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News & Analysis
Diesel dip in price not fueling trucking recovery
December 8, 2008
Scott OlsonHampered much of the year by high fuel prices, trucking companies still may be in for a long haul before they're back on the
road to recovery.
MoreManufacturing Extension Partnership nearly doubles Indiana clients served
December 8, 2008
Scott OlsonManufacturing Extension Partnership, an initiative formerly managed by the state, is thriving under Purdue University's leadership.
MoreWomen are top leaders in Hoosier public health posts
December 8, 2008
Cynthia SequinDr. Judith Monroe, Dr. Virginia Caine and G. Marie Swanson are three local women who have risen to leadership positions
in the health care community.
MoreEconomic slump causes ISO leaders to delay capital campaign
December 1, 2008
Kathleen McLaughlinThe Indianapolis Symphony Orchestra's operating loss of $293,000 during the most recent fiscal year is not nearly as troubling
in the long term as the symphony's shrinking endowment.
MoreKosene & Kosene embroiled in 62 lawsuits
December 1, 2008
Cory SchoutenIndianapolis developer Kosene & Kosene is battling buyers over a $500 million condo project near Fort Myers.
MoreState public company execs grab up stock as prices fall
December 1, 2008
J.K. WallThe unprecedented plunge on Wall Street the last three months has spurred a couple of dozen executives and directors at Indiana
public companies to scoop up shares in their own companies.
MoreShepherd lengthens its reach by merging with other charities
December 1, 2008
Kathleen McLaughlinShepherd Community Inc., a Christian-based organization serving the near-east side, is pulling other charities into its fold
at a pace not often seen in the local not-for-profit sector.
MoreIndiana bankruptcies soar
December 1, 2008
Peter SchnitzlerIndiana bankruptcies are rising toward levels not seen since Congress tightened filing rules three years ago, and experts
say stretched consumers and businesses probably won't reap benefits of an improved economy for at least a year.
MoreEli Lilly investing $100M in China, hoping to attract research partners
December 1, 2008
Brian SpegeleHoping 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.
MoreSouthwest swoops in to benefit from ATA Airlines' bankruptcy
December 1, 2008
Chris O'MalleySouthwest is striking a deal to acquire ATA's valuable landing slots at LaGuardia
and most of the dying airlines' remaining assets for $7.5 million.
MoreNew IRL ethanol deal with Brazil angers U.S. corn growers
December 1, 2008
Anthony SchoettleThe 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.
MoreStudy examines regional commuter rail types and their expense
December 1, 2008
Chris O'MalleyThe 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.
MoreExit of anchor complicates Lafayette Square overhaul
December 1, 2008
Chip CutterThe demise of apparel retailer Steve and Barry's University Sportswear deals another blow to efforts to turn around the ailing
Lafayette Square Mall.
MoreVoice-mail firm's latest product helps clients collect overdue debts
December 1, 2008
Scott OlsonA 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.
MoreState technology interests don't want economy to stifle progress
December 1, 2008
Peter SchnitzlerIndiana 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.
MoreCompanies face pension-plan shortfalls
November 24, 2008
Chris O'MalleyPrivate 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.
MoreBillions lost in state pension-fund fallout
November 24, 2008
Peter SchnitzlerIndiana's public pensions lost $5 billion in the 12 months ending Sept. 30.
MoreGreensfork Township State Bank to acquire local startup that failed to live up to high hopes
November 24, 2008
Cory SchoutenA rural Indiana bank that specializes in farm lending has agreed to buy Symphony Bank for less than the ambitious startup
spent to build its extravagant branch on 96th Street.
More$40M prison work program helps inmates, businesses
November 24, 2008
Whitney LeeIf you've ever cooked a hamburger over a grill at Shakamak State Park, sat in a hospital waiting room chair, or sipped from a water fountain, you may have used products made by Indiana convicts. Although offender work programs have been around since the 1920s, most Hoosiers know little about the Indiana Department of Correction's prison-based industries, which generate $40 million a year in revenue.
Central Indiana colleges on alert to slow spending
November 24, 2008
J.K. WallMost colleges and universities in central
Indiana are being especially frugal because the value of their university endowments has plunged along with the market,donations
may decrease, and enrollment may decline, due to lack of student loan availability.
MoreGreen Mountain entrepreneur compiles 17-percent stake in struggling Noble Roman's
November 24, 2008
Cory SchoutenRobert P. Stiller, a lifelong entrepreneur who built Green Mountain into a wholesale coffee giant with 7,000 customers and
$500 million in revenue, owns 3.4 million shares, or 17 percent of the Noble Roman's company.
MoreAutomotive Finance Corp. writes off $162 million, reflecting slow auto sales
November 24, 2008
Chris O'MalleySlowing 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.
MoreSiegel's NASCAR future in doubt after merger
November 24, 2008
Anthony SchoettleChip Ganassi's NASCAR team is teaming with Dale Earnhardt Inc. where Max Siegel has served as president of global operations
since early 2007, and the former Baker & Daniels attorney may be among many laid off in the merger.
MoreSelf-serve chili could help Charlie & Barney's grow nationally
November 24, 2008
Sam StallCharlie & Barney's is quietly expanding into unorthodox niches, placing its product in unusual places — like convenience
stores.
MoreIndiana's new superintendent of public instruction ready to tackle challenges
November 24, 2008
Scott OlsonTony Bennett, Indiana's new superintendent of public instruction, says his priorities include restoring discipline to the
classroom, recruiting topnotch teachers and adequately compensating
them, increasing the percentage of education dollars spent directly on instruction, and reducing regulations so schools can
focus more on student instruction.
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So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.
Owner occupied housing. Clear enough?
So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.
Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.
RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.