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News & Analysis
Churches look for ways to pay off construction projects planned before recession took toll on collection plates
May 25, 2009
Kathleen McLaughlinIn Indianapolis and around the country, congregations that expanded before the recession are now taking drastic measures,
including budget cuts that have resulted in layoffs, salary reductions and giving less to charities.
MoreLed by educators instead of investment specialists, state teachers fund fell into $67M hole
May 25, 2009
J.K. WallThe people overseeing the Indiana State Teachers Association Insurance Trust had no background in investments or insurance,
likely leaving them ill-equipped to grasp the ever-larger amounts of complicated investments the trust was buying.
MoreLauth granted reprieve
May 25, 2009
Cory SchoutenA judge has given Lauth Group Inc. a reprieve from an equity investor that is seeking to take control of most of the developer's
properties.
MoreIn recession, commercial brokers struggle to determine property values
May 25, 2009
Chip CutterFew commercial real estate properties are changing hands in the Indianapolis area these days, creating challenges for brokers
who say it's becoming increasingly difficult to determine the value of properties.
MoreDeveloper wants to turn project into apartments, offices
May 25, 2009
Cory SchoutenA local developer is hoping to convert an unfinished eight-story luxury condo project downtown into a mostly affordable apartment
building with its headquarters on the top floor.
MoreSunny days could save delayed corn crop
May 25, 2009
Cory SchoutenHoosier farmers are racing to catch up with their corn plantings after a waterlogged spring.
MoreIPL wins retiree benefit dispute
May 25, 2009
Chris O'MalleyIndianapolis Power & Light could have been on the hook for more than $100 million in retirement benefits, but a ruling this
month by the Indiana Utility Regulatory Commission allows IPL to keep the money.
MoreRecession forces small-business owners to take second jobs
May 25, 2009
Peter SchnitzlerWith sales slowed to a crawl, some entrepreneurs must take second jobs working for others to make ends meet.
MoreSimple invention targets blanket problem for surgical patients
May 25, 2009
Chris O'MalleyIn a state steeped in advanced research that spawns biomedical companies by the dozen, Apricity LLC is preposterously low-tech,
given that its latest product is nothing more than a warm blanket.
MoreNEA takeover humbles once-mighty ISTA
May 20, 2009
Greg AndrewsThe National Education Association said today that it is taking over its Indiana affiliate, a stunning comeuppance for what
long had been one of the most powerful union forces in the state.
MoreAudiovox cranking out digital antennas as consumers prepare for changeover
May 18, 2009
Marc D. AllanThe biggest remnant of the former Thomson consumer electronics operation in Carmel is cashing in on the digital TV transition
with a higher-tech version of the rabbit ears.
MoreTheater satellite feeds help groups boost revenue
May 18, 2009
Kathleen McLaughlinNational CineMedia, the dominant player in movie video feeds, has worked with Indianapolis-based Drum Corps International
and many other nonprofits to allow people to view the organizations' live shows in a theater setting.
MoreThe state of the newspaper industry is no joke; Star parent making money, but paper far from secure
May 18, 2009
Anthony SchoettleToday, life without a daily newspaper isn't so farfetched.
MoreRecession slows the creation of a self-contained Boone County community
May 18, 2009
Kathleen McLaughlinCreating a self-contained community on 1,700 acres of farmland could take much longer than the 15 to 20 years Duke Realty
Corp. predicted.
MoreAudiovox sees gains in antenna sales
May 18, 2009
The electronics accessories unit of Audiovox Corp. in Carmel is gaining from the rise in antenna sales ahead of the June 12
switch to all-digital TV broadcasting.
MoreCIB executive director out-earns governor, mayor combined
May 18, 2009
Cory SchoutenBarney Levengood, executive director of the financially-struggling Capital Improvement Board, is one of the state's highest-paid
public employees, and some wonder if his pay should be cut.
MoreOld National striving to be 'Indiana's bank'
May 18, 2009
Scott OlsonOld National's purchase of 65 Charter One branches deepens its foothold in Indy.
MoreLilly Endowment has made few changes despite massive fall in value
May 18, 2009
Kathleen McLaughlinLilly Endowment lost 26 percent of its value in 2008, falling from $7.7 billion to $5.7 billion. What's different about the
Indianapolis-based endowment is that its most recent loss caps a downward slide that's lasted eight years.
MoreMerchants Bank of Indiana is top home-grown bank
May 18, 2009
Peter SchnitzlerMerchants Bank of Indiana, whose main office is in Carmel, books better numbers than any other Hoosier bank.
MoreEight former employees who say firings were racially motivated agree to $2.75M settlement from Lottery
May 18, 2009
Peter SchnitzlerThe Hoosier Lottery has agreed to pay $2.75 million to settle a lawsuit filed by eight black former employees who claim racial
discrimination motivated their firing four years ago.
MoreLocal trust working toward 2,010 acres by end of 2010
May 18, 2009
Kathleen McLaughlinThe Central Indiana Land Trust anticipates bringing nearly 800 acres valuable to conservation under its protection this year,
thanks to a generous tax incentive for property owners.
MoreKeep Indianapolis Beautiful and Lilly team up on I-70 landscaping project
May 18, 2009
Kathleen McLaughlinSome of Indianapolis' main entrances from Interstate 70 are in line for a $2 million makeover.
MoreClarian and IU Med School hiring 1,500 docs for massive Indiana Clinic; strategy may cut out insurers
May 18, 2009
J.K. WallClarian Health and the Indiana University School of Medicine want to turn 1,500 or more doctors into employees under a new
nonprofit group called the Indiana Clinic.
MoreAngel investment group off to flying start
May 11, 2009
Scott OlsonHALO Capital injects $8 million into startups in first year of operation despite recession and membership turnover.
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I'm sure there are others, but his name automatically came to my mind
Houdini
magician on the court
STEVE MARTIN - funny magic
It has to be Houdini!