Pizza chain growing & more
Monical’s Pizza plans to open new restaurants in Carmel, Fishers and Indianapolis later this year. The Illinois-based chain, known for its thin-crust pies, already has six stores in Indiana: in Avon, Lafayette,…
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Hoosier hysteria reborn?
Boys high school basketball hasn’t returned to its glory days of the 1960s, but this year’s final between Brownsburg and Marion drew a sell out crowd of 18,305 Saturday. Tournament officials said lots more tickets could have been sold if…
Witham, St. Vincent to build Boone facility
Witham Health Services and St. Vincent Health will build a 42,500-square-foot medical facility inside the Anson development in Boone County, the two hospitals announced today. The new facility will cost $10 million to $12 million to build and will feature a freestanding emergency department. It will operate 24 hours a day. Duke Realty Corp. and […]
Lilly contract fuels BioConvergence expansion
BioConvergence expects to create as many as 170 new jobs by 2011 as it grows its drug development and logistics services, the Bloomington company said today. The company plans a ribbon-cutting ceremony this afternoon on a 21,000-square-foot expansion of its facility. BioConvergence is growing because of a 10-year, multimillion-dollar contract it signed in late 2006 […]
Workers unable to save Bloomington GE plant
General Electric Co. said yesterday that ideas submitted by workers to make its Bloomington refrigerator plant competitive fell short, and that the plant will be shuttered by the end of next year. Employees had tried since the initial closing announcement in January to find ways to make the plant more efficient. GE spokeswoman Kim Freeman […]
UPDATE: Walsh at Pacers ‘too long’
Indiana Pacers President Donnie Walsh said this afternoon that he’s stepping down after 22 years at the team’s helm. “I think I’ve been here too long,” said Walsh, who arrived at the Pacers in 1984 as an assistant coach. He was elevated to general manager two years later and named president in 1988. “It’s just […]
Does departure help Pacers?
Maybe Donnie Walsh stayed too long with the Pacers, as he said in a news conference this afternoon announcing his departure.
The 67-year-old said the team will benefit from having a single voice, that of Larry Bird, as president…
Angie’s List starts rating health care
Angie’s List quietly launched its health care ratings service on March 14 and will begin promoting it today. The Indianapolis company, which typically rates home repair services, will host an afternoon press conference about its foray into health care. It plans to send out an e-mail to its 600,000 customers as early as today. The […]
Angie’s List takes on health care
As of today, youâ??ll be able to scour Angieâ??s List for ratings on doctors, health insurance and other
health
services.
The Indianapolis company made its name by rating plumbers and other home repair services.
Will the same approach work with…
Financial adviser sentenced to 33 months
Brian K. Snyder, an Indianapolis financial adviser, was sentenced Friday to 33 months in prison after being convicted in October of using $245,000 of clients’ funds for his personal benefit. Federal Judge David Hamilton also ordered Snyder, 46, to pay $177,000 in restitution to two clients. The clients were Tech Traders Ltd., which was based […]
Car insurance rates falling, report says
Declining claims have prompted car insurance companies to lower rates in Indiana, according to The Journal Gazette of Fort Wayne. Insurers’ experience in the state has been favorable overall in recent years, even though they paid out millions of dollars on claims stemming from the hailstorm that struck central Indiana in April 2007. An insurer […]
Peterson aide to lead Humanities Council
Keira Amstutz, a key player in former Mayor Bart Peterson’s cultural tourism push, today will be named president and CEO of the Indiana Humanities Council. Amstutz, who served as chief counsel and director of policy under Peterson, takes over April 14. The position has been vacant since May 2007, when Scott Massey resigned to lead […]
Roller Girls gain cult following
The Naptown Roller Girls are proving so popular, the locally-based team is looking for a bigger venue. In only its second season playing at the State Fairgrounds’ Toyota Blue Ribbon Pavilion, the team’s…
Research investment widens Targanta loss
Targanta Therapeutics Corp., a Massachusetts antibiotic-development firm with strong ties to Indianapolis, lost $10.7 million in the fourth quarter, $1 million more than it lost in the same quarter a year earlier. The company is commercializing an antibiotic developed by Eli Lilly and Co. to fight skin cancer. Targanta had its headquarters in Indianapolis before […]
You-review-it Monday
For me, the weekend included lots of reading for upcoming book reviews, a visit with Dance Kaleidoscope (review to appear in next week’s IBJ) and screenings of the classic “Mildred Pierce” and the less-than-classic “Horton Hears a Who.”
So what did…
EYE ON THE PIE: Trending will rot out property tax deal
“They” have gone home. “They” are the neighbors we asked to serve in the Indiana General Assembly. They are reasonable, pleasant, well-intentioned people who act like irresponsible, ignorant and fearful children when organized into caucuses. Legislators in a caucus are similar to slaves in a galley ship, coerced to move to the beat of a single drum, rowing in unison, not knowing where their efforts will lead. Our legislators spent months chanting old sea ditties about property tax reform. Now…
Employee-ownership plans increasingly common: Selling to staff allows owners to ease back, gives workers stake in firms’ success
When Unique Home Solutions owner Bob Dillon started thinking about retirement, he knew he didn’t want to sell his company to the highest bidder. After all, he and his 125 employees worked hard to establish a corporate culture that has helped the service firm triple revenue in recent years-and win the Better Business Bureau’s Torch Award for marketplace ethics four times. So like a growing number of baby boomers, Dillon is planning to sell the business to his staff through…
ECONOMIC ANALYSIS: Final version of tax reform deserving of accolades
The practice of economics certainly can compel a man to cynicism. Take, for example, tax reform. I’ve testified on tax reform before legislatures in three states and one foreign country. Each had much bigger tax problems than does Indiana. Today, in each of those places, several solid proposals languish under the assault of special interests, much to the chagrin of taxpayers. Here in Indiana, the story is different. The past few months have seen reasoned and informed debate on property…
NOTIONS: Beyond the biased barriers of Beaver Cleaverville
I grew up on the outskirts of Omaha, Neb.; Lafayette and Fort Wayne. Each time we moved, we wound up near the line where the suburbs met the farm fields. For a kid, this had advantages. You could ride your bike down miles of country roads, hike through newly plowed furrows or climb through construction sites after the Amish workers had called it a day. Mostly, you watched one world advance and the other retreat. The houses in our neighborhoods…