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IU receives ‘priceless’ Bernstein gift-WEB ONLY

March 9, 2009

The children of Leonard Bernstein have donated the contents of the famed composer’s Fairfield, Conn., studio to Indiana University’s Jacobs School of Music, the school announced today. Among the donations: a conducting stool from the Vienna Philharmonic that is said to have been used by Johannes Brahms, 39 Grammy-nomination plaques, Bernstein’s stand-up composing table, a […]

Emmis seeks $10M in savings from cuts-WEB ONLY

March 9, 2009

Emmis Communications Corp. says in a new regulatory filing that it hopes the job cuts and pay reductions announced last week will save it about $10 million a year. Emmis, which owns radio stations and publishes city magazines, eliminated 91 full-time employees and 14 part-timers. The cuts represented 7.5 percent of its work force. In […]

Local racing jobs still revving

March 9, 2009

Despite the downturned economy, the long-view shows the motorsports sector is growing in Indiana. Studies compiled by the Indiana Motorsports Association and IUPUI indicate there’s been a 37 percent growth in the number…

Making up for lost decades

March 9, 2009

Just four more years and Indiana will celebrate its 40th anniversary of peak economic performance, at least in modern times.

As Morton Marcus points out in a column in this week’s IBJ, Hoosiers earned 2.53 percent of average national…

GOP leader: No more money for GM without plan-WEB ONLY

March 9, 2009

U.S. House Republican leader John Boehner said yesterday he doesn’t support handing over more federal money to keep General Motors Corp. afloat unless the automaker develops a viable and long-term business model and can pay back government loans. “Anything short of that is just throwing good money after bad,” Boehner said on CBS’s “Face the […]

Daniels, Bauer clash anew over budget, priorities-WEB ONLY

March 9, 2009

Gov. Mitch Daniels and Indiana House Speaker Patrick Bauer have more in common than they might think. Both are headstrong politicians who wield tremendous power. And both have a way with words, especially when they aren’t getting what they want. So it’s no surprise that the Republican governor and the Democratic speaker are once again […]

Lilly rivals plan $41 billion merger-WEB ONLY

March 9, 2009

Merck & Co. plans to acquire Schering-Plough Corp. for $41.1 billion in a deal that gives the companies more firepower to compete in a drug industry facing slumping sales, tough generic competition and intense cost pressures. The two New Jersey pharmaceutical companies are rivals of Indianapolis-based Eli Lilly and Co. The latest proposed combination comes […]

You-review-it Monday

March 9, 2009

My weekend included the “European Design Since 1985” show at the Indianapolis Museum of Art, “The Ladies Man” at the IRT, and “Mauritius” at the Phoenix. Plus, semi-related to the later, I finally saw the film version of David Mamet’s…

U.S. 31 project means massive changes for booming retail corridor

March 9, 2009

Lauth Properties alleges in a lawsuit that the state’s plan to rebuild 13 miles of U.S. 31 in Hamilton County to freeway standards
will cut off access to a property it owns in Westfield, killing plans for a Wal-Mart there.

Answer to stimulus formula equals inflation

March 9, 2009

When economists worry about the health of the banking system, it is primarily because we are concerned with a stable velocity
of money.

A post-stimulus survival guide

March 9, 2009

Instead of waiting around for the state to save your business, plan strategically to survive.

Durham insider deal sparks outcry

March 9, 2009

Tim Durham is facing allegations of self-dealing after a publicly traded company he helps run in Dallas acquired assets from
a finance company he owns in Ohio.

In times of trouble, encountering a chance to let it be

March 9, 2009

I went to church Sunday night. It wasn’t a religious experience â?? wasn’t supposed to be, anyway.

Pencil made from scrap tires wins space on Staples’ shelves

March 9, 2009

John Erlandson, 63, of Lebanon, holds the patent on a recycled-rubber pencil,
which Staples plans to start selling in June.

Green construction takes root in Indiana

March 9, 2009

Six experts in green issues shared their outlook on businesses’ environmental responsibilities during IBJ’s Power Breakfast Feb. 13.

Health care IT firms rushing to grab share of stimulus

March 9, 2009

The stimulus bill has prompted Indiana businesses and not-for-profits that deal in medical records to look for partners to
help them meet the challenge of making those records electronic in five years.

A few key Senators will mold most-crucial legislation

March 9, 2009

The key legislative item at this point remains House Bill 1001, the budget bill.

Struggling contractors hope for sale of factory

March 9, 2009

Contractors struggling under the weight of an unfinished factory in Tipton are hoping for a quick sale to recover at least
some of the $44 million they say they’re owed by Getrag Transmission Manufacturing.

C.P. Morgan’s demise puts 2,000 home sites on market already overwhelmed with land

March 9, 2009

The end of C.P. Morgan, the largest
central Indiana builder for a decade, will throw 1,200 home lots and options for 800 more onto an already flooded land market.

Feelings may contradict economic facts

March 9, 2009

How we feel individually about the economy is often at odds with how the economy is performing.

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