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Economy
Corporate shareholders should demand more
February 9, 2009
Ken SkarbeckFree marketers cringe at the thought of government interference, but the fact is that the taxpayer is now a significant shareholder
in a number of financial businesses.
MoreUnemployment data paints worrisome picture
February 9, 2009
Mike HicksThe most recent data on the U.S. economy continues to be worrying, but a little context remains helpful.
MoreMall giant says it's in good shape, but takes steps to conserve cash
February 9, 2009
Cory SchoutenDespite assurances of strength, Simon Property Group Inc. has decided to pay 90 percent of its dividend in stock, a move that
allows the company to hold onto $925 million in cash this year but could alienate shareholders drawn by the dividend.
MoreKatterjohn's optimism is uplifting
February 9, 2009
I think it is so important to remind people that the one thing we have control of is our attitude. I think you conveyed that
beautifully.
MoreIn hard times, is big-time sports willing to budge?
February 2, 2009
Bill BennerEven as the economy spirals downward, no one gives a thought to bringing some kind of fiscal sanity to the overall enterprise
of sports.
MoreState needs more unemployment analysis, stats
February 2, 2009
Morton MarcusHow are the economic development professionals in each Indiana county supposed to do their jobs when they don't get quality
statistics like those provided to professional sports managers and coaches?
MoreAirport hotel in limbo
February 2, 2009
Anthony SchoettleThe recession, coupled with personnel shifts, have grounded the more than $50-million hotel project adjacent to the new terminal.
MoreLatest jobs numbers may change state's priorities
February 2, 2009
Ed FeigenbaumJobs themselves may become "Job One" for our elected officials.
MoreStakes huge for Indiana as feds weigh stimulus
February 2, 2009
Greg AndrewsA new report by one of the nation's leading economists finds that getting the stimulus package through Congress—
and fast—
has huge implications for Hoosiers.
MoreGrant-makers, stung by market crash, favor safety-net causes, discourage new applicants
February 2, 2009
Kathleen McLaughlinSome major foundations in central Indiana are narrowing grantmaking criteria so they can funnel their reduced asset streams
toward pressing needs brought on by the recession.
MoreLyon takes Finish Line helm as shoppers cut spending
February 2, 2009
Cory SchoutenGlenn S. Lyon, the new head at The Finish Line Inc., has plenty to tackle. Traffic is down at Finish Line stores, sales have
slowed and competitors are slashing prices.
MoreBuy-and-hold a bad tactic in these market conditions
February 2, 2009
If world leaders don't quickly demonstrate the courage to stop printing money, the long term is shot. And since that courage
isn't likely to surface anytime soon, investors should rethink traditional strategies now.
MoreDon't get buried by negative news
February 2, 2009
Chris KatterjohnWhen our economy is
challenged, American resilience and resourcefulness have heretofore always saved the day. I have good reason to believe those
traits will save the day once again.
MoreProposed fiscal stimulus package has high costs
February 2, 2009
Mike HicksExpeditious and clever spending on roads, infrastructure and, in the half-dozen states where it is possible,
a tax cut will determine the success of the stimulus plan.
MoreLet's strive to keep companies here
February 2, 2009
Don't lose sight of viable businesses in your own backyard.
MoreAuctioneers: Recession may be going, but not yet gone
January 26, 2009
Sam StallAuction prices are an economic bellwether, since selling items to the highest bidder an an effective way to determine what
pretty much anything—from a Fortune
500 company to a Hummel figurine—is really worth.
MoreAs Indiana's commerce chief, Roob aims to 'hit on all cylinders'
January 12, 2009
Peter SchnitzlerIBJ talked to new Secretary of Commerce Mitch Roob about Indiana's challenges in 2009, including a recessionary economy, rising
unemployment
and work-force training gaps.
MoreOn inauguration eve, the bar is set at a record low
January 12, 2009
Bruce HetrickA chaotic cancer cell symbolizes perfectly the nation and world Barack Obama will inherit Jan. 20: American automakers on
the brink of collapse. Their vaunted Japanese competitors curtailing production. Factory orders suffering the biggest setback
in eight years. Skyrocketing unemployment.
MoreCollege-affordability debate focusing on wrong issues
January 5, 2009
Mike HicksCollege affordability has gained a lot of attention over the past few years, but I am not sure that the simple focus on costs
is the right way to think about the
problem.
MoreRecession, lockdown of credit hammers businesses of all sizes
December 29, 2008
Cory SchoutenStock markets fell, jobs disappeared, and the outlook for the economy seemed to grow grimmer by the week in 2008. Banks, real
estate developers, retailers and manufacturers took some of the worst hits, but all types of businesses in central
Indiana felt the pain.
MoreStock markets weather historic plunge
December 29, 2008
Greg AndrewsUnless markets surge in the final days of the year, 2008 will go down as the worst year for stocks since the Great Depression.
MoreDavis Homes folds, other builders struggle
December 29, 2008
Cory SchoutenDavis Homes, one of the state's largest home builders, fell victim to the tough housing market, ceasing operations July 23.
MoreConseco's investment loss of $96 million 'pretty good' by comparison
December 22, 2008
J.K. WallEric Johnson, Conseco Inc.'s president over its investment unit called 40/86 Advisors, talked with IBJ about the surprises
of the investing world over the last 18 months.
MoreNote to Hoosier entrepreneurs: Fight on!
December 22, 2008
Jon FordGreat leaders are not born out of good times â?? they are born out of severe challenge.
MoreDistribution holds promise for Central Indiana
December 22, 2008
Chip CutterA new report shows that, despite a sluggish national economy, the Indianapolis area should continue to attract industrial
businesses and distribution centers next year.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!