Finish Line brass buoyant as key retail season arrives
The company clearly is on a nice run, with seven straight quarters of increasing same-store sales and increasing earnings per share.
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Palladium sells well, ups ante for its competitors
About 40 percent of the tickets sold during the Palladium’s first half-season went to subscribers, prompting managers to expand the series offerings for the full season that begins later this month.
UPDATE: Dow drops 513 in worst day since ’08
A broad sell-off sent major stock indexes down more than 4 percent for the day.
New CEO says local tourism leaders ignoring Speedway
Indianapolis Convention and Visitors Association CEO Leonard Hoops thinks it's high time local tourism leaders start thinking about using the Indianapolis Motor Speedway prominently in marketing materials.
Gen Con convention betting on attendance surge
Organizers of the four-day gaming conference think this year’s event will draw 35,000 visitors to Indianapolis, thanks in large part to a bigger convention center.
Truck driver leads police on long chase
An Asphalt Solutions employee was taken into custody Wednesday after leading Indianapolis police on an hour-long chase in a work truck. According to police, 31-year-old James Maxwell stole the truck from work and led more than a dozen officers on a slow chase that started downtown and proceeded through the west and northwest sides of the city. He surrendered at 6:55 p.m. at Harding and New York streets without a fight. Police said Maxwell's boss let him use the truck so he could get a chauffeur driver’s license, but Maxwell refused to give back the vehicle. Maxwell, who has an outstanding parole-violation warrant, faces charges of auto theft, criminal recklessness and fleeing arrest.
Police search for Muncie woman
Muncie police are searching for a woman who disappeared after leaving work Monday morning. Kimberly Nelson, 40, was last seen at about 6:30 a.m. leaving the Youth Opportunity Center in a tan four-door Pontiac Sunfire. The vehicle was found abandoned in McCulloch Park near the White River. Police and fire crews began searching the river Thursday morning. Nelson left her two children, ages 1 and 13, at home with her boyfriend when she went to work. Police say her credit cards haven’t been used and she doesn’t have a cell phone.
Indiana schools chief suggests grades for districts
Indiana's public education chief wants to start giving school districts letter grades on an A-to-F scale to hold them accountable for how their schools perform.
HHGregg shares plunge after rare quarterly loss
Shares of electronics and appliance retailer HHGregg Inc. slumped more than 18 percent Thursday morning, to a two-year low, after the chain reported its first quarterly loss in four years.
Frontier, flight attendants reach tentative deal
Frontier Airlines and the union representing its nearly 1,000 flight attendants have reached a tentative agreement to trim labor costs.
U.S. unemployment applications slip slightly
The number of people seeking unemployment benefits dipped last week but has been at or above 400,000 for 17 straight weeks.
City cracking down on noncompliant tax breaks
The city of Indianapolis is seeking to overturn property tax breaks for more than 20 companies that continued to apply for abatement even though they were unable to meet job commitments.
Retailer HHGregg suffers rare quarterly loss
The appliance and electronics retailer on Thursday reported a loss of $800,000, or 2 cents per share, in its fiscal first quarter ended June 30—just its second quarterly loss since going public in 2007.
Medical implant maker plans move from northern Indiana
Rochester Medical Implants plans to move operations from Rochester to Noblesville in October. The company has 28 employees.
Mother Nature again slams insurer Baldwin & Lyons
Catastrophic tornadoes in Alabama and Missouri took their toll on second quarter results for Indianapolis-based insurer Baldwin & Lyons Inc.
Skillman to lead trade mission to Japan
The lieutenant governor's delegation will will leave in September and focus on job creation.
Aetna latest out of Indiana individual health market
The nation's third-largest health insurance company is the latest to leave the individual policy market in Indiana in another sign of diminishing competition.
Indianapolis-based banks struggle to emerge from slump
Indiana regional banks and national institutions are faring better, a possible indication that Indianapolis’ economy isn’t recovering as quickly as expected.
ROOB: Illinois businesses come for sanity, not incentives
Our recent billboard campaign—Illinnoyed—in and near Chicago was a little tongue-in-cheek, but it got our point across.