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First quarter profit for Old National Bancorp fell 51 percent from the same period a year ago, but the company still managed to exceed analysts’ expectations. The Evansville-based parent of Old National Bank this morning announced profit of $9.4 million, or 8 cents per share – beating analysts’ estimates by 2 cents. Revenue of $107.2 […]
It looks like scrappy Chrysler LLC might yet escape the auctioneer’s gavel. The smallest of the three major U.S.-based automakers cleared two major hurdles yesterday in its quest for survival, agreeing on a concession agreement with negotiators for the United Auto Workers and winning ratification of its cost-cutting deal with the Canadian Auto Workers. That […]
–Among the performers slated for the yet-to-be-announced 2009/10 Clowes Hall series of concerts: Jazz artist Joshua Redman on Sept. 19, Ballet Hispanico on Oct. 10, a big name country artist and former CMA Male Vocalist of the Year on Nov….
For an interesting take on how mass transit could help revitalize Indianapolis, see IBJ reporter Chris Oâ??Malleyâ??s
story this week on the topic. Ball State grad students dreamed up several concepts for plunking new rail
stations along existing…
Construction workers are gathering in Indianapolis today for a midday rally at the Indiana Statehouse to protest proposed cuts in unemployment insurance benefits. Lawmakers have been trying to come up with a solution for the state’s unemployment insurance fund, which has been paying out hundreds of millions of dollars more in benefits than it has […]
The Indiana Pacers are far from the only National Basketball Association franchise hurting financially. And the pain isn’t just striking small market teams.
While the first round of the playoffs rages on, several NBA…
General Motors Corp. said it will cut 21,000 U.S. factory jobs by next year, phase out its storied Pontiac brand and ask the government to take company stock in exchange for half of GM’s government debt as part of a major restructuring effort needed to get more government aid. The struggling automaker also said it […]
Supporters of a proposal that would set Indiana’s first comprehensive renewable energy policy are watching closely as the legislative session enters its final days, although key lawmakers aren’t optimistic that the measure will pass. Indiana is the only state in the Upper Midwest without a renewable energy standard – a policy that sets a specific […]
U.S. Rep. Mike Pence says a proposal by congressional Democrats to regulate gases some blame for global warming could cost the average American household more than $3,000 a year in higher energy costs. Pence, a Republican from Indiana, said Democrats’ proposed cap-and-trade legislation to deal with carbon dioxide emissions would also drive more American manufacturing […]
Indianapolis Colts owner Jim Irsay says the positions taken by Indiana lawmakers and local officials over a $47 million shortfall at the city’s stadium agency could hurt attempts to recruit new businesses to the city and state. He said he wasn’t open to renegotiations. Irsay, talking to reporters during a break from the NFL draft […]
This economy has been tough on just about everybody.
No matter what your choice of media, you can’t escape the news about companies and entire industries challenged by the recession. But what about the folks doing all that reporting?
A friend of mine is a minister and an expert on church management and growth. During one of our discussions, it struck me
how much starting and running a church is very like running a business. There are the same problems with morale, with retention,
with site selection, finance, marketing and growth pains. And with technology.
Rethinking mass transit The debate over light rail and other alternatives to the car doesn’t have to focus only on moving people from Point A to Point B. Other cities report that transit lines are magnets for sustainable real estate development. This week’s Focus section, with visuals provided by Ball State University’s College of Architecture […]
Sometimes the news is just so good you can’t believe it, and that is just what happened with the state revenue forecast this
month.
In 2009, blogging is not optional. If you have a business, you
must have a Web site. If you have a Web site, you must have a blog!
Westfield Mayor Andy Cook is proposing a $60 million youth sports complex with a 4,000-seat multipurpose outdoor
stadium, indoor sports facilities and sports fields with the goal of establishing the Hamilton County community as the "Family Sports Capital
of America."
Every day, we get more bad economic news. While I’m not smart enough to know when the global economy will rebound or how strong
the rebound will be, I do believe central Indiana and the Midwest are well-positioned to lead the recovery.
Volunteer managers say they’ve seen an influx this year of people who’ve lost their jobs, as well as students who are anticipating a tough market after graduation. The volunteers are welcome, especially as charities themselves have fewer paid employees.
Carmel businessman Dan Laikin finds himself in the awkward spot of denying wrongdoing at the same time the three men accused
of conspiring with him in a stock-manipulation scheme are admitting guilt.
While military contractors scramble to protect big projects from Defense Secretary Robert Gates’ budgetary ax, Indianapolis
engine-maker Rolls-Royce is sitting pretty.
