Banks look to pay more to retain employees
A survey found bank employees are changing jobs at the fastest pace in a decade, with non-officer turnover at 18.7 percent and officer turnover at nearly 7 percent.
IBJ Staff
Articles
PNC survey finds business owners are optimistic
Small and midsize business owners in Indiana expect the state’s economy will continue to grow at a slow and steady pace, even though they are dissatisfied with the economic plans of both presidential candidates, according to newly released data.
EDITORIAL: Candidates for governor need solid power plans
Republic Eric Holcomb and Democrat John Gregg each endorse an “all of the above” energy strategy. But we’d like to see the candidate for governor be more specific about how they’ll move Indiana beyond coal over the long term.
Indy-area airports receive $12.6M for upgrades, electric buses
The Indianapolis International Airport plans to purchase six electric shuttle buses, which would constitute the largest electric fleet at any U.S. airport.
UPDATE: Indiana State Museum announces $17.8M renovation project
The Indiana State Museum and Historic Sites plans to pump more than $10 million into the Indianapolis museum in White River State Park and more than $7 million into 11 historic sites it manages around the state.
Emmis to sell four Terre Haute radio stations
The announcement comes as Emmis CEO Jeff Smulyan continues to try to gain board approval for his $4.10-per-share offer to take the media company private. He has extended his offer three times, and it's now set to expire Friday.
Feds snag Mainscape owner in American Senior Communities probe
The U.S. Attorney’s Office in Indianapolis filed a felony count against Mainscape CEO Dave Mazanowski on Wednesday alleging he was a willing participant in a fraud and kickback scheme orchestrated by former American Senior Communities CEO James Burkhart.
UPDATED: Feds say ASC’s CEO, 3 others used kickbacks, shell firms to pull off massive fraud
An indictment unsealed Wednesday alleges former American Senior Communities CEO James Burkhart orchestrated a massive scheme that defrauded the nursing home company, its owner and federal health care programs out of more than $16 million.
Four indicted in American Senior Communities billing probe
Former ASC CEO James Burkhart was arrested at his Carmel home Wednesday morning. He, former Chief Operating Officer Dan Benson and two other men are expected to make initial court appearances within hours.
New restaurant planned for Circle City Industrial Complex
The Convivial Community Bar—slated to open in spring 2017—will be on the south end of the complex with a patio along East 10th Street, just off the Pogue’s Run Trail.
Indiana Landmarks mounts campaign to restore historic clock
Historic preservation not-for-profit Indiana Landmarks is leading a fundraising campaign to restore the 80-year-old “Ayres clock” mounted on the corner of Circle Centre mall at Washington and Meridian streets.
Community Hospital North shuts down 6 operating rooms
The hospital said Monday afternoon it had decided to voluntarily suspend the use of the operating rooms while it conducts air-quality tests.
Little League to pull central region HQ out of Indianapolis
The organization said it has put its Indianapolis headquarters at 46th Street and Mitthoeffer Road up for sale and has begun the process of identifying a new community "that suits are evolving needs."
Smulyan extends his Emmis buyout offer yet again
The additional extension might be a sign Smulyan and the board are at odds over price. In a letter to directors evaluating the deal, Smulyan offered no details, stating, “Our entire team looks forward to further discussions … to complete a mutually acceptable transaction.”
PROXY CORNER: HHGregg Inc.
Indianapolis-based HHGregg Inc. is a specialty retailer of home appliances, consumer electronics and furniture. It operates 226 stores in 20 states.
Waterfront Office Park sells
Colliers International has closed on the sale of Waterfront Office Park, a four-building complex that includes 201,276 square feet of Class B+ office space. The property is at 2611-2780 Waterfront Parkway East Drive, near the Interstate 465/Interstate 74 interchange in Speedway. Colliers announced the deal Sept. 30. The seller was New Boston Fund. The buyer’s […]
Phoenix Theatre raises $5.1M toward new complex
Officials said Wednesday they are launching a capital campaign to raise the final 40 percent of their fundraising goal. They also unveiled designs for the project by Indianapolis-based Ratio Architects.
Indy firm specializing in prescription discounts plans to hire 230
Rx Help Centers, which helps insured and uninsured patients extract discounts on brand-name and generic drugs, has grown rapidly since shifting its focus from individuals to employers last year.
Lilly’s Elanco unit buying pet-vaccine portfolio for $885M
The Indianapolis drugmaker's animal-health division is bulking up its companion-animal business by buying Boehringer Ingelheim International's U.S. feline, canine and rabies medications.