The cost-cutting moves announced yesterday by Indianapolis-based Angie’s List are the latest setback for a company whose ambitious growth plans lately have been tempered by job cuts. The consumer-rating service laid off 90 employees this week, reducing its work force to 350. The decision came just three months after announcing an aggressive expansion that included […]
The cost-cutting moves announced yesterday by Indianapolis-based Angie’s List are the latest setback for a company whose ambitious growth plans lately have been tempered by job cuts. The consumer-rating service laid off 90 employees this week, reducing its work force to 350. The decision came just three months after announcing an aggressive expansion that included […]
Purdue University will dedicate its new research park in the Ameriplex industrial complex on Indianapolis’ west side tomorrow, but the park’s bright potential runs the risk of being overshadowed by a dreary economy. Construction finished late last year on the first phase and cornerstone of the project, a 55,000-square-foot accelerator that will house 15 to […]
Purdue University will dedicate its new research park in the Ameriplex industrial complex on Indianapolis’ west side tomorrow, but the park’s bright potential runs the risk of being overshadowed by a dreary economy. Construction finished late last year on the first phase and cornerstone of the project, a 55,000-square-foot accelerator that will house 15 to […]
Ice Miller LLP is the latest city law firm to cut payroll by eliminating support staff. The firm late last week laid off 14 people, reducing its total workforce by about 2 percent. No attorneys were affected by the cuts, the firm said. “Over the last few months, we have been engaged in a thorough […]
Ice Miller LLP is the latest city law firm to cut payroll by eliminating support staff. The firm late last week laid off 14 people, reducing its total workforce by about 2 percent. No attorneys were affected by the cuts, the firm said. “Over the last few months, we have been engaged in a thorough […]
Last fall, BioCrossroads named Leonard J. Betley—chairman of the Richard M. Fairbanks Foundation, the Regenstrief Foundation
and the Walther Cancer Foundation—its inaugural Life Sciences Champion of the Year. IBJ recently caught up with Betley to get his thoughts on the latest life sciences developments and gauge the climate
for fund raising.
The Fishers insurance-and-securities broker who disappeared following a plane crash in Florida on Sunday left a trail of deceit dating back years before his latest legal and regulatory woes. Marcus Schrenker, 38, faced final arguments next week in a regulatory proceeding the Indiana Department of Insurance’s consumer-protection division filed against him a year ago. Investigators […]
The local law firm of Bose McKinney & Evans LLP on Friday slashed 11 support jobs, reducing its administrative and operational staff by about 8 percent. No lawyers were affected by the cuts, according to the firm. With 131 attorneys, Bose McKinney is the city’s fifth-largest practice. It’s among the scores of firms nationally that […]
Students are flocking to online classes at Ivy Tech Community College faster than the burgeoning college is racking up overall
growth—mirroring a national trend toward computers over classrooms.
Property tax abatements granted by the city of Indianapolis last year should help create more jobs than in each of the previous three years. Numbers released by the city for 2008 show companies receiving abatements committed to 2,423 new jobs. Among the projects: – AIT Laboratories plans to create more than 130 jobs in the […]
Macy’s decision to close its store at Lafayette Square could deal a devastating
blow to a mall already reeling from the loss of other major tenants.
Tony Mason is leaving his post as executive director of the Circle City Classic to become senior vice president of the 2012 Indianapolis Super Bowl Host Committee. Mason, 42, is set to join the Super Bowl Host Committee in April and is expected to work closely with the John H. Boner Community Center to launch […]
As expected, Gov. Mitch Daniels today proposed balancing the state’s next two-year budget by maintaining current spending levels on several programs while delaying funding for others. Public safety and public schools are among those that would not receive funding increases. Even so, $180 million in new money would need to be included in the budget […]
Locally based Kite Realty Group Trust has completed the sale of its Spring Mill Medical office complex in Carmel and Silver Glen Crossing shopping center in Chicago for a combined $48.5 million.After adjusting for partners’ shares, the real estate investment trust netted $23.6 million, the majority of which was used to pay down its unsecured […]
The Indianapolis Star’s decision to eliminate its business section and roll that news inside the paper’s main pages is generating mixed reactions from business and academic leaders. Changes to the Star, including the scrapping of its stand-alone, four-page business section, started yesterday and mainly are the result of declining revenue and surging newsprint prices, Star […]
Indianapolis law firms finally jumped in a big way into the merger mania that’s sweeping the legal profession.
Several major issues with business implications are expected to receive ample attention when legislators convene next month,
particularly the continuing saga of property-tax relief and the state’s ability to pay jobless benefits.
What is the current state of franchising, given the tough economic environment?
Indianapolis merchants are banking on customer loyalty to achieve sales they hope will surpass the gloomy expectations forecast
for the holiday shopping season.
