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Benefits brokers and agents-facing increasing demands from employers and declining commissions-are merging at an accelerating pace. In less than two years, 10 Indiana firms have been swallowed up. The trend started slowly in 2007 but picked up speed late in 2008 and has continued into 2009. In March alone, Indianapolis brokers Benefit Associates Inc. and […]
Major stock markets indexes dropped dramatically today after President Obama refused further long-term federal bailouts for General Motors and Chrysler, saying more concessions would be needed from unions, creditors and others before more funding could be approved. Uncertainty about the industry’s fate sent the Dow Jones industrial average falling more than 4 percent before a […]
Ball State women’s basketball coach Kelly Packard, who today was named Maggie Dixon Div. I Rookie Coach of the Year, earned herself a nice payday this month. The first-year Cardinals coach earned a $10,000 bonus…
The Indianapolis Convention & Visitors Association said today that it has booked the Chicago-based American Library Association’s 2021 annual midwinter meeting. The group will use every meeting room in the Indiana Convention Center, as well as all meeting rooms in surrounding hotels, ICVA said. The ALA holds its midwinter meeting in January. It is estimated […]
CEO John Lechleiter is ruling out Eli Lilly and Co.’s participation in the drug industry’s recent round of mega-mergers, the Financial Times reported today. At the same time, the Indianapolis-based company isn’t stepping back from collaborations. It announced its most recent today: a heart-drug development deal with Mumbai, India-based Cadila Healthcare Ltd. Lechleiter specifically ruled […]
Police are looking for two suspects in connection with a shooting yesterday afternoon on the near-north side of Indianapolis. Two unidentified men were shot numerous times near 17th Street and College Avenue. They are in stable condition. Investigators say the incident may have started as an argument over a drug deal.
After a week on the run, shooting suspect Marco Robinson surrendered to police early this morning. Investigators say Robinson shot his ex-girlfriend, Quanita Wray, and fatally shot her sister, Tiffany Wray, on March 21. Quanita Wray is recovering in the hospital. Funeral services for Tiffany Wray are scheduled today.
Basketball brought big crowds to downtown Indianapolis over the weekend, with combined attendance at the NCAA Men’s Midwest Regional tournament and the high school boy’s state finals hitting nearly 100,000. The NCAA event at Lucas Oil Stadium drew 69,874 – almost twice the attendance of any of the other regional NCAA events held concurrently in […]
The Indianapolis Convention & Visitors Association said today that it has booked the Chicago-based American Library Association’s 2021 annual midwinter meeting. The group will use every meeting room in the Indiana Convention Center, as well as all meeting rooms in surrounding hotels, ICVA said. The ALA holds its midwinter meeting in January. It is estimated […]
CEO John Lechleiter is ruling out Eli Lilly and Co.’s participation in the drug industry’s recent round of mega-mergers, the Financial Times reported today. At the same time, the Indianapolis-based company isn’t stepping back from collaborations. It announced its most recent today: a heart-drug development deal with Mumbai, India-based Cadila Healthcare Ltd. Lechleiter specifically ruled […]
Police say a burning body was discovered early this morning in the parking lot of Deer Run Elementary School on the northwest side of Indianapolis. Pike Township firefighters found the body of a man believed to be in his 40s in the driver’s seat of a red 1998 Acura that was on fire. Fire officials […]
Basketball brought big crowds to downtown Indianapolis over the weekend, with combined attendance at the NCAA Men’s Midwest Regional tournament and the high school boy’s state finals hitting nearly 100,000. The NCAA event at Lucas Oil Stadium drew 69,874 – almost twice the attendance of any of the other regional NCAA events held concurrently in […]
0330dvs_auto_bailout 0329dv_gm_ceo_resigns President Barack Obama refused further long-term federal bailouts for General Motors and Chrysler, saying more concessions were needed from unions, creditors and others before they could be approved. He raised the possibility Monday of controlled bankruptcy for one or both of the beleaguered auto giants. At the same time, eager to reassure consumers, […]
While the Indianapolis Symphony Orchestra’s ’09/’10 Pops Series won’t be formally announced until April 10, maestro Jack Everly enthusiastically told sold-out crowds at the Hilbert Circle Theatre this weekend that the upcoming progam will include three world premiere programs:
–Mama Brady…
Down economy or not, the Indy Racing League sales staff is in overdrive. In the last week, IRL officials finalized four new sponsorship deals.
First, IRL officials Thursday night (March 26) inked a deal with…
Indianapolis community leaders plan to mark the 41st anniversary of the Rev. Martin Luther King Jr.’s assassination by starting a $3 million fund-raising drive to expand the city’s memorial to the civil rights leader. Martin Luther King Jr. Park is the spot where Robert Kennedy delivered the news of King’s assassination to a large crowd […]
President Obama has pushed aside General Motors CEO Rick Wagoner to hasten a turnaround of the once-proud carmaker, a decision that would have been unthinkable had GM continued making cars consumers wanted to buy.
General Motors has long been criticized…
Lost of late in the turbulent, political waters of the Indiana General Assembly is a necessity lawmakers face – passing a new state budget during a deep recession with a Democrat-controlled House and Republican-ruled Senate. That task has been overshadowed recently by the partisan fight over trying to fix Indiana’s bankrupt unemployment insurance fund, one […]
BANKRUPTCIES Dental Services Plus Inc., 5721 Progress Road, 46241. Chapter 7 liquidation. Assets: n/a; liabilities: n/a. The Gryphon & Dragonfl y LLC, 7 W. High St., Mooresville, 46158. Chapter 7 liquidation. Assets: $185,250; liabilities: $315,014. >
Attorneys for concrete purchasers who say they were victims of a price-fixing scheme have waged a tenacious legal battle over
the last four years, and .now
they’re ready to cash in.
