Shares of Angie’s List, ITT skyrocket after reports
In the heart of a mediocre earnings season for public companies, Indianapolis-based firms Angie’s List and ITT Educational Services on Thursday shot to the top of the stock ticker.
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Lawmakers forge deal to help Indianapolis Motor Speedway
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.
Simon Property profit climbs as demand for space in malls climbs
Retailer push for more space also prompted the Indianapolis-based real estate investment trust to raise its profit forecast.
More demand for mall space boosts Simon earnings
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’s profit, revenue slide in latest 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.
Bill would delay new Indiana school standards
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.
LOU’S VIEWS: Spotlight shines on lesser-known Indy artists
Sure, Indy’s large arts presenters made a splash at the annual benefit, but smaller companies also earned attention and applause.
DINING: Taking a break from ordinary bar offerings in Broad Ripple
Last in a month-long series of food-and-a-drink eatery reviews.
BENNER: Hicks vs. Knicks reprise would turn buzz into roar
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 Main Street aims to boost drawing power, charm
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.
BASILE: My (big) easiest destination choice: New Orleans
I have been remiss in not writing anything about a prime tourist destination—and my hometown—New Orleans. Correction time
Venture capital favoring later-stage firms
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.
FEIGENBAUM: Legislative session notable for minimal acrimony
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.
Foreign aid is important
In light of the sequestration, it is crucial that the government realizes the importance of foreign aid spending and its impact on the economy.
Transit should support itself
Who wouldn’t want a transit system that saved them $8,000 while someone else paid the bills [Updike Viewpoint, April 15]?
Ridership won’t cover cost of mass transit
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.
Feds scrutinize nursing home buying spree
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.
BIRGE: Building a state of innovation
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.
RUSTHOVEN: Praise for one of the good guys
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.