Hiring surge lowers U.S. jobless rate to 7-year low
U.S. hiring roared back in October after two weak months, with employers adding a robust 271,000 jobs. And average wages actually made a meaning increase.
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Riverview Health submits rendering for Westfield facility
The hospital has submitted a rendering to the city of Westfield that shows several multi-story buildings and a parking lot on the northeast corner of State Road 32 and U.S. 31.
Downtown bike lane causing confusion
The city of Indianapolis this week installed a bike lane on the west side of Pennsylvania Street, but apparently no one got the memo, judging from the number of cars parking in the lane.
Covering the uninsured brings only a small benefit for the insured
Hospitals have long argued that they pass on the cost of the uninsured to private insurance customers. But a new study shows that’s less than half-true.
Republic facing turbulence despite new labor pact with pilots
Amid the restructuring of flying contracts, Republic Airways executives clearly signaled that Chapter 11 (dubbed Plan B inside the company) remains an option if more lucrative deals with the Big Three airlines (Plan A) can’t be reached.
Adidas offers to help schools change ‘offensive’ names
The world’s second-largest sporting goods maker announced a nationwide initiative to provide financial assistance and design resources to any U.S. high school open to a change.
Bob of ‘Bob & Tom’ fame announces retirement
Bob Kevoian, part of the enormously popular "The Bob & Tom Show" on WFBQ-FM 94.7 since 1983, announced his retirement Thursday night.
Teradata to sell software unit formerly known as Aprimo
Dayton, Ohio-based Teradata bought Indianapolis-based Aprimo five years ago for $525 million, but has decided to go in a different direction with the business unit. It didn’t say whether it had a buyer lined up.
From humble start, developer expands to 30 hotels
Since arriving in Indianapolis in 1989—to buy a Days Inn on the city’s south side—Bharat Patel has grown his portfolio to nearly 30 properties stretching from California to New Jersey.
Retailers, restaurants struggle to find staff in north ‘burbs
Advertisements for traditionally low-wage jobs in hospitality and retail decorate major thoroughfares in the northern suburbs, offering management positions and higher pay as incentives.
Attendance dip isn’t deterring Indy Eleven from seeking new stadium
Indy Eleven General Manager Peter Wilt isn’t too worried about the team’s 6.3 percent attendance drop this year, because of gains in sponsorship, food and beverage sales, and soccer-camp revenue.
‘Collaborative economy’ startup links clients with marketers
Startups that tap the so-called gig economy, including ride-hailing powerhouse Uber Technologies Inc., have mostly targeted consumers. But a former Salesforce.com employee has launched one aimed at businesses—and she’s off to a solid start.
Angie’s List seeks to capitalize on ‘free users’
Monetizing free users is just part of the vision that new CEO Scott Durchslag, who took the helm of Angie’s List in September, is laying out to reinvigorate the struggling home-services company, which has seen revenue growth slow notably since last year.
Bank loan activity rising, but small-biz lending lagging
According to the Federal Deposit Insurance Corp., at the end of 2008 Indiana financial institutions had $4.6 billion in small-business loans on the books that originated for less than $1 million. That figure stood at $3.8 billion this past June, about 17 percent lower.
Mel Simon’s 2009 Pacers deal is wreaking legal havoc
Mel Simon sold his stake in the Indiana Pacers to his brother Herb in February 2009, seven months before Mel's death. Lots of legal questions are swirling around the deal six years later.
Let Carmel pay for road fix
I’m glad the federal government didn’t pay for the Keystone and 96th Street project.
Teaching is a tough gig
Who can pay off college loans on starting salaries of $35,000 with no assurance of ever getting a raise in base pay and little or no financial compensation for achieving advanced degrees?
HUDNUT: Words on leadership from a four-term mayor
I heard many times: “Bill, if you put that tax on, you will never be elected to anything again.” We had to stick to our guns, or give up. Part of leadership is knowing when to stand on principle and when to be flexible.
RUSTHOVEN: Hogsett knows fighting crime is job one
The mayor-elect recognized that “in victory comes enormous responsibility,” identifying the morning after his election the most important one.
MAURER: State must confront death with dignity
Humans get short end of the stick when it comes to deciding when it’s time to go.