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The plan authorizes the state to loan the Speedway $100 million—money it will borrow through bonds—to make the grandstands more accessible to people with disabilities and to install lights for night races.
Retailer push for more space also prompted the Indianapolis-based real estate investment trust to raise its profit forecast.
The Indianapolis-based owner of retail centers raised its expectations for the fiscal year after reporting solid gains in occupancy, rent revenue and earnings for the first quarter.
Celadon CEO Paul Will noted that the latest quarter had two fewer business days than the previous year's period and was hampered by heavy winter storms.
Indiana legislators prepared a compromise bill Thursday that would suspend implementation of a national set of reading and math education standards for a year while new state reviews are done.
Sure, Indy’s large arts presenters made a splash at the annual benefit, but smaller companies also earned attention and applause.
Last in a month-long series of food-and-a-drink eatery reviews.
Seeing Spike Lee in the front row at a recent Knicks game reminded me how exciting it would be to see the old rivalry revived.
Zionsville’s new economic development plan calls for ramping up commercial activity in the predominantly residential community—just not at the expense of the mom-and-pop shops that give the Boone County town its charm.
I have been remiss in not writing anything about a prime tourist destination—and my hometown—New Orleans. Correction time
Getting $50,000—often from friends and relatives—to develop a product and set up a company still is easy enough in Indiana, small-business leaders and venture capitalists say. But once a firm needs a few million dollars to grow into a revenue-generating operation, the area can’t compete with Silicon Valley’s magnetism for venture capital.
When partisanship did rear its head—Indianapolis Democrats charged a GOP “power grab” in negotiations over changes in Marion County government structure—it was not disruptive.
In light of the sequestration, it is crucial that the government realizes the importance of foreign aid spending and its impact on the economy.
Who wouldn’t want a transit system that saved them $8,000 while someone else paid the bills [Updike Viewpoint, April 15]?
Responding to the [April 15] millennial view Jordan Updike has of transit, I appreciate his passion for mass transit, and I would echo that passion in the negative.
Indiana’s county-owned hospitals have rushed to acquire nursing homes in the past two years, opening a revenue stream for both the hospitals and the long-term-care facilities. But the additional federal revenue that has driven these purchases could come under threat.
Are entrepreneurs born or made? As a corporate finance attorney who spends most of his waking hours with leaders of high-growth businesses, I’ve observed that entrepreneurs have certain shared traits: ambition, dynamism, curiosity and confidence.
This weekend finds me in D.C. cheering my Reagan White House boss, Fred Fielding, on receiving the National Republican Lawyers Association’s Ed Meese Award for upholding the rule of law in the face of political adversity. No one could be more deserving.
My friend settled an old score with the once-racist swim club, but scars remain more than 50 years later.
