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Intramural competition-WEB ONLY
Indianapolis has built a tidy book of business in the convention trade. Confabs ranging from the National FFA to Gen Con generated nearly 22 million visitors and $3.5 billion in spending in 2006 alone, according to D.K. Shifflet & Associates and Global Insight. With a new airport terminal and Lucas Oil Stadium up and running, […]
Budget forecasts ‘not for the timid’-WEB ONLY
Heard the joke about the three economists who went hunting together? When they saw a deer, the first fired his shotgun and missed a foot to the left, while the second aimed and missed a foot to the right. The third economist didn’t shoot. Instead, he shouted in triumph, “We got it!” With the help […]
EDITORIAL: An opportunity worth exploring-WEB ONLY
The American Institute of Architects is sending some big guns here to consider how transit-oriented development might transform the neighborhood around 22nd Street and the Monon Trail (see story). The AIA’s Sustainable Design Assessment Team initiative will involve volunteers from around the nation, ranging from urban designers to economists to hydrologists. The AIA program last […]
EYE ON THE PIE: Let’s reassess reassessment-WEB ONLY
Gordon Garble and I are meeting for breakfast. Gordon orders the Everything Skillet: two eggs, Swiss cheese, hashbrown potatoes, ham, bacon, onions, green pepper and mushrooms, all topped by sausage gravy-with a side of three banana pancakes. I have the same, only to be friendly. “I’m thinking about running,” he says. “Exercise might be helpful,” […]
Veteran theater troupe axes summer programs-WEB ONLY
Cash-strapped theater group Carmel Community Players has nixed its summer musical, canceled its Summer Camp for Kids, and pulled out of Carmelfest 2009 after being denied the public funding it has received for years. Carmel’s City Council decided last month to withdraw its support for the 16-year-old CCP, giving $70,000 to rival Carmel Repertory Theatre, […]
Efroymson back at IMOCA
I’ll take a break from my NYC dispatches so that IBJ reporter Kathleen McLaughlin can offer this report.
Philanthropist Jeremy Efroymson has a rather unorthodox plan for leading the contemporary art venue that he co-founded out of financial straits.
Efroymson will become…
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Goodyear turns to Tony Stewart
How serious is next week’s NASCAR tire test at the Indianapolis Motor Speedway?
Goodyear, who was largely credited for ruining last year’s Brickyard 400 NASCAR race, has called on one of its biggest critics…
Downsides to city sponsorships
As the city of Indianapolis continues to explore selling sponsorships to help bridge a yawning budget gap,
some interesting ideas are turning up.
As IBJ writer Riya V. Anandwala reports, proposals include sponsoring abandoned lots, underwriting the salting
of city…
GM’s looming bankruptcy
So, three decades of decline has come to this for General Motors: a Chapter 11 bankruptcy petition expected
to be filed Monday.
Lots of problems contributed to its downfall, but now the carmaker faces an extremely steep climb.
The bankruptcy…
NYC 2: B’way blocks/Fallon talks
Second in a series of dispatches from New York.
I’ve got mixed feelings about the, for now, temporary move to block traffic on Times Square and Duffy Square in midtown Manhattan. (Look for yourself here)
The experiment, which started this week, certainly gives the…
SBA announces loan program for dealerships-WEB ONLY
The federal government will offer guaranteed lines of credit to automobile, boat, recreational vehicle and other dealerships under a pilot program through the Small Business Administration. SBA Administrator Karen Mills said the Dealer Floor Plan financing program will be available July 1 through Sept. 30, 2010, and will offer dealerships a way “to get through […]
Indiana legislator enters GOP race against Burton-WEB ONLY
A fourth prominent Republican has decided to challenge longtime Indiana Congressman Dan Burton in next year’s GOP primary. State Rep. Mike Murphy of Indianapolis announced his candidacy today in Tipton at the vacant Getrag transmission plant that the company stopped building last year during a dispute with Chrysler. Murphy is a former Marion County Republican […]
Lafayette manufacturer laying off 200 workers-WEB ONLY
About 200 production workers at a Fairfield Manufacturing Co. factory in Lafayette are being laid off. Fairfield vice president Jim Mills said the company has seen its business decline more than 30 percent in recent months and there’s no sign of recovery. The Lafayette Journal & Courier reported that before this week’s layoffs, 147 of […]
Express Scripts closer to $4.7B WellPoint deal
Express Scripts Inc. has cleared an
antitrust review for its planned purchase of Indianapolis-based WellPoint
Inc.’s pharmacy benefits management business, bringing the $4.7 billion deal
closer to completion.
Bathroom fire damages Noblesville theater-WEB ONLY
A fire set in a restroom filled a central Indiana movie theater with smoke and prompted its evacuation. The Noblesville Fire Department said the fire was set last night in a men’s room stall at the Goodrich Quality IMAX Theatre. No injuries were reported, but the fire caused an estimated $25,000 in damage before it […]