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Truck driver dies in I-65 crash

May 11, 2012

A man driving a box truck died Thursday night in a collision with a semi-trailer on Interstate 65 near the Marion-Hendricks county line. The truck caught fire after the 10:45 p.m. collision. The semi driver was identified as Robert Labazevych, 50, of Chicago. He was taken to Wishard Hospital in critical but stable condition. Southbound lanes of the interstate were closed until Friday morning.

Man loses home, pet in morning fire

May 11, 2012

An Indianapolis man lost his west-side home and a pet in a fire Friday morning. Firefighters were called to the fire in the 1000 block of West McCarty Street at about 5:15 a.m. Homeowner Anthony Ryan told firefighters he was asleep and awoke to the smell of smoke. When he went downstairs, he found the front of the home engulfed in flames. He escaped without injury, but his cat, Growler, died. Fire officials estimated the damage at $150,000.

Purdue seeks new revenue with online-education initiative

May 11, 2012

Purdue HUB-U, which will be funded with $2 million over its first four years, is similar to an initiative announced May 2 by Harvard University and Massachusetts Institute of Technology.

For-profit university eyes College Park office space

May 11, 2012

South Dakota-based National American University wants to turn 35,000 square feet on the second floor of a building in the College Park office complex into its latest campus.

Local automotive supplier in line for new city incentive

May 11, 2012

A shorter-than-usual abatement plan during which no property taxes are paid for three years is expected to help Van’s Electrical Systems invest $427,000 to purchase and rehab a vacant building on the city’s west side.

Indianapolis margarine plant planning $44 million upgrade

May 11, 2012

ConAgra Packaged Foods LLC is seeking city tax incentives as part of a $44 million plan to upgrade its plant on the northwest side of Indianapolis and retain 392 workers.

Alabama firm that irked suppliers promises to add 350 jobs

May 11, 2012

Advanced Metal Technologies of Indiana Inc., an auto and industrial parts maker owned by the Alabama-based Whitesell Group, said it will locate its operations in Jeffersonville and add 350 jobs by 2015.

Records – May 14, 2012

May 11, 2012

Records listings from the May 14, 2012, issue of IBJ.

U.S. Sen. Richard Lugar: No regrets

ExactTarget sees bigger loss in first quarter

May 10, 2012

ExactTarget Inc. posted a $4.7 million net loss in the first quarter, its first as public company, the Indianapolis-based software firm announced Thursday after financial markets closed.

Airport faces fiscal headwinds

May 10, 2012

The Indianapolis Airport Authority recorded a $31.3 million operating loss in 2011, a result that new board President Michael Wells believes underscores the need to find new sources of revenue.

Following turnaround, charter school shoots for 4 more sites

May 10, 2012

After a near-death experience, the KIPP Indianapolis College Preparatory School is back on its feet and looking to spawn a mini-district of charter schools. KIPP-Indy leaders have drawn up plans to launch four additional schools from 2014 to 2020.

Digital textbook firm Courseload raises millions

May 10, 2012

The Indianapolis-based digital textbook company Courseload completed a new round of fundraising in April that its CEO says gives the company the cash it needs to keep landing new university customers in what has become a fast-growing but hyper-competitive field.

Canal will develop in time

May 10, 2012

Whoever put together the business model for the canal [April 30 IBJ] that would suggest an almost immediate positive cash flow for small businesses simply was uninformed or had no clue.

Single-class basketball produced true glory

May 10, 2012

Bill Benner’s [April 30] column on our multi-class basketball tournament versus returning to a single-class tournament was right on point.

Health care improves through competition

May 10, 2012

An article in the April 16 issue takes the position that increasing health care capacity increases health care costs.

Republic, Bedford fall out of favor in Milwaukee

May 10, 2012

Indianapolis-based airline holding company and its leader stir passions in city hit hard by Frontier cutbacks.

Carmel event firm sold, relocated to Castleton

May 10, 2012

EventzPlus, besides hosting large gatherings, will also offer daily office space rentals to small business owners.

KIM: Should investors ‘friend’ Facebook’s massive IPO?

May 10, 2012

At the top end of the predicted range of $28 to $35 per share, Facebook would raise up to $13.6 billion and sport a market value just shy of $100 billion.

DINING: (Syr)up-and-coming breakfast chain targets expansion

May 10, 2012

Second in a month-long series of Keystone Crossing/Clearwater Crossing-area restaurant reviews. This week: First Watch.

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Indianapolis Democrats weather first big test before mayor’s race

Taylor Wooten

Byrider back in gear after pandemic era struggles

Susan Orr

Q&A: Toyota Automated Logistics VP of people talks HQ move and new company

Joey Harris
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