IRL signs four new sponsors
Down economy or not, the Indy Racing League sales staff is in overdrive. In the last week, IRL officials finalized four new sponsorship deals.
First, IRL officials Thursday night (March 26) inked a deal with…
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$3M upgrade planned for city’s MLK memorial-WEB ONLY
Indianapolis community leaders plan to mark the 41st anniversary of the Rev. Martin Luther King Jr.’s assassination by starting a $3 million fund-raising drive to expand the city’s memorial to the civil rights leader. Martin Luther King Jr. Park is the spot where Robert Kennedy delivered the news of King’s assassination to a large crowd […]
Wagoner, GM and CEOs
President Obama has pushed aside General Motors CEO Rick Wagoner to hasten a turnaround of the once-proud carmaker, a decision that would have been unthinkable had GM continued making cars consumers wanted to buy.
General Motors has long been criticized…
State lawmakers prepare for budget challenge-WEB ONLY
Lost of late in the turbulent, political waters of the Indiana General Assembly is a necessity lawmakers face – passing a new state budget during a deep recession with a Democrat-controlled House and Republican-ruled Senate. That task has been overshadowed recently by the partisan fight over trying to fix Indiana’s bankrupt unemployment insurance fund, one […]
BANKRUPTCIES
BANKRUPTCIES Dental Services Plus Inc., 5721 Progress Road, 46241. Chapter 7 liquidation. Assets: n/a; liabilities: n/a. The Gryphon & Dragonfl y LLC, 7 W. High St., Mooresville, 46158. Chapter 7 liquidation. Assets: $185,250; liabilities: $315,014. >
Jackpot awaits lawyers in price-fixing litigation
Attorneys for concrete purchasers who say they were victims of a price-fixing scheme have waged a tenacious legal battle over
the last four years, and .now
they’re ready to cash in.
April 17 revenue forecast to drive final days of General Assembly session
Most of the critical work of this state legislative session will occur after April 20, because only then will the General
Assembly have a revenue projection for the next biennium.
Franchise outlook is murky
Undaunted, some entrepreneurs still count on franchises, despite the shaky economy.
In spite of criticism, Lilly saves lives
My wife, Becky, is alive today because of Lilly and its trial drug Enzastaurin, a great surgeon, and a terrific team of local doctors.
Auto sellers want refuge from industry fallout, but trio of bills have fallen flat at Statehouse
Car dealers fearful of losing their flagship brands if auto manufacturers crash and burn aren’t getting much help from the
Indiana General Assembly.
Struggling tenants leave aging Merchants’ Square
The future of Carmel’s Merchants Square mall is uncertain because of the rise of competitors.
Benefits mergers on the increase
Benefits brokers and agents—facing increasing demands from employers and declining commissions—are merging at an
accelerating
pace.
State’s gambling jackpot may have reached its limit
Hoosiers’ long ride on the gambling gravy train finally may be coming to an end.
Conner Prairie Balloon ride will carry up to 20 people 350 feet high
Conner Prairie will begin its outdoor season April 2 not as a pioneer-era museum but as an “interactive history park.”
Clawback provisions won’t hurt biz attraction
House Bill 1338 introduces a change to many (but not all) of our state’s tax incentives, adding what is known as a “clawback” provision, offering a reasonable and fair adjustment to our current tax incentives.
Here’s how to unlock the secrets of PDFs
PDFs are still a mystery to many business folk, even those who routinely receive them and read them.
Indy Power drops electric-car focus for more lucrative control boxes
After a stint making parts for electric cars, Symphony Motors recently became Indy Power Systems, changing course to make power control boxes for a variety of vehicles and also industrial and military applications.
Indians buck recession, score more sponsor dollars
Despite the bad economy, the Indianapolis Indians’ franchise could make a record amount of money in 2009.
Rail bonding: Train trips aren’t just a thing of the past
Train travel is not only a thing of the past—it’s also a thing of the present.
Analysts lower outlooks for Allison, say transmission maker vulnerable to default
Local manufacturing stalwart Allison Transmission will have to restructure its more than $4 billion in debt or further cut
expenses if it’s going to weather the recession.