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Indiana riverboat casinos don’t go up for sale every day. So when one becomes available, it’s bound to spark interest. Hence,
the dilemma facing Centaur Inc., the Indianapolis-based casino developer.
How do you go from fighting world hunger to polishing the tarnished image of an NBA basketball team? That’s the task at hand for Jim Morris, who said to a recent breakfast gathering, “I reached a point in my life when I realized that nothing I would do going forward would be as important as what I just did.” I suppose a number of us reach a similar place in our careers when we realize we have “hit the peak”…
Browning Investments is contemplating developing a business park just north of Indianapolis International Airport in what
would be the largest development to date in the so-called Minnesota Street corridor.
Phony going-out-of-business sales long have plagued Oriental rug retailing here and across the country, dealers say. The industry
is susceptible because Oriental rugs can cost thousands of dollars, and many consumers lack the expertise to judge whether
a rug’s quality matches its price.
Indiana weather is notorious for the volatile swings it can produce from one day to the next. Just this month, high temperatures in Indianapolis fluctuated about 40 degrees within 48 hours. The disparity in major storm damage that befell the state the past two years is quite unusual, though, even by Hoosier standards. Statewide property losses totaled $1.5 billion in 2006, the most in the nation, due in large part to what’s become known as the Good Friday hailstorm. Last…
A bill that would have removed hurdles to state and local prosecution of environmental crimes has perished in committee, leaving the federal government virtually alone as the sole seeker of jail time for the worst offenders. With the demise of Senate Bill 199, the Indiana Department of Environmental Management will continue to resolve most pollution cases through civil penalties rather than bringing criminal charges. Last year, IDEM assessed $5.2 million in civil penalties, down from $7.75 million in 2006 but…
Lawmakers last year approved a bill that would have given the NFL a onetime tax break on spending and revenue tied to the 2011 Super Bowl, a moot point once team owners awarded the game to Dallas. Now, similar legislation has passed both chambers of the General Assembly-this time extending the exemption to the NCAA, which has committed to hosting its Final Four basketball championships in Indianapolis regularly through 2039. If signed into law, the measure would allow the NFL…
If your friend or relative is hurt in a car accident, but you werenâ??t involved in the accident, is an
insurance company obligated to pay you damages for emotional distress?
Until this week, the answer was yes.
The Indiana Supreme Court
Not surprisingly, not everyone is thrilled with former Indiana University and Texas Tech basketball coach Bob Knight joining ESPN’s in-studio crew for its NCAA March Madness coverage. Knight’s move to the media…
Construction won’t begin on the ambitious Penn Centre proposal for at least a few more months, but the project still is a go, said developer J. Greg Allen, who also…
New Line Cinema today is releasing its latest feature film, giving a comedic glimpse of life in the American Basketball Association. Will Ferrell plays Jackie Moon, an ABA player-owner trying to break into…
In yesterday’s IBJ Daily A&E e-mail, I discussed the Children’s Theatre Institute at the Junior Achievement Center, which officially opens its doors tonight with a party and performance of “Treasure Island.” The company promises a full slate of kid-centric productions,…
So what’s your verdict on Thursday evening’s IBJ Night at the Movies film “The Other Boleyn Girl”?
(Sorry I couldn’t make it.)
Your thoughts?
A throng of media members besieged Indiana Pacers players and front office executives after the team’s practice today at Conseco Fieldhouse, seeking comment about the latest off-court incident involving a Pacers player. This…
Does Gov. Mitch Daniels’ anointing of auto racing industry veteran Rollie Helmling as the state’s motorsports development director–or the unification of the Indy Racing League and Champ Car–create more motorsports business opportunities here? While state officials say yes, others in…
Shares of Eli Lilly and Co. fell this morning after the company announced regulators had rejected its application for a long-acting, injectible version of its best-selling drug, Zyprexa. Lilly’s stock price fell roughly 2 percent, to $50.73. The U.S. Food and Drug Administration said in a “not approvable” letter that it needs more information on […]
While this blog has loads of readers (110,000 page visits in January.), I’ve found, anecdotally, that that number includes some who know little about IBJ’s other arts and entertainment coverage.
So I thought I’d take today’s posting and give you a…
Profit at Hurco Cos. Inc. soared 45 percent in its first fiscal quarter on a surge in sales in Europe and Asia. The Indianapolis-based machine tool maker reported $7.8 million in profit in the quarter ended Jan. 31. About 10 percent of the $60.9 million in sales resulted from a weakened dollar. A cheaper dollar […]
Eli Lilly and Co. has been rejected in its attempt to win approval for a long-acting, injectible version of its best-selling drug, Zyprexa. The U.S. Food and Drug Administration told the Indianapolis-based drugmaker in a “not approvable letter” that it needs more information on the medicine’s major side effect, excessive sleepiness, the Indianapolis drugmaker announced […]
Only 18 percent of people polled in a survey by Bloomberg and the Los Angeles Times said they plan to spend the federal government’s rebate check when it comes. A third plan to save it and about another third said they’ll pay off debt with the money. Congress approved the rebate checks on the expectation […]
