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Stock markets fell, jobs disappeared, and the outlook for the economy seemed to grow grimmer by the week in 2008. Banks, real estate developers, retailers and manufacturers took some of the worst hits, but all types of businesses in central
Indiana felt the pain.
These businesses have been approved from loans from financial institutions with a guarantee
from the U.S. Small Business Administration.
Fitness-minded partners collaborate to open a Broad Ripple nutritional supplement store.
Though few knew what to think when Don Welsh announced in June he was leaving Seattle to become Indianapolis Convention &
Visitors Association CEO, he’s shown he didn’t come here to simply wind down his career.
FINANCIAL PROFILE 2007 income: $16,342,584 2008 projected income: $8,305,868 2007 expenses: $8,664,646 2008 projected expenses: $8,276,059 2007 assets: $188,174,897 Fiscal year begins: Jan. 1 2007 income 2007 expenses Membership dues 2% Sales, events, other Administration 5% 11% Other 15% Library/ Investment Marketing archive Contributions income 23% 26% 53% 40% Public programs 25%
Your Dec. 8 editorial, "State flunking affordability test," quotes liberally from the National Center for Public
Policy and
Higher Education’s recent report, which concludes that 49 of 50 states—including Indiana—deserve an "F"
for their
affordability
efforts. Unfortunately, this grade is based on an analysis that dramatically overstates college costs in Indiana—or at
least
those costs incurred by Hoosiers attending Indiana University.
Any hopes that hometown airline ATA would make a comeback and eventually resume scheduled service from Indianapolis were dashed
April 2, when it filed for bankruptcy and ceased operations.
The woman chosen as CEO of the city’s Super Bowl host committee isn’t exactly a household name, but those who hired her think
she’ll make Indianapolis the best host city ever.
NOTEWORTHY CONTROL Arthur J. Decio Number of common shares: 1,477,784 Percentage of common shares: 17.6 Third Avenue Management LLC Number of common shares: 1,102,720 Percentage of common shares: 13.1 Met Investors Advisory LLC Number of common shares: 1,072,241 Percentage of common shares: 12.8 GAMCO Investors Inc. Number of common shares: 863,150 Percentage of common shares: […]
Georgetown Market has stayed in the health food game since 1973, in part because of owner Rick Montieth’s ability to see down
the road.
Beth Metzger has talked about opening a salon and day spa with her daughter, Jill Dennis, for years.
Critics were lined up to oppose Gov. Mitch Daniels’ plan to streamline
local government almost before he left the podium Dec. 19. Big surprise.
Eli Lilly and Co. CEO John Lechleiter played a game of pharmaceutical poker with former Lilly Chief Financial Officer Jim
Cornelius—and won.
IUPUI basketball coach Ron Hunter is my first—and highly unofficial—Indiana Sportsperson of the Year.
A federal bailout for automakers Chrysler and General Motors won’t fix their problems. I think a bankruptcy of these companies is nearly inevitable.
It might also spell the demise of the UAW.
A state fund supporting an 18-cent-a-gallon tax credit for gas stations selling E85 ethanol was exhausted in the first three
months of the state’s new fiscal year.
These days, when an Indiana National Guard member or military reservist is called to active duty, that "weekend warrior" may
be gone for a good deal longer than a weekend.
Here are some other top stories from 2008 Battered Emmis cuts costs In 2008, locally based Emmis Communications Corp. weathered what may have been the most challenging times in the history of radio. Even as the company’s stock slipped below 40 cents per share, Emmis CEO Jeff Smulyan remained undaunted. Company officials feverishly slashed costs […]
The Rev. Terminus Tufflov was preaching, although he and I were the only people in the sanctuary.
"These are hard times, my friend," he said. "The forces of darkness have gathered and are threatening my flock. These economic
woes are tests sent from on high to challenge our faith. We must prevail and we will prevail."
