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Motorsports leaders plan new convention

December 4, 2008

Three key promoters of the Indiana motorsports industry have formed a company to launch a new trade show in Indianapolis next year. The threesome – Indiana Motorsports Association Executive Director Tom Weisenbach, local auto and truck dealer Jeff Stoops and C&R Racing Inc. owner Chris Paulson – hope the new show will fill part of […]

Star slashes 20 newsroom positions

December 4, 2008

Indianapolis Star Publisher Michael Kane told staffers yesterday the equivalent of 52 full-time staffers are being laid off to shore up the company’s bottom line. Twenty full-time positions in the newspaper’s editorial department were terminated, including Susan Guyett, who pens the Talk of our Town column; cultural writers Whitney Smith and Chris Lloyd; and Abe […]

Dark day for Indy arts media

December 4, 2008

It’s a sad day for Indianapolis media and for the arts as massive layoffs gut the Indianapolis Star.

Whitney Smith: gone.

Chris Lloyd: gone.

Susan Guyett: gone.

Abe Aamidor: gone. 

My thoughts and best wishes go out to these and other talented former Star writers, editors…

Danica tops Tiger, Manning

December 4, 2008

Indy Racing League driver Danica Patrick topped golfer Tiger Woods, quarterback Tom Brady and Super Bowl champion Eli Manning and his brother Peyton as the most searched for athlete in 2008, according to America Online’s…

Medical device think tank moving to Indianapolis

December 4, 2008

Medical Technology Leadership Forum, a not-for-profit think tank focused on medical devices, is relocating to Indianapolis from its home in Minneapolis, the organization announced today. The forum will be headquartered at the Indiana University Research and Technology Corp. campus on the downtown canal, and will hold one of its three annual conferences in Indianapolis on […]

BREAKING: Locke Reynolds OKs merger

December 4, 2008

Partners of the Indianapolis law firm of Locke Reynolds LLP late yesterday approved a merger with Frost Brown Todd LLC, a larger firm based in Louisville. The deal will be effective Jan. 5, said Locke Reynolds partner Jim Dimos, emphasizing the merger will allow the firm to better serve its clients. “We identified 10 regional […]

Texas firm boosts stake in Emmis, wants talks

December 3, 2008

Luther King Capital Management Corp., a Fort Worth, Texas, money manager, has nearly doubled its stake in Indianapolis-based Emmis Communications Corp., a Securities and Exchange Commission filing says. The firm increased its number of shares to nearly 2 million, or about 6.2 percent of the total available. Luther King Capital also wants to discuss the […]

The plethora of car dealers

December 3, 2008

Open a local phone book or punch in a Google search on car dealers, and itâ??s immediately apparent Detroit
companies have many, many more dealers than their foreign competitors.

Chevrolet and Ford, for instance, each have more than a dozen dealers…

Ethanol debate still burning hot

December 3, 2008

Debate over the Indy Racing League’s decision to partner with a Brazilian ethanol provider is still burning white hot. The one thing the IRL might have overlooked is that the in-fighting in the…

Predictions for 2009?

December 3, 2008

It has been a rough year for most in the real estate business. Home sales dropped precipitously, financing dried up and major projects hit the brakes. Will the carnage continue in 2009? Share your predictions. Blog host Cory Schouten is…

Indiana slips in health ranking

December 3, 2008

Indiana fell two rungs in an annual ranking of the health of state populations. The Hoosier state came in 34th in a report released today by UnitedHealth Foundation, the American Public Health Association, and the Partnership for Prevention. Indiana struggles for well-known reasons. Its smoking rate is sixth-highest, at 24.1 percent. Air pollution and preventable […]

Repair shop wants to buy vacant GM building

December 3, 2008

A building abandoned by General Motors Corp. as it moved its once-extensive operations out of Anderson might be bought by an Anderson company that serves medical and aerospace companies. Hy-Tech Machining Systems LLC has agreed to buy the 240,000-square-foot Plant 18 for $425,000 – half the original asking price of $850,000, according to The Herald […]

“Slumdog”: Your thoughts

December 3, 2008

We had a great crowd at the IBJ Night at the Movies screening of “Slumdog Millionaire.”

If you were there, let us know what you thought of the film.

SourceNet shutters East Chicago office

December 2, 2008

SourceNet Inc., an Indianapolis-based temporary worker firm, has closed its East Chicago location, according to the Indiana Department of Workforce Development. Forty-eight workers are affected. The company, which serves large industrial and manufacturing clients, was not immediately available for comment.

UPDATE: Ice Miller merger follows national trend

December 2, 2008

Ice Miller may be the biggest law firm in Indianapolis, but it’s only a medium-sized player in the national landscape. That likely prompted Ice Miller and the smaller, Louisville-based firm of Greenebaum Doll & McDonald PLLC to merge in order to stay relevant. “You need to provide legal services in more than one jurisdiction to […]

Legal news keeps coming

December 2, 2008

Law firm mergers keep making news. IBJ Scott Olson reported this morning that Ice Miller is about to join
with Greenebaum Doll & McDonald in Louisville. In May, Sommer Barnard was absorbed by Taft Stettinius
&…

Gun-toting athletes grab headlines

December 2, 2008

I am torn today. I know a story about gun-toting athletes will get readers’ attention. And with New York Giants wide receiver Plaxico Burress’ recent problems, it’s timely.

Yesterday I was only slightly surprised…

BREAKING: Ice Miller set to merge

December 2, 2008

The city’s largest law firm, Ice Miller LLP, plans to merge with Louisville-based Greenebaum Doll & McDonald PLLC on Jan. 1, several sources in the legal community said. Spokeswomen for both firms said they could not immediately comment. Sources familiar with the discussions asked that their identities not be revealed. It is unclear which firm […]

Angie’s List raises $7 million

December 2, 2008

Fast-growing locally-based consumer service appraiser Angie’s List this morning announced it has raised $7 million from Chicago-based Prism Mezzanine Fund. The deal caps a year in which the company had previously raised $53 million from investors. Prism will invest $1 million in exchange for an equity stake in Angie’s List. It also will provide $6 […]

Indy in January: Back to the ’50s

December 2, 2008

Break out the poodle skirts and leather jackets. Mid-January, 2009, is being taken over by the 1950s. At least, in Central Indiana it is.

Nobody planned it this way. It’s not a part of some cross-promotion. It just seems to be…

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