The Finish Line Inc. has hired the former chief financial officer of national bookstore chain Borders Group Inc. to take the same position at the Indianapolis-based athletic footwear and apparel retailer. Edward W. Wilhelm, 50, joined Ann Arbor, Mich.-based Borders in 1997 after a four-year stint at Troy, Mich.-based Kmart Corp. He will take over […]
Nearly 120 employees at Dexter Axle Co. in Elkhart will lose their jobs when the plant closes May 25. Executives of the axle supplier informed the state of the plant’s closing on Friday. The company was founded locally in 1960 and is a subsidiary of London-based Tompkins PLC. The demise of Dexter is the latest […]
An Indiana money manager accused of trying to fake his death in a plane crash to flee mounting legal and financial woes has taken another hit. An administrative law judge has ordered Marcus Schrenker to pay $304,000 in restitution to bilked investors and $280,000 in state fines for violating state insurance rules. The judge’s order, […]
Evansville-based Old National Bancorp announced today that it has completed its $15.9 million acquisition of 65 Charter One retail branches in Indiana from Providence, R.I.-based Citizens Financial Group. The deal was announced last November. Most of the branches are in the Indianapolis area. Additional locations are in the Lafayette, Fort Wayne, Anderson and Bloomington markets. […]
Ball State University last night knocked the two-time defending national champions out of the NCAA women’s basketball tournament. Ball State upset Tennessee 71-55 in the opening round. The Lady Volunteers (22-11) had never lost on the opening weekend of the tournament, going 42-0 in previous appearances. The game marked the NCAA tourney debut for the […]
Evansville-based Old National Bancorp announced today that it has completed its $15.9 million acquisition of 65 Charter One retail branches in Indiana from Providence, R.I.-based Citizens Financial Group. The deal was announced last November. Most of the branches are in the Indianapolis area. Additional locations are in the Lafayette, Fort Wayne, Anderson and Bloomington markets. […]
Arson investigators are trying to pinpoint the cause of a garage fire that destroyed seven cars and damaged five others early this morning at Union Laundry Lofts in the 700 block of Lexington Avenue, southeast of downtown. Neighbors say the same garage burned five or six years ago because of an electrical problem in one […]
The Franklin Township school board tonight is expected to fire a bus driver accused of driving students home while intoxicated. Police say Phillip Leslie’s blood-alcohol content was three times the legal limit when he was arrested earlier this month after completing his afternoon route. The board also is expected to approve the resignation of a […]
The Carmel-Clay school board will vote tonight on a new budget plan that could cost some 19 employees their jobs. Board members need to figure out a way to cut $1.85 million from their $90 million budget. Fox 59 will have more at 10 p.m.
Eli Lilly and Co. won U.S. approval for its drug Symbyax as a medicine for treatment-resistant depression, the company announced today. The U.S. Food and Drug Administration OK’d Symbyax as the first drug for the acute treatment of treatment-resistant depression. So-called TRD is depression that has not improved when treated by two other antidepressants. Symbyax […]
Dr. Patrick J. Loehrer Sr. has been named interim director of the Indiana University Melvin and Bren Simon Cancer Center. Loehrer replaces founding director Dr. Stephen Williams, who died of melanoma on Feb. 15. A national search is under way for a permanent replacement for Williams. Loehrer has been medical director of the cancer center […]
An Indiana administrative law judge has ordered a Hamilton County money manager accused of trying to fake his death in a plane crash to pay $304,000 in restitution to bilked investors and $280,000 in state fines. Judge Douglas Webber’s order, made public today, comes two months after he heard from investors who said they lost […]
Eli Lilly and Co. won U.S. approval for its drug Symbyax as a medicine for treatment-resistant depression, the company announced today. The U.S. Food and Drug Administration OK’d Symbyax as the first drug for the acute treatment of treatment-resistant depression. So-called TRD is depression that has not improved when treated by two other antidepressants. Symbyax […]
If the Pacers want the city to support it with more money, the organization needs to provide more information to the city,
and perhaps a future cut of event proceeds.
Sluggish condo sales have led developer Kosene & Kosene Residential to consider turning its latest downtown project, The
Maxwell,
into apartments.
A rough economy hasn’t calmed the grudge match between drugstore giants Walgreen Co. and CVS Caremark.
The International Violin Competition of Indianapolis has lost a major corporate gift less than two years from curtain time.
The Indianapolis Airport Authority is planning improvements to Gordon Graham Field in Hendricks County, including a runway extension and a second terminal.
American Cabaret Theatre is planning a comeback at an event space just a few blocks from Monument Circle.
Sheltering Wings provides emergency housing for women and children suffering from any form of domestic abuse.
