The real estate market hasn’t been pretty, but there’s reason for optimism, the local office of Colliers Turley Martin Tucker says in its annual State of Real Estate Market Report. The firm reports that although investment sales have slowed to a crawl, office vacancies are rising and retail developments are on hold, there are plenty […]
Even as the economy tanks, locally based MainGate Inc. continues to ink major merchandising deals. This week, MainGate signed a deal with the Kansas City Chiefs. This comes on the heels of a…
The Finish Line Inc. had a rough holiday season as traffic and sales fell and customers flocked to lower-priced merchandise, squeezing margins. Same-store sales for the Indianapolis-based retailer fell 6.8 percent in December, CEO Glenn S. Lyon said in a conference call with Wall Street analysts this morning. The company yesterday reported third-quarter results that […]
Yes, there is some joy in Hoosierland today. And no it’s not because Pittsburgh is No. 1 in the college basketball poll. Well, actually that is the reason—kind of.
In a season that finds…
The Indianapolis Star’s decision to eliminate its business section and roll that news inside the paper’s main pages is generating mixed reactions from business and academic leaders. Changes to the Star, including the scrapping of its stand-alone, four-page business section, started yesterday and mainly are the result of declining revenue and surging newsprint prices, Star […]
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…
Indianapolis battery developer EnerDel Inc. has applied for $480 million in low-interest federal loans through a new program intended to help U.S. automakers and their suppliers build more fuel-efficient cars. EnerDel would use the money to double the manufacturing capacity at its plants in Indianapolis and Noblesville, lifting production of lithium-ion battery packs for hybrid […]
U.S. District Court Judge Larry J. McKinney is threatening to suspend counsel for Duke Energy, including its local attorneys,
from practicing in federal court after finding they misled Indianapolis jurors last May in a trial over air-pollution violations.
Indiana Secretary of Commerce Nate Feltman is joining Baker & Daniels after he leaves his state post at the end of the year. The law firm yesterday announced that Feltman will become a partner Jan. 12 in the firm’s business and corporate finance practice. Feltman, 38, will help lead Baker & Daniels’ economic development, government […]
Car buffs aren’t letting negative news about the economy keep them away from the 2009 Indianapolis Auto Show. Attendance is running about even with last year’s show, said Marty Murphy, executive vice president of the Indianapolis Automobile Trade Association, the dealer group that sponsors the show. Last year, the seven-day event attracted 230,000. This year’s […]
In May, Indianapolis narrowly won the right to host the 2012 Super Bowl, beating out Phoenix and Houston at the National Football
League owners’ meeting in Atlanta.
Stock markets fell, jobs disappeared, and the outlook for the economy seemed to grow grimmer by the week in 2008. Banks, real estate developers, retailers and manufacturers took some of the worst hits, but all types of businesses in central
Indiana felt the pain.
Your Dec. 8 editorial, "State flunking affordability test," quotes liberally from the National Center for Public
Policy and
Higher Education’s recent report, which concludes that 49 of 50 states—including Indiana—deserve an "F"
for their
affordability
efforts. Unfortunately, this grade is based on an analysis that dramatically overstates college costs in Indiana—or at
least
those costs incurred by Hoosiers attending Indiana University.
Georgetown Market has stayed in the health food game since 1973, in part because of owner Rick Montieth’s ability to see down
the road.
IUPUI basketball coach Ron Hunter is my first—and highly unofficial—Indiana Sportsperson of the Year.
Here are some other top stories from 2008 Battered Emmis cuts costs In 2008, locally based Emmis Communications Corp. weathered what may have been the most challenging times in the history of radio. Even as the company’s stock slipped below 40 cents per share, Emmis CEO Jeff Smulyan remained undaunted. Company officials feverishly slashed costs […]
The $720 million Lucas Oil Stadium opened in August, just in time for the Indianapolis Colts’ season. Indianapolis International Airport’s $1.1 billion midfield
terminal, meanwhile, took off in November.
Indianapolis law firms finally jumped in a big way into the merger mania that’s sweeping the legal profession.
For eight years, we’d gone out of town for the holidays. But in this particular year not too long ago it looked like we had
no choice but to stay put. So we decided to do the same thing here that we would have done in Utah—sightsee.
For investors across the globe, most
would agree that 2008 was an annus horribilis. Anyone with a vague recall of Latin will arrive at the translation of "horrible year."
