Indianapolis-based Fortune Industries Inc. managed a small profit in its fiscal third quarter – its third straight profitable quarter, the company announced this morning. Profit for the period ended May 31 rose to $318,000 compared to a loss of $2.9 million in the same quarter a year ago. Revenue fell to $15.4 million from $40.2 […]
Indianapolis-based Fortune Industries Inc. managed a small profit in its third quarter and now has turned a profit in each
of its last three quarters, the company announced this morning.
Emmis Communications Corp. reported a quarterly profit today after buying back a big chunk of its own debt on the cheap, but
the outlook for the company remains grim. The radio broadcaster and magazine publisher saw revenue plunge 27 percent.
Emmis Communications Corp. reported a quarterly profit today after buying back a big chunk of its own debt on the cheap, but the outlook for the company remains grim. The radio broadcaster and magazine publisher saw revenue plunge 27 percent. Indianapolis-based Emmis turned a profit of $7.5 million, or 20 cents per share, for the […]
Indianapolis-based merchandiser MainGate Inc. continues scoring deals with National Football League teams.
On July 7, company officials announced they had signed a 10-year deal to be the exclusive retail and merchandising company
for the Minnesota Vikings.
Federal stimulus money for Indiana highway projects so far has put to work 1,222 people with a payroll of $1.27 million,
according to state records of 42 projects under way in which contractors have reported job data. The work, ranging
from paving to replacing bridge decks, had a total contract value of $39.2 million.
Local businessman J.B. Carlson contends the $15 million life insurance policy he took out on Stephen Hilbert’s mother-in-law
was legitimate, because she served on his firm’s board and was a key decision-maker. The mother-in-law, Germaine
“Suzy” Tomlinson, died at age 74 last September—just 32 months after the policy was issued.
Plans are in the works for a wine bar called Tastings that would take the first-floor corner space at the Conrad Indianapolis.
The $1 million project would add an entrance to the luxury hotel at the northeast corner of Washington
and Illinois streets and include a total of 80 outdoor seats along both streets, in the shadow of the
Artsgarden.
Law school tuition at Indiana University in Bloomington could go up nearly 25 percent this fall, and other graduate programs might see double-digit increases as well. The proposed increase for the Maurer School of Law would see in-state tuition grow to $24,000 a year. Law school Dean Lauren Robel blames the tuition hike on a […]
Michael Phelps hits the pool in downtown Indianapolis today in his biggest swim meet since the Beijing Olympics. Phelps will swim the 200-meter freestyle and 200-meter butterfly at the U.S. Nationals at the Natatorium at IUPUI. Phelps is remaking himself with a focus on the shorter events as he heads toward the 2012 London Olympics, […]
Radio executive Tom Severino, who managed four local stations for Indianapolis-based Emmis Communications Corp., died yesterday
after a five-month battle with cancer. Severino, 57, was vice president and general manager of WIBC-FM 93.1, WLHK-FM 97.1,
WFNI-AM 1070 and WYXB-FM 105.7.
Last week’s column about the wide array of events on our July sports calendar in Indy was glaringly lacking in
one aspect: The Indiana Fever. As of this writing, they are the hottest team in the WNBA, reversing an
0-2 start and racing to six straight victories.
The 2009 ConocoPhillips USA Swimming National Championships start in Indianapolis tomorrow at the IUPUI Natatorium. Winners will earn a spot in the World Championships next month in Rome. Michael Phelps will be among the participants.
Radio executive Tom Severino, who managed four local stations for Indianapolis-based Emmis Communications Corp., died yesterday after a five-month battle with cancer. Severino, 57, was vice president and general manager of WIBC-FM 93.1, WLHK-FM 97.1, WFNI-AM 1070 and WYXB-FM 105.7. He joined Emmis in 1994. “[This] is a very difficult [time] for all of the […]
When prominent Egyptologist Zahi Hawass shared stories at a recent event about his personal meeting with President Obama,
my pride was momentarily dashed by the behavior of the people sitting at the next table.
When Hawass noted how impressed he was with our new president, these people became incredulous. They started snickering like
schoolchildren.
Most of the companies that agreed to help underwrite the 2012 Super Bowl are standing by their commitments even as the recession
wreaks havoc on their businesses. Of $25 million pledged by more than 80 companies before last year’s bid process, only about
$1 million is at risk, said host committee head Mark Miles.
As both House Speaker Pat Bauer, D-South Bend, and House Republican Leader Brian Bosma, R-Indianapolis, see it, this is definitely a "Republican-flavored" budget. Republican Gov. Mitch Daniels laid the framework, and legislators from both sides of the aisle largely abided by his bottom lines of spending, state agency cuts and surplus.
Clad in iguana-patterned medical scrubs, Angela Lennox moves quickly around the clinic laboratory, administering barium to
a ferret and ordering a guinea pig X-ray. From there, she moves to an exam room, taking blood from an unruly bird and diagnosing
an injured pet duck—all in the span of about 30 minutes.
The Indiana Minority Supplier Development Council has made life sciences companies its latest target—part of an even larger effort to attract minorities to the burgeoning life sciences industry under
way on a national scale.
Last week’s column about the wide array of events on our July sports calendar in Indy was glaringly lacking in one aspect: The Indiana Fever. As of this writing, they are the hottest team in the WNBA, reversing an 0-2 start and racing to six straight victories. The streak put the Fever in first place […]
