Around town real estate roundup
New headquarters and museum planned: Workers are renovating space in Claypool Court for a new Drum Corps International headquarters and a museum for the Percussive Arts Society. The not-for-profit DCI plans to take…
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Businesses hope for NCAA economic boost-WEB ONLY
The NCAA tournament is expected to pump more than $7 million into the local economy, and some downtown business owners are counting on that cash to help them through the recession. Downtown officials say Indianapolis caught a big break in the way the tournament has shaped up. With a shorter travel time, fans of teams […]
Purdue looks to go from ‘Sweet’ to ‘Elite’-WEB ONLY
The Purdue men’s basketball team is in Glendale, Ariz., getting ready for its Sweet 16 showdown with Connecticut. The fifth-seeded Boilermakers have won five straight games, but they’ll have to play their best to knock off the top-seeded Huskies. UConn has beaten its first two opponents by a combined 82 points. Tonight’s game tips off […]
Officer accused of child molestation-WEB ONLY
A Marion County Corrections Officer has been accused of molesting a teenage girl for nearly two years. Richard Alsup, 39, faces charges of child molestation, incest and sexual misconduct with a minor. The 14-year-old victim says she was raped twice in early March at Alsup’s west-side apartment. When questioned, investigators say Alsup wasn’t sure if […]
Storm spotters’ class meets tonight-WEB ONLY
The National Weather Service is sponsoring a storm spotters’ class tonight in Fishers. An instructor will describe cloud and wind patterns associated with severe weather, and how to interpret weather radar data. The class is free and open to the public. It begins at 7 p.m. at Fishers Town Hall Auditorium, 1 Municipal Drive.
State appoints consumer-protection advocate-WEB ONLY
Abigail Kuzma, the longtime executive director of the Neighborhood Christian Legal Clinic, is leaving the Indianapolis not-for-profit to lead the state’s consumer-protection efforts. Indiana Attorney General Greg Zoeller made the announcement this morning, lauding Kuzma as a proven consumer advocate. She’ll begin her new job as section chief of the Consumer Protection Division on April […]
Law firm Bose McKinney lays off 25-WEB ONLY
Bose McKinney & Evans LLP, the city’s fifth-largest law firm, announced this morning that it is cutting 25 employees, including 10 lawyers, two paralegals and 13 staff people. The cuts represent 7 percent of the firm’s attorneys and 13 percent of its support personnel. Managing Partner Kendall Crook said the sour economy continues to affect […]
Local GM workers not rushing to buyouts-WEB ONLY
Few Indianapolis-area General Motors Corp. workers are accepting a $20,000 cash buyout offer to leave the company, but participation nationwide could be high enough to help the ailing automaker. GM spokesman Fred Cox said today just 44 people at the metal-stamping plant on White River Parkway signed up by Tuesday’s deadline. They have until next […]
Louisville promoters invading Indy turf-WEB ONLY
One visitor to this weekend’s Sweet 16 basketball tournament in Indianapolis won’t be as welcome as other guests and, in fact, may be considered a downright intruder. The University of Louisville Cardinals play the University of Arizona Wildcats tomorrow evening at Lucas Oil Stadium in the NCAA men’s basketball tourney. Louisville tourism leaders are taking […]
Hoop dream: Big economic impact
Today starts a big four-day weekend for Indianapolis. Given the sports-business strategy this city is built on and the soft economy, this weekend dotted with NCAA and high school state championship basketball events…
Scoop: IRT’s 2009/2010 season
“We are very intentionally reaching out to family audiences,” says Indiana Repertory Theatre Managing Director Steven Stolen, in discussing with me the about-to-be-announced 2009/2010 schedule for our state’s largest regional theater.
He’s not doing that just through programming—which includes a full…
Economy dipped 6.3 percent in 4th quarter-WEB ONLY
The economy shrank at a 6.3-percent pace at the end of 2008, the worst showing in a quarter-century, and it probably isn’t doing much better now. The U.S. Commerce Department today reported that the gross domestic product shrank a bit faster than the 6.2-percent annualized drop estimated a month ago for the October-December quarter. GDP […]
Contest results-WEB ONLY
Last week, as part of a contest to win tickets to see Todd Rundgren at the Vogue, I asked you to fill in the blank: “I don’t want to work/I just want to ___________ all day. Your answers didn’t impact the outcome, but here are some of the more interesting responses. “I don’t want to […]
Columbus plant cutting jobs, warns of closure-WEB ONLY
A troubled auto parts manufacturer in Columbus notified the state yesterday that it plans to lay off 135 employees and could close due to declining sales orders. Columbus Components Group LLC will begin laying off workers April 9, but the action may not be enough to save the company. The company said it has lost […]
Health-policy education group launches today-WEB ONLY
A new group funded by pharmaceutical and medical products companies – and co-chaired by former Indianapolis Mayor Bart Peterson and Indiana Pacers President Jim Morris – will publicly launch itself today with a press event at the Indiana Statehouse. Hoosiers Work for Health is a not-for-profit that wants to hold educational forums about health care […]
Lilly Endowment gives $20M to Fort Wayne group-WEB ONLY
Lilly Endowment Inc. will give $20 million to an affiliate of the Community Foundation of Greater Fort Wayne to develop workforce-training initiatives, the Indianapolis-based endowment announced today. The aim of the program, dubbed Talent Opportunity Success, is to better prepare northeast Indiana’s workforce for job opportunities in the areas of science, technology, engineering and mathematics. […]
AMA lawsuit accuses WellPoint of price-fixing-WEB ONLY
Indianapolis-based WellPoint Inc. was sued for alleged price-fixing today by the American Medical Society and other doctors groups. The AMA said in a statement that it filed its lawsuit in federal court in Los Angeles. However, documents for the suit were not yet posted on the court system’s Web service. The lawsuit alleges that WellPoint […]
Simon raises $1.2B in equity, debt offerings-WEB ONLY
Indianapolis-based shopping center operator Simon Property Group Inc. today said it has closed the equity and debt offerings it announced last week, netting $1.2 billion. In total, the company sold 17.25 million shares of its common stock at $31.50 per share. Its operating partnership completed its offering of $650 million in 10.35-percent senior unsecured notes […]