Premier Properties USA Inc. has eliminated about half its headquarters staff–more than 40 employees–as banks seize several
of its properties and CEO Christopher P. White faces a barrage of new lawsuits alleging unpaid bills, defaulted loans, illegally
redirected rent payments and check fraud.
Day traders have infiltrated the sports ticket market. Interest in Yoonew.com, an electronic ticket exchange where fans can trade sports tickets like stocks, is growing in popularity nationwide. The site gets a significant…
Brokerage firm Colliers Turley Martin Tucker has delayed an auction of three parcels near Meridian and 16th streets that previously housed the Payton Wells car dealership. Auctioneer Bob Getts…
Indiana University freshman Eric Gordon this afternoon is expected to declare himself eligible for the National Basketball Association draft. Whether he could use another year of college seasoning or not, NBA teams are…
The Broadbent Co. plans to begin construction soon on a new restaurant strip in front of its Greenwood Place shopping center at U.S. 31 South and Shelby Street. The 7,100-square-foot center will include a Dunkin Donuts with a drive thru,…
The Indianapolis Indians might be a minor league professional sports team, but the AAA franchise’s Web site is a major league success, team officials said. The Indians are the first local professional sports…
Today, the Indy Racing League officially announced its sponsorship agreement with DirecTV that was first reported on this site March 27. Sources familiar with the multi-year deal said it is worth $3 million…
Indiana University’s new men’s basketball coach proved at Marquette he can win games. Now he is proving to be a savvy marketer. Yesterday, during his introductory press conference, Crean lauded and reached out…
Officials for locally based Just Marketing International today announced they finalized a deal this week to work with BMW North American motorsports. Financial terms of the deal were not released.
Central to the commitment…
The new Dunkin Donuts at Washington and Pennsylvania streets (reported here in November) likely will have a retro look that incorporates the old Roselyn Bakery sign. Plans call for neon signs and a stainless steel facade. What do you think?
If Indiana University officials sought a clean break from former men’s basketball coach Kelvin Sampson, their hire of Marquette’s Tom Crean failed to do so. Two of Crean’s four assistant coaches have a…
A local firm has begun renovations on an historic 12-story former bank building at 129 E. Market St. Crown Property Group bought the J.F. Wild & Co. building from…
With former Indiana Pacers CEO Donnie Walsh, 67, set to be introduced as the New York Knicks president today at 1 p.m., several questions loom large for the Pacers front office.
While the Pacers…
Shortly after 4 p.m. today, ESPN reported that Indiana University is preparing to sign Marquette’s Tom Crean, 41, as the school’s next men’s basketball coach.
Sources close to the IU coaching search this morning did not mentioned Crean as one of…
The Indy Racing League today announced a multi-year agreement with Coca-Cola North America that will make Coca-Cola an official sponsor of the Indy Racing League through 2010.
Terms of the category exclusive deal were…
While Danica Patrick earned a sixth-place finish in the Indy Racing League season opener at Homestead-Miami Speedway, 2,740 miles away in Los Angeles she was the winner of another contest.
The Andretti Green Racing…
The early returns are good for the Indy Racing League. Attendance and television ratings at Saturday’s season opener in Miami were up and local media and fans raved about the on-track racing.
Although the…
Sen. Barack Obama’s presidential campaign plans to temporarily take over one of the city’s most prominent retail spaces. The campaign has reached a deal to open an office in Flagstar Bank’s former…
The CEO of locally based Lauth Group Inc. says most people he knows in the business, even the steely types who always project
optimism, are privately nervous about the economic morass that began with a collapse in subprime mortgages.
The state’s largest beer and wine distributor is considering a long-abandoned drive-in theater in Lawrence for a new headquarters.
Monarch Beverage Co. has outgrown its home along Interstate 465 just east of the airport and has been looking for a place
to move for a year.
