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Normal 0 false false false MicrosoftInternetExplorer4 Evansville-based Shoe Carnival Inc. today reported flat same-store sales and declining profit in its fiscal first quarter. Profit in the period ended May 2 fell 15 percent, to $4.1 million, compared to the same period a year earlier, the footwear retailer said. Still, the 33 cents per share topped […]
Indianapolis-based BioStorage Technologies Inc. announced today that it plans to create 125 jobs by 2012 and invest more than $6.1 million to expand operations. BioStorage Technologies provides long-term cold storage for advanced biomaterials used in drug development. The company, co-founded in 2002 by CEO F. John Mills, currently has 80 employees. The investment will be […]
For the next few posts, I’ll be logging in from New York City, where I’m on a multi-tasking trip that includes a trio (at least) of Broadway shows to review. I also will be reporting from BookExpo America, the publishers/booksellers…
Normal 0 false false false MicrosoftInternetExplorer4 Tony George is still the CEO of Indianapolis Motor Speedway. How much longer he holds the title remains unclear. Yesterday afternoon, track officials denied a report that the board of directors voted to oust the 49-year-old CEO and said that George has instead been asked to create a more […]
Teachers in private schools are happier â?? much happier â?? than their public school counterparts, according
to a new study by the Friedman Foundation for Educational Choice.
The Indianapolis foundation, created by one of the 20th Centuryâ??s most influential…
State and city officials will be at BioStorage Technologies Inc. on the west side of Indianapolis this morning to announce an expansion of the company. Indianapolis-based BioStorage Technologies provides long-term cold storage for advanced biomaterials used in drug development. The company, co-founded in 2002 by CEO Dr. F. John Mills, currently has 80 employees. BioStorage […]
The Indianapolis Motor Speedway this afternoon released a statement denying a published report that Tony George had been told to step down as CEO of IMS by the track’s board of directors after a meeting last night. The statement did confirm that George’s role in the management of various Hulman family businesses was discussed at […]
Tony George denied a report today that he has been ousted as CEO of the Indianapolis Motor Speedway Normal 0 false false false MicrosoftInternetExplorer4 . However, Ron Green, official spokesperson for IMS, said he would “neither confirm nor deny” the report, and said the speedway will issue a statement regarding the matter this afternoon. Meanwhile, […]
A new state revenue forecast predicts that Indiana will take in $1 billion less in taxes through June 2011 than predicted in a more-optimistic estimate made just last month. The estimates show the state taking in less revenue in 2009 than 2008. But the May forecast predicts slight growth in fiscal year 2010 and growth […]
Normal 0 false false false MicrosoftInternetExplorer4 California-based Alorica Inc. announced today that it will create more than 600 jobs by establishing a customer-service center in Lafayette. The company, which provides customer-support services ranging from call-center operations to Web-traceable service logistics, will occupy a 49,900-square-foot building on Sagamore Parkway in a building previously used by an […]
Normal 0 false false false MicrosoftInternetExplorer4 Raleigh, N.C.-based Stock Building Supply Holdings LLC notified the Indiana Department of Workforce Development yesterday that it will close its Franklin location, leaving 85 employees jobless. The troubled supplier of building materials said the store on North Morton Street should close July 12. The company has 200 locations in […]
Police have issued a safety alert after a central Indiana man was shot with a pellet gun over the weekend while walking the Monon Trail near the Indiana State Fairgrounds. The victim said four young boys approached him, and one of the boys shot him in the stomach. Indy Parks officials are urging people who […]
Vitor Meira was released from Methodist Hospital this morning, but he will need four to six months to fully heal after his serious crash at the Indianapolis 500. The IndyCar driver broke two vertebrae Sunday when he collided with rookie Raphael Matos late in the race. Fox 59 will have more at 10 p.m.
America’s longest continuous yard sale starts today. The National Historic Road Yard Sale along U.S. 40 stretches from Maryland to Illinois, covering six states and 824 miles. Here in Indiana, the sale runs from Richmond on the east side of the state to Terre Haute on the west side. The sale ends Sunday.
Indiana lawmakers will get a new look at the state’s finances today as they prepare for a special budget-writing legislative session in June. The State Budget Committee is slated to get a revised revenue forecast from a bipartisan group of fiscal analysts. A forecast released in April missed the mark by $255 million for revenue […]
Indiana’s farmers made quick progress last week planting corn and soybeans thanks to good weather that dried out fields after several rainy weeks. The U.S. Department of Agriculture said 55 percent of Indiana’s corn had been planted as of Sunday. That’s up from 24 percent a week before, but 19 days behind the average pace. […]
Tony George was voted out as chairman of the Indianapolis Motor Speedway last night by the IMS board of directors after 20 years in charge, SpeedTV.com is reporting. IMS board members include George’s mother, Mari; his sisters Josie, Nancy and Kathy; attorney Jack Snyder and George himself. George, 49, will reportedly retain his position as […]
Indianapolis Colts quarterback Peyton Manning isn’t the only one confused about the future of coaches Tom Moore and Howard Mudd. Colts President Bill Polian said he too has found it hard to follow…
