Local fundraiser sentenced to four years for mail fraud
An Indianapolis man who operated two fundraising organizations that solicited thousands of dollars under false pretenses has been sentenced to four years in federal prison.
IBJ Staff
Articles
Fishers to halt bus subsidy in May, leading to cancellation of route
Fishers has paid out about $35,000 since agreeing to subsidize the commuter route to downtown Indianapolis last year.
Mayoral candidate Hogsett names policy team
Joe Hogsett's policy team includes a mix of party activists, current and former elected officials, businesspeople and past state administration officials.
Former ExactTarget exec joins board of hc1.com
Tim Kopp’s move comes on the heels of hc1.com’s reporting that new customers more than tripled from 2013 to 2014 and that subscription revenue has grown for 15 consecutive quarters.
Lilly Endowment boosts school helping kids with dyslexia
Fortune Academy, a Lawrence school serving children from first through 12th grades with such learning differences as dyslexia and ADD, has received a $500,000 grant from Lilly Endowment Inc.
Simon posts strong quarterly, annual earnings
Quarterly profit grew to $405 million, as occupancy in Simon Property Group’s retail properties increased to 97.1 percent, a company record for year-end occupancy.
Records
Announcements Becky Gilbert is new owner of Paris Salon at 104 E. Carmel Drive. Phone: 844-4014; facebook: https://www.facebook.com/newparissalon. Michelle Boyd and Michelle Travis have launched m2 Performance Strategies, a consulting firm focused on association management sales and marketing consulting, event planning and community engagement designed to accelerate economic growth. Contact Michelle Boyd at 919-4943; mb@m2performancestrategies.com; […]
EDITORIAL: Refocus outrage over Pence’s Just In news agency to watchdog work
Critics of Gov. Mike Pence’s proposed news service, Just IN, should now redirect their energy in support of three bills in the Legislature that would encourage government agencies to operate in the open—a critical ingredient for a factual, fair and independent press.
PROXY CORNER: KAR Auction Services Inc.
Carmel-based KAR Auction Services Inc. is the holding company for ADESA Inc., which operates used-vehicle auctions at 65 locations, Insurance Auto Auctions Inc., which operates salvage auctions at 164 locations, and Automotive Finance Corp., which provides floorplan financing.
Hyatt Regency Indianapolis acquired by joint venture
The city's fourth largest hotel has been acquired by a joint venture of Davidson Hotels & Resorts and Silverpeak Real Estate Partners, the companies announced Monday.
Digital billboards vote delayed until April
After three hours of discussion, a controversial proposal to lift Marion County’s ban on digital billboards was postponed without a vote Monday night.
Lathrop stepping down as president of CIB
Ann Lathrop is leaving her position of president of the Capital Improvement Board, Mayor Greg Ballard's office said late Monday afternoon in a written statement.
ArcelorMittal to lay off 304 in steel plant closing
The company said it would idle its Indiana Harbor Long Carbon facility March 1 and shut down its rolling mill in the next three months. Both facilities are in East Chicago.
Franklin College names choice to succeed Moseley
Franklin College has chosen Thomas J. Minar, the vice president of development and alumni relations at American University, as its 16th president, it announced Friday.
NFP of NOTE: Second Helpings Inc.
Second Helpings transforms lives through the power of food.
Activist to Biglari board: Shape up corporate governance
Groveland Capital, which owns shares in Steak n Shake parent Biglari Holdings Inc., says it is offering to withdraw its slate of directors if Biglari’s board adopts the governance demands it has submitted.
CNBC’s ‘American Greed’ to profile Tim Durham
The show, which airs at 10 p.m. Thursday, follows Durham’s path from his modest roots in Seymour, Indiana, through his quest to become the world’s richest businessman to his arrest and conviction for running a $200 million Ponzi scheme.
Potbelly, Soupremacy owner joins race for mayor
Local Republicans are hoping history repeats itself with their new candidate to replace Mayor Greg Ballard. Chuck Brewer, a decorated Iraq War veteran and the owner of two downtown restaurants, announced his candidacy Monday.
Law firm merger activity remained strong last year
The number of law-firm mergers and acquisitions across the country fell slightly last year, though marriages in the legal community still remained strong.