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Businesses, educators teaming up for education: Two sides join forces with Common Goal initiative, which aims to reduce Marion County’s dropout rate

Business and education leaders are hanging up their boxing gloves in favor of working together to stem the local high school dropout rate. “We’ve typically been at odds with the education community,” said Roland Dorson, president of the Greater Indianapolis Chamber of Commerce. Long-standing finger pointing has had businesses issuing mandates that schools educate their students better and educators claiming they don’t receive the help they need from businesses, Dorson said. “We get beat up by business and professional groups…

EYE ON THE PIE: Are unions really that important?

Uncle Uriah Marcus visited us on Thanksgiving. It took over a week to recover. He blames “the @#%$# unions” for most of our state’s woes. Uncle Uriah asserts “them big unions scares businesses away from Indiannie.” A sample of his views: High property taxes: It’s the teachers’ union’s fault because teachers keep pushing up their earnings and reducing their responsibility. Congestion in cities: Bus workers’ unions keep fares too high for anyone to ride the bus. The battle between the…

UPDATE: Donors still behind city’s bowl bid

Indianapolis will make another attempt to lure the Super Bowl to the city, Indianapolis Convention & Visitors Association President Bob Bedell said today. In May, NFL owners voted to play the 2011 Super Bowl at the Dallas Cowboys’ 100,000-seat stadium under construction in Arlington, Texas. The North Texas bid beat out proposals from Indianapolis and […]

Marc Promotions acquired by Evigna

The Indianapolis-based promotional products arm of Marc USA has been acquired for an undisclosed price by Evigna, a similar company headquartered in the Detroit suburb of Madison Heights. Evigna is owned by CITG Promotions LLC. Marc USA is based in Pittsburgh. Marc Promotions, which has an office near Eagle Creek Park and another in Columbus, […]

Revving for another Super Bowl bid

After weeks of talking, Mayor-elect Greg Ballard and the Indiana Convention & Visitors Association have
decided to shoot to host the 2012 Super Bowl.

It wasnâ??t so long ago â?? in May â?? that the NFL owners voted 17-15 to give…

BREAKING: City makes Super Bowl bid official

Indianapolis will be making another go of it – bidding to lure the Super Bowl to the city, according to Indianapolis Convention & Visitors Association President Bob Bedell. The ICVA and Mayor-elect Greg Ballard’s transition team talked about bidding for the 2012 Super Bowl for weeks and have decided to move ahead on the plans, […]

Stopping the tax buck

We Hoosiers are getting value from the libraries, schools and other public services we fund with our taxes,
but not enough valueâ??at least according to Mike Hicks, who moved from Ohio this year to take over the Bureau
of Business…

The Art of the Blog

Welcome to the IBJ A&E corner of the blogosophere—a salon of sorts where arts and entertainment issues large and small, local and national, low-, medium- and high-brow, will be discussed, debated, argued about and wrestled with.

It’s a place I hope…

UPDATE: Firm investing $23M in Eastgate project

A locally based data storage company has agreed to buy the former Eastgate Consumer Mall on the far east side and plans to invest $23 million to turn the 370,000-square-foot building into a high-tech data hub. This morning, executives with Lifeline Data Centers LLC joined Mayor Bart Peterson to announce the deal, which was first […]

New life for Eastgate

The long-vacant Eastgate Consumer Mall finally is getting a new tenant: a data-storage and web-hosting company. City officials are planning an 11 a.m. announcement today detailing an expansion for locally based…

BREAKING: Eastgate lands data-storage firm

The long-vacant Eastgate Consumer Mall is getting a new tenant: Lifeline Data Centers. City officials are planning an 11 a.m. announcement today detailing an expansion for the locally based data-storage and Web-hosting company. Two people familiar with the announcement confirmed that Lifeline plans to reuse all or part of the 370,000-square-foot mall, which was built […]

Simon loses $26M on Arizona housing project

Troubles in the residential mortgage market have ensnared local mall giant Simon Property Group Inc. Simon said today it plans a fourth-quarter write-off of $26 million, the entire value of its equity investment in a master-planned community proposed for a suburb of Phoenix. The loss is expected to reduce the company’s diluted net income by […]

Convention chief Bedell to retire

Bob Bedell, president of the Indianapolis Convention & Visitors Association, announced today that he will step down at the end of June. “There is no good time, but this is the right time [to leave],” Bedell said, adding that he’s accomplished his goals of growing the association to handle a promised increase in business. “ICVA […]

Now there’s one fewer ‘First Federal’ bank

A bank in Wabash has changed its name rather than go on battling confusion over seven other banks in the state operating with First Federal as part of their names – three of them within 50 miles. First Federal Savings Bank will be called Crossroads Bank when the new year begins, according to The Journal […]

Subaru fills new Whitestown warehouse

Subaru of America Inc. has opted for the remainder of a Boone County warehouse it began leasing in January, the developers said yesterday. The Japanese automaker has taken 281,880 additional square feet to bring its total occupancy to 501,120 square feet, according to Indianapolis-based Browning Investments and ProLogis, a Denver-based logistics company. The warehouse is the […]

eGix to be bought by Cincinnati Bell

Carmel-based eGix Inc. has agreed to be acquired by Cincinnati Bell Inc. in a deal valued at $18 million, Cincinnati Bell announced today. eGix provides single-source voice and data services, plus high-speed Internet access and messaging products to about 17,000 customers, mainly in Indiana and Illinois, plus another 20 states. It has 57 employees and […]

Indiana making gains assembling vehicles

Indiana is racking up auto assembly jobs at a time the nation as a whole is losing them, an Indiana Department of Workforce Development study shows. Employment in the industry shot up 53.1 percent, to 12,400, from 1997 to 2006, the study found. The jump doesn’t include continued gains this year or the 2,000 workers […]

UPDATE: Lilly chief says more job cuts on the way

Eli Lilly and Co. CEO Sidney Taurel says the company will continue reducing its work force – even through some job cuts – as the entire pharmaceutical industry tries to retool for a future without the kinds of mega-blockbusters that sustained it for decades. “We’re going to continue, year after year, with great intensity, to […]

Mini Marathon gets competition

The venerable Mini Marathon has a challenger.

As IBJ reporter Anthony Schoettle reports today, two sponsors have signed on to a half-marathon scheduled
just two weeks after the Mini, which is sold out.Race…

Indianapolis getting new mini marathon

Community Health Network and Comcast Cable have signed on to sponsor a half-marathon scheduled for May and marketed as an alternative to those shut out of the popular Indianapolis 500 Festival Mini Marathon. The Mini, which is held May 3, is sold out with 35,000 entrants. Event organizers also are challenging those registered for the […]