The Indianapolis-based health system said it will continue to study possibilities for the land after neighbors objected to plans calling for nine buildings and four parking garages that carried an estimated price tag of $1 billion.
The lawsuit alleges that ITT Educational’s bankruptcy and the closure of its 130-school chain could have been avoided or minimized if the board of directors had fulfilled its duties instead of focusing on keeping former CEO Kevin Modany happy.
Local organizations have recently seen a spike in leadership turnover, with at least 80 organizations advertising for a new CEO, executive director or president since the beginning of 2017.
The 8-year-old firm, which focuses on investing in early-stage Midwestern tech companies, this week filed plans with the Securities and Exchange Commission to raise $50 million to $100 million for the new fund.
Kenneth Ray Cleveland, 64, received the punishment from U.S. District Court Judge Tanya Walton Pratt after pleading guilty to federal fraud and money laundering charges.
After a period of rapid growth for The Speak Easy, Julie Heath wants to refocus its energies on membership development and providing startups in central Indiana the resources necessary to grow.
Steven Shapiro—who was blamed for a major squabble that sent three top executives fleeing from Carmel-based Baldwin & Lyons Inc. two years ago—has now himself left the insurance company.
The Indiana data is less bleak than the national average, which found a full-time worker would have to earn $22.10 on average to afford a two-bedroom rental.
The region got a boost from being home to pharmaceutical giant Eli Lilly and Co., along with numerous contract research organizations, suppliers and testers.
The Indianapolis-based system has spent $9 million on the “high-tech integrated service center,” but hopes to save up to $3 million a year through standardizing inventory, ordering in bulk at a discount, and streamlining delivery routes.
A growing number of Democrats in Hamilton County have placed their names on the ballot this year. Twenty-five candidates have already filed to run for either a state or local office.
Longtime local entrepreneur Jim Sapp is revving up for expansion of his latest venture: Commercial Self Storage, a company geared to business customers.
Netfor Inc. anticipates adding dozens of employees in its new headquarters in the former Charles Schwab & Co. regional client center. Also: Pies & Pints will debut two new Indy-area locations, and the Choo Choo Cafe will roll into Atlanta.
Because of its stance in the case, the imaging center was not subject to caps on damages that typically would be in place when medical providers opt in to coverage under the Indiana Medical Malpractice Act.
Daredevil’s new site, to be called Daredevil Hall, will be in a hotel on the city’s north side. It will include a taproom and a restaurant run by local restaurateur Neal Brown.
“We’ve just really grown up and kind of grown into what we are today, and it’s been a really neat story,” says Allegion Senior Vice President Tracy Kemp.
