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Republican Gov. Mitch Daniels and Democratic House Speaker Patrick Bauer don’t agree on much, but both said yesterday they were tired of trying to find ways to help the cash-strapped agency that runs Indianapolis’ sports stadiums and convention center. Daniels said he doesn’t want to see any more legislation to help the Capital Improvement Board […]
"Arts organizations that consistently do good work and are aggressive about their marketing are the ones
which succeed, both programmatically and financially."…
Indianapolis Motor Speedway and Indy Racing League corporate partners are wondering what the future holds after Tony George suddenly vacated his roles as boss of both of those organizations yesterday. IMS and IRL officials were working the phones this morning to reach out to constituencies and allay fears about massive changes, said Speedway spokesman Fred […]
WISH-TV Channel 8 in Indianapolis announced this morning that it has named Patti McGettigan its new news director. McGettigan currently holds the same title at WOOD-TV Channel 8 in Grand Rapids, Mich. Both WISH and WOOD are owned by Providence, R.I.-based LIN TV Corp. She replaces Kevin Finch, who left in June for a position […]
Two people are in the hospital with stab wounds after an attempted robbery this morning at the American Inn, 5630 Crawfordsville Road, in Speedway. The victim and the robbery suspect both suffered non-life-threatening wounds. The suspect fled and was apprehended at Methodist Hospital, seeking treatment.
Starting today, new Indiana drivers under the age of 18 won’t be able to talk or text while driving. The restriction is just one of several state laws that go into effect today. The Silver Alert law, modeled after the Amber Alert, creates a system to help locate missing seniors. In addition, homeowners and lenders […]
Mayor Greg Ballard’s administration will be confronting “very difficult decisions” as it attempts to close the Indianapolis Capital Improvement Board’s projected $47 million deficit. “Until I have the cash-flow analysis completed, I can’t fully articulate what those decisions are going to be, but I don’t see any of them being good,” Paul Okeson, chief […]
As expected, AIT Laboratories CEO Michael A. Evans has transferred ownership of the company to its workers through an employee stock ownership plan, or ESOP, the company announced today. The Indianapolis-based company declined to reveal the price of the sale. Fast-growing AIT Laboratories previously said it would make “a major announcement” today with Indiana Treasurer […]
Indianapolis Motor Speedway and Indy Racing League corporate partners are wondering what the future holds after Tony George suddenly vacated his roles as boss of both of those organizations yesterday. IMS and IRL officials were working the phones this morning to reach out to constituencies and allay fears about massive changes, said Speedway spokesman Fred […]
Mayor Greg Ballard’s administration will be confronting “very difficult decisions” as it attempts to close the Indianapolis Capital Improvement Board’s projected $47 million deficit. “Until I have the cash-flow analysis completed, I can’t fully articulate what those decisions are going to be, but I don’t see any of them being good,” Paul Okeson, chief of […]
WISH-TV Channel 8 announced this morning that it has named Patti McGettigan its new news director. McGettigan currently holds the same title at WOOD-TV Channel 8 in Grand Rapids, Mich. Both WISH and WOOD are owned by Providence, R.I.-based LIN TV Corp. She replaces Kevin Finch, who left in June for a position with Calamari […]
Technology interests got half of what they wanted in a state budget passed yesterday by the Indiana General Assembly and signed into law by Gov. Mitch Daniels. The 21st Century Research and Technology Fund, the state’s showcase program for investing in fledgling high-tech firms, said it would receive $35 million in the two-year budget, short […]
Kroger Central Division President Bob Moeder and Pacers Sports & Entertainment President Jim Morris jointly
announced a "comprehensive partnership" at an 11 a.m. news conference today. The announcement included a
dramatic
unveiling of…
A hearing to discuss plans for a $65 million downtown redevelopment project was pushed to August after city officials learned the site does not have the required zoning. The city offered a rich incentive package to drive the redevelopment of the former Bank One operations center and an adjacent surface parking lot between New Jersey, […]
Gary officials are seeking nearly $25 million in federal money to tear down more than 900 abandoned houses and 200 empty commercial buildings in the city. U.S. Sen. Evan Bayh yesterday toured a city neighborhood of boarded-up and fire-scorched houses with Mayor Rudy Clay and a top federal housing official. Bayh said afterward that he […]
The Indianapolis Newspaper Guild voted overwhelmingly yesterday against a new contract with the Gannett Co.-owned Indianapolis Star. Union members voted 97-9 against a contract that would cut salaries by 12 percent between now and October. The contract gave union members no assurances there wouldn’t be further layoffs or unpaid furloughs. “Because this was not a […]
Panera hopes to include sidewalk and atrium seating for its new restaurant under construction at Claypool
Court. The bakery cafe, which is taking second-floor space next door to Weber Grill, has asked…
As expected, AIT Laboratories CEO Michael A. Evans has transferred ownership of the company to its workers through an employee stock ownership plan, or ESOP, the company announced today. The Indianapolis-based company declined to reveal the price of the sale. Fast-growing AIT Laboratories previously said it would make “a major announcement” today with Indiana Treasurer […]
State regulators yesterday granted Indianapolis Water a 12.3-percent emergency rate increase – less than the 17.5 percent sought last February to relieve the utility drowning in variable-rate bond debt. The Indiana Utility Regulatory Commission rate order was critical of the utility’s management, however, and required better disclosure of financial records as a condition of the […]
About 120 employees have worked their last day at a Baldor Electric Co. factory in central Indiana after the company consolidated its operations. Union officials say that the layoffs that took effect yesterday leave only 37 employees at the Columbus plant. Nearly 200 people worked at the factory when Fort Smith, Ark.-based Baldor bought it […]
