Unfailing optimist Hallett sure of Indy Fuel’s staying power
Jim Hallett is confident that his recently launched Indy Fuel hockey team will prosper, a bet he backed up by signing a 25-year lease at the Fairgrounds Coliseum.
Greg Andrews
Articles
Reeling developer dumps ‘worthless information’ on court
A judge ordered HDG Mansur chief Harrold Garrison to appear in court after creditors charged he is dodging their requests for information and filed a contempt motion.
$22M HQ to raise profile of asset-rich Liberty Fund
Liberty is one of the richest foundations in the state, with $332 million in assets—firepower it devotes to publishing books and staging some 200 all-expenses-paid conferences a year.
Health care IT firm plans to add 43 employees
Stratice Healthcare LLC, which sells an electronic ordering platform for medical supplies, landed an incentives agreement with the state to increase employment at its Carmel headquarters.
Activist unleashes attack on Sardar Biglari, says he must go
Groveland Capital said in a regulatory filing late Thursday: “[Steak n Shake's] operating performance with Mr. Biglari at the helm has been worse than that of those predecessors he so criticized in 2008!”
How Eli Lilly CEO Lechleiter pulled company out of long slide
After weathering a barrage of patent expirations, the pharmaceutical giant has restocked its pipeline and is positioned to grow.
Is Smulyan’s NextRadio crusade near breakthrough?
The Emmis Communications Corp. CEO says widespread adoption of the service, which allows consumers to listen to terrestrial FM radio on smartphones, will usher in better times for the radio industry.
Probe, questions linger after Ball State loses $13M to fraud
The men who engineered the scams now are in federal prison. Meanwhile, Gale Prizevoits, who served as Ball State’s director of cash and investments from 2006 until her firing in 2011, stands disgraced but hasn’t been charged.
As oil prices go haywire, refiner Calumet sticks to playbook
Whether Calumet Specialty's depressed stock price combined with its rich quarterly dividend create a buying opportunity is the subject of intense debate among investors these days.
Feuding Hoosier Momma owners settle lawsuits
The legal battle among the owners of Hoosier Momma LLC has quietly been settled, which has led to the departure of Erin Edds, the founder who concocted the popular Bloody Mary mix.
How a dogged Muncie bank broke into top 10 in Indy
As of June 30, First Merchants Bank had amassed $958 million in deposits at 27 Indianapolis-area offices, placing it 10th, Federal Deposit Insurance Corp. data shows.
In Biglari’s latest showdown, he’s not the rabble-rouser
Minneapolis-based Groveland Capital LLC has filed notice that it will seek to replace Sardar Biglari and Biglari Holdings Inc.’s other five directors with its own nominees at the company’s annual meeting.
Simon launches retail startup competition
"Simon Launch" winners will receive cash, support and the opportunity to snag investments from the company's venture capital arm, which is deploying millions of dollars in startups.
Conner Insurance to invest $1M, add up to 23 workers
The expansion at Keystone at the Crossing would nearly double the insurance brokerage firm's Indiana workforce to 49.
WISH-TV scoops up CW affiliation for prime time lineup
The move will give Channel 8 network programming for its evening schedule after it loses its CBS affiliation at the end of the year.
Tenacity helped seal David Simon’s latest mega-deal
Just five days after Simon Property Group spun off its strip centers and smaller malls into Washington Prime Group, executives began plotting a multibillion-dollar acquisition.
After setbacks, Klipsch amps up focus on high end
The Indianapolis-based speaker maker is responding to challenges in its industry by returning to its roots—emphasizing premium products, including home speaker systems costing $2,500 to $10,000.
Hoosier Momma founders mixing it up in court
An inspiring story of three women who built Hoosier Momma into a hot business has taken an ugly turn, with the Brownsburg company launching a legal assault against the founder who dreamed up its signature Bloody Mary mix.
Settlement reached in Steak n Shake franchisee suit
It's not clear whether the settlement Steak n Shake has reached with St. Louis-based Druco Restaurants will give the franchisee more leeway on pricing.
Simon Property stock continues to defy drumbeat of doom
Since David Simon became CEO in 1995, Simon Property shares have posted a total return of 2,150 percent—a dazzling run extending nearly two decades.