Can “Watchmen,” based on the acclaimed graphic novel, hold its own with such recent superhero standard-bearers as “Iron Man” and “The Dark Knight”?
Be one of the first to find out. I’m giving away passes to the March 5th (okay, technically…
The most up-to-date report about white-collar job losses in Indianapolis comes every Monday at dawn in the parking lot at St. Luke’s United Methodist Church. The number of cars that pull in to attend the weekly gatherings of the Business and Professional Exchange has more than doubled in the last two months. Inside, men and […]
As job losses accelerate in the worst recession in a generation, it’s becoming tougher and tougher for even well-educated,
experienced professionals to find work �¢?? or at least to find a job in the area and at the pay they want.
Conseco Inc. said this morning that its auditors are considering including a clause in the company’s annual report expressing uncertainty about whether it can remain a “going concern.” The Carmel-based insurer also said preliminary fourth-quarter results indicate it lost $406.8 million or $2.20 a share. Driving down results was an $88 million loss in its investment […]
After posting a $1 billion loss last year, Carmel-based Conseco Inc.’s future is in jeopardy. The losses have caused the life insurer’s debt as a percentage of its total capital to rise sharply, nearly to a level that would violate an agreement with its lenders. Conseco’s auditor, PricewaterhouseCoopers, said it might include a “going-concern” warning […]
Carmel Mayor Jim Brainard is expected to answer questions tonight at Carmel’s city council meeting about the escalating cost of the massive Keystone Avenue project. The chair of Hamilton County’s Democratic Party is asking the mayor for full disclosure. The improvements, which include plans for six new roundabouts, originally were projected to cost less than […]
Carmel Mayor Jim Brainard defended himself yesterday in a meeting with council members about the costs of the Keystone Avenue project. The state originally provided $90 million for the construction of multiple roundabouts on Keystone. The cost has increased to $130 million. Brainard says the initial cost was an estimate, but some council members say […]
Two prominent financial ratings companies downgraded their outlooks for Carmel-based insurer Conseco Inc. yesterday. International credit ratings agency Fitch Ratings Inc. put the ratings of Conseco and its subsidiaries on “negative watch” status. And New York-based Moody’s Investors Service downgraded Conseco’s financial strength rating and its bank-debt rating while giving the insurer a “negative” outlook. […]
Carmel-based KAR Holdings Inc., the parent of Adesa Auction Services, today posted a fourth-quarter loss of $49.3 million on $396.2 million in revenue for the period ending Dec. 31. KAR’s loss widened from $34.3 million, and revenue declined 0.6 percent, from the same period a year ago. For the year, the auto auction company reported […]
Carmel-based KAR Holdings Inc., the parent of Adesa Auction Services, today posted a fourth-quarter loss of $49.3 million on $396.2 million in revenue for the period ending Dec. 31. KAR’s loss widened from $34.3 million, and revenue declined 0.6 percent, from the same period a year ago. For the year, the auto auction company reported […]
Lauth Properties alleges in a lawsuit that the state’s plan to rebuild 13 miles of U.S. 31 in Hamilton County to freeway standards will cut off access to a property it owns in Westfield, killing plans for a Wal-Mart there. The case filed in Hamilton Superior Court could be the first of many legal challenges […]
Lauth Properties alleges in a lawsuit that the state’s plan to rebuild 13 miles of U.S. 31 in Hamilton County to freeway standards
will cut off access to a property it owns in Westfield, killing plans for a Wal-Mart there.
The Indianapolis Museum of Art has selected Sodexo Inc. to replace Wolfgang Puck as its restaurant operator and to share museum catering responsibilities with Kahn’s Catering in Carmel. The IMA’s announcement this morning culminates a six-month search following the museum’s decision in September to restructure its food-service operations. Based in Maryland, Sodexo employs 120,000 people […]
The Indianapolis Museum of Art has selected Sodexo Inc. to replace Wolfgang Puck as its restaurant operator and to share museum catering responsibilities with Kahn’s Catering in Carmel. The IMA’s announcement this morning culminates a six-month search following the museum’s decision in September to restructure its food-service operations. Based in Maryland, Sodexo employs 120,000 […]
A contractor involved in the Keystone Avenue roundabout project in Carmel could be headed to court. Late Friday, Carmel declared Milestone Contractors in default of its agreement for not meeting its schedule.
Cafe Patachou owner Martha Hoover will open her seventh local restaurant tomorrow at the upscale Clay Terrace shopping center in Carmel. The eatery is Hoover’s second French-themed Petite Chou. The other is on Westfield Boulevard in Broad Ripple. The Clay Terrace location initially will serve breakfast and lunch. Dinner will be available starting April 8, […]
Cafe Patachou owner Martha Hoover will open her seventh local restaurant tomorrow at the upscale Clay Terrace shopping center in Carmel. The eatery is Hoover’s second French-themed Petite Chou. The other is on Westfield Boulevard in Broad Ripple. The Clay Terrace location initially will serve breakfast and lunch. Dinner will be available starting April 8, […]
A federal review of the nation’s coal ash storage sites includes 14 Indiana power plants where the byproduct of the state’s reliance on coal for power is stored in a series of ever-growing ponds and landfills. Several utilities that own or co-own those 14 coal-burning plants must provide the Environmental Protection Agency with detailed descriptions […]
The state has frozen the assets of three Indianapolis-area businesspeople, including the owners of J.S. Marten Jewelers in Carmel, as part of a fraud investigation, the Indiana Secretary of State’s Office announced late Wednesday afternoon. The state said Dorothy Geisler-Tragardh, formerly a partner in Virginia-based clean-coal energy company Praxis Resource Partners LLC, and jewelers Jan […]
Whether or not Conseco Inc. gets a clean bill of health from its auditor on March 17, analysts predict the life insurer will need to raise more than $400 million to cover looming investment losses. And it needs the cash when raising any money is nearly impossible. Without fresh capital-or loosened debt obligations-Carmel-based Conseco could […]
