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IMS moves might spur development

It’s been a big year for the Indianapolis Motor Speedway and Indy Racing League. The IRL has seen some growth in this season of unification, with more viewers overall for the IRL and…

Real estate investment firm files bankruptcy

An Idaho real estate firm that sold interests in central Indiana properties to dozens of investors around the country filed for Chapter 11 bankruptcy protection in Delaware today. DBSI Inc.’s local properties include three buildings in the Allison Pointe office park, and an office building at Heritage Park; both locations are on the northeast side. […]

Retired Herff Jones chief donates $1M to St. V

St. Vincent Foundation said today that it will use a $1 million donation from retired Herff Jones Inc. CEO A.J. Hackl to set up a permanent endowment for the St. Vincent Joshua Max Simon Primary Care Center. The center, which serves poor and uninsured patients, opened in October 2007 at 8414 Naab Road, across from […]

Irwin says latest quarter shows improvement

Struggling Irwin Financial Corp. reported today that it lost $54 million in the third quarter, down from $108 million in the second quarter, and said it is making progress turning itself around. The Columbus-based banking company is scaling back its far-flung operations and increasing its capital. Columbus neighbor Cummins Inc. last month committed to purchase […]

New York Stock Exchange suspends Accuride

Evansville-based truck parts maker Accuride Corp. disclosed today that its stock has been suspended from trading on the New York Stock Exchange. Accuride’s market capitalization in the past month fell below the minimum average of $25 million. The company’s average had fallen to $9.2 million when Accuride warned of the potential delisting late last month. […]

Testing firm reorganizes, launches new focus

Indianapolis-based contract research firm Harlan Sprague Dawley has re-branded itself, bringing its multiple companies under one name – Harlan Laboratories Inc. Harlan, which provides animal testing and other kinds of pre-clinical research services, employs 3,000 workers in 12 countries, including 300 in Indianapolis. Its subsidiaries included SafePharm, a contract research firm for the chemical industry, […]

Downtown development great for citizens, visitors

The development of shopping, restaurants, museums, public arts and hotels downtown in the past 25 years has made Indianapolis
a vibrant, more interesting place to live—and to visit.

Change begins with everyone, not just Obama

Sen. Barack Obama’s election and call for change and hope, as well as Ind. Gov. Mitch Daniels’ re-election after
dramatic changes, shows that Americans can become successful again.

Indiana CEOs are cautious during financial mayhem

CEOs with Simon Property, Duke Realty Corp. and Interactive Intelligence Inc. report that their companies are taking an uncharacteristically
cautious approach to acquisitions and investments, given the faltering economy.

Indianapolis eye surgeon popularizes new transplant technique

Dr. Francis Price Jr. has brought hundreds of eye surgeons to Indianapolis to train them in how to use
a new cornea transplant technique that has swept the ophthalmology field—DSEK, which stands
for Descemet’s stripping endothelial keratoplasty.