Economists say the recession ended in 2009, but it sure didn’t feel like it. Unemployment is up and revenue is down.
And yet there are some signs of hope on the horizon. Recap the highs and lows of 2009 on our special Year in Review page.
Read the stories. Check out the pictures. Play the game. And get ready for 2010.
There’s no shortage of opinions about what our city and state need to do to prosper in the 21st century. But much
of what comes across is screamed in blogs or in stinging press releases issued by political parties whose only purpose is
to paint the opposition as out of touch.
Duke Realty Corp. is a real estate investment trust that develops, manages and owns industrial, office and retail properties across the Midwest and Southeast.
A look back at some of the top business news stories from 2009.
The Finish Line Inc. barely eked into the black in its fiscal third quarter, but even that exceeded analysts’ expectations.
The Carmel-based life and health insurer immediately applied $161 million of the funds to its bank loans.
A federal judge has preliminarily approved a settlement in which a central Indiana concrete company agreed to pay $29 million
to resolve a class-action antitrust lawsuit alleging it and six other companies conspired to fix the price of ready-mixed
concrete.
Rolls-Royce Corp.’s Indianapolis operations will manufacture 78 turboshaft engines for U.S. Navy and Air Force helicopters
under the terms of a mammoth $160.6 million military contract.
AIT Laboratories said Monday morning it is awarding another $1 million in bonus money to employees, bringing their total take
in profit sharing this year to an impressive $3 million.
By acquiring an experimental medicine for rheumatoid arthritis, the Indianapolis-based drugmaker is increasing its focus on autoimmune
diseases.
Delphi Corp. brought some good news to the beleaguered city of Kokomo on Friday, announcing plans open a production facility
there, creating about 190 jobs by 2014.
Hundreds of potential contractors turned out for informational meetings this week about construction work on a new Wishard Memorial Hospital.
Indianapolis has fared better than some airports in terms of declining revenue, with passengers down
about 10 percent for much of the year and revenue off 16 percent at one point.
Founder Steve Tolen started out to make an electric car and wound up with a device to blend and regulate power among different
types of electric batteries.
Judge Sarah Evans Barker declared a Massachusetts woman in contempt of court for failing to remove her negative Internet
postings about an Indianapolis cosmetic surgeon.
The Indiana General Assembly is taking its first steps toward restructuring Hoosier gambling law.
Dale Cheatham, who starts work Jan. 4, was city manager of The Colony, Texas, a growing community of
40,000, for eight years. Before that, he spent four years as city manager of Watauga, Texas.
Changes are coming to the Brickyard Crossing Golf Resort, but the Indianapolis Motor Speedway, which owns the facility,
has no intention of selling it.
