KIM: Buffett says ‘short-termism’ harmful to economy and investors
A shrinking-but-still-significant population of public companies provides quarterly “guidance” to analysts, which is essentially management’s own estimate of future earnings.
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Covanta opens new facility in Indy to dispose of commercial, industrial waste
The new processing facility is designed to help local automotive, pharmaceutical and chemical manufacturers, among other businesses, reach or maintain zero-waste-to-landfill status.
Minority-owned firms chase contracts to build criminal justice center
If the city of Indianapolis meets its goals, at least $154 million in contracts for the $571 million project will go to minority-owned firms.
Younger workers want more varied educational pathways, study finds
Educational background tops age, gender, disability, ethnicity, social status, sexual identity or orientation and religion as an area of diversity young workers say businesses should work on most, according to the survey of more than 12,000 millennials and Gen Z-ers from 36 countries.
ANDREW APPEL: It’s time to make diversity a true business priority
A broad definition of diversity is most valuable when it includes inherent diversity, such as gender, ethnicity and sexual orientation; and acquired diversity, which are traits gained from experiences, such as living and working internationally or interacting with a marginalized group.
Historic building on East Washington Street primed for tech makeover
The vacant three-story structure dating back to the 1880s has a new owner, which plans to convert it to co-working space for technology companies.
Facing state scrutiny, Indiana charter school steps back from virtual plan
An Indiana charter school is backing off its unconventional plan to open a statewide virtual school with a farm campus following scrutiny from state officials over its oversight model.
House speaker ‘disturbed’ DCS failed to act on past reports
Indiana House Speaker Brian Bosma said Monday that he was "disturbed" after finding out that the state's child welfare agency failed to take action after five different reviews conducted in recent years found problems at the agency.
Indiana attorney general investigated over groping claims
Indiana Attorney General Curtis Hill was investigated this year after four women, including a lawmaker, claimed he touched them inappropriately at a bar.
Area’s largest home builder acquired by Berkshire Hathaway division
Since its founding in 1994, Arbor Homes LLC and its affiliates have constructed more than 13,000 homes in the Indianapolis area.
Art Institute of Indianapolis halts new enrollment
Parent organization Dream Center Education Holdings said it has been “undergoing an ongoing process of evaluating the viability of certain campus-based programs.”
Public Greens plans to open downtown restaurant late this year
The restaurant in the Cummins building will boost Patachou’s roster of central Indiana restaurants to 14.
U.S. factories register another month of faster-than-expected growth
U.S. factories are on a 22-month winning streak, according to the Institute for Supply Management’s manufacturing index.
Indianapolis to host 2019 Young Democrats of America National Convention
A bid to host the convention by the Indiana Young Democrats topped efforts by groups from Pittsburgh, Minneapolis and Chicago.
Mexico’s victor reaches out to Trump, seeks NAFTA deal
The morning after his crushing election victory, Mexico President-elect Andres Manuel Lopez Obrador said he supports reaching a deal on renegotiating the North American Free Trade Agreement with the United States and Canada.
Healthy cash flow curbs businesses’ appetite for financing
A survey released Monday shows that only 30 percent of companies tried to raise outside financing during the previous three months.
Tamika Catchings appointed to expanded airport authority board
The appointment increases the overall number of members on IAA board from 10 to 11, a change that was mandated by state lawmakers this year.
Art Institute’s problems elsewhere raise concerns about Indy campus
Indiana higher education officials are aware that the owner of The Art Institute of Indianapolis “may close Art Institute campuses in multiple states.” They are monitoring the situation.
IPS cancels contracts for 26 educators, 46 other staffers
The revelation that about 1 percent of the district’s teaching force will have its contracts canceled comes after weeks of uncertainty over how many teachers might lose their jobs.
Chamber eyes closures, cuts to help IPS manage budget issues
The Indy Chamber said it has “identified dozens of recommendations that add up to hundreds of millions of dollars in potential savings” for Indianapolis Public Schools.