Andre Carson, who last month took over the City-County Council seat of Patrice Abdullah, has been hired by Cripe Architects + Engineers Inc. as a marketing specialist. Carson, 32, is a grandson of U.S. Rep. Julia Carson, D-Indianapolis. He most recently was an investigator for the Indiana State Excise Police. “We hired him because we […]
Fallout from the subprime mortgage fiasco has scuttled a developer’s plans to acquire Pan Am Plaza and could complicate a
host of other development deals under way in Indianapolis.
When the Department of Justice slapped St. Vincent Indianapolis Hospital with a $1.2 million fine last month, it stunned local
medical professionals. But the issue behind St. Vincent’s troubles is no surprise. The diversion of prescriptions drugs from
the medical field into recreational use is a widespread problem in Indiana and the nation.
On summer Saturdays, Ross Faris starts work at 4:30 a.m., packing up zucchini, peaches and other produce for the trek to farmers’ markets in Broad Ripple and Zionsville. Then he stands in the 90-plus-degree heat, answering questions about heirloom tomatoes or new varieties of peppers, greeting regulars and loving every minute of it. “It’s just a rewarding experience,” Faris said. “I can’t tell you how many people appreciate what we do here.” Faris, owner of Indianapolis-based Your Neighbor’s Garden, is…
The changes to the Indianapolis Motor Speedway’s road course to accommodate motorcycle racing means the track’s operators will forfeit around $500,000 annually in ticket revenue for the Indianapolis 500 and Brickyard 400. Due to modifications just south of pit road and directly north of the oval’s first turn, several thousand seats on the inside of the first turn will be removed after this year’s Brickyard 400. Work to prepare the track for next year’s MotoGP motorcycle race-which includes laying 13,300…
Finish Line Inc. this afternoon said it plans to name Bob Dennis president after completing its $1.5 billion purchase of Tennessee-based Genesco Inc. Dennis currently serves as Genesco’s president, and Glenn Lyon is president of Finish Line. Lyon would remain president of the company’s Finish Line division, company spokeswoman Elise Hasbrook said. Finish Line Inc. […]
At first thought, people might assume most attorneys have undergraduate degrees in political science or criminal justice. And while many do, those with backgrounds in engineering, chemistry, physics, and other sciences are being drawn more and more to law because of the growth of interest from businesses in intellectual property. Some IP attorneys decided to take the leap from working in the science world to the legal one, and those who did it say their time working in a lab…
Finish Line Inc. and Foot Locker Inc. aren’t just in the same business; they’re bitter rivals. So you can bet Finish Line executives are savoring the fact that they outmaneuvered the New York company in the battle to buy Genesco Inc. To be sure, we’re a long way from knowing whether the deal Finish Line negotiated last month to purchase Tennessee-based Genesco for $1.5 billion in cash was a wise one for the Indianapolis-based company. Investors aren’t exactly slapping CEO…
The Indianapolis Airport Authority’s management contract with British firm BAA unceremoniously expired July 15, and authority
officials taking the helm for the first time since 1995 say they’re confident they are prepared to continue to innovate as
they prepare to open a new terminal.
“There is a crack, a crack in everything. That’s how the light gets in.” – “Anthem,” by Leonard Cohen How outrageous does executive behavior have to be before it should be deemed unacceptable by corporate America? Are we experiencing a trend toward greater scrutiny of our executives’ personal lives and is this a good idea? What should be the peccadillo standard for the executive officers of public companies? Witness the recent forced resignation of David Colby, chief financial officer and…
Last month, word got out that The Indianapolis Star had decided to fold the newspaper’s business section into the Metro&State section. Industry experts called the move a cost-saving measure, while Star officials said it was a matter of looking for better ways to get news to its readers. Upon further review this month, Star officials […]
Bringing MotoGP–the world’s highest level of motorcycle racing–to the Indianapolis Motor Speedway could easily draw more
than 150,000 spectators and net an eight-figure windfall for track owner Tony George.
Here’s one way to send your company’s revenue through the roof: Push your product into 70 countries around the world. That’s easier said than done, of course. But it’s exactly the path Polymer Technology Systems Inc. took to help quadruple sales of its cholesterol-checking device in the last three years. How Indianapolis-based PTS pulled off the feat shows how even small companies in Middle America can become global enterprises in today’s economy. In fact, the possibility of worldwide expansion is…
Large parcel near Mount Comfort airport to be developed, area starting to boom Rosemont, Ill.-based Verus Partners LLC has asked the Hancock County Area Plan Commission to rezone 228 acres near Mount Comfort Airport to permit construction of an industrial park. The area is ripe for development, said Dennis Maloy, executive director of Hancock Economic […]
Indianapolis Star managers informed newsroom staff Monday that the paper’s business section no longer will be a stand-alone section beginning in late June. Staffers were told the section will become part of the Metro & State section. It is unclear whether the business section will have its own pages within Metro & State or some […]
Indianapolis Star managers Monday afternoon informed newsroom staffers that the paper’s business section would no longer be a stand-alone section beginning in late June. Staffers were told the section would become part of the Metro & State section. It is unclear whether the business section will have its own front page within the Metro & […]
The Indy Racing League is overhauling its sales effort, an initiative industry observers said could lead to an eight-figure annual title sponsorship and exponential growth for the league and its teams. Officials for the company tabbed to lead the revolution said there isn’t any sponsorship deal that won’t be considered by Speedway brass, including a title sponsorship for the Indianapolis 500, a sacred property once thought untouchable. Race fans have been focused on the Brickyard’s 2-1/2-mile oval this month. But…
The possibilities are intriguing: A tethered hot-air balloon ride. Old-time hearthside dinners prepared with farm-fresh ingredients. A wilderness-skill challenge that includes rock climbing and a virtual canoe ride. Leaders at Conner Prairie are weighing which-if any-of those ideas would be a good fit at the Hamilton County living history museum, which is focusing on its future even as it works to preserve the past. “The board is very committed to the idea that Conner Prairie must remain relevant and exciting…
TechPoint today announced the finalists for its 2007 Mira Awards, which honor the top performers in technology-related industries. Finalists were broken down into 12 categories covering the information technology, life science and advanced manufacturing industries; educators also will be honored for their contributions to high-tech business. Winners will be recognized at a banquet […]
State and city officials have begun evaluating four groups that want to develop an acre of prime real estate along the Central Canal downtown. The property, which covers about a third of the block stretching from Ohio Street to New York Street, will feature canal-level retail-a requirement of all potential developments there. It also could be home to a hotel or condominium complex, based on plans from two local developers. Two other groups also are in the running for the…
