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Speed is critical to success of stimulus plan

All the serious talk in Washington for the next few weeks will center on an economic stimulus package. Up to now, the argument
has been for an extensive (perhaps a $1 trillion) program.

Sharing a vision for a better Indianapolis

Here are six recommendations to help Mayor Greg Ballard clarify his vision for Indianapolis as the city begins its second
year under his leadership.

FINANCIAL PROFILE

FINANCIAL PROFILE 2007 income: $1,249,313 2008 projected income: $1,237,527 2007 expenses: $1,058,893 2008 projected expenses: $1,194,549 2007 assets: $1,100,791 Fiscal year begins: Jan. 1 2007 income 2007 expenses Program Guild 6% Maintenance Direct Fund-raising fees Other 7% assistance advertising 7% 1% Professional 6% 5% Contributions fees Transportation 12% 12% 6% Interest Supplies 1% 9% Utilities […]

Craving for convenience fuels Ivy Tech’s online boom

Students are flocking to online classes at Ivy Tech Community College faster than the burgeoning college is racking up overall
growth—mirroring a national trend toward computers over classrooms.

Supreme Industries Inc.

Supreme Industries Inc. Supreme Industries Inc., 2581 E. Kercher Road, Goshen, 46528 (www.supremeind.com) manufactures specialized truck bodies produced to customer specification. It also manufactures the Star-Trans line of special purpose shuttle buses. For the quarter ended Sept. 27, the company reported a net loss of $630,051, or 4 cents per diluted share, on $61.1 million […]

Conseco to enter talks with Florida regulators-WEB ONLY

Conseco Inc. and the Florida Office of Insurance Regulation have agreed to enter discussions after the regulator threatened to revoke Conseco’s license in that state due to problems with its life insurance policies there. Officials at Carmel-based Conseco say they brought the problem to the attention of officials after they discovered a long-running error that […]

Scholar’s Inn Bakehouse closes

Scholar’s Inn Bakehouse has closed its cafe at the corner of College and Broad Ripple avenues. The locally based chain still is operating…

Manufacturer to triple local work force-WEB ONLY

Chain system manufacturer Iwis Drive Systems LLC today said it will expand and relocate its Indianapolis operation, adding 40 employees to its roster of 18. A subsidiary of the Germany-based Iwis Group, the company plans to invest more than $1.5 million to upgrade equipment and move from its current facility near the Indianapolis airport to […]

Scholar’s Inn Bakehouse calls it quits-WEB ONLY

Scholar’s Inn Bakehouse has closed its cafe at the corner of College and Broad Ripple avenues. The locally based chain still is operating the Scholar’s Inn Restaurant & Lounge along Mass Ave downtown, along with two bakehouse locations, a bed-and-breakfast and a restaurant in Bloomington. For more or to weigh in, go to IBJ’s Property […]

City tax abatement activity strong last year-WEB ONLY

Property tax abatements granted by the city of Indianapolis last year should help create more jobs than in each of the previous three years. Numbers released by the city for 2008 show companies receiving abatements committed to 2,423 new jobs. Among the projects: – AIT Laboratories plans to create more than 130 jobs in the […]

Seeing Red (Skelton) in new bio

In a previous blog, I mentioned reading “Red Skelton: The Mask Behind the Mask” (Indiana Historical Society Press) by Wes. D Gehring. I was asked for some additional thought. Well, here goes:

In the book, Gehring, a Ball State film professor…

Davis’ departure could cost millions

Five weeks ago, Ball State quarterback Nate Davis’ stock was rising faster than Mel Kiper Jr.’s hairdo. Two games (both ugly losses), and heaven knows how many QB fumbles later (actually, it was…

Indiana’s venture capital flow slows-WEB ONLY

The flow of life sciences venture capital tailed off in Indiana last year compared with 2007, but the state still attracted twice as many dollars as in 2006. Hoosier life sciences firms pulled in a combined $75.4 million in venture capital last year, according to data compiled by BioEnterprise, a Cleveland-based life sciences development group, […]

Emmis losses widen in third quarter-WEB ONLY

Emmis Communications Corp. announced growing losses this morning in its fiscal third-quarter financial statements. The Indianapolis media company said it lost $125.6 million in the period ended Nov. 30, compared to a loss of only $2.1 million in the same quarter a year ago. Emmis cited a non-cash impairment charge of $3.51 per share for the […]

Rickey public art arriving downtown in May-WEB ONLY

Ten of Indiana native George Rickey’s towering kinetic sculptures are coming to downtown Indianapolis in May. The downtown exhibit will overlap this summer with a career survey of the influential artist’s work, hosted by the Indianapolis Art Center in Broad Ripple. Then pieces from both shows will travel to South Bend, where Rickey was born […]

Author Solutions buys self-publisher Xlibris-WEB ONLY

Bloomington-based Author Solutions Inc. has purchased another provider of self-publishing services, more than doubling the Indiana firm’s employee base to 900. The acquisition of Philadelphia-based Xlibris, announced today, reflects further consolidation in the growing industry. In September 2007, Author Solutions bought Nebraska rival iUniverse. Terms of the deal were not disclosed. Xlibris employs 500 people […]

Opportunity for Lafayette Square?

Could losing three of four anchors in a year’s time actually have a bright side for Lafayette Square Mall? Broker Clint Fultz thinks it might.

Gordon enlists local track designer

Locally based race track designer Paxton Waters’ engine is burning white hot despite the freezing temperatures outside. While the race season is dormant, Waters’ business is pedal to the metal. “It doesn’t matter…