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SKARBECK: Chrysler deal succeeded thanks to fed intervention
In the midst of the U.S. government’s plan to fast-track Chrysler through bankruptcy, Indiana Treasurer Richard Mourdock waged
a lonely and unpopular battle.
Lawmakers mull ‘cash for clunkers’ rebate program
Lawmakers mull ‘cash for clunkers’ rebate program Consumers could receive rebates of up to $4,500 for turning in their gas-guzzling cars and trucks for more fuel-efficient vehicles under a U.S. House proposal. President Barack Obama has urged Congress to approve consumer incentives for new car purchases as part of the government’s efforts to reorganize General […]
BENNER: 965 days and counting until Super Bowl Sunday 2012
Indianapolis is more than up to the task of hosting the Super Bowl.
DINING: No waffling, Maxine’s delivers
It felt weird to pull into a gas station parking lot in search of lunch. But we forgot we were in a former auto repair shop
as soon as we walked into Maxine’s
Chicken & Waffles, attached to the Citgo station at Ohio and East streets.
Deloitte employees take part in company-wide volunteer day
Eli Lilly and Co. isn’t the only company to set aside a day for volunteering. The Big 4 accounting firm Deloitte had its 10th
annual IMPACT Day June 5.
FEIGENBAUM: Problems pile up as legislators get back to work
Special session will be longer than all had hoped before because of multiple unresolved issues
2010 Final Four launches Web site
2010 Final Four launches Web site Ten months from tipoff of the 2010 men’s NCAA Final Four in Indianapolis, the local organizing committee and NCAA have launched a Web site for the event at www.ncaa.com/finalfour. The 2010 NCAA Men’s Final Four is scheduled for April 3 and 5 at Lucas Oil Stadium. The stadium hosted […]
Judge slams law firm Bose over ‘misrepresentations’ in Red Spot case
Bose McKinney & Evans’ defense of an Evansville company in a high-stakes environmental-contamination lawsuit has degenerated
into a fiasco, with a federal judge sanctioning both the client Red Spot Paint & Varnish Co. and law firm and ordering
each to pay half the plaintiff’s
legal bills.
IU to offer degree in fund raising
Most fund-raisers stumble into the profession, but within a decade the field could be populated by recent college graduates
who hold degrees in philanthropic studies.The Center on Philanthropy at Indiana University soon will roll out a bachelor’s
degree that would be among the first of its kind. If all goes as planned, IUPUI would begin marketing the degree, granted
by the School of Liberal Arts, for the fall of 2010.
Anderson’s abundant water supply makes city well-suited for Nestle, other food processors
The city of Anderson soon will tap a new well to help accommodate demand from Nestle USA, which opened a Madison County plant
in May 2008 producing bottled, flavored Nesquik and liquid Coffee-mate, a water-based creamer. The
company already has launched an expansion slated for completion in 2011.
Local companies position to bolster solar biz in Indiana
A Michigan company that supplies solar energy systems to Fortune 500 companies and educational and government buildings has
tapped two local entrepreneurs to establish a beachhead in Indianapolis.
Chrysler challenge was right call for Mourdock
State Treasurer Richard Mourdock’s attempt to stand up for the rule of law in the Chrysler bankruptcy appears to have been
futile, but we applaud the treasurer for trying. Mourdock went all the way to the U.S. Supreme Court to preserve the rights
of secured creditors in bankruptcy cases.
Expanded FedEx cargo hub not meeting expectations
Indianapolis International Airport, already suffering from a 10-percent drop in passenger traffic and a projected $15 million
revenue shortfall this year, is also feeling financial drag from its single most important tenant. FedEx Express cargo shipments,
which amount to about half of the $25 million in airfield fees generated at the airport, fell
16 percent in the first three months of this year vs. the same period last year.
Indiana Members Credit Union grows by acquisition
Indiana Members Credit Union, the metro area’s second-largest credit union, has acquired Marsh Employees Federal Credit Union.
MARCUS: Urban entryways deserve attention
We need not have an arch to rival St. Louis, but more communities could copy work done on the north side of Bloomington and
the west side of Columbus to welcome visitors and bolster the pride of residents.
With Byetta’s sales stalled, Lilly unveils its own competitor
While Eli Lilly and Co. continues to work with a biotech firm on the diabetes medicine Byetta, it’s developing a potential
competitor to Byetta all on its own.
Browning acquires 43 homes for $100 million mixed-used development in Carmel
Developer Brown Investments has reached terms with the owners of 43 of 49 homes in the North Meridian Heights neighborhood
in Carmel. Browning plans to demolish the homes to make way for a $100 million commercial development over 17 acres.
You-review-it Monday
This week, for me, included Gregory Hancock Dance Theatre’s “India Ever After” and the Indianapolis Symphony Orchestra’s tribute to Irving Berlin. More on both in the upcoming IBJ print edition.
I also enjoyed strolling through White River State Park for the…
Democrats revive Indiana bridge authority plan-WEB ONLY
Democrats in the Indiana House have revived the idea of creating an Indiana bridge authority that would negotiate with Kentucky for major Ohio River bridge projects linking the two states. Democrats included language creating the bridge authority in their one-year spending plan introduced Thursday that’s being considered in the General Assembly’s special session. Gov. Mitch […]