The lawsuit accuses convicted money manager Keenan Hauke’s former accounting firm of negligence for failing to monitor Hauke’s bank accounts, enabling him to use investor funds for his personal use. Hauke was sentenced in March to 10 years in prison.
When Helene Cross arrived to lead Fairbanks Addiction Treatment Center in 2001, the alcohol and drug rehabilitation hospital was as sick financially as its patients were physically.
Indianapolis bars bordering Lawrence and Beech Grove, towns where smoking is still permitted, are feeling the effects of tougher smoking restrictions, as patrons move to taverns where they can still light up.
Given the soft cell phone market and Brightpoint’s recent struggles, a sale to California-based Ingram Micro for about $840 million makes sense, analysts say. The two companies announced the acquisition early Monday morning.
The Indianapolis-based retailer’s profit fell 25 percent in the first quarter, but beat analyst predictions. Shares rose nearly 12 percent on the day.
Among major occupational groups, only farming has a smaller share of African-Americans, government figures show.
The interactive virtual tour gives customers a glimpse of the layout and decor of a business without setting foot inside the location. For St. Elmo Steak House, where the service was introduced locally, it was an easy sell.
The town now has zoning jurisdiction over Indianapolis Executive Airport, which is located within its borders following an annexation, but is operated by the Hamilton County Airport Authority.
The Athenaeum Foundation is considering an offer from the operator of the Rathskeller to pay a portion of the cover charges he collects for concerts at the Biergarten. A lawsuit filed by the foundation seeks $1.4 million in previously collected cover charges.
An economist at Ball State University warned of another recession at Conexus Indiana's annual state of manufacturing and logistics report Tuesday morning. Both sectors, however, contribute strongly to the state's economy and earned "A" grades in the latest report.
The Friday blaze engulfed a four-story, 28-unit apartment building due to open this fall as part of the $34 million 16 Park project. The Indianapolis Housing Agency says construction will resume as soon as possible.
The federal lawsuit was set to go to trial June 18 in Indianapolis. The claims arise from Anthem’s 2001 conversion from a mutual company, owned by its insured policyholders, to a public company.
WTHR led in the ratings for its nightly newscasts during the May sweeps in the key 25-to-54-year-old demographic, but TV stations are rapidly losing these coveted viewers. The addition of popular meteorologist Angela Buchman could help Channel 13 staunch further losses.
The Indian-born doctor is seeking past and future pay, in addition to other damages, for enduring what she considers harassment and discrimination while a resident at the Indianapolis hospital.
Several local broadcast television sources say Angela Buchman will leave Channel 8 when her contract expires this summer. A non-compete clause likely would keep her from appearing on-air for Channel 13 until next year.
The $6.5 million project, led by the Children’s Museum of Indianapolis, will include 50 apartment units, 22,000 square feet of commercial space and a 2-acre park. Construction could start by the end of the year.
In May, pending sales of existing homes in the Indianapolis area increased 7 percent from the same month last year while building permits for new construction rose 20 percent.
A spokesman for Center for the Performing Arts in Carmel on Monday afternoon confirmed that it has hired Tania Castroverde Moskalenko, executive director of the Germantown Performing Arts Centre in Germantown, Tenn., near Memphis, to replace Steve Libman.
Citizens for Center Grove, a not-for-profit leading the effort to make the unincorporated area a town, is set to present its proposal at a public meeting Tuesday night. The new town would have roughly 29,000 residents.
More college degrees wanted, but large borrowing amounts present obstacle.
