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13957 results for 'articles'

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Purdue’s Cordova to focus on communication, other goals

July 19, 2007

France Cordova, who took over as Purdue University’s new president this week, said she plans to stress communication while trying to boost faculty salaries, research funding and student financial aid. In some of her first public remarks about her goals, Cordova said she will assemble committees to fix problems on campus, the Journal & Courier […]

Blog: New owners taking over Canterbury

July 18, 2007

Whirlpool to move warehouse functions to Plainfield

July 18, 2007

Whirlpool Corp. is closing a 150-worker warehouse in Milan, Tenn., and moving the operations to an existing Maytag Corp. warehouse in Plainfield, according to The Jackson Sun of nearby Jackson, Ala. Whirlpool, which has 400 workers at the Plainfield site, told Milan Mayor George Killebrew that a larger pool of available workers in the Plainfield […]

New owners taking over Canterbury?

July 18, 2007

Downtown’s historic Canterbury Hotel apparently has been sold. An announcement of the deal for the 12-story hotel at 123 S. Illinois St. is scheduled for Monday. At a gathering of Wholesale District…

Allison tapped to help pay for its acquisition

July 18, 2007

Allison Transmission has sold $1.1 billion of unsecured notes to help pay for Carlyle Group and Onex Corp.’s acquisition of the transmission maker from General Motors Corp., according to Bloomberg. General Motors said June 28 that it would sell Indianapolis-based Allison for $5.6 billion to Carlyle, based in Washington, D.C., and Onex, of Toronto. Allison […]

Daniels orders reassessment, launches commission

July 18, 2007

Gov. Mitch Daniels today ordered that all residential and commercial property in Marion County be reassessed. Daniels said tax bills will be frozen at 2006 levels, and that a big part of the county’s property tax calamity appeared to be that business assessments were not done or were performed inaccurately. Marion County property taxes increased […]

Fed chief predicts slowing inflation, stronger growth

July 18, 2007

The economy will improve slightly in 2008 and inflation will edge down slightly, Federal Reserve Bank Chairman Alan Bernanke told Congress this morning. Growth will rise 2.25 percent to 2.5 percent this year, according to a forecast issued today by fed governors and presidents of district banks. Next year, the economy will expand 2.5 percent […]

Another local retailer closing

July 18, 2007

Karstadt Reed Cleaners, an institution on North Illinois Street since 1898, will close later this month. Steve Stevenson, the owner for 45 years, says business has been “pretty bad.” The company is known…

DePauw grad promoted to Starbucks Coffee post

July 18, 2007

Jim Alling, a 1983 graduate of DePauw University in Greencastle, has been named president of Starbucks Coffee International, the Seattle company announced today. Alling takes over for Martin Coles, who was promoted to chief operating officer of the Starbucks parent company. Alling, who jumped to Starbucks from Nestle USA in 1997, most recently was president […]

Blog: Crown Hill, environmental groups hit impasse

July 18, 2007

Indy house prices unlikely to slide further, report says

July 18, 2007

Odds of house prices in the Indianapolis area dropping further in the next two years are low, according to a report by PMI Mortgage Insurance Co. The metro area has an 8.4 percent chance of seeing its average sale price decline by the middle of 2009, the Walnut Creek, Calif., company said. That’s optimistic compared […]

What next for Old City Hall?

July 17, 2007

The Department of Metropolitan Development is seeking two independent appraisals of Old City Hall, the historic building that has housed the State Museum and now houses the interim Central Library. In…

Impasse over Crown Hill

July 17, 2007

Four months have passed since neighborhood pressure helped defeat a second proposal to develop 70 acres at the north end of Crown Hill Cemetery. A partnership of environmental groups including Indy…

BKD pulls out as First Indiana auditor

July 17, 2007

First Indiana Corp. said today it would delay its second-quarter earnings release because BKD LLP has withdrawn as its auditor. The release had been scheduled on July 19. BKD was hired June 4 when First Indiana announced it had booted KPMG LLP as auditor. On July 9, Milwaukee-based Marshall & Ilsley Corp. said it would […]

McCordsville council rebuffs Target, retail center

July 17, 2007

A proposal by Indianapolis developer Paul Kite to build a retail center anchored by a Target in McCordsville has been rejected by the community’s town council because it’s in an area zoned residential. The 63-acre project would have been built at the southeast corner of county roads 1000 North and 600 West in Hancock County, […]

Dow Jones, Murdoch’s News Corp. reach deal

July 17, 2007

Dow Jones & Co., which publishes The Wall Street Journal, and News Corp. have agreed to sale terms, the newspaper reported late last night. Dow Jones’ board will meet this evening, although the newspaper said it is unclear how the Bancroft family, which owns 64 percent of Dow Jones’ voting power, will react. The price […]

Pacers bulk up PR with new contract

July 16, 2007

Two public relations and advertising firms have been hired by the troubled Indiana Pacers a month after the organization brought in Jim Morris as a special adviser. The local offices of Publicis and Optimedia, both owned by Paris-based Publicis Groupe SA, will provide advertising, strategic planning and communications services, the Pacers said today. The contract […]

Stephan returns to IU as economic development czar

July 16, 2007

Bill Stephan has been named vice president for engagement at Indiana University, where he wrote an economic development plan three years ago. The announcement was issued today by IU and Clarian Health Partners, where Stephan is senior vice president of community relations and corporate communications. Stephan will be responsible for leading economic development initiatives of […]

KIB getting new headquarters

July 16, 2007

Keep Indianapolis Beautiful is planning to renovate a vacant industrial building in Fountain Square to serve as its new headquarters. The not-for-profit will seek LEED certification for the 25,000-square-foot building…

Vector Insurance Services bought by Indian firm

July 16, 2007

Indianapolis-based Vector Insurance Services LLC has been acquired by MajescoMastek of Edison, N.J., for an undisclosed price. Vector, led by founder and CEO Harold Apple, has 30 employees providing policy acquisition, administration, and processing to customers in the North American life insurance industry. MajescoMastek is the U.S. subsidiary of Mastek, a technology giant headquartered in […]

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