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Simon Property’s quarterly profit rises on improving retail sales

February 4, 2011

Earnings for the Indianapolis-based shopping mall owner increased to $217.9 million in the fourth quarter, up from $91.5 million in the fourth quarter of 2009. Funds from operations, a key measurement used by real estate investment trusts, also improved.

Missionary group says vendor holding website hostage

February 4, 2011

Evangelical Baptist Missions Inc. says its former IT vendor is holding its website hostage—potentially hampering the safety of people working abroad.

Panel OKs criminal checks on medical workers

February 4, 2011

Physicians, dentists, nurses, veterinarians, pharmacists and other medical workers would have to pay for a national criminal background check when applying for a state license under a bill pending with the Indiana Senate.

Klipsch selling for $166M, Audiovox says

February 4, 2011

Klipsch will become a subsidiary of Audiovox and operate as a stand-alone operation in Indianapolis under the leadership of the current management team, Audiovox said.

Tighter rules for scholarship program advance

February 4, 2011

Indiana's popular 21st Century Scholars program that provides full college scholarships to needy students who stay out of trouble would have stiffer requirements under a proposal approved Thursday by a legislative committee.

Will city be ready for Super Bowl blitz?

February 3, 2011

The compact nature of downtown Indianapolis—long seen as a major draw for conventions and other events—is creating challenges for organizers of next year’s Super Bowl.

Health insurance brokers set for shakeout

February 3, 2011

Health insurance brokers, who match up employers with health insurance policies, are about to have a brighter light shone on the commissions they earn from insurers. The likely result: Commissions will fall or flatline and, eventually, fall away in favor of fee-based business models.

New rules rile Steak n Shake franchisees

February 3, 2011

Franchise owners of Steak n Shake restaurants are revolting against parent company Biglari Holdings Inc. just as the chain plans a nationwide expansion fueled by franchising.

Records – Feb. 7, 2011

February 3, 2011

Records listings from the Feb. 7, 2011, issue of IBJ.

Bond wariness might make it tough for cities to borrow

February 3, 2011

Interest rates on municipal bonds have ticked up in the last two months to pre-recession levels as investors have pulled their money from bond funds in droves. That pattern has begun, gradually, to reverse, but the higher rates could add to the cost of issuing debt for pending city projects.

Indians adding dining option to Victory Field

February 3, 2011

The Indianapolis Indians have torn out about 400 seats in Victory Field’s left flank to make way for Captain Morgan Cove—an open-air restaurant and bar that will feature a menu separate from other stadium offerings and table service for up to 120 fans.

BENNER: Super Bowls Radio Row is a non-stop PR machine

February 3, 2011

The National Football League has created this monster and couldn’t be happier about it.

WEB REVIEW: Online help for escaping dinner rut and menu freeze

February 3, 2011

Probably the most interesting online grocery service in Indianapolis is Green B.E.A.N Delivery.

Wrecker business emerges from sad circumstances

February 3, 2011

After Tammy and Tony Hanna each lost a parent to cancer, the couple took $175,000 from their parents’ life-insurance policies to start Hanna’s Wrecker Service. It opened in October 2008 with five trucks and 13 employees, and now has seven trucks and 17 workers, and plans to move to a larger site that will allow for additional growth.

DINING: Tavern on South has obvious appeal

February 3, 2011

Despite its obvious appeal to fans of teams that suit up within spitting distance, Tavern on South avoids the raucous sports-bar atmosphere.

LOU’S VIEWS: Palladium premieres

February 3, 2011

I’m not ready to use the word “perfect” but, in my lifetime, I honestly don’t expect to hear chamber music in a better-sounding venue than I did Jan. 30.

Republic Airways expands contract with Delta

February 3, 2011

When the locally based airline bought Frontier and Midwest, some predicted big carriers like Delta would stop doing business with Republic.

City seeks firm to manage events on the Central Canal

February 3, 2011

The city put out a request for proposals seeking companies that would schedule and oversee events such as weddings and Fourth of July celebrations on the city-owned portion of the walkway.

Indianapolis Museum of Art shuffles gallery space

February 3, 2011

The remodeling of third-floor galleries will create more space for the IMA’s growing design-arts collection.

Several new restaurants opening in Indianapolis

February 3, 2011

The new dining spots include a few home-grown businesses that are opening in or near Broad Ripple.

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