Lower gasoline prices, while good news for drivers, were a gut punch for ethanol producers and promoters of the high-ethanol blend known as E85. In Minnesota, the nation’s leader in E85 pumps, sales fell off by more than half this spring compared with the year before, a disappointment to E85 producers and the farmers who […]
Target-date mutual funds, a popular investment vehicle in 401(k) plans and college savings plans, have recently come under
scrutiny by Congress and regulators. Investors are in an uproar over the recent poor performance of funds nearing their target
date.
Fed up with excessive fees, some clients have started demanding alternatives to the tried-and-true methods, such as “value-based
legal services.”
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 Indiana’s alcohol tax would be doubled and hospitality taxes would be raised again under a Statehouse plan designed to bail out the financially struggling group that runs the professional sports stadiums in Indianapolis. Sen. Luke Kenley (R-Noblesville) wants to add about 2 cents to the price […]
Undaunted, some entrepreneurs still count on franchises, despite the shaky economy.
After a stint making parts for electric cars, Symphony Motors recently became Indy Power Systems, changing course to make power control boxes for a variety of vehicles and also industrial and military applications.
By 2007, the technology for electric cars had evolved such that banker Steve Tolen had formed a company to build and sell one using off-the-shelf parts. Or so he thought. He couldn’t find a power control system that could handle the mix of different battery types he wanted for his electric car. Without that mix, […]
Valero Energy will buy seven ethanol plants and a key development site in the Indiana city of Reynolds from VeraSun Energy for $477 million, the largest biofuel buyout ever in terms of production capacity. VeraSun, the country’s second largest ethanol producer, filed for Chapter 11 bankruptcy protection last October. VeraSun suspended construction of a 110-million-gallon-a-year […]
Valero Energy will buy seven ethanol plants and a key development site in the Indiana city of Reynolds from VeraSun Energy for $477 million, the largest biofuel buyout ever in terms of production capacity. VeraSun, the country’s second largest ethanol producer, filed for Chapter 11 bankruptcy protection last October. VeraSun suspended construction of a […]
In this horrendous environment, nothing is more important for a debt-laden public company than proving it can pay its bills
Poet Biorefining has four more Indiana ethanol plants on the drawing board, but they’ll stay on paper until capital markets
and demand for the biofuel improve, an executive of the South Dakota company said on a recent trip to Indianapolis
Businesses have seized on environmental responsibility as a marketing mantra. But many have made their products, processes and facilities greener. Some are motivated by philosophical reasons, and others by rising energy bills and out of anticipation of federal regulations on carbon dioxide. Six experts in green issues shared their outlook during IBJ‘s Power Breakfast Feb. […]
Chances are, only a handful of people in attendance when Oregon-based BodyVox visited Pike Performing Arts Center on Feb. 28 had ever seen the group before.
Think about that.
Think about the faith exhibited by the act of buying tickets and showing…
Shoring up the state’s jobless-fund shortfall likely will cost employers and employees more.
First the good news about Indiana’s insolvent Unemployment Insurance Trust Fund: As part of its $787 billion stimulus, the federal government has just agreed to stop charging interest on its loans to pay benefits to the jobless. President Obama’s package allows Indiana to continue zero-percent borrowing for unemployment insurance through 2010, a provision that will […]
This week, the debut of a new sketch comedy group, a good enough bedroom farce, dancing to the Beatles, and a word about “Happy Days: A New Musical.” Big laughs erupted repeatedly from the overflowing crowd on opening night of sketch comedy group Three Dollar Bill’s premiere revue “Fiddle Schticks.” Now, big laughs can be a […]
This week, the debut of a new sketch comedy group, a good enough bedroom farce, dancing to the Beatles, and a word about “Happy Days: A New Musical.” Big laughs erupted repeatedly from the overflowing crowd on opening night of sketch comedy group Three Dollar Bill’s premiere revue “Fiddle Schticks.” Now, big laughs can be a […]
A state fund supporting an 18-cent-a-gallon tax credit for gas stations selling E85 ethanol was exhausted in the first three
months of the state’s new fiscal year.
In January, St. Paul, Minn.-based 3M will release “Clinpro 5000,” a specialty toothpaste Indiana Nanotech developed.
A timber investment firm has bought nearly 12,000 acres of Kentucky woodland owned by Jasper-based furniture and electronics manufacturer Kimball International Inc. The auction yielded $24.5 million for the property, which fronts the Ohio River near Evansville and has been the scene of numerous outdoor and hunting television shows. Buying the entire tract was Forest […]
