Three entrepreneurs from the medical and software realms are herding angels to invest in upstart life sciences companies in Indiana. StepStone Angels won’t be a fund, per se, but a membership-based group that brings together wealthy investors and slides promising companies their way for evaluation.
FinishMaster Inc. today reported a $1.6 million profit in the fourth quarter, down nearly 30 percent from the same period in 2007. Sales decreased 7.6 percent, to $108 million, in the quarter ended Dec. 31 due entirely to same-branch sales declines, the Indianapolis-based automotive paint distributor said. “Economic conditions throughout the United States continued to […]
The Center Grove School Board voted unanimously last night to indefinitely postpone a $142 million school renovation plan, according to the Johnson County Daily Journal. The school district south of Indianapolis had been planning to hold a referendum on the proposed plan in May. The project would upgrade the high school, consolidate elementary schools in […]
Conseco Inc. today delayed for another two weeks the filing of its annual report while it continues to provide information and analysis to try to satisfy concerns its auditor has about the company’s health. Carmel-based Conseco announced March 2 that its auditor, PricewaterhouseCoopers LLC, might issue a “going concern” warning in Conseco’s annual report because […]
The United Way of Central Indiana announced this morning that it plans to cut funding to the agencies it supports by as much as 10 percent in the wake of steep endowment losses. Further, the organization is putting a one-year halt on certifying new agencies to protect existing agencies from further reductions, it said. The […]
Indianapolis Mayor Greg Ballard today granted seven-year renewals to two charter schools and issued a conditional extension to a third. Christel House Academy and Flanner House Elementary School received full renewals. The mayor issued Fall Creek Academy a two-year extension tied to specific performance parameters that the school must meet before it can reapply for […]
Marion County prosecutors expect to file formal charges tomorrow against a north-side Indianapolis man accused of beating a 14-month-old girl last week for more than an hour before she died. Tayaun Chism, 18, also is accused of attacking the girl’s mother when she tried to intervene. Doctors at St. Vincent Hospital took the victim, Lilianna […]
Police have two people in custody after a shooting near West Washington and West Ohio streets at about 3 a.m. The unidentified male victim was taken to Wishard Hospital in critical condition with gunshot wounds to his stomach and arm. Officers said they found a pistol and assault rifle in the victim’s house.
Two teams will represent Indiana in this year’s NCAA Men’s Basketball Tournament. Purdue University grabbed an automatic bid and fifth seed by beating Ohio State in the Big Ten tournament final yesterday. The Boilermakers take on 12 seed Northern Iowa at 2:30 p.m. Thursday. Butler University, in the tournament with an at-large bid, is seeded […]
A forensic anthropologist will work on identifying charred remains found in a Morgan County woods over the weekend. Police think they belong to Walter Sartory, 73, who was last seen Feb. 15 in Hebron, Ky. On Saturday, police arrested Willa Blanc, 47, of Union, Ky., and her son, Louis Wilkinson, 27, at a Cincinnati-area motel. […]
The Estridge Cos., a well-known Carmel-based residential construction firm, is teaming with popular TV show “Extreme Makeover: Home Edition” to build a home for an Indianapolis-area family. Representatives from Estridge and Indianapolis Mayor Greg Ballard discussed the partnership this morning at a press conference at the City-County Building. The Indianapolis episode of “Extreme Makeover: Home […]
The expected closure of two area automotive supply plants in May will result in the loss of more than 200 jobs. Sumco Inc. notified the state Friday that it would close its metal-plating operation in Indianapolis on Girls School Road on May 12, if a buyer for the plant cannot be found. The closure would […]
The Estridge Cos., a well-known Carmel-based residential construction firm, is teaming with popular TV show “Extreme Makeover: Home Edition” to build a home for an Indianapolis-area family. Representatives from Estridge and Indianapolis Mayor Greg Ballard were scheduled to discuss the partnership this morning at a press conference at the City-County Building. The Indianapolis episode of […]
Now that Medicare is calling for all doctors it deals with to use electronic medical records by 2015, the trend of physicians’
merging with hospitals or larger groups could hasten.
United Way of Central Indiana CEO Ellen Annala is thankful for the $38.8 million in pledges to its annual campaign, although it didn’t quite reach its $40 million fund-raising goal.
The West Coast fast-food stalwart Jack in the Box is looking to expand to Indianapolis this year.
The Reeve foundation is supporting the Brawlers this year with a $16,645 grant to Rehabilitation Hospitals of Indiana Sports
Program.
Local merchandiser MainGate Inc. inked its fourth deal with an NFL team in less than a year.
Poet Biorefining has four more Indiana ethanol plants on the drawing board, but they’ll stay on paper until capital markets
and demand for the biofuel improve, an executive of the South Dakota company said on a recent trip to Indianapolis
