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Bankrupt specialty retailer Linens ‘N Things said yesterday that it will be auctioned Tuesday, and that an anticipated “stalking horse” bidder is likely to liquidate the company, according to an Associated Press report. Linens ‘N Things earlier said it would close a store in Avon but keep locations in Castleton, Noblesville and the far south […]
Chrysler LLC has sued Getrag, the German transmission maker that’s building a $530 million plant north of Indianapolis, claiming Getrag breached its contract by failing to obtain financing for the project. Chrysler also said that it is not obligated to reimburse Getrag for Getrag’s costs for the project, according to The Kokomo Tribune. The suit, […]
Bryan Coats, who leads economic development in New Castle and Henry County east of Indianapolis, has been arrested and preliminarily charged with burglary and stalking after his ex-wife called police, according to The Star Press of Muncie. Coats told the newspaper that he was trying to “keep my family together.” “Love is a tough thing,” […]
Jerry Handfield hasnâ??t lived in Indiana since 2001, when he moved to Washington to take a similar job overseeing
that stateâ??s archives.
But Handfield still keeps tabs on Indiana. So much so that he checks the Weather Channel when tornadoes
rip…
“Show, don’t tell” is a mantra of dramatic writing. And it’s a mantra pretty much ignored by Gueseppi Verdi in his opera “Il Trovatore.”
In its early scenes, exposition nearly overwhelms, and even when it looks like there’s going to be…
Larry Bird has settled a lawsuit against a bed-and-breakfast that operates from his boyhood home in the southern Indiana town of French Lick. Attorneys for the basketball icon and Legend of French Lick LLC would not discuss the settlement, saying the parties had signed a confidentiality agreement. The Web site of Legend of French Lick […]
Lilly Endowment will donate $2.8 million in its latest gift to BioCrossroads Inc., the development group that promotes life sciences business in central Indiana. The money will fund BioCrossroads’ educational and scientific initiatives through 2010. To date, the endowment has given $16 million to fund such BioCrossroads projects as the Indiana Health Information Exchange, the […]
Rising unemployment rates are making it harder for more states, including Indiana, to pay jobless benefits, according to Stateline.org. The non-partisan organization, which reports on trends in state policy, says unemployment insurance trust funds are in danger of insolvency in California, Michigan, Missouri, New York, Ohio, South Carolina and Wisconsin. It cites a study by […]
An Italian manufacturer of wind turbine transmissions and other types of transmissions plans to move its U.S. headquarters to Yorktown and create 455 jobs, according to Energize-ECI Inc., an economic development group that promotes the Muncie area. Brevini Co.’s $60 million project will be formally announced this afternoon. The relocation of the U.S. offices from […]
Mirror mirror on the wall … who’s the most influential of them all? Business Week attempts to answer that question in this week’s issue with an in-depth look at the 100 most influential people…
A closed Bennigan’s restaurant in Fishers is now home to Hot Shotz. The local restaurant’s previous location, near 96th Street and Gray Road, was destroyed in a fire on June 28. The new…
One of the biggest sociological buzz books in recent years was Malcolm Gladwell’s “The Tipping Point,” in which the journalist looked at the root causes of popularity–what are the circumstances that lead to a sudden skyrocketing of awareness
His next book,…
The helmet that Graham Rahal wore during the Honda Indy 200 at Mid-Ohio is up for auction on the online auction site eBay. This one-of-a-kind helmet was designed as a tribute to Paul…
Clarian Health Ventures has invested an undisclosed amount of money in NeoChord Inc., a Minneapolis company that’s developing a treatment for mitral-valve regurgitation. The treatment is based on technology first developed at Mayo Clinic and has since received funding by angel investors with ties to Indianapolis, Clarian said in a press release. The technology has […]
Just about everyone whoâ??s taken advantage of a nice day to trek to Brown County on State Road 135 has
seen a lot of motorcycles.
The winding road to the tourism hot spot may indeed be picturesque. But itâ??s also dangerous.
The…
A slowing of new development caused the industrial property vacancy rate to drop in the third quarter, according to Colliers Turley Martin Tucker. The rate fell to 7.3 percent from 8.1 percent in the second quarter, the brokerage said. Available space fell by 3 million square feet, to 25.7 million square feet. While the brokerage […]
Allen County officials have stopped construction of a Fort Wayne hotel because a section of the seven stories that have risen into the air is sinking, according to WANE-TV Channel 15. The project, which is near I-69 and U.S. 24, is settling because it was built on topsoil, the Fort Wayne station reported. The contractor, […]
Brevini, an Italian company that makes transmissions for wind turbines and other applications, is expected to announce tomorrow afternoon that it will open a location in an industrial park at Yorktown, which is near Muncie. The location in Park One will involve as many as 400 jobs ranging from administrative to manufacturing, according to The […]
Yet another poll shows the contest between John McCain and Barack Obama as too close to call in Indiana.
The WISH-TV Channel 13 survey has each with 46 percent of likely voters.
With margins like this, the election could…
