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Authorities are considering pursuing criminal charges against Christopher P. White and other executives at Premier Properties
USA Inc. in connection with deepening troubles at the local development firm, sources familiar with the matter told IBJ.
As corporations continue to dig out from the worst recession in decades, tuition-reimbursement programs are a common
casualty. A survey estimates that 63 percent of companies will
offer undergraduate educational assistance this year compared to 67 percent in 2005.
Premier Properties USA Inc. has eliminated about half its headquarters staff—more than 40 employees—as banks seize
several of its properties and CEO Christopher P. White faces a barrage of new lawsuits alleging unpaid bills, defaulted loans,
illegally redirected rent payments and check fraud.
Faced with the potential for another bout with stagflation, investment managers are scrambling to decide how to face a future when markets may again be thrown into turmoil by the two-headed monster of frisky price increases and crummy economic conditions.
In the 1970s, stagflation—the unprecedented combination of stagnant economic growth and inflation—threatened to ruin financial institutions. Now some fear it might make a return.
Wachovia Bank has begun foreclosure proceedings on one of Premier Properties USA Inc.’s most prized developments,
a giant Ohio lifestyle center anchored by Target and J.C. Penney.
Companies are using Facebook as an alternative way of reaching a vast audience, not as a replacement for their own Web sites.
Indy’s month of March, 2010, will produce a basketball madness few cities can duplicate.
Few of us fare well on our own accord. So when as the last time you surprised someone with gratitude?
Indy’s closest casino has revamped its dining offerings. We take a taste.
Premier Properties USA Inc. is scrambling to keep up with bills for basic services including snow removal,
security and interior design—more signs of financial troubles for the developer of Metropolis in
Plainfield and the proposed Venu project in Indianapolis.
Thoughts on Rhythm! Discovery Center and Bands of America.
An IBJ review of hundreds of pages of public records shows Christopher P. White and his Premier
Properties USA Inc. are facing major financial and legal challenges. The most glaring signs of trouble: Contractors have filed
more than $3.5 million in liens against Premier’s retail properties in Plainfield; the state of Indiana is trying to
recover $375,000 in sales taxes on White’s airplane; and the contractor who renovated his Lake Clearwater mansion
is suing him to recover more than $600,000 in unpaid bills.
Heritage Place of Indianapolis Inc. provides older adults with comprehensive and coordinated human services to encourage
and promote healthy lifestyles, independence, well-being and quality of life.
Fortune magazine ranked the drug company among the best in the world for managing talent.
An Indiana State Police probe of the Henry County Community Corrections program has resulted in charges of ghost employment
and official misconduct against the program’s director and two New Castle police officers who worked for it. The three surrendered
Wednesday and were released on bond. According to court documents, director Matt Sheets and officers Matthew Peterson and
Jim Heffernan played golf, visited friends and exercised at a New Castle gym while on duty.
Investigators are trying to figure out what caused a Bloomington office building to burn Wednesday night. Firefighters called
it a total loss. The 30,000-square-foot Eastplex building near College Mall housed several businesses. No injuries were reported.
Hundreds of people were lined up at 7 a.m. Thursday ahead of Sarah Palinâ??s appearance at the Borders Books and Music store
in Noblesville. The former Alaska governor is due to arrive at 6 p.m. at Hamilton Town Center as part of her â??Going Rogueâ??
book tour. The 1,000 wrist bands that entitle fans to buy two copies of the book and have it signed were all handed out. About
700 people were in line at 7:30 a.m. at a Meijer store in Fort Wayne for Palinâ??s noon appearance. Fox 59 will have more
at 4 p.m.
Well placed sources inside the local tennis community claimed this week that IUPUI plans to demolish the Indianapolis Tennis
Center next spring to make room for an NCAA headquarters expansion.
Hungarian officials took off the air Wednesday a national radio station operated by Emmis Communications Inc. and awarded
the license to one of the country’s political parties.
