Work delayed on new Purdue engineering hall
University officials overseeing plans for the $38 million Wang Hall of Electrical and Computer Engineering had hoped to start construction in early May but now say a September start is likely.
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Employers slow to act on health reform
Even though employers expect the U.S. Supreme Court to strike down at least some of the 2010 health reform law later this month, few are actually doing any contingency planning.
Simon Property’s revolving loan signals overseas deals
Simon Property Group Inc., the world’s largest real estate investment trust, has increased its firepower for potential global expansion with a $2 billion revolving line of credit in six currencies.
Schneider Corp. CEO’s caring ways help firm survive tumult
Victoria Schneider Temple’s 50-year-old family engineering firm, The Schneider Corp., survived drastic cutbacks during the recession through a culture of respect and integrity.
Martin prevails in appeal of ruling that banned him from horse tracks
Industry stalwart prevails in fight against Indiana Horse Racing Commission, which found that he had participated in racing and wagering activities without a license.
Orthopedic startups attracting big money
The Warsaw area is well-known as the home of gigantic orthopedic implant companies and their suppliers. But now a handful of startups have been able to raise nearly $25 million in equity investments despite the recession—putting a bit more fuel into a fairly stagnant entrepreneurial sector.
Manufacturing employment coming back, but without the wages of yesteryear
Recovery in manufacturing—one of Indiana’s best-paying employment sectors—has been a much celebrated change after years of decline. But many of those jobs are returning with lower wages as employers keep up with growing global competition.
COMMENTARY: ‘The bigger riddle’ in Indiana
Why do governments sometimes oppress their best and brightest citizens?
U.S. retail chains spending billions in bet on growth
For all the concern that the U.S. economy may be slowing, retailers from Express Inc. to Indianapolis-based Finish Line Inc. are poised to spend the most on capital improvements since the recession.
Mounting student loan debt vexing for Indiana
More college degrees wanted, but large borrowing amounts present obstacle.
Mayors have mixed record leading schools
The question at the heart of this year’s debate over the future of Indianapolis Public Schools is whether the district should be placed in the hands of Indianapolis’ mayor. But when mayors take control of bad schools, test scores usually rise but challenges don’t go away.
WellPoint: Consumers will control health insurance
The future of health insurance is lower profit margins and greater consumer control. WellPoint Inc. just bet $900 million on it.
Really Cool Foods plant on auction block
Really Cool Foods closed the 78,000-square-foot facility in November and is searching for a buyer to help repay creditors. One potential suitor is Sugar Creek Packing Co. of Ohio, which has offered $13 million, according to a bankruptcy filing.
SPECIAL REPORT: Stock-based pay builds wealth for Indiana execs
IBJ's annual review of proxy statements for Indiana public companies found senior executives' median compensation rose 14 percent in 2011. But that analysis uses the fair market value of stock and options awards on the date they were granted. If a company's stock price surges, executives can make out far better. (with searchable database)
FRIEDMAN: Business tax cuts aren’t Democratic
Not only is such a plan lousy politics, but the evidence is overwhelming that there are better ways to make Indiana attractive for economic development.
ChaCha joins list of elite startups
Red Herring magazine’s annual list of top tech startups previously included the likes of Facebook, Google and Yahoo.
Bioanalytical exec promises ‘never again’ after big losses
Bioanalytical Systems Inc.’s new chief financial officer recently received praise from one of the company’s institutional investors for laying out an aggressive cost-cutting plan—but not before the rest of the firm’s leaders got a tongue-lashing for past performance. “We’re glad to see somebody aggressively attacking the cost basis, because the costs have been out of […]
State’s advanced battery initiative charging ahead
Following setbacks, industry leaders prepare to launch innovation center downstate
Taxing career path ultimately appeals to entrepreneur
Accounting, church jobs lead to software firm that helps tax accountants manage property tax disputes.
Struggling BlackBerry maker could be drag on BrightPoint
BlackBerry maker Research In Motion Ltd., which said it wouldn’t turn a profit this quarter, accounts for about 10 percent of BrightPoint’s distribution business.