The son of Adesa Inc. co-founder Michael Hockett agreed to plead guilty Monday to federal bank fraud, the same day the charges were brought by the U.S. Attorney for the Southern District of Indiana in Indianapolis. B. Scott Hockett, 45, faces maximum penalties of 30 years in prison and a fine of $1 million. […]
Democratic Indiana House Speaker Patrick Bauer is blaming Republican Gov. Mitch Daniels for the need of a special legislative session. The General Assembly did not pass a new state budget by last night’s midnight deadline for adjourning the session, which will force Daniels to call a special session to get one approved. Bauer said today […]
State lawmakers last night approved a plan designed to fix the state’s bankrupt unemployment fund. It would dramatically raise taxes on employers and make administrative changes in hopes of saving money, but it would not cut benefits. It passed the Senate on a bipartisan 46-3 vote, then passed the House 52-47 along party lines, with […]
The spring selling season is traditionally one of the busiest for area real estate agents, but this year brokers say they’re confronting a new challenge: buyers’ emotions. With the economy in a slump, agents say today’s homebuyers are often protracting negotiations, making extreme low-ball bids and pushing for major repairs and improvements before they’ll sign […]
In 2009, blogging is not optional. If you have a business, you
must have a Web site. If you have a Web site, you must have a blog!
Westfield Mayor Andy Cook is proposing a $60 million youth sports complex with a 4,000-seat multipurpose outdoor
stadium, indoor sports facilities and sports fields with the goal of establishing the Hamilton County community as the "Family Sports Capital
of America."
Carmel businessman Dan Laikin finds himself in the awkward spot of denying wrongdoing at the same time the three men accused
of conspiring with him in a stock-manipulation scheme are admitting guilt.
Last week, I made a presentation about social media to several hundred people at a Carmel Chamber of Commerce luncheon. We talked about Facebook and Twitter, YouTube and Flickr, LinkedIn, blogging and more. I didn’t answer the "how-to" question. I answered the "whether-to" question. With some important cautions, my answer was "yes."
ChaCha Search Inc. co-founder Brad Bostic has stepped down as president of the human-assisted Internet search company, which
is struggling to turn a profit in a dismal advertising climate, but he hasn’t left. "Brad is still engaged with the company
as a director, co-founder and consultant," said co-founder and CEO Scott Jones.
With enrollment surging in vocational schools around the country, Indiana Business College has launched an expansion into
Ohio and likely into other states as well. The Indianapolis-based for-profit school also is changing its name.
There’s a smorgasbord available for small businesses in the federal stimulus package. The trick is figuring out how to get a plate. Plenty of local experts are serving up access to the buffet. And some entrepreneurs are digging in. But others consider the
stimulus warmed-over leftovers.
LOAN APPROVALS SBA Loans SBA loan guarantees for the month of March. These businesses have received loans from financial institutions with a guarantee from the SBA. Not all funds are disbursed immediately. Furthermore, some approved loans are subsequently canceled. Arts A Poppin LLC, 653 Massachusetts Ave., Indianapolis, $30,000 from Borrego Springs Bank N.A. Banc-Serv Partners […]
There’s a smorgasbord available for small businesses in the federal stimulus. The trick is figuring out how to get a plate. Plenty of local experts are serving up access to the buffet. And some entrepreneurs are digging in. But others consider the stimulus warmed-over leftovers. “For high-tech, high-growth businesses of the 21st century, there’s nothing […]
With enrollment surging in vocational schools around the country, Indiana Business College has launched an expansion into Ohio and likely into other states as well. And the Indianapolis-based for-profit school is changing its name-to Harrison College, with a nod toward two U.S. presidents with Hoosier ties. Executives of the privately owned college informed staff and […]
Last week, I made a presentation about social media to several hundred people at a Carmel Chamber of Commerce luncheon. We talked about Facebook and Twitter, YouTube and Flickr, LinkedIn, blogging and more. I didn’t answer the “how-to” question. I answered the “whether-to” question. With some important cautions, my answer was “yes.” A self-proclaimed “fogey […]
ChaCha Search Inc. co-founder Brad Bostic has stepped down as president of the human-assisted Internet search company, which is struggling to turn a profit in a dismal advertising climate, but he hasn’t left. “Brad is still engaged with the company as a director, co-founder and consultant,” said co-founder and CEO Scott Jones. There are no […]
He went back and forth, but ultimately the mayor of Westfield decided to go with his gut. Mayor Andy Cook, the first to hold that title in the fast-growing Hamilton County suburb, settled on “Family Sports Capital of America.” He and his advisers had weighed “Family Sports Capital of the Midwest,” but eventually opted to […]
ITT Educational Services Inc. hurdled over analysts’ estimates with its first-quarter profit and raised its 2009 profit forecast by 50 cents per share, the company announced this morning. The Carmel-based operator of career and technical schools boosted profits 45 percent, to nearly $62 million, in the three months ended March 31, compared with the same […]
I’m not sure what it has to do with sports, but ESPN columnist Rick Reilly delves into the business of a locally run Internet search engine in his most recent column. While the…
An analyst cut his 2009 earnings estimate for Conseco Inc. yesterday and said the Carmel-based insurer still faces a real threat of bankruptcy if it can’t renegotiate its credit agreement with debt holders. Credit Suisse analyst Thomas Gallagher slashed his earnings estimate after projecting an extra $45 million per year in costs associated with a […]
