Can IRL survive sans IMS support?
It's official. As reported by SpeedTV and IBJ more than a month ago, Tony George has stepped down from
his leadership role at the Indianapolis Motor Speedway.
The biggest question remaining is what will…
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Ex-Indiana pastor charged with securities fraud-WEB ONLY
A former pastor accused of bilking thousands of investors out of millions of dollars in a Ponzi scheme aimed at their Christian beliefs has been charged with securities fraud. The Indiana secretary of state’s office says warrants on 10 felony counts each were issued today for Vaughn Reeves of Sullivan and three of his sons. […]
Cafe Patachou owner opening pizzeria-WEB ONLY
Cafe Patachou owner Martha Hoover plans to open a pizzeria next to her trademark eatery at 49th and Pennsylvania streets. The new venture, called Napolese, should be ready by late fall and will feature traditional, Neapolitan-style pizza. Hoover said she decided to branch out from her popular cafe concept to bring another variety of pizza […]
NCAA denies Sampson’s appeal-WEB ONLY
The NCAA has rejected an appeal from former Indiana University men’s basketball coach Kelvin Sampson. The Indianapolis-based NCAA said today that the NCAA Division I infractions Committee has upheld the violations stemming from more than 100 impermissible phone calls made while Sampson was coaching at Indiana. Sampson received five years of potential penalties when the […]
ISTA weighs downtown headquarters sale-WEB ONLY
The Indiana State Teachers Association may try to unload its nine-story headquarters in downtown Indianapolis to cope with financial turmoil, but such a deal likely would keep the teachers union as the building’s anchor tenant. Selling the 115,000-square-foot headquarters could help the teachers’ union regain its footing after big losses at its insurance trust drew […]
Communication breakdown leads to search for child-WEB ONLY
Police launched a massive, but unnecessary, 12-hour search for a 12-year-old autistic boy on the southwest side of Indianapolis yesterday after miscommunications between police and Child Protective Services. Josh Arnett was safe with CPS during the search, but family members and police were unaware of his whereabouts. An internal investigation is under way. Fox 59 […]
Ballard to provide update on city finances-WEB ONLY
Indianapolis Mayor Greg Ballard will hold a public meeting tonight to offer an update on the city’s financial status. The agenda will include discussions about Animal Care and Control, and the Department of Public Works. The meeting begins at 6 p.m. in the public assembly room of the City-County Council Building.
Marion County judge’s wife faces forgery charges-WEB ONLY
The wife of a Marion County judge faces forgery charges after police say she signed a phony court document with another judge’s name to avoid a mortgage payment. According to investigators, Kristina Nelson, 43, has admitted to making up a dramatic story in which she and her husband, Judge William Nelson, were victims of an […]
AIT Laboratories appears set for ESOP-WEB ONLY
Fast-growing AIT Laboratories says it will make “a major announcement” tomorrow with Indiana Treasurer Richard Mourdock – perhaps the state’s biggest booster of employee stock ownership plans, or ESOPs. A spokesman for Mourdock and an AIT spokeswoman would not comment on whether AIT is forming an ESOP, a structure that would shift ownership of the […]
So long, SoDo
The owners of a 1.3-acre parking lot southeast of Meridian and South streets have put the property up for sale, apparently putting an end to the dream…
Council gives OK to code-enforcement office-WEB ONLY
The City-County Council last night approved the city’s first Office of Code Enforcement, making permanent a department created by Indianapolis Mayor Greg Ballard in February. The office, designed to streamline the city’s licensing, permitting, inspection and abatement functions, will become permanent Jan. 1. Historically, the departments of Metropolitan Development, Parks and Recreation, Public Safety and […]
Children’s home to stay open one more year-WEB ONLY
A 111-year-old home for troubled children in Indianapolis will remain open for at least one more year even though state officials plan to stop sending youths to the facility. The Indianapolis City-County Council last night approved $450,000 to keep the Marion County Children’s Guardian Home in operation with its director and a part-time worker as […]
Hansbrough to sign at low cost
Tyler Hansbrough is so far turning out to be a popular draft pick among the Indiana Pacers faithful. It will be interesting to see what he does to spike ticket sales. I suspect,…
Kokomo leads nation in jobless-rate increase-WEB ONLY
Unemployment rates rose in all the largest U.S. metropolitan areas for the fifth straight month in May, the Labor Department said this morning. The unemployment rate in Kokomo jumped to 18.8 percent, up 11.7 percentage points from a year ago, the largest increase of all metro areas. The second-highest jump occurred in Indiana’s Elkhart-Goshen area. […]
It’s a buyer’s market for apartments-WEB ONLY
When the market for single-family houses began to fall apart last fall, the prevailing wisdom was that the crash would be good for the owners of apartment complexes. But the recession is taking its toll on multi-family housing as well, putting the brakes on new developments and driving down prices of existing complexes. Projections at […]
Burst water main causes Kokomo troubles-WEB ONLY
A burst water main caused some downtown Kokomo streets to be blocked off and numerous businesses and offices to be warned about the safety of their drinking water. Indiana American Water crews worked overnight to repair the 12-inch line and did not immediately know what caused yesterday’s break. The company issued a warning for much […]
Review: “Public Enemies”
Just when you’ve made it through another unfocused prison break sequence or another bank job more about the
sound of the machine guns then the strategy or risk of the heist, “Public Enemies” gives a glimmer of hope
it’s going…
Others could be charged in Madoff fraud probe-WEB ONLY
Federal authorities are pressing a probe of 10 associates of Bernard Madoff despite a sentence that means the mastermind of one of the biggest financial frauds in history will spend the rest of his days behind bars, The Associated Press has learned. A person, who spoke on condition of anonymity because the investigation is ongoing, […]
Circle City Classic names director
For those that missed it in the IBJ print edition two weeks ago, the Circle City Classic has named a new director. The official announcement comes today. For more details on the new…
House, Senate get closer to budget agreement-WEB ONLY
Leaders of the Democrat-controlled House and Republican-ruled Senate said last night that they were very close to agreeing on a new two-year state budget, and votes on the plan were expected today. Lawmakers must pass a new budget or a stopgap funding measure by midnight, when the current spending plan expires, or Republican Gov. Mitch […]