Consumer-spending increase beats expectations
The Commerce Department reported Wednesday that consumer spending rose a brisk 0.7 percent last month, following a pullback
in September.
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AccuPay Payroll expands in a down economy
AccuPay Payroll in Indianapolis has expanded while competing against larger, national competitors like New Jersey-based Automatic Data Processing and New York-based Paychex.
Bringing self-publishing to the classroom
Professor Textbook aims to bring self-publishing to college campuses by helping professors publish their own textbooks.
Barber shop thrives on retro appeal
Brownsburg’s Everyday Joe’s Barber Shop offers personal touch and a retro look.
Small businesses changing hands despite recession
Even in recession, entrepreneurs buy and sell local small businesses. Plenty of Indianapolis-area companies are for sale.
24 percent of 46201 residents are below poverty level
Indy Partnership analyzed data derived from the American Community Survey, the 2000 U.S. Census and the 2005 U.S. Census
Business Patterns Report.
Coal-gasification plant price tag climbs to $2.5 billion
Duke Energy Corp. said the cost of the plant it’s building in southwestern Indiana has risen another $150 million.
Employers brace for Cyber Monday
More than 53 percent of workers with Internet access, or 68.8 million, are expected to shop online Monday, according to
the Washington, D.C.-based National Retail Federation.
Neighborhood revitalization group calling it quits
BOS Community Development Corp., created in 1982 to revitalize the Indiana Avenue and Midtown area, says its mission is accomplished.
UPDATE: FBI searches Durham-owned company offices
Ohio securities regulators say Tim Durham’s Fair Finance Co. won’t be permitted to sell additional investment certificates
unless it satisfactorily answers a series of questions about the company’s ability to pay them back.
Video surveillance legal in Hoosier state, but beware lawsuits
Most states–Indiana included–have no law on the books banning video surveillance in homes or businesses. However, anyone
considering using a hidden camera should consider the potential to be sued under the state’s well-developed privacy law.
Internet sales of hidden ‘nanny’ cameras booming
Falling prices,
rising distrust persuade businesses and individuals to point lenses at the unsuspecting. Bonus: Our own video
surveilling the new tiny tech.
Patachou owner’s pizzeria receives variance approval
Cafe Patachou owner Martha Hoover can now move forward with plans to open a pizzeria next to her trademark eatery at 49th
and Pennsylvania streets.
Traffic technology handy after propane tanker explosion
A complex system of signs along Indianapolis’ interstate highway system was pressed into action after a propane tanker exploded
in October near I-465 and I-69.
This Week in IBJ
Overlooked in the Nov. 10 announcement that Aarden Pharmaceuticals would establish its headquarters here is that it considered San Diego, that sunnier and more renowned life sciences bastion. http://www.ibj.com/technology/PARAMS/article/11157
Asking price for Hilbert estate drops below $10M
After more than four years on the market, the Carmel estate built for Conseco Inc. founder Stephen Hilbert is listed at
$9.9 million—less than half of the original asking price and a third of the $30
million it was estimated to be worth in 2001.
FBI serves search warrants on Durham-owned companies
The FBI on Tuesday executed search warrants at two companies led by high-profile executive Tim Durham—Indianapolis-based
Obsidian Enterprises Inc. and Akron, Ohio-based Fair Finance Co.
Q&A
Dr. Aaron Carroll of the Indiana University School of Medicine is concerned that health reform bills pending on Congress
stop short of addressing soaring costs.