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Shipments of recreational vehicles are on track this year to fall for the first time since 2001, when the last recession ended, and the downturn is prompting experts to wonder if another recession could be on the way, according to Bloomberg. Recessions in the early 1980s, early 1990s and 2001 each were preceded by two […]
The Defense Finance and Accounting Service in Lawrence is expected to gain some of the more than 600 jobs scheduled to be eliminated from a similar base in Kansas City, Mo., when it closes in August 2008, according to the Kansas City Star. The Kansas City base, which provides accounting for all military branches, is […]
Cspine Inc., a startup orthopedic and dental device maker based in Plymouth, plans to launch research and development and prototype manufacturing operations in the northern Indiana town, the Indiana Economic Development Corp. said today. The move is expected to create as many as 49 jobs over the next five years. Cspine will spend about $3 […]
A second railroad has said it isn’t interested in building an intermodal facility in LaPorte County in northwestern Indiana. The Canadian National Railway expressed its lack of interest this week, according to the Post-Tribune of Merrillville. Last week, CSX Corp. announced it would build an intermodal site in northwestern Ohio and would not pursue one […]
Federal prosecutors have issued a subpoena to Genesco Inc., a move that suggests they’ve launched an investigation into allegations that the Tennessee company hid financial problems before agreeing in June to be acquired by The Finish Line Inc. for $1.5 billion. Genesco revealed late Monday afternoon that it had received the subpoena from the U.S. […]
The Hoosier Lottery has rejected all bids for the creative part of its advertising account. Most of the
bidders were local, and the agencies involved are miffed that they were passed over.
In this weekendâ??s IBJ, reporter Anthony Schoettle…
A Boston-area developer has sued the University of Notre Dame and several other universities and foundations, claiming they violated a Massachusetts law that forbids charging interest rates greater than 20 percent. Notre Dame – along with Harvard, Yale and Princeton universities, among others – invested in Realty Financial Partners, an entity that made $16.7 million […]
The host of Property Lines, Cory Schouten, is on vacation this week. Meanwhile, the blog will feature discussion questions about Indianapolis real estate. Today’s topic is the area surrounding Lucas Oil…
An individual who does not yet want to be identified has reached an agreement to buy the Carmel mansion that once belonged to Conseco Inc. co-founder Steve Hilbert. This morning Judy Koehler, managing broker for Carpenter Realtors’ Fishers office, confirmed to IBJ that Carpenter Sales Associate Linda Genrich is representing the buyer in the transaction. […]
Starting Jan. 2, the morning newscast on WXIN-TV Channel 59 will be simulcast on its sister station, WTTV-TV Channel 4. While other central Indiana affiliates offer a blended local and national morning newscast, WXIN is the only station to offer an all-local weekday news show. The local “Fox 59 Morning News” airs from 6 a.m. […]
Carmel tech entrepreneur Scott Jones is finding himself in the middle of a political debate he didnâ??t ask
for and doesnâ??t want.
The spokeswoman for the Indiana Democratic Party is questioning whether Jones needed the $4 million in grants
that two…
Global warming will make winters in northwest Indiana feel like those in southern Ohio by 2030, with implications for business, a University of Illinois professor says. Quoted in the Times of Munster, Don Wuebbles said soybeans and wheat could be helped by the longer growing season, but that extremes in rain and drought could hurt […]
The effort to put high-speed trains into service in Indiana and eight other Midwestern states sometimes seems as fanciful as the first manned flight to Mars. There have been years of talk and countless meetings. And it will be many more years before a vehicle is fueled-and-ready, if ever. In the 13 years since the Indiana High Speed Rail Association was formed in Highland, the closest thing to high-speed rail Hoosiers have seen is an occasional speedy European locomotive brought…
Remember when securing an enterprise meant investing in an alarm system to protect your inventory and a fireproof cabinet to keep your documents safe? In today’s expanding cyber world, threats to security extend far beyond walls and paper trails. With facilities, employees and customers all over the world, companies offer unprecedented access-but behind that convenience lurks vulnerability. Unless, of course, the corporation has truly managed to secure the confidential information stored online and throughout file-sharing networks. Unfortunately a lot of…
Thanksgiving is my favorite holiday. Maybe it is because no one wants me to help cook, or perhaps it’s due to the stream of college football. Mostly I think I like it because it is such an unhurried, fun, shared day. This year, many of us gathered for Thanksgiving at family homes and we gave thanks for the many gifts life brings us in this nation. What many of us didn’t conscientiously dwell on is how important the simple act…
The sprawling Stutz Business Center downtown already is a haven of sorts for the 72 artists who have studios there. Beginning in January, it also will have a space they can use to teach, mingle and show their work. It’s the brainchild of Stutz Artists Association President Jerry Points, who envisioned a first-floor gathering place for the diverse group of painters, sculptors, photographers and others who toil within the labyrinthine building. “Most [artists] will go to their studio, close the…
On Veterans Day this year, retired U.S. Air Force Tech Sgt. Robert Flores didn’t attend parades or reminisce with friends. Instead, he worked from open to close at his Little Caesars Pizza store at 11530 Westfield Blvd. “I’ve been here every day since we opened,” Flores said, who debuted the Carmel shop Oct. 31 after receiving assistance from a Little Caesars program created to help veterans become franchise owners. As part of the program, Flores, 45, received a discount of…
It’s strange, but we don’t know who will be the mayors of our Indiana cities for the next four years. Ah, yes, you and I read results in the newspapers and saw jubilant winners on TV congratulated by humbled losers. But how do we know for sure until the state tells us? I didn’t find the latest results on the secretary of state’s Web site. It does have the May 7 primary election results, which provide fascinating information for those…
Business networking Web sites are all the rage, but there’s a learning curve to using them effectively What’s the best way to introduce a colleague to a potentially valuable business contact? Where should you place a name tag for the most optimal viewing by others? Which one is the salad fork? Such burning questions have plagued many a professional seeking to stand out in the business world. And while reaching for the incorrect utensil at an important dinner with clients…
Regular readers know I’m rabid about numbers. It dates back to my childhood, actually. Although I was math-phobic, I was numerically minded, if that makes any sense. I’m still enchanted with business numbers. I’m convinced that Lean and Six Sigma are sweeping across American organizations for a good reason. And I say unto you that if you’re not quantifying what’s going on in your Web site, you’re losing what could be your most valuable business data. Today’s Web analytics are…
