Two years after Bright Automotive was founded, the prospect of thousands of Indiana factory workers cranking out Bright’s
100-mile-per-gallon “IDEA” delivery vans by 2012 seems dim.
Venture dollars for Hoosier companies are still few, but the flow of deals is picking up.
Our city is about to engage in a high-stakes gamble to avert a death spiral—or
accelerate it and make it much more of a certainty.
Officials say most of the university's nearly 20,000 employees statewide didn't receive any pay increases last year.
Officials plan to buy four Cirrus SR20 planes at an air show in Oshkosh, Wis., this Friday. Purdue is purchasing 16 of the
single-engine planes and an Embraer Phenom 100 jet for $8.6 million.
The organization uses its money to lure national reform programs like Teach for America to the city and to fund education entrepreneurship fellows to launch innovative programs for schoolchildren in Indianapolis.
Based primarily upon hard lessons learned, I developed “The Ten Essential Principles of Entrepreneurship that You Didn’t Learn in School”—at least I didn’t learn them in school. This is Lesson 2.
Just as the government built an atomic bomb during World War II, the government should spend billions of dollars to create
the energy innovations for a low-carbon economy, according to Gates and friends.
A bill advancing in Congress that would restore unemployment benefits for millions of Americans could help about 80,000 Indiana
residents who have been out of work more than six months.
Some opponents of the Interstate 69 extension says it’s not too late to kill the project even
though concrete has been poured for two miles in southern Indiana, and another 60 miles or so is under construction or in
an engineering phase.
Detractors of new-terrain route say cost cuts undermine economic development premise for extending the interstate.
The Senate is poised to pass legislation restoring jobless benefits for millions of people unable to find work in the frail
economic recovery.
The Indianapolis-Marion County Public Library board of trustees agreed Thursday to keep open two library branches targeted
for closure next year. Board members also outlined $2.5 million in proposed budget cuts for 2011 to help stem the growing
gap between revenue and expenses.
State officials decided to reduce the interest rate on a $9 million loan to the city's Capital Improvement Board by 1
percentage point. The news couldn't come at a better time for the agency, which is trying to find money to assist the
Indiana Pacers.
The Children’s Museum of Indianapolis is about to expand its role in urban redevelopment. It has already invested more than
$1 million in the half-dozen blocks around its campus on North Meridian Street, and now plans to help create a comprehensive
plan for an area that encompasses six nearby neighborhoods.
Two high-profile apartment projects that were denied tax-credit funding in March recently were awarded the millions of dollars in credits they need to proceed.
Eli Lilly and Co. is launching a diagnostics division to produce tests that can winnow out the patients most likely to benefit
from a Lilly drug.
The drive to make central Indiana a leader in the use of electric vehicles is smart—regardless of where the money comes
from.
David Hartley pulled $85,000 from his savings six years ago to buy Home Health Depot Inc. Nearly six years later, Hartley
has reinvented the Indianapolis-based home medical equipment supplier, growing from a single office in Greenwood to 12 locations
in Indiana and Illinois—and increasing annual revenue from $300,000 to more than $6.7 million.
A $1.5 million grant the the Eli Lilly and Co. Foundation will train Indiana science teachers in a new curriculum that helps
students learn through exploration and problem solving.
