Economic recovery on track to strengthen at end of 2009
The U.S. economy started the year in free-fall but is on track to end 2009 on stronger footing.
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Smulyan signs new contract to lead Emmis
Jeff Smulyan agrees to terms on a new three-year contract to lead Emmis. Signing and performance bonuses could lead to big
pay raise.Health Care bill clears key Senate test
Landmark health care legislation backed by President Barack Obama passed its sternest Senate test in the pre-dawn hours early
Monday, overcoming Republican delaying tactics on a 60-40 vote that all but assures its passage by Christmas.USA Track & Field CEO doubles budget, pushes reforms
Doug Logan is shaking up the sport and hopes to add more events, which could pay off for Indianapolis.
Prosecutor Brizzi a big player in real estate
Carl Brizzi partnered on a bank branch, took an ownership interest in an office building and flipped condos.
Math teacher has spent 25 years working Colts sidelines
Steve Taylor loves to tell his NFL war stories. There’s the time he taunted Baltimore Ravens linebacker
Ray Lewis and the many times he’s been flattened by an overzealous tackler. Then there was the thrill of his Indianapolis
Colts’ clinching a trip to the Super Bowl.New CIB membership nearly set
Marion County Commissioners reappointed Doug Brown on Thursday morning to the Indianapolis Capital Improvement Board, leaving
only one seat open on the nine-member panel whose financial troubles this year have elevated its profile.Local funeral home operator interested in troubled Memory Gardens
Indianapolis-based Wilson St. Pierre Funeral Service & Crematory is one of two companies that have emerged as potential
suitors of the embattled Memory Gardens Management Corp.Nobel-winning economist Samuelson was Gary native
Economist Paul Samuelson, who won a Nobel prize for his effort to bring mathematical analysis into economics, helped
shape tax policy in the Kennedy administration and wrote a textbook read by millions of college students, died Sunday.Indiana releases details of new welfare system
Hybrid system of technology and human contact to be tried in 10 counties before wider roll-out
HICKS: Short-term thinking won’t yield long-term payoffs
Macroeconomic forecasting is a tough â??science.â?? One may have the economy completely right, but that doesnâ??t mean it will make you any money as an investor.
Fledgling motorsports show growing faster than expected
The show held in Indianapolis Dec. 3-4 is picking up speed much faster than event organizers and local
convention and tourism officials expected. But the nation’s biggest motorsports trade show, Performance
Racing Industry Show, is considering competing with the local show head-on in 2010.Greenfield chain makes gas stations a family affair
In high-turnover industry of gas stations and convenience stores, Greenfield-based GasAmerica builds loyalty under the guidance of CEO Stephanie White-Longworth.
Company news
Pierceton-based Paragon Medical plans to invest in a bio-skills campus in the Warsaw area. The northern Indiana supplier of surgical instruments said the lab would support the OrthoWorx project recently launched by Indianapolis-based BioCrossroads to help the Warsaw orthopedics industry transition to biology-based products that could render the sector’s current products obsolete.
Orthopedics implant makers have seen their business embraced more by Wall Street lately. Warsaw-based Zimmer Holdings Inc. has watched its share price rise about 20 percent in the past three months. Its competitors, such as Michigan-based Stryker Corp., have also experienced nice gains. Paul Nolte, managing director at Dearborn Partners, told MarketWatch, "It’s been a slow progression as investors realized that even with "ObamaCare," people are still going to want to have knee replacements.”
The impact of health reform on innovation will be the topic at the next Life Sciences Lunch at the downtown offices of Indianapolis law firm Barnes & Thornburgh LLP. Allison Giles, vice president of federal affairs at Cook Group Inc., will speak. Bloomington-based Cook is among the medical-device firms that have complained loudly that a tax on medical-device companies’ revenue would force companies to cut jobs and slow down on innovation. Additional speakers have yet to be named. The lunch is scheduled for Dec. 15 at 11: 30 a.m.
Conseco shares fall on weak profit forecast
Carmel-based insurer also wants to amend bank loans to assuage investor concerns ahead of $200 million stock offering.
HAUKE: Negative divergences hint at adjustment
At some point, and it could be at any time, there will be an adjustment for these negative divergences.
Hansen & Horn insolvent, receivership next step for builder
The president of Hansen & Horn Group Inc. admitted in court Thursday that the troubled home builder is insolvent and agreed
to have a receiver appointed to operate the company.Indiana Ice plan to build $12 million hockey facility
Ice Sports and Entertainment, the owner of the Indiana Ice hockey team, announced Wednesday afternoon that it plans to
build a complex that could contain up to four skating rinks and house the Indiana/World Skating Academy.Attorneys drop troubled home builder Hansen & Horn
Indianapolis-based Hansen & Horn Group Inc. is without legal representation after attorneys defending the troubled
home builder from a slew of lawsuits dropped it as a client.