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The Indianapolis Capital Improvement Board will meet at 2 p.m. today at the Indiana Convention Center to determine ways to address its $38 million budget deficit. Last Thursday, the board’s finance committee proposed a 13-percent decrease in area arts and cultural tourism grants. The board also is considering an increase to hospitality taxes.
Indianapolis-based Allison Transmission Inc. has completed the first production-quality transmission that could be used in a new amphibious fighting vehicle for the U.S. Marine Corps – a development that could mean substantial work for the local manufacturer. “We’re getting closer to gaining a very, very large contract,” Allison spokesman Eric Dickerson said. Allison was scheduled […]
The Franklin Township school board will meet tonight to decide the future of a bus driver facing drunken-driving charges. Philip Leslie is accused of driving two of his routes while intoxicated. Police arrested Leslie last week after he registered a blood-alcohol content nearly three times the legal limit.
The children of Leonard Bernstein have donated the contents of the famed composer’s Fairfield, Conn., studio to Indiana University’s Jacobs School of Music, the school announced today. Among the donations: a conducting stool from the Vienna Philharmonic that is said to have been used by Johannes Brahms, 39 Grammy-nomination plaques, Bernstein’s stand-up composing table, a […]
Emmis Communications Corp. says in a new regulatory filing that it hopes the job cuts and pay reductions announced last week will save it about $10 million a year. Emmis, which owns radio stations and publishes city magazines, eliminated 91 full-time employees and 14 part-timers. The cuts represented 7.5 percent of its work force. In […]
Despite the downturned economy, the long-view shows the motorsports sector is growing in Indiana. Studies compiled by the Indiana Motorsports Association and IUPUI indicate there’s been a 37 percent growth in the number…
Just four more years and Indiana will celebrate its 40th anniversary of peak economic performance, at least in modern times.
As Morton Marcus points out in a column in this week’s IBJ, Hoosiers earned 2.53 percent of average national…
U.S. House Republican leader John Boehner said yesterday he doesn’t support handing over more federal money to keep General Motors Corp. afloat unless the automaker develops a viable and long-term business model and can pay back government loans. “Anything short of that is just throwing good money after bad,” Boehner said on CBS’s “Face the […]
Gov. Mitch Daniels and Indiana House Speaker Patrick Bauer have more in common than they might think. Both are headstrong politicians who wield tremendous power. And both have a way with words, especially when they aren’t getting what they want. So it’s no surprise that the Republican governor and the Democratic speaker are once again […]
Merck & Co. plans to acquire Schering-Plough Corp. for $41.1 billion in a deal that gives the companies more firepower to compete in a drug industry facing slumping sales, tough generic competition and intense cost pressures. The two New Jersey pharmaceutical companies are rivals of Indianapolis-based Eli Lilly and Co. The latest proposed combination comes […]
My weekend included the “European Design Since 1985” show at the Indianapolis Museum of Art, “The Ladies Man” at the IRT, and “Mauritius” at the Phoenix. Plus, semi-related to the later, I finally saw the film version of David Mamet’s…
Lauth Properties alleges in a lawsuit that the state’s plan to rebuild 13 miles of U.S. 31 in Hamilton County to freeway standards
will cut off access to a property it owns in Westfield, killing plans for a Wal-Mart there.
When economists worry about the health of the banking system, it is primarily because we are concerned with a stable velocity
of money.
Instead of waiting around for the state to save your business, plan strategically to survive.
Tim Durham is facing allegations of self-dealing after a publicly traded company he helps run in Dallas acquired assets from
a finance company he owns in Ohio.
I went to church Sunday night. It wasn’t a religious experience â?? wasn’t supposed to be, anyway.
John Erlandson, 63, of Lebanon, holds the patent on a recycled-rubber pencil,
which Staples plans to start selling in June.
Six experts in green issues shared their outlook on businesses’ environmental responsibilities during IBJ’s Power Breakfast Feb. 13.
The stimulus bill has prompted Indiana businesses and not-for-profits that deal in medical records to look for partners to
help them meet the challenge of making those records electronic in five years.
The key legislative item at this point remains House Bill 1001, the budget bill.
