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The abrupt slowdown in merger-and-acquisition activity shouldn’t be confused with a poor economy, say some Indiana professionals who specialize in the work. Aside from a few hard-hit industries such as housing and retail, most sectors of the economy are fairly healthy, the observers say. And many think the low point of the economic downturn might […]
Its athletes may be fast, but when it comes to finding and hiring a new CEO, Indianapolis-based USA Track & Field is anything but speedy. Maybe that’s because the organization has only had…
Race fans can now buy one ticket to see the Indianapolis 500, Brickyard 400 and inaugural Red Bull Indianapolis GP motorcycle race.
The Indianapolis Motor Speedway for the first time is offering a general…
Casting Technologies Co. plans to add 40 jobs to 85 existing positions as it expands its aluminum parts operation in Franklin. The company sells cast parts to carmakers that are looking to reduce weight. Casting Technologies is owned by Compass Automotive Group Inc., which is headquartered in the city south of Indianapolis. Compass was created […]
I’m jazzed to write about both the Lincoln Center revival of “South Pacific” and the new Broadway musical “Cry-Baby” when I return to Indy. And to catch two more shows Saturday. And to share, perhaps tomorrow’s blog, some thoughts on my…
Some local Starbucks workers are looking like they tangle with cats.
Theyâ??ve taken to putting bandages over piercings to meet the letter of Starbucksâ?? dress code, which minimizes
the number of earrings and other piercings visible to customers.
Band-Aids beat the hassle…
An undeveloped parcel of 189 acres in Muncie has been bought out of foreclosure by the bank that foreclosed on the property, according to The Star Press. First Merchants Bank paid $2.3 million for the property, which is along I-69 at State Road 332. The land is part of a business park called Park One/332. […]
Deaconess Health System in Evansville might buy Welborn Clinic, which has nine locations in Evansville and surrounding counties, according to the Evansville Courier & Press. Neither side confirmed the merger, but one Deaconess official said talks of a sale have been ongoing. The clinic has about 650 employees, including physicians. Deaconess employs more than 3,000 […]
Pass are still available for tonight’s screening of “Young @ Heart” at Landmark Keystone Art’s Cinema. They are available while supplies last at the IBJ front desk.
Go.
If you do make it, remember to post comments here tomorrow….
Duke Realty Corp. reported late yesterday that it earned $89.2 million, or 58 cents per share, in funds from operations in the first quarter. The funds were down 4 cents from a year earlier and short of the 62 cents expected by analysts surveyed by Thomson Financial. Duke attributed the result to the sale of […]
Indiana University today signed an eight-year deal with Adidas that will net the school’s athletic department $21 million in cash and products over the course of the agreement.
Portland, Ore.-based Adidas will supply footwear…
The line is short at the temporary TKTS half-price ticket booth (although just about everyting is available), every third non-tourist woman seems to want to be Tina Fey, and Central Park looks great. Wish you were all here.
I’m blogging from…
Hamilton County is where the wealth is, followed by Boone County, right?
Not necessarily, anymore.
The average person in Boone County now makes more money than the average person next door in Hamilton County.
In an upcoming column in IBJ, Morton Marcus, who…
While a lot of National Football League presidents and general managers are looking closely at college prospects’ football pedigree, Indianapolis Colts President Bill Polian takes his background check a step further. Sure, Polian wants to know…
The 64 partners of Sommer Barnard PC unanimously voted today to approve the firm’s merger with Cincinnati-based Taft Stettinius & Hollister LLP. The vote means Taft Stettinius & Hollister will absorb Sommer Barnard on May 1, meaning Indianapolis will lose one of its largest law firms. Sommer Barnard was founded in 1969 and has 103 […]
Shares of Wabash National Corp. plummeted 15 percent today after the Lafayette-based truck-trailer manufacturer reported more red ink than analysts expected. The stock fell $1.50, to $8.50, by mid-afternoon. Wabash said it lost $6.4 million in the first quarter, a reversal from a $1 million profit a year earlier. The loss amounted to 21 cents […]
The good news for the Indy Racing League keeps rolling in. On the heels of a significant attendance increase at the April 27 race at Kansas Speedway over last year’s event, series officials are now reporting that television ratings also…
Democratic presidential hopefuls Barack Obama and Hillary Clinton are locked in a virtual dead heat in Indiana, according to the latest Howey-Gauge Poll. Hoosiers favor Obama over Clinton by the slim margin of 47 percent to 45 percent. In the race for governor, Democrat Jill Long Thompson holds a commanding lead of 45 percent to […]
Conner Prairie landed its own four-page section in the current issue of Smithsonian magazine and, of course, the powers that be at the rustic landmark are thrilled.
In a press release, Brenda Myers, executive director of the Hamilton County Convention…
The Indianapolis Indians are just 321 fans short of drawing 7 million fans to Victory Field, which opened mid-summer 1996.
The team plans to celebrate the milestone tonight when the Tribe plays the Columbus Clippers….
