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Shares of Wabash National Corp. fell 10 percent, to $1.10 each, this morning after the company announced late yesterday that its deteriorating financial condition could force it to pursue a sale. The Lafayette-based truck-trailer manufacturer capped a dismal 2008 with an even worse fourth quarter, losing $110.7 million, or $3.69 per share, in the three […]
Cue the theme from “Rocky.” Indianapolis ad firm The Heavyweights and its client Clarian Health have won one of the ad industry’s biggest awards for Clarian’s “A Call to Change” campaign. In June, The Heavyweights will receive a North American Effie Award from a trade organization called Effie Awards. The Effie Awards’ Web site calls […]
Marsh Supermarkets is making some awfully pointed claims in its lawsuit against the company’s former CEO, Don Marsh.
As IBJ reporter Cory Schouten first reported, Don Marsh is accused of taking expensive trips around the world, charging the company…
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 An Indiana Senate committee has advanced a bill to regulate large-scale dog-breeding operations in the state, but some want stricter requirements on breeders. The Senate civil matters committee changed a House-passed bill yesterday to eliminate specific proposed standards for dogs in breeding facilities, such as sanitary […]
If you attended the screening Tuesday night, please post your comments.
Sorry I missed it. Well, not sorry. I was at the American Cabaret Theatre relaunch concert. Should I go out of my way to see “Adventureland” when it hits theaters?
Your…
Marsh Supermarkets Inc. has sued its former CEO, Don E. Marsh, alleging he treated the company like “a personal checkbook” to bankroll extravagant trips, maintain vacation homes and hide personal relationships with female employees.
Marsh Supermarkets Inc. has sued its former CEO, Don E. Marsh, alleging he treated the company like “a personal checkbook” to bankroll extravagant trips, maintain vacation homes and hide personal relationships with female employees. The company claims Marsh shredded documents before he left the company in 2006 to hide his “inappropriate activities” – including personal […]
St. Francis and Anthem have to stay married for now. Marion County Superior Court Judge Patrick McCarty ruled yesterday 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, […]
Conseco Inc. avoided a warning about its ability to stay in business from its auditor, the company reported today. PricewaterhouseCoopers will not issue a “going concern” warning in Conseco’s annual report, Conseco CEO Jim Prieur said in a statement. The report will be filed later today. Prieur’s statement came after the Carmel-based insurer announced this […]
Indy’s international film festival is moving to the Indianapolis Museum of Art, a partnership that might allow the small-but-growing event to record its first profit on ticket sales. The Indianapolis International Film Festival, which is run by volunteers, has grown its audience to about 9,500 since its start in 2004. President Dorothy Henckel said the […]
A new lunch spot called Nia’s Deli is on track to open next week in a building at 38 E. Washington St. (shown here) that burned in 2007. The space…
Indianapolis-based TeleServices Direct Inc. will keep its Lafayette call center open after notifying state officials in February that the center would close and put 279 employees out of work. The telemarketer said the branch would shut down by April 4. But a week before the closing, the company had a change of heart, according to […]
It’s official: Community Health Network has selected Bryan Mills as its next CEO. James Morey, chairman of the board of the hospital chain, sent a memo to Community staff today announcing Mills’ selection. IBJ first reported on Friday that Mills was the choice to replace Bill Corley, who has led Community for the past 25 […]
Pittsboro Elementary School west of Indianapolis will be one of four Indiana schools whose air quality will be monitored by the U.S. Environmental Protection Agency. In all, the agency will monitor 62 schools across the country. In December, USA Today claimed Pittsboro Elementary had potentially dangerous pollutants. EPA officials also will monitor Lincoln Elementary in […]
Indy’s international film festival is moving to the Indianapolis Museum of Art, a partnership that might allow the small-but-growing event to record its first profit on ticket sales. The Indianapolis International Film Festival, which is run by volunteers, has grown its audience to about 9,500 since its start in 2004. President Dorothy Henckel said the […]
The Purdue women are just one win away from the Final Four. The sixth-seeded Boilermakers will take on the top-seeded Oklahoma Sooners at 9 p.m. in Oklahoma City. While the Boilers may be the underdogs, the program also has a history of winning high-pressure tournament games. Purdue has three Final Four appearances under its belt […]
The federal tax on tobacco increases tomorrow, sending the price of cigarettes to an all-time high. The federal tax on cigarettes will go up nearly 62 cents per pack – meaning Hoosiers will pay approximately $5 per pack. While many smokers are opposed, health advocates approve of the hike because the money will go toward […]
Conseco Inc. has won an amendment to its bank loans that gives it more breathing room to operate. But the Carmel-based insurance holding company will pay for it. The cash interest rate Conseco is paying on the $912 million in loans will rise from 2.6 percent to at least 6.5 percent, with a payment equal […]
A new state program will take advantage of federal stimulus funds to help get teenagers into jobs. A recent report from the U.S. Bureau of Labor Statistics claims the teenage unemployment rate has risen above 21 percent, even with the summer job season approaching. Gov. Mitch Daniels announced the program this morning. Fox 59 News […]
Old National Bancorp today repurchased all of the $100 million in preferred, non-voting stock it sold to the U.S. Department of Treasury after deciding it did not need federal assistance from the Troubled Asset Relief Program. The Evansville-based bank, which was approved to receive up to $150 million in TARP funds, chose in December to […]
