Indiana University planning global studies school
Indiana University is planning a School of Global and International Studies in an effort to draw more attention to its international programs.
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State unemployment rate climbs to 8.2 percent
Indiana’s unemployment rate climbed to 8.2 percent in July, marking the second straight month the rate has increased.
Carmel moves toward $183 million refinancing
The refinancing would free up about $8.8 million for future development projects and keep the Carmel Redevelopment Commission out of the red. But a skirmish is brewing over a CRC proposal for the city to help cover operating expenses.
Local developer buys 50 acres in Intech Park
Ace Commercial Development plans to construct a build-to-suit development for an undisclosed client on the highly visible property. Real estate sources say the client is locally based Heritage Environmental Services LLC.
Fed chairman Bernanke sets Indianapolis speech
Federal Reserve Chairman Ben Bernanke is scheduled to visit Indianapolis this fall to speak before the Economic Club of Indiana.
Anderson seeking new Nestle production line
Leaders of a central Indiana city are trying to persuade Nestle to pick it for a new production line at an existing plant that could add about 100 jobs.
AT&T technicians file lawsuit over lunch policy
Eleven AT&T technicians have filed a federal lawsuit seeking class-action status to collect unpaid wages and overtime, alleging the company compels them to work during unpaid lunch breaks. The suit seeks to represent 1,300 AT&T technicians in Indiana.
Stage collapse victims to find out how to get share of $6M
Those wanting to participate in the settlement must agree to various conditions, some aimed at limiting the state’s exposure to claims from third parties.
Indiana candidates scrap about farm bill failure
Congress' failure to pass a farm bill became a top talking point for Indiana candidates this week as Hoosier farmers continue to suffer through the worst drought in decades.
Don Marsh fighting to keep jury from learning he took Fifth
Attorneys for Don Marsh are trying to ensure that his refusal to answer questions during a 2010 deposition doesn’t come back to haunt him when Marsh Supermarkets' lawsuit against him goes to trial in October.
Cummins cools off, but Seymour expansion still in works
Cummins Inc.—a company that quadrupled its profits in two years—has shifted to cost-cutting mode amid a drop in global sales, but the Columbus-based engine manufacturer says it’s still on track to increase sales from $18 billion in 2011 to $30 billion in 2015.
Illinois lottery superintendent says Indiana taking flawed path
The Illinois Lottery is not a model Indiana should follow in seeking a private manager to boost revenue, according to Illinois’ own lottery chief. Hoosier Lottery officials say they’ve taken steps to avoid the problems Illinois had with its privatization contract, but several key elements of the process mirror Illinois’.
Vacant Consolidated Building purchased by local buyers
Two local buyers are angling to revitalize a century-old, 15-story downtown landmark that has confounded redevelopment attempts since its last tenants departed in the late 1990s. Ambrose Property Group and The Whitsett Group hope to transform the Consolidated Building into 98 apartments with first-floor retail or restaurant space.
EDITORIAL: Mayor must sign road, benefits measures
One measure provides health care benefits to the domestic partners of city employees. The other, known as Complete Streets, requires that projects be designed to accommodate pedestrians, bicyclists and public transportation, not just cars.
City’s convention agency changing to more ‘hip’ name
The Indianapolis Convention & Visitors Association is changing its name to Visit Indy and dramatically altering its logo to appeal to leisure travelers as well as meeting and convention planners.
MAURER: While Mickey’s away, you can play
Please enjoy “Auto Parts,” a puzzle I recently constructed.
Truck fleet insurer’s move to diversify gains traction
Sales of professional liability products are still a small part of total revenue but could reach $50 million by the end of 2013.
PROXY CORNER: HHGregg Inc.
Indianapolis-based HHGregg Inc is a retailer of consumer electronics and home appliances. It operates 212 stores in 17 states.
Vague language in institutional investing
Kathleen McLaughlin’s [July 28] story about state fund investing reminded of a problem in institutional investing today: vague and imprecise language.