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News & Analysis
Research lab could replace ATA headquarters
November 24, 2009
Cory SchoutenPaul Kite Co. has applied for a rezoning of the 16.5-acre site to allow for
non-airport uses.
MoreHaynes reports quarterly, fiscal-year losses
November 24, 2009
Kokomo-based Haynes International Inc.'s efforts to consolidate operations and reduce inventory could not keep it from losing
$3 million in its fiscal fourth quarter, the company announced Monday.
MoreBallard set to shake up CIB with staff moves
November 24, 2009
Peter SchnitzlerCIB Treasurer Ann Lathrop will become board president, replacing Bob Grand at the helm of the organization that oversees the
city's professional sports stadiums and the Indiana Convention Center.
MoreRetail space rises in Carmel
November 24, 2009
Tom HartonRetail construction has all but ground to a halt because of the recession, but that’s not the case in Carmel, where
Keystone Construction Corp. is in the midst of developing a $45 million, mixed-use project.
MoreHillenbrand profits rise despite revenue declines
November 24, 2009
IBJ StaffImproved investment returns and lower costs on diesel fuel and raw materials used in Hillenbrand's products helped improve
company earnings
MoreLumina awards $831,000 to state chamber, commission
November 23, 2009
The Indiana Chamber of Commerce and the Indiana Commission for Higher Education announced Monday afternoon that the Lumina
Foundation for Education has awarded them $831,000 to help fund an initiative designed to increase the number of college graduates.
MoreBiglari was persistent in pressing Western Sizzlin deal
November 23, 2009
Greg AndrewsSteak n Shake CEO Sardar Biglari proposed buying Western Sizzlin in January and again in May and advocated the unusual structure
of the $39 million transaction.
MoreSalvation Army kettles going high-tech
November 23, 2009
Andrea Muirragui DavisThe Salvation Army of Indiana soon will test a swipe-card option for curbside donations to its annual "Tree of Lights" fund-raising
campaign.
MoreIndiana casino owner declares bankruptcy
November 23, 2009
IBJ Staff and Associated PressMajestic Star Casino LLC owns two casinos and a hotel in Gary, a casino-hotel in Tunica County, Miss., and a casino in Black
Hawk, Colo.
MoreWind turbine maker adding 260 jobs in New Albany
November 23, 2009
IBJ StaffCalifornia-based WindStream Technologies Inc. plans to locate a development and production facility at Purdue Research Park
of Southeast Indiana, creating more than 260 jobs by 2012.
MoreRemnants of failed Premier Properties finally hit market
November 21, 2009
Cory SchoutenCB Richard Ellis recently began marketing the most prominent of Premier Properties’ local properties, Metropolis. The
Venu site
at the southwest corner of East 86th Street and Keystone Avenue also is up for grabs.
MoreFalling property prices fuel new wave of bank woes
November 21, 2009
Peter SchnitzlerThe second and third quarters were brutal for Indiana banks, as they set aside big reserves to cover losses on commercial
real estate loans.
MoreHomeownership losing cachet due to housing bust, job losses
November 21, 2009
Cory SchoutenMultifamily housing may not benefit anytime soon from falling rates of homeownership.
MoreFledgling technology park is development bright spot
November 21, 2009
Kim PuckettWestGate@Crane Technology Park is adding office buildings for defense contractors next to the secretive Naval Surface Warfare
Center at Crane.
MoreTop local money managers hedge against stagflation
November 21, 2009
Peter SchnitzlerFaced with the potential for another bout with stagflation, investment managers are scrambling to decide how to face a future
when markets may again be thrown into turmoil by the two-headed monster of frisky price increases and crummy economic conditions.
MoreFewer firms reimbursing workers for tuition
November 21, 2009
Scott OlsonAs corporations continue to dig out from the worst recession in decades, tuition-reimbursement programs are a common
casualty. A survey estimates that 63 percent of companies will
offer undergraduate educational assistance this year compared to 67 percent in 2005.
MoreDenison light-replacement project shows expanding base of green vendors in region
November 21, 2009
Chris O'MalleyIndianapolis parking garage operator Denison shuns sexy LED lighting for Fishers supplier’s induction lights.
MoreHotel TV program touts Indianapolis, helps businesses reach travelers
November 21, 2009
Brock BenefielIndianapolis Visitors Channel, which airs on closed-circuit networks
in more than 6,400 area hotel rooms, highlights some of the city’s most popular attractions and promotes local businesses—both
through traditional advertising and sponsored features.
MoreAirport retailers want relief from street pricing policy
November 21, 2009
Chris O'MalleyAirport concessionaires stung by a 10-percent drop in passenger traffic have asked the Indianapolis Airport Authority to ease
a policy that was implemented more than 10 years ago to keep prices in line with what consumers pay outside
the airport.
MoreNCAA, NBA launch iHoops to promote sport of basketball to future players, fans
November 21, 2009
Anthony SchoettleOne of the legacies left behind by the late NCAA President Myles Brand is a 10-person startup company tucked in a high-rise
office building in downtown Indianapolis that is just starting to make its mark on the basketball world.
MoreHeavyweights may vie to manage venues for troubled CIB
November 21, 2009
Peter SchnitzlerAn aide to Mayor Greg Ballard says he hopes a private operator can find “operating and maintenance savings in the millions."
MoreSome observers fear return of rising prices, stagnant growth
November 21, 2009
Peter SchnitzlerIn the 1970s, stagflation—the unprecedented combination of stagnant economic growth and inflation—threatened to
ruin financial institutions. Now some fear it might make a return.
MoreState's jobless rate ticks up
November 20, 2009
Scott OlsonIndiana's unemployment rate inched up to 9.8 percent in October, reversing small declines recorded in the previous three months,
the Indiana Department of Workforce Development said Friday morning.
MoreReinsurance deal helps Conseco raise cash
November 20, 2009
J.K. WallCarmel-based Conseco's second deal with Minnesota-based Wilton Reassurance Co. will bring in $45 million.
MoreLeader of Fishers chamber stepping down
November 20, 2009
Christi Wolf has served 13 years as president and CEO of the Fishers Chamber of Commerce.
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Who makes Tater Tots? They would be a good sponsor, because $3 Million for the alleged "Greatest Spectacle In Racing" is taters. Tiny, tiny taters. But at least they are making up something of the losses accumulated over the years in this dying sport. Buttock in seat is certainly not doing it, nor eyeball on TV, as evidenced by the lack of both.
We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)
True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.
The Prestige was a great flick.
Larry - even though the race is on ABC, ESPN does all of the work, so that is why ESPN is mentioned. Most sports on ABC are called something like "ESPN on ABC."