Evansville-based Old National Bancorp today reported fourth-quarter profit of $6.6 million, down from $22 million in the same period the prior year. Earlier this month, the company told the U.S. Securities and Exchange Commission that its quarterly results would be affected by higher-than-expected loan losses of $17 million and the write-off of a check fraud […]
The American Legion hosted a rally on the steps of the Indiana Statehouse this morning in an effort to save a children’s home for closure. The Indiana Soldiers’ and Sailors’ Children’s Home in Knightstown is scheduled to shut down in May. State officials say the home is inefficient and expensive, costing $91,000 per student each […]
Police have questioned and cleared a woman in connection with a string of bus stop robberies last week, but investigators are still looking for her husband. Several students were robbed at gunpoint last week on Indianapolis’ northeast side, including one who was pistol whipped. Investigators say Tamara Edwards turned herself in for questioning, and they […]
Evansville-based Old National Bancorp today reported fourth-quarter profit of $6.6 million, down from $22 million in the same period the prior year. Earlier this month, the company told the U.S. Securities and Exchange Commission that its quarterly results would be affected by higher-than-expected loan losses of $17 million and the write-off of a check fraud […]
Manufactured housing maker Liberty Homes Inc. has tentative plans to close its plant in Syracuse, eliminating about 80 jobs in the process. The Goshen firm filed a closing notice with the state last week, saying layoffs could begin about March 20. Liberty has seven manufacturing facilities nationwide. The closure is another blow to northwest Indiana’s […]
These businesses have received loans from financial institutions with
a guarantee
from the SBA. Not all funds are disbursed immediately. Furthermore, some approved loans are subsequently canceled.
State and local governments in Indiana aren’t known for pouring tax money into so-called progressive causes. Private money often has to step in. A shining example is the $15 million Gene and Marilyn Glick gave to the Indianapolis Cultural Trail, a $50 million alternative-transportation project that’s getting most of its money from the private sector. […]
Indianapolis will host the National Trust for Historic Preservation’s annual convention in 2013, the Washington, D.C.-based organization said Thursday. The conference is expected to attract 2,500 visitors and generate $2.5 million in spending, according to the Indianapolis Convention & Visitors Association. The gathering in Indianapolis will be a first for the NTHP, which has been […]
Indiana Gov. Mitch Daniels has appointed former Internal Revenue Service chief Mark W. Everson to head up the state’s Department of Administration, replacing Commissioner Carrie Henderson. Henderson, the department’s commissioner since mid-2006, will move to the state’s Family and Social Services Administration to become director for compliance. The appointments were announced this afternoon. Everson, 54, […]
The Hamilton County pilot accused of faking his own death appeared in federal court this morning. But a public defender says Marcus Schrenker, 38, isn’t mentally competent to stand trial. Schrenker’s attorney has asked a Florida federal judge to order a mental evaluation. Investigators say the Carmel investment adviser intentionally crashed his airplane in the […]
Indianapolis Airport Authority honcho John J. Kish is flying south, leaving his current position in April to oversee development of an arena in downtown Evansville. The Evansville Redevelopment Commission voted to hire him yesterday. Kish, 54, oversaw construction of the airport’s $1.1 billion midfield terminal project, which opened in November. Before becoming executive director of […]
Officials from the Indianapolis Fire Department and the Department of Public Safety will hold a meeting tonight as they prepare to close Fire Station 26, 1080 E. Hanna St. City-County councilors and firefighters already have been informed that the closure is imminent. The meeting will be held at 7 p.m. at the Perry Township Government […]
