Economy

C.P. Morgan's demise puts 2,000 home sites on market already overwhelmed with landRestricted Content

March 9, 2009
Cory Schouten
The end of C.P. Morgan, the largest central Indiana builder for a decade, will throw 1,200 home lots and options for 800 more onto an already flooded land market.
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Struggling contractors hope for sale of factoryRestricted Content

March 9, 2009
Kathleen McLaughlin
Contractors struggling under the weight of an unfinished factory in Tipton are hoping for a quick sale to recover at least some of the $44 million they say they're owed by Getrag Transmission Manufacturing.
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Feelings may contradict economic factsRestricted Content

March 9, 2009
Morton Marcus
How we feel individually about the economy is often at odds with how the economy is performing.
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Answer to stimulus formula equals inflationRestricted Content

March 9, 2009
Mike Hicks
When economists worry about the health of the banking system, it is primarily because we are concerned with a stable velocity of money.
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In times of trouble, encountering a chance to let it beRestricted Content

March 9, 2009
Bruce Hetrick
I went to church Sunday night. It wasn't a religious experience â?? wasn't supposed to be, anyway.
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For unemployed, searching for job is full-time endeavor

March 2, 2009
J.K. Wall
As job losses accelerate in the worst recession in a generation, it's becoming tougher and tougher for even well-educated, experienced professionals to find work �¢?? or at least to find a job in the area and at the pay they want.
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Brightpoint adjusts as wireless demand finally cools offRestricted Content

March 2, 2009
Chris O'Malley
After years of torrid gains in the number of wireless phones it handles, Brightpoint has had two consecutive comparable-quarter declines.
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Geist restaurateur buffeted by financial squalls

March 2, 2009
Greg Andrews
Henri and Shelley Najem, who own The Bella Vita restaurant in Geist, represent the scores of Indiana restaurant operators feeling financial pressure, given the severe economic slump.
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War did not end the Great DepressionRestricted Content

March 2, 2009
Morton Marcus
It was not World War II that moved America out of the Great Depression.
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Fearful companies are curtailing employee insurance, retirement perksRestricted Content

March 2, 2009
J.K. Wall
Experts worry that if unemployment worsens, even more companies could be forced to cut benefits, especially health insurance.
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Market, not bailouts, should stimulate refinancingsRestricted Content

March 2, 2009
Mike Hicks
Markets, no matter how imperfect, not government programs, manage the economy.
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All of us Belongers, building castles in the sandRestricted Content

February 23, 2009
Bruce Hetrick
On vacation in the British West Indies, we see the decline from just a year ago at this same beautiful spotâ??fewer families at play, fewer retirees strolling arm and arm, fewer young couples slathering one another with sunscreen.
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How to innovate your way out of this recessionRestricted Content

February 23, 2009
CJ McClanahan
It doesn't matter what industry you are in or how well you have prepared--we will all be affected by what has taken place in the financial markets over the past several months.
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Economic illnesses are like virusesRestricted Content

February 23, 2009
Morton Marcus
What kind of remedy should be applied to the economy? Surely we want something that will work quickly. But we also want something that will help provide income in the future. That's called investment.
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GM workers hesitate to bite at buyout baitRestricted Content

February 16, 2009
Kathleen McLaughlin
GM workers must decide by March 24 whether to take a buyout, but the lack of jobs due to the recession coupled with the cost of health care makes their decision especially difficult.
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A showy millionaire faces spate of lawsuits

February 16, 2009
Greg Andrews
A recent spate of lawsuits, filed by a who's who of Indianapolis businessmen, exposes cracks in Tim Durham's veneer of opulence.
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Orchestra lays off eight as donations, ticket sales dropRestricted Content

February 16, 2009
The Indianapolis Symphony Orchestra will look to volunteers to help cover the work done by eight people who were laid off last week in a move to trim $600,000, or 2 percent, from the $29.5 million annual budget.
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Papa's college funds hit the skidsRestricted Content

February 9, 2009
Mickey Maurer
When I read the year-end statements from the 529 College Saving Plans I had established for the benefit of my grandchildren, I felt lower than a snake's belly.
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Corporate shareholders should demand moreRestricted Content

February 9, 2009
Ken Skarbeck
Free 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.
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Unemployment data paints worrisome pictureRestricted Content

February 9, 2009
Mike Hicks
The most recent data on the U.S. economy continues to be worrying, but a little context remains helpful.
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Mall giant says it's in good shape, but takes steps to conserve cashRestricted Content

February 9, 2009
Cory Schouten
Despite 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.
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Katterjohn's optimism is upliftingRestricted Content

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.
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In hard times, is big-time sports willing to budge?Restricted Content

February 2, 2009
Bill Benner
Even as the economy spirals downward, no one gives a thought to bringing some kind of fiscal sanity to the overall enterprise of sports.
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State needs more unemployment analysis, statsRestricted Content

February 2, 2009
Morton Marcus
How 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?
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Airport hotel in limboRestricted Content

February 2, 2009
Anthony Schoettle
The recession, coupled with personnel shifts, have grounded the more than $50-million hotel project adjacent to the new terminal.
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  1. Choice between a democrat and a question mark? Take the question mark. We have all seen what the democrats will do.

  2. Its easy to blame workers. What about the Management of the Mill. Its not smart in business to not have a back up plan. Workers are afforded sick days in most cases. Union or not. Whether drunk partying, or a real sickness. Why would you as a businessman/woman not have a rotation of workers incase this happens. This is not an exclusive union protection. If the company can prove bad intentions on the part of any union employee. They can take action. Most CBA's have a 3 strike policy. Just like most Non-union company policies. You should read a CBA sometime. There are protections for companies too. Unions understand that businesses need to make money. If they don't, the union's member won't have a place to work.

  3. My kids play hockey on the North side and we have been very happy with the youth program. More Ice would create more opportunity for kids to pay this great sport. With 3 rinks that would also create more figure skating opportunities. What better gift to give your kids than a sport they will love!

  4. Naah, only Indy place fans were robbed of seeing Zanardi race. CART fans saw his amazing talents just about every weekend. And F1 fans saw him too. Zanardi didn't care he wasn't at Indy, neither do 99.18% of other race fans world wide. And CART fans are quite pleased of the domination of their drivers and owners have had at Indy, in the IRL, and in the current Indycar series....almost 99.18% of the time since 2000 Indy 500. I respect Zanardi, but his life goes on without Indy. Sucks to be you Capt.

  5. So let me get this right: gun permits online are fraud proof, but voting is as easy as 1-2-3.--But at least we agree that someone without a photo ID cannot be trusted with a gun.

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