IBJ Staff

Duke Realty Corp. plans to sell 65.4 million common shares in a public offering in order to repay loans under its unsecured line of credit, the Indianapolis-based company announced yesterday afternoon. Duke today priced the offering at $7.65 per share, and said it hopes to raise $479.8 million in net proceeds. The company will reduce […]

TechPoint today announced the finalists for its annual Mira Awards, which honor the state’s top-performing companies, schools and individuals in technology-related pursuits. Four panels of independent judges narrowed a record number of nominees down to 63 finalists in 11 categories for the technology-focused business-development group’s 10th annual honors. The winners will be announced May 16 […]

Bargersville firefighters spent more than an hour last night battling a fire that continued to smolder six hours later at the RMP Rubber Mulch storage building across the street from their fire station. The fire gutted the Johnson County building after engulfing 40,000 pounds of mulch.

TechPoint today announced the finalists for its annual Mira Awards, which honor the state’s top-performing companies, schools and individuals in technology-related pursuits. Four panels of independent judges narrowed a record number of nominees down to 63 finalists in 11 categories for the technology-focused business-development group’s 10th annual honors. The winners will be announced May 16 […]

Protesters are planning a modern-day tea party on the steps of the Indiana Statehouse today from 4:30-6:30 p.m. Organizers of the event expect about 8,000 people to attend the event to voice opposition to irresponsible government spending. More than 700 similar events are scheduled around the country, including at least 10 in Indiana. Fox 59 […]

More than 50 speakers are expected to participate in a three-day conference about U.S.-China business relations that kicked off today in Indianapolis and finishes Thursday and Friday in Bloomington. Huang Ping, consul general for the People’s Republic of China in Chicago, Indiana University President Michael McRobbie and Indianapolis Mayor Greg Ballard are among those scheduled […]

Two people are in custody after police say they slammed a car into an Indiana state trooper’s home last night about 10:30 in the 1700 block of Pleasant Run Parkway in Indianapolis. Investigators think the driver of the car had been drinking before the crash. He and a female passenger allegedly left the car and […]

More than 50 speakers are expected to participate in a three-day conference about U.S.-China business relations that kicks off tomorrow in Indianapolis and finishes Thursday and Friday in Bloomington. Huang Ping, consul general for the People’s Republic of China in Chicago, Indiana University President Michael McRobbie and Indianapolis Mayor Greg Ballard are among those scheduled […]

Police say an Indianapolis man was shot in the head in a case of mistaken identity just before midnight in the 2300 block of Dr. Martin Luther King Jr. Street. Investigators say the woman who lives at that address heard someone on the porch and fired at the man because she thought he was trying […]

State senators today are expected to vote on a plan to bail out the city’s struggling Capitol Improvement Board. The proposal is similar to the one introduced yesterday by Indianapolis Mayor Greg Ballard. Ballard wants the General Assembly to allow Marion County to raise alcohol and car-rental taxes. Fox 59 will have more at 10 […]

Lawrence Green, the man accused in the beating death of 3-year-old TaJanay Bailey in November 2007, entered a guilty plea yesterday. Green agreed to accept a 65-year plea agreement under the deal between prosecutors and defense lawyers. The victim’s mother, Charity Bailey, has already pleaded guilty to felony neglect charges.

The Anderson Community School Board meets tonight to discuss ways to trim the budget as the district works to make up a $5 million deficit. At least three officials in the district office have opted for early retirement, including Superintendent Mikella Lowe. The meeting begins at 6 p.m. in the Wigwam Auditorium.

Bill Oesterle, co-founder and CEO of Indianapolis-based Angie’s List, has donated $1 million to Purdue University to create the school’s first endowed professorship in information technology, the university announced today. The professorship, named the Olga Oesterle England Professorship of Information Technology, will first be held by Gerry McCartney, Purdue’s chief information officer. Oesterle, a Purdue […]

United Way of Central Indiana announced this morning that it would provide $1.3 million to two local housing projects as part of Indianapolis’ Blueprint to End Homelessness campaign. A $1 million grant to the Julian Center for abused women will help construct 71 permanent housing units at 34th and Meridian streets. United Way also will […]

United Way of Central Indiana announced this morning that it would provide $1.3 million to two local housing projects as part of Indianapolis’ Blueprint to End Homelessness campaign. A $1 million grant to the Julian Center for abused women will help construct 71 permanent housing units at 34th and Meridian streets. In 2001, United Way […]

Indianapolis-based Fortune Industries Inc. managed a small profit in its second quarter even after the sales of subsidiaries drastically cut revenue, the company announced this morning. Revenue for the quarter ended Feb. 28 fell to $16.4 million, compared to $41.9 million in the same period a year ago – a 61-percent decrease. Fortune, a professional […]

ArcelorMittal SA plans to shut down steel-bar operations at its East Chicago plant, resulting in layoffs for 400 employees, the Chicago Tribune reported yesterday. The layoffs of both union and non-union workers affect 8 percent of the plant’s work force, the newspaper said. The closure will be indefinite. Luxembourg-based ArcelorMittal produces about 10 percent of […]

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 Bill Oesterle, co-founder and CEO of Indianapolis-based Angie’s List, has donated $1 million to Purdue University to create the school’s first endowed professorship in information technology, the university announced today. The professorship, named the Olga Oesterle England Professorship of Information Technology, will first be held by […]

A major section of Keystone Avenue in Carmel is now closed for construction. Keystone between 131st Street and U.S. 31 will remain shut down for about 45 days. Carmel city leaders say the closure will help save more than a half-million dollars in construction costs and allow the new Keystone-136th Street interchange to open before […]