EDITORIAL: Autonomy crucial for IPS turnaround
With the election of three reform-minded candidates to the board of Indianapolis Public Schools, hope is renewed—once again—that the long-struggling district will become a city asset.
IBJ Staff
Articles
PROXY CORNER: Allison Transmission Holdings Inc.
Indianapolis-based Allison Transmission Holdings Inc. designs and manufactures commercial and military fully automatic transmissions and hybrid-propulsion systems for transit buses.
Angie’s List taps PR veteran
Angie's List Inc. has hired communications veteran Debra DeCourcy as its first vice president of corporate communications, PR Week recently reported.
Green BEAN Delivery expands to Kokomo
Indianapolis-based Grean BEAN Delivery will serve Kokomo through a partnership with Delphi Electronics and Safety.
Charities, what do you need most?
Indianapolis Business Journal’s annual Holiday Wish List will debut in the Dec. 1 issue and appear weekly though Dec. 22.
Ex-Center Township CFO pleads guilty in public theft case
Alan S. Mizen, 59, agreed to plead guilty to the embezzlement of $343,541 from Center Township. He could be sentenced to up to 10 years in federal prison.
Sports complex developer confirms financing woes
A developer that planned to open a $22 million hotel and indoor sports complex in Greenwood has officially suspended those plans after failing to find funding.
Carmel insurer reports smaller profit on investment losses
Carmel-based Baldwin & Lyons Inc. on Thursday reported a smaller profit in the third quarter despite writing a near-record number of premiums during the period.
Barnes & Thornburg installs new managing partner
Robert T. Grand, who led the local office of Barnes & Thornburg LLP, replaces Alan A. Levin as managing partner of the entire firm.
Kelley School economists expect stronger 2015
Economists from Indiana University Kelley School of Business say they are cautiously optimistic that 2015 will be the strongest year the economy has seen yet in its long, slow recovery from the Great Recession.
Kimball to move plant to Indiana, plans 160 new jobs
Office furniture maker Kimball International Inc. plans to sell its metal-fabrication facility in Post Falls, Idaho, and move the plant's operations to Indiana, creating up to 160 jobs by the end of 2016, the company announced Wednesday.
UPDATE: Outgoing Ballard not taking ‘foot off the pedal’
In an emotional address Thursday, Indianapolis Mayor Greg Ballard explained his reasons for not seeking a third term and promised not to take his last year lightly.
Democrats sweep Marion County elections
All the major races, including sheriff, prosecutor, clerk, auditor and recorder, were won by Democrats.
Politics
If history is any indication, turnout for the Nov. 4 election will be low north of 96th Street. That’s not a big shocker, since the May primary tends to be busier in the Republican stronghold. (If 12-percent turnout can be considered busy.) Nevertheless, voters still have a say in a number of races, including several […]
Washington Prime reports profit in first full quarter
The shopping center company, which was spun off from Simon Property Group Inc. in May, earned $38.8 million, or 21 cents per share, in the third quarter.
Private equity group confirms Herff Jones buyout
Charlesbank Capital Partners and Partners Group say the purchase—reportedly for $1.5 billion—ensures the educational-products company “has the capital structure, resources, and financial flexibility” to further expand.
Kite reports quarterly loss on acquisition costs
The real estate company’s loss of $16.4 million in the third quarter was due to costs from its $1.2 billion acquisition of Inland Diversified Real Estate Trust in July.
MEDIA & MARKETING
The Basement, a digital ad agency that has done work for the NCAA, Volkswagen, HP and other national brands, recently moved its office downtown, from Fort Benjamin Harrison. The move took place in early October, said Jacob Leffler, the president and co-founder. He said proximity to clients and greater space were the driving factors. The […]