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An analyst cut his 2009 earnings estimate for Conseco Inc. yesterday and said the Carmel-based insurer still faces a real threat of bankruptcy if it can’t renegotiate its credit agreement with debt holders. Credit Suisse analyst Thomas Gallagher slashed his earnings estimate after projecting an extra $45 million per year in costs associated with a […]
Ball State University President Jo Ann Gora has been chosen to receive TechPoint’s annual Trailblazer Award for “significant and lasting contributions to technology innovation in Indiana,” the statewide business-development group announced today. Gora will be recognized at the group’s annual Mira Awards, which honor the state’s top-performing companies, schools and individuals in technology-related pursuits. The […]
Democratic leaders at the Indiana Statehouse are questioning whether the governor should have the power to withhold state cash from certain programs after lawmakers allocate money for them in the state budget. Senate Minority Leader Vi Simpson (D-Bloomington) said Republican Gov. Mitch Daniels should be able to reduce spending for his own state agencies in […]
Five truckers called Indiana State Police last night, saying rocks, some the size of baseballs, hit their rigs near the Georgetown Road overpass over Interstate 65 on Indianapolis’ west side. One driver was hit in the face when a rock went through his windshield. Fox 59 will have more at 10 p.m.
Ball State University President Jo Ann Gora has been chosen to receive TechPoint’s annual Trailblazer Award for “significant and lasting contributions to technology innovation in Indiana,” the statewide business-development group announced today. Gora will be recognized at the group’s annual Mira Awards, which honor the state’s top-performing companies, schools and individuals in technology-related pursuits. The […]
More than 300 teachers employed by Indiana’s biggest school district could soon find themselves out of work. Indianapolis Public Schools officials are considering cuts as they deal with dwindling enrollment and a $25 million budget deficit. Layoffs could also affect about 40 other faculty members and at least 60 district administrators. The district will hold […]
Hundreds of volunteers are expected to participate in this Saturday’s Rebuilding Together Indianapolis program – a charitable effort to restore 20 homes on the near-southeast side of the city. Indianapolis Mayor Greg Ballard, Wishard Health Services CEO Lisa Harris and Indianapolis Metropolitan Police Chief Michael Spears will be among those attending the event, which begins […]
Prominent downtown Indianapolis restaurant Mo’s … A Place for Steaks has a new owner after the eatery’s local managing partner bought out Milwaukee-based restaurant operator John Vassallo. Jeremiah Hamman, 34, is now the sole owner of the steakhouse at the northeast corner of Pennsylvania and Maryland streets. Terms of the deal, announced yesterday, were not […]
Two Indiana boys suffered burns to more than 90 percent of their bodies after an explosion at a fire pit in the Greene County town of Scotland. Nick Decker, 10, and Josh Merritt, 11, are in critical condition at Riley Hospital for Children in Indianapolis. Neighbors say no one was supervising the boys Saturday when […]
Franklin, about 15 miles south of Indianapolis, is hiring workers to clean up dozens of vacant flood-damaged properties to prevent them from turning into eyesores or targets for vandals. The owners of 57 houses damaged by flooding last June in Franklin have agreed to allow the city to mow the grass, secure doors and pick […]
Hundreds of volunteers are expected to participate in this Saturday’s Rebuilding Together Indianapolis program – a charitable effort to restore 20 homes on the near-southeast side of the city. Indianapolis Mayor Greg Ballard, Wishard Health Services CEO Lisa Harris and Indianapolis Metropolitan Police Chief Michael Spears will be among those attending the event, which begins […]
Prominent downtown Indianapolis restaurant Mo’s … A Place for Steaks has a new owner after the eatery’s local managing partner bought out Milwaukee-based restaurant operator John Vassallo. Jeremiah Hamman, 34, is now the sole owner of the steakhouse at the northeast corner of Pennsylvania and Maryland streets. Terms of the deal, announced yesterday, were not disclosed. Hamman […]
That drip-drop sound you hear is not the rain outside. It’s coming from the irony dripping off the most recent Capital Improvement Board bailout proposal.
A bi-partisan group of Marion County lawmakers is suggesting…
In his conversations with business owners and CEOs, Carmel consultant Bud Roth sees attitudes about the recession
changing, but not changing enough.
Many leaders have figured out whether or not their organizations will survive, says Roth, who was vice president
of…
An Indiana money manager said he “wasn’t of sound mind” before parachuting from his plane and letting it crash in Florida in what authorities say was an attempt to fake his own death. In a telephone interview with ABC’s “Good Morning America” for broadcast today, Marcus Schrenker said his plane crashed in Florida after hitting […]
The Fort Harrison Reuse Authority is preparing to break ground on a massive infrastructure project that will lay the groundwork for the master-planned Lawrence…
Times are tough, no question about it. But four events over the last few days conspired to put me in an optimistic mood about the future of the arts in Indy.
That feeling may pass, but for today–inspired by last night’s Spotlight…
A pair of Carmel-based investors are planning to redevelop a three-story historic apartment building into upscale, high-tech condominiums at the corner of 22nd and Delaware streets downtown. The structure, dubbed the “Smart Building at Delaware,” will contain 12 one-bedroom, one-bathroom condominiums priced between $119,900 and $164,900. Developers say the relatively low price point, combined with […]
Democratic leaders at the Indiana Statehouse are questioning whether the governor should have the power to withhold state cash from certain programs after lawmakers allocate money for them in the state budget. Senate Minority Leader Vi Simpson (D-Bloomington) said Republican Gov. Mitch Daniels should be able to reduce spending for his own state agencies in […]
By all accounts the Grand Prix of Long Beach was a success for the Indy Racing League. The IRL, which signed a five-year deal to take over the former CART event following last…
