Retail sales rise more than expected
The government’s report came as a surprise because the nation’s retailers have been reporting generally lackluster results
for the start of the holiday shopping season.
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Steel Dynamics expects drop in 4Q earnings
Steel Dynamics Inc., the nation’s fifth-largest producer of carbon steel products, said Thursday it expects fourth-quarter
earnings to decline from third-quarter levels due to lower shipments and weaker profit margins at its metal recycling operations.
Convention Center expansion more than half completed
The project will nearly double the convention center’s size and put Indianapolis 16th among U.S. cities in convention space.
Indiana Black Expo takes control of Circle City Classic
With the move, IBE hopes to rejuvenate the annual football game and related events, which have been suffering from declining attendance.
Basketball tournament expansion could pay off for NCAA
The NCAA might expand its annual men’s tournament from the current three-week, 65-team format
to one featuring an added week and a whopping 96 teams. Proponents of the plan say it will generate a bigger
television rights-fee deal for the not-for-profit NCAA, which disperses 95 percent of the income to member institutions.
NCAA discusses expanding basketball tournament
Talk of expanding the NCAA tournament is almost always done in public, most notably by Syracuse coach Jim Boeheim in 2006.
Now, the Indianapolis-based NCAA is looking into it behind closed doors—at least preliminarily.
Lilly charity gives $1M to new IU health school
The Eli Lilly and Co. Foundation has given Indiana University $1 million to start a school of public health at Indiana University-Purdue
University Indianapolis.
Cash-strapped mayors may tap owners of tax-exempt property
A group of mayors led by Tom Henry of Fort Wayne and Greg Ballard of Indianapolis is seeking new sources of revenue to replace
the millions they’ll lose because of property tax caps.
Obama reforms not necessarily dire for Sallie Mae in Indiana
The plan to nationalize the federal student loan program threatens to force Sallie Mae
to hack its network of 26 offices down to five. Yet the company’s Indiana operations have several advantages that could
help weather the cuts.
Stout’s Shoes still in step after 123 years
After more than a century in business, Indianapolis-based Stout’s Footwear Co. isn’t just
surviving. It also is proceeding with plans to open
a store next year on the city’s north side.
Federal filing lists another link between Brizzi, Durham
A federal financial-disclosure statement Brizzi submitted in May lists the politician as an investor in Red Rock Pictures
Holdings Inc., a film-development firm also backed by Durham.
HICKS: Recession may help close job-skills gap
One of the most important effects of the recession â??lower employment â?? is likely to be stubbornly persistent.
HICKS: Short-term thinking won’t yield long-term payoffs
Macroeconomic forecasting is a tough â??science.â?? One may have the economy completely right, but that doesnâ??t mean it will make you any money as an investor.
Holiday Wish List
Here is a list of Indianapolis-area not-for-profit organizations and the things each needs most.
DINING: Broad Ripple staple expands to downtown
The restaurant space at 15 E. Maryland St. has come a long way since its beer-drenched days as a Buffalo Wild Wings franchise.
LOU’S VIEWS: Symphony’s annual Yuletide show doesn’t need Vegas dress-up
When this year’s edition of “Yuletide Celebration” maintains its focus on the Indianapolis Symphony
Orchestra, guest host Maureen McGovern and the tap-dancing Santas, it’s as comforting as the
show has ever been.
INDOT using federal funds to improve transportation options near schools
The Safe Routes to School program “aims to influence a new generation of healthy, sustainable travel
behavior,” says INDOT.
Fishers-based Buckaroo Marketing grows with acquisition
The firm founded in 1999 recently announced it bought Indianapolis-based Zent Consulting. Financial terms
of the deal were not disclosed.