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WellPoint Inc.’s woes made for a gloomy day on Wall Street and could turn into year-long gloom for the whole industry. That’s what at least one Wall Street firm said after Indianapolis-based WellPoint sharply lowered its profit forecast late yesterday. Its share price fell 26 percent this morning, to $48.55. Goldman Sachs and Co. slashed […]
Indianapolis today is one step closer to stealing USA Basketball’s headquarters from Colorado Springs, where the national governing body for men’s and women’s basketball in the U.S. has been located since 1979. IBJ…
Indiana University this month began a television and radio advertising onslaught for its football team that seems to come at an odd time. After all, the spotlight is shining on March Madness, when…
Yesterday, I found myself deliberately not making a left turn on Vermont from New Jersey Street.
My reason: I just didn’t want to see the Julian Opie “Ann Dancing” electronic sculpture.
Now, I’m a big fan of public art. I believe it…
The health of the U.S. economy will worsen and its recovery will be slower than previously expected, according to 42 economists surveyed by Bloomberg News. “We’re now more pessimistic about the pace of recovery into 2009,” Richard Berner, co-head of global economics at Morgan Stanley in New York told Bloomberg. “We now see the Fed […]
Purdue University has hired a Washington, D.C., lobbying firm that specializes in aerospace, aviation and defense to recreate strong ties the school had in the past with NASA, reports the Journal & Courier of Lafayette. As former chief scientist at NASA, Purdue President France C?rdova has ties with the firm, The National Group. Cordova believes […]
The skyrocketing cost of asphalt is forcing some local officials to consider tearing out asphalt on rural roads and replace it with gravel, according to The Republic of Columbus. Local governments are struggling to fill potholes in asphalt roads, which is increasing chances for damage to cars. Conversions to gravel would occur if the condition […]
Imagine what Babylonia and other ancient cultures could have accomplished with a brick-making plant like the one scheduled to open Thursday in Terre Haute. Atlanta-based Boral Bricks Inc. is touting the $58 million facility as the most efficient in the United States, partly because the bricks will be fired by methane gas taken from a […]
After a 12-year run, upscale Italian restaurant Bertolini’s has closed its Circle Centre location. The restaurant, on the first floor of the mall next to P.F. Chang’s and Champps, was part of…
More of us Hoosiers are moving to unincorporated areas and other places beyond city and town limits.
In fact, the pace of growth for unincorporated areas was significantly faster between 2000 and 2006 than
for cities and towns, the Indiana…
BMW said today it will expand its plant in Spartanburg, S.C., to make the X3 and X5 sport-utility vehicles.
Another model destined for the plant is the X6 coupe.
The cost of imports has risen as the value of the…
Indiana’s population is migrating to rural areas, a new study shows. Unincorporated areas added nearly 148,000 residents between 2000 and 2006, a growth rate of 7 percent, said the study, which was conducted by the Indiana Business Research Center at Indiana University. Incorporated areas grew by 85,000 people, or 2.1 percent. The trend was strong […]
Bell Aquaculture near Muncie has begun operating a yellow perch farm that is projected to yield up to 100,000 pounds of fish per year. At full capacity, the facility in Albany could produce 9 million pounds annually and employ 70 people. The first fish, which take about 10 months to reach market size, should be […]
Shipping giant FedEx has snapped up 126,000 square feet of the former ATA maintenance hangar at Indianapolis International Airport. About 80,000 square feet of the leased space is hangar bays, and the rest is office, training rooms and other uses, said FedEx spokeswoman Paula Bosler. FedEx will use the ATA space to maintain all but […]
An ongoing expansion of AIT Laboratories will create 50 jobs this year in addition to the 60 created last year, the Indianapolis forensics lab said today. By the end of next year, total headcount will hit about 214, said the company, which has expanded its operation at 2265 Executive Drive near Indianapolis International Airport. The […]
Cheryl Morphew, executive director of Johnson County Development Corp., and Greenwood Mayor Charles Henderson are discussing starting an office park southeast of the city. The officials are learning from getting passed over for a 1,300-worker Medco Health Solutions Inc. pharmacy distribution center late last year, according to the Daily Journal of Franklin. The New Jersey […]
For me, the weekend included stops at the new gallery at the Stutz Building, a visit to the art spaces at the Murphy Art Center in Fountain Square, and finally exposing my two youngest kids to the movie “Hoosiers” —…
About 450,000 welding jobs will be available by 2014, according to the U.S. Bureau of Labor Statistics, and at least one Indiana company is already experiencing a shortfall of workers, reports The Journal Gazette of Fort Wayne. Welders at Warsaw Engineering and Fabricating Inc. are working overtime to keep up with production and officials there […]
Several local eateries are going through a growth spurt, adding locations despite central Indiana diners’ reputation for being
addicted to national chains. Ironically enough, the expansions could be the first step in transforming the local restaurants
into chains themselves.
