UPDATE: Water-main break closes part of Castleton Square
Simon Property Group spokesman Les Morris said 110 out of 130 mall stores were open late this morning.
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Consumer spending posts weak April reading
The Commerce Department said Friday that consumer spending was unchanged last month, the weakest showing in seven months.
Anti-development property owner gives homestead to local land trust
A 16-acre wood nestled against the White River and surrounded by the Keystone at the Crossing shopping center will become
a public nature preserve.
It’s another scaled-back summer for vacationers
More people are expected to hit the road than did last year, but their budgets will be tighter because of high unemployment,
stock markets in retreat and a still-fragile economy.
I-69 connection staying put, even with higher costs
Some have suggested moving it west, through less-populated Morgan County, to tie into Interstate 70 near Indianapolis International
Airport.
Ivy Tech summer semester enrollment up 17 percent
Enrollment during the period rose 17 percent, to more than 57,000 students as of Monday, the first day of the summer semester.
Purdue to host 3 international conferences in July
The three simultaneous gatherings are expected to draw about 600 scientists and researchers from some 30 countries to the
West Lafayette campus from July 12-15.
Grameen Bank might open here, providing small loans that add up
Bangladesh-based Grameen Bank, the Nobel Peace Prize-winning financial institution that developed the concept of life-changing
micro loans for the poor, is contemplating opening its third U.S. branch in Indianapolis.
Race has lost its magic
I hope [Bill Benner’s May 17 column is] right and that the new management at the Speedway finds ways to bring back
the “luster” of the old 500s. But it just doesn’t appear that way.
Rivers Edge lands Nordstrom Rack, The Container Store
Two sought-after national retail concepts are poised to open their first Indianapolis stores. Kite Realty Group Trust has
recruited Nordstrom Rack and The Container Store as likely anchors of a redevelopment
of Shops at Rivers Edge along 82nd Street at Dean Road.
BOULET: Has civility become a quaint and obsolete concept?
Americans are not as civil as they used to be. Daily, there are doses of uncivil behavior reported by the media. And bad behavior isn’t limited to highly visible
people.
MARCUS: Health care bill opens doors to change
The Patient Protection and Affordable Care Act is a major step forward. It widens the door to health insurance for those
with pre-existing conditions, for employees of small businesses and others currently not covered.
MAURER: Early education leads to success
Not only is early childhood education essential to supplement and often reverse the effects of a deficient home environment,
but a rich preschool home environment is also an important indicator of high achievement.
EDITORIAL: Executive pay policies, not salaries, need reform
In the wake of a recession blamed largely on Wall Street, boards need to act. But reducing executive pay shouldn’t
be their primary objective.
SKARBECK: Why do Fannie, Freddie deserve a free pass?
One crisis that continues to simmer under the public radar is the endless taxpayer support needed to prop up Fannie Mae and Freddie Mac.
Lilly grows Alimta’s sales by shrinking market
In 2008, Eli Lilly and Co. asked drug regulators to change the label on Alimta so Lilly could no longer promote it as a treatment
for all patients suffering from non-small-cell lung cancer, but for only about 70 percent of the patients. Since then, sales
of the drug have accelerated, growing a whopping 48 percent last year.
HICKS: Memorial Day puts economics in perspective
the things that determine our ultimate prosperity and happiness are not the vacillations of markets.
Private companies struggle to raise funds once reaching critical mass
Several Indiana companies are in a position, or soon will be, to launch an initial public offering. But don’t expect a wave
of new Indiana public companies. In the recession, with both revenue and profits down, companies may choose to wait until
they have better numbers to report.