The Obama administration recently reversed a Bush-era policy that prevented states from imposing some of their own environmental policies with respect to corporate average fuel efficiency, or CAFE, standards.
A month after federal officials expressed concern about changes at Indiana’s environmental agency, state officials will meet today with their federal counterparts to explain those changes and how they might affect environmental protection. Environmentalists fear the Indiana Department of Environmental Management’s recent move to dissolve its enforcement office, take over air monitoring contracts with six […]
The United Auto Workers’ deal with Detroit’s three automakers limits overtime, changes work rules, cuts lump-sum cash bonuses and gets rid of cost-of-living pay raises, people briefed on the agreement said today. The UAW announced yesterday that it reached the tentative agreement with General Motors Corp., Chrysler LLC and Ford Motor Co. over contract concessions, […]
A group of mostly local companies that made big investments to help launch Circle Centre mall soon could be asked to write
off a portion of profits they agreed to redirect into the construction of Conseco Fieldhouse.
Contrary to fears, environmentally friendly construction isn’t expensive.
It can be tempting to trust in "experts," when it comes to loved ones’ health and nursing home care. But the consequences can be dire.
A group of mostly local companies that made big investments to help launch Circle Centre mall soon could be asked to write off a portion of profits they agreed to redirect into the construction of Conseco Fieldhouse. The Capital Improvement Board has floated the possibility of asking the 13 investors-including Conseco, American United Life, Duke […]
The bill in question seems like a long shot. It would abdicate government’s responsibility for protecting citizens’ health
and safety, and place it in the hands of individual business owners.
Federal health regulators are looking into evidence that an Eli Lilly and Co. drug used to treat blood poisoning worsens the risk of bleeding and can lead to death in certain patients. The Food and Drug Administration said today a recently published study showed that the Indianapolis-based company’s drug Xigris increased the risk of dangerous […]
Indianapolis-based Duke Realty Corp. exceeded analysts’ expectations in the fourth quarter, generating funds from operations of 69 cents per share – more than a nickel better than the consensus estimate. Funds from operations is a common measure of financial performance for real estate investment trusts like Duke. Excluding one-time items, funds from operations were 71 […]
Indianapolis-based Duke Realty Corp. exceeded analysts’ expectations in the fourth quarter, generating funds from operations of 69 cents per share – more than a nickel better than the consensus estimate. Funds from operations is a common measure of financial performance for real estate investment trusts like Duke. Excluding one-time items, funds from operations were 71 […]
State and local governments in Indiana aren’t known for pouring tax money into so-called progressive causes. Private money often has to step in. A shining example is the $15 million Gene and Marilyn Glick gave to the Indianapolis Cultural Trail, a $50 million alternative-transportation project that’s getting most of its money from the private sector. […]
Indiana office of AARP to honor best employers for workers over 50 The Indiana office of AARP is soliciting nominations for its annual “Best Employers for Workers Over 50” recognition program. Last year the organization that is an advocate for older Americans honored 50 employers nationwide whose workplace policies and practices are friendly toward older […]
Eli Lilly and Co. CEO John Lechleiter played a game of pharmaceutical poker with former Lilly Chief Financial Officer Jim
Cornelius—and won.
Outgoing state Commerce Secretary Nate Feltman said that he likely will return to practicing law and become involved in business
after leaving the post at the end of the month.
Outgoing state commerce secretary Nate Feltman said today that he likely will return to practicing law and become involved in business after leaving the post at the end of the month. Feltman said he plans to stay in Indianapolis, though he wouldn’t divulge details of his plans. “This is a place my family and friends […]
A new Carmel venture-capital firm focused on food and agriculture has closed its first fund with $27.8 million, including $15 million from Indiana investors. IN Partners LLC announced the landmark yesterday but continues to raise money. Ron Meeusen, a co-founder and managing partner, said IN Partners is one of only a handful of venture firms […]
In order to comply with stricter rules from the Internal Revenue Service, schools and other not-for-profits are making changes
and consolidations to retirement plans, creating growth opportunities for companies like Indianapolis-based American United
Life Insurance Co.
Indianapolis-area auto dealers kept their ears open this morning for news of how the Bush administration would react to Congress’ failure to reach a rescue package for Detroit automakers. Shadeland Dodge owner Kevin Beltz, despite darting through the service department on his way to a manager’s meeting, managed to catch a few details from TV […]
Without good data, public and private decisions will be hampered in the next decade.
