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Columbus-based Irwin Financial Corp. said today it lost $94 million, or $3.07 per share, in the first quarter due to costs related to the company’s restructuring. The deficit compares with a loss of $22 million, or 77 cents per share, in the same period a year ago, but is less than the $104 million it […]
Normal 0 false false false MicrosoftInternetExplorer4 Batesville-based Hillenbrand Inc., which provides caskets and other products to the funeral industry, today said its fiscal second-quarter profit rose 19 percent compared with the same period a year ago. For the period ending March 31, Hillenbrand earned $27.8 million, or 45 cents per share, meeting analysts’ expectations. […]
Indianapolis-based White River Capital Inc. said today that profit in the first quarter fell 65 percent compared with the same period last year due to tough economic conditions. White River is the holding company for a pair of subprime auto-loan firms: locally based Union Acceptance Co. LLC and Virginia Beach, Va.-based Coastal Credit LLC. The […]
One of Indianaâ??s better-known living authors, Scott Russell Sanders, has spent most of his career writing
about our relationship to the environment and our sense of place.
Sanders newest book, â??A Conservationist Manifesto,â?? published last month by Indiana University…
While the Marian College cycling team has been off hunting national championships in Colorado, school officials’ plan to manage the Major Taylor Velodrome has not yet won support from Indy Parks.
Marian College officials…
A group of eighth grade girls from a local charter school spent all day Friday learning about real estate and developing plans for reuse of…
Normal 0 false false false MicrosoftInternetExplorer4 Normal 0 false false false MicrosoftInternetExplorer4 Normal 0 false false false MicrosoftInternetExplorer4 Conseco Inc. this morning reported a lower-than-expected profit of $24.5 million, or 13 cents per share, in the first quarter. That compares with a loss of $7.2 million, or 4 cents per share, in the same period […]
Indiana legislative leaders have a debate blueprint they hope will prevent a long, costly special session for a new state spending plan. They’ve formed a special committee that will ask for a revised revenue forecast, even though lawmakers just received one last month. They want a full budget proposal from Republican Gov. Mitch Daniels, complete […]
A former coal industry lobbyist has been named to a top post with Indiana’s environmental agency, an appointment that environmental activists say raises questions about whether he can be objective in his new job. David Joest, a former registered lobbyist for Peabody Coal Co., became the Indiana Department of Environmental Management’s assistant commissioner for the […]
A part-time construction job sturdied Orva Fry’s financial foundation after he was laid off from a northern Indiana recreational vehicle factory. It also kept the 41-year-old Amish father of two on steady spiritual ground. Another way to make ends meet that Fry briefly considered – unemployment checks – went against his faith, which shuns all […]
Someone once told me it’s easy to run an organization when times are good.
It’s when times are tough that things get difficult. Well, we’re definitely there.
There are many factors involved in the decision to volunteer in the community—including
time commitment, the opportunities for building social networks, the skill set needed for the volunteer position, and of course
the mission of the organization.
President Obama is wrong when he says government
is the only solution to what ails America’s economy. In reality, his thoughts are tragically flawed. Government, as we know it today, is the problem.
A strong economy requires risk-takers, and it is the bold and brash who will seize opportunities as the economy rebounds.
BANKRUPTCIES Redbud Consulting Inc., 9707 Castle Woods Cove, 46280. Chapter 7 liquidation. Assets: $50; liabilities: $331,270. >
BEHIND THE NEWS REITs get boost, not scorn, for selling cheap shares Here’s more evidence we’re in strange times: Indianapolis’ real estate investment trusts have been issuing hundreds of millions of dollars of stock at woefully low prices-and getting a pat on the back from their shareholders for doing so. It’s all part of the […]
Bank supports network for struggling homeowners The story behind the gift: Fifth Third Bank is one of several lenders supporting a comprehensive resource for homeowners at risk of foreclosure. The bank recently made a $10,000 gift to the Indiana Housing and Community Development Authority, a quasi-public agency. Through its Indiana Foreclosure Prevention Network, IHCDA runs […]
Because secondhand smoke is a longer-term health threat—rather than something quick like the flu or food poisoning—too
much of society, including the media, overlooks its danger with nary a second glance.
Telcos eye possible competition from electric utilities Others say ‘smart grids’ might generate business A trade group for the state’s telephone companies is wringing its hands over budding efforts of electric companies to offer so-called smart grids to better monitor and manage electric distribution. The Indiana Telecommunications Association, in filings with the Indiana Utility Regulatory […]
The 32-year-old developer Lauth Group Inc. likely will survive in some form if the company can find financing to get it through
a Chapter 11 reorganization and if the real estate market doesn’t take too long to turn around, experts said.
