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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? Indiana Superintendent of Public Instruction Tony Bennett is hoping it can. On May 18, he announced an awards program in which 12 high schools that achieve […]
A panel of five veterans of real estate and construction provided industry insights at IBJ’s Power Breakfast May 1 at the Westin Indianapolis. The panelists were: Mary Beth Kohart, a principal and vice president in the local office of Colliers Turley Martin Tucker; Danny Marr, a partner and principal broker for Veritas Realty; Andrew Morris, […]
A local developer is hoping to convert an unfinished eight-story luxury condo project downtown into a mostly affordable apartment building with its headquarters on the top floor. The Whitsett Group has agreed to buy the 707 E. North St. building from Beilouny Luxury Properties, but the deal still must be approved by Cincinnati-based Fifth Third […]
The people overseeing the ISTA 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. The Indiana State Teachers Association, the state’s union of public school teachers, tapped educators for all the positions on the trust’s board-seven current or former […]
Few commercial real estate properties are changing hands in the Indianapolis area these days, creating challenges for brokers who say it’s becoming increasingly difficult to determine the value of properties. With the economy in turmoil, and the acquisitions market at a virtual standstill, only a handful of recent sales can be used to guide appraisers […]
No, the 1970s haven’t returned at the Indianapolis Motor Speedway. Still, there are a few signs at the Brickyard today that indicate a nice sized crowd has arrived on the west side of…
Passed on tickets to “Wicked” because of the steep price? Or maybe you just waited too long for good seats.
Well, there’s another option. Broadway Across America…
A state legislator faces a lawsuit over her role in hiring a company that provides software for property-tax calculations in central Indiana’s Clinton County. Rep. Jacque Clements has denied any wrongdoing in her work for the county. She was county auditor before her election to the Legislature last year and was a part-time deputy auditor […]
Talks between Delphi Corp. and members of President Barack Obama’s automotive task force continue in hopes of reaching a deal on a plan to lift the auto supplier out of bankruptcy protection before a crucial deadline passes. Normal 0 false false false MicrosoftInternetExplorer4 Delphi Attorney Jack Butler said today that the talks, which also include […]
The Minnesota Timberwolves have hired former Indiana Pacers executive David Kahn to run their basketball operations, four days after being rejected by Portland assistant general manager Tom Penn. The move was confirmed to The Associated Press today by a person with knowledge of the hire. The person spoke on condition of anonymity because an announcement […]
Patrick Stephan at TrackSide Online has compiled a list of Indy Racing League bonus winnings so far this season. This cash is the amount earned over and above the $1.24 million full-time teams…
A massage chair and free beer helped Joanne Beck attract customers to her downtown clothing boutique when the economy was healthy, but no more. Joanne’s Unique Boutique, founded in November 2005, is shutting down at the end of June. Beck, who had no prior experience in the retail business, blamed the company’s fate on the […]
An overnight police chase ended in a serious crash that sent two people to the hospital. The driver of a gray Nissan took off after police tried to pull him over for having his headlights off at 56th and Illinois streets. The driver made it to 38th Street before crashing into a black Chrysler driven […]
A judge will sentence a former Franklin Township school bus driver today for being drunk while driving students home in March. Phillip Leslie pleaded guilty to a felony count of operating a vehicle while intoxicated. Police say he drove more than 100 Franklin Township students home that day with a blood-alcohol level nearly three times […]
A bankruptcy judge yesterday denied a motion from a pair of Indiana state pension funds and a state construction fund to delay the proposed sale of most of Chrysler’s assets, saying the funds’ plan to challenge the legality of the sale in another court wasn’t enough of a reason to push back the proceedings. U.S. […]
Purdue and Anderson universities this fall will begin partnering to offer students the chance to earn two master’s degrees at the same time. The program will enable students, within three years, to receive an MBA from Anderson and a master of science in technology from Purdue. It is intended for professionals working in technology-related industries […]
This afternoon, about 160 Indiana National Guard Troops will leave Columbus and begin their journey to Iraq. The soldiers are part of the guard’s 1,313th Engineering Co. based at Camp Atterbury. The soldiers will spend time training at Fort McCoy in Wisconsin before being deployed to conduct a wide range of engineering operations in Iraq. […]
Regions Financial Corp. said today it will raise $1.85 billion in new capital through the public sale of 400 million common shares and 250,000 convertible preferred shares, as the regional bank looks to satisfy the U.S. Treasury’s demand that it raise $2.5 billion to shore up its cash position. Birmingham, Ala.-based Regions, which has about […]
