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The Midwestern economy continued a pattern of slow growth in December and early January, the Federal Reserve Bank said today in its Beige Book report. Businesses made few changes to their spending plans and consumer spending was mixed, the report said. Home construction continued to decline and nonresidential construction began to slow. A modest expansion […]
New York-based Crown Properties Inc. has bought out its joint-venture partner on downtown’s First Indiana Plaza. The partner, an affiliate of Connecticut-based Greenfield Partners LLC, said today that it has sold its ownership interest in the 425,000-square-foot skyscraper at Ohio and Pennsylvania streets. Greenfield did not disclose a price. Crown has been trying to sell […]
The Wolf family has thrown in the towel on its Chevrolet dealership at 5350 N. Keystone Ave.
One of the owners, Andy Wolf, says the closing was forced because property tax increases shocked customers
into pulling back from spending. Another reason…
Consumer qualms about property taxes and a lingering bad rap about the quality of American cars has prompted the owners of Bud Wolf Chevrolet to close the doors. President Andy Wolf told the 50 employees of the decision Monday. The service operation closed immediately, and about 200 new and used vehicles remain to be sold. […]
Governor hopeful Jill Long Thompson told a group in Bloomington yesterday that she supports the Interstate 69 extension from Indianapolis to Evansville. The former congresswoman is running to become the Democratic nominee to face Indiana Gov. Mitch Daniels in the general election this fall. She said the extension is needed to link Evansville to Indianapolis, […]
A Michigan-based bakery and cafe concept plans to open as many as six new restaurants in Indianapolis, beginning with a location at U.S. 31 and Stop 11 Road. Grand Traverse…
Milwaukee-based M&I Bank didn’t waste any time erasing the First Indiana name from the 31-story tower where…
Itâ??s been a tough couple of years in Bloomington for Roberts Distributors, the well-known Indianapolis supply
house for cameras and other photography equipment. So tough that the Bloomington store is closing.
Bruce Pallman, the second generation running Roberts, said the location…
Welcome to The Score, Indianapolis Business Journal’s sports business blog. Your host is Anthony Schoettle,
IBJ’s sports business reporter. Schoettle grew up in Indianapolis, graduating from Southport High School and
Indiana University. He then departed on a tour of middle…
Gov. Mitch Daniels revealed little detail when he told a real estate gathering last week that a major economic development announcement was imminent. But hints of the upcoming announcement are buried in a log of projects kept by the Indiana Economic Development Corp. The log includes a project with 1,134 jobs and a $15 million […]
The unrelenting growth of Internet sales has prompted Indianapolis-based Roberts Distributors LP to shutter its Bloomington store. General Partner Bruce Pallman said the store, located on Kirkwood Avenue near the Indiana University campus, will close Feb. 29 after 12 years in business. It had bled more than $100,000 a year for three years in a […]
Yes, it’s the big day. The unauthorized Tom Cruise biography is out.
Guess who won’t be reading it?
For one, a few clicks will get you all the couch-jumping, the Scientology, the wild rumors, and the rest that you could possibly want….
Locally based Fusion Alliance said today it plans to spend more than $2 million to expand its headquarters and add at least 110 jobs by 2010. Fusion Alliance employs 190 in Indianapolis and 30 in Cincinnati. It expects to begin hiring consultants, application developers, Web designers, business analysts and project managers this year, with most of […]
Indiana Finance Co. plans to move its Chesterfield headquarters to Daleville and double its employee roster to 90, according to The Star Press of Muncie. The site of the expansion, in Heartland Business Center, is where IBM launched a 200-employee call center this fall. The former outlet mall on Interstate 69 also attracted Jarden Home […]
The Indianapolis restaurateur who owns D’Vine Wine Bar and The Melting Pot has closed his two remaining Damon’s Grill locations, at Southport Road and I-65, and along State Road 37 in Martinsville. Bennet…
Yesterdayâ??s frustrating loss by the Indianapolis Colts to San Diego was hard to take for fans whoâ??d pulled
for the team through an otherwise remarkable season.
Now Tony Dungy might finally follow through on years of ruminations about putting a bookend…
A day after losing to San Diego in the National Football League playoffs, the Indianapolis Colts scored a victory off the field. The Colts announced another sponsorship deal for Lucas Oil Stadium – this time with retail chain Meijer. Grand Rapids, Mich.-based Meijer has signed as a founding partner for the new stadium, set to […]
One of the most pleasant hours of my weekend was spent chatting with staff and customers at Big Hat Books, the Broad Ripple independent that gave the city a low-key cultural infusion when it opened a few years ago….
Shares of The Steak n Shake Co. have tumbled 20 percent over the last two trading days – driven down, in part, by the company’s announcement late Friday afternoon that sales remained weak. The stock trended down throughout the day Friday and shed another $1.30 a share this morning, leaving it at $8.18. It now […]
