International Business

HICKS: Chinese tariff is misstep toward trade war

September 19, 2009
Mike Hicks
Just a short year ago, economists of all stripes voiced fears of a rise in economic protectionism like that which contributed mightily to the Great Depression.
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Exports rise despite recessionRestricted Content

April 20, 2009
Chris O'Malley
Indiana's growing shipments to China averts a reversal in exports for the state, but core transportation equipment takes a hit.
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IU hosts important conference on U.S.-China business cooperationRestricted Content

April 6, 2009
Indiana University on April 15-17 will present what might be the most ambitious conference all year on U.S.-China business cooperation.
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Hoosier architects need to reach out globallyRestricted Content

February 16, 2009
Drew White
Indianapolis-area architects are missing out on a wealth of outsourced design work for construction projects.
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City loses a Japanese pioneerRestricted Content

February 2, 2009
Gary Weir
Rev. Itoko Maeda was a citizen of the world, Japanese by birth, American by choice and also a Hoosier who did a tremendous amount to teach the people of this state Japanese and Japanese culture.
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Eli Lilly investing $100M in China, hoping to attract research partners

December 1, 2008
Brian Spegele
Hoping to increase sales in China's rapidly growing pharmaceutical market, Eli Lilly and Co. is charging ahead with plans to invest $100 million in venture capital in the region over the next several years.
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New IRL ethanol deal with Brazil angers U.S. corn growersRestricted Content

December 1, 2008
Anthony Schoettle
The Indy Racing League suddenly finds itself at odds with Midwestern farmers over a decision to make a Brazilian consortium its ethanol supplier starting next year.
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Accounting firms preparing for new international standardsRestricted Content

November 3, 2008
Scott Olson
 For corporations with a global presence, the transition to International Financial Reporting Standards should streamline the world's financial reporting system.
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WellPoint expected to look for growth overseasRestricted Content

July 28, 2008
J.K. Wall
WellPoint Inc., the most dominant health insurer in the United States, registers as barely a pipsqueak in the rest of the world. But it's only a matter of time, say industry experts, before WellPoint plunges into foreign markets to grow sales of its health benefits and services.
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India deal boosts BastianRestricted Content

October 22, 2007
Anthony Schoettle
Little more than a decade ago, Bastian Material Handling had annual sales of less than $35 million. Since 2000, its revenue has doubled, to $80 million, and its business interests don't just cross the state, they circle the globe.
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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