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BREAKING: Daniels tops Thompson for governor
Republican Gov. Mitch Daniels will be staying in the Statehouse for a second term. The Associated Press declared Daniels, a former Eli Lilly and Co. executive, the winner over Democrat Jill Long Thompson at 7:05 p.m. Thompson, a former U.S. representative from northern Indiana, was running close to Daniels as of this summer, but polls shows […]
Car dealer loans throw Heartland for loss
Heartland Bancshares Inc. said today it lost $323,000 in the third quarter because it set aside additional reserves in anticipation of two used car lots’ not repaying their loans. The Franklin-based parent of Heartland Community Bank said it increased its loan loss provision to $1.1 million from $60,000 in the same quarter last year. Without […]
The Property Lines vote
To keep this post topical, I’ll start with a link to this week’s Real Estate Weekly. The news has been slow lately, but my colleague Chip Cutter still managed to dig up some good nuggets. The real…
Colts lack QB insurance
Watching the Dallas Cowboys struggle recently under the leadership of back up quarterback Brad Johnson and the Pittsburgh Steelers flourish behind second-stringer Byron Leftwich during the second half of their game last night has…
Byetta approval may be delayed
Eli Lilly and Co. could face a delay on the highly anticipated weekly version of its diabetes drug, Byetta. Data for a once-weekly version of Byetta did not adequately show that batches of commercially manufactured Byetta were comparable with batches manufactured earlier for use in clinical trials. That’s what the U.S. Food and Drug Administration […]
Engine makers await IRL specs
While most Hoosiers are headed for the polls this election day, Indy Racing League teams and officials are headed to Las Vegas for their post-season banquet at The Palms Casino Resort tomorrow.
Word coming from series officials as they get ready to…
There’s gotta be a better way
We live in the country that invented the light bulb, put a man on the moon and cracked the human genome,
but weâ??re still standing in line to vote.
Election Day is evolving into Election Month as more people make decisions…
Fictional Presidential match-ups
Here, for your entertainment, some fictional election match-ups (ignoring party affiliations). Who gets your vote?
Peter Sellers in “Dr. Strangelove” vs. Michael Douglas in “The American President” vs. Morgan Freeman in “Deep Impact”?
Next round:
Martin Sheen on “The West Wing” vs. Donald…
Colts close window on controversy
Indianapolis Colts officials said ratcheting up the noise inside Lucas Oil Stadium had nothing to do with the decision to close the large window on the north end of the stadium for last…
UPDATE: Finish Line exec jumps to Dollar Tree
Kevin Wampler, chief financial officer of The Finish Line Inc., has joined Dollar Tree Inc. in the same role. Normal 0 MicrosoftInternetExplorer4 Dollar Tree, headquartered in Chesapeake, Va., is a retailer specializing in selling items for less than $1. Wampler will be replaced on an interim basis by Finish Line Chief Operating Officer Steven J. […]
Moody’s upgrades OneAmerica
Indianapolis-based insurer OneAmerica Financial Partners Inc. has received upgrades from Moody’s Investors Service along with a lavish dollop of praise. Moody’s bumped the senior debt rating to Baa1 from Baa2. OneAmerica’s main insurance arm, American United Life Insurance Co., was pushed to A1 from A2. Profit and stability have improved as OneAmerica exited the reinsurance […]
UPDATE: Simon reining in spending
Simon Property Group Inc. this morning reported third-quarter results that beat analysts’ expectations. But in a late-morning conference call, CEO David Simon said the retail developer would curb its expansion in response to the weak economy. “Given the current economic conditions, we anticipate our capital spending will be down significantly in 2009,” he said. Investors […]
Schneider named interim CFO at Finish Line
Steven J. Schneider, chief operating officer at The Finish Line Inc., has been named interim chief financial officer, the Indianapolis retailer said today. Schneider, 52, will fill in for Kevin Wampler, 45, who left to pursue a similar position at another firm, Finish Line said. The company announced earlier that Schneider would become president on […]
Nuclear war, assessors and voters
Following a nuclear holocaust, itâ??s been said, only cockroaches and township assessors will be left.
Now, assessors might finally meet their match in something more powerful than atomic weapons â?? voters.
The Legislature wiped out a warren of them this year when…
Pacers poll flawed
If the Indiana Pacers want a true reading on how the community views their team, they may be talking to the wrong people. Last month, the Pacers polled 600 ticket holders to gauge…
Investments throw Baldwin & Lyons for loss
Baldwin & Lyons Inc. swung to a loss in the third quarter, the insurer of truck fleets announced today. The Indianapolis company lost $7.3 million compared with a $11.7 million profit of a year earlier. Much of the difference was driven by $16 million in losses on stocks and other investments. Baldwin & Lyons earned […]
Circuit City to close four Indiana locations
Troubled electronics retailer Circuit City Stores Inc. said today it will close its store near Washington Square Mall on the east side as part of a plan to shutter 155 locations nationwide and return to financial health. Also slated for closing are locations in Lafayette and South Bend, and one in the southern Indiana town […]
Emmis slashes 25 radio positions, cuts salaries
A “turbulent economy” that’s causing the radio industry to struggle has prompted Emmis Communications Corp. to lay off 4 percent of its workers in the sector. The downsizing amounts to 29 full-time workers and 6 part-time employees, the Indianapolis company announced this morning. Emmis also said it snipped 3 percent from salaries of radio and […]