SKARBECK: Firms that buy back shares are often using cash wisely
Savvy long-term investors understand that, when a company repurchases its stock at prices below intrinsic value, their ownership of the business increases.
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BOHANON & STYRING: Upshots of Europe’s surreal negative rates
“Negative real interest rates are impossible.” That’s econ-speak for the simple idea that you have to be nuts to pay someone to borrow money from you. Styring would have to be smoking a controlled substance to lend Bohanon $100 on his promise to pay back $99.75 a year from now. He’s better off just stashing […]
IBJ Life Sciences Power Breakfast transcript
Indianapolis Business Journal gathered leaders in the state’s technology industry for a Power Breakfast panel discussion April 24. Among the topics the panel discussed were startup capital, attracting life sciences professionals and digital trends to watch.
Hipsters in office towers? Building owners scramble to lure them
Paltry occupancy rates in downtown Indianapolis office towers have owners remodeling lobbies among other changes to remake their staid images.
SINK: Let us have our say on digital billboards
Does Indianapolis want the ban on digital billboards to be lifted? It’s hard to tell, since the public has been kept in the dark as billboard companies have been working behind the scenes to win support from city-county councilors for years.
KENNEDY: Monied megaphones drown debate
In the wake of a precipitous decline in his approval ratings, and the subsequent resignation of his communications director, Gov. Pence has reportedly asked the person who served that function on his congressional staff to leave his position with Koch Industries and come to Indiana to help him recover.
How big star’s jump to rival upped pressure at Emmis
The departure of Kurt "Big Boy" Alexander from Emmis Communications' powerhouse Los Angeles radio station came at what was already a challenging time for the Indianapolis company.
Democrat Gregg to run for governor again in 2016
Former Indiana House Speaker John Gregg said Thursday he will run for governor again because he thinks Gov. Mike Pence’s focus on social issues has given the state “a bad name.”
Sarah Fisher planning karting facility in Speedway
The 60,000-square-foot Speedway Indoor Karting center is scheduled to open in April 2016, one month before the 100th running of the Indianapolis 500.
Former Colt Saturday wins ‘jock tax’ case against Cleveland
Two former National Football League players who challenged Cleveland’s tax on their income won refunds after the Ohio Supreme Court ruled the way the city calculated their taxes was improper.
Ex-Colt Saturday wins ‘jock tax’ case
Jeff Saturday was one of two NFL players who won refunds Thursday from the Ohio Supreme Court after challenging the way in which Cleveland taxes football income.
New workforce thrust aims to boost Indy tech expertise
Businesses and other employers can anticipate more technologically literate college graduates—and see their existing employees raise their tech game—if a new program pans out.
Proposed balanced budget amendment passes first test
The resolution must be approved by the state legislature again in either 2017 or 2018 before being able to go to the ballot for ratification.
Ritz says campaign for governor a possibility
Indiana Superintendent of Public Instruction Glenda Ritz said in a press conference Thursday that she has not ruled out running for governor during the next election.
Salesforce seen as attractive, if pricey, target for cloud push
Salesforce.com Inc., the software provider that has hired bankers to field takeover offers, would make sense as a partner for a buyer willing to spend a lot to become the leader in cloud computing.
Late budget bill addition restores Hoosier State Line funding
The Indiana Department of Transportation’s effort to continue and improve the Hoosier State Rail Line has been rescued by a tax-amnesty program passed by state lawmakers.
Not-for-profit leader faces child pornography charges
Russell Taylor, 43, is the executive director of the Jared Foundation, a group that aims to raise awareness and funds to support childhood obesity programs. The foundation was started by Jared Fogle, the longtime promoter of Subway restaurants.
Prime College Avenue parcel up for bid
AT&T is seeking to unload the property south of Kessler Avenue in a bid process that is expected to attract plenty of interest from developers.
Legislature passes $31B budget just before midnight deadline
Indiana lawmakers adjourned for the year late Wednesday after passing a two-year, $31.3 billion budget that boosts funding for schools and leaves the state with slightly less money in reserves.
CNO Financial reports profitable first quarter
CNO Financial Group Inc. saw a decline in revenue, but rebounded from a year-ago loss in the first quarter.