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Little Rox revisits ’70s Pet Rocks fad

Little Rox offers 20 varieties of rocks, each tied to a character trait such as humility, honesty and tolerance, and sell
online for $15 each.

BANKRUPTCIES

BANKRUPTCIES Indiana Pipework Inc., 7845 S. Indianapolis Road, Zionsville, 46077. Chapter 11 reorganization. Assets: $1,291,486; liabilities: $2,390,610. New Wave Communications Inc., 231 Commerce Park Drive, Franklin, 46131. Chapter 11 reorganization. Assets: n/a; liabilities: n/a. Founder’s Plaza LLC, 3333 Founder’s Road, 46268. Chapter 11 reorganization. Assets: n/a; liabilities: n/a. Carter Enterprises Inc., P.O. Box 583, Arcadia, […]

Self-made wealthy among most generous

The Center on Philanthropy at Indiana University found in a recent study of more than 4,840 charitable gifts worth $1 million
or more that self-made wealthy people gave the most —
often to nonprofits that rarely receive such large gifts.

Auto industry requires unparalleled effort

While America’s auto industry is being transformed to become efficient and environmentally conscious, put laid off auto employees
to work educating students.

Despite recession, small businesses support charity

In the Indianapolis area, small-business owners told IBJ that they give in whatever
way they can, and would like to continue as long as their finances allow. But a Chronicle
of Philanthropy survey indicates that giving is already on the decline.

$40M prison work program helps inmates, businesses

If you’ve ever cooked a hamburger over a grill at Shakamak State Park, sat in a hospital waiting room chair, or sipped from a water fountain, you may have used products made by Indiana convicts. Although offender work programs have been around since the 1920s, most Hoosiers know little about the Indiana Department of Correction’s prison-based industries, which generate $40 million a year in revenue.

Companies face pension-plan shortfalls

Private employers that still offer traditional pension plans are getting a big shock as they assess how much more it will
cost to shoulder retirement obligations.

Eastside trail work to begin

Work is to begin this month on a 1.2-mile segment of the Pennsy Trail between Arlington Avenue and Shortridge Road.

Siegel’s NASCAR future in doubt after merger

Chip Ganassi’s NASCAR team is teaming with Dale Earnhardt Inc. where Max Siegel has served as president of global operations
since early 2007, and the former Baker & Daniels attorney may be among many laid off in the merger.

New president is a sign of hope

The election for me was like looking up for a change instead of having a spiral-down feeling, which was good.

Fishers tables $100M development

An Ohio developer and the town of Fishers have agreed to cancel a 2007 development agreement that called for a $100-million
mixed-use project featuring 250,000 square feet of retail space and 150,000 square feet of office.