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Paris-based Bic Group said today that it has completed the acquisition of Norwood Promotional Products Inc., an Indianapolis-based supplier of promotional products, in a deal worth $162.5 million. Norwood becomes a subsidiary of Milford, Conn.-based Bic USA Inc., the maker of ink pens and shavers. Bic USA agreed to pay $125 million and assume $37.5 […]
Counselors will be on hand at Greenwood High School today after police say the school’s reigning homecoming queen was shot to death by her boyfriend. Kelly Marie Roome, 19, moved to Marysville, Calif., last month after graduating from high school to be with her 21-year old fianc?, Ian York. Police say the couple got into […]
The 2009 ConocoPhillips USA Swimming National Championships start in Indianapolis tomorrow at the IUPUI Natatorium. Winners will earn a spot in the World Championships next month in Rome. Michael Phelps will be among the participants.
The Indianapolis Airport Authority plans to sell thousands of items from its old passenger terminal during an auction next month. The authority hopes to make at least $500,000 as it sells off building materials, office equipment, signs and other items, such as a 5-foot replica of the Statue of Liberty and 35 posters featuring Princess […]
The confusion has finally gotten to Franklin College. The liberal arts college south of Indianapolis filed a lawsuit today in federal court in Indianapolis alleging trademark infringement against Ohio-based Franklin University, which will open a campus in Castleton this fall. Franklin University has run a heavy advertising campaign to mark its entrance into Indianapolis. But […]
A bankruptcy judge has ruled that General Motors Corp. can sell the bulk of its assets to a new company, potentially clearing the way for the automaker to quickly emerge from bankruptcy protection. U.S. Judge Robert Gerber said in his 95-page ruling late yesterday that the sale was in the best interests of both GM […]
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. He joined Emmis in 1994. “[This] is a very difficult [time] for all of the […]
Eli Lilly and Co.’s top rising-star drug has been OK’d by U.S. regulators for a new use, an event that could boost sales of the medication. Alimta, a lung cancer drug, was approved as a maintenance therapy for non-small cell lung cancer for certain patients, Lilly announced today. The approval by the U.S. Food and […]
Toyota Motor Corp. plans to spend about $500 million to upgrade its Indiana assembly plant in Princeton to accommodate production of its Highlander sport-utility vehicle. Bloomberg News reported the investment today. It discovered the plans in a Securities and Exchange Commission document filed by Toyota late last month. Japan’s largest carmaker announced last July it […]
The Indianapolis Airport Authority plans to sell thousands of items from its old passenger terminal during an auction next month. The authority hopes to make at least $500,000 as it sells off building materials, office equipment, signs and other items, such as a 5-foot replica of the Statue of Liberty and 35 posters featuring Princess […]
A bankruptcy judge said late yesterday that General Motors Corp. can sell the bulk of its assets to a new company, clearing the way for the automaker to quickly emerge from bankruptcy protection. Federal Judge Robert Gerber ruled that the sale is needed to avoid “immediate and irreparable harm” to GM and is in the […]
Democratic legislative leaders want Indiana to reconsider the way it divvies up school funding, claiming the formula in the new state budget will devastate public education. Under the budget signed into law Tuesday, schools can lose money if they lose students, while fast-growing suburban schools will receive large funding increases. Republicans say that’s the way […]
I entered "Tutankhamun: The Golden King and the Great Pharoahs" (at the Children’s Museum of Indianapolis through Oct. 25) with a limited knowledge of Egyptian history—and by limited, I mean loose threads picked up from a handful of Mummy movies, the Bible, and a few too many productions of "Joseph and the Amazing Technicolor Dreamcoat."
Noblesville resident Tom Wagenhauser is revamping the Hamilton County-centric Web site FishersFind.com and hopes to double its weekly traffic.
It would be artless this week to write an article on economics and business in Indiana without remarking upon the passing of John Fisher. Much has been written about his legacy over this past week, so I will make do with an anecdote and a lesson I have learned from him.
Carmel-based mobile marketer Tetherball has deployed a program using
a radio frequency identification device that can measure in detail to what extent customers redeem loyalty and rewards offers.
Once again, Indianapolis-based Eli Lilly and Co. is running in the lead pack in dollars spent to bend ears on Capitol Hill. And that was even before the health care reform debate got rolling.
Commercial Liquidators of America has landed the job of auctioning off furnishings and equipment from the old airport terminal at Indianapolis International Airport.
When prominent Egyptologist Zahi Hawass shared stories at a recent event about his personal meeting with President Obama,
my pride was momentarily dashed by the behavior of the people sitting at the next table.
When Hawass noted how impressed he was with our new president, these people became incredulous. They started snickering like
schoolchildren.
Indiana’s struggling gambling industry didn’t get the relief it sought during the special session of the Indiana General Assembly. But embedded within the budget bill approved June 30 is a provision creating a gambling summer study committee. Its recommendations, due by Dec. 1, may make or break several of Indiana’s casinos.
