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Year in Review
Banks gobble TARP money, suffer losses
December 26, 2009
Peter SchnitzlerThe housing meltdown and recession gave banks in Indiana and across the nation their biggest test in decades.
MoreHealth care industry braces for reform
December 26, 2009
J.K. WallCongress is on the cusp of transforming health insurance—if it can pass a health reform bill that was losing popularity
late in the year.
MoreSlump sets Hoosier job levels back 14 years
December 26, 2009
Norm HeikensThe 131,000 jobs lost
in the 12 months ended in November amounted to a 7.2-percent decline and were nearly equivalent to the combined populations
of Carmel and Fishers.
MoreFirst decade of century marked by buyouts and bubbles
December 26, 2009
J.K. WallThe decade witnessed a massive terrorist attack, two wars, and a building-and-buyout boom fueled by easy credit.
MoreSymphony ousts maestro, reports historic budget gap
December 26, 2009
Kathleen McLaughlinThe Indianapolis Symphony Orchestra experienced a year of financial and leadership shocks, as it reported a $2.8 million
budget shortfall and abruptly dismissed Music Director Mario Venzago.
MoreRecession, lockdown of credit hammers businesses of all sizes
December 29, 2008
Cory SchoutenStock markets fell, jobs disappeared, and the outlook for the economy seemed to grow grimmer by the week in 2008. Banks, real
estate developers, retailers and manufacturers took some of the worst hits, but all types of businesses in central
Indiana felt the pain.
MoreStock markets weather historic plunge
December 29, 2008
Greg AndrewsUnless markets surge in the final days of the year, 2008 will go down as the worst year for stocks since the Great Depression.
MoreDaniels, Obama cruise to victory
December 29, 2008
Peter SchnitzlerThe last time Indiana went for the Democrat in a presidential election, Lyndon Johnson trounced conservative Barry Goldwater
at the 1964 polls. More than 40 years later, Sen. Barack Obama earned his historic White House victory thanks, in part, to
Hoosiers' 11 electoral votes.
MoreLilly makes $6.5B acquisition
December 29, 2008
J.K. WallEli Lilly and Co. CEO John Lechleiter played a game of pharmaceutical poker with former Lilly Chief Financial Officer Jim
Cornelius—and won.
MoreActivist shakes up Steak n Shake after taking control
December 29, 2008
Cory SchoutenAfter months of agitating for changes at The Steak n Shake Co., investor Sardar Biglari finally got a shot at putting his
theories into action.
MoreStadium, airport terminal open
December 29, 2008
Anthony SchoettleThe $720 million Lucas Oil Stadium opened in August, just in time for the Indianapolis Colts' season. Indianapolis International
Airport's $1.1 billion midfield
terminal, meanwhile, took off in November.
MoreIndy scores 2012 Super Bowl
December 29, 2008
Anthony SchoettleIn May, Indianapolis narrowly won the right to host the 2012 Super Bowl, beating out Phoenix and Houston at the National Football
League owners' meeting in Atlanta.
MoreMergers transform Indianapolis legal landscape
December 29, 2008
Scott OlsonIndianapolis law firms finally jumped in a big way into the merger mania that's sweeping the legal profession.
MoreSports veteran picked to plan Indianapolis Super Bowl
December 29, 2008
Anthony SchoettleThe woman chosen as CEO of the city's Super Bowl host committee isn't exactly a household name, but those who hired her think
she'll make Indianapolis the best host city ever.
MoreTax caps thrill homeowners, assessments chill businesses
December 29, 2008
Peter SchnitzlerSoaring property taxes were arguably Indiana's biggest problem in 2007. In 2008, the Legislature approved property tax caps
as a solution. But because the caps haven't been implemented, debate is still raging over the consequences the caps will have
for local governments and whether they should be made permanent.
MoreHigh-flying Premier Properties crashes
December 29, 2008
Cory SchoutenThe founder of local real estate firm Premier Properties USA Inc. saw his company falter this year and faced three felony
charges in connection with its downfall.
MoreBig Three automakers stay alive
December 29, 2008
Kathleen McLaughlinThe weakest of the Detroit Three, Chrysler LLC and General Motors Corp., said they would run out of cash in 2009, potentially
eliminating tens of thousands of jobs in Indiana alone.
MoreWellPoint shares suffer
December 29, 2008
J.K. WallIt was a bad year to be a shareholder of most companies. But the value of the Indianapolis-based health insurer's stock lost
more than 55 percent of its value during the year.
MoreTourism chief hired from Seattle
December 29, 2008
Anthony SchoettleThough few knew what to think when Don Welsh announced in June he was leaving Seattle to become Indianapolis Convention &
Visitors Association CEO, he's shown he didn't come here to simply wind down his career.
MoreDavis Homes folds, other builders struggle
December 29, 2008
Cory SchoutenDavis Homes, one of the state's largest home builders, fell victim to the tough housing market, ceasing operations July 23.
MoreTurmoil forces National City sale
December 29, 2008
Cory SchoutenAfter 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.
MoreAngie's List chief builds company, rebuilds Holy Cross
December 29, 2008
Peter SchnitzlerFor several years, Angie's List CEO Bill Oesterle also has been quietly attempting to revitalize the near-east side.
MoreTwice-bankrupt ATA finally folds
December 29, 2008
Chris O'MalleyAny hopes that hometown airline ATA would make a comeback and eventually resume scheduled service from Indianapolis were dashed
April 2, when it filed for bankruptcy and ceased operations.
MoreProperty tax crisis deals Indiana a blow
December 31, 2007
Peter SchnitzlerMany called it "the perfect storm." But in retrospect, the dark clouds of Indiana's 2007 property tax crisis had been forming
for years. Legislators caught wind early that something was amiss and spent all spring preparing to weather the impact.
MoreFeltman takes over
December 31, 2007
Peter SchnitzlerIn 2007, Nathan Feltman became Indiana's secretary of commerce, replacing his mentor, IBJ Media Corp. co-owner Michael
Maurer. It was a smooth transition.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!