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Ritter’s owners hope burgers will help fuel turnaround
Hoping to capitalize on the enduring appeal of Ritter’s Frozen Custard, the chain’s New York owners are launching another attempt to right-size the franchises with a new Indianapolis store, a revamped marketing plan, and burgers and fries.
Durham lawyer wants lifestyle out of trial
Tim Durham’s attorney is hellbent on preventing prosecutors from fixating on the things that made the Indianapolis financier a staple of TV news and gossip columns—his fancy cars, waterfront mansion and other trappings of a lavish lifestyle. Durham’s trial is set to begin on Friday.
BENNER: Indy 500 still a passion play for the paying customer
For this Indy guy, there is nothing that says Indy—or Indiana—like the Indy 500.
ALTOM: Backups are important—just ask the folks at Pixar
Do you know where your backups are, right now? Most of us don’t, or if we do, we don’t know what shape they’re in.
ChaCha joins list of elite startups
Red Herring magazine’s annual list of top tech startups previously included the likes of Facebook, Google and Yahoo.
Fishers landlord files bankruptcy
Lantern Partners LLC, the company that owns a Fishers office building formerly occupied by the failed Irwin Mortgage Corp., is seeking to reorganize under chapter 11 bankruptcy protection. The firm listed debts and assets of $10 million to $50 million in federal court documents filed on May 25. Its largest creditor, GE Commercial Finance Business […]
Bioanalytical exec promises ‘never again’ after big losses
Bioanalytical Systems Inc.’s new chief financial officer recently received praise from one of the company’s institutional investors for laying out an aggressive cost-cutting plan—but not before the rest of the firm’s leaders got a tongue-lashing for past performance. “We’re glad to see somebody aggressively attacking the cost basis, because the costs have been out of […]
Murphy USA opens quick-charging stations for electric cars
Speed is thought to be an obstacle to the widespread adoption of plug-in vehicles.
Investment gains push Lilly Endowment’s worth to $6.2B
Lilly Endowment earned $884.6 million on its Eli Lilly and Co. stock in 2011, bringing the total worth of the grant-making powerhouse to $6.2 billion.
State’s advanced battery initiative charging ahead
Following setbacks, industry leaders prepare to launch innovation center downstate
Taxing career path ultimately appeals to entrepreneur
Accounting, church jobs lead to software firm that helps tax accountants manage property tax disputes.
SKARBECK: Facebook flop casts doubt on remarkable valuations
After a year of escalating hype, Facebook’s May 18 initial public offering failed to come anywhere near Wall Street’s glorified expectations.
HICKS: UL model could fix financial regulation morass
We need a compromise that preserves innovation and mitigates the tendency for the sort of moral hazard that fueled the last recession.
PNC economists think local recovery will take hold
Second-quarter forecast for Indianapolis is positive in spite of Lilly, small business concerns.
Former MTV anchor’s photos on display at Indianapolis Museum of Contemporary Art
IMOCA has history of building exhibits around pop-culture figures.
Judge hears fight to sex offenders’ Facebook ban
A federal judge said Thursday she plans to rule within a month on the constitutionality of an Indiana law that bans registered sex offenders from using social networking websites where they could prey on children.
Police beefing up canal security
Indianapolis police announced Wednesday that they will move two downtown security cameras to the area on the Central Canal where a couple was attacked and beaten over Memorial Day weekend. Police are considering adding more patrols in the area after an 18-year-old woman and her 23-year-old male friend were badly beaten Saturday by a group of five to seven males in their late teens or early 20s.
State fair seeking 500 workers
The Indiana State Fair plans a job fair Thursday afternoon in order to fill hundreds of positions for the fair in August. More than 500 hourly positions are available. Officials said most of the jobs are temporary positions that cover the duration of the fair, which runs from Aug. 3 until Aug. 19. The job fair will take place at the Pioneer Our Land Pavilion at the fairgrounds from 3 p.m. to 7 p.m. Lines can begin forming at 2 p.m. Officials said applicants may wear informal attire.