IBJ Staff

I had friends who insisted for years that, when they went to Chicago, they had to go to Adobo Grill. When the restaurant opened up a location on Indy’s north side, those same friends, rather than celebrating, didn’t get around to dining there. And now that Adobo has moved downtown (its former space became the […]

The Capital Improvement Board, short of cash and doing whatever it can to remain solvent, is considering asking a group of original investors in Circle Centre mall to forgive $34 million they loaned the city toward the construction of Conseco Fieldhouse back in 1997. Fair enough. The companies that invested demonstrated they were civic-minded when […]

I had friends who insisted for years that, when they went to Chicago, they had to go to Adobo Grill. When the restaurant opened up a location on Indy’s north side, those same friends, rather than celebrating, didn’t get around to dining there. And now that Adobo has moved downtown (its former space became the […]

Circuit City’s demise was bad news for Indianapolis-based developer Kite Realty Group during the fourth quarter of 2008. Despite higher revenue, Kite suffered a $2 million loss in the period ended Dec. 31 due to the bankruptcy of the national electronics retailer, which had been the developer’s seventh largest tenant. The company released its quarterly […]

A jury has awarded a Lafayette woman $157 million dollars in a lawsuit against the makers of a tree stand that malfunctioned, leading to the death of her husband. Carol Simonton filed the lawsuit in February 2006, four months after her husband, Timothy Simonton, 42, was found hanging from a tree where he had been […]

Indianapolis police think wet roads caused a crash that forced a school bus into a Lawrence Township ditch yesterday. Officers say a pickup truck lost control on Fall Creek Road and slammed into the bus. All 15 Fall Creek Valley Middle School students on board were sent to the hospital. Two suffered minor injuries. The […]

Evansville-based utility Vectren Corp. reported profit of $37.1 million in the fourth quarter of 2008, a 7-percent dip compared with the same period the previous year. Profit for the quarter ended Dec. 31 was 46 cents per share, a penny short of analyst estimates. Profit for the entire year declined nearly 10 percent, to $129 […]

Parents could learn more tonight about the investigation into a fatal school bus accident at Spring Mill Elementary. The Washington Township superintendent and the school principal will hold a meeting for parents at the school at 7 p.m. A bus driver ran over Christopher Beltz, 10, early this month after dropping the boy off in […]

Your water bill could be going up soon. The Indianapolis Department of Waterworks Board of Directors is considering an emergency rate increase of 20 percent, which would translate to about $5 more each month for the average family. The board will meet at the City-County Building at 5:30 p.m. FOX 59 will have more at […]

Evansville-based utility Vectren Corp. reported profit of $37.1 million in the fourth quarter of 2008, a 7-percent dip compared with the same period the previous year. Profit for the quarter ended Dec. 31 was 46 cents per share, a penny short of analyst estimates. Profit for the entire year declined nearly 10 percent, to $129 […]

Circuit City’s demise was bad news for Indianapolis-based developer Kite Realty Group during the fourth quarter of 2008. Despite higher revenue, Kite suffered a $2 million loss in the period ended Dec. 31 due to the bankruptcy of the national electronics retailer, which had been the developer’s seventh largest tenant. The company released its quarterly […]

A male-oriented salon and spa across from Keystone at the Crossing has closed its doors for good. Co-owner Bernie Combs sent an e-mail to 4:59 barberlounge customers yesterday, saying the upscale salon was closing immediately after weeks of deliberation. “It has become quite clear that, while the concept is great and our clients love what […]