One year after emblazoning its name on the Indianapolis Colts’ mammoth new home, Lucas Oil Products Inc. has leveraged
that sponsorship into a pact with Jiffy Lube that company founder Forrest Lucas thinks will score huge profits for his company.
The museum finally has a brand—it bills itself as a “center for science
and culture”—but don’t expect a splashy campaign.
The company, which guides working adults and their parents through the maze of decisions and agencies involved in care for seniors, plans to use the money primarily to augment its sales staff and operations.
The number of newly laid-off workers filing first-time claims for jobless benefits fell to the lowest level since early
January, as layoffs eased a bit amid a fledgling economic recovery.
BioCrossroads, an Indianapolis-based not-for-profit, is cataloging Indiana businesses offering contract services to pharmaceutical
and biotechnology companies, and discovering many small firms operating in relative obscurity.
Basketball Coach Matt Painter says Purdue may not be "sexy," but adds that the blue collar approach is getting it
done in West Lafayette.
The credibility of the government’s $700 billion financial rescue program was damaged by claims a year ago that all of the
initial banks receiving support were healthy, a new report contends.
Stores are turning back the clock, conjuring images of hearth and home as they stock their holiday merchandise. Retailers
hope embracing holiday traditions from cozier times will tempt recession-weary consumers to open their wallets in a season
expected to show flat sales at best.
Indianapolis-based Brightpoint Inc. said Friday that it has entered into a settlement agreement with NC Telecom Holding A/S
to repurchase about 3 million Brightpoint shares from the Denmark holding company. NC Telecom owned Denmark-based Dangaard
Telecom before Brightpoint, the world’s biggest wireless phone distributor, bought the cell phone distributor in August 2007.
The economic downturn walloped all three of the mutual funds headquartered in Indiana. But they’ve each enjoyed significant
recoveries this year. And the smallest of the bunch has big plans to break away from the pack.
When local radio industry veteran Charlie Morgan stepped down as president of Indianapolis Motor Speedway Productions last
month, it could’ve appeared he was trying to escape the daunting problems of open-wheel racing. Unless you considered
where he was going.
Nearly 80,000 people in the city are “unbanked” and therefore lack this basic building block to financial health. A new program called Bank on Indy aims to change that.
Bruce Hetrick is wrong in asserting that “We pray and protest under the protection of government” and that
“We … freely publish columns … because of government.” His assertions reveal the progressive mind-set
and belief that we receive our rights from government, and thus man
Banks are fighting an ongoing battle with would-be identity thieves. Because banks are where the money is, the fight is
likely to go on a long time, with both thieves and banks growing in sophistication.
Charter Homes owner Jerry J. Jaquess has been sentenced to two-and-a-half years in prison and ordered to pay restitution of
$825,000 for his role in a $20 million mortgage fraud scheme.
Indianapolis is the new operating headquarters of a Ukrainian-American venture producing refrigeration units for semi trailers.
The move comes with the naming this spring of Thomas Roller as president and CEO of Ukram Industries. Roller is known locally
as former CEO of Indianapolis-based Norwood Promotional Products and of Fruehauf Trailer, which was based here in the 1990s.
Connecticut officials say Eli Lilly and Co. has agreed to a $25 million settlement with the state over claims the drug maker
marketed its anti-psychotic drug, Zyprexa, for unapproved uses and harmed patients.
A longtime partner of Indianapolis-based Greenwalt Sponsel & Co. Inc. has left the accounting firm and started his own after
he said it became apparent he would not become managing partner.
Indy Racing League television ratings on cable channel Versus dipped below average at Japan race. Now open-wheel series’ new
TV partner is picking up NASCAR programming. So what gives?
Danica Patrick has reached an agreement on a three-year contract to remain at Andretti Green Racing and stay in the IndyCar
Series, according to a report in Sports Illustrated.
