How do you feel about taxing commuters to supplement promotion of the cityâ??s convention industry? The idea
was floated in an article by IBJ reporter Anthony Schoettle about the Indianapolis Convention & Visitors
Association asking for more money…
It’s difficult to say what is driving Marvin Harrison in his negotiations—or non-negotiations—with the Indianapolis Colts. Greed? Pride? Ego-centrism? Maybe all the above. Maybe none of the above. Harrison certainly isn’t saying. Even…
Marvin Harrison’s exit from Indianapolis was as elusive as his moves on the field. He slid out of town after meeting with Indianapolis Colts ownership without ever being seen. Colts fans are left…
Local merchandiser MainGate Inc. scored its fourth deal with an NFL team in less than a year. And the most recent deal is no small catch. Yesterday, MainGate CEO Dave Moroknek announced a…
Political sparring in the narrowly divided Indiana House has sidelined legislation to help fix the state’s bankrupt unemployment insurance fund – but lawmakers say the critical issue will be revived. The proposal would have significantly raised taxes on employers to help balance the fund. The account pays out millions of dollars more than it collects […]
Huntington Bancshares last month stopped contributing to 401(k) retirement plans of its 650 Indiana workers. Earlier, Lafayette-based Wabash National Corp. trimmed the amount it gives to 401(k) plans for its 3,100 employees. Ohio-based Huntington, along with Wabash and scores of other Indiana companies, is taking a scalpel to fringe benefit plans to relieve financial pressure […]
This week, familiar objects take on new looks and meaning at the Indianapolis Art Center. There is plenty to like-and plenty to be annoyed by-at the Indianapolis Art Center, which is featuring a trio of related exhibitions through April 19. All deal in some way with existing or found objects. The most ambitious-and least focused-of […]
Raising Indianapolis’ tax on hotel rooms-already one of the highest rates in the nation-could be the tipping point that causes conventioneers to bypass Indianapolis, some industry experts say. Marion County hotels already pay 16 percent in sales taxes-the 9-percent innkeeper’s tax, plus the 7-percent state sales tax. An increase in the innkeeper’s tax would push […]
This week, familiar objects take on new looks and meaning at the Indianapolis Art Center. There is plenty to like-and plenty to be annoyed by-at the Indianapolis Art Center, which is featuring a trio of related exhibitions through April 19. All deal in some way with existing or found objects. The most ambitious-and least focused-of […]
Experts worry that if unemployment worsens, even more companies could be forced to cut benefits, especially health insurance.
Raising Indianapolis’ tax on hotel rooms — already one of the highest rates in the nation — could be the tipping
point that causes conventioneers to bypass Indianapolis, some industry experts say.
Henri and Shelley Najem, who own The Bella Vita restaurant in Geist, represent the scores of Indiana restaurant operators
feeling financial pressure, given the severe economic slump.
Indianapolis International Airport cleaned up at the Airport Revenue News’ 2009 Best Concession Awards Feb. 15 in Orlando,
Fla.
This week, familiar objects take on new looks and meaning at the Indianapolis Art Center.
Raising local hospitality taxes and trimming funding to local cultural organizations are among the possible solutions the Capital Improvement Board’s finance committee identified this morning to help chip away at the organization’s looming $38 million budget deficit. The CIB board will meet Monday to consider the options presented by the finance committee. A 1 percentage-point […]
Young & Laramore, the city’s largest advertising agency, has launched a division focusing on digital and design work. It’s the first new division for the firm since it launched EchoPoint Media, its media buying arm, more than 10 years ago. Y&L is picking a precarious time to expand. North American advertising spending overall is expected […]
If angel investors have any hair left, it’s usually gray from a lifetime spent in entrepreneurship. That’s what makes Gravity Ventures LLC unusual. The 15 professionals who recently formed the $1 million fund are all in their 30s. “The folks in our group are still in the ‘doing’ part of their careers, so that brings […]
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. […]
I went to church Sunday night. It wasn’t a religious experience-wasn’t supposed to be, anyway. It was a concert by my friend Steven Stolen. When I walked into Trinity Episcopal, many pews were filled. But there was an open seat next to my friend Tamara and her husband, and she beckoned me to join them. […]
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. […]
