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By Norm Heikens Charge-offs on consumer loans crimped second-quarter profit for First Internet Bank, its parent, First Internet Bancorp, said yesterday. The bank reported $437,000 in profit, down 48 percent from the same period a year earlier. First Internet Bank charged off $343,000 in the most recent quarter and set aside an additional $767,782 for […]
The handshake â?? a meet-and-greet fixture since medieval folks developed the gesture to show they werenâ??t armed
â?? is beginning to be replaced in some circumstances by the fist bump.
Lightly tapping fists has been a staple of athletes…
Art Patterson, who launched Flagship Enterprise Center in Anderson and built the small-business incubator and accelerator into a three-building operation, has been named CEO at Elona Biotechnologies Inc. in Greenwood. Patterson left Flagship early this year after completing a four-year startup phase. Expertise to help small businesses had been established through host Anderson University as […]
Broadway has a new lead actress for “Legally Blonde: The Musical,” thanks to an MTV talent competition (see story here). London and Broadway have also cast talent for revivals of “Grease,” “Joseph and the Amazing Technicolor Dreamcoat,” “The…
IUPUI men’s basketball Coach Ron Hunter is making good on a promise he made in January to personally deliver shoes to the poorest of the poor.
Thursday, Hunter and members of the Jaguars team…
Warsaw-based Zimmer Holdings Inc. will create 100 jobs in a $19 million expansion of its foundry in the northern Indiana city, the Indiana Economic Development Corp. said today. The 50,000-square-foot expansion will result in greater automation and produce 1.3 million castings a year. The state offered 400,000 in tax credits based on jobs created. Zimmer […]
A new study shows newspapers continue to lose advertising dollars and circulation to the Internet, and theyâ??re
slicing ever deeper into newsroom budgets to try to stay in the black.
Stories are shorter and devote less attention to international…
FedEx Corp. has asked a bankruptcy judge to allow it to sue ATA Airlines Inc. for breaching a contract to carry military personnel. The filing comes a month after ATA sued FedEx, claiming that it was forced into bankruptcy when FedEx notified ATA that the contract would end this fall. ATA was obligated to continue […]
AAA Hoosier Motor Club today finalized a three-year deal with the Indianapolis Motor Speedway, making AAA Hoosier Insurance a primary sponsor of the inaugural Red Bull Indianapolis GP MotoGP event on Sept. 14…
One of Indiana’s biggest information technology companies is adding new leadership. Muncie-based Ontario Systems LLC, which develops debt-collection software, has named Tony Reisz as its new president and CEO. He replaces Ontario co-founder Wil Davis, who continues as chairman. Davis was not immediately available for comment. But co-founder Ron Fauquher said top management jobs had […]
Record flooding in early June won’t spark an economic shot in the arm for Indiana like the typical rebuilding process that follows hurricanes and many other natural disasters, according to Richard DeKaser, senior vice president and chief economist at National City Bank. That’s because most of the damage was to agricultural crops, which cannot be […]
Standard & Poor’s Rating Service has raised Indiana’s credit rating to its highest-ever, allowing schools and other agencies to borrow money at lower interest rates. Standard & Poor’s pushed the rating to “AAA” from “AA+,” where it had stood since 2006. The was due in part to property tax reform, low-overall state debt levels, a […]
Indy Racing League officials searching for a title sponsor have their short list narrowed to five companies.
Subway restaurants and Eastman Kodak head the list, according to league sources. There are also two technology…
HENDRICKS COUNTY Motorcycle team expanding in Brownsburg-again In 2004, Indiana convinced Vance & Hines Motorsports Inc. to move its motorcycle racing team from California to Brownsburg. The National Hot Rod Association Pro Stock team moved into an 18,000-square-foot facility whose central location made traveling to races easier and made it more convenient to return to […]
HAMILTON COUNTY Hamilton County tops magazine rankings Hamilton County residents already know all about their affordable property taxes, low crime and strong schools. But they got outside confirmation from two national magazines during the last month. In a June 30 story titled, “America’s Best Places to Raise a Family,” Forbes ranked Hamilton County first in […]
MADISON COUNTY Nestle may expand in Anderson The Anderson Board of Zoning Appeals on July 2 approved a request by Nestle Corp. to expand its 880,000-square-foot plant in the Madison County city by 260,000 square feet. The approval was granted with hope that Nestle will choose its newly operational Anderson plant for production of a […]
JOHNSON COUNTY Franklin distribution center to have eye appeal Officials for an Ohio-based tire manufacturer this month announced plans to relocate a distribution facility to Franklin, bringing 60 jobs to the city 25 miles south of Indianapolis. Cooper Tire & Rubber Co. will move into a new 808,500-square-foot building in Franklin Tech Park near Interstate […]
Carmel’s play for the arts Some fear it will come at Indianapolis’ expense The $80 million-plus Carmel Performing Arts Center, a neo-classical-styled concert hall designed to be an acoustical masterpiece, is still two years from opening. But it’s already the source of some dissonance in the Indianapolis arts community to the tune of Mozart’s String […]
Spotlight on Hamilton County Named for Alexander Hamilton, a member of the Continental Congress and a framer of the U.S. Constitution 5 LARGEST CITIES/TOWNS population Fishers ………………………………………61,840 Carmel ………………………………………60,570 Noblesville …………………………………40,115 Westfield ……………………………………13,444 Cicero …………………………………………4,400 5 LARGEST EMPLOYERS employees Sallie Mae…………………………………….2,300 Conseco Inc. …………………………………2,300 Marsh Supermarkets Inc………………….1,650 Resort Condominiums International ….1,600 Thomson Inc………………………………….1,600 COUNTY MSA* […]
HANCOCK COUNTY Fighter invading Mount Comfort No, the U.S. Navy’s Blue Angels will not be headlining the Indianapolis Air Show next month. Though the fan favorite won’t be on hand for the event Aug. 22-24 at Mount Comfort Airport, organizers hope a demonstration of the still-rare F-22 Raptor will keep attendance above the usual 100,000 […]
