Articles

Pike cuts center’s performance series, director-WEB ONLY

The Pike Performing Arts Center is losing both its flagship season series and its director due to budget constraints. The Metropolitan School District of Pike Township cited a lack of funding as its reason to cancel the six-show season, which most recently featured the BodyVox dance troupe in February. The positions held by center director […]

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Pike cuts center’s performance series, director-WEB ONLY

The Pike Performing Arts Center is losing both its flagship season series and its director due to budget constraints. The Metropolitan School District of Pike Township cited a lack of funding as its reason to cancel the six-show season, which most recently featured the BodyVox dance troupe in February. The positions held by center director […]

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Attendance down at Big Ten tournament-WEB ONLY

The struggling economy clearly affected attendance at this year’s Big Ten men’s basketball tournament, as ticket sales declined 15 percent from last year, according to figures released today by the Indiana Sports Corp. Tickets sold for the four-day tournament at Conseco Fieldhouse in downtown Indianapolis totaled 68,098, down from 80,012 in 2008. Even Purdue University’s […]

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Attendance down at Big Ten tournament-WEB ONLY

The struggling economy clearly affected attendance at this year’s Big Ten men’s basketball tournament, as ticket sales declined 15 percent from last year, according to figures released today by the Indiana Sports Corp. Tickets sold for the four-day tournament at Conseco Fieldhouse in downtown Indianapolis totaled 68,098, down from 80,012 in 2008. Even Purdue University’s […]

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Proprietary developments withering from recession

Financing is the lifeblood of companies turning intellectual property into a product or service, but turbulent economic conditions
have made it increasingly difficult to raise cash from investors who are content to wait
out the storm by concentrating on their existing portfolios.

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Brainiacs-WEB ONLY

The trio of attorneys who practice in the local office of Barnes & Thornburg LLP’s life sciences group is a self-deprecating, peculiar bunch. Not only are the three the punch line of an occasional lawyer joke, but they’re also the target of lighthearted ribbing about their scholarly credentials. “We’re the geeky group,” patent attorney Kevin […]

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Welcome Big Ten influx doesn’t displace locals-WEB ONLY

St. Elmo Steak House is a downtown dinner destination that typically has little trouble attracting patrons tempted by its signature shrimp cocktail. The next four days will be no different. But this weekend’s reservation list is heavy on out-of-town guests hungry for both filet mignon and Big Ten basketball. All told, visitors in town for […]

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Welcome Big Ten influx doesn’t displace locals-WEB ONLY

St. Elmo Steak House is a downtown dinner destination that typically has little trouble attracting patrons tempted by its signature shrimp cocktail. The next four days will be no different. But this weekend’s reservation list is heavy on out-of-town guests hungry for both filet mignon and Big Ten basketball. All told, visitors in town for […]

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Fire destroys $33M canal apartment project-WEB ONLY

An overnight fire caused massive damage to a $33 million apartment project on the downtown canal being developed by locally based Flaherty & Collins Properties. The fire was reported around 3 a.m. and continued to burn into the early morning. About 125 firefighters brought the flames under control. The Cosmopolitan on the Canal project was […]

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City hopes to spur more development at Ameriplex-WEB ONLY

Indianapolis has entered into a partnership with Holladay Properties in which the developer will construct nine distribution-type buildings at its AmeriPlex Business Park on the city’s west side in exchange for tax incentives. Mayor Greg Ballard made the announcement this morning at a Greater Indianapolis Progress Committee board meeting at WellPoint Inc.’s downtown headquarters. The […]

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CIB not confident about teams pitching in-WEB ONLY

The city’s Capital Improvement Board approved cutting an additional $1.5 million from its annual budget yesterday and may have moved a step closer toward funding its annual operating budget with an increase in hospitality taxes. Local sports teams have been reluctant or noncommittal about shouldering a bigger financial load, CIB officials said. As a result, […]

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Cash-strapped CIB makes more cuts-WEB ONLY

The city’s Capital Improvement Board approved cutting an additional $1.5 million from its annual budget today and may have moved a step closer toward funding its annual operating budget with an increase in hospitality taxes. Local sports teams have been reluctant or noncommittal about shouldering a bigger financial load, CIB officials said. As a result, […]

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IMA chooses Sodexo to replace Puck-WEB ONLY

The Indianapolis Museum of Art has selected Sodexo Inc. to replace Wolfgang Puck as its restaurant operator and to share museum catering responsibilities with Kahn’s Catering in Carmel.   The IMA’s announcement this morning culminates a six-month search following the museum’s decision in September to restructure its food-service operations. Based in Maryland, Sodexo employs 120,000 […]

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IMA chooses Sodexo to replace Puck-WEB ONLY

The Indianapolis Museum of Art has selected Sodexo Inc. to replace Wolfgang Puck as its restaurant operator and to share museum catering responsibilities with Kahn’s Catering in Carmel. The IMA’s announcement this morning culminates a six-month search following the museum’s decision in September to restructure its food-service operations. Based in Maryland, Sodexo employs 120,000 people […]

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Anthem threatens breakup with St. Francis-WEB ONLY

Contract talks that started months ago between St. Francis Hospital’s parent company and Anthem Blue Cross and Blue Shield are becoming more contentious – a situation that could lead to a breakup. Anthem, a unit of Indianapolis-based WellPoint Inc., this week notified some of its business clients that its relationship with Mishawaka-based Sisters of St. […]

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CIB committee suggests raising hospitality taxes-WEB ONLY

Raising local hospitality taxes and trimming funding to local cultural organizations are among the possible solutions the Capital Improvement Board’s finance committee identified this morning to help chip away at the organization’s looming $38 million budget deficit. The CIB board will meet Monday to consider the options presented by the finance committee. A 1 percentage-point […]

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Pescovitz leaving IU, Riley hospital-WEB ONLY

Ora Hirsch Pescovitz, CEO of Riley Hospital for Children and executive associate dean for research affairs at the Indiana University School of Medicine, has accepted the top leadership position at the University of Michigan Health System. Pescovitz, 52, has been named executive vice president for medical affairs at the university and CEO of the U-M […]

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