The 32-year-old developer Lauth Group Inc. likely will survive in some form if the company can find financing to get it through a Chapter 11 reorganization and if the real estate market doesn’t take too long to turn around, experts said. The developer of more than $3 billion in projects has scrambled this year to […]
Call it a trickle-down effect, but not the kind President Reagan would have liked. The recession has cost most institutional investors, such as university endowments, about a quarter of their value. As a result, venture capitalists’ primary source of funding has dried up. The implications for Hoosier entrepreneurship are stark. “Right now, it is very […]
Risk has a bad name these days, for understandable reasons. In recent years, many corporate executives managed as if the boom times never would end, along the way ratcheting up debt to unfathomable levels. Many bankers, meanwhile, doled out loans to the lowliest of borrowers, and traded complex securities few truly understood. Yet a strong […]
Normal 0 false false false MicrosoftInternetExplorer4 More Indiana schools have fallen into academic watch and probation status, and the state is sending assistance teams to help 31 schools stuck for years on the lowest rung of the state’s five-tier ranking system. State Superintendent Tony Bennett said today that teams of three to five people will […]
Normal 0 false false false MicrosoftInternetExplorer4 Normal 0 false false false MicrosoftInternetExplorer4 Indianapolis-based ExactTarget Inc. announced today that it has signed a $70 million financing deal with three venture capital firms. Led by Boston-based Battery Ventures, the VC infusion includes investments from Silicon Valley’s Scale Venture Partners and Baltimore‘s Montagu Newhall Associates. The investment […]
The lingering recession is forcing the organizers of some of Indiana’s festivals to scale back their events or move them to more affordable venues before the state’s festival season gets under way. In Indianapolis, not-for-profit Storytelling Arts of Indiana canceled its long-running fall festival this year because it anticipates large cuts in city and state […]
The lingering recession is forcing the organizers of some of Indiana’s festivals to scale back their events or move them to more affordable venues before the state’s festival season gets under way. In Indianapolis, not-for-profit Storytelling Arts of Indiana canceled its long-running fall festival this year because it anticipates large cuts in city and state […]
Lawmakers sometimes do their best work right after an election, when they have a fresh victory in hand and can think beyond
their political self-interest. Not this time.
You wouldn’t have expected it going into the final week of the Indiana General Assembly, but we’re headed for a special legislative
session.
No matter how the Capital Improvement Board funding mess plays out, we’re left with resentment coming from all directions
and an unprecedented splintering of the long-standing bipartisan cooperation that helped propel our city forward.
No matter how the Capital Improvement Board funding mess plays out, we’re left with resentment coming from all directions and an unprecedented splintering of the long-standing bipartisan cooperation that helped propel our city forward. I have to think that the late Larry Conrad and Jim Browning, two of the visionaries who sought to bring Indianapolis-and […]
Lawmakers sometimes do their best work right after an election, when they have a fresh victory in hand and can think beyond their political self-interest. Same goes for the chief executive. Gov. Mitch Daniels won big last year in what was presumably his last political campaign. All of which adds to our disappointment at the […]
Charitably speaking, not much got done in the legislative session that ended Wednesday. Now Gov. Daniels plans
to call a special session to force passage of a budget, the only bodyâ??s only legal requirement.
Should anything else be put on the…
Democratic Indiana House Speaker Patrick Bauer is blaming Republican Gov. Mitch Daniels for the need of a special legislative session. The General Assembly did not pass a new state budget by last night’s midnight deadline for adjourning the session, which will force Daniels to call a special session to get one approved. Bauer said today […]
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 […]
Indiana lawmakers will be scrambling to meet tonight’s midnight deadline for adjourning the legislative session, but differences remained yesterday over a new state budget and fixing Indiana’s bankrupt unemployment insurance fund. Negotiators for House Democrats and Senate Republicans said yesterday that they had reached a tentative compromise on a plan designed to start fixing the […]
Indiana lawmakers will be scrambling to meet tonight’s midnight deadline for adjourning the legislative session, but differences remained yesterday over a new state budget and fixing Indiana’s bankrupt unemployment insurance fund. Negotiators for House Democrats and Senate Republicans said yesterday that they had reached a tentative compromise on a plan designed to start fixing the […]
Venture capital is flowing a bit more to Indiana and Midwest life sciences companies, according to data released this week. But it’s still nowhere near the record levels of two years ago. Four Indiana firms attracted nearly $9 million in the first three months of 2009, up from just one firm that attracted $6.25 million […]
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 […]
Negotiators for House Democrats and Senate Republicans have reached a tentative compromise on a plan designed to start fixing Indiana’s bankrupt unemployment insurance fund, but remained at an impasse today on a new state budget. Lawmakers were scrambling to finish business before tomorrow’s midnight deadline for adjourning the regular session. Although negotiations continued on several […]
