Velodrome future in limbo
While the Marian College cycling team has been off hunting national championships in Colorado, school officials’ plan to manage the Major Taylor Velodrome has not yet won support from Indy Parks.
Marian College officials…
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Unemployed Amish face benefits dilemma-WEB ONLY
A part-time construction job sturdied Orva Fry’s financial foundation after he was laid off from a northern Indiana recreational vehicle factory. It also kept the 41-year-old Amish father of two on steady spiritual ground. Another way to make ends meet that Fry briefly considered – unemployment checks – went against his faith, which shuns all […]
Norwood files for bankruptcy protection-WEB ONLY
Norwood Promotional Products Inc., an Indianapolis-based supplier of customized items like awards and logo-imprinted coffee cups, filed for Chapter 11 bankruptcy protection yesterday in Delaware. The company, the nation’s second-biggest seller of promotional products, plans to get back on its feet by selling out to Aurora Resurgence, a Los Angeles-based private equity firm, through a […]
LOU’S VIEWS: Booking art on the library’s pedestals
This week, new artwork in front of the Central Library, and a Pulitzer-winning
play at IRT.State set to put CIB ball in Ballard’s court-WEB ONLY
State legislators seem willing to give Indianapolis officials the power to raise several local taxes to help fund the city’s troubled stadiums agency. That plan, though, would force Mayor Greg Ballard to take some of the heat for increasing any of those taxes – and the task of persuading the Indianapolis Colts and Indiana Pacers […]
State set to put CIB ball in Ballard’s court-WEB ONLY
State legislators seem willing to give Indianapolis officials the power to raise several local taxes to help fund the city’s troubled stadiums agency. That plan, though, would force Mayor Greg Ballard to take some of the heat for increasing any of those taxes – and the task of persuading the Indianapolis Colts and Indiana Pacers […]
New motorsports trade show takes aim at departed PRI
Still stinging from the city’s loss of the giant Performance Racing Industry trade show in 2004, a group of local motorsports
business advocates is racing to put on a competing event.Business school outgrows Indiana
With enrollment surging in vocational schools around the country, Indiana Business College has launched an expansion into
Ohio and likely into other states as well. The Indianapolis-based for-profit school also is changing its name.38th Street and Fall Creek Parkway
38th Street and Fall Creek Parkway Two ideas: Urban agriculture and water-based development An urban agriculture development by Nick Alexander would be more than a connecting point to the Indiana State Fairgrounds and bus routes on 38th Street. Built along the eastern edge of Fall Creek, the development becomes a “sustainable garden community.” Medium-density housing […]
Event aims to plug PRI hole-WEB ONLY
Still stinging from the city’s loss of the giant Performance Racing Industry trade show in 2004, a group of local motorsports business advocates is racing to put on a competing event. Organizers of the upstart International Motorsports Industry Show are not being bashful about their intentions: They want the new show to eventually supplant PRI’s […]
Indiana Business College outgrows state-WEB ONLY
With enrollment surging in vocational schools around the country, Indiana Business College has launched an expansion into Ohio and likely into other states as well. And the Indianapolis-based for-profit school is changing its name-to Harrison College, with a nod toward two U.S. presidents with Hoosier ties. Executives of the privately owned college informed staff and […]
Simon family’s interests helped city thrive, but taxpayers paid the price
The Simon family’s role in building the city has come at a steep price for taxpayers. Simon and
its business interests in the last 20 years have collected local government incentives
worth more than $400 million, an IBJ tally of those deals shows.SPECIAL REPORT: Simon says, city does-WEB ONLY
Layoffs could put Simon in violation of HQ incentive agreement. Noblesville put up big bucks to spur Hamilton Town Center development. It’s hard to imagine Indianapolis without the Simon family. The mall owner Simon Property Group Inc. is one of the city’s most prominent corporate citizens, the company-developed Circle Centre mall acts as downtown’s heart, […]
The tax system has fluctuated throughout the ages
Let’s reflect on the origins of the current income tax system to help understand it better.
Steak n Shake nixes $4M contract with ad firm after less than 3 months
Less than three months after hiring a new advertising agency, Steak n Shake has jettisoned and is now suing Georgia-based The Varnson Group.
Chain ousts, sues ad firm-WEB ONLY
Less than three months after hiring a new advertising agency, Steak n Shake has jettisoned and is now suing the Georgia-based firm. The hasty firing of The Varnson Group and subsequent lawsuit has industry analysts wondering if the tumult will become a distraction in the effort to turn the restaurant chain around. “It’s really difficult […]
Contest results-WEB ONLY
Last week, I offered a family four-pack of tickets to see the national tour of “Chitty Chitty Bang Bang,” parking here April 28-May 3. For more information on the production, click here. The winner, chosen at random, was Vicki Williamson. I also asked you to name your favorite extraordinary car, besides CCBB. I’ll break your […]
Goldman Sachs CEO calls for new pay standards-WEB ONLY
By MARCY GORDON WASHINGTON The chief executive of Goldman Sachs Group Inc. on Tuesday called for new standards on how Wall Street executives are compensated and new regulation of large hedge funds and private equity funds. Lloyd Blankfein, who received compensation valued at nearly $43 million last year, said lessons from the financial crisis include […]
Project aims to make electric plug-in cars a reality
A partnership of electric utilities and technology companies is intent on making Indianapolis the first city in the nation to test plug-in electrics on a mass scale, perhaps starting later this year.
Clean energy initiative launches in Indianapolis-WEB ONLY
An economic development initiative around so-called clean technology was formally launched yesterday to further energize renewable energy projects and hybrid vehicle development under way in the state. Energy Systems Network will be another economic development plank under Central Indiana Corporate Partnership, the parent of BioCrossroads, which promotes life sciences; Conexus, which promotes manufacturing and distribution; […]