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Well-known local banking executive Mike Alley has been named interim chairman and CEO of Evansville-based Integra Bank, the company announced today. Alley, who retired from banking in 2002 after 13 years as president and CEO of Fifth Third Indiana, will lead the troubled Evansville bank until a permanent replacement is found. A search firm has […]
The struggling stock market took its toll on Lilly Endowment in 2008, dropping the value of its assets by 26 percent, from $7.7 billion to $5.7 billion, it announced today. The Indianapolis-based endowment’s value hit its lowest level in more than 10 years. The most recent peak was $15.5 billion in 2000. The drop means […]
Evansville-based Mead Johnson Nutrition Co. will receive $2.7 million in incentives from Illinois when it moves its headquarters to the Chicago suburbs later this month, the Chicago Tribune reported yesterday.The company, which has been based in Evansville since 1915, plans to move about 50 executives, including finance, legal and marketing managers, to Glenview, Ill., in […]
Crews are breaking ground today on Lawrence Village at the Fort. It’s part of a $9 million project that marks the final phase of the decade-long redevelopment of Fort Benjamin Harrison. Plans call for new streets, parks, bike paths and rain gardens on the 90-acre site. Village at the Fort will include shops, offices and […]
Indiana police have been investigating an increasing number of violent videos posted online by teenagers. In March, a 45-second video showing a brawl inside Danville Community High School appeared on YouTube. Scenes like it are becoming more common on the Internet as teenagers use cell-phone cameras to record fights. Fox 59 will have more at […]
ORDINANCE NO Susan Wampler 11.9999 Normal 0 false false false MicrosoftInternetExplorer4 Evansville-based Mead Johnson Nutrition Co. will receive $2.7 million in incentives from Illinois when it moves its headquarters to the Chicago suburbs later this month, the Chicago Tribune reported yesterday. The company, which has been based in Evansville since 1915, plans to move about […]
A prediction by a military historian in a recent issue of Foreign Policy has something for everyone, including
people interested in companies right here in Indiana.
Writing in a special section about the future, Martin van Creveld notes that…
Indiana University basketball coach Tom Crean—and his connection to the Harbaugh family—will be the focus of a documentary produced by NFL Films.
An NFL Films crew visited Bloomington last week to film Crean with…
Here’s more from the looking-ahead file:
–Indianapolis Opera, which has its “Das Rheingold” collaboration with the ISO coming up on the 15th, has just anounced its 2009/2010 season.
It kicks off October 2 with Indianapolis native Angela Brown in her first…
It’s not just residential home sellers facing increasingly brazen buyers these days. As the economy recedes, commercial brokers say a growing number of office, industrial and retail tenants are requesting steep rent reductions to cope with losses. “They’re in trouble and you feel for them,” said Danny Marr, a partner and principle broker with Veritas […]
The Franklin City Council voted 6-1 last night to make the city’s smoking ban one of the most restrictive in Indiana. Franklin, located south of Indianapolis in Johnson County, previously passed a workplace smoking ban in 2006, but excluded some areas, including 21-and-over bars and private clubs. The new ordinance, set to take effect in […]
Hill-Rom Holdings Inc. topped analysts’ lowered profit expectations in its second quarter even as hospital-spending cuts shrank its revenue by 10 percent, the company announced late yesterday. The Batesville-based maker of hospital equipment reported profit of $16.6 million, or 27 cents per share, in the quarter ended March 31. Those numbers excluded a bevy of […]
Regional airline operator Republic Airways Holdings Inc. said yesterday its first quarter profit fell by 89 percent as costs rose and traffic fell slightly. Indianapolis-based Republic, which flies regional jets for carriers including Delta Air Lines, United Airlines, and US Airways, said it earned $2.2 million, or 6 cents per share, during the quarter that […]
Indiana Gov. Mitch Daniels wants a new state revenue forecast before he calls lawmakers back for a special session to write a budget, saying that a revised forecast issued last month was so far off in April that a new starting point is in order. That and other comments he made yesterday drew mixed reactions […]
Normal 0 false false false MicrosoftInternetExplorer4 Brightening news about the economy sent investors rushing into stocks today and sent the Standard & Poor’s 500 index above the break-even point for the year. The S&P 500 soared 29.7 points to 907.23, an increase of 3.4 percent during the day and 0.44 percent for the year. The […]
The Indianapolis Indians continue to score sponsorship deals during a down economy. Late last week, the Indians signed a deal with Arby’s and WJJK-FM 104.5 to present 2-for-1 Tuesdays, a special discount-ticket promotion…
Indy Partnership has been named one of the top 10 economic development groups in the nation by Site Selection magazine. Ron Gifford, CEO of the local not-for-profit, was scheduled to accept the award this afternoon in Asheville, N.C., at the national meeting of the Industrial Asset Management Council. Site Selection, a leading national economic development […]
More than 1,000 Indianapolis children have a week-long reprieve from school amid concerns of a potential flu outbreak. Spring Mill Elementary and IPS School 60 will remain closed for the next week. On Friday, health officials announced that one student at each school had tested positive for H1N1 Influenza A, better known as swine flu. […]
The Franklin City Council is set to vote on a proposal that would ban smoking in bars and private clubs. The council also will take public comments during a hearing at city hall at 6:30 p.m. Franklin is just one of the many Indiana communities that has discussed a potential ban or passed one. Fox […]
