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Lawmakers: Jobless fund could take 10 years to fix-WEB ONLY

Imagine racking up nearly $3 million in debt every day. That’s more than $100,000 an hour, or about $2,000 a minute. Indiana is diving deeper into debt as it struggles to pay jobless benefits from its bankrupt unemployment insurance fund, which is paying out hundreds of millions more than it collects in taxes from employers. […]

Making way for 31-WEB ONLY

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. The case filed in Hamilton Superior Court could be the first of many legal challenges […]

Medical records bonanza?-WEB ONLY

Grab a partner and dance. Fast. The stimulus bill passed last month essentially sets a five-year time line for doctors to start using electronic medical records and for states to figure out how to exchange those records from doctor to doctor. That has prompted Indiana businesses and not-for-profits that deal in medical records to look […]

EYE ON THE PIE: Feelings may contradict economic facts-WEB ONLY

In this space last week, I wrote that the Great Depression ended in 1937. Several readers reminded me that for those who lived through it, the Great Depression did not feel over until much later. For some, hardship and denial did not end until well after World War II. Others failed to see significant improvement […]

Medical records bonanza?-WEB ONLY

Grab a partner and dance. Fast. The stimulus bill passed last month essentially sets a five-year time line for doctors to start using electronic medical records and for states to figure out how to exchange those records from doctor to doctor. That has prompted Indiana businesses and not-for-profits that deal in medical records to look […]

Y&L starts digital unit first rollout in decade-WEB ONLY

Young & Laramore, the city’s largest advertising agency, has launched a division focusing on digital and design work. It’s the first new division for the firm since it launched EchoPoint Media, its media buying arm, more than 10 years ago. Y&L is picking a precarious time to expand. North American advertising spending overall is expected […]

Greening the Toby-WEB ONLY

The 600-seat Randall L. and Marianne W. Tobias Theater (nicknamed The Toby) sits at the nexus of two cultural frontiers. On the arts front, it offers a home to cutting-edge entertainers, speakers and films. On the environmental front, the newly remodeled performance space is arguably the greenest facility of its kind in the nation. It […]

30-somethings aim for $1M-WEB ONLY

If angel investors have any hair left, it’s usually gray from a lifetime spent in entrepreneurship. That’s what makes Gravity Ventures LLC unusual. The 15 professionals who recently formed the $1 million fund are all in their 30s. “The folks in our group are still in the ‘doing’ part of their careers, so that brings […]

End of builder means lots of trouble-WEB ONLY

The closure of home builder C.P. Morgan Communities already is a nightmare for its employees and many of its customers. But its impact on the market for new-home sites could be devastating and linger for years. The end of C.P. Morgan, the largest central Indiana builder for a decade, will throw 1,200 home lots and […]

Inventor gets the wood out-WEB ONLY

John Erlandson’s first idea for the reuse of scrap tires was to replace expensive cement grave-liners with a rubber casket vault. The notion popped into his head while he was selling grave markers, one of the many odd jobs he’s held while pursuing his dream of creating a tire-based product with mass appeal. Erlandson abandoned […]

SPORTS: Meet the guy who can call a foul on the referee-WEB ONLY

John Adams was speaking by cell phone from northern Indiana somewhere along U.S. 31 en route to witness a University of Notre Dame/ Villanova University contest in South Bend that will be his 55th game of the season. It’s a number that will reach 75 by the time the nets are cut down and One […]

A&E: ‘Stomp’ bangs; Stolen sings-WEB ONLY

It’s funny how something new can feel old, and something old can feel new. Let’s start with the former. You no doubt have heard of “Stomp,” the bang-on-just-about-anything show that returned to town for a Clowes Hall stint from March 3-8. Your first exposure may have happened on Sesame Street, on Coke or Target commercials, […]

Struggling contractors hope for sale of factory-WEB ONLY

Contractors struggling under the weight of an unfinished factory in Tipton are hoping for a quick sale to recover at least some of the $44 million they say they’re owed by Getrag Transmission Manufacturing. The unit of Germany-based Getrag Group filed for bankruptcy protection in Detroit in November after its partnership with Chrysler LLC collapsed. […]

Going Green Power Breakfast Transcript-WEB ONLY

Businesses have seized on environmental responsibility as a marketing mantra. But many have made their products, processes and facilities greener. Some are motivated by philosophical reasons, and others by rising energy bills and out of anticipation of federal regulations on carbon dioxide. Six experts in green issues shared their outlook during IBJ‘s Power Breakfast Feb. […]

EDITORIAL: Pension merger raises questions-WEB ONLY

We’re generally supportive of a plan to merge the state’s two largest public pensions in an effort to save money, but it’s hard to know exactly what to think considering the lack of detailed information available about the performance of the funds. The need to save money is apparent. The $11.2 billion Indiana Public Employees’ […]

NOTIONS: In times of trouble, encountering a chance to let it be-WEB ONLY

I went to church Sunday night. It wasn’t a religious experience-wasn’t supposed to be, anyway. It was a concert by my friend Steven Stolen. When I walked into Trinity Episcopal, many pews were filled. But there was an open seat next to my friend Tamara and her husband, and she beckoned me to join them. […]