NYC3: Hoosier-hosted cabaret
Third in a series of reports from my recent NYC trek.
I swear I wasn’t looking for an Indiana connection when I set out to find out where Broadway show folk hang out — and perform — after the curtains come…
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Window maker’s closure to cost state 250 jobs-WEB ONLY
Indiana-based manufacturer Philips Products Inc. is ceasing operations, a move that will put 675 people out of work at plants in six states. The closure will cost 250 jobs in its headquarters city of Elkhart, which has seen its unemployment rate reach about 18 percent with the collapse of the RV industry. The company says […]
Goldsmithâ??s latest venture
Former Indianapolis Mayor Steve Goldsmith, never one to let grass grow under his feet, has started a not-for-profit
with one-time presidential candidate Howard Dean to promote Goldsmithâ??s pet cause of public-private partnerships.
The Council of Project Finance Advisors aims…
Judge to consider Chrysler franchise terminations-WEB ONLY
Normal 0 false false false MicrosoftInternetExplorer4 Chrysler heads back to bankruptcy court today to ask the judge overseeing its case to allow it to terminate the franchise agreements of 789 of its dealerships, despite the protests of many dealers who say the move could close their businesses for good. U.S. Judge Arthur Gonzalez is expected […]
Five organizations receive neighborhood funds-WEB ONLY
Five Indianapolis not-for-profits learned yesterday that they will receive a total of $5 million in funding from the state’s Neighborhood Stabilization Program. Southeast Neighborhood Development Corp. will receive $1.3 million. John H. Boner Community Center, King Park Area Development Corp. and Riley-Newport Area Development Corp. each will get $1 million, and Near North Development Corp. […]
Center of Philanthropy names Rooney to top post-WEB ONLY
Normal 0 false false false MicrosoftInternetExplorer4 Patrick Rooney, who helped turn IUPUI’s Center on Philanthropy into a premier research center, has been chosen as its executive director, IUPUI Chancellor Charles Bantz announced today. Rooney is an economist who became the center’s first full-time research director in 1999. He has been serving as interim executive director […]
Just in: Project renderings
Check out these conceptual renderings of a public-private downtown redevelopment project approved today by the Metropolitan Development Commission. The $65-million project calls for apartments and retail space adjacent to the former site of Market Square Arena. The renderings suggest the…
Commission approves $65M apartment project-WEB ONLY
The Indianapolis Metropolitan Development Commission this afternoon approved a city plan to partner with a private developer on a $65 million downtown redevelopment project adjacent to the former site of Market Square Arena. The plan, approved by a 7-2 vote, allows the city to enter into a project agreement with the developer, an entity called […]
WellPoint considered going private, CFO says-WEB ONLY
Normal 0 false false false MicrosoftInternetExplorer4 WellPoint Inc. executives “explored” a plan to take the company private, its chief financial officer told investors today, according to a Reuters report. Because the stock price of the Indianapolis health insurer has been so low, its leaders considered using its own cash and lots of debt to help […]
Libertarian Party’s Horning leaving Indiana-WEB ONLY
Normal 0 false false false MicrosoftInternetExplorer4 Libertarian Party stalwart Andy Horning, who ran for Indianapolis mayor in 1999 and Indiana governor in 2000 and 2008, is leaving the state for a job in Texas, the party announced today in a press release. Horning, 50, has been the Libertarian Party of Indiana’s best-known torchbearer and most […]
NCAA trimming costs, suspending dues-WEB ONLY
Normal 0 false false false MicrosoftInternetExplorer4 The NCAA wants to give schools an economic break. College sports’ largest governing body has announced it will suspend membership dues for the next school year. It also hopes to save about $500,000 by holding most of its future committee meetings in its headquarters city of Indianapolis. Some NCAA […]
Fewer flights hurting Indianapolis airport budget-WEB ONLY
Indianapolis International Airport officials are facing a budget shortfall because of fewer flights at the same time they have higher costs from the new terminal that opened last year. Officials expect revenue to be $15 million less than planned this year but that the airport has enough cash reserves to cover the shortfall. Flight traffic […]
Insurance chief blasts ISTA for benefit halt-WEB ONLY
The troubled ISTA Insurance Trust says it will discontinue paying long-term-disability benefits to teachers next month – a move that drew a rebuke this morning from Indiana Insurance Commissioner Jim Atterholt. “It’s pretty shocking what they are attempting to do here,” he said. “These people on disability – they have nothing after July. How do […]
Ice Miller tops list for female equity partners-WEB ONLY
Normal 0 false false false MicrosoftInternetExplorer4 Indianapolis-based Ice Miller LLP has the highest percentage of female equity partners among the nation’s most profitable law firms, according to the June issue of The American Lawyer magazine. More than a quarter – 27.3 percent – of Ice Miller’s partners who have an ownership stake in the firm […]
Commission to discuss $65M downtown development-WEB ONLY
The Metropolitan Development Commission will hold a hearing today to discuss a proposal for a $65 million development adjacent to the former site of Market Square Arena. Developers want to create an apartment complex with 600 units and retail space. The proposal calls for the project to start within 12 months and be completed within […]
Insurance chief blasts ISTA for benefit halt-WEB ONLY
The troubled ISTA Insurance Trust says it will discontinue paying long-term-disability benefits to teachers next month – a move that drew a rebuke this morning from Indiana Insurance Commissioner Jim Atterholt. “It’s pretty shocking what they are attempting to do here,” he said. “These people on disability – they have nothing after July. How do […]
Don’s Guns owner provides funds for defibrillators-WEB ONLY
Well-known local gun dealer Don Davis essentially gave a blank check this morning to the Johnson County Sheriff’s Department to equip its fleet of patrol cars with external defibrillators. Three of the department’s cruisers already have the devices that shock the heart back into normal rhythm. The contribution from Davis could enable the county to […]
Daniels outlines his budget priorities-WEB ONLY
Indiana Gov. Mitch Daniels is calling legislators back to the Statehouse next week to resume work on a new state budget, and legislative leaders are already meeting to lay the budget groundwork. Daniels told a bipartisan group of lawmakers yesterday that the special legislative session would begin June 11. The Republican governor said he hopes […]