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The Capital Improvement Board, short of cash and doing whatever it can to remain solvent, is considering asking a group of original investors in Circle Centre mall to forgive $34 million they loaned the city toward the construction of Conseco Fieldhouse back in 1997. Fair enough. The companies that invested demonstrated they were civic-minded when […]
I had friends who insisted for years that, when they went to Chicago, they had to go to Adobo Grill. When the restaurant opened up a location on Indy’s north side, those same friends, rather than celebrating, didn’t get around to dining there. And now that Adobo has moved downtown (its former space became the […]
Welcome to the convention of the future. Salespeople you’ve never met will approach you with an uncanny, maybe even unnerving, familiarity and strike up conversations eerily close to your thoughts. Signs and data centers will flash messages tailored to your interests, guiding you to displays, meetings, and products ro and services. You won’t need cash […]
First the good news about Indiana’s insolvent Unemployment Insurance Trust Fund: As part of its $787 billion stimulus, the federal government has just agreed to stop charging interest on its loans to pay benefits to the jobless. President Obama’s package allows Indiana to continue zero-percent borrowing for unemployment insurance through 2010, a provision that will […]
I’m sick. It’s just a cold. All my joints ache, I cannot speak, I don’t want any liquid or solid inputs and have little control over my nasal and other outputs. It’s just a cold that modern medicine acknowledges it cannot cure. Mitigation of symptoms is what we get. The throat is soothed by a […]
That sound you heard was a collective sigh from the Indy Racing League’s sales and marketing department.
IRL driver and Sports Illustrated cover girl Danica Patrick says she has not been contacted by anyone…
The gold hawkers are right, at least for now. Gold has been a better investment than stocks, bonds and
other conventional places to park moneyâ??hitting $1,000 an ounce today.
That signals investors are nervous about prospects for the economy…
By most accounts, attendance is up at this year’s NFL Combine, and not because it’s being held for the first time in Lucas Oil Stadium.
Veteran NFL scout Chris Landry, who serves as a…
The Dow Jones industrial average tumbled to its lowest close in more than six years today as sharp declines in key financial shares led the market lower. The blue chips closed at their lowest level since Oct. 9, 2002, the last bear-market low. The Dow lost 89.68 points, or 1.2 percent, to end at 7,465.95. […]
Local contractors will be ready to pounce when bidding on the first parts of the combined overflow project begins in 2011. They’re hungry for more mega projects following completion last year of the $1.1 billion midfield terminal at Indianapolis International Airport and the $720 million Lucas Oil Stadium. Members of the Indiana Construction Association are […]
I have bad news for Indiana Pacers, Indianapolis Colts and Indianapolis Indians ticket buyers. By the time you buy tickets for next season’s games, you’ll likely be hit with a higher ticket tax….
Circuit City’s demise was bad news for Indianapolis-based developer Kite Realty Group during the fourth quarter of 2008. Despite higher revenue, Kite suffered a $2 million loss in the period ended Dec. 31 due to the bankruptcy of the national electronics retailer, which had been the developer’s seventh largest tenant. The company released its quarterly […]
A bill that would revoke the business licenses of companies that repeatedly hire illegal workers won unanimous support from a Senate committee yesterday. The committee took the unusual step of holding three separate meetings on the proposal – listening to supporters and opponents – before taking a vote. Sen. Mike Delph (R-Carmel) supports legislation to […]
A jury has awarded a Lafayette woman $157 million dollars in a lawsuit against the makers of a tree stand that malfunctioned, leading to the death of her husband. Carol Simonton filed the lawsuit in February 2006, four months after her husband, Timothy Simonton, 42, was found hanging from a tree where he had been […]
Indianapolis police think wet roads caused a crash that forced a school bus into a Lawrence Township ditch yesterday. Officers say a pickup truck lost control on Fall Creek Road and slammed into the bus. All 15 Fall Creek Valley Middle School students on board were sent to the hospital. Two suffered minor injuries. The […]
Evansville-based utility Vectren Corp. reported profit of $37.1 million in the fourth quarter of 2008, a 7-percent dip compared with the same period the previous year. Profit for the quarter ended Dec. 31 was 46 cents per share, a penny short of analyst estimates. Profit for the entire year declined nearly 10 percent, to $129 […]
Parents could learn more tonight about the investigation into a fatal school bus accident at Spring Mill Elementary. The Washington Township superintendent and the school principal will hold a meeting for parents at the school at 7 p.m. A bus driver ran over Christopher Beltz, 10, early this month after dropping the boy off in […]
Your water bill could be going up soon. The Indianapolis Department of Waterworks Board of Directors is considering an emergency rate increase of 20 percent, which would translate to about $5 more each month for the average family. The board will meet at the City-County Building at 5:30 p.m. FOX 59 will have more at […]
Evansville-based utility Vectren Corp. reported profit of $37.1 million in the fourth quarter of 2008, a 7-percent dip compared with the same period the previous year. Profit for the quarter ended Dec. 31 was 46 cents per share, a penny short of analyst estimates. Profit for the entire year declined nearly 10 percent, to $129 […]
The Academy Awards are coming up on Sunday and, while I know the best film of the year won’t win (since “Wall*E” wasn’t even nominated), I’ll still be tuning in to root for some favorites (Go “In Bruges” for Best…
