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An IBJ analysis found shares of only 10 of Indiana’s 66 public companies posted a positive total return in 2008, and 46 companies shed more than one-third of their stock market value. However, more than half of those companies’ executives whose pay was listed in proxy statements saw increases in compensation.
A woman is dead after a stabbing in Brownsburg early this morning, and her daughters may have witnessed the incident. Police believe Joseph Warnock broke into the Eagle Crossing home of his estranged wife, Angela Warnock, and stabbed her in front of one or both of their children. The couple had been separated for about […]
Merger talks that began last year between Ice Miller LLP and a Louisville-based law firm continue to progress toward a deal, sources familiar with the negotiations said.
Despite a ticket price increase, the terrible economy and an uncertain season ahead, the Indianapolis Colts have sold out of season tickets, assuring the team will extend its sellout streak to 97 regular-season home games.
Work is set to resume today on the Indiana Convention Center following a fatal accident. An employee from Harmon Steel Inc. fell 50 feet to his death last Wednesday while working on the expansion in downtown Indianapolis. Safety inspectors say the victim, Stanley Roberts, 55, was wearing a safety harness throughout the day, but investigators […]
Country music artist Kenny Chesney wants to make sure his next concert at Lucas Oil Stadium in Indianapolis sounds better than his 2008 performance. Chesney’s tour organizers are meeting today with representatives from the stadium to talk about the facility’s acoustics. Last year, Chesney played the first concert at Lucas Oil Stadium, but many fans […]
Village Pantry’s headquarters on the northeast side of Indianapolis is closing as a result of an office consolidation between the convenience store operator and another in North Carolina, both owned by Sun Capital Partners Inc. The merger of accounting and administrative functions will take Village Pantry CEO Mick Parker and at least nine other executives […]
Representatives from the Children’s Museum of Indianapolis dedicated a new expansion this morning to the late Congresswoman Julia Carson. Her grandson, Rep. Andre Carson, and Indianapolis Mayor Greg Ballard were also on hand as a plaque was unveiled. The expansion officially opens June 27.
The Finish Line has ended an unsuccessful attempt to rebrand and revitalize its struggling Man Alive stores by agreeing to part with the 75-store clothing chain. Indianapolis-based Finish Line today announced that it would pay $7 million to Man Alive Acquisition LLC, which is controlled by Brooklyn-based Jimmy Jazz, to take Man Alive assets and […]
Ever since the Indianapolis Motor Speedway board of directors met last month, there’s been rumblings about legendary race promoter H.A. “Humpy” Wheeler stepping in to help out his old friend Tony George shake…
The days of only the powerful few getting by with tapping their Blackberries during meetings are long gone.
When was the last time you were in a gathering where more people seemed interested in the topic or the
speaker…
Nearly 60 companies with more than 1,000 job openings are expected to attend the Indianapolis Employment Opportunities 2009 Career Fair from 9 a.m. to 4 p.m. tomorrow at Lucas Oil Stadium. The event is open to the public at no cost. Advance registration is recommended by visiting www.indycareerfair09.com. A list of businesses planning to participate […]
Gene B. Glick Co. has agreed to purchase the 360-unit Somerset Lakes apartment complex near 75th Street and Keystone Avenue from Denver-based Apartment Investment and Management Co., or AIMCO. The deal adds a market-rate property to the Glick portfolio of mostly affordable apartments and will be the first Indianapolis-area property in the company’s portfolio it […]
Specialty retailer Finish Line Inc. said today that it is cutting ties with its underperforming Man Alive operations and will sell the business for about $7 million in cash. The Indianapolis-based company said it will sell certain Man Alive assets and liabilities to Man Alive Acquisition LLC, which is controlled by Jimmy Jazz stores owner […]
Indiana charter school advocates hope lawmakers working on a new state budget don’t limit the growth of the alternative schools. A budget passed by the Democrat-led House would give local school boards the authority to reject charter schools in areas that already have many charters, which are public schools free of certain state regulations. But […]
Ivy Tech Community College has seen a big jump in the number of high school students enrolled in dual-credit courses that allow students to simultaneously earn high school and college credits. Dual enrollment is up almost 44 percent this year. More than 16,000 high school students took dual-credit classes, which are often taught in high […]
Indianapolis-based Barnes & Thornburg LLP is expanding yet again by acquiring a law firm in Minneapolis. The firm announced today it would absorb 22 lawyers at The Parsinen Law Firm PA in a deal that takes effect July 1. It is the third out-of-state law office Barnes & Thornburg has opened or acquired this year. […]
For me, the weekend (starting with Thursday, of course), included a belated trip to “Octopus” at the Phoenix Theatre and a mellow opening night for Symphony on the Prairie, featuring the music of the Grateful Dead. In and around those…
High-speed rail supporters are hoping Indiana gets a share of federal stimulus funding intended to expand passenger rail service to the state as part of a Midwestern high-speed rail network. Federal criteria released last week show that high-speed rail plans in California and the Midwest appear to be front-runners in the race for $8 billion […]
The unexpected move of NCR Corp. from Ohio to Georgia illustrates how even the best corporate citizens can show a fickle streak.
