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Indiana University will tap into its savings account to keep classes running if lawmakers don’t pass a state budget by tomorrow and state government shuts down. IU officials say the school has $200 million to $300 million in cash reserves that it can use to continue operations in July and August if necessary. The university […]
Indianapolis Mayor Greg Ballard has revised his plan to help the city’s struggling stadium agency out of a projected $47 million deficit for next year. The new proposal to rescue the Capital Improvement Board is similar to others brought to the Indiana Legislature, only this one does not include an additional $13 million in spending […]
Commentary MICKEY MAURER Try KenKen. I think you’ll like it Will Shortz, the crossword puzzle editor of The New York Times, has a new addiction. It’s called Ken-Ken. Ken in Japanese means wisdom, thus KenKen literally means wisdom squared. KenKen was invented in 2004 by the Japanese educator Tetsuya Miyamoto, who incorporates games in his […]
Private equity firms have a reputation as ruthless acquirers. They slash fat and jettison sluggish product lines, all in a quest to wring out higher profits and grow the parts of the business with the most potential. For Indianapolis-based Dow AgroSciences—or at least for its 1,200 local employees—a buyer like that would be a godsend. […]
With an interior-design overhaul in 2004 and a business plan restructuring last year, Gina and Tina LaGrotte’s No. 7 Salon & Spa near downtown would be aesthetically and economically unrecognizable to their late father.
One of just three Maker’s Mark restaurants in the country—the others are in Louisville, Ky., and Kansas City,
Mo.—the upscale eatery would have been a good fit in downtown Indianapolis or in one of the suburban dining-and-shopping
meccas.
While most people consider their family members and funeral costs in estate planning, many overlook their babies who happen
to have four legs, a tail, feathers or even scales. A pet trust is a good solution.
The big cheese at Simon Property Group is wedged among the “top gun” executives in the U.S.
CORRECTIONS ¦ Emmis Communications Corp. CEO Jeff Smulyan’s compensation fell $194,639 in the company’s latest fiscal year. The figure was incorrect in a graphic on page 3A last week. ¦ The name of Ezra Goldberg erroneously appeared beneath a letter to the editor last week. He did not write the letter.
Target-date mutual funds, a popular investment vehicle in 401(k) plans and college savings plans, have recently come under
scrutiny by Congress and regulators. Investors are in an uproar over the recent poor performance of funds nearing their target
date.
By purchasing two struggling airlines for which it flies, Republic Airways Holdings is taking aboard substantial risks that
threaten its profitable niche, analysts say. Frontier Airlines and Midwest Airlines are not only leaking money, but fly at
an altitude where major carriers routinely dogfight
in a fare war Republic hasn’t had to fight as a contract carrier.
The folks who control executive compensation are often executives themselves. Boards must realize that their self-dealing,
self-benefiting ways are grossly out of line with the true value of one’s contribution to a business and society.
West Lafayette-based life sciences contract research firm Bioanalytical Systems Inc. has five directors on its board. If company
founder Pete Kissinger has his way, four of them will soon be replaced.
National acquisition-and-merger rage among benefits firms continues as Gallagher swallows groups in Noblesville and Louisville.
Gallagher’s Carmel office grows its client portfolio to 300.
Here’s why some leaders are able to get so much more out of their teams than others.
Looking for a fast break Fishers company finds niche in basketball flooring and custom courts. 23A
