New restaurants: Upland in Carmel, Lincoln Square downtown
Old Carolina Barbecue also announces expansion to Indianapolis market.
Carmel
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New ChaCha unit to pair celebrities, advertisers
The ever-evolving information/answers service ChaCha Search has launched a startup within the 7-year-old company. Social Reactor will match advertisers with participating celebrities and other “social influencers,” who will use social media tools such as Twitter to drive fans to advertisers. Verge founder Matt Hunckler was tapped to get it rolling.
Analysts: ITT’s woes are likely to worsen
Investors have dumped the already-depressed shares of ITT Educational Services Inc. after the operator of for-profit colleges shelled out $46 million for bad private student loans it had backed to help students pay the portion of its pricey tuition that federal loans won’t cover. With fewer ITT graduates able to find jobs, the default rates on these loans has spiked.
CNO’s Bonach has insurance firm back on offense
CNO Financial Group’s stock price has nearly doubled since Ed Bonach took the helm in October 2011. Some analysts that follow the successor to Conseco Inc., which a decade ago was the nation’s third-largest Chapter 11 bankruptcy reorganization, now regard CNO as an attractive value play.
Stock buyback continues at CNO
The Carmel-based owner of Bankers Life and other insurance companies has seen its stock rise as it restructures debt.
Hamilton County airport closer to extending its runway
Federal, state grants will fund study of project intended to serve growing corporate clientele.
Pedcor to start second phase of Carmel’s City Center
The Nash, a three-story, $10 million mixed-use building, is to be built just south of City Center on the west side of Rangeline Road.
Data center N/Frame spending more on Carmel upgrade
The company that hosts outsourced computer operations is dramatically boosting its investment in its local operation.
Carmel council approves refinancing package
Carmel’s City Council on Monday night voted 7-0 to approve a proposal to refinance $195 million in debt incurred by the Carmel Redevelopment Commission.
Carmel project dogged by conflict questions
An executive ousted from the firm developing The Barrington in Carmel alleges that the $142 million retirement-community project was driven by conflicts of interest.
LOU’S VIEWS: Michael Feinstein shines in book on the brothers Gershwin
For me, the highlights of any Michael Feinstein concert come in between the numbers, when the cabaret and concert star—and artistic director of the Center for the Performing Arts—shares anecdotes and insight about the composer and lyricists who crafted the tunes. His storytelling style translates nicely to the printed page.
INSIDE DISH: Carmel eatery unafraid to break a few eggs, rules
Restaurateur Larry Hanes stuck to his guns in creating Eggshell Bistro, bending conventions with eclectic decor, artisanal coffees, and a simple menu with restrained portions.
DINING: Now it’s Matt’s time
First in a month-long series of possessive restaurant reviews. This week: Matt The Miller’s Tavern
EDITORIAL: More Brainard scrutiny overdue
In a former life, Carmel Mayor Jim Brainard was a real estate attorney. So it shouldn’t surprise anyone that splashy development projects have been a hallmark of his four terms as mayor.
Carmel theater group pleads for cash to stay afloat
While awaiting word on a possible $75,000 grant from the city of Carmel, Actors Theatre of Indiana made a plea for emergency donations Wednesday afternoon.
Carmel council seeks oversight of redevelopment expenses
Carmel City Council members want further control of the redevelopment commission that carries out Mayor Jim Brainard’s vision for downtown, and Brainard said Friday morning that he won’t oppose the plan.
Carmel ad shop FatAtom prospers by defying norms
In a time when many local, regional and national ad firms have been forced to downsize, FatAtom Marketing has seen its revenue increase from $180,000 in 2008 to a projected $1.25 million this year, CEO Todd Muffley said.
Lucases put imprint to Hilbert mansion
Forrest and Charlotte Lucas kept original touches including a painting with original owner Steve Hilbert holding a spear, but otherwise aimed to make the mansion more casual. (with 360-degree photos)
Carmel moves toward $183 million refinancing
The refinancing would free up about $8.8 million for future development projects and keep the Carmel Redevelopment Commission out of the red. But a skirmish is brewing over a CRC proposal for the city to help cover operating expenses.
Extra money for Carmel arts groups on hold
Carmel Mayor James Brainard's request for an additional $1.36 million in arts funding is lingering in a city council committee.