Simon, former executive settle fraud suit
Mark Palombaro, a former senior vice president of development, will pay the company $766,000, settling a lawsuit that accused him of getting kickbacks on construction contracts.
Hamilton County
Articles
Fishers shopping center lands new tenants
Kite Realty Group Trust has landed Goodwill, Dollar Tree and Mexico City Grill for a renovation of its Fishers Station shopping center.
NFP of Note: Agape Therapeutic Riding Resources Inc.
Agapé Therapeutic Riding Resources Inc. is committed to providing a comprehensive, experiential equestrian program for those who have disabling conditions or are at risk.
Estridge drops Westfield sports complex, still plans stadium
The Estridge Cos. has withdrawn a proposal to build a massive youth sports complex in its master-planned Symphony development in Westfield.
Hoosier pitches solar-power solution
An Arcadia man has developed a novel way to generate alternating current from the sun.
Eateries cash in on TV appearance
Owners of Edwards Drive In and Bub’s Burgers & Ice Cream say they’ve experienced a large uptick in business after being featured last month on the Travel Channel’s popular “Man v. Food” show. Now Indianapolis’ Flying Cupcake and West Coast Tacos are hoping for their time in the spotlight, too.
Bid deadline looms for former Hilbert mansion
The 25,000-square-foot mansion once owned by Conseco Inc. founder Stephen Hilbert was listed five years
ago at $20 million—and
about half that in recent months. Now the property is being sold in a sealed-bid auction, and offers are due Friday.
Time running out for suburban bus service
Transportation planners are scrambling to find federal funds to help pay for the popular commuter routes from downtown
Indianapolis to Fishers and Carmel.
Hamilton County woman pleads guilty to securities fraud
Dorothy Geisler-Tragardh, who had been a partner in a clean-coal energy company called Praxis Resource Partners LLC, was accused
of running a stock-sale scheme in which she took nearly $2 million from investors.
Schrenker to plead guilty to securities fraud
A former money manager convicted of trying to fake his own death in a Florida plane crash last year has agreed to plead guilty
to securities fraud charges in Indiana. Marcus Schrenker would face 10 years in prison.
Judge to order mediation in Simon estate dispute
Hamilton County Judge William J. Hughes said it's clear that all the parties involved in a series of
disputes surrounding
late mall billionaire Melvin Simon's estate need to "sit across the table from each other and try to work things
out."
Linking Indianapolis-area bus systems becoming priority for planners
Connecting rural bus systems with one another and with IndyGo must happen before commuter rail becomes a reality.
Noblesville’s Sagamore golf club emerges from the rough
The once ballyhooed Jack Nicklaus-designed course near State Road 37 and 166th Street was perilously near bankruptcy just
a year ago.
INSIDE DISH: Kelties eyes return to salad days
Owner and chef Keltie Domina is relying on cost-cutting, an uptick in sales and her talent for shifting strategies
to dig out of a recession-based deficit.
CNO Financial profits surge 20 percent, beating expectations
The Carmel-based life and health insurer earned $33.1 million in the three months ended June 30, or 12 cents per diluted share.
Excluding losses on investments and retired debt, the company would have earned 16 cents per share.
Judge halts distribution of assets from Simon estate
A Hamilton County judge has ordered a halt to distributions from the estate of the late Melvin Simon to his widow Bren or
any other beneficiary without the court's approval.
Delta Faucet parent lowers forecast for housing starts
The Carmel-based company backed off earlier predictions after a mid-year slow-down that could affect its sales.
INSIDE DISH: Italian eatery thrives despite early blunders
For Matteo and Emily Di Rosa, the sustained profitability of Matteo's
Ristorante Italiano is even sweeter in light of the errors of naivete made at the start.
Carmel finishes annexation of Southwest Clay
The community about 10 miles north of Indianapolis grew by 8.3 square miles and 8,000 people Tuesday with the long-planned
annexation.
Holiday Inn to hit auction block with $1M opening bid
A Holiday Inn hotel along Interstate 69 just north of 96th Street in Fishers is scheduled to hit the auction block next month
with a suggested opening bid of $1 million.