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 […]
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 […]
Indianapolis Public Schools is looking for a new redevelopment strategy for its 11-acre facility on Massachusetts Avenue after an ambitious proposal for the historic former Coca-Cola bottling plant fizzled. A development team consisting of locally based not-for-profit Riley Area Development Corp. and California-based Panattoni Development Co. had pitched a $100 million mixed-use replacement for the […]
A Carmel startup that hopes to research drug components here and make them in China has just raised $12 million in venture capital-despite the recession and a deep freeze in financial markets. The founder of 2-year-old Waterstone Pharmaceuticals Inc. is Chinese native Faming Zhang, 44, a former Eli Lilly and Co. executive and Indiana University […]
Here we go again. The Legislature is in session and the governor tells us how tight the budget will be. Can you recall a time when Hoosier state and local budgets were not in trouble? Did any governor ever come before the General Assembly and say, “Folks, we got more money than we know what […]
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 […]
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 […]
Indiana has never been known as a hotbed of venture capital deals. That recognition has long gone to California
and Massachusetts, and the numbers fall off quickly in other states.
So a statement in this weekendâ??s IBJ was noteworthy…
While Indianapolis Colts coaches—and fans—are asking themselves if there are some soft spots in the roster, the team’s sales and marketing executives are pondering a different question: Is the fan base soft?
They’re about…
The Rev. Terminus Tufflov was preaching, although he and I were the only people in the sanctuary.
"These are hard times, my friend," he said. "The forces of darkness have gathered and are threatening my flock. These economic
woes are tests sent from on high to challenge our faith. We must prevail and we will prevail."
I’m here to plead with all men and the people who love them: Don’t be lazy like I was about getting annual PSA checks
and physical exams.
Beware when coaches profess unfailing loyalty to a school.
Industries want to be where they get high output per dollar spent on compensation for workers — wages, salaries and benefits.
Generic drug makers drive up the cost of name-brand drugs developed by locally based Eli Lilly and Co. and other pharmaceutical
firms.
