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The recent white paper issued by investment firm GMO’s James Montier ridicules some of the “innovations” that are popular in the investment field. His criticism addresses concepts like smart beta, risk parity, and real asset inflation hedges.
Over the past few weeks, the research center in which I work published three studies evaluating the role of economic development programs in Indiana. The results held surprises and some not-so-surprising findings.
A northwest Indiana planning board has voted in favor of a proposed Illiana Expressway that would connect Interstate 65 near Lowell with Interstate 55 south of Chicago.
A man was taken to Eskenazi Hospital in critical condition Wednesday after he was shot at his home in the 3600 block of North Whittier Place. DeShawn McKeller, 25, drove himself to a fire department station at 38th Street and Lesley Avenue after the 11 p.m. shooting. A witness reported hearing four or five shots before seeing a pickup drive away.
U.S. Secret Service investigators say they might have found a counterfeiting operation responsible for a big surge in fake money across the state. Agents raided an Indianapolis home on North Riley Street Thursday evening and arrested three people after finding fake $100 bills, printers, computers and paper supplies. They also found firearms, drugs and items associated with a meth lab. Brandon Clark, 24; Timothy Deutscher, 35; and Jessica Fisher, 30; face state and federal charges.
The Metropolitan School District of Lawrence Township on Thursday announced the hiring of Shawn Smith as its new superintendent. Smith, an assistant superintendent from Pike Township, will succeed the retiring Concetta Raimondi, who led the district for four years. The district is one of the 10 largest in the state, with about 16,000 students.
The number of people seeking U.S. unemployment benefits rose by 68,000 last week, to a seasonally adjusted 368,000, the largest increase in more than a year.
A federal agency has awarded two Indiana manufacturers, including one in Indianapolis, more than $15 million in tax credits intended to boost their production of clean energy equipment.
A new Medicaid expansion deal with the Republican governor of Iowa OK’d a cost-sharing requirement similar to what Indiana Gov. Mike Pence wants. But the Obama administration says it won’t extend that deal as low as Pence would like to go.
Mayco International LLC will invest $2.9 million and significantly boost employment at its Hartford City plant, due to new client orders for interior sunshades.
Since 1998, there have been more than 100 attempts to develop an Alzheimer’s treatment, and all have failed. Such a product may generate as much as $5 billion annually for Merck, according to analysts
The maker of Stride Rite, Sperry Top-Sider, Hush Puppies and Keds footwear plans to expand operations in Richmond, creating 184 jobs by 2017 and retaining 130 workers in the city about 65 miles east of Indianapolis.
As part of a $150,000 renovation of the first floor, workers are installing three large windows on the historic building’s north side where the originals had been removed and covered long ago with matching limestone.
Hamilton and Boone counties are home to upscale communities, but the suburbs are not immune to problems like unemployment, homelessness and food insecurity.
Cymbalta is Eli Lilly and Co. Inc.'s best-selling drug and posted 2012 sales of $4.7 billion, making it the fifth-highest selling medication in the world. The drug's patent expired Wednesday.
Indiana Gov. Mike Pence is scheduling a meeting with U.S. Health and Human Services Secretary Kathleen Sebelius about the state’s request to use its own health care plan in place of a traditional Medicaid expansion.
The network said the Tuesday night telecast averaged 920,000 viewers, topping out at more than 1 million from 10:15 to 10:30 p.m. EST.
Gov. Mike Pence says the federal government has rejected Indiana's request that Howard County be declared a major disaster area because of damage from last month's tornadoes and severe storms.
Marriage, education and child care are just some of the hot potatoes likely to receive debate.
