Members of an exclusive Noblesville golf club are worried the operation might fold under financial pressure, but the facility’s operators say a predicted cash infusion will keep golf balls flying this spring. Obtaining the cash needed to keep The Sagamore Club operating could be a tall order in this rough economy, which has seen courses […]
As restaurant locations go, Tomato Pie’s is far from ideal, tucked away in an aging strip mall in the shadow of Interstate 465 (9611 College Ave., 815-0011). But the pizza menu at this locally owned bistro aims to be noticed, with an ambitious array of unusual toppings like boiled eggs, linguine noodles and lentil beans […]
When Indiana University President Michael McRobbie and Purdue University counterpart France Córdova announced their Indiana Innovation Alliance in June, the leaders promised the pact would bring unprecedented cooperation between the state’s top research institutions. They’d share research facilities and capabilities with each other and with bioscience companies that covet access to a mass spectrometer or […]
Once recruited for a high-level management position at a major soft drink company, John Kerns is now the recruiter, searching for presidents, vice presidents and directors for a number of Fortune 500 fi rms. But with the economy nosediving and companies laying off workers by the hundreds and thousands, Kerns calls this the most difficult […]
With commuter trains stuck at the proverbial station despite decades of studies, a businessled coalition is barreling forth with its own plan to study multimodal transportation and related land use. The newly formed Central Indiana Transit Task Force won’t stop at studying opportunities to link rail and buses in the metro area. It will also […]
Two weeks ago in this space, I offered an over-the-top column about online networks. Many readers failed to recognize the tonguein-cheek approach to linking up with others. Instead, they interpreted that hyperbolic diatribe as an attack on computers, the modern age, progress and humanity. Your author was described as an isolationist doomed to a lonely […]
Not so long ago, most Indiana public companies were firmly in control of their destinies. Now after seeing their stock prices plunge, many would be little more than sitting ducks were outsiders to launch takeover bids. If anybody’s still got the money and chutzpah to buy, that is. “The year will be dominated by buyers with […]
To survive in an uncertain future, Eli Lilly and Co. needs drugs that develop faster and cheaper and that perform better. Biotech drugs, Lilly executives insist, fit that bill. That’s why Lilly shelled out $6.5 billion to buy the biotech fi rm ImClone Systems Inc. in November, six months after it opened its own $1 […]
Plans for a 250-room hotel connected to the new Indianapolis International Airport terminal are in the deep freeze as the lodging industry contends with vacancies at a 20-year high. Just when the project might be revived is difficult to say. One thing is certain; the hotel won’t be open in 2009 as planned-and 2010 is […]
Consider now the familiar unemployment data that are put out for each county each month. How the U.S. Department of Labor and the Indiana Department of Workforce Development get meaningful “estimates” for most Indiana counties is a mystery that Sherlock Holmes, Miss Marple and Lenny Briscoe are still trying to solve. We get figures followed […]
How are the economic development professionals in each Indiana county supposed to do their jobs when they don’t get quality statistics like those provided to professional sports managers and coaches?
There is gold to be mined in online communities, which is why so many companies are tempted to try it.
A group of volunteers who hope to open a home for pregnant teens will soon hire an executive director, thanks to a $25,000
grant from Women’s Fund of Central Indiana.
The organic food industry is in an uproar over concerns that organic fertilizer may have been spiked with
synthetic versions.
Last month, FBI and federal agriculture officials searched a California organic fertilizer factory, but wouldnâ??t
disclose their motive. The…
In early April, the 110,000-square-foot Indianapolis distribution center of California-based medical-device supplier DJO Inc. will quietly roll out a revolutionary automated package-handling system. If it works as advertised, it could signify the dawn of a robot-centric age for Indiana’s distribution industry-a niche that, according to fi gures from the Indiana Department of Workforce Development, employs […]
Indiana’s share of NASA spending amounts to little more than a shiny penny at the bottom of a clothes dryer. Only $130 million made its way to the state in 2007-virtually nothing compared to the $12 billion the space agency doled out to all states and the $5 billion Indiana companies snagged from the U.S. […]
Simon Property Group Inc. CEO David Simon hasn’t lost his swagger in the ugliest retail environment of his career. During a conference call with Wall Street analysts Jan. 30, Simon touted his fi rm’s conservative balance sheet and best-in-class mall portfolio. Responding to a question about how the company is handling retail store closings, he […]
The phone rings. “Hello,” I say. “Hi. This is Dannae Deadline from the Denver Drought,” a female voice replies. “Denver, Colorado?” I ask. “No,” she says, “Denver in Miami County, north of Peru, near Mexico and Chili.” “What can I do for you Dannae?” I ask. “My editor tells me you received some distinction recently […]
Society must learn about the history of global markets in order to prevent further financial calamities.
The Central Indiana Corporate Partnership-the parent of the BioCrossroads, TechPoint and Conexus industry cluster initiatives-let it be known last month that there would be a fourth leg to its economic development stool: clean technology. The new initiative is known to insiders as the Indiana Energy Systems Network and has been under the reins of Paul […]
