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News & Analysis
Indiana Public worker, teacher funds have lost $8B in 15 months
March 2, 2009
Peter SchnitzlerThe state's two biggest pension funds are poised to combine into one Indiana Public Retirement System, with a single executive
director and board.
MoreFor unemployed, searching for job is full-time endeavor
March 2, 2009
J.K. WallAs 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.
MoreRaising already-lofty lodging levy could cause convention planners to bypass Indianapolis
March 2, 2009
Scott OlsonRaising Indianapolis' tax on hotel rooms — already one of the highest rates in the nation — could be the tipping
point that causes conventioneers to bypass Indianapolis, some industry experts say.
MoreBrightpoint adjusts as wireless demand finally cools off
March 2, 2009
Chris O'MalleyAfter years of torrid gains in the number of wireless phones it handles, Brightpoint has had two consecutive comparable-quarter
declines.
MoreIMA's new design store bucks frugality trend
March 2, 2009
Kathleen McLaughlinThe Indianapolis Museum of Art's Design Center opened last October as a complement to the museum's 20th century design collection,
which curator R. Craig Miller expects to grow exponentially.
MoreIPL's plan to stave off power plant upgrades would cost at least $31M
March 2, 2009
Chris O'MalleyIn a move to delay construction of expensive new generating capacity, Indianapolis Power & Light wants to roll out "smart"
electric meters to help customers conserve electricity.
MoreCreative Street scores with online education
March 2, 2009
Anthony SchoettleThe rising popularity of online education is ringing up sales for a local firm better known for video production.
MoreLilly relying on technology to spot management talent
March 2, 2009
Scott OlsonAn electronic succession-planning system created by Eli Lilly & Co. about seven years ago is sniffing out top talent.
MoreFearful companies are curtailing employee insurance, retirement perks
March 2, 2009
J.K. WallExperts worry that if unemployment worsens, even more companies could be forced to cut benefits, especially health insurance.
MorePayroll tax hike looming
February 23, 2009
Peter SchnitzlerShoring up the state's jobless-fund shortfall likely will cost employers and employees more.
MoreNew terminal plays big role in city marketing campaign
February 23, 2009
Scott OlsonLocal tourism supporters are prominently featuring the Indianapolis International Airport's makeover in a branding campaign
rolled out earlier this month.
MoreFast-growing appraisal firm evolves from subprime past
February 23, 2009
Cory SchoutenOne of the largest independent survivors of the subprime debacle is staking its future on a real estate appraisal business
based in Indianapolis.
MoreBroad Ripple natives grow up to be neighborhood entrepreneurs
February 23, 2009
Peter SchnitzlerMany Broad Ripple business owners say the neighborhood is an oasis for eclectic and independent small entrepreneurial ventures.
MoreConventions going high-tech with RFID
February 23, 2009
Anthony SchoettleRadio frequency identification—better known as RFID—is making its way to trade shows and conventions, providing a plethora of information about attendees.
After two decades, future bright for Catheter Research Inc.
February 23, 2009
J.K. WallCatheter Research Inc. now is flying high—even in the midst of a bad economy.
MoreICVA seeks extra $15M to market new center
February 23, 2009
Anthony SchoettleThe Indianapolis Convention & Visitors Association says it needs more sales and marketing firepower to fill an expanded convention
center and adjacent hotels. That means asking the city's Capital Improvement Board—one of ICVA's primary sources of funds—for
a budget increase of up to 50 percent at the worst possible time.
MoreSeasoned stock pros size up slump
February 23, 2009
Sam StallMedia pundits regularly call the current economic crisis the worst since the Great Depression. One of the few Indianapolis
financial experts who's actually qualified to make such a comparison is Donald C. "Danny" Danielson, the 89-year-old vice
chairman of City Securities Corp.
MoreDeHaan's Christel House plots high school, foreign growth
February 23, 2009
J.K. WallChristel House Academy, a K-8 charter school, launched a campaign this year to raise money for a $5 million high school, with
classes starting in the 2010-2011 school year.
MoreCompendium casts eye on national blog market
February 23, 2009
Chris O'MalleyTwo-year-old tech startup Compendium Blogware has launched its first out-of-state sales force and said it signed on 70 new
customers in the fourth quarter.
MorePrivacy, expense are concerns for RFID technology
February 23, 2009
Anthony SchoettleThe vast amounts of personal information capable of being stored through RFID raises privacy concerns. And the cost is significantly
greater than standard bar codes.
MoreGM workers hesitate to bite at buyout bait
February 16, 2009
Kathleen McLaughlinGM 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.
MoreIndians concerned about possible ticket tax
February 16, 2009
Anthony SchoettleSome local officials wrestling with the Capital Improvement Board's $37 million deficit think part of the profit made by the
Indianapolis Indians could be used to narrow that deficit, but Indian officials balk at that idea because they say they've
already paid more than their share.
MoreDow may need to sell Indy's Dow AgroSciences
February 16, 2009
Peter SchnitzlerFinancially strapped Dow Chemical Co. acknowledges it may sell Indianapolis-based Dow AgroSciences LLC, the ag-chemicals-and-biotech
firm that's one of the biggest jewels in the city's life sciences crown.
MoreIndianapolis' sewer project will be the city's biggest public works undertaking since the interstate highway system
February 16, 2009
Chris O'MalleyCity engineers and consultants are fine-tuning plans to build a colossal tunnel to temporarily store water and raw sewage that now shoots into local waterways during rain storms.
Family foundations represent nearly $1 billion in Hoosier assets
February 16, 2009
Kathleen McLaughlinAlthough family foundations may grant as little as $50,000 in a year, these foundations wield influence over other philanthropists,
and one advocate says they could help guide the spending of billions of economic stimulus money.
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In my opinion the estridge companies are crooks. They filed bankruptcy on their 'track housing' side of the business two weeks before they closed on one of my clients' homes. When my client first interviewed Estridge as a builder 6 months before, they specifically ASKED about the solvency of their business, knowing that some builders were struggling. Estridge truly misrepresented their financial situation at that time. I suppose I am more unhappy with the whole system than I am with the builder because what the heck==you can file bankruptcy on 'track homes' but still keep building and make money off of 'custom built' homes??? How ridiculous! They are all homes. How can a company be allowed to bilk thousands of dollars from their subcontractors but still be allowed to build houses?? they should have been made to pay back all their unpaid contractors before being allowed to profit from building any more houses! This alone makes them and the system crooks in my eyes. I would never build an estridge home and I would not recommend for my clients either. If they were truly 'bankrupt' how could they afford to keep building homes anyway??? The whole system needs fixed.
I live a couple blocks east of the Angie's campus and my house is assessed for ~$160,000. If I could get that amount, let alone $384,000 (a 140% bonus), I'd sell in a minute. Either Angie's stockholders just got fleeced, or Angie's is getting about a 58% discount on their property taxes, if these properties are actually worth what they paid Mr. Oesterle for them. Which do you think is the case?
Perhaps the IMA board is really to blame! They agreed to hire Charles. They can't seemingly find donors among themselves, or bring in new blood that will support the museums operating budget with an expanded museum and money to provide curators with something to do (ie buy art). The headlines of disarray at the museum and mass firings are hurting the reputation of the museum for some time to come. If people on the board had misgivings, perhaps they shpuld have more forcefully opposed efforts that they have seemingly been unable to fund, like expansion and the costs it has created!
See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.