Foreclosed Ramada hotel up for auction
The hotel on the east side of Indianapolis near Interstate 465 and Pendleton Pike will go up for online auction on Tuesday with a minimum starting bid of $300,000.
IBJ Staff
Articles
Longtime CEO steps down at philanthropic consultancy
Johnson Grossnickle and Associates in Greenwood announced Wednesday that firm veteran Angela White will replace co-founder Ted Grossnickle as CEO.
Massive wind farm planned north of Indianapolis
A Chicago-based wind-farm developer is planning a $175 million farm about 45 miles north of Indianapolis that will span parts of Madison, Tipton, Grant and Howard counties.
INDOT seeks public input for state’s rail transportation plan
Freight and passenger rail are subject of long-range planning events.
Indianapolis among six cities to watch for emerging technology
New York, Boston, Chicago, Austin and Boulder, Colo., also cited.
Kanaan, Carpenter items boosting Indy 500 merchandise sales
Consumers open wallets for drivers who aren’t front-runners this year.
Lululemon Athletica, Five Below to open Indianapolis stores
Yoga apparel specialist, store geared toward teens plan local presence.
Indianapolis Symphony ventures into Zionsville
Horse farm owner Elizabeth Johnson extended an invitation to play, and local businesspeople and volunteers have been selling concert tickets.
PROXY CORNER: Interactive Intelligence Inc.
Indianapolis-based Interactive Intelligence Inc. develops communications and interactions-management software.
EDITORIAL: Nordstrom loss not death knell for downtown
The news that Nordstrom Inc. will close its Circle Centre mall store July 31 is proof that the suburbs still rule where retail is concerned, but it shouldn’t signal a repeat of the gradual decline downtown suffered when merchants began leaving the city’s core in the 1950s.
HHGregg’s profit, revenue rise, but same-store sales fall
Indianapolis-based HHGregg boosted its fourth-quarter profit thanks to 42 stores that opened during 2010, off-setting decreased sales at retail locations operating for more than a year.
Merrillville-based bank targets Carmel
Centier Bank, a financial firm with 45 branches in northwest Indiana, has opened a business banking office in Carmel and is considering future expansion in the Indianapolis-area market.
Auburn auction school acquired, moving to Indianapolis
Auctioneer Melissa Davis and her father, Jack Christy, owner of Christy’s of Indiana Inc., have purchased the 90-year-old Reppert Auction School and are relocating it to Indianapolis.
State’s jobless rate falls again, to 8.2 percent
Despite a decrease in private sector jobs, Indiana’s unemployment rate in April dropped 0.3 percentage points, to 8.2 percent, the lowest it’s been since December 2008.
Report: Southwestern Indiana a broadband backwater
Federal data shows no more than 20 percent of residents in Gibson County have basic broadband Internet service.
MZD signs agency deal with Lucas Oil Raceway
Firm will handle advertising, marketing and digital promotions for the track formerly known as Indianapolis Raceway Park.
Ener1 stock takes beating after Think write-down
The battery maker has been hurt by slow sales of electric car manufactured in Elkhart.