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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 […]
Columbus Regional Hospital, which was badly damaged by flooding last year, has applied for federal funding toward its $108 million expansion plans. Hospital officials had planned to break ground last fall on construction of a project that included a five-story pavilion, some 60 private patient rooms and an expanded emergency department. Those plans, however, were […]
The Indiana Gaming Commission is investigating whether Indiana Live Casino broke any rules when it promoted appearances by celebrities Justin Timberlake and Jessica Biel, who failed to show up at the Shelbyville casino’s grand opening earlier this month. The no-shows prompted speculation that the celebrity couple never intended to attend the March 13 event that […]
Purdue University officials are weighing the idea of boosting enrollment in the school’s veterinary programs to help meet the nation’s growing need for more veterinarians in key public health jobs. The U.S. Government Accountability Office said in a report last month that there is a lack of government-employed veterinarians in food inspection, pathology and other […]
The Indiana Gaming Commission is investigating whether Indiana Live Casino broke any rules when it promoted appearances by celebrities Justin Timberlake and Jessica Biel, who failed to show up at the Shelbyville casino’s grand opening earlier this month. The no-shows prompted speculation that the celebrity couple never intended to attend the March 13 event that […]
A man is recovering from multiple gunshot wounds following an overnight robbery attempt. The victim was shot in the back and the side about 2 a.m. in the 3900 block of North Shadeland Avenue near Pendleton Pike. The man was alert and talking when medics took him to Wishard Hospital.
Purdue University officials are weighing the idea of boosting enrollment in the school’s veterinary programs to help meet the nation’s growing need for more veterinarians in key public health jobs. The U.S. Government Accountability Office said in a report last month that there is a lack of government-employed veterinarians in food inspection, pathology and other […]
Gasoline prices are on the rise for a fourth day in a row. According to the American Automobile Association, the national average at the pump is $1.97 for a gallon of unleaded. In Indianapolis, prices have jumped 20 cents at some stations, reaching as high as $2.15.
Legislative efforts to ban smoking in public places statewide may be up in smoke. Indiana lawmakers are clashing over whether they should try to pass a watered-down bill or sacrifice this year’s proposal in hopes of passing a stricter rule later. The Democrat-controlled House approved legislation last month that would ban smoking in some places […]
One man was killed and another injured in a shooting today at 3 a.m. at 30th Street and Georgetown Road on the city’s west side. There have been six homicides in Indianapolis over the past seven days. Police found the dead man in the driver seat of a blue Chrysler PT Cruiser. His passenger had […]
Emmis Communications Corp. announced this morning that it will begin developing more online television channels for company-owned radio stations on the East and West Coasts. Indianapolis-based Emmis signed an agreement with Gen2Media Corp. of Orlando, Fla., to launch the video networks on the Web sites of five stations – three in New York City and […]
Members of a State House Committee will hear arguments today regarding a bill that would ban teens from using cell phones and other handheld devices while driving. The ban would include all drivers younger than 18. The State Senate passed the bill 43-6. Similar bills have failed to pass in previous years.
New York-based Phillips-Van Heusen Corp. will roll out its new Izod/Indy race-inspired clothing collection in Macy’s stores nationwide in April. The launch will be accompanied by a national multi-million dollar advertising campaign as…
Neil LaBute is know outside theater circles for writing and directing the lightning-rod film “In the Company of Men,” which he produced while teaching in Fort Wayne. A long string of writing and directing gigs followed, leading to, this month,…
China has renewed a call for the world to create a global currency.
If such a currency were to emerge, it would be a shot in the arm to Indiana’s manufacturing base, says Purdue University economist Kanda Naknoi.
China’s central…
Orders to U.S. factories for big-ticket manufactured goods unexpectedly rose in February after a record six straight declines. The Commerce Department said today that orders for durable goods – manufactured products expected to last at least three years – increased 3.4 percent last month, much better than the 2-percent fall economists expected. It was the […]
Major Hospital in Shelbyville has one of the toughest jobs in central Indiana. It operates in the least populated county of those surrounding Marion County. Yet because of Interstate 74, most Shelby County residents can be on the doorstep of one of the much larger Indianapolis hospitals in just 30 minutes. But by at least […]
The Indianapolis Indians are rolling out a new online poll that allows fans to choose what mowing pattern will appear on the Victory Field playing field for the Tribe’s April 9 season opener…
Legislative efforts to ban smoking in public places statewide could be up in smoke. Indiana lawmakers are clashing over whether they should try to pass a watered-down bill or sacrifice this year’s proposal in hopes of passing a stricter rule later. The Democrat-controlled House approved legislation last month that would ban smoking in some places […]
