Electronics retailer HHGregg Inc. said it expects same-store sales to continue to drop sharply in the next few quarters as purchases of appliances and mattresses fall. The company today reported an 8.3-percent drop in fiscal 2009 same-store sales, a key measure of health for retailers. HHGregg expects to report another 7-percent to 12-percent drop during […]
Indiana Gov. Mitch Daniels wants to slash overall state spending by 2.5 percent, but the budget he outlined in a live broadcast last night would give public schools and student aid a boost. The Republican governor also said he’s willing to reach into the state’s piggy bank – a bit. He said he wants to […]
With the help of outside economists, Indiana government undergoes an economic forecast every other yearâ??a process that’s taken on increased importance this spring, as Gov. Mitch Daniels and the Legislature attempt to craft a two-year budget amid the deepest recession since the early 1980s.
Electronics retailer HHGregg Inc. has snapped up at least a dozen former Circuit City and Linens & Things locations in six states and is eyeing more of the empty big boxes in an opportunistic move toward expansion.
Electronics retailer HHGregg Inc. has snapped up at least a dozen former Circuit City and Linens & Things locations in six states and is eyeing more of the empty big boxes in an opportunistic move toward expansion. The locally based chain with 111 stores has made no secret of its plans to reach for the […]
Heard the joke about the three economists who went hunting together? When they saw a deer, the first fired his shotgun and missed a foot to the left, while the second aimed and missed a foot to the right. The third economist didn’t shoot. Instead, he shouted in triumph, “We got it!” With the help […]
Normal 0 false false false MicrosoftInternetExplorer4 Tony George is still the CEO of Indianapolis Motor Speedway. How much longer he holds the title remains unclear. Yesterday afternoon, track officials denied a report that the board of directors voted to oust the 49-year-old CEO and said that George has instead been asked to create a more […]
There seems to be an increasing uproar in the Indy Racing League paddock that driver Milka Duno is a 200-mile-an-hour hazard that league officials need to deal with. The crew on Wind Tunnel…
Attend arts events, visit our cultural organizations, and support our sports teams. If you don’t make regular donations to
arts and cultural organizations, there has never been a better and more important time to give.
The Minnesota Timberwolves have hired former Indiana Pacers executive David Kahn to run their basketball operations, four days after being rejected by Portland assistant general manager Tom Penn. The move was confirmed to The Associated Press today by a person with knowledge of the hire. The person spoke on condition of anonymity because an announcement […]
A Hamilton County judge yesterday ordered the wife of a former Conseco Inc. director to pay the insurer $5 million in its ongoing quest to recover unpaid stock loans. The judgment against Margaret Massey, wife of James D. Massey, stems from a November ruling from U.S. Bankruptcy Judge Basil H. Lorch III that said Conseco […]
A Hamilton County judge today ordered the wife of a former Conseco Inc. director to pay the insurer $5 million in its ongoing quest to recover unpaid stock loans. The judgment against Margaret Massey, wife of James D. Massey, stems from a November ruling from U.S. Bankruptcy Judge Basil H. Lorch III that said Conseco […]
Today, life without a daily newspaper isn’t so farfetched.
Imagining Indianapolis without The Indianapolis Star used to be unthinkable. The city’s daily newspaper has been landing on front porches for 106 years, telling readers how their government is performing or whether to expect rain or snow. Today, life without a daily newspaper isn’t so far-fetched. Many people, especially younger readers, abandoned it long ago […]
Critics say the Legislature’s plan to shore up the insolvent Indiana Unemployment Insurance Trust Fund places the bulk of the financial
burden on already ailing businesses with the least ability to pay.
Most of us were taught to give thanks to those who do well and make our lives better. Some of us would like to give our hearty
thanks to Mel and Herb Simon and their families for all they’ve done in our community and statewide.
Indy Racing League founder Tony George dropped a bombshell in December when he told an industry group that he would shut down
the open-wheel series if it didn’t break into the black soon.
Indy Racing League founder Tony George dropped a bombshell in December when he told an industry group that he would shut down the open-wheel series if it didn’t break into the black soon. When pressed about the possibility of being profitable by 2013, George responded, “It has to be, or or there won’t be a […]
The Legislature’s plan to shore up the insolvent Indiana Unemployment Insurance Trust Fund places the bulk of the financial burden on already ailing businesses with the least ability to pay. That’s the assessment of the Indiana Chamber of Commerce and Indiana Manufacturers Association, which are howling in protest at Gov. Mitch Daniels’ refusal to veto […]
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 […]
