The price of a first-class postage stamp climbed 2 cents today, to 44 cents, and several other postal rates also rose. It’s the third straight year rates have gone up. Other increases that went into effect today: Postcard stamps rose 1 cent, to 28 cents; the first ounce of a large envelope rose 5 cents, […]
Normal 0 false false false MicrosoftInternetExplorer4 Batesville-based Hillenbrand Inc., which provides caskets and other products to the funeral industry, today said its fiscal second-quarter profit rose 19 percent compared with the same period a year ago. For the period ending March 31, Hillenbrand earned $27.8 million, or 45 cents per share, meeting analysts’ expectations. […]
Indianapolis-based White River Capital Inc. said today that profit in the first quarter fell 65 percent compared with the same period last year due to tough economic conditions. White River is the holding company for a pair of subprime auto-loan firms: locally based Union Acceptance Co. LLC and Virginia Beach, Va.-based Coastal Credit LLC. The […]
Normal 0 false false false MicrosoftInternetExplorer4 Normal 0 false false false MicrosoftInternetExplorer4 Normal 0 false false false MicrosoftInternetExplorer4 Conseco Inc. this morning reported a lower-than-expected profit of $24.5 million, or 13 cents per share, in the first quarter. That compares with a loss of $7.2 million, or 4 cents per share, in the same period […]
A strong economy requires risk-takers, and it is the bold and brash who will seize opportunities as the economy rebounds.
An AmeriCorps leadership program influenced by Michelle Obama’s work in Chicago is headed for Indianapolis. The program, called
Public Allies, would allow not-for-profit organizations to hire local young people, ages 18 to 30, for
full-time apprenticeships.
Fifth Third Bank is one of several lenders supporting a comprehensive resource for homeowners at risk of foreclosure. The
bank recently made a $10,000 gift to the Indiana Housing and Community Development Authority, a quasi-public agency.
Back when the automakers were on a roll, Powerway Inc. looked so promising that a public offering seemed around the bend.
Now Powerway itself is gone—at least in name.
The cost of nursing home care in Indianapolis is rising faster than in the rest of the country, according to an annual survey
of long-term-care costs by Virginia-based Genworth Financial.
Eagle Creek Aviation Services CEO Matt Hagans has taken delivery of the first of 17 Phenom 100 business jets from Brazilian
aircraft maker Embraer.
Indiana University basketball coach Tom Crean—and his connection to the Harbaugh family—will be the focus of a documentary
produced by NFL Films.
The Historic Landmarks Foundation of Indiana has added four structures and an architectural feature to its annual list of
the 10 Most Endangered Hoosier landmarks.
Fall Creek Bait & Tackle is closing after 42 years in business.
Tavern owners in Franklin will mothball their ashtrays next month following the passage of a smoking ban May 4. City councilors
voted 6-1 to make the ban one of the most restrictive in the state.
It’s a rainy Monday morning and Doug Clark is making a house call-an early but otherwise average start to his week. He parks in the circle driveway of a lookalike home in a suburban subdivision, grabs his black bag and, after a few brief raps on the door, is greeted by a middle-age housewife. She […]
