Local firm brokers huge F1 deal
When I first met Zak Brown in 2001, it was to interview him for a story about his mostly unheard of company, Just Marketing. At the time, I was writing a “Small Business…
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Clarian merger talks in Bedford fall through
Merger talks appear to have ended between the two hospitals in Bedford, one of which is owned by Indianapolis-based Clarian Health. The board of governors of Dunn Memorial Hospital issued a statement to the Times-Mail of Bedford that says the hospital “no longer wishes to continue affiliation discussions” with Clarian, which operates Bedford Regional Medical […]
St. Vincent eyeing hospital in Salem
St. Vincent Health is in discussions with leaders of a 25-bed hospital in Salem, which is halfway between Bedford and Louisville, according to Business First Louisville. Directors of Washington County Memorial Hospital are talking with St. Vincent officials about becoming an affiliate of the Indianapolis-based hospital system. Business First reported that both hospitals have signed […]
Young & Laramore making ‘significant’ staff cuts
Young & Laramore is making what it says are “significant” staff cuts in the wake of losing the Steak n Shake account. Though Y&L CEO Paul Knapp declined to say how many of the firm’s 66 employees have been or would be terminated, industry sources pegged the number at about 20. After 18 years with […]
Animal-welfare activist joins Humane Society
The Humane Society of Indianapolis has appointed Christine Jeschke, an animal-welfare activist and a former opponent of the organization, as director of operations. Jeschke has served on the board of Move to Act, which fought the Humane Society in court over its 2003 plan to use the Mary Powell Crume Trust as collateral against a […]
First Republic snaps up GMAC refugees
Fourteen former employees of GMAC Mortgage Corp. have found jobs at First Republic Mortgage Corp., a mortgage banker headquartered on the northeast side near Fort Benjamin Harrison. The GMAC workers migrated to First Republic Mortgage after the mortgage arm of General Motors Corp. closed down in September. The additions bring total employment to 53. As […]
NCAA sends IU final message
The system works, proclaimed Indiana University coach Tom Crean yesterday after the NCAA handed down its ruling for transgressions in the Hoosiers’ basketball program last year.
It certainly does. But most people have little…
Lou’s arts thank-you list
A few things I’m thankful for:
–I’m thankful that there’s plenty of material to write about in this blog. And that it has found a loyal readership (between 350 and 900 hits a day).
–I’m thankful for the smart, insightful, fun responses…
Coal gasification project ended for now
Plans to build a $1.5 billion plant in southwestern Indiana to turn coal into natural gas have been put on ice. The developer, Indiana Gasification LLC, yesterday pulled its application to the Indiana Utility Regulatory Commission, according to The Times of Munster and the Evansville Courier & Press. The project, which was to be built […]
Hot Box coming to Carmel
The Hot Box pizza chain has reached a deal with a pair of veteran local restaurateurs to open two new locations in Carmel. The first, scheduled to open in January, will…
UPDATE: Old National calls acquisition a bargain
Old National Bancorp has agreed to buy 65 Charter One bank branches, including 51 in Indianapolis, for about $16 million. The price was compelling in part because the bank normally would pay about $3 million each for new branches in Indianapolis, said Bob Jones, CEO of the Evansville-based bank, the largest headquartered in Indiana. Most […]
OneAmerica extends Mini-Marathon sponsorship
OneAmerica Financial Partners has extended its title sponsorship of the 500 Festival Mini-Marathon for a second round of five years, beginning in 2010. The price wasn’t disclosed in a release today from 500 Festival Inc., which puts on the race. In 2006, the latest year for which 500 Festival contributions were made public, the festival […]
Old National buys Charter One branches
Evansville-based Old National Bancorp has signed an agreement to buy the 65 Indiana branch offices of Charter One, according to a filing with the Securities and Exchange Commission. Charter One is owned by Citizens Financial Group of Providence, R.I.; Citizens is owned by Royal Bank of Scotland Group Plc. The deal includes $397 million of […]
Pacers attendance better, not great
The Indiana Pacers are in the bottom five in the National Basketball Association in attendance, but it’s still a solid leap up from last year. And it’s early, so there’s lots of time…
From the blog roll: IMA, etc.
Today, I’m just going to serve as your GPS, guiding you to some interesting arts writing from my blog roll. Happy clicking.
–Recent Indy visitor Tyler Green (of IMOCA/IMCPL/IO’s “10 Things I Hate About Contemporary Art”) comments on his recent trek…
Indiana-made vehicles unsafe?
More than half the cars, vans, pickup trucks and sport-utility vehicles assembled in Indiana failed to make
the Insurance Institute for Highway Safetyâ??s latest list of safest vehicles.
Making the list are the Subaru Legacy and Tribeca, assembled in…
Comcast shifts 35 positions to Fishers
Telephone, Internet and television provider Comcast has closed its Anderson call center and moved nearly all of the 39 jobs to its expanding call center in Fishers. Comcast also is closing three other call centers in the state in order to concentrate on locations in Fishers, Fort Wayne and Bloomington, according to The Herald Bulletin […]
House sales plunge in October
Declines in house sales continued in October, the Metropolitan Indianapolis Board of Realtors reported yesterday. Units sold in the 13 counties tracked by the trade group plummeted 24 percent, to 1,726, from last October. The median sale price fell 3 percent, to $115,000. All 13 counties showed declines in unit sales. Sale prices were not […]
Lilly closes $6.3B ImClone acquisition
Indianapolis-based Eli Lilly and Co. said today that it has closed its acquisition of ImClone Systems Inc., a New York-based developer of cancer drugs. Lilly paid $70 in cash for each share of ImClone in a deal worth about $6.3 billion. Lilly outbid New York rival Bristol-Myers Squibb Co., but analysts question whether Lilly will […]
Wealthy givers turn to professionals for advice
Wealthy people are getting more advice from hired professionals and less from not-for-profit personnel and peers when making decisions about charitable giving, a new study shows. Accountants were a leading source of advice for 43.2 percent of respondents, according to preliminary results of the study, which was conducted by the Center on Philanthropy at Indiana […]