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Carmel-based Conseco Inc. disclosed late yesterday that it hassuffered a $40 million loss on sales of its investments in Lehman Brothers, American International Group and Washington Mutual Inc. As of yesterday, Conseco still had $103 million invested in the companies. Wall Street firm Lehman has gone bankrupt; AIG, a giant insurer, is being bailed out […]
So, were you among the crowd at the sneak preview of “Lakeview Terrace,” the new film directed by former Hoosier Neil LaBute?
What did you think?
Comments encouraged.
Dixie Chopper, a Coatesville company that makes what it claims are the fastest lawnmowers in the world, has hired a president who plans to triple production within three years. Gary A. Morgan, who stepped into the position yesterday, said he intends to boost the company’s share of the “zero-turn” mower market to 25 percent from […]
Andy Paine, one of Indianapolis’ top bankers until he retired a decade ago, traces the financial train wreck unfolding across the country to a perception hatched in the 1990s that home ownership was a right, not a privilege. The financial system won’t recover until that notion is reversed, Paine says. “We’re going to have to […]
The crash on Wall Street yesterday reverberated right through the Indianapolis Colts’ 56th Street headquarters. How on earth are a stock market decline and the National Football League related? Here’s how.
Forbes magazine last…
“Traditionally, it isn’t over until the fat lady sings. But it seems it will soon be over for the singing fat lady.”
So opens a piece in The London newspaper The Independent concerning the slimmer and fitter brand of opera…
The owners of downtown’s new BW3 and city planners have reached agreement on a new design. Changes shown in the rendering below include new lighting fixtures and removal of yellow “highlights” behind them, along with removal of black-and-white checkers on…
Despite almost three months of attempted negotiations, officials for Lin TV Corp. and Bright House Networks have not been able to agree to extend their current deal to retransmit Lin’s three local channels on the cable system. Lin officials say Bright House has not responded to their proposals. However, Buz Nesbit, president of Florida-based Bright […]
Local financial experts anticipate bank credit will tighten, the U.S. economy will slow down and investors will shoulder tough losses in the wake of this weekend’s news that several of Wall Street’s largest institutions are insolvent. “This is going to be an extremely uneasy time for people nearing retirement,” said Ball State University economist Michael […]
J. Patrick Rooney, an Indianapolis insurance executive who championed health savings accounts and school vouchers, has died. He was 80. Rooney, the former CEO of Golden Rule Insurance Co., was found dead this morning, according to his long-time personal attorney John Sullivan. Rooney apparently died in his sleep, Sullivan said. Until shortly before his death, […]
Few Midwestern university cities have prospered as much as Bloomington in the past couple of decades, a recent Federal Reserve Bank of Chicago study shows. When it comes to growth in per-capital personal income, Bloomington has been surpassed only by Minneapolis, home to the University of Minnesota, and Ames, Iowa, where Iowa State University is […]
Bloomington keeps racking up the accolades.
Over the weekend, a Wall Street Journal article focused on the city as a vibrant, low-cost alternative to
Sun Belt locations for retirees. Congestion is low, there are two hospitals, and plenty of natural…
Browning Investments Inc. plans to build three warehouses in Hancock County near I-70 and Mount Comfort Road, the Indianapolis-based developer said today. The facilities, which are being built on a speculative basis, will total at least 1.3 million square feet and sit on 153 acres at Mount Comfort Road and County Road 300 North. Joining […]
A group of local business and civic leaders are hoping to transform Monument Circle into a grand public space in the European model, a pedestrian-friendly piazza that draws crowds year-round to…
An investor pool formed to acquire farmland bought 1,108 of 1,222 acres auctioned near Frankfort on Thursday, according to Schrader Real Estate and Auction Co. Inc., the Columbia City firm that handled the sale. The average price for all of the land came to $5,171 per acre. That was slightly more than the $5,003 average […]
MotoGP’s open approach to disclosing attendance figures finally gives us a clear view on the revenue generation of an Indianapolis Motor Speedway event. IMS President Tony George and his legion of lieutenants are…
It seemed like theater was everywhere this weekend–and I caught as much of it as I could, with visits to the Phoenix Theatre’s “November,” Indianapolis Civic Theatre’s “Little Shop of Horrors,” and Actors Theatre of Indiana’s “Perfect Wedding.” More on…
BOONE COUNTY Apartment plans hit snags The Zionsville Town Council is set to vote Oct. 6 on a rezoning request involving a 224-unit apartment complex developers are planning for Bennett Technology Park. Locally based Anderson Birkla Investment Partners LLC wants to build the Lofts at Bennett Park on about 12 acres west of Michigan Road […]
HANCOCK COUNTY Rural telecom eyeing big city Hancock Telecom plans a major expansion of its phone-line-delivered television service into surrounding counties-possibly giving AT&T stiff competition beyond that from cable and satellite television. The Maxwell-based telecommunications firm also is eyeing wider service in its back yard of Greenfield, according to an Aug. 22 filing with the […]
Spotlight on Johnson County Named for Judge John Johnson, one of the first justices on the Indiana Supreme Court 5 LARGEST CITIES/TOWNS Population Greenwood ……………………………..44,767 Franklin ………………………………….22,356 New Whiteland ………………………….5,515 Edinburgh …………………………………4,582 Whiteland …………………………………4,322 5 LARGEST EMPLOYERS employees Johnson Memorial Hospital……………..850 KYB Industries Inc………………………….660 Lear Corp……………………………………..530 Arbonne International …………………….450 Best Buy Distribution Center ……………403 COUNTY […]
