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News & Analysis
Salvation 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.
MoreBoot, apparel sales boost Shoe Carnival profit
November 20, 2009
Shoe Carnival Inc.'s quarterly same-store sales, which measure revenue from locations open at least a year, climbed 10.2 percent.
MoreLocal SBA lending dropped 17 percent in 2009
November 20, 2009
Mason KingLocal loans issued through the Small Business Administration's popular 7(a) guarantee program plunged by an astonishing 64
percent for three of the city's four largest banks during 2009, while overall lending in the program slipped 17 percent in
the metro area.
MoreEmmis loses license to operate Hungarian station
November 19, 2009
Hungarian officials took off the air Wednesday a national radio station operated by Emmis Communications Inc. and awarded
the license to one of the country’s political parties.
MoreSpeedway breaks ground on redevelopment project
November 19, 2009
Scott OlsonSpeedway officials broke ground Thursday morning on the first phase of a $500 million redevelopment project they hope will transform the small town into a year-round racing-themed destination.
Computer woes slow air traffic across the nation
November 19, 2009
Associated PressThe Federal Aviation Administration said the problem was fixed about 10 a.m. Thursday, but it was unclear how long flights
would continue to be delayed. Dozens of flights to Indianapolis International Airport have been affected.
MoreConseco plans new stock offering
November 19, 2009
IBJ StaffConseco Inc. plans to sell about $230 million in stock and use half of the net proceeds to repay debt under its senior credit
agreement.
MoreEgg industry debates ethics of cage sizes
November 19, 2009
IBJ Staff and Associated PressThe answers could have big implications for the egg industry, which counts Indiana as one of its leading producers. The Hoosier
state ranked third in egg production in 2008, trailing only Iowa and Ohio.
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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.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.