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Indiana airports to receive recovery funds-WEB ONLY
Another $4.4 million in economic recovery funds are going to four airports in Indiana, with about half of the amount going to repair a taxiway at Mount Comfort Airport, about 10 miles east of Indianapolis. U.S. Transportation Secretary Ray LaHood said the Federal Aviation Administration will provide $2.2 million to Mount Comfort. Another $1 million […]
Tax protesters rally at Statehouse, across nation-WEB ONLY
Thousands of protesters – many first-timers – gathered on the Indiana Statehouse lawn yesterday to make it known they were fed up with overspending by the government. The word “enough” was everywhere – on signs handed out by organizers, spelled out in red, foam letters behind a country music band, on the homemade signs held […]
Duke hopes public offering raises $479M-WEB ONLY
Duke Realty Corp. plans to sell 65.4 million common shares in a public offering in order to repay loans under its unsecured line of credit, the Indianapolis-based company announced yesterday afternoon. Duke today priced the offering at $7.65 per share, and said it hopes to raise $479.8 million in net proceeds. The company will reduce […]
Employers face higher taxes if fund goes unfixed-WEB ONLY
The federal unemployment tax rate paid by Indiana employers might rise 38 percent next year if the state has not repaid all of the hundreds of millions of dollars in loans it needs to keep paying jobless benefits, a top official said yesterday. Chief Financial Officer Scott Sanders of the Department of Workforce Development told […]
New ballet co. in town
IBJ reporter Kathleen McLaughlin chimes in with an update on efforts to launch a new Indianapolis ballet company:
The potential launch of a…
Tax protesters dump tea bags into Wabash River-WEB ONLY
A large box of tea bags was dumped from a Lafayette bridge into the Wabash River today as part of a series of tax-day protests being held across the country. Several hundred people cheered this afternoon as the tea bags were dumped in a symbolic recreation of the Boston Tea Party. Organizer Donn Brown told […]
Senate OKs funding plan for CIB-WEB ONLY
A Statehouse proposal that would allow Indianapolis officials to raise a handful of local taxes to save its cash-strapped stadium agency has cleared the Indiana Senate. The Senate voted 33-17 today for a proposal to fund the Indianapolis Capital Improvement Board, which expects to be $47 million short in its operation of the city’s professional […]
Arts Council CEO out. What’s next?
As the Arts Council of Indianapolis begins searching for a new CEO to replace outgoing Greg Charleston (See IBJ’s story here), the obvious question is: What are we looking for?
What should be the role of the Arts Council’s CEO…
Arts Council chief leaving amid funding woes-WEB ONLY
Arts Council of Indianapolis CEO Greg Charleston is leaving the organization after 15 years. His July 1 departure comes as the Arts Council faces drastically reduced funding from the city of Indianapolis, and possibly from the Indiana Arts Commission. “While it is difficult to leave such a great organization and wonderful city, this is a […]
Finalists announced for state tech awards-WEB ONLY
TechPoint today announced the finalists for its annual Mira Awards, which honor the state’s top-performing companies, schools and individuals in technology-related pursuits. Four panels of independent judges narrowed a record number of nominees down to 63 finalists in 11 categories for the technology-focused business-development group’s 10th annual honors. The winners will be announced May 16 […]
Fire guts Bargersville building-WEB ONLY
Bargersville firefighters spent more than an hour last night battling a fire that continued to smolder six hours later at the RMP Rubber Mulch storage building across the street from their fire station. The fire gutted the Johnson County building after engulfing 40,000 pounds of mulch.
Half of state’s schools fail progress report-WEB ONLY
Only half of Indiana’s public schools met federal rules for “adequate yearly progress” this year, down from 54 percent a year ago – when the standards for success were lower, the Indiana Department of Education announced today. About 83 percent of school corporations met the standard, which comes from the No Child Left Behind Act […]
Finalists named for state tech awards-WEB ONLY
TechPoint today announced the finalists for its annual Mira Awards, which honor the state’s top-performing companies, schools and individuals in technology-related pursuits. Four panels of independent judges narrowed a record number of nominees down to 63 finalists in 11 categories for the technology-focused business-development group’s 10th annual honors. The winners will be announced May 16 […]
Tea party protest to rally against high taxes-WEB ONLY
Protesters are planning a modern-day tea party on the steps of the Indiana Statehouse today from 4:30-6:30 p.m. Organizers of the event expect about 8,000 people to attend the event to voice opposition to irresponsible government spending. More than 700 similar events are scheduled around the country, including at least 10 in Indiana. Fox 59 […]
50 speakers highlight U.S.-China biz conference-WEB ONLY
More than 50 speakers are expected to participate in a three-day conference about U.S.-China business relations that kicked off today in Indianapolis and finishes Thursday and Friday in Bloomington. Huang Ping, consul general for the People’s Republic of China in Chicago, Indiana University President Michael McRobbie and Indianapolis Mayor Greg Ballard are among those scheduled […]
Car crashes into state trooper’s house-WEB ONLY
Two people are in custody after police say they slammed a car into an Indiana state trooper’s home last night about 10:30 in the 1700 block of Pleasant Run Parkway in Indianapolis. Investigators think the driver of the car had been drinking before the crash. He and a female passenger allegedly left the car and […]
Half of state’s schools fail progress report-WEB ONLY
Only half of Indiana’s public schools met federal rules for “adequate yearly progress” this year, down from 54 percent a year ago – when the standards for success were lower, the Indiana Department of Education announced today. About 83 percent of school corporations met the standard, which comes from the No Child Left Behind Act […]
Consumer prices dip unexpectedly in March-WEB ONLY
Consumer prices dipped unexpectedly in March, leaving prices over the past year falling at the fastest clip in more than a half-century. The recession is expected to keep a lid on inflation as widespread layoffs dampen wage pressures and weak demand keeps companies from raising prices. The Labor Department said Wednesday that consumer prices edged […]
Wind power picks up in Indiana-WEB ONLY
The first phase of a wind farm being developed in Indiana by Richmond-based Dominion Resources Inc. and BP Wind Energy is operational, the companies announced today The companies said the 222 turbines at the Fowler Ridge Wind Farm in Benton County can generate 440 megawatts of electricity, enough to power about 120,000 average homes. Dominion […]