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Minneapolis-based retailer Target Corp. announced today that it will shutter its location at 3700 S. East St. The store is south of downtown but north of I-465. Target said the store, which will remain open until Jan. 17, is being closed “after careful consideration of the long-term viability of this specific location.” The 84 employees […]
In the past, I’ve hosted a wide range of IBJ Night at the Movies screenings.
The next two, however, are a little different. The tickets I’m giving away are, to be accurate, for IBJ LATE Nights at the Movies. Midnight, to be specific.
First…
U.S. Sen. Richard Lugar isn’t interested in becoming secretary of state in the administration of President-elect Barack Obama, according to an MSNBC report today. Nor is Lugar interested in any other position in Obama’s cabinet, the report said. However, a spokesman for Lugar, who serves on the Foreign Relations Committee, said he was looking forward […]
Anita Harden, a 34-year veteran of Community Hospitals of Indiana and president of Community Hospital East since April 2004, is taking early retirement as of Nov. 26, the hospital announced to employees yesterday. Harden, 61, is the third executive to announce a departure in recent months. Longtime CEO Bill Corley said in June that he […]
The luxury condo and retail project called 3 Mass is taking shape as sales pick up speed. Buyers have snapped up 26 of the 44 units, including $8 million in sales in September and October, said Todd Maurer of lead…
Voters in eight Marion County townships overwhelmingly opted to consolidate duties of their local assessors and transfer the duties to the county assessor. Warren Township had the lowest affirmative count, 57 percent, while Washington had the highest, 70 percent. Results of the referendum question, “Should the assessing duties of the elected township assessor in the […]
Wireless phone distributor Brightpoint Inc. eked out third-quarter earnings of $5.5 million – in line with analysts’ expectations but off 58 percent from a year earlier. On a per-share basis, profit was 6 cents a share – matching the average estimate of five analysts who track the company. Revenue in the quarter totaled $1.2 billion, […]
Millions of people around the globe were thrilled by Democrat Barack Obama’s election victory last night. This morning, they anticipated a bright new political era of hope and inclusion. But millions of others harbored deep concerns about the president-elect. P.E. MacAllister, chairman of locally based MacAllister Machinery, was among those who consider last night’s national […]
Locally based Kite Realty Group Trust will report its third quarter earnings after the stock market closes this afternoon. The developer has seen its shares flounder as investors predict a slow holiday shopping season will hurt retail real estate firms. Shares dropped as low as $4.21 in recent weeks but fetched more than $6 this […]
Indiana Manufacturers Association CEO Pat Kiely spent last evening at the governor’s residence until 1 a.m. The mood was celebratory, he said, but Gov. Mitch Daniels didn’t spend much time on revelry. Instead, he worked the phones, making calls around the state to learn whether key seats in the Indiana House of Representatives had swung […]
Indianapolis-based Miller Pipeline Corp. has made its second acquisition since June, this time snagging Dover Contracting Inc. Headquartered in its namesake town in Ohio, Dover is an underground pipe contractor, and has 50 employees. The company serves gas utilities in Ohio, Pennsylvania, Kentucky and West Virginia. Miller is owned by Evansville-based electricity and natural gas […]
One of the more convenient excuses given for not going to cultural events is the cost.
Well, with the 25th anniversary Zoobook now in release, that excuse has once again been mitigated.
Yes, I know that there are those of you…
I’ve said it before, but you have to give the Indiana Pacers sales and marketing department props for creativity. Today, the Pacers launched their “Teeth for Tickets” promotion, in honor of forward Danny…
Republican Gov. Mitch Daniels’ landslide re-election, despite the national Democratic tide, buoys central Indiana business leaders’ expectations of success on key issues. Those issues include installation of constitutional caps on property taxes and comprehensive local government reform. Greater Indianapolis Chamber of Commerce President Roland Dorson said Hoosiers overcame their resistance to the more controversial aspects […]
A Dayton, Ohio, television station is reporting that a company that helps home-school parents develop curriculum has narrowed its choice for a relocation to the eastern Indiana city of Richmond or a city in Iowa. WHIO-TV Channel 7 didn’t identify the company or its source of the report. However, the station said the company would […]
Change agents Barack Obama and Mitch Daniels won over Hoosiers yesterday, but from different ends of the
political spectrum.
Barack Obama took the state after a campaign in which he promised to increase regulations on business, raise
taxes on…
Republican Gov. Mitch Daniels will be staying in the Statehouse for a second term. The Associated Press declared Daniels, a former Eli Lilly and Co. executive, the winner over Democrat Jill Long Thompson at 7:05 p.m. Thompson, a former U.S. representative from northern Indiana, was running close to Daniels as of this summer, but polls shows […]
Heartland Bancshares Inc. said today it lost $323,000 in the third quarter because it set aside additional reserves in anticipation of two used car lots’ not repaying their loans. The Franklin-based parent of Heartland Community Bank said it increased its loan loss provision to $1.1 million from $60,000 in the same quarter last year. Without […]
To keep this post topical, I’ll start with a link to this week’s Real Estate Weekly. The news has been slow lately, but my colleague Chip Cutter still managed to dig up some good nuggets. The real…
