Articles

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Strong dollar divides economy into winners, losers

Hoosier businesses and consumers face a dynamic not seen in a generation—a dollar significantly more muscular than many competing currencies. Experts predict the dollar’s clout and the pros and cons of that power will endure for a year and possibly as long as three.

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Indiana ports set records in 2014

Ports operated by the state set shipping records last year, according to Ports of Indiana, the quasi-government body that operates ports at Burns Harbor on Lake Michigan, and at Jeffersonville and Mount Vernon on the Ohio River.

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Cycling devotees embrace $450 pump

Josh Poertner, a Zipp Speed Weaponry engineer who helped prove bicycle fanatics would pay $3,000 for a pair of aerodynamic wheels, has turned his Steve Jobs-like obsession with technology and design to the lowly tire pump.

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EnerDel regroups after missing job targets

EnerDel Inc. is regrouping under a strategy of targeting niche markets, as Indianapolis and Hancock County officials press executives about the firm’s future and former pledges of local investment and job creation that failed to pan out.

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Maker of class rings may fetch $1 billion

Herff Jones might be on the verge of a sale for as much as $1 billion. The 94-year-old maker of class rings and yearbooks, quietly renamed Varsity Brands Inc. in June, has hired the investment banking firm Jefferies to explore a sale, unidentified sources told Reuters.

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The Interview Issue: Jeff Smulyan

Smulyan, a Democrat whose Emmis Communications Corp. owns radio stations relying on talk formats, has arrived at a principled acceptance of the phenomenon.

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