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Contest results-WEB ONLY

Last week, as an unimportant step in trying to win tickets to see “Treasure Island” at Beef & Boards Dinner Theatre, I asked you to name your favorite pirate. Here are some of the responses-excluding the expected Blackbeard, Captain Hook, and “Pirates of the Caribbean” characters. “Pittsburgh” (David Bolin) “It must really be saying something […]

IRL: Sweet home Alabama?

While Indy Racing League teams and officials are heading to St. Petersburg, Fla. for the April 5 season opener, their mind may be wandering to not-so-far away Alabama.

In March, IRL teams made their…

Older workers back age-discrimination bill-WEB ONLY

One older worker told lawmakers he struggled to find a job because he has more experience than employers want. Another said he was encouraged after a phone interview, but he didn’t get the job after the employer changed his mind once they met in person. Other seniors said they were the first to be let […]

Purdue nixes pay raises for most staffers-WEB ONLY

Most Purdue University employees won’t receive pay raises in the coming year because of the recession. Purdue announced yesterday that its budget for the coming fiscal year beginning in July won’t include any salary increases. However, a school statement said that faculty members who are promoted will receive those scheduled salary increases. University President France […]

Kenley’s CIB bailout plan would hike taxes again-WEB ONLY

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 Indiana’s alcohol tax would be doubled and hospitality taxes would be raised again under a Statehouse plan designed to bail out the financially struggling group that runs the professional sports stadiums in Indianapolis. Sen. Luke Kenley (R-Noblesville) wants to add about 2 cents to the price […]

MainGate to expand HQ, create 75 jobs-WEB ONLY

Local merchandiser MainGate Inc. announced plans yesterday to expand its west-side headquarters and production operations, which should create 75 jobs by 2013. The company, which primarily provides marketing and merchandising services to clients in the motorsports industry, said it would invest more than $3.6 million to expand its production and office facility from 106,000 square […]

Clean energy initiative launches in Indianapolis-WEB ONLY

An economic development initiative around so-called clean technology was formally launched yesterday to further energize renewable energy projects and hybrid vehicle development under way in the state. Energy Systems Network will be another economic development plank under Central Indiana Corporate Partnership, the parent of BioCrossroads, which promotes life sciences; Conexus, which promotes manufacturing and distribution; […]

Cold case murder suspect in court-WEB ONLY

The man accused of the cold case murder of a Broad Ripple woman made his first court appearance this morning. Investigators say Nathan Anderson stabbed Jane Pepper to death inside her basement apartment. According to court documents, Anderson admits entering Pepper’s apartment to commit a burglary in October 2007. He told police he panicked, stabbed […]

Local industrial vacancy rates slide-WEB ONLY

Indianapolis-area industrial real estate vacancy rates dipped to 7 percent in the first quarter on limited market activity, according to a report issued today by Colliers Turley Martin Tucker. The vacancy rate fell from 7.4 percent at the end of 2008 and from 7.8 percent a year ago. Only 410,00 square feet of space was […]

Internet worm to strike today-WEB ONLY

Computer experts around the world are concerned about an Internet worm that’s set to relaunch today. The “Conficker Worm” may have already infected up to 10 million personal computers. The worm could slow down computer systems, increase spam and copy files. Microsoft is offering a $250,000 reward to catch the creator of the virus.

Conseco stock still climbing following reports-WEB ONLY

Conseco Inc. shares continue to recover now that the company has cleared away the biggest clouds hanging over it. Shares of the Carmel-based life insurer rose another 12 percent in morning trading after surging 35 percent yesterday. They traded at $1.03 late this morning. Investors have bid up the shares after Conseco renegotiated $912 million […]

Purdue comes up short in Final Four bid-WEB ONLY

Purdue’s quest to reach the Final Four has ended. Courtney Paris scored 19 points last night to lead Oklahoma over the Boilermakers 74-68 in a regional final. Lindsay Wisdom-Hylton led Purdue with 20 points and 13 rebounds. Lakisha Freeman added 12 points for the Boilermakers.

Auditors raise concerns about Irwin’s health-WEB ONLY

Columbus-based Irwin Financial Corp. said this morning that auditors have raised doubt about the bank’s ability to remain in business while it restructures operations. The company, which operates Irwin Union banking branches in Indianapolis, Carmel, Avon, Franklin and Shelbyville, said it lost $104 million, or $3.54 per diluted share, in the fourth quarter and $340 […]

Don Marsh denies allegations in lawsuit-WEB ONLY

Former Marsh Supermarkets Inc. CEO Don Marsh is denying allegations that he treated his former company like “a personal checkbook” to bankroll extravagant trips, maintain vacation homes and hide relationships with female employees. Those accusations were made in a lawsuit filed last week in Hamilton County by the locally-based grocery chain. IBJ first reported the […]

St. Francis, Anthem temporarily settle dispute-WEB ONLY

St. Francis and Anthem have to stay married for now. Marion County Superior Court Judge Patrick McCarty ruled Monday that Anthem Blue Cross and Blue Shield, a health insurer, cannot kick St. Francis Hospital & Health Centers out of its provider network before Anthem’s contract expires. The contract runs until Sept. 1. In early March, […]

Clean energy initiative to be announced-WEB ONLY

Economic development leaders at 2 p.m. are scheduled to formally launch an economic development initiative for the so-called clean technology sector. IBJ reported Feb. 16 that the initiative under way for the last year has been known as the Indiana Energy Systems Network. The Energy Systems Network will be the latest economic development initiative under […]

Elkhart leads nation in jobless increase-WEB ONLY

No other metro area in the nation staged as large of an increase in its unemployment rate in February as Elkhart-Goshen, the U.S. Department of Labor said today. The northern Indiana region saw its jobless rate climb 12.5 percentage points to a non-seasonally adjusted 18 percent from February 2008. The region, which is highly concentrated […]