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The Metropolitan Development Commission is scheduled tomorrow to consider a tax abatement worth more than $100,000 for The Steak n Shake Co. The incentives would be doled out in exchange for the Indianapolis company’s retaining 160 jobs and a $2.5-million investment in new equipment. IBJ first reported in April on local government plans to throw […]
It looks like Indiana University can scratch one of the candidates for its soon-to-be-vacant athletic director position off the list.
Late yesterday, word began to spread that Indianapolis attorney Jack Swarbrick is a candidate for the Notre Dame athletic director position….
Marketing the Gary SouthShore RailCats minor league baseball team is a struggle because area residents are still mad that the price of the team’s home, U.S. Steel Yard stadium, climbed far beyond original projections. That’s what the team’s new owner, Waukegan, Ill., attorney Patrick Salvi, was told during a speech yesterday to the Gary chamber […]
How did we get to the point where someone can be accused of racial harassment for reading a scholarly book
about the Ku Klux Klan â?? a book in which the good guys, Notre Dame students, whip the bad guys,…
With concerts booked heavily at Verizon Wireless Music Center, the Lawn at White River State Park, the Murat, the Indiana State Fair, Music Mill, the Vogue, the casinos and other venues as well as Indy Jazz Fest, IBE’s Summer Celebration, and RibAmerica, it…
Pennsylvania gambling regulators have unanimously rebuffed an attempt by Indianapolis-based Centaur LLC to gain a temporary slots license that would clear the way to develop a horse race track and casino. Financing for the project expires July 15, a Centaur attorney told the Pennsylvania Gaming Control Board earlier this month. “This whole project could go […]
Indiana ranked 13th on CNBC’s annual list of top states for business, a vast improvement over the 26th place last year. The biggest jumps occurred in the categories of economy, business friendliness, transportation and cost of doing business. The state’s ranking for innovation and access to capital were stagnant. States were ranked on 40 measures […]
There will be a flurry of off-track activity in the next two weeks as the Indy Racing League finalizes its 2009 schedule. Series officials are expected to sit down with several track operators in the next few days to discuss…
Duke Realty Corp., the developer of the mixed-use Anson in Boone County, has chosen Hansen & Horn Group Inc. to build single-family houses in the project. Locally based Hansen & Horn replaces Los Angeles-based KB Home Inc., which backed out of plans to build in Anson when it exited the Indiana market in July 2007. […]
Starbucks Corp. plans to close a location at 3021 W. 16th St. as part of a downsizing that the Seattle coffee giant blames on a slow economy and decline in consumer confidence. About 600 stores will be shuttered nationwide in the pull-back, Starbucks announced July 1. Only one other Indiana location will close, in the […]
AM General, the Mishawaka company that makes Humvee military vehicles and the hulking Hummer sport-utility vehicle, says it’s about to sign an agreement to build the new Standard Taxi for Vehicle Production Group LLC of Troy, Mich. Assembly could begin next year, according to the South Bend Tribune. Prototypes generated by Vehicle Production Group are […]
Angie’s List CEO Bill Oesterle has paid nearly $1.5 million to buy Holy Trinity Greek Orthodox Church in the Meridian-Kessler neighborhood and is renting it to the Indianapolis Opera to use as a multi-function center offering rehearsal space, classes and small performances. “I would have been hard-pressed to tell you much about the Indianapolis Opera before all of this. But I think they’ll be great neighbors,” said Oesterle, who lives on Washington Boulevard, directly north of the church parking lot….
Sky-high oil prices have rekindled an industry in east-central Indiana that many thought had run its course a century ago.
A handful of wily prospectors motivated by oil prices approaching $150 a barrel are betting that’s not the case.
Kathryn Morgan and Richard Cimera met at a dog park in Greenwood, where Cimera’s basset hound won over Morgan’s shy Labrador
and boxer mix. And the owners soon followed suit, dating and then marrying on June 13. When the Greenwood couple planned their
wedding, they wanted a way to share a bit of their happiness. So, in lieu of party favors, they made a donation to an animal-welfare
organization.
This week, a visit to Symphony on the Prairie yields an unexpected treat. Plus, tips for making the most of your evening on the lawn. The crowd was already thick when I arrived a good hour before show time for the Indianapolis Symphony Orchestra’s “Glorious Fourth” concert at Conner Prairie. And so rather than squeeze my blanket onto one of the small patches of available space, I opted to sacrifice sight-lines, staking a claim instead at the upper fringe. There,…
Local big-draw events are itchy to make their first-ever runs in the $675 million Lucas Oil Stadium, in hopes the roomier venue will let them draw more attendees who want to kick the tires and enjoy the new stadium smell. But there’s a trade-off-a bigger price tag to cover security guards, ushers and cleanup. And at least one event is weighing higher ticket prices as a result. “I don’t think there’s any doubt [Lucas Oil Stadium] will cost more based…
The depths of the problems plaguing financial firms were on full display July 7, the date Fannie Mae’s shares dropped 16 percent and Freddie Mac’s tumbled 18 percent. Last December in this column, I marveled at how well the stock market had absorbed a 25-percent nose dive in the stocks of these two mortgage titans during trading Nov. 20. Since their highs last fall, these two institutions that underpin the mortgage and housing market have lost 75 percent of their…
On July 4, my college-aged sons came to visit. We grabbed a late lunch, talked for a while, and sat down in the family room to await the big party in the neighborhood courtyard. Austin and Zach got out their laptops and started browsing. I turned on the TV and started surfing. I landed on HBO’s production of “John Adams.” As we watched, the Continental Congress was in session in 1775 and 1776. The delegates-during and between meetings-were arguing various…
With supreme overconfidence garnered as a result of the Finish Line investment return discussed in my March 24 column, I instructed my retirement plan to purchase shares of Steak n Shake at $6 and change. Steak n Shake owns and operates full-service restaurants with counter and dining room seating. It also has drive-through and carryout service. I have enjoyed Steak n Shake for years, particularly the double steak burger platter and genuine chili. The place is always clean, the food…
Fast-growing Fishers has the kind of assets economic developers dream about-strong schools, affordable housing and median family income of $81,971. Now the town wants to build on that foundation by adding a high-tech business park to its list of amenities. “Businesses are looking to come to a site where they can find employees with the requisite level of education and the ability to get additional education close by. Education is the key,” said Fishers Town Council President Scott Faultless. “We…
