Stories tagged with "Business"

Foreclosure crisis is spreading by indystar

Report: Borrowers with good credit are defaulting, too, after job losses WASHINGTON — The foreclosure crisis likely will persist well into next year as high unemployment... – Nov 20, 2009 at 12:00 AM in Business

Conseco is planning to sell up to $230 million in stock by indystar

Indianapolis — Carmel-based insurer Conseco says in a new filing with the Securities and Exchange Commission that it may sell up to $230 million of stock. Conseco plans to... – Nov 20, 2009 at 12:00 AM in Business

Indiana partners with Japanese trading firm by Tom Spalding

ITOCHU Corp., a Japanese trading firm already partnering with Indianapolis-based electric vehicle battery maker EnerDel, may be developing a more significant presence in the... – Nov 19, 2009 at 12:22 PM in Business

Speedway revs up $500 million redevelopment plan by Josh Duke

In front of a backdrop of workers removing asphalt, government and business leaders from Speedway and Marion County broke ground today on a Main Street project that kicks off a... – Nov 19, 2009 at 12:04 PM in West Marion County

Top Eli Lilly researcher Paul's payout: $2M by John Russell

As struggling Indianapolis drugmaker Eli Lilly and Co. slashes thousands of jobs and trims benefits for employees, one top executive is getting a handsome retirement payout. The... – Nov 19, 2009 at 11:00 AM in Business

FAA says computer problem is fixed by indystar

ATLANTA — A problem with the FAA system that collects airline flight plans caused widespread flight cancellations and delays nationwide today, the second time in 15 months that a... – Nov 19, 2009 at 10:45 AM in Nation & World

Indianapolis' Emmis Communications' station taken off air in Hungary by Tom Spalding

Emmis Communications’ national radio station in Hungary, known as Slger, has been taken off the air, and executives at the Indianapolis-based company plan to go to court to get... – Nov 19, 2009 at 8:51 AM in Business

Study to decide if caged chickens are happy by indystar

DES MOINES, Iowa — Are cramped chickens crazy chickens? Researchers are trying to answer that question through several studies that intend to take emotions out of an angry... – Nov 19, 2009 at 8:44 AM in Business

Profits rise 188% for Indiana company Shoe Carnival by Tom Spalding

Consumer interest in wellness footwear and boots helped propel southwestern Indiana retailer-based Shoe Carnival to one of the best quarters in its history. The value-priced... – Nov 19, 2009 at 8:10 AM in Business

$4M grant to aid Indiana autoworkers by indystar

Indiana has won a $4 million federal grant to lead an effort with Michigan and Ohio to help laid-off autoworkers find jobs in the renewable-energy industry and related... – Nov 19, 2009 at 8:07 AM in Business

Conseco may sell $230 million of stock by indystar

Carmel-based insurer Conseco says in a new filing to the Securities and Exchange Commission that it may sell up to $230 million of stock. Marketwatch reports today that Conseco... – Nov 19, 2009 at 7:43 AM in Business

Metropolis developer gets year of home detention in check kiting case by Tom Spalding

Judge orders monitored detention, wants man to repay $382,486 to bank Incorrect information was removed from this story on Nov.19, 2009. A man who once had a net worth of $150... – Nov 19, 2009 at 7:38 AM in Business

Sears posts 2nd consecutive quarterly loss by indystar

Sears Holdings Corp. said today it lost money for the second consecutive quarter as customers spent elsewhere even as the retailer offered a series of early holiday season... – Nov 19, 2009 at 7:04 AM in Business

Medical gear installer expands in Allen Co. by Tom Spalding

Maxim Medical Services Inc., a medical equipment installation and repair firm in Allen County, will expand its operations, meaning 51 new Indiana jobs for the company by 2012. The... – Nov 19, 2009 at 6:57 AM in Business

Simon positions itself to expand by Jeff Swiatek

Nation’s largest mall developer may be preparing to acquire biggest competitor Simon Property Group may be laying the groundwork for the biggest acquisition of its 49-year... – Nov 19, 2009 at 1:23 AM in Retail/Real Estate

Indiana on short list for electric car plant by Ted Evanoff

Electric car maker hopes to have vehicle on the streets by next fall Norwegian carmaker Think is racing to secure a plant site in Indiana, Michigan or Oregon, get a U.S. grant,... – Nov 19, 2009 at 12:00 AM in Business

Tuning into social media by Daniel Lee

Account exec says online pursuits can bring payoff Elizabeth Friedland, account executive with Indianapolis ad and PR firm TrendyMinds, is into social media: She Tweets, blogs and... – Nov 19, 2009 at 12:00 AM in Business

Keystone Towers complex fails to sell in auction by indystar

Indianapolis — An online auction for the nonperforming loan on the vacant Keystone Towers complex failed to bring a bid acceptable to the seller when it ended Wednesday.... – Nov 19, 2009 at 12:00 AM in Retail/Real Estate

Indiana and 2 neighbors will work on auto project by indystar

Indianapolis — Indiana, Ohio and Michigan will work together on a economic research project focusing on how to help U.S. autoworkers move into new careers and how to... – Nov 19, 2009 at 12:00 AM in Business

Fishers chamber president to depart by Chris Sikich

Christi Wolf announced today she will step down as president/chief executive of the Fishers Chamber of Commerce. Wolf has worked in the position for the past 13 years. In a phone... – Nov 19, 2009 at 12:00 AM in Fishers