Butler University heads into the NCAA Men’s Basketball Tournament today as a top-10 university when it comes to graduating its student-athletes. The Institute for Diversity and Ethics in Sport at the University of Central Florida reports in its annual study that Butler is one of 10 universities in the 65-team tournament that graduates 90 percent […]
The CEO of Indianapolis-based Duke Realty Corp. took home roughly $4 million in total compensation in 2008, a year in which the company’s stock price plummeted 75 percent. Dennis D. Oklak, 55, received about $1 million more in 2008 than in 2007, the company reported this week in its annual proxy filing. The compensation consisted […]
Severe-weather sirens are sounding across the state today as part of Severe Weather Preparedness Week. The first test took place between 10 a.m. and 10:30 a.m., giving businesses and schools a chance to practice safety procedures. Families will have a chance to do the same when the sirens are tested again between 7 p.m. and […]
Police say a man held his 3-year-old son hostage for two hours last night. SWAT units were called to the 5900 block of Belford Court on the northwest side of Indianapolis about 10:30 p.m. Marvin Parish, 43, faces multiple charges, including criminal confinement. The incident involved a fight with the child’s mother.
Investigators say they need help finding those responsible for a fire that destroyed the nearly completed Cosmopolitan on the Canal apartment complex. The U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives is offering a $9,000 reward for information leading to an arrest and conviction of the people involved in setting the blaze, which spread onto […]
ChaCha Search Inc. said yesterday that it has raised $12 million in equity financing, which will allow the Carmel company to ramp up its advertising sales and support its newly opened New York office. The company also disclosed that it had eliminated 25 jobs, shrinking its work force to 56. Several executives – including two […]
St. Louis-based Peabody Energy Corp. said yesterday it plans to develop an enormous coal mine in Sullivan County in eastern Indiana, creating 350 jobs.The largest surface mine in the eastern United States will be developed with the support of two long-term supply contracts worth nearly $6 billion in new revenue, the company said. Peabody estimates […]
Carmel-based software firm Information Systems Experts LLC plans to expand its operations and create up to 10 new positions, the firm announced this morning. The company said it would invest more than $287,000 to upgrade equipment at its 8,000-square-foot headquarters in Carmel. ISE received a $21,000 grant from the state’s Skills Enhancement Fund to train […]
Indianapolis-based Bowen Engineering Corp. has been selected by Horizon Wind Energy LLC as contractor for its Meadow Lake wind farm in White County, the companies announced today. Houston-based Horizon’s wind farm in northwest Indiana will consist of 121 wind turbines that can generate 200 megawatts of power. The estimated cost of the project is $500 […]
Indianapolis-based Bowen Engineering Corp. has been selected by Horizon Wind Energy LLC as contractor for its Meadow Lake wind farm in White County, the companies announced today. Houston-based Horizon’s wind farm in northwest Indiana will consist of 121 wind turbines that can generate 200 megawatts of power. The estimated cost of the project is $500 […]
The new Nestle plant in Anderson stopped production of Nesquik this week after an unrelated inspection found maintenance issues, the Anderson Herald Bulletin reported last night. Nestle has corrected the problem but is awaiting approval from the state surveyor to resume production. The company is still producing Coffee-mate, Nestle’s best-selling product. “This doesn’t affect anything […]
Police are investigating a crash involving a transport van loaded with prisoners. The accident happened just after midnight near 69th Street and Keystone Avenue. Five prisoners, a Marion County sheriff’s deputy and the driver of the other vehicle were all taken to local hospitals. None of the victims suffered life-threatening injuries.
More than 60 companies and 650 people have volunteered to donate labor, supplies and materials to help The Estridge Cos. build a new home for an Indianapolis-area family as part of the popular TV show “Extreme Makeover: Home Edition.” Since organizers announced Estridge’s participation in the show on Monday, the Carmel-based home builder has been […]
ChaCha Search Inc. said yesterday that it has raised $12 million in equity financing, which will allow the Carmel company to ramp up its advertising sales and support its newly opened New York office. The company also disclosed that it had eliminated 25 jobs, shrinking its work force to 56. Several executives – including two […]
St. Louis-based Peabody Energy Corp. said yesterday it plans to develop an enormous coal mine in Sullivan County in western Indiana, creating 350 jobs. The largest surface mine in the eastern United States will be developed with the support of two long-term supply contracts worth nearly $6 billion in new revenue, the company said. The […]
The new Nestle plant in Anderson stopped production of Nesquik this week after an unrelated inspection found maintenance issues, the Anderson Herald Bulletin reported last night. Nestle has corrected the problem but is awaiting approval from the state surveyor to resume production. The company is still producing Coffee-mate, Nestle’s best-selling product. “This doesn’t affect anything […]
Carmel-based software firm Information Systems Experts LLC plans to expand its operations and create up to 10 new positions, the firm announced this morning. The company said it would invest more than $287,000 to upgrade equipment at its 8,000-square-foot headquarters in Carmel. ISE received a $21,000 grant from the state’s Skills Enhancement Fund to train […]
ChaCha Search Inc. said today that it has raised $12 million in equity financing, which will allow the Carmel company to ramp up its advertising sales and support its newly opened New York office. The company also disclosed that it eliminated 25 jobs, shrinking its work force to 56. This isn’t ChaCha’s first belt-tightening. Late last year, […]
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 […]
