IU breaks ground on $25M lab building at IUPUI
The facility at IUPUI will include nearly 34,000 square feet of research and classroom space and is the first phase of a planned two-stage project to improve the university’s research facilities.
Scott Olson
Articles
New hardware store tries to carve out niche near downtown
In a city and industry dominated by big-box home-improvement chains, North Meridian Hardware owner Keith Payne hopes his independent store can build a loyal following among downtown’s denizens.
Emmis asks judge to rule on legality of stock plan
The Indianapolis media company has filed a lawsuit that could prevent preferred shareholders from mounting a court challenge of the plan that would strip them of their right to collect millions of dollars in dividends.
Ex-investment manager Hauke gets 10 years for fraud
Keenan Hauke of Fishers, who pleaded guilty to securities fraud in December after costing hedge fund clients $7 million, received a 10-year federal prison sentence Friday morning.
Decision on canal residential project delayed again
The Metropolitan Development Commission moved a vote on the proposal to April 18 after expressing concern that it didn’t have enough time to review plans that reduce the project from 26 stories to 10. The developer criticized the delay.
Developer scales back plans for tower along Central Canal
The firm behind a proposed downtown apartment tower designed for college students has slashed its height from 26 to 10 stories to improve its chances of winning city approval.
Downtown condo residents sue developer over damage
The homeowners association for the 70-unit Hudson wants the building’s developer, Kosene & Kosene, to pay to repair damage it alleges was caused by faulty construction.
East-side contract manufacturer plans to add 144 jobs
Mansfield-King LLC is asking the city for property tax abatements as part of its efforts to create the jobs by 2016 through a $3 million expansion. The company currently has 45 employees.
Supreme Court allows Fishers to pursue reorganization
Under the reorganization proposal, Fishers would become a city but council members would appoint a mayor. The proposal will be presented to voters in a Nov. 6 referendum.
Patient referrals can be lucrative for hospitals
Physician liaisons are becoming key in recruiting efforts.
Sleeping-products event a real eye-opener
About 3,200 visitors are in the city as part of the International Sleep Products Association’s biennial event, which showcases the latest technology in mattress manufacturing.
State unemployment rate dips to 8.7 percent
Indiana’s unemployment rate fell to 8.7 percent in January as the state added 13,000 private-sector jobs, the largest monthly increase in more than a year.
Mike’s Carwash ownership trial gets under way
The private company and principals Bill and Mike Dahm are defendants in the lawsuit brought by Jerry Dahm, a cousin who once owned 35 percent of the company and claims he was forced to sell his shares at a discounted rate.
Record-low rates aren’t creating rush at local mortgage firms
Local mortgage industry executives say record-low interest rates aren’t leading to a big boom in business because broader economic issues are keeping large parts of the population from seeking or qualifying for loans.
IU success spurs Big Ten tourney ticket sales
Officials are confident attendance at the Big Ten men’s basketball tourney will top last year’s total of more than 86,000 and could surpass 90,000 for the first time since 2006.
SBA lenders optimistic about year’s loan output
Volume nevertheless is expected to fall short of last year’s record numbers
Local businesses open wallets for tornado relief
Spurred by fundraising campaigns by local television stations, more than $1 million has been raised to help victims of last week’s devastating tornadoes in southern Indiana. In addition to doing a good thing, the stations are getting a marketing boost from their efforts.
Developer Broadbent loses fight to keep finances under wraps
A newly public filing shows the co-founder of The Broadbent Co.’s net worth has fallen 60 percent, to $48 million.
EEOC charges Celadon with discrimination
The agency claims the Indianapolis trucking firm subjected job applicants to medical exams and failed to hire qualified driving candidates because of disabilities. Celadon CEO Steve Russell denies wrongdoing.
Greencastle plant key in Ford’s environmental movement
Supplier to begin producing door part made from kenaf, a plant similar to bamboo but related to cotton.