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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 […]
Purdue and Anderson universities this fall will begin partnering to offer students the chance to earn two master’s degrees at the same time. Normal 0 false false false MicrosoftInternetExplorer4 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 […]
I try not to jump into the grind of the rumor mill too often. But the most recent rumblings about the Indiana Pacers were becoming just a little too loud to ignore.
The number of newly laid-off workers requesting unemployment insurance dropped slightly last week after spiking the week before due to auto layoffs. Meanwhille, continuing jobless claims inched closer to 7 million. The Labor Department said today that initial claims for jobless benefits fell to a seasonally adjusted 631,000, down from a revised figure of 643,000 […]
