Articles

EDITORIAL: Glick’s legacy is wisdom, generosity, optimism

Celebrated businessman, philanthropist and mentor Eugene Biccard Glick, who died Oct. 2 at 92, leaves behind a path of good work and generosity much longer and wider than the Indianapolis Cultural Trail, the acclaimed downtown recreational amenity to which he and his late wife, Marilyn, donated $17 million and their names in 2006.

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ARCHITECTURE

The principals of ArcDesign have completed their purchase of the 12,000-square-foot building at 201 N. Delaware St., the architecture and interior design firm announced Oct. 1. ArcDesign, at 8 W. Louisiana St. across from Union Station, plans to move in February following the completion of an extensive renovation. Principals of the 20-employee firm bought the […]

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Wheeler Mission lands $1M grant to help with expansion

Wheeler Mission Ministries Inc. said Wednesday that it has received a donation from the Nina Mason Pulliam Charitable Trust that will allow it to start construction on a new facility next to its shelter at 520 E. Market St. in downtown Indianapolis.

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City delays decision on Broad Ripple project

Due to absences on the Indianapolis Metropolitan Development Commission, attorneys for both sides of the issue on Wednesday agreed to continue the controversial rezoning request to the group’s Oct. 16 meeting.

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Izod dropping IndyCar Series sponsorship

The apparel brand Izod is dropping its partnership with the IndyCar Series after the conclusion of the 2013 season, leaving the open-wheel racing series without a title sponsor.

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Auction lands $2.1 million for Elona Biotech assets

Elona went into receivership in June after Greenwood officials filed a foreclosure lawsuit against the firm. The company failed after receiving more than $8 million in economic development incentives from the city over the past three years.

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Finish Line shares surge after jump in profit

New products from apparel makers such as Nike helped drive up earnings 6.1 percent in the fiscal second quarter, the Indianapolis-based retailer announced Friday morning. A deal with Macy’s also is paying off.

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PROXY CORNER: KAR Auction Services Inc.

KAR Auction Services Inc., 13085 Hamilton Crossing Blvd., Carmel 46032, is the holding company for ADESA Inc., which operates used-vehicle auctions at 67 locations; Insurance Auto Auctions Inc., which operates salvage auctions at 163 locations; and Automotive Finance Corp., which provides floorplan financing at 104 locations.

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IndyCar to run road race at Speedway in May

The unusual move will mark the open-wheel series’ first race on the hallowed track’s winding interior course. And it’s the highest-profile break from tradition yet in the tenure of new Hulman & Co. CEO Mark Miles.

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