Local developer seeks bankruptcy protection
Platinum Properties LLC, an Indianapolis upscale residential real estate developer, sought Chapter 11 protection on Monday, listing several huge debts to prominent local businesses and business people.
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Simon Property results improve as store rents climb
Simon Property Group Inc., the largest U.S. shopping-mall owner, said funds from operations rose 75 percent in the first quarter as retail sales climbed.
Fair trustee sues to recoup $138,580 in GOP donations
The five lawsuits filed this week do not include the biggest recipients of Tim Durham’s political largesse—campaign committees associated with Indiana Gov. Mitch Daniels and former Marion County Prosecutor Carl Brizzi.
Brightpoint’s earnings surge on smartphone sales
Brightpoint Inc., a distributor of wireless phones, said Thursday that its earnings increased more than sixfold as the growing demand for smartphones meant that more higher-priced devices passed through Brightpoint's facilities.
New Indiana congressional districts clear Legislature
The Indiana House voted 62-31 mostly along party lines Thursday to give final legislative approval to the redistricting plan and send it to Republican Gov. Mitch Daniels, who is expected to sign it.
Compromise emerges on Indiana immigration bill
The state senator who said Indiana should crack down on illegal immigration says a compromise includes the potential loss of state tax benefits for businesses hiring illegal immigrants.
Indiana budget deal includes Daniels-backed refund
Indiana lawmakers are set to vote Friday on a new $28 billion state budget that would give slight funding increases to schools without raising taxes, leave the state with more than $1 billion in reserves and give taxpayers refunds if the state takes in more money than it needs.
Review: ‘Memphis’ on the big screen
The Tony-winning Best Musical, which is still running on Broadway, hits local movie theaters for a limited run.
Developer proposing $100M project for Carmel
A proposed 64-acre development west of U.S. 31 in Carmel would help satiate a craving for retail, but it faces a tough fight from neighborhood groups that want to preserve the thoroughfare’s residential character.
Should the mayor have control of Indianapolis’ public schools?
A group of local power brokers is quietly assembling a plan that would transfer control of Indianapolis Public Schools to the mayor.
Uncertain pilot labor situation creates turbulence at Republic
Republic Airways Holdings’ 2009 purchases of regional airlines has created one of the industry’s most complicated labor integration challenges, particularly among pilots now represented by different unions.
Indianapolis bio sector hopeful as venture firms cash out
Profits flowing from earlier investments could mean more available capital, but firms continue to be selective in placing their bets.
LOU’S VIEWS: ‘The 39 Steps’ is spoof positive of laughs in Hitchcock’s work
There’s a blissfully funny sequence in the first act of the Indiana Repertory Theatre’s production of “The 39 Steps,” the local premiere of the Broadway hit.
DINING: Indonesian eatery offers Garuda awakening
First in our month-long series of reviews of newer ethnic eateries. This week: Garuda.
WEB REVIEW: In often-frivolous app world, these can save lives
Dad isn’t just recording workout data or accessing records that already exist, he’s creating his own diagnostic information.
Citizens Energy Group pipelines pass internal review mandated by feds
Citizens has more than 120 miles of transmission pipe and hundreds of miles of gas service lines.
Restaurants plan Indianapolis-area expansions
New locations of various eateries are planned in Carmel, downtown, and on the north and south sides.
Who’s Who in Commercial Real Estate – 2011
Every business sector has influential players, whether they are in the public eye or wield their influence behind the scenes. IBJ is identifying those people in eight different industry categories. Up this month: commercial real estate.