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Whether or not Conseco Inc. gets a clean bill of health from its auditor on March 17, analysts predict the life insurer will need to raise more than $400 million to cover looming investment losses. And it needs the cash when raising any money is nearly impossible. Without fresh capital-or loosened debt obligations-Carmel-based Conseco could […]
Pathway Productions, purveyors of some of the highest-profile documentaries to come out of the Indianapolis area in the last decade, is on the brink of extinction. Not even a rescue plan forwarded by Mays Chemical Co. President William Mays last year could save the company. Mays blames former Pathway owner Michael Husain for driving the […]
Today, with our national economic crisis, it is easy to focus on getting jobs. Under such dire conditions as those facing some workers, homeowners and retirees, we can forget that getting back to where we were before all this economic distress may not be an appropriate goal. Imagine with me that Hershel Hoosier was born […]
At a time when the field of journalism is shedding thousands of jobs, Indiana University’s journalism department is seeing record growth. The growth is so strong, IU officials said the journalism school will have to abandon its home of the last 65 years for a facility twice its size. What appears to be an anomaly […]
The trio of attorneys who practice in the local office of Barnes & Thornburg LLP’s life sciences group is a self-deprecating, peculiar bunch. Not only are the three the punch line of an occasional lawyer joke, but they’re also the target of lighthearted ribbing about their scholarly credentials. “We’re the geeky group,” patent attorney Kevin […]
The $200-million Indiana Live! casino opened Friday night in Shelbyville. If the free-money giveaways around town, faux Obama commercials and the buzz around a promised ribbon-cutting appearance…
The remains of the Cosmopolitan on the Canal project continued to smolder today as a small crew of firefighters worked to put out remaining hot spots. They were using a crane to demolish a portion of the building’s remaining facade…
It’s old news that men earn more than women and that more women than men graduate from college. What it means is another matter.
To that end, the Indiana Business Research Center has published a study showing that men…
UPDATE: Still working to confirm that Timberlake and company were actually there. Anyone with information, please e-mail [email protected].
Justin Timberlake is on the guest list for the opening of the Indian Live casino tonight. But so far, the new…
Now that IU is out of the Big Ten basketball tournament, local organizers and tourism officials have to hope that Ohio State can make a run. A successful run by Purdue probably wouldn’t hurt either, but history has shown that…
Indiana is getting more than $200 million in federal stimulus funding to weatherize the homes of low-income residents and develop renewable energy projects. The $200.4 million is part of nearly $8 billion in stimulus funding set aside nationwide for energy efficiency and related efforts. About $132 million will help low-income Indiana residents insulate their homes, […]
St. Francis Hospital & Health Centers will halt construction this summer on a new inpatient bed facility at its hospital in southern Indianapolis. The facility only is 40 percent finished. The hospital plans to resume work once the economy improves, according to an update posted on its Web site yesterday. St. Francis’ announced its new […]
St. Elmo Steak House is a downtown dinner destination that typically has little trouble attracting patrons tempted by its signature shrimp cocktail. The next four days will be no different. But this weekend’s reservation list is heavy on out-of-town guests hungry for both filet mignon and Big Ten basketball. All told, visitors in town for […]
Shares of Steel Dynamics plunged more than 20 percent this morning, to $6.80, after the company announced late yesterday that it expects to report a first-quarter loss of 40 cents to 45 cents a share due to shrinking demand. The nation’s fifth-largest steelmaker by market value had projected first-quarter profit of 5 cents to 10 […]
The Big Ten Men’s Basketball Tournament tips off today at Conseco Fieldhouse. Northwestern University takes on Minnesota at 1 p.m., followed by Michigan and Iowa at 2:30 p.m. Indiana University and Penn State will in the late game at about 5 p.m. The winner will face Purdue on Friday night.
Andrew Rhea, 19, was shot to death last night during an apparent robbery at his home in the Arbors at Cumberland apartments on Indianapolis’ east side. Witnesses say two men left the apartment, and one of them appeared to be holding a handgun. Investigators say they’re looking for two black males, possibly driving a white […]
St. Elmo Steak House is a downtown dinner destination that typically has little trouble attracting patrons tempted by its signature shrimp cocktail. The next four days will be no different. But this weekend’s reservation list is heavy on out-of-town guests hungry for both filet mignon and Big Ten basketball. All told, visitors in town for […]
Shares of Steel Dynamics plunged more than 20 percent this morning, to $6.80, after the company announced late yesterday that it expects to report a first-quarter loss of 40 cents to 45 cents a share due to shrinking demand. The nation’s fifth-largest steelmaker by market value had projected first-quarter profit of 5 cents to 10 […]
Indiana police have arrested a man that they say beat his 21-year-old girlfriend and her 14-month-old child. Officers took Tayaun Chism, 18, into custody last night at St. Vincent Hospital. The girl is in critical condition. The mother was treated and released. Fox 59 will have more at 10 p.m.
