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Articles

Judge OKs General Growth’s restructuring plan

October 22, 2010

General Growth Properties Inc. said Thursday a bankruptcy judge has approved its reorganization plan, clearing the way for the Simon Property Group rival to emerge from Chapter 11 bankruptcy protection early next month.

Museum revamping security strategy to save money

October 21, 2010

A security overhaul at the Indianapolis Museum of Art promises to be more effective while saving the cash-strapped museum $600,000 a year. More than 50 gallery attendants are gone, and so is the front desk, replaced by visitor assistants, most of whom are local college students.

People in the News – Oct. 25, 2010

October 21, 2010

People listings are free.

Indianapolis-area experts see bright spots amid ongoing real estate weakness

October 20, 2010

Health care shows signs of life, and multi-family buildings continue to hold their own, experts said during a recent IBJ Power Breakfast.

OmniSource sues Brizzi over seized money

October 17, 2010

A recycling company is asking a Marion County judge to force Prosecutor Carl Brizzi to return more than $277,000 it says was seized as part of a trumped-up investigation.

Indiana Live swamped by debt, faces potential default

October 14, 2010

Owners of the Indiana Live racetrack and casino face an interest payment on the lion’s share of their $544 million in debt next month, as credit analysts continue fretting about the company’s ability to pay its bills.

Local MBA programs score with women

October 6, 2010

Female enrollment in Indianapolis master’s programs surpasses the national average. Telamon Vice President Sunny Lu said her MBA has helped her grow business.

Pence busy campaigning for other GOP candidates

October 3, 2010

Raising cash for campaigns across the country while stockpiling political capital for himself could pay off should he decide to seek higher office such as a 2012 White House run.

Ex-manager accuses Butler Kia of keeping violent employee

September 30, 2010

A former sales manager at Butler Kia alleges a co-worker pulled a gun on employees—yet was kept on the job for several months afterward.

Indiana lawmakers push for Internet taxes

September 23, 2010

A bipartisan duo of state lawmakers wants Congress to allow states to collect sales taxes on Internet purchases, a move they say could bring hundreds of millions of dollars to cash-strapped Indiana.

Super Bowl crew hustles to prep for 2012 event in Indianapolis

September 22, 2010

CEO Allison Melangton deliberately hired only Indiana residents to tap a deep talent pool and play up Hoosier hospitality.

Key foes won’t campaign against Indiana tax caps

September 2, 2010

Two prominent groups that have fought against the statewide property tax caps championed by Gov. Mitch Daniels are going to sit out the November referendum on whether to put the limits into the state constitution.

Marian University goes on fundraising tear

August 26, 2010

Marian University pulled in a whopping $54.2 million in pledges for the fiscal year ended June 30, largely related to its
effort to launch Indiana’s first college of osteopathic medicine. The year before, the Catholic institution raised $14.4
million, an in-house record.

Slumping chocolate firm hopes to recapture early momentum

August 5, 2010

Endangered Species Chocolate, which saw growth spike from 2005 through 2007, lost 20 percent of its revenue in 2009. Sales
dropped from $14 million in 2008 to $11 million last year. New Curt Vander Meer has plans to bring the company back to its
former glory, one chocolate bar at a time.

People in the News – July 26, 2010

July 22, 2010

People listings are free.

Shelbyville, county plan economic development projects

July 15, 2010

Millions of dollars in tax revenue that flows from the Indiana Live casino to local government coffers will be set aside for
economic development. Shelbyville Mayor Scott Furgeson hopes to present new projects to the city council in the next month
or two.

People in the news – July 19, 2010

July 15, 2010

People listings are free.

People in the news – July 12, 2010

July 8, 2010

People listings are free.

Bond swaps cost city units $93M in penalties

July 1, 2010

Wall Street bankers for decades sold municipalities like Indianapolis on debt instruments called swaps as a safe way to reduce
borrowing costs and hedge against rising interest rates. In reality, the swaps were complicated bets that relied
on misguided assumptions, and taxpayers paid.

Grassley asks Lilly, peers about whistleblower treatment

July 1, 2010

U.S. Senator Charles Grassley asked 16 drugmakers, including Eli Lilly & Co., Pfizer Inc. and AstraZeneca Plc, to reveal
how they treat whistleblowers who file complaints under the False Claims Act.

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