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Helio Castroneves has earned a record $3,048,005 for his third Indianapolis 500 victory. The prize money was awarded last night at the annual Victory Celebration Banquet. The largest purse in auto racing history boosted Castroneves’ career winnings at Indianapolis to a record $8.7 million.
Chrysler LLC fired back at Indiana Treasurer Richard Mourdock yesterday, saying his objection to the way the Michigan-based auto maker’s Chapter 11 bankruptcy proceeding is being handled could lead to its liquidation. Mourdock, who oversees pension funds for state teachers, police officers and construction workers, said in a May 20 statement that Chrysler’s plan to […]
There seems to be an increasing uproar in the Indy Racing League paddock that driver Milka Duno is a 200-mile-an-hour hazard that league officials need to deal with. The crew on Wind Tunnel…
A 132-unit apartment complex in Anderson that became mired in an alleged $225 million Ponzi scheme last year has a new owner. Bloomfield, Ind.-based Renewing Properties LLC has purchased the Hilltop Apartments at 4529 Columbus Ave. for a “little below $2 million,” said George Tikijian of Tikijian Associates, which brokered the deal. The complex fell […]
Churches, which tend to ride out recessions better than many other institutions, are struggling to finish
building projects, reporter Kathleen McLaughlin writes in this weekendâ??s IBJ.
The recession and stock market downturn have forced parishioners to scale back commitments,…
The two words frame the biggest question of the special legislative session Indiana Gov. Mitch Daniels is expected to call next month: What if lawmakers don’t pass a budget by June 30, when the current two-year spending plan expires? The Daniels administration is taking a “don’t even go there” approach. But Sen. Luke Kenley (R-Noblesville) […]
So, was this a weekend of celebrity spotting (see previous post)? Maybe you included The Ohio Players downtown concert in your race plans, or caught one of the bands harmonizing with the engine roars at the Speedway.
Perhaps you got out…
A Kansas company has secured leases for about half the land it needs for a 200-turbine wind farm in northwest Indiana. TradeWind Energy has leased 10,000 acres for its LaCrosse Farms project in southwestern LaPorte County. The company has been measuring wind conditions from two towers in LaCrosse for eight months. It needs three years […]
Danica Patrick pushed the GoDaddy.com Web site to new heights during yesterday’s Indianapolis 500, according to officials for the domain name registry.
Web traffic spiked 163 percent during Sunday’s broadcast, as compared to last year’s, according to GoDaddy officials. Even more…
Today, there are some small “notebook” machines on the market that mock the high prices of their bigger siblings. These can be had for $200 to $400, and have enough features to make them real business tools if you’re not too demanding.
A focus on old-world quality with modern services and efficiency drives the owners of Simply Sweet Shoppe & Second Story Playhouse.
The people overseeing the Indiana State Teachers Association Insurance Trust had no background in investments or insurance, likely leaving them ill-equipped to grasp the ever-larger amounts of complicated investments the trust was buying.
Forrest Lucas is following through on plans to take his namesake brand of oil and fuel additives to the mass market.
This week, challenging work at the IMA, an impressive operatic collaboration, and laugh-out-loud silliness.
Many lament the loss of what might be called timeless values. I place these into two categories; both are exemplified and sustained by military service.
A panel of five veterans of real estate and construction provided industry insights at IBJ‘s Power Breakfast May
1 at the Westin Indianapolis.
Incentives have long been used as an effective tool in business to improve employee performance. But can a concept that helps
companies motivate workers also work in public education?
Attend arts events, visit our cultural organizations, and support our sports teams. If you don’t make regular donations to
arts and cultural organizations, there has never been a better and more important time to give.
If you are a human resources professional, now is an excellent time for you to assess the human resource function in your
company.
