A discovery of insurance policies abandoned by now-defunct Ertel Manufacturing Co. has led the city of Indianapolis to sue at least 15 insurance companies for costs to clean up the site, the city said yesterday. The city is seeking more than $5 million for removing PCBs, cadmium and solvents from the site northeast of downtown […]
Simon Property Group Inc. reported $427.9 million in funds from operations in the second quarter, a 14.7-percent increase from a year earlier and slightly more than analysts anticipated. The Indianapolis-based real estate investment trust also projected funds from operations for the year of $6.38 to $6.45 per share, nearly identical to the $6.35 to $6.45 […]
Two giants of local business are preparing to slug it out in court over a soured sublease deal. Marsh Supermarkets filed
suit in Hamilton County this month to enforce a deal with Swiss pharmaceutical and medical-equipment powerhouse
Roche to sublease the grocer’s entire 148,000-square-foot headquarters in Fishers. The deal, worth more
than $47 million over 18 years, is one of the largest of its kind in central Indiana in years.
Move over home computer, the more nimble mobile phone and competing handheld devices have taken the helm as the hippest ways to conduct banking business online. What’s more, an Indianapolis banking executive is at the forefront of the mobile-banking information movement and is promoting the benefits on a blog he created that is attracting scores of new viewers each month from around the world. Brandon McGee, 34, may keep bankers’ hours at the downtown office of the Columbus, Ohio-based Huntington…
Busy touting restaurants, artwork and other luxuries of the $1.1 billion midfield terminal, the Indianapolis Airport Authority
is still grappling with a few details arguably more important to passengers. Among them: How much will it cost to park? The
answer might be among the more surprising aspects of midfield. Officials are considering slashing rates
for the 5,900-space successor to Indianapolis International’s existing 1,776-space garage.
WellPoint Inc., the most dominant health insurer in the United States, registers as barely a pipsqueak in the rest of the
world. But it’s only a matter of time, say industry experts, before WellPoint plunges into foreign markets to grow sales of
its health benefits and services.
Several landmark commercial properties fronting Interstate 465 on the northeast side could be in the path of bulldozers
when the state begins adding lanes as early as 2012. Memos prepared by a consulting firm to the Indiana
Department of Transportation go as far as estimating acquisition prices for buildings, including that of
country station WFMS-FM 95.5 and other Cumulus Media stations at 6810 N. Shadeland Ave.
Fear not. If you didn’t get your free ticket to tour the Indianapolis Colts’ new home venue, there’s still a way to get a sneak peak—at a steep price. And this event is…
The Democratic primary race between presidential candidates Hillary Clinton and winner Barack Obama attracted
so much attention that the Indiana governorâ??s race got short shrift â?? and the governorâ??s race still isnâ??t
getting the respect it deserves.
Thatâ??s how Jim Schellinger…
JOHNSON COUNTY Franklin distribution center to have eye appeal Officials for an Ohio-based tire manufacturer this month announced plans to relocate a distribution facility to Franklin, bringing 60 jobs to the city 25 miles south of Indianapolis. Cooper Tire & Rubber Co. will move into a new 808,500-square-foot building in Franklin Tech Park near Interstate […]
Carmel’s play for the arts Some fear it will come at Indianapolis’ expense The $80 million-plus Carmel Performing Arts Center, a neo-classical-styled concert hall designed to be an acoustical masterpiece, is still two years from opening. But it’s already the source of some dissonance in the Indianapolis arts community to the tune of Mozart’s String […]
Spotlight on Hamilton County Named for Alexander Hamilton, a member of the Continental Congress and a framer of the U.S. Constitution 5 LARGEST CITIES/TOWNS population Fishers ………………………………………61,840 Carmel ………………………………………60,570 Noblesville …………………………………40,115 Westfield ……………………………………13,444 Cicero …………………………………………4,400 5 LARGEST EMPLOYERS employees Sallie Mae…………………………………….2,300 Conseco Inc. …………………………………2,300 Marsh Supermarkets Inc………………….1,650 Resort Condominiums International ….1,600 Thomson Inc………………………………….1,600 COUNTY MSA* […]
Of this, that and the other: Timing, as they say, is everything. The University of Notre Dame lost its athletic director, Kevin White, to Duke University on June 1 and has been actively engaged in identifying his successor. A couple of weeks later, Indiana University announced its athletic director, Rick Greenspan, would resign but serve in lameduck status until the end of the year. Somewhere in the middle of those circumstances was Indianapolis attorney Jack Swarbrick, a Bloomington native but…
A dearth of name players, slumping attendance and an outdated venue have some in the local tennis community wondering if the
Indianapolis Tennis Championships–formerly known as the RCA Championships–needs some serious re-stringing. Attendance at
the nine-day event, which ran July 12-20 this year, was on pace through July 16 to be at a 20-year low.
But attendance is far from the tournament’s only challenge.
At least 10 local Starbucks stores are slated to close by early next year as part of a 600-store nationwide purge. The chain
has named only 50 of the stores it plans to close, including two in Indiana, but it has notified the others. Those include
at least six in Indianapolis and stores in Carmel, Greenwood and Beech Grove.
New York Yankees first baseman Lou Gehrig died in 1941 of a disease that came to bear his name. Six years later, second baseman
Jackie Robinson famously broke through baseball’s color barrier with the Brooklyn Dodgers, earning the league minimum $5,000.
He died in 1972. Mark Roesler believes the best earning years still lie ahead for both legendary players, as well as many
others like them. But first he must untangle their image rights in federal court in Indianapolis.
At least 12 local Starbucks stores are slated to close by early next year as part of a 600-store nationwide purge. The chain is closing eight stores in Indianapolis and stores in Carmel, Greenwood, Beech Grove and Plainfield. About 200 people in central Indiana could lose their jobs in the move since each location employs […]
The Midwest Proton Radiotherapy Institute, which has been a money-loser since opening in 2004, expects to turn a $1.5 million profit in the coming fiscal year, according to The Herald-Times of Bloomington. The Bloomington center, co-owned by Clarian Health and Indiana University, is attracting more patients and getting better reimbursement from the federal Medicare program. […]
Defense contractor Rolls-Royce has signed a $900 million contract with Italian aircraft maker Alenia Aeronautica SpA to supply turboprop engines for nine years. The AE2100D2 engine comes from a bread-and-butter line of military engines that the British company designs, develops and manufactures in Indianapolis. The engine will be used on medium-size C-27 J Spartan cargo […]
Despite the hype surrounding Indianapolis Colts quarterback Peyton Manning, it’s still easy to underestimate—or simply forget about—the impact this one player has on the team. That impact goes beyond winning on the field.
The…
