More banks processing transactions by date
Fifth Third among them, after being hit with class action over whether to pay customers’ biggest bills first.
Scott Olson
Articles
Heartland nearing $12.5 million fundraising goal
The not-for-profit, whose annual film festival in Indianapolis opens Thursday, has surpassed $10 million and hopes to hit its goal of $12.5 million by the end of next year.
Baker & Daniels completes merger with Minneapolis law firm
One of the city’s largest and oldest law firms said Wednesday that it has completed its merger with Minneapolis-based Faegre & Benson LLP. It will operate as Faegre Baker Daniels beginning Jan. 1.
Maregatti Interiors acquired by HKS architectural firm
Indianapolis’ largest commercial interior design business has been purchased by the national architecture firm that designed Lucas Oil Stadium.
CIB contributes $500,000 toward tourism effort
The gift will enable the Indianapolis Convention & Visitors Association to continue an annual marketing campaign aimed at attracting Midwestern visitors to the city.
Loss of Pacers season would deal blow to CIB, state revenue
A canceled 2011-2012 NBA season might suck $5 million in tax revenue from state and Capital Improvement Board coffers.
Housing will be initial focus of redevelopment at Winona site
The city, along with the nearby Children's Museum of Indianapolis, is spearheading redevelopment of the abandoned property where demolition began Monday. Bids to build mixed-income housing will be sought in the coming months.
Developer proposes $22M project for Keystone Towers site
The Whitsett Group LLC’s plans call for a $22 million project that would include nearly 140 apartments and a retail component on the property where Keystone Towers stood. The company submitted the lone bid to the city to redevelop the site.
Indiana architects seek changes to public project bidding
Design-build process is considered to be too costly.
Rezoning sought for growing children’s health program
The Children’s Better Health Institute, a division of The Saturday Evening Post Society Inc., plans to ask the Metropolitan Development Commission to rezone a 23-acre parcel on the city’s northwest side.
Jeweler plans massive sale in bid to escape bankruptcy
Hofmeister Personal Jewelers Inc., which sought Chapter 11 reorganization in April, is asking the court to let it bring in a national consultant to oversee a huge sale that would begin next month and last until February.
Mayor has monumental plan for Georgia Street, delays name change
Indianapolis Mayor Greg Ballard temporarily calls off plans to rename the historic street to instead focus on a project that would line it with 30 monuments saluting famous Hoosiers.
Indiana Soccer Association moving to Westfield
The Indianapolis-based soccer association’s decision to move to Westfield’s Grand Park Sports Campus follows a similar announcement earlier this year by the Lids Indiana Bulls, a youth baseball organization.
Former Hoosier pleads guilty in Florida Ponzi case
Former Indianapolis developer Sydney “Jack” Williams admitted to failing to report $6.4 million in income from 2004 through 2007 that he earned from Miami Beach, Fla.-based Capitol Investments, run by CEO Nevin Shapiro.
Investor Buffett gets behind east-side revitalization project
Warren Buffett joined other investors and Indianapolis community leaders Wednesday morning for a ribbon-cutting ceremony at the $27 million East Village at Avondale apartment project.
Tech firm interests youth in Web development
Bitwise Solutions offers program to teach middle-school and high school students how to develop websites.
Attorney General agrees to return Durham campaign funds
Indiana Attorney General Greg Zoeller has reached a settlement with the Fair Finance bankruptcy trustee to give back $11,000 in contributions he received from indicted financier Tim Durham.
Councilor launches opposition to Georgia Street renaming
Democrat City-County Councilor Angela Mansfield has submitted a resolution that urges Indianapolis Mayor Greg Ballard to “cease and desist from all efforts to rename Georgia Street.”
Multi-family housing project slated for Monon Trail
King Park Area Development Corp. is partnering with an Indianapolis developer on an $8.7 million residential project to improve a blighted parcel along the trail.
Small claims court could move from City-County Building
Citing budget cuts and a rent increase, Center Township Trustee Eugene Akers wants to move the small claims court into the Julia Carson Government Center, against the judge’s wishes.