Government & Economic Development

Voice-mail firm's latest product helps clients collect overdue debtsRestricted Content

December 1, 2008
Scott Olson
A growing number of companies strapped for cash and struggling to pay their bills on time is presenting an unusual opportunity for Vontoo Inc., a local IT firm.
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Indiana's current recession may be less severe than 1982'sRestricted Content

December 1, 2008
Morton Marcus
With a growing labor market in Indiana, it would seem this recession, thus far, is an economic shock that may be of shorter duration and severity than the 1982 decline.
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State technology interests don't want economy to stifle progressRestricted Content

December 1, 2008
Peter Schnitzler
Indiana legislators are signaling that everyone who receives funding from state government must tighten their belts as tax collections fall short of projections. That could cause pressure for cuts to key technology incentives.
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Chamber launches biz networking online siteRestricted Content

December 1, 2008
The Greater Indianapolis Chamber of Commerce has launched an online business networking site called Indylink.com.
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Transit isn't just an expense; it's an investmentRestricted Content

December 1, 2008
The Metropolitan Development Commission gave Indianapolis area transportation planners the green light Nov. 12 to do an expedited study that would show locations, cost and potential ridership for mass transit routes region-wide.
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Study examines regional commuter rail types and their expenseRestricted Content

December 1, 2008
Chris O'Malley
The Metropolitan Development Commission has given city planners the green light to seek an expedited study that would provide a clearer picture of what a comprehensive regional transit system could look like and how much it would cost.
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Billions lost in state pension-fund falloutRestricted Content

November 24, 2008
Peter Schnitzler
Indiana's public pensions lost $5 billion in the 12 months ending Sept. 30.
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Kenley to lead GOP budget negotiationsRestricted Content

November 24, 2008
In the wake of the 2008 election, State Sen. Luke Kenley, R-Noblesville, has been promoted. to chairman of the powerful Senate Appropriations Committee, which oversees the state budget.
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Automotive Finance Corp. writes off $162 million, reflecting slow auto salesRestricted Content

November 24, 2008
Chris O'Malley
Slowing auto sales have forced Carmel-based Automotive Finance Corp., which lends money to car dealers to buy used vehicles at auction, to take a big write-off on the declining value of its loan portfolio.
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Companies face pension-plan shortfallsRestricted Content

November 24, 2008
Chris O'Malley
Private employers that still offer traditional pension plans are getting a big shock as they assess how much more it will cost to shoulder retirement obligations.
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New president is a sign of hopeRestricted Content

November 24, 2008
The election for me was like looking up for a change instead of having a spiral-down feeling, which was good.
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Fishers tables $100M developmentRestricted Content

November 24, 2008
An Ohio developer and the town of Fishers have agreed to cancel a 2007 development agreement that called for a $100-million mixed-use project featuring 250,000 square feet of retail space and 150,000 square feet of office.
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Let's limit campaigns to public fundsRestricted Content

November 24, 2008
The only way more ideas, more candidates, more party platforms can gain any traction, any consideration by the public at large, would be for all political parties to receive, and run only on public funds.
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Could Mitch Daniels run for prez in 2012?Restricted Content

November 17, 2008
Could Gov. Mitch Daniels run for president in 2012?
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Changes in public policy don't get at root of povertyRestricted Content

November 17, 2008
Mike Hicks
The fixes for poverty, and low-wage workers, are hard, deliberate and done family by family. This is why the cost of the welfare program reforms implemented in 1996 didn't plummet with lower enrollment.
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Obama win buoys backers of pro-union measureRestricted Content

November 17, 2008
Peter Schnitzler
Proposed national legislation that simplifies business unionization is more likely to be adopted during the Obama administration, experts agree.
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Emmis struggling to stay in good stead with lendersRestricted Content

November 17, 2008
Greg Andrews
Emmis Communications Corp. struggles to contain expenses and minimize debts due to radio advertising shortfalls.
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Speedway on track to develop tourism year-roundRestricted Content

November 17, 2008
As the 100th anniversary of the Indianapolis Motor Speedway approaches, the town of Speedway, at long last, is making an aggressive play to turn the world-famous oval into an economic engine that runs year-round.
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Budget cuts threaten local economic data analysisRestricted Content

November 17, 2008
Morton Marcus
Budget cuts could eliminate programs that gather and analyze local and state economic data. This would hurt businesses and economic development officials, since they would not have the data that helps them see how their market differs from the state and the nation.
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Here are tips for small biz survival during recessionRestricted Content

November 17, 2008
Mickey Maurer
For small businesses to survive, they must be prepared to withstand economic difficulties for some time...
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Fed's TARP changes adding to anxietiesRestricted Content

November 17, 2008
Ken Skarbeck
Experts with the Troubled Asset Relief Program, the government's financial bailout program, are struggling to figure out how best to relieve America's financial mess.
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ICVA embarking on new direction with new CEO WelshRestricted Content

November 17, 2008
Anthony Schoettle
Don Welsh is quickly making a name for himself as a change agent. Though few knew what to think when Welsh announced he was leaving Seattle to become Indianapolis Convention & Visitors Association CEO, he's shown he didn't come here to simply wind down his career.
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Builders challenge park fee in ZionsvilleRestricted Content

November 17, 2008
Zionsville Town Council members have until Nov. 17 to decide whether to appeal a judge's decision last month that invalidated the town's park-impact fee.
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Hospitality industry needs state supportRestricted Content

November 17, 2008
At this difficult time in the country's economic life, state leaders should invest in tourism promotion and development.
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Greenfield trying to grow post-secondary presence to aid economic developmentRestricted Content

November 17, 2008
Chris O'Malley
If certain people in Hancock County have their way, one of the fastest-growing new industries here could be adult education.
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  1. The deductible is entirely paid by the POWER account. No one ever has to contribute more than $25/month into the POWER account and it is often less. The only cost not paid out of the POWER account is the ER copay ($8-25) for non-emergent use of the ER. And under HIP 2.0, if a member calls the toll-free, 24 hour nurse line, and the nurse tells them to go to the ER, the copay is waived. It's also waived if the member is admitted to the hospital. Honestly, although it is certainly not "free" - I think Indiana has created a decent plan for the currently uninsured. Also consider that if a member obtains preventive care, she can lower her monthly contribution for the next year. Non-profits may pay up to 75% of the contribution on behalf of the member, and the member's employer may pay up to 50% of the contribution.

  2. I wonder if the governor could multi-task and talk to CMS about helping Indiana get our state based exchange going so Hoosiers don't lose subsidy if the court decision holds. One option I've seen is for states to contract with healthcare.gov. Or maybe Indiana isn't really interested in healthcare insurance coverage for Hoosiers.

  3. So, how much did either of YOU contribute? HGH Thank you Mr. Ozdemir for your investments in this city and your contribution to the arts.

  4. So heres brilliant planning for you...build a $30 M sports complex with tax dollars, yet send all the hotel tax revenue to Carmel and Fishers. Westfield will unlikely never see a payback but the hotel "centers" of Carmel and Fishers will get rich. Lousy strategy Andy Cook!

  5. AlanB, this is how it works...A corporate welfare queen makes a tiny contribution to the arts and gets tons of positive media from outlets like the IBJ. In turn, they are more easily to get their 10s of millions of dollars of corporate welfare (ironically from the same people who are against welfare for humans).

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