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.
Regional News
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.
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 has withdrawn a proposal to build a massive youth sports complex in its master-planned Symphony development in Westfield.
IU football gains ground as sports program nears financial crossroads
Under Athletic Director Fred Glass, attendance and optimism are on the rise at Indiana University. Soon, he’ll have to decide whether spending millions more on Indiana football is worth the risk.
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.
Logistics firm plans 100-plus jobs in Greenwood
Caterpillar Logistics will lease at least half of a 668,000-square-foot warehouse that has been empty since it was built four years ago.
Family of woman killed by falling bottled-water pallets files suit
The estate of a woman killed when pallets of bottled water fell on her at a Kroger store in Franklin is suing the bottler,
suggesting a new eco-friendly bottle design may have contributed to the accident.
Kokomo firm taps state tax credits to make animated film
Kokomo-based Bach Morris Technologies Corp. will spend $2.4 million to produce “Whoever Heard of a Herd of Fird?”
a movie based on company co-founder Othello Bach’s 1984 best-seller “Whoever Heard of a Fird?” A Ball State
University commercial spinoff will provide production and design services.
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.
Indiana universities nearly double research spending
In the last 10 years, Indiana’s major research universities—Indiana and Purdue—have nearly doubled their
science-based research budgets, to a total of $895 million. Yet Indiana’s public universities still run in the middle
of the pack nationally.
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.
IU enrollment at all-time high
Indiana University says the statewide fall enrollment at its eight campuses should set a new record with
about 109,000 students
in the IU system.
Opponents expected at hearing on I-69 project
Opponents of the Interstate 69 extension from Indianapolis to Evansville are warning that a 27-mile portion of the highway
could inflict significant ecological damage on a sensitive, cave-filled region of the state.
Remy rides home new contract from electric motorcycle maker
MotoCzysz sees the Remy motor as part of an electric motorcycle-based drive system—tailored to automobiles. The companies
collaborated on the winning electric bike at Isle of Man race.
Couple makes home in Ulen mansion built by town’s founder
The talk of the town back in 1929, the Mediterranean-style house at 118 Ulen Blvd. is now simply home for husband and wife
Gary Katona and Jennifer Jones-Katona, former Indianapolis city dwellers who retreated to the quiet “town within a town”
15 years ago.
Industrial market shows strength but faces challenges
About 2.5 million square feet of industrial space is expected to hit the market between now and the end of the year, most
of it in the Plainfield area.
Purdue study: Slowing urban sprawl curbs floods
A new Purdue University study has found that controlling urban sprawl and planting more trees are the keys to reducing water
runoff that causes urban flooding.
Colts see record crowds at training camp in Anderson
Anderson University officials said 85,300 fans turned out at the 18-day camp, almost four times the number that attended camp
last year in Terre Haute.
Kirr Marbach & Co. mutual fund among nation’s best performers
Among value funds that include companies of varying sizes, the performance of the Kirr Marbach Partners Value Fund ranks No.
2 out of 357 similar funds.