult females in the Indiana Women’s Prison near downtown Indianapolis will be moved to the former juvenile facility. And the […]
A local developer is planning a retail strip center along Madison Avenue just south of downtown in a neighborhood that’s been
begging for investment for years. The plans by Keystone Construction Corp. call for a 25,000-square-foot retail
center at 1400 Madison Ave., across from Sisters’ Place Restaurant.
Indiana’s privately run welfare project has so many problems that the state could start taking steps to cancel its $1.16 billion contract with IBM as early as this fall, a state official said today. Secretary Anne Murphy of the Indiana Family and Social Services Administration said she asked lead vendor IBM Corp. to submit a […]
In addition to its slate of plays and musicals, Indianapolis Civic Theatre will be adding a pair of concerts to the upcoming season.
Currently being considered are concert versions of “Hair,” and “Rent.” Tickets will be $24 with performances Oct. 2-4 and…
Indiana and Indianapolis arts agencies will receive more than a half-million dollars in federal stimulus money to help save jobs at local organizations, the National Endowment for the Arts announced today. The NEA said a second round of American Recovery and Reinvestment Act funding includes $250,000 for the Arts Council of Indianapolis. The NEA also […]
Led by Baker & Daniels LLP, the city’s three largest law firms are recognized in the July issue of The American Lawyer magazine for their pro bono work. Among the 200 highest-grossing firms in the nation, Baker & Daniels ranked 125th, followed by Barnes & Thornburg LLP at 127th, and Ice Miller LLP at 167th. […]
President Barack Obama is nominating former Bloomington Mayor John Fernandez for a senior position in the U.S. Department of Commerce. The White House announced yesterday that Fernandez has been picked to become assistant secretary of commerce for economic development and the Economic Development Administration administrator. Fernandez was Bloomington’s mayor from 1996 to 2003 and was […]
Students at Indiana’s two largest college systems may soon know how much they have to pay for tuition next year, and it looks like they’ll be digging deeper into their wallets. Under proposals announced yesterday, Indiana University President Michael McRobbie recommended in-state tuition hikes of 4.6 percent this year and 4.8 percent next year at […]
An Indianapolis man faces trial today in a pit bull attack. Lee Carroll is charged with failing to properly restrain his two pit bulls. The dogs got loose and attacked Brenda Hill, 68, in January while she was taking out her trash. Her injuries were so severe that doctors had to amputate her leg.
A man was killed and another injured in an overnight crash on the north side of Indianapolis. Police think alcohol was involved. The 18-year-old driver lost control of a sport-utility vehicle about 1 a.m. in the 7900 block of Westfield Boulevard. A male passenger was ejected from the vehicle and later died at Methodist Hospital. […]
Millions are expected to tune into the Los Angeles memorial service for Michael Jackson today, as rehearsals begin for an Indiana memorial service in Gary. In Los Angeles, more than 17,000 people are expected to attend a service at the Staples Center. The Gary service will take place Friday at the Steel Yard baseball stadium. […]
