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A dissident group of investors in The Steak n Shake Co. continues to add to its stake in the locally based restaurant chain even as share prices sink to new lows. Steak n Shake stock hit a 52-week low of $6.51 per share yesterday, down from more than $15 at this time last year. The […]
Drivers are still wincing from their brush with $4 gas this month, but some station operators already are getting ready in case prices rise to $5 per gallon. A company that makes gas station signs has begun to field orders for plastic signs with the number “5” printed on them. Operators, who just months ago […]
Bloomington attorney Phillip Chamberlain was arrested last night and charged with five felony counts for allegedly stealing money from a client instead of investing the money in a golf course project and building a house in Lawrence County. Indiana Secretary of State Todd Rokita said today Chamberlain offered to invest the money as an alternative […]
Indiana and Purdue universities will create a new medical research program after receiving a $25 million grant from the National Institutes of Health, the universities announced today. IU and Purdue will launch the Indiana Clinical and Translational Sciences Institute to turn scientific and medical discoveries more quickly into better care for patients and into new […]
The Indy Racing League has a new problem.
Too many cars.
Twenty-seven car-driver combos are expected to show up for this weekend’s Milwaukee Mile. The problem is, the short oval only has room for 26…
This week, Sheryl Crow launches the season for the Lawn at White River State Park and Eric Clapton plays Verizon Wireless Music Center.
It seems an appropriate time for you to offer what you see as the pros and cons of…
WellPoint Inc.’s top information technology officer will retire from the company July 1, prompting the health insurer to reorganize the business unit he led. Mark Boxer, WellPoint’s CEO of operations, technology and government services, is leaving for the University of Connecticut, where he will teach business courses and conduct health care policy research, according to […]
Eli Lilly and Co.’s director of global security said in a company newsletter that he regrets that Lilly officials did not immediately report the discovery of an alleged noose hanging in a tree on its corporate campus in Indianapolis, according to a statement issued yesterday by a law firm that is suing Lilly for racial […]
The earthquake that devastated so much of southwestern China this month hit close to home for Baker & Daniels attorney Calvin Ding. Ding, who focuses on international law, has a 9-year-old cousin who was in a school leveled by the 8.0-magnitude quake. The school was in Dujiangyan, a city near the epicenter in Sichuan province. […]
It isn’t easy providing tomatoes to the nation. Consider the ongoing struggle at Red Gold Inc. The state’s largest food processor, which is headquartered north of Anderson in Orestes, was all but locked out of buying tomatoes from Indiana growers under…
The Indiana Pacers won’t likely have a shot at Indiana’s Eric Gordon in next month’s National Basketball Association draft. Most hoops prognosticators project Gordon to go seventh or eighth in the June 26…
Local online sports broadcasters Jason Dozier and Robert Kendall have bought a radio station in North Carolina with a third partner, local businessman Rod Sheeks. Dozier, of Indianapolis, and Kendall, of Brownsburg, run AudioSportsOnline.com. AudioSportsOnline broadcasts audio and video footage of youth, high school and college sports, including games from schools in Avon, Indianapolis and […]
Lebanon‘s city council has voted to send a nonbinding recommendation to the municipally owned utility that serves the city to stop offering Internet service. Lebanon Utilities anticipates losing $400,000 on the service this year and a total of $1.27 million by the end of 2010, according to the Lebanon Reporter. The utility’s board plans to […]
People are still fascinated with open-wheel racer Sarah Fisher despite the problems she’s had during the month of May in Indianapolis.
Actually, sports marketers think people might be fascinated with her because of the…
I’ve got a couple of downtown restaurant nuggets. But first, mark your calendars: The summer edition of Devour Downtown starts Monday. Enjoy a special $30 menu at many of downtown’s top eateries for two weeks. Bon appetit!
Federal-Mogul Corp., the Southfield, Mich., auto parts giant, plans to add as many as 50 employees at its lighting plant in the northeastern Indiana town of Avilla. The jobs will be part of a $6 million expansion. The plant now employs 120. The Indiana Economic Development Corp. offered as much as $500,000 in tax credits […]
Shares in Duke Realty Corp. slipped 5 cents, to $25.45, this morning after a Credit Suisse analyst downgraded the stock to “underperform” from “neutral.” Analyst Steve Benyik said the Indianapolis real estate investment trust faces “significant challenges” to lease its rental buildings. Duke also will struggle to contain general and administrative costs as development activity […]
The sad thing—well, one of the sad things—about the death of filmmaker Sydney Pollack yesterday is the nagging feeling that there should be more to be excited about on his directing resume.
Pollack, a native of Lafayette who grew up…
College football has the Heisman Trophy, hockey has the Stanley Cup and The Master’s has the green jacket. But none are as cool as the bottle of milk awarded to the winner of…
As Indiana University’s 10-year technology plan comes to an end, the school is preparing to launch another plan for the next decade. Brad Wheeler, IU’s vice president for information technology, will lead a 140-member team to develop the next technology plan by the end of the year, according to The Herald-Times in Bloomington. IU President […]
