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First Internet Bancorp, the parent of First Internet Bank of Indiana, today reported its first quarterly loss in eight years as borrowers continue to struggle to repay their loans. The Indianapolis-based bank posted a loss of $209,445 in the first quarter, compared with profit of $369,939 in the same quarter a year ago. Revenue increased […]
A young adult from northern Indiana has the state’s first confirmed case of swine flu, but the state health commissioner says the person is “doing well.” Health Commissioner Judy Monroe said today the person was a young adult from northern Indiana, but released no other details. She said that the ill person had not recently […]
First Internet Bancorp, the parent of First Internet Bank of Indiana, today reported its first quarterly loss in eight years as borrowers continue to struggle to repay their loans. The Indianapolis-based bank posted a loss of $209,445 in the first quarter, compared with profit of $369,939 in the same quarter a year ago. Revenue increased […]
The Indiana health commissioner said this morning that one swine flu case has been confirmed in the state and that the person is “doing well.” Commissioner Judy Monroe said the person was a young adult from northern Indiana, but she released no other details or how the person might have acquired the illness. She said […]
More than 300 Indianapolis Public Schools employees might lose their jobs and as many as six schools could be closed when the school board votes tonight on a plan to address the district’s $25 million budget shortfall. A proposal would reduce IPS staff by about 300 teachers, while shuffling 60 administrators. The meeting is set […]
Indianapolis Mayor Greg Ballard is hosting a re-entry service program today for ex-offenders. At least 112 service providers are registered for the event. The program will allow organizations to share information about job opportunities with ex-offenders who seek employment. It’s being held at the Indianapolis Training Center, 2820 N. Meridian St., and runs until 3 […]
The Indy Racing League is taking a serious look at holding a race in China as early as 2011. Series officials said there are several good reasons why the league may want to…
This morning, the Supreme Court said in another of its 5-4 decisions that the federal government has authority
to regulate occasional instances of profanity on broadcast television and radio, called â??fleeting expletives.â??
But the high court also ordered a…
It happened again on Sunday.
During an intensely delicate — and totally silent — moment in the Indiana Repertory Theatre’s production of “Rabbit Hole,” an audience member opted to unwrap a piece of candy. Not a get-it-over-with unwrapping, this process took…
The spring selling season is traditionally one of the busiest for area real estate agents, but this year brokers say they’re confronting a new challenge: buyers’ emotions. With the economy in a slump, agents say today’s homebuyers are often protracting negotiations, making extreme low-ball bids and pushing for major repairs and improvements before they’ll sign […]
Since the Indianapolis Star this morning provided a rather incomplete picture of the Indianapolis Colts’ draft grade, I thought I’d complete the picture.
It’s true that USA Today’s Larry Weisman gave the Colts a…
Thousands of union workers packed the Statehouse yesterday to protest proposed cuts in jobless benefits as lawmakers try to compromise on legislation to fix Indiana’s bankrupt unemployment insurance fund. Republicans who control the Senate have proposed a plan that would increase employer taxes, reduce benefits for most jobless claimants and tighten eligibility standards. Democrats who […]
Steak n Shake Co. has changed the name of its miniature Steakburgers to settle a trademark-infringement lawsuit brought by Miami-based Burger King Corp. The Indianapolis-based chain was slapped with a lawsuit last month after it unveiled slider-style hamburgers called Steakburger Shots, a moniker Burger King said was “confusingly similar” to its trademarked BK Burger Shots, […]
U.S. Rep. Mike Pence says a proposal by congressional Democrats to regulate gases some blame for global warming could cost the average American household more than $3,000 a year in higher energy costs. Pence, a Republican from Indiana, said Democrats’ proposed cap-and-trade legislation to deal with carbon dioxide emissions would also drive more American manufacturing […]
While many central Indiana companies are cutting costs, hundreds of Indianapolis city workers are surviving and even thriving in the recession. They’re raking in millions of dollars in overtime pay. Fox 59 will have more at 10 p.m.
Indianapolis Mayor Greg Ballard joined officials from the Indianapolis Private Industry Council and Clarian Health this morning to announce new summer youth employment and education opportunities. The program is supported by federal stimulus dollars distributed through the Workforce Investment Act. A recent report from the U.S. Bureau of Labor Statistics found the teenage unemployment rate […]
There have been no confirmed cases of swine flu in Indiana, according to the State Health Department, but officials are sending two flu samples to the Centers for Disease Control for testing. In the meantime, schools and businesses are being asked to review their contingency plans. The health department has more than 650,000 anti-viral doses […]
Indiana congressman Dan Burton and Marion Mayor Wayne Sebold announced a job fair earlier today and are encouraging area businesses to participate. The 2009 HIRE, or Help Indiana Regain Employment, job fair will be open to any Hoosier seeking employment. It’s scheduled for June 29 at Indiana Wesleyan University’s Indianapolis campus.
First quarter profit for Old National Bancorp fell 51 percent from the same period a year ago, but the company still managed to exceed analysts’ expectations. The Evansville-based parent of Old National Bank this morning announced profit of $9.4 million, or 8 cents per share – beating analysts’ estimates by 2 cents. Revenue of $107.2 […]
Construction workers gathered in Indianapolis for a midday rally at the Indiana Statehouse to protest proposed cuts in unemployment insurance benefits. Lawmakers have been trying to come up with a solution for the state’s unemployment insurance fund, which has been paying out hundreds of millions of dollars more in benefits than it has been collecting […]
