CNO Financial expects to take $20M legal charge
The charge stems from a legal dispute involving changes in some life-insurance policies sold by subsidiary Conseco Life Insurance Co.
IBJ Staff
Articles
Participation in annual Komen event off 28 percent
Participation in Saturday's Central Indiana Race for the Cure in downtown Indianapolis dropped about 28 percent from last year's event, to 27,126. Last year's race, held on a cold, rainy day, drew 37,450 people.
Rose-Hulman president dies suddenly
Matt Branam, 58, died Friday morning after being transported from his office to a hospital. The 1979 graduate of the school returned in 2009 to serve as president.
Integra Specialty Hospital in Muncie closing
Seventy-two employees will lose their jobs when the 32-bed long-term-care facility shuts down on June 17. The company that operates the hospital did not provide a reason for the closing.
State’s unemployment rate dips to 8.2 percent
Indiana’s jobless rate is the lowest it’s been since December 2008 and matches the national jobless rate for March, also at 8.2 percent.
Mayor signs tougher public smoking ordinance
The ordinance, which takes effect at 6 a.m. on June 1, expands existing citywide restrictions against indoor public smoking to include bowling alleys, hotel rooms and most bars.
EDITORIAL: White’s plan for IPS lacks vision, innovation
Indianapolis Public Schools chief Eugene White projected a defiant tilt toward the status quo.
Castleton Square will get new stores catering to youth
Forever 21 is more than tripling its square footage at the north-side mall by taking the former Borders bookstore space.
Motley Fool puts Angie’s List IPO on its ‘toxic’ list
Investor site pans companies whose stock advanced in spite of years of losses.
NFP OF NOTE: Horizon House
Horizon House provides direct support to persons who are homeless.
Austin, Indianapolis comparable across range of tourism benchmarks
Many Austin attractions are related to its music scene and its status as a state capital and the home of the University of Texas.
Manufacturer plans distribution center in Plainfield
Wisconsin-based Regal Beloit Corp. has hired Browning/Duke Realty to build a 376,000-square-foot distribution center in Plainfield, the company announced Tuesday.
Finish Line to sell Special Olympics merchandise
The agreement to sell the organization’s items online and in stores is part of a multiyear partnership in which Indianapolis-based Finish Line has agreed to lend support to Special Olympics.
City-County Council OKs new smoking-ban proposal
The City-County Council voted 20-9 Monday night to approve another proposal that would strengthen Indianapolis' public smoking ban.
Indiana Live to be renamed Indiana Grand Casino
The move is the latest fallout from the racino's legal tangle with Maryland-based Cordish Cos., which managed the venue from its opening in 2008 until 2010.
Lakes of Carmel apartment complex sold
The 324-unit Lakes of Carmel apartment complex has been sold, a real estate broker involved in the sale announced Friday. Terms of the sale were not announced, but the property was previously sold in 2006 for $21.8 million.
Area homes sales rise for 11th straight month
Purchase agreements in the nine-county area increased 4.9 percent over March 2011. Existing home sales were up 13.3 percent in the first quarter of 2012 and have recorded year-over-year improvements for 11 straight months.
Mansfield-King lands state incentives for expansion plan
The Indianapolis-based manufacturer and distributor of personal care products plans to add the 144 jobs by 2016 as part of a $3.4 million expansion.