Racing simulator lands real tax break for two-seaters
Legislature agreed to extend to Indy Racing Experience the same sales-tax exemption enjoyed by race teams.
IBJ Staff
Articles
Indiana basketball star returns to west-side community center
Steve Downing is now on the board of Christamore House, where he and others once honed their hoops skills.
PROXY CORNER: Emmis Communications Corp.
Emmis Communications Corp., One Emmis Plaza, 40 Monument Circle, Suite 700, Indianapolis, IN 46204 (www.emmis.com), is a media company that owns radio stations and magazines.
EDITORIAL: City benefits bill signals progress
Extending coverage sends message about inclusion.
UPS plans $10 million upgrade on northwest side
United Parcel Service Inc. is planning a $10 million modernization project for a regional transportation hub in Indianapolis and is seeking tax incentives to help make it happen. The project would help the company retain 750 local jobs.
Jackson Systems plans expansion, 32 jobs
Environmental control maker Jackson Systems LLC plans to expand its Beech Grove operations, almost doubling its work force and the size of its headquarters by 2014.
Technical engineering firm bought for $12 million
Indianapolis-based Productive Resources LLC, a privately held technical engineering firm, has been acquired for $12 million by Waltham, Mass.-based Lionbridge Technologies Inc., the companies announced Monday.
WellPoint buying 1-800 Contacts for about $900M
The Indianapolis-based health insurer said 1-800 Contacts is attractive partly because it has bigger profit margins than its core insurance business, The Wall Street Journal reported.
Bank seeks to foreclose on local apartment complex
The owners of Arbor Green Apartments on the city’s northeast side owe nearly $15.9 million on a 2008 loan, according to court documents.
Former Indiana chief justice joins IU institute
The university appointed Randall Shepard to a two-year term as its first executive-in-residence of its Public Policy Institute within the School of Public and Environmental Affairs. Shepard stepped down as chief justice in March.
Emmis hearing on shareholder plan continued
A federal judge wants Emmis to submit an amended proxy statement reflecting changes that would result from the proposal. The hearing will occur within 30 days of receiving the proxy.
Emmis hearing on shareholder plan continued
A federal judge said that Emmis needs to submit an amended proxy statement reflecting company changes that would result from the proposal before a hearing can be held.
NFP of NOTE: Boys & Girls Clubs of Indianapolis
Boys & Girls Clubs of Indianapolis believes that every young person deserves to live a life filled with hope and opportunity.
EDITORIAL: City sends message that design counts
Indianapolis’ urban design guidelines are intended to create an environment that is appealing to those who live, work and shop here. That, in turn, creates demand, providing an opportunity for future investment while protecting investments already in place.
ChaCha joins list of elite startups
Red Herring magazine’s annual list of top tech startups previously included the likes of Facebook, Google and Yahoo.
Former MTV anchor’s photos on display at Indianapolis Museum of Contemporary Art
IMOCA has history of building exhibits around pop-culture figures.