NFL Combine happy in Indy
With all that’s happening on the local sports scene, it’s easy to forget about the NFL Scouting Combine, which begins today in the RCA Dome. The Combine, which was first held in Indianapolis in 1987, is an event that has…
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United Way expects increase in 2007 campaign
Contributions from the 2007 fund-raising campaign for United Way of Central Indiana will increase 5.4 percent from 2006, the not-for-profit projected today. The record $39 million is expected to be $2 million over the prior year. President and CEO Ellen Annala attributed the increase to campaign co-chairmen who put their own money on the line […]
TV alert: Sondheim tonight
Today I am PBS’ biggest fan.
That’s because tonight, the long-running series “Great Performances” is premiering “Company,” a taped-from-the-stage production of the George Firth/Stephen Sondheim musical.
In case you are unfamiliar, “Company” is a landmark musical from 1970 that bypassed traditional story…
Boone County spat could be nearing end
An agreement could be near in the long-running dispute between the towns of Whitestown and Fayette in Boone County. County commissioners are considering signing a compromise that would dismiss a lawsuit brought against the county last year by Whitestown and Carmel developer Brenwick Associates LLC, according to the Lebanon Reporter. The suit challenges the incorporation […]
Danica look-alikes at LaGuardia
AirTran Airways, a sponsor of Danica Patrick’s, recently announced that passengers at LaGuardia Airport in New York will have the privilege of their own personal pit crew to get through check-in fast, thanks to a hustling team of Danica Patrick…
Rising oil prices hurt Calumet profit
Calumet Specialty Products Partners LP reported yesterday that fourth-quarter profit plummeted to $7.8 million from $32.1 million a year earlier. The Indianapolis company said oil prices increased faster than it could raise prices on the lubricants, fuel and other products it refines. For the year, Calumet had profit of $82.9 million compared to $95.6 million […]
Marion startup to use $10M in bonds
The Marion City Council has approved issuing up to $10 million in bonds to be used by Veriana Networks LLC to buy and equip headquarters it has said it wants to build in the Grant County community. In October, Veriana, a startup specializing in technology, media and risk management for the entertainment industry, announced its […]
Indiana Beach resorts sold to New York firm
Descendents of the founder of Indiana Beach amusement park have sold the operation to Morgan RV Resorts, a campground and RV park owner headquartered in Queensbury, N.Y., for undisclosed terms. The deal was announced yesterday, according to the Herald Journal of Monticello. Locations included in the sale are Indiana Beach amusement park, Jelleystone Park Camp-Resort […]
Latest real estate headlines
It’s a busy week for real estate news. Here are a few headlines:
Circuit City closes Clay Terrace store
Carmel’s high-end lifestyle center Clay Terrace has an empty big box. Virginia-based Circuit…
Super Bowl bid group seeks public input
Organizers putting together Indianapolis’ bid for the 2012 Super Bowl have established a Web site – www.our2012sb.com – that they hope will become a breeding ground for public comments and suggestions to build their pitch. Also unveiled in a formal announcement of the bid this afternoon is a community advisory council that will gather ideas […]
Affordable housing…again
Indianapolis is now the most affordable large market in which to buy a house 10 quarters running.
Thatâ??s according to an index the National Association of Home Builders and Wells Fargo put out this afternoon.
In the past quarter, 46.6 percent…
Muncie bank to restate 2006 cash flow
Mutual First Financial Inc. in Muncie said yesterday it would restate its cash flow for 2006 because officials misunderstood where to allocate loan sale activities. The sales were allocated to operating activities rather than the proper category of investing activities, the bank said in a Securities and Exchange Commission filing today. In an interview, Assistant […]
Super Bowl group aims to raise $25M
“It’s everybody’s Super Bowl” will be the theme for Indianapolis’ Super Bowl 2012 bid, which will be officially kicked off at a press conference this afternoon. Bid leader Mark Miles, president of Central Indiana Corporate Partnership, said the bid committee will fight a natural tendency to become insulated when strategizing to win the big event. […]
Champ Car-IRL unification may be at hand
Champ Car teams this week began hustling to prepare for Indy Racing League’s first open test in Homestead, Fla., on Feb 27 and 28, three sources close to both series told IBJ. That can only mean one thing, they said: Unification of the two open-wheel series is at hand. Champ Car and IRL lawyers are […]
Wheeler staying put downtown
Wheeler Mission Ministries has no plans to sell its prime downtown real estate, despite financial troubles that have led the not-for-profit to close its eastside operation. Wheeler said it plans…
Open-wheel deal raises questions
The Indy Racing League series will hold a press conference tomorrow to announce its unification with Champ Car, sources close to the series said. John Griffin, Indy Racing League vice president of public relations, said though the exact timing of…
Sense or censorship?
“It is important for those in the industry to show some thought about who they are marketing some of these programs to…. I’m concerned about sex, but I’m also concerned [about] some of the violent slasher-horror films that come out…….
Irsay remains key to Super Bowl bid
While Mayor Greg Ballard and his team plan to announce today their intent to bid for the 2012 Super Bowl, sources within the league said Indianapolis Colts’ owner Jim Irsay will be the determining factor.
“They could be the Emerald City,…
Indiana native Eskew named Lilly director
The board of directors of Eli Lilly and Co. has elected Michael L. Eskew, former chairman and chief executive officer of United Parcel Service Inc., as a new member. Eskew will stand for election by the shareholders at the 2008 annual meeting in April. Eskew, who served as chairman and chief executive officer of UPS […]
Barge maker abruptly names new CEO
A new president and CEO has been appointed at American Commercial Lines, the big barge builder headquartered in the southern Indiana city of Jeffersonville, after the company reported a plunge in profit. Michael Ryan, the company’s senior vice president of sales and marketing, will replace Mark Holden on March 1, the parent of Jeffboat said […]