INSIDE DISH: Italian eatery thrives despite early blunders
For Matteo and Emily Di Rosa, the sustained profitability of Matteo's
Ristorante Italiano is even sweeter in light of the errors of naivete made at the start.
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Hill-Rom raises profit forecast after quarterly earnings jump
The Batesville-based maker of hospital beds and furniture announced Wednesday night that it earned $30.6 million in its third quarter, up from $20.2 million in the same quarter of 2009.
First Internet Bank reports strong second quarter
Fewer loan losses and an increase in net-interest income help the bank post one of its biggest quarterly profits in company history.
Baldwin profit falls on smaller investment returns
The Indianapolis-based insurer of truck and car fleets earned $5 million in the quarter ended June 30, down from $14.2 million
in the same quarter a year ago.
Duke Realty’s loss widens despite higher revenue
Indianapolis-based real estate investment trust reports bigger quarterly loss, even though revenue, occupancy and tenant-retention
rates rise.
Investors fear insurers’ rosy outlook will boost regulators’ scrutiny
Indianapolis-based WellPoint Inc. became the third U.S. health insurer this month to increase its 2010 profit forecast, stirring
investor concern that state and federal regulators may increase scrutiny of industry pricing.
Brown County getting state’s largest nature preserve
A state panel has set aside a 3,300-acre tract of Brown County State Park for the largest nature preserve owned by the state.
Kokomo GM plant ‘assessing’ business operations
GM spokesman Kevin Nadrowski says officials at the Kokomo Integrated Circuit Fab plant met with 375 workers Wednesday to
say they're "assessing the business model at the plant based on recent business developments."
Hotel operator says Indy hospitality growth spotty
Convention center is sparking optimism, Schahet says, but overall market is still soft.
Quick hits: Indianapolis and Kansas City are close match in tourism
Indianapolis and Kansas City, a metro area with feet in both Missouri and Kansas, are not only similar demographically, but
the cities' convention and tourism trades have some measures in common, like number of annual visitors.
Bed-and-breakfasts complain of inferior ICVA support
Local B&B operators squeezed by the economy, including Gary Hofmeister, claim they could be doing better if they got some
support from the
Indianapolis Convention and Visitors Association.
Declining attendance forcing Speedway to make changes
Three days after witnessing the smallest Brickyard 400 crowd in the race's 17-year history, Indianapolis Motor Speedway
CEO Jeff Belskus said he intends to cut ticket prices for about 75 percent of fans at next year's race.
Frankfort manufacturer to build plant in Tennessee
NHK Seating of America’s plant in Murfreesboro is expected to employ up to 224 workers when all phases of production are operating
in 2015.
No one injured in plant explosion
Workers escaped injury Tuesday night in an explosion at an east-side Indianapolis chemical-distribution plant. Firefighters
were called to the Univar USA building near East 30th Street and Interstate 465 about 9:30 p.m. When they arrived, plant workers
told them a 6,000-gallon tank they were filling with caustic soda exploded. The product remained in the tank, but a sprinkler
pipe was broken during the explosion. Hazardous materials crews also were called.
IPS home-seizure plan advances
Neighbors who live near Linwood Avenue and East New York Street are upset over a decision by the Indianapolis Public Schools
Board to move ahead with plans to condemn seven houses near School 58. IPS said it might want to tear down the homes to make
room for building improvements and a parking lot at Ralph Waldo Emerson Elementary School. Tuesday night’s vote gave
the district the green light to use eminent domain. IPS Superintendent Eugene White said the current bus-loading system at
the school is dangerous.