Kansas IRL race near sellout
The effect of Danica Patrick’s victory is being felt from Japan to Kansas.
A measurable surge in ticket demand for today’s Indy Racing League’s race near Kansas City, Kansas pushed the event near its…
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UPDATE: Centerplate snags NCAA contract
Connecticut-based Centerplate Inc. has purchased the Crystal Catering contract for the NCAA headquarters from Florida-based Sun Capital Partners. The contract was announced this afternoon along with four other contracts reported earlier today by IBJ. The four contracts cover food service at the Indiana Convention Center, Indianapolis Zoo, Indiana State Museum and Murat Theatre, and are […]
The sum of IU and Purdue
It wasnâ??t so long ago that the thought of Indiana and Purdue universitiesâ?? doing anything of consequence
together was a nonstarter.
Then they began working on economic development together, and later life science projects.
But the person who dreamed up Indianaâ??s first…
Emergency hearing scheduled for Premier
A U.S. bankruptcy judge has scheduled an April 28 emergency hearing over Premier Properties USA Inc.’s refusal to turn over records
concerning its retail properties including Metropolis mall in Plainfield.
Amtrak shifting 80 workers out of Beech Grove
An attempt to improve efficiency of train maintenance has prompted Amtrak to relocate 80 positions away from its long-time maintenance hub in Beech Grove. Fifty-three positions specializing in wheels will be moved to Chicago and 27positions with locomotives will go to Wilmington, Del., said spokesman Marc Magliari. After the restructuring, 475 workers will remain at […]
Glass Chimney deal ‘wobbly’
Unspecified issues with the kitchen staff have delayed the change in ownership of The Glass Chimney and Deeter’s, said James Roudebush, one of the three buyers in talks with restaurant owner Dieter Puska. “I’d say the deal is a little wobbly,” Roudebush said, but declined to explain the issues with the workers in the kitchen. […]
Leader of Super Bowl bid is upbeat
The leader of Indianapolis’ bid to host the 2012 Super Bowl is more optimistic than ever about the city’s chances after a meeting yesterday with NFL officials that lasted more than five hours. League officials seemed to like the direction the city is taking with the more creative aspects of the bid, including a pedestrian-zone […]
Gracenote deal has Hoosier DNA
Sony Corp. of America’s $260 million acquisition of Emeryville, Calif.-based Gracenote Inc. this week may seem like a Pacific Rim deal. But it has some Hoosier DNA. Indiana technology entrepreneur Scott Jones acquired Gracenote in 1998 and placed it under his Escient Technologies LLC umbrella of companies. Escient attempted to develop a series of consumer […]
Bristol-Myers to take Evansville division public
Bristol-Myers Squibb Co. said today it is planning an initial public offering for its Evansville-based baby formula division, Mead Johnson Nutritionals. The New York pharmaceutical giant would sell no more than 20 percent of Mead Johnson, however, retaining an equity interest of at least 80 percent. A registration statement is to be filed by the […]
$19M deal leaves 3 price-fixing defendants
After negotiating a $19 million settlement with Illinois-based Southfield Corp., class-action attorneys are pressing ahead with claims against three other concrete companies accused of price fixing that so far have not agreed to a deal. The civil case is an outgrowth of a U.S. Department of Justice investigation several years ago that found local concrete […]
Gary airport leases part of foreign trade zone
The Gary/Chicago International Airport Authority Board has approved temporarily leasing 50 acres of the airport’s designated foreign trade zone to Gary’s Chase Street Industrial Center, according to The Times of Munster. The Center has applied for a foreign trade zone designation from the federal government on behalf of a tenant. The process can take two […]
New investments for Duke: $117.5M
Indianapolis-based Duke Realty Corp. reported it spent $89.5 million on development and $28 million on acquisitions in the first quarter, down from a total of $137.1 million in the same period last year. About $43 million of the newly developed property will be added to the company’s rental inventory. The rest will be sold. The […]
Bucks set to hire Sampson?
Scott Skiles is apparently a big fan of Indiana University’s former basketball coach Kelvin Sampson.
Sources close to both said Skiles, who has a house in Bloomington where Sampson used to work, is urging the…
Reading into “On The Road”
In June, the Indianapolis Museum of Art will be showcasing the 120-foot-long scroll on which Jack Kerouac wrote his landmark work “On the Road.” My question: Is the scroll itself art or artifact?
The scroll
Star’s Montieth ‘hit dead end’
Indianapolis Star sports reporter Mark Montieth has covered his last Indiana Pacers game for the paper he dreamed about working for since he was a young child.
Effective at the end of today, Montieth,…
Butler foundry to close, throwing 138 out of work
Citation Corp. said today it will close its aluminum molding foundry in the northeast Indiana town of Butler, costing 138 workers their jobs. The Novi, Mich., company said the closing, which begins in May, will allow it to focus on its ductile iron and die casting businesses. It also operates in Alabama, North Carolina and […]
Premier Properties retreats into bankruptcy
Premier Properties USA Inc. filed for bankruptcy protection yesterday, narrowly avoiding the appointment of a receiver to
take control of the troubled Indianapolis company.
Mayweather to green flag Indy 500
Boxer Floyd Mayweather Jr., the WBC welterweight world champion, will drop the green flag on this year’s Indianapolis 500.
Mayweather competed on ABC’s hit “Dancing with the Stars” last fall along with two-time Indianapolis…
IPL planning wind energy farm
A new current is blowing through Indiana today when it comes to wind energy. Indianapolis Power & Light said it has partnered with a French energy company to build a 100 megawatt wind farm near Fowler. The Benton County town is near Lafayette. Meanwhile, workers are erecting a 150-foot-tall wind turbine in Marion County to […]
Southwest adds non-stop flights to Denver
Southwest Airlines will launch non-stop service to Denver, apparently smelling blood from bankrupt Frontier Airlines, which has flown the route from Indianapolis since 2005. Dallas-based Southwest will begin nonstop daily service to Denver on June 4. The carrier is the fourth-busiest at Indianapolis International, with 12.1 percent of traffic in 2007. Currently it offers 17 […]