Companies face pension-plan shortfalls
Private employers that still offer traditional pension plans are getting a big shock as they assess how much more it will
cost to shoulder retirement obligations.
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Indiana’s new superintendent of public instruction ready to tackle challenges
Tony Bennett, Indiana’s new superintendent of public instruction, says his priorities include restoring discipline to the
classroom, recruiting topnotch teachers and adequately compensating
them, increasing the percentage of education dollars spent directly on instruction, and reducing regulations so schools can
focus more on student instruction.Let’s limit campaigns to public funds
The only way more ideas, more candidates, more party platforms can gain
any traction, any consideration by the public at large, would be for all political parties to receive, and run only on public
funds.Tony Stewart stops horse slaughter
Say what you want about Tony Stewart, he’s OK in my book. His foundation does lots of good work for causes benefiting children and animals. So if he sometimes gets a little caustic after races,…
IU incubator to house new tech institute
Indiana University has launched a technology center to help scientists attract research funding and drive discoveries that could be turned into life sciences and information technology businesses. The Pervasive Technology Institute will be funded by a $15 million commitment from Lilly Endowment, and be located in the new business incubator IU is building at 10th […]
A tiny Indiana bank and the bailout
Newton County Loan & Savings bank couldnâ??t be more out of the way â?? or more relevant in this day of
government bailouts.The thrift is in Goodland, a burg between Lafayette and Chicago, and has all of $7.3 million in…
Symphony reports $293,000 shortfall
In a sign of financial challenges ahead, the Indianapolis Symphony Orchestra yesterday reported a 1-percent budget shortfall for the fiscal year ended Aug. 31. Expenses exceeded revenue by $293,000, or 1 percent of the $26.8 million budget. CEO Simon Crookall said income from ticket sales and contributions did not keep pace with rising expenses for […]
Speedway on track to develop tourism year-round
As the 100th anniversary of the Indianapolis Motor Speedway approaches,
the town of Speedway, at long last, is making an aggressive play to turn the world-famous oval into an economic engine that
runs year-round.Budget cuts threaten local economic data analysis
Budget cuts could eliminate programs that gather and analyze local and state economic data. This would hurt businesses and
economic development officials, since they would not have the data that helps them see how their market differs from the state
and the nation.IU study looks into future of Orange County tourism
Professors at Indiana University’s Department of Recreation, Park and Tourism Studies are conducting an analysis of new tourism
attractions in Indiana’s Orange County.ICVA embarking on new direction with new CEO Welsh
Don Welsh is quickly making a name for himself as a change agent. Though few knew what to think when Welsh announced he was
leaving Seattle to become Indianapolis Convention & Visitors Association CEO, he’s shown he didn’t come here to simply
wind
down his career.Greenfield trying to grow post-secondary presence to aid economic development
If certain people in Hancock County have their way, one of the fastest-growing new industries here could be adult education.
Quick notes Friday
I’m still a little groggy from the midnight showing of “Quantum of Solace” last night, so I’m kicking off a new occassional short-attention-span feature here that I’m calling Quick Notes Friday. Welcome aboard.
–This was actually my second time seeing the…
MZD Advertising signs deal with National Guard to publicize child care benefits
Indianapolis-based MZD Advertising topped a field of 14 agencies competing to become agency of record for Gap Solutions Inc.,
which provides contracted services that support the National Guard Child Care Program.Indiana CEOs are cautious during financial mayhem
CEOs with Simon Property, Duke Realty Corp. and Interactive Intelligence Inc. report that their companies are taking an uncharacteristically
cautious approach to acquisitions and investments, given the faltering economy.Architects and business leaders must work together to prudently maintain, build quality buildings
Especially during a recession, architects need to build strategies to reach new and existing clients and provide them cost-effective design and construction
options.Election of president, governor signals Hoosiers desire changes
Indiana’s blue vote for president-elect Barack Obama on Election Day was a sign that Hoosiers are ready for change. So was
the state’s red vote to keep incumbent Gov. Mitch Daniels in office. In this case, the status quo means more change. Daniels
has been making gutsy and sometimes unpopular moves since taking office four years ago. He ran on a promise to keep shaking
things up.Indianapolis Motor Speedway ponders hotel, moving museum
Indianapolis Motor Speedway officials are in talks to move their Hall of Fame Museum from the interior of the oval to a spot
just outside the south end of the track, an area that could also house a new Speedway hotel.Cultural Development Commission may lose millions used to promote Indianapolis art
A commission that has drawn $12.5 million in grants and public money to promote Indianapolis’ artistic side is awaiting word
on its future.Leaders analyze Denver’s commuter transit
Sixty Indianapolis-area business and civic leaders visited Denver Oct. 19-21 as
part of the Greater Indianapolis Chamber of Commerce 2008 Leadership Exchange and paid close attention to public transportation, especially commuter trains.