Recession

Fishers tables $100M developmentRestricted Content

November 24, 2008
An Ohio developer and the town of Fishers have agreed to cancel a 2007 development agreement that called for a $100-million mixed-use project featuring 250,000 square feet of retail space and 150,000 square feet of office.
More

ChaCha trims employees, modifies biz planRestricted Content

November 17, 2008
Peter Schnitzler
Search engine ChaCha lays off employees, cuts perks, begins limiting its free answers to clients
More

Emmis struggling to stay in good stead with lendersRestricted Content

November 17, 2008
Greg Andrews
Emmis Communications Corp. struggles to contain expenses and minimize debts due to radio advertising shortfalls.
More

Here are tips for small biz survival during recessionRestricted Content

November 17, 2008
Mickey Maurer
For small businesses to survive, they must be prepared to withstand economic difficulties for some time...
More

Budget cuts threaten local economic data analysisRestricted Content

November 17, 2008
Morton Marcus
Budget cuts could eliminate programs that gather and analyze local and state economic data. This would hurt businesses and economic development officials, since they would not have the data that helps them see how their market differs from the state and the nation.
More

Hospitality industry needs state supportRestricted Content

November 17, 2008
At this difficult time in the country's economic life, state leaders should invest in tourism promotion and development.
More

Fed's TARP changes adding to anxietiesRestricted Content

November 17, 2008
Ken Skarbeck
Experts with the Troubled Asset Relief Program, the government's financial bailout program, are struggling to figure out how best to relieve America's financial mess.
More

DBSI, an Idaho company with Indiana properties, faces class-action suitRestricted Content

November 10, 2008
Cory Schouten

DBSI, an Idaho real estate firm with 250 properties worth $2 billion faces a class-action suit. Some of its properties and investors are in Indianapolis.

More

Indiana CEOs are cautious during financial mayhemRestricted Content

November 10, 2008
Greg Andrews

CEOs with Simon Property, Duke Realty Corp. and Interactive Intelligence Inc. report that their companies are taking an uncharacteristically cautious approach to acquisitions and investments, given the faltering economy.

More

Architects and business leaders must work together to prudently maintain, build quality buildingsRestricted Content

November 10, 2008
Don Altemeyer
Especially during a recession, architects need to build strategies to reach new and existing clients and provide them cost-effective design and construction options.
More

Hospitals suffer from spiking bond interest rates, investment lossesRestricted Content

November 3, 2008
J.K. Wall
Indianapolis-area hospitals have suffered a double whammy of spiking interest rates on their bonds and heavy losses in their investment portfolios and are trying to save cash any way they can.
More

After record election revenues, TV ad income may hit 10-year lowRestricted Content

November 3, 2008
Anthony Schoettle
With the economic swoon and no political ad campaigns in 2009, TV ad revenue could hit a 10-year low next year.
More

Bailout helping PNC take over NatCityRestricted Content

November 3, 2008
Cory Schouten
After a 17-year run in Indianapolis, National City's trademark green signs are set to be replaced with the blue of Pittsburgh-based PNC Financial. The $5.6 billion deal raises questions about the government's growing involvement in banking.
More

Turbulent times spell opportunity for small businessesRestricted Content

November 3, 2008
Connie Shepherd
Healthy banks have adopted stronger risk prevention measures for good reasons, but it's important to know that well-performing banks are still writing loans for small business and servicing their needs every day.
More

Market plunge makes investments in good firms a bargainRestricted Content

November 3, 2008
Ken Skarbeck
The stock market rout that began in September and picked up steam in October has taken some quality companies to prices that are the cheapest they have been in decades.
More

Flat passenger counts not seen as threat to paying debt on midfield terminalRestricted Content

October 27, 2008
Chris O\'malley

The big debt payments on the $1.1 billion midfield terminal at Indianapolis International Airport start coming due in January--just as a recession hits and the battered airline industry cuts capacity. Despite the likely prospect of fewer passengers than projected in the next year or two, airport managers say they don't anticipate problems shouldering the roughly $40 million a year in debt burden over the next 30 years for the new facility.


More

Entrepreneurs say businesses must act quickly to survive recessionRestricted Content

October 20, 2008
Peter Schnitzler
Indiana's most seasoned entrepreneurs aren't standing idly by as the nation slides into what many economists believe will be the deepest recession since the early 1980s.
More

Recession takes its toll on charitiesRestricted Content

October 13, 2008
Kathleen McLaughlin

Area not-for-profits are beginning to feel the sting of the year-old credit crunch, which has escalated into a full-blown financial crisis that's battered investors and likely pushed the nation into recession.


More

Real estate agents struggling from trickling home salesRestricted Content

October 13, 2008
Sam Stall

The downturn in the housing market isn't tough just on people trying to sell their homes. It's also tough on the people who want to help those people sell their homes--real estate agents. Locally, their ranks have thinned as more and more leave the field to search for better prospects.


More

Nervous banks cut off some borrowers, tighten reins on othersRestricted Content

October 6, 2008
Cory Schouten

Local companies that rely on credit have seen their borrowing power shrink and in some cases disappear as a deep freeze in the nation's credit markets drives fears of a broad economic slowdown. A handful of businesses, including a Greenwood security firm and an Indianapolis contractor, already have shut down after credit dried up, and others are on the ropes as troubled banks seek to limit their loan exposure.


More

Tough economy touching all industries, but some are hurting more than othersRestricted Content

September 22, 2008
Anthony Schoettle, Cory Schouten

Stock markets are falling, jobs are disappearing, and the outlook for the economy seems grim. Banks, real estate developers, retailers and manufacturers are taking the worst hits, but all types of businesses in central Indiana are hurting. From health care to technology, education to philanthropy, every industry is trying to take the setbacks in stride.


More

Wet spring, slow economy slice into area golf businessRestricted Content

August 25, 2008
Anthony Schoettle
On a typical Saturday at Smock Golf Course on the city's south side, visitors are treated to a symphony of thwacks, pings and the occasional plunk. In good or bad economic times, it seems, people in Indiana and across the country have always played golf. But these days, the sound of that symphony has waned. Nationwide, the number of rounds of golf played through the first half of this year is down 2 percent from last year. In Central Indiana, the situation is worse.
More

Car makers turn up pressure for bigger, but fewer, storesRestricted Content

May 5, 2008
Chris O'Malley
Domestic automakers were already scheming about new ways to chop dealers--cutting costs to service them--as their market share drained to Toyota and other foreign competitors. Now, an economy standing on the brakes could drive another round of dealer consolidations that might not be a good deal for family-owned peddlers of metal.
More

Davis Homes faces lawsuits; DayMarc out of businessRestricted Content

May 5, 2008
Cory Schouten
A depression in the home-building market has claimed a Fishers builder and continues to hammer locally based Davis Homes LLC--a powerhouse for years that now is facing foreclosure on about 80 home sites.
More

Developer pulls back on growth to survive precarious economyRestricted Content

March 31, 2008
Cory Schouten
The CEO of locally based Lauth Group Inc. says most people he knows in the business, even the steely types who always project optimism, are privately nervous about the economic morass that began with a collapse in subprime mortgages.
More
Page  << 1 2 3 4 5 6 7 8 9 >> pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT