It shouldn’t be any surprise that professional athletes are flexing their philanthropic muscles with increasing frequency, leveraging their wealth and fame to start tax-exempt entities of their own.
he Coalition for Homelessness Intervention and Prevention mobilizes, advocates and empowers community collaboration toward the elimination of homelessness.
The Indiana Department of Environmental Management says an inspection of the State of Indiana Forensic and Health Sciences Lab found open jugs of hazardous materials during an inspection.
The hospital system said it will expand its Medical Center Northeast facility to a 40-bed inpatient hospital. Construction is set to begin in September and should be completed by December 2012.
The Indianapolis-based real estate investment trust said it lost $29 million in its latest quarter, compared with a loss of $42.4 million in the same time frame a year earlier.
Celadon Group Inc. put together its best fourth fiscal quarter since 2006, with earnings doubling over the same period a year ago, to $5.5 million.
Second-quarter revenue for the Indianapolis-based company increased 18 percent, to $1.5 billion. The company attributed the gain to higher prices and stronger demand for its products.
The Indianapolis business-communications software firm reported second-quarter revenue of $52 million, up 34 percent from the same period last year. Profit grew 26 percent, to $6.3 million.
Iowa-based R3 Composites Corp. plans to establish a manufacturing center in the northeast Indiana town of Grabill, creating as many as 400 jobs by 2014.
Virginia-based Kearney & Co., an accounting firm that provides financial services for the federal government, will close its office at the Defense Finance and Accounting Services Center on the east side, resulting in the loss of 84 jobs.
After remaining stagnant in April and May, the state’s jobless rate rose one-tenth of a point in June.
Carmel-based IT consultant Allegient LLC plans to grow its central Indiana operations, adding as many as 42 jobs over the next five years.
It’s been a good month for the city’s old sports venues—some of which, in a relatively short time, went from being the darlings of the city’s amateur sports movement to easy targets for the wrecking ball.
The publication Online Media Marketing & Advertising noted that Indianapolis is home to about 70 companies in the sector.
Among the casualties is the downtown restaurant Hue and Carmel’s The Glass Chimney. El Rodeo, Eggshell Bistro and Hotcakes Emporium are among those opening locations in the area.
Midwest Title Loans prevailed in its lawsuit against the state, will collect $440,000.
Printing Partners is one of the top 10 corporate arts supporters in the nation, according to Americans for the Arts in Washington, D.C.
Indianapolis-based Noble Roman’s Inc. is a franchisor of Noble Roman’s Pizza and Tuscano’s Italian Style Subs restaurants. Some outlets are stand-alone, while others are in non-traditional locations, such as universities, convenience stores, travel plazas and military bases.
