INSIDE INDIANA BUSINESS: Indiana at center of Comcast-Charter deal

2014-04-28T13:47:00Z 2014-04-28T18:48:56Z INSIDE INDIANA BUSINESS: Indiana at center of Comcast-Charter dealGerry Dick Inside Indiana Business
April 28, 2014 1:47 pm  • 

The big deal between Comcast Corp. and Charter Communications Inc. is a game-changer for the cable industry in Indiana. A map released by both providers shows Charter, or a spinoff managed by the Connecticut based company, will operate the majority of cable television systems in the state. That includes customers in Evansville, Indianapolis, Lafayette, Fort Wayne and Terre Haute, who are currently served by Comcast.

Board of Education Approves New Standards

The Indiana State Board of Education has approved new education standards. The guidelines for math and language arts were proposed by the Indiana Department of Education and the Center for Education and Career Innovation to replace Common Core.

Steel Company to Open First Indiana Facility

Michigan-based Mill Steel Co. is planning to launch a Jeffersonville operation and create more than 40 jobs by 2017. The company intends to pump over $16 million into expanding and equipping a facility at the Port of Indiana Maritime Center.

Weinzapfel to Lead Ivy Tech Region

A former Evansville mayor is the new chancellor of Ivy Tech Community College-Southwest. Jonathan Weinzapfel is moving into the post following the recent retirement of longtime chancellor Daniel Schenk.

Pacers Remember Ramsay

Executives with the Indiana Pacers are remembering a former head coach and basketball Hall-of-Famer as a great coach and better man. Dr. Jack Ramsay guided the team to its first NBA playoff victory in the 1986-87 season. He died Monday. Ramsay was 89.

Prescription App Wins Startup Competition

Northwest Indiana Startup Weekend has announced the winner of its inaugural entrepreneurship competition. PillSched Founder Ginny Angert has developed an application designed to help manage prescription medication.

Indy Downtown Continues to Draw Development

Construction on an $11 million mixed-use development in downtown Indianapolis is set to begin next month. Indianapolis-based Deylen Realty Inc. says SLATE, which will include nearly 70 apartments and close to 10,000 square-feet of retail space, is expected to be complete next summer.

Old National Completes Tower Deal, Reports Earnings

Evansville-based Old National Bancorp says the acquisition of Tower Financial Corp. in Fort Wayne is complete and all Tower locations have been converted to Old National banking centers. The company is also reporting a first quarter profit of $26.5 million, compared to $23.9 million in 2013.

Competition to Focus on Media Technology

Eleven teams of Purdue University students will pitch innovations in media technology Tuesday as part of a biannual competition. The Purdue Foundry and Mishawaka-based Schurz Communications are partnering on the challenge.

Marketing Agency Shuffles Leadership

Tactic LLC in Indianapolis has named Meredith Roney president. She succeeds Phil Daniels, who has taken a senior leadership position with Indianapolis-based TrendyMinds.

CNO Reports Quarterly Loss

Carmel-based CNO Financial Group Inc. is reporting a first quarter loss of $228 million, compared to a profit of $11.9 million during the same quarter the previous year. Chief Executive Officer Ed Bonach says the previously-announced sale of Conseco Life Insurance Co. will enable the company to "shed the legacy of the past" and focus on the middle-income market.

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