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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 […]
Demand for registered nurses is remarkably strong across Indiana, a state ranking shows. The occupation is classified as hottest of the “hot” jobs tracked by the Indiana Department of Workforce Development. Projected demand for registered nurses ranks at the top in seven of 11 regions of the state, the department says. In the other four […]
What did you see, read or experience this weekend?
Did you join the crowd at “End Days” at the Phoenix? Hear Marvin Hamlisch with the Indianapolis Symphony Orchestra? Contemplate the totems at the Eiteljorg? Catch the opening of “Say You Love…
Legislation has been introduced in the Indiana House that would look at the nearly 120 corporate tax breaks now in Indiana code to see if the incentives are improving the economy, reports The News-Dispatch of Michigan City. State Rep. Scott Pelath, D-Michigan City, who introduced House Bill 1242, believes tax breaks that haven’t created jobs […]
On the presidential campaign trail these past few weeks, the dominant exit-polling insight seems to be that Americans are hungry for change. Voters have told interviewers they’re weary of the direction we’re headed, tired of the politics of the past and eager to forego the status quo. And so the presidential candidates, Republican and Democrat alike, have jumped on the change bandwagon, ridden it from Iowa to New Hampshire, and tried to explain why they’ve been, are, or could be…
Greg Sipes likens the new executiveservices suite he and his partners opened three months ago to a BMW. Its quality is solid, to be sure, but what makes people want to drive it is its look and feel. It’s an apt comparison for the 2,500-square-foot wing of the new offices of Sipes’ behavioral health practice, Indiana Health Group. A set of boardroom-like double doors leads to a waiting room with shiny hardwood floors, dark wood paneling, plush rugs, overstuffed chairs…
Almost two years after opening, the Conrad Indianapolis hasn’t received a Mobil Travel Guide review, and its four-diamond
AAA ranking puts it on par with five other Indianapolis hotels–most of which target conventioneers and business travelers.
A high-flying Carmel businessman who moved his base of operations to Miami a couple of years ago is accused of burning through
$160 million of investors’ money in the collapse of his real estate empire.
Blessed be our friends at the U.S. Postal Service. They do a great job of collecting and distributing the mail. They face strong competition from private carriers and from the Internet, but they continue to serve the public well. Then, too, USPS always looks for new ways to honor America and Americans through the issuance of new stamps. If a particular series catches on, they can make a pretty penny by selling stamps that are never used. That’s why USPS…
Nineteen central Indiana companies have seen their stock prices fall more than one-quarter from the 52-week highs-a plunge that largely reflects pessimism over the strength of the economy. The pullback has hammered some of the top-performing Hoosier companies in recent years, including shopping mall owner Simon Property Group Inc. (off $46 a share, or 38 percent) and school operator ITT Educational Services Inc. (off $52, or 39 percent). Former highfliers often take the biggest tumble when investor sentiment turns bearish….
The Nature Conservancy has agreed to buy a blighted industrial property on the eastern edge of downtown to develop a new Indiana
headquarters. The $4.5 million project–which will revitalize or replace the former home of Nemec Heating & Supply Co. at
614 E. Ohio St.–should provide another boost to an area that has been bulking up on development, mainly residential.
