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Illinois-based Allstate Insurance Co. is working to recruit 55 new agency owners in Indiana by the end of 2010, the company said yesterday. If successful, the recruitment push would boost Allstate’s Hoosier agent force by 25 percent, to 273. Allstate agents sell automobile, homeowners and other kinds of property insurance, as well as various financial […]
Military officials have not released the identities of five soldiers killed by an Army sergeant yesterday in Iraq, but two of the dead were officers from the Indianapolis-based U.S. Army Reserve 55th Medical Co., according to the Associated Press. The suspected shooter was a patient at a combat stress treatment center at Camp Liberty near […]
A story in Friday’s IBJ Daily quoted Mike Renninger, principal of Carmel-based consultancy Renninger & Associates, as saying he doesn’t foresee any bank acquisitions this year resulting from the stress tests. What it should have said is that larger, regional banks in Indianapolis likely won’t be a target.
Police in Lawrence Township are looking for the person or persons who broke into Skiles Test Elementary School early yesterday morning, vandalizing the building and ransacking dozens of classrooms. Police think the vandals were looking for small electronics or cash to steal. The school is in session today.
Noble Roman’s Inc. yesterday reported profit of $416,761, or 2 cents a share, in the first quarter, a 30-percent increase over the same period a year ago. The Indianapolis based franchisor of Noble Roman’s Pizza and Tuscano’s Italian Style Subs saw quarterly revenue slip to $1.9 million, down 20 percent from last year. Noble Roman’s […]
Health and safety officials released a new opinion poll this morning during a news conference at City Market showing support for a smoking ban in Marion County. The findings came from the Survey Research Center at IUPUI. The proposed ban would prohibit smoking in any workplace, including bars and bowling alleys.
Normal 0 false false false MicrosoftInternetExplorer4 Central Indiana home sales continue to lag last year’s pace, but the inventory of available houses is beginning to slip, according to the latest residential real estate report from Indianapolis-based Landrigan & Co. Realtors. According to the report, which uses figures from the Metropolitan Indianapolis Board of Realtors, […]
Delphi Corp. announced yesterday that 200 workers have been put out of work at its electronics and safety plant in Kokomo, the Kokomo Tribune reported. Auto-parts maker Delphi, the city’s second-largest employer, told the newspaper that 120 workers have been laid off indefinitely while 80 have been terminated. The company expects even more layoffs through […]
Ener1 Inc., the New York parent of fledgling Indianapolis-based advanced battery developer EnerDel, yesterday reported higher revenue and a lower loss in the first quarter compared with the same period a year ago. The company lost $7.2 million, or 6 cents a share, down from $13.1 million, or 15 cents a share, the previous year. […]
Icon Metal Forming LLC in Corydon notified the Indiana Department of Workforce Development yesterday that it is cutting 140 jobs at its automotive stamping plant. Icon, a division of Ontario-based Martinrea International Inc., blamed the cuts on the temporary shutdown of General Motors Corp. The cuts began May 6 and will be completed by […]
Swine flu dominated the news a couple of weeks ago as the virus spread out of Mexico and ultimately to
more than 30 countries. Indiana now has 22 cases.
However, once it became apparent the flu wouldnâ??t turn into a full-blown…
Paul Tracy has already said he is in the Indianapolis 500 to win. Tracy’s driving skills are not questioned, and the top end speed of his car is not at issue. But motorsports…
Normal 0 false false false MicrosoftInternetExplorer4 Conseco Inc. shareholders have expressed their dissatisfaction with the company’s recent performance by electing a dissident shareholder to the board of directors. Keith Long, a vocal critic of the company’s board, won a majority of votes cast, according to preliminary results announced this morning at Conseco’s annual meeting […]
The crush of residential property foreclosures may be slowing, but local brokers say they’re expecting a wave of retail, office and industrial property defaults in the coming months. “We’ve only just started,” said John Robinson, a principle in the local office of Jones Lang LaSalle. Many of the foreclosures are expected to come in the […]
The developers of the new JW Marriott hotel complex gave photographer Robin Jerstad and me a tour of the $425 million project earlier this month….
The second annual Race Around the Reservoir, a half-marathon and 5-kilometer run scheduled for May 16 at Geist Reservoir, is sold out, organizers announced yesterday. This year’s Geist Half Marathon, which follows a 13.1-mile course around the reservoir, drew 3,500 entrants, up from 2,500 for last year’s inaugural race. The 5K run drew 2,500 entrants, […]
A former Indiana Teamsters boss and Anderson-area businessman has pleaded guilty to promoting professional gambling in an agreement that will allow him to avoid any additional time in jail. Seventy-one-year-old John L. Neal of Yorktown will serve 18 months on probation and will be credited with time served in federal custody for the same case. […]
It’s not just houses that are going cheap right now. So are tickets to some of Indy’s prime arts events.
–At the Indianapolis Opera site, you can land a 50% discount on tickets to this weekend’s epic collaboration between IO and…
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 Normal 0 false false false MicrosoftInternetExplorer4 Noble Roman’s Inc. yesterday reported profit of $416,761, or 2 cents per share, in the first quarter, a 30-percent increase over the same period a year ago. The Indianapolis based franchisor of Noble Roman’s Pizza and Tuscano’s Italian Style Subs […]
The former treasurer of a central Indiana Humane Society chapter has pleaded guilty to stealing more than $65,000 from the organization. Fifty-nine-year-old Sherri L. Sullivan of Anderson pleaded guilty today in Madison Superior Court to three counts of forgery and four counts of theft. Board members for the Madison County Humane Society contacted police in […]
