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The Steak n Shake Co. has rolled back a roadblock originally designed to stop an activist investor from taking control of the struggling chain. The company’s board has agreed to reduce the percentage of Steak n Shake shares needed to call a special meeting from 80 percent to 25 percent. The board had raised the […]
Locally based Brightpoint Inc. today said that it has reached an agreement with New Jersey-based Verizon Wireless to distribute wireless devices to the carrier’s authorized agents and national retailers. Brightpoint spokesman Anurag Gupta called the pact “a significant deal for us.” Verizon is one of the nation’s largest wireless networks.
The developers of an 8-story condo building southeast of College Avenue and North Street have taken a…
Thereâ??s nothing like travel to change oneâ??s perspective on the world.
Graham Toft, perhaps the stateâ??s most experienced economic development expert, has traveled a lot in the past
couple of years, consulting to state governments worried about rebounding from their doldrums.
The…
I’ve got a pretty broad definition of art. And a pretty broad definition of art films.
But “Get Smart”? “You Don’t Mess with the Zohan”? “Indiana Jones”? “The Happening”? “Sex in the City”?
Such is the lineup at Landmark’s Keystone Art…
Intense bidding yesterday from parties in Asia, the Middle East, Europe and the United States pushed the auction price of a Claude Monet painting owned by Columbus industrialist J. Irwin Miller and his wife, Xenia, to $80.45 million. A spokesman for Christie’s Auction House said the “Le Basin aux Nympheas” nearly broke a record for […]
The June 22 Indy Racing League race at Iowa earned a 1.2 overnight TV rating, according to New York-based Nielsen Media Co., meaning about 1.2 million households nationwide tuned in to watch the…
Miller Pipeline Corp., the pipeline contractor owned by Evansville-based Vectren Corp., has acquired a small pipeline contractor in Greenville, S.C., for an undisclosed price, Miller said yesterday. The South Carolina firm, E&M Pipeline, has 35 workers. E&M pushes Indianapolis-based Miller into its 22nd state. Most of Miller’s work is in Indiana and Ohio. The acquisition […]
Bankrupt ATA Airlines aims to land court approval Friday to conduct a massive auction of assets next month in Indianapolis and Chicago. “This will be one of the biggest auction events in Indy this year,” states the Web site of Key Auctioneers. ATA wants the Avon firm to conduct the auction July 22 at ATA’s […]
Investors in Eli Lilly and Co. showed displeasure this morning in the decision announced late yesterday that the U.S. Food and Drug Administration will extend its review of Lilly’s prasugrel drug by three months. Shares in the Indianapolis pharmaceutical company fell 2 percent, to $46.63 – a 52-week low. The FDA’s decision on the highly […]
“Sometimes I worry that culture is like vegetables and that I’d be better off eating that which is locally grown,” writes novelists Ann Patchett in today’s Wall Street Journal.
The piece isn’t a celebration of local arts. Rather, it’s a tribute to the…
A Purdue University civil engineering professor made news this week by rolling out a study showing the new
70 mph speed limit on rural interstates in Indiana caused virtually no increase in fatalities or injuries.
The study was prompted by the…
It’s still no Silicon Valley, but Indianapolis’ high-tech economy enjoyed a modest expansion last year, according to the latest annual Cybercities report issued by the American Electronics Association. The good news is that high tech employment grew in Indianapolis and surrounding counties last year, albeit by only 2 percent. The growth gave the region a […]
A group of car collectors has bought an iconic Greenwood drive-in called The Suds and plans to reopen the landmark on Saturdays starting July 5. The Suds Hot Rod…
If the Indiana Pacers pull the trigger on a deal to send Jermaine O’Neal to Toronto for guard T.J. Ford, center Rasho Nesterovic and possibly the No. 17 pick in this year’s NBA draft, several NBA insiders think they’d be…
Country music legends The Charlie Daniels Band will perform July 27 at Indianapolis Motor Speedway before the Brickyard 400 NASCAR race.
Sony BMG Nashville recording artist Craig Morgan will serve as opening act for…
Raj Bal will become president of WellPoint’s Inc.’s individual business on July 8, the company announced today. Bal comes from Milwaukee-based Assurant Health, where he was executive vice president and chief operating officer. He also serves on the policy committee for America’s Health Insurance Plans. He has an economics degree from Concordia University in Montreal, […]
The folks at the Indianapolis Museum of Art have named names (at least some) for programming at its soon-to-be-opening Tobias Theatre.
The initial schedule for this new “living room” for the arts includes:
–“Virtuosos and Visions,” featuring violinist Cho-Liang Lin, pipa artist Min Xiao-Fen,…
Local law enforcement officials plan to cast a wider net in their quest to track
down and arrest Christopher P. White, the founder of defunct developer Premier Properties USA Inc.
Mid-sized companies are a lot like middle children in a family, a new Indiana Chamber of Commerce study has found. They tend to achieve a lot, but don’t get the attention they deserve. The businesses amount to only 3 percent of all businesses in the state, yet generate 30 percent of the jobs and more […]
