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There’s an old saying to the effect that a politician’s idea of “long term” is the next election. Our system rewards folks who can front-load the goodies and postpone the pain, even when doing so is clearly not in the long-term public interest. Budget deficits are an obvious case in point.
A top BrightPoint Inc. executive expects little employment change for the distribution and logistics company’s 1,100-person central Indiana work force, despite the potential for job cuts and facility closings across the country.
The company that hosts outsourced computer operations is dramatically boosting its investment in its local operation.
The Indiana Economic Development Corp. said 220 businesses have expanded or started here, and the number could grow before the end of the year.
The rookie quarterback’s jersey is No. 6 in sales among all NFL players, according to the league.
Three of Indianapolis’ four local TV news providers—WTHR-TV Channel 13, WISH-TV Channel 8 and WRTV-TV Channel 6—are looking for news directors.
Are Simon investors overlooking the potential fallout from trouble at two of the mall giant’s biggest tenants, Sears and JCPenney?
The Social of Greenwood develops and provides programs, activities and services to enhance the quality of life of older adults in the community.
The Hewlett-Packard saga portrays the huge importance the capital-allocation function plays in deciding ultimate shareholder wealth.
The popular media lately has been full of astonishing piffle with regard to taxation—so much so that a reasonably smart listener might suppose there was some magnificent disagreement among economists, like there is among lawyers in a court case. That is not the case.
A new survey shows 83 percent of companies polled plan to host holiday parties this year, up from 68 percent a year ago.
Two lawmakers say they plan to introduce legislation in the new year that would require Amazon.com and other online-only retailers with a presence in Indiana to begin collecting sales tax on July 1, 2013, six months earlier than expected.
IBJ provided ongoing updates from the courthouse where Ponzi schemer Tim Durham and two accomplices were sentenced Friday afternoon.
Indiana Gov.-elect Mike Pence has tapped Jeff Espich, a retired lawmaker with four decades of legislative experience, to guide his agenda through the Statehouse.
Organizers of the Big Ten Conference football championship game are facing third-and-long in their quest to fill Lucas Oil Stadium for Saturday night’s matchup. A glut of tickets remains available on the secondary market.
The drought of 2012 could have a profound impact on Indiana's Christmas tree production, but not this year, according to tree farmers. Tom Dull, who has owned Dull's Tree Farm in Thorntown for 28 years, said the drought caused serious losses of tree crops planted this spring and in spring 2011. But those trees weren’t expected to hit the market for seven or eight years. Mature trees handle drought better, so this year’s crop, and prices, shouldn’t be affected, he said.
Hoosier Lottery officials say Indiana retailers sold two tickets that just missed winning a share of the giant Powerball jackpot. Those tickets, sold in Vincennes and Highland, matched the first five numbers in Wednesday night’s drawing, but not the Powerball number, and are worth $1 million each. The two winning tickets for the estimated $580 million jackpot were sold in Arizona and Missouri. More than 206,000 “winning” tickets sold by Indiana retailers won a total of $3.1 million.
Major retailers such as Kohl's, Target and Macy's on Thursday reported slow sales in November as a strong start to the holiday shopping season wasn't enough to fully offset a slow start to the month caused by Superstorm Sandy.
