Former mayor Goldsmith joins new consulting practice at BKD
Former Indianapolis Mayor Steve Goldsmith has been hired by national accounting powerhouse BKD LLP to lead a new public sector consulting practice, the firm announced Wednesday.
IBJ Staff
Articles
Court upholds Emmis victory in unpaid-dividends case
A group of preferred shareholders had argued the Indianapolis company used a succession of illegal, sham transactions to wipe out tens of millions of dollars in dividend obligations.
Salin Bank gets a new CEO
James P. Alender has taken over as CEO of Indianapolis-based Salin Bank & Trust Co., a family owned bank with 19 branches and assets of more than $750 million.
NFP of Note: Dress for Success Indianapolis
Dress for Success Indianapolis promotes the economic independence of disadvantaged women by providing professional attire, a network of support, and career development tools to help women thrive in work and in life.
EDITORIAL: Design is key for Pulliam Square
In the case of Pulliam Square, Indianapolis must be extraordinarily vigilant. The city’s own design guidelines call for special scrutiny of buildings that face the five-block stretch of parks and memorials.
Food manufacturer plans $110M expansion of local plants
Chicago-based Ingredion, which makes starches, sweeteners, texturants and nutritionals, is seeking city tax incentives to help it pay for major investments in its south-side operations.
Former Ovation CFO arrested on multiple theft charges
The former chief financial officer for Ovation Audio-Video Solutions LLC has been arrested and charged with more than 20 counts of theft for allegedly misappropriating about $600,000 in company funds for his own use.
Produce distributor Caito plans $14.7M expansion, 342 jobs
Caito Foods Service Inc. is seeking tax abatements from the city to help offset the cost of building and equipping a major new distribution facility on the city’s east side.
IBJ receives 7 awards in national journalism contest
The only newspapers to win more awards than IBJ were Crain’s Chicago Business, Crain’s New York Business and the Los Angeles Business Journal.
Citizens Energy seeks another rate hike for water customers
The utility, which provides water to about 400,000 homes and businesses in the eight-county Indianapolis area, said average residential bills would rise from $30 per month to $36 if it receives approval for the 20-percent hike.
PROXY CORNER: Remy International Inc.
Remy International Inc., 600 Corporation Drive, Pendleton 46064, manufactures starters, alternators and electric motors for vehicles.
Finish Line off to strong start in latest fiscal year
The Indianapolis-based retailer of athletic apparel posted earnings that exceeded analyst expectations, as profit and revenue both grew in the quarter ended May 30.
Huntington leaving IPL’s top job to join OneAmerica
Kelly Huntington, president and CEO of Indianapolis Power & Light Co., has stepped down to become senior vice president of enterprise strategy at OneAmerica Financial Partners Inc., the companies announced Thursday.
State looks within to fill securities commissioner post
Alex Glass will be sworn in as securities commissioner on July 1, replacing interim commissioner Brandon Clifton, who has been filling the role for the past month after the abrupt resignation of Carol Mihalik.
Residential Real Estate: Marketplace
Housing Sales May 1 – July 31 IBJ.COM EXTRA For a detailed table of recent housing sales activity, click here The Indianapolis-area housing market is marching in tune with the so-called Goldilocks economy—not too hot, not too cold, said F.C. Tucker Co. President Jim Litten. With 4.3 months of available inventory, it’s nearly a […]
Public safety director Riggs leaving for IUPUI position
Indianapolis Public Safety Director Troy Riggs is stepping down to become director of public safety outreach at the Indiana University Public Policy Institute at IUPUI, the university announced Wednesday.
Angie’s List lawsuit charges Amazon stole trade secrets
The federal lawsuit says Amazon took shortcuts in building a direct competitor to Angie's List by having employees sign up as members of the Indianapolis-based consumer reviews company and then illegally downloading lists of service providers and other information.
Long-time chairman of Lilly Endowment dies at age 86
Thomas Lofton, who died Friday, provided legal counsel to the Indianapolis foundation for decades before becoming its chairman in 1993.