Eiteljorg, Indianapolis Symphony pull in new visitors
Exhibit, grant power audience development initiatives.
IBJ Staff
Articles
EDITORIAL: Consider tapping bank fund to ease budget woes
As reported in a front-page story in last week’s IBJ, the $250 million public deposit insurance fund has not been tapped in nearly 20 years.
Emmis pitching in on breach-of-contract lawsuit
Emmis Communications Corp. will contribute $200,000 toward legal fees in a lawsuit that company founder Jeff Smulyan’s JS Acquisition LLC filed over its failed effort to take the Indianapolis-based media company private.
Rolls-Royce scores $49M military contract
Rolls-Royce Corp.’s Indianapolis operation is finishing the year out the way it started—racking up lucrative military deals.
State’s big polluters spewed less last year
EPA data show an 18 percent decrease in toxic emissions among big manufacturers and electric utilities, but it’s unclear to what degree better practices—or the slow economy—had on declining levels.
ITT Educational OKs bonuses to keep managers in place
Carmel-based ITT Educational Services Inc.’s management team will get special cash bonuses if they remain with the company until the end of June, ITT disclosed in a regulatory filing last week.
Indiana Seed Fund makes 11th investment
A $250,000 investment in Aarden Pharmaceuticals will go toward advancing tuberculosis therapy through the pre-clinical development stage.
EDITORIAL: Our wish list for next year
We don’t expect all our holiday wishes for the New Year to come true. We’re not that naïve. But in this season of hope, we’d like to offer these familiar refrains—and end with some proof that dreams do, sometimes, come true.
Rolls-Royce, Raytheon win $154M in military contracts
A pair of Indianapolis military contractors scored new government deals worth a combined $154.4 million, the Department of Defense announced late Wednesday.
CIB seeking bids for stadium, convention security
Request for proposals calls for providing 24-hour security at both Lucas Oil Stadium and the Indiana Convention Center, as well as providing armed guards for special events. The CIB plans to award contracts in mid-March.
PROXY CORNER: First Merchants Corp.
Muncie-based First Merchants Corp. operates about 80 banking offices, nearly all in Indiana.
Centerfield invests in California company
Centerfield Capital Partners’ investment in Fresh Food Concepts Inc. is the 12th deal from the local venture capital firm’s second fund.
Skillman won’t run for governor’s seat in 2012
Lt. Gov. Becky Skillman issued a statement Monday morning announcing that “minor” health issues will keep her from running for Indiana governor in 2012.
Duke Realty planning $967M in property deals
The Indianapolis-based real estate investment trust said it will sell 3.1 million square feet of suburban office space for $516.7 million and buy 4.9 million square feet of mostly industrial space for $450 million.
Deal saves Carmel, Fishers commuter bus routes
The service, funded for the last three years by a federal grant that expires on Dec. 31, 2010, was set to end on that date unless new arrangements could be made.
Airport consultant presents long-term land-use plan
Much-hyped study won’t portend immediate investment, but will help steer development on and around airport through 2040.
State unemployment rate dips to 9.8 percent
Indiana’s jobless rate dropped for the second month in a row and has decreased four-tenths of a point since hitting 10.2 percent this summer.