KIM: Invest with managers who ‘eat their own cooking’
It’s logical that you want to invest with a manager who has a significant amount invested alongside you. Why? The manager’s financial interests are aligned with yours.
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Simon Property retools growth plan after setback with Macerich
The company missed out on a rare opportunity that would have brought dozens of high-end malls into the fold, but it still has solid growth opportunities without the $23.2 billion deal, analysts say.
BOHANON & STYRING: Market incentives undermine discrimination
Economic actors are constantly bringing supply and demand into balance, although they are rarely aware of this. However, responding to market incentives tends to undermine discrimination.
Shareholder coup of Steak n Shake parent firm fails
A Minnesota-based investment group that for months has been waging a campaign to oust Sardar Biglari from atop Steak n Shake’s parent company weathered a resounding defeat Thursday afternoon.
Senate panel advances budget, but Kenley warns cuts may be coming
Indiana Senate Republicans revealed a two-year, $31.5 billion budget Thursday that boosts funding for schools, universities and highways and leaves the state with nearly $1.9 billion in the bank.
Muncie firm to hire 300-plus for new HQ by 2024
A-Son’s Construction Inc. plans to consolidate its operations into an existing structure whose location is under wraps for now.
House panel backs bill to let education board decide leader
Indiana Superintendent of Public Instruction Glenda Ritz is one step closer to losing her position as leader of the State Board of Education.
Senate panel proposes phase-in of school-funding shifts
Indiana Senate budget leaders are proposing that changes to local school funding be phased in so that cuts faced by some urban and rural districts with shrinking enrollments will be easier to manage.
Indy 500 field filling fast, aero kit concerns surface
There could be some serious bump day action during Indianapolis 500 qualifications this year. That's a good sign the health of the race and the IndyCar Series is on the rise.
Downtown’s Punch Burger expanding to Carmel
The first franchise location for Punch Burger will be at 12525 Old Meridian St. in space that formerly housed When Eddie Met Salad. It’s expected to open in July.
Walgreen aims to close about 200 stores nationwide
The store closings amount to about 2 percent of the 8,232 Walgreens drugstores it runs in the United States, Puerto Rico and the U.S. Virgin Islands.
Ambrose seeks offers on downtown building for apartments
Ambrose Property Group wants to test the waters to see if the 130,000-square-foot segment of the 500 N. Meridian office complex might be better suited for the hot residential rental market.
Special review panel advances justice center plan
A special review committee, the Marion County Justice Complex Board, voted 4-1 Wednesday in favor of a 35-year, $1.6 billion deal with WMB Heartland Justice Partners, moving the issue closer to a vote by the full City-County Council.
School funding debate back on Indiana Legislature’s agenda
Education issues are coming back to the forefront of the Indiana Legislature as lawmakers are set to renew debates over funding for local school districts and who will head up the State Board of Education.
Central Indiana to get new 463 overlay area code in 2016
The Indiana Utility Regulatory Commission said Wednesday it had issued an order creating the new 463 area code that will overlay the existing 317 area code in the Indianapolis area.
Supporters say justice center plan shouldn’t be delayed
Several opponents, meanwhile, say the decision should be made by a referendum rather than a vote of the Indianapolis City-County Council, currently scheduled for April 20.
FBI, Anthem staff to visit Ball State after identity thefts
Staffers from the FBI and the Indiana attorney general's office will be among experts to visit Ball State University after at least 140 school employees' identities were stolen.
Brevini pays $375K to Delaware County for unmet jobs
An Italian wind turbine maker is expected to pay a central Indiana county $375,000 for failing to meet a goal of hiring 200 workers by the end of 2014.
State tax revenue falls short for 7th time in 9 months
The report from the State Budget Agency comes as the General Assembly faces a deadline in three weeks to finish work on a new two-year state spending plan.
Indians score four big sponsorship deals as season opens
The Indianapolis Indians don’t open their season until Thursday at Victory Field, but the Tribe's sales team is already hotter than a firecracker on the Fourth of July.