IBJ Staff

Indiana-based manufacturer Philips Products Inc. is ceasing operations, a move that will put 675 people out of work at plants in six states. The closure will cost 250 jobs in its headquarters city of Elkhart, which has seen its unemployment rate reach about 18 percent with the collapse of the RV industry. The company says […]

It has been almost one year since severe flooding left thousands of Hoosiers with damaged or destroyed homes. The floods hit hardest in Johnson County, forcing the city of Franklin to bulldoze dozens of ruined houses. To mark the one-year anniversary, Johnson County Commissioners, fire and police chiefs and other city officials talked to the […]

Indiana State Fair officials are looking to fill 800 positions with a job fair at the Pioneer Our Land Pavilion at the fairgrounds from 4 p.m. to 7 p.m. Most of the jobs are temporary, covering the 17-day span of the fair in August. Pay is about $7.25 an hour.

Police say they have two men in custody who fired shots at a house on the west side of Indianapolis just after midnight. Undercover detectives were investigating an earlier incident near Hazelhatch Drive and Lambdin Court when a car pulled up and the three young men inside started firing on a house, which was empty. […]

The Blue Angels flew into Indianapolis this morning. The Navy’s world-famous stunt pilots are in town for a weekend performance at the Indianapolis Air Show, which begins tomorrow at the Mount Comfort Airport and runs through Sunday.

Fort Wayne Foundry Corp. notified state officials this week that it will close a plant in Fort Wayne and another in nearby Columbia City, leaving 461 workers jobless. The company plans to close the plants by the end of the month. The Fort Wayne machining division employs 174 and the Columbia City division 287. The […]

Indianapolis-based Eli Lilly and Co. might make a play for one of the animal-health businesses that Merck & Co. Inc. now plans to divest. A spokeswoman for New Jersey-based Merck told the Wall Street Journal yesterday that the company plans to sell one of the two animal-health divisions it controls after its purchase of Schering-Plough […]

Five Indianapolis not-for-profits learned yesterday that they will receive a total of $5 million in funding from the state’s Neighborhood Stabilization Program. Southeast Neighborhood Development Corp. will receive $1.3 million. John H. Boner Community Center, King Park Area Development Corp. and Riley-Newport Area Development Corp. each will get $1 million, and Near North Development Corp. […]

Normal 0 false false false MicrosoftInternetExplorer4 Patrick Rooney, who helped turn IUPUI’s Center on Philanthropy into a premier research center, has been chosen as its executive director, IUPUI Chancellor Charles Bantz announced today. Rooney is an economist who became the center’s first full-time research director in 1999. He has been serving as interim executive director […]

Normal 0 false false false MicrosoftInternetExplorer4 WellPoint Inc. executives “explored” a plan to take the company private, its chief financial officer told investors today, according to a Reuters report. Because the stock price of the Indianapolis health insurer has been so low, its leaders considered using its own cash and lots of debt to help […]

Normal 0 false false false MicrosoftInternetExplorer4 Libertarian Party stalwart Andy Horning, who ran for Indianapolis mayor in 1999 and Indiana governor in 2000 and 2008, is leaving the state for a job in Texas, the party announced today in a press release. Horning, 50, has been the Libertarian Party of Indiana’s best-known torchbearer and most […]

Normal 0 false false false MicrosoftInternetExplorer4 Indianapolis-based Ice Miller LLP has the highest percentage of female equity partners among the nation’s most profitable law firms, according to the June issue of The American Lawyer magazine. More than a quarter – 27.3 percent – of Ice Miller’s partners who have an ownership stake in the firm […]

The Metropolitan Development Commission will hold a hearing today to discuss a proposal for a $65 million development adjacent to the former site of Market Square Arena. Developers want to create an apartment complex with 600 units and retail space. The proposal calls for the project to start within 12 months and be completed within […]

Indianapolis-based Ice Miller LLP has the highest percentage of female equity partners among the nation’s most profitable law firms, according to the June issue of The American Lawyer magazine. More than a quarter – 27.3 percent – of Ice Miller’s partners who have an ownership stake in the firm are women. That’s tops among the […]

The NCAA wants to give schools an economic break. The college sports governing body announced it will suspend membership dues for the next school year. It also hopes to save about $500,000 by holding most of its future committee meetings in its headquarters city of Indianapolis. Some meetings are currently held in the city, but […]

Indiana homeowners, business owners and car owners are assessing the damage from yesterday afternoon’s severe weather. The storms dropped baseball-sized hail in some spots, including hard-hit Hamilton County, where winds of up to 60 mph downed trees and power lines. Now a lot of Hoosiers, especially in the Fishers area, are ready to get the […]