Velodrome plans in limbo
While the Marian College cycling team has been off this month hunting national championships in Colorado, a plan by school officials to manage the Major Taylor Velodrome has not yet won support from Indy Parks.
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Local trust working toward 2,010 acres by end of 2010
The Central Indiana Land Trust anticipates bringing nearly 800 acres valuable to conservation under its protection this year,
thanks to a generous tax incentive for property owners.
Visible progress in the city hides other troubles
Indianapolis still looks like a city with momentum, despite the dismal economy. But appearances can be deceiving.
Top investment minds weigh in on erratic market
In recent weeks, two of the planet’s most respected investment minds have weighed in with their thoughts on the state of the world’s financial affairs—Bill Gross at PIMCO in southern California and Jeremy Grantham of GMO LLC in Boston. It is always worthwhile to examine their thoughts and the logic behind them. As investor hopes […]
BANKRUPTCIES
BANKRUPTCIES Keysbound Inc., 5950 Buttonwood Drive, Noblesville, 46062. Chapter 11 reorganization. Assets: n/a; liabilities: n/a. Programmed Funding Inc., 6433 E. Washington St., 46219. Chapter 11 reorganization. Assets: n/a; liabilities: n/a. Lauth Investment Properties LLC, 401 Pennsylvania Parkway, 46280. Chapter 11 reorganization. Assets: n/a; liabilities: n/a. LIP Development LLC, 401 Pennsylvania Parkway, 46280. Chapter 11 reorganization. […]
Keep Indianapolis Beautiful and Lilly team up on I-70 landscaping project
Some of Indianapolis’ main entrances from Interstate 70 are in line for a $2 million makeover.
Hurco Cos. Inc.
Hurco Cos. Inc. Hurco Cos. Inc., One Technology Way, Indianapolis, 46268 (www.hurco.com), designs and produces interactive computer controls, software and computerized machine systems for the worldwide metal-cutting and metal-forming industry. Its products are sold in the United States, Europe and Asia. For the quarter ended Jan. 31, the company reported net income of $354,000, or […]
Stop funding CIB
Well-intentioned or not, competent or not, the so-called “leaders” [sports columnist Bill Benner] referenced in your [May 4] column failed miserably in representing the best interests of taxpayers and instead presided over an unconscionable transfer of wealth from “We the people” to a small number of professional sports owners and players.
Old National Bank making inroads in Indy
Old National Bank making inroads in Indy Evansville-based institution striving to be “Indiana’s bank.” 22
CORRECTION
CORRECTION Due to an editing error, Brian Williams’ column on page 9 last week said the Indianapolis Colts agreed to fund maintenance and operating costs for the Hoosier Dome for the first 10 years. It should have said the Indiana Pacers agreed to pay such costs for Conseco Fieldhouse.
Bankrupt firm’s creditors unlikely to rubber-stamp sale
Norwood Promotional Products Inc. suggests it’s positioned to sail through bankruptcy, thanks to a pending-sales agreement. But creditors, owed nearly $300 million, are expected to balk.
Iran: A peaceful sojourn into the ‘Axis of Evil’
Iran is a magnificent and historically important country. It contains nine World Historical Sites as designated by UNESCO. Only 20 countriesâ??including Greece, China and Italyâ??have more.
Stone Creek Dining Co. offers delicious variety to Hamilton County’s restaurants
We were happy when this month’s quest for restaurants that "rock" sent us to Stone Creek Dining Co. (13904 Town Center Blvd., Noblesville; 770-1170), the latest addition to Avon-based Cunningham Restaurant Group’s stable of suburban dining meccas.
Clarian and IU Med School hiring 1,500 docs for massive Indiana Clinic; strategy may cut out insurers
Clarian Health and the Indiana University School of Medicine want to turn 1,500 or more doctors into employees under a new nonprofit group called the Indiana Clinic.
You-review-it Monday
The Broad Ripple Art Fair couldn’t ask for a nicer Sunday. But that annual event is far from the only event happening this past weekend. I also caught the ISO and Indianapolis Opera joining forces on Wagner at Clowes Hall,…
2nd In-Depth Report
Li Europan lingues es membres del sam familie. Lor separat existentie es un myth. Por scientie, musica, sport etc., li tot Europa usa li sam vocabularium. Li lingues differe solmen in li grammatica,
DWD issues 121-page response to critical report-WEB ONLY
The Indiana Department of Workforce Development told federal overseers yesterday that it has made changes that should cut a rate of miscalculating jobless benefits that was five times the national average. The state agency sent a 121-page document to the U.S. Department of Labor responding to a March report that found 41 cases in which […]
Big losses not new for foundation-WEB ONLY
Posting double-digit percentage losses is a rare event for most charitable foundations. Not so at the multibillion-dollar Lilly Endowment Inc. The Indianapolis-based foundation lost 26 percent of its value in 2008, falling from $7.7 billion to $5.7 billion. What’s different about Lilly Endowment is that its most recent loss caps a downward slide that’s lasted […]
Indiana banks: Best in class-WEB ONLY
These days, many of the nation’s biggest banks need bailouts to avoid bankruptcy. But plenty of institutions far from the limelight of New York and other banking centers continue to make money and manage their affairs well. Which Indiana-based bank does it best? Merchants Bank of Indiana, whose main office is in Carmel, books better […]
EDITORIAL: Is what we see what we’ll get?-WEB ONLY
Indianapolis still looks like a city with momentum, despite the dismal economy. But appearances can be deceiving. A quick tour reveals what would seem to be progress. One wouldn’t expect to see construction cranes swinging over downtown, not with bank credit frozen and the commercial real estate sector bracing for a wave of foreclosures later […]