USDA forecasts huge soybean, corn harvests
Record harvests are being forecast for corn and soybean farmers, and now the focus turns to bringing the giant crop in from
the field.
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NFP of NOTE: Flanner House of Indianapolis Inc.
Flanner House of Indianapolis Inc.’s mission is to support the community on the near northwest side of Indianapolis
by providing early childhood education, senior services, employment and social services programs.
Economist: Recovery at hand, but barriers exist
Leading
indicators show that an economic recovery likely will take hold in 2010, although several challenges remain that could delay
a solid rebound from the worst recession in a generation, an economist said Friday morning at IBJ’s annual Economic Forecast.
Federal workers dodging layoffs
One of the best places to have waited out this recession was in federal government. Federal workers have pretty much gotten
a bye on pink slips at a time private sector employees have taken it on the chin.
EDITORIAL: Another blow to a deadly habit?
An ordinance that would ban smoking in enclosed spaces where it’s still allowed—primarily bars and bowling alleys—is
once again being considered by the City-County Council. And again we urge councilors to adopt the measure.
West Lafayette delays switch to metered trash pickup
West Lafayette’s city council has delayed implementation of a new “pay as you throw” garbage collection system.
WellPoint shares partially recover after Thursday plunge
Shares of WellPoint Inc. partially recovered Friday morning after a plunge was touched off Thursday by gathering momentum behind health care reform and talk of a windfall-profit tax by Speaker of the House Nancy Pelosi.
Tyson to add 80 jobs in Corydon expansion
Tyson Foods Inc. plans to expand a poultry-processing operation in southern Indiana and says it will add nearly 80 jobs.
Trade deficit narrows unexpectedly to $30.7B
The U.S. trade deficit unexpectedly narrowed in August as exports posted a small gain, while imports fell on a big drop in
demand for foreign oil.
Emmis smacked with quarterly loss of $135M
Emmis Communications Corp. suffered a whopping loss of $135.6 million in its most recent fiscal quarter, the Indianapolis-based
media company reported Friday morning.
Stimulus to brighten city’s traffic lights
The bright lights of Indiana’s largest city are getting brighter—at hundreds of street intersections, anyway.
Grocery, housing projects could rejuvenate stretch of 16th Street
A troubled low-income housing project has a new owner with plans to redevelop the complex to better
connect with the Herron Morton Place neighborhood. Next door, Kroger has revived efforts to acquire
land and plan a new supermarket to replace a cramped, old-format location.
Mayor seeks your suggestions
The newly created Indy
Ideas Web site and the Neighborhood Association Council are both intended to encourage participation in local government.
Securities firm Stifel Nicolaus balks at fraud charge
Transactions cited in the complaint involved advisers scattered across the firm’s seven Indiana offices, though two-thirds
were clients of Jeff Cohen.
WellPoint memos show job cuts starting with mid-level execs
With a national unemployment rate of nearly 10 percent eroding its customer base, WellPoint Inc. is cutting at least 30
middle-management employees and reshuffling its corporate organization, according to internal memos obtained by IBJ.
Lucas Oil out to build on Jiffy Lube deal
One year after emblazoning its name on the Indianapolis Colts’ mammoth new home, Lucas Oil Products Inc. has leveraged
that sponsorship into a pact with Jiffy Lube that company founder Forrest Lucas thinks will score huge profits for his company.
Firms line up to find new uses for old airport terminal, other properties
The cash-strapped Indianapolis Airport Authority suddenly can’t look soon enough at developing some of its vast real
estate holdings, including the city’s former passenger terminal. This month, it plans to conduct final contract
negotiations with a firm that would study reuse of the old terminal, adjacent land and other airport holdings.
Indiana State Museum chief trying to define brand on tight budget
The museum finally has a brand—it bills itself as a “center for science
and culture”—but don’t expect a splashy campaign.