Allison Transmission invests in British engineering firm
Though plagued by debt, Allison Transmission recently plowed millions of dollars into experimental technology that could lead
to new products.
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Top logistics execs draw road map for industry
On the menu of Indiana’s economic development initiatives, the logistics industry has had all the appeal of truck stop coffee.
Meanwhile, the information technology and life sciences sectors—and recently clean tech—have had everyone salivating. Logistics, however, is cooking up a new strategy.
System meltdown at the Statehouse
Lawmakers sometimes do their best work right after an election, when they have a fresh victory in hand and can think beyond
their political self-interest. Not this time.
Good health is good for business
In the last six months we have been concerned with falling numbers—sales, stock prices, 401(k) values, the bottom line. More
recently, however, I have been concerned with rising numbers—blood pressure, cholesterol, prostate antigens, the waistline.
Indiana wages now well below average
Last week the U.S. Bureau of Economic Analysis released its estimates of county personal income and all the detail comprising
those data.
Community leaders grateful to Simons
Most of us were taught to give thanks to those who do well and make our lives better. Some of us would like to give our hearty
thanks to Mel and Herb Simon and their families for all they’ve done in our community and statewide.
Read my lips: Reform local government
With the economy struggling, tax receipts falling and federal deficits soaring, there’s more pressure than ever for government
cost-cutting. Yet most Indiana local government-reform efforts have died an ignoble death in two consecutive legislative sessions.
Why?
Deal-making efforts unraveled in session’s last days
You wouldn’t have expected it going into the final week of the Indiana General Assembly, but we’re headed for a special legislative
session.
George gives IRL four years to break even … or else
Indy Racing League founder Tony George dropped a bombshell in December when he told an industry group that he would shut down
the open-wheel series if it didn’t break into the black soon.
F1 team picks Charlotte for new headquarters
A decision by a startup Formula One team to set up shop in Charlotte, N.C., is fueling debate over whether Indianapolis still
is the self-proclaimed "motorsports capital of the world."
Data can be deceiving when the economy slows
Investors today are dealing with a variety of calculation problems when attempting to determine if stocks
are attractive values. Some of the more common ratios and statistical measures that investors regularly employ to value businesses
become skewed in an economic downturn.
Build your economy by assessing community
Hard times present a fitting opportunity for communities to engage in useful self-reflection. In this case, deep thinking on the regional economy could best be served by focusing on the fundamentals first, not the outcomes.
LOU’S VIEWS: Booking art on the library’s pedestals
This week, new artwork in front of the Central Library, and a Pulitzer-winning
play at IRT.
Swine of the times: An epidemic like no other
Why discuss the swine flu in a Web column? Well, with information regarding the current situation changing on a daily, even hourly,
basis, the Centers for Disease Control is working hard to keep people informed, including "broadcasting" updates via Twitter.
City built on leadership, cooperation is in danger
No matter how the Capital Improvement Board funding mess plays out, we’re left with resentment coming from all directions
and an unprecedented splintering of the long-standing bipartisan cooperation that helped propel our city forward.
IBJ nabs prestigious business-journalism award
IBJ nabs prestigious business-journalism award IBJ received a national first-place prize for general excellence at the Society of American Business Editors and Writers annual conference on April 27 in Denver. The newspaper won in the weekly publication category, which includes regional business journals of all circulation sizes. Judges wrote: “The Indianapolis Business Journal was a […]
HEALTH CARE
HEALTH CARE Pharma sets sail to China Drug companies-including Indianapolis-based Eli Lilly and Co.-are looking to ramp up sales internationally as the U.S. market contracts for the first time in 50 years. Sales of pharmaceuticals will fall 1 percent to 2 percent in the United States this year, according to a revised forecast from Connecticut-based […]
REAL ESTATE
REAL ESTATE Local engineering company buys former CP Morgan HQ A local company that had planned to build a new headquarters at Anson, near Zionsvillle, decided instead to buy the former headquarters of the defunct home builder CP Morgan near 96th Street and Gray Road. Performance Services Inc., an engineering and construction company serving educational […]
GOVERNMENT Indiana’s college savings plan ranked among nation’s best
GOVERNMENT Indiana’s college savings plan ranked among nation’s best C h icago -ba se d investment research firm Morningstar Inc. has named Indiana’s CollegeChoice 529 Direct Savings Plan one of the nation’s five best. State Treasurer Richard Mourdock, chairman of the Indiana Education Savings Authority, hired Massachusettsbased Upromise Investments last September to administer the plan. […]