Glass, Swarbrick in same boat
Fred Glass, IU’s soon-to-be athletic director, and Notre Dame AD Jack Swarbrick have something in common. And I’m not talking about their roots as law partners at Baker & Daniels. Neither one of them has…
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Kite Realty chairman retires, son takes over
John A. Kite has replaced his father, Alvin E. Kite, as chairman of Kite Realty Group Trust, the Indianapolis-based developer. John Kite had been president, CEO and a board member. He has dropped the title of president, and the position has been taken up by Thomas K. McGowan, who had been senior executive vice president […]
The (your name here) bat
Purdue University is jumping on a trend toward offering naming rights for newly discovered species.
The university plans to announce Monday that a bat discovered by one of its researchers can be named for
a company, a person â??…
Katz Sapper tech arm buys Digitech
A technology support company owned by Indianapolis accounting firm Katz Sapper & Miller Co. has acquired Digitech Inc., a local consulting and network services firm, for an undisclosed price. KSM Business Technology, which has nearly 300 employees, will absorb all six Digitech workers and provide a seamless transition for its mid-size clients, KSM said today. KSM […]
Celadon buys Arkansas trucking firm
Indianapolis long-haul trucking firm Celadon Group Inc. has acquired the assets of Continental Express Inc., a trucking company headquartered in Little Rock, Ark., for $24 million in cash. The assets include 400 tractors and 1,100 trailers – enough to boost Celadon’s rolling capacity by about 13 percent. Also included are Continental’s truckload, intermodal and brokerage […]
BREAKING: Maurer donates $35M to IU
Click here to view a video of the announcement. Indianapolis attorney and businessman Michael Maurer is giving $35 million to the Indiana University School of Law in Bloomington, which has been renamed in his honor. The gift, the largest in the law school’s history to come from a single donor, will fund an undetermined number […]
Gall about the jobs bank
The jobs bank has come to symbolize whatever the general public thinks is wrong with the United Auto Workers
and Detroit car companies.
For many years, the UAW contract has stipulated that laid-off workers be paid nearly their entire compensation.
Now,…
UPDATE: Locke Reynolds sought previous mergers
Locke Reynolds LLP’s merger with Frost Brown Todd LLC will become final Jan. 5. But it’s not the first time the firm has sought a marriage. Locke Reynolds Partner Jim Dimos acknowledged in an interview with IBJ that in the past few years the Indianapolis law firm has had conversations with several local rivals, without […]
Motorsports leaders plan new convention
Three key promoters of the Indiana motorsports industry have formed a company to launch a new trade show in Indianapolis next year. The threesome – Indiana Motorsports Association Executive Director Tom Weisenbach, local auto and truck dealer Jeff Stoops and C&R Racing Inc. owner Chris Paulson – hope the new show will fill part of […]
Star slashes 20 newsroom positions
Indianapolis Star Publisher Michael Kane told staffers yesterday the equivalent of 52 full-time staffers are being laid off to shore up the company’s bottom line. Twenty full-time positions in the newspaper’s editorial department were terminated, including Susan Guyett, who pens the Talk of our Town column; cultural writers Whitney Smith and Chris Lloyd; and Abe […]
Dark day for Indy arts media
It’s a sad day for Indianapolis media and for the arts as massive layoffs gut the Indianapolis Star.
Whitney Smith: gone.
Chris Lloyd: gone.
Susan Guyett: gone.
Abe Aamidor: gone.
My thoughts and best wishes go out to these and other talented former Star writers, editors…
Danica tops Tiger, Manning
Indy Racing League driver Danica Patrick topped golfer Tiger Woods, quarterback Tom Brady and Super Bowl champion Eli Manning and his brother Peyton as the most searched for athlete in 2008, according to America Online’s…
Medical device think tank moving to Indianapolis
Medical Technology Leadership Forum, a not-for-profit think tank focused on medical devices, is relocating to Indianapolis from its home in Minneapolis, the organization announced today. The forum will be headquartered at the Indiana University Research and Technology Corp. campus on the downtown canal, and will hold one of its three annual conferences in Indianapolis on […]
BREAKING: Locke Reynolds OKs merger
Partners of the Indianapolis law firm of Locke Reynolds LLP late yesterday approved a merger with Frost Brown Todd LLC, a larger firm based in Louisville. The deal will be effective Jan. 5, said Locke Reynolds partner Jim Dimos, emphasizing the merger will allow the firm to better serve its clients. “We identified 10 regional […]
Texas firm boosts stake in Emmis, wants talks
Luther King Capital Management Corp., a Fort Worth, Texas, money manager, has nearly doubled its stake in Indianapolis-based Emmis Communications Corp., a Securities and Exchange Commission filing says. The firm increased its number of shares to nearly 2 million, or about 6.2 percent of the total available. Luther King Capital also wants to discuss the […]
The plethora of car dealers
Open a local phone book or punch in a Google search on car dealers, and itâ??s immediately apparent Detroit
companies have many, many more dealers than their foreign competitors.
Chevrolet and Ford, for instance, each have more than a dozen dealers…
Ethanol debate still burning hot
Debate over the Indy Racing League’s decision to partner with a Brazilian ethanol provider is still burning white hot. The one thing the IRL might have overlooked is that the in-fighting in the…
Predictions for 2009?
It has been a rough year for most in the real estate business. Home sales dropped precipitously, financing dried up and major projects hit the brakes. Will the carnage continue in 2009? Share your predictions. Blog host Cory Schouten is…
Indiana slips in health ranking
Indiana fell two rungs in an annual ranking of the health of state populations. The Hoosier state came in 34th in a report released today by UnitedHealth Foundation, the American Public Health Association, and the Partnership for Prevention. Indiana struggles for well-known reasons. Its smoking rate is sixth-highest, at 24.1 percent. Air pollution and preventable […]
Repair shop wants to buy vacant GM building
A building abandoned by General Motors Corp. as it moved its once-extensive operations out of Anderson might be bought by an Anderson company that serves medical and aerospace companies. Hy-Tech Machining Systems LLC has agreed to buy the 240,000-square-foot Plant 18 for $425,000 – half the original asking price of $850,000, according to The Herald […]