Trade deficit narrows unexpectedly to $30.7B
The U.S. trade deficit unexpectedly narrowed in August as exports posted a small gain, while imports fell on a big drop in
demand for foreign oil.
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Emmis smacked with quarterly loss of $135M
Emmis Communications Corp. suffered a whopping loss of $135.6 million in its most recent fiscal quarter, the Indianapolis-based
media company reported Friday morning.
Stimulus to brighten city’s traffic lights
The bright lights of Indiana’s largest city are getting brighter—at hundreds of street intersections, anyway.
Grocery, housing projects could rejuvenate stretch of 16th Street
A troubled low-income housing project has a new owner with plans to redevelop the complex to better
connect with the Herron Morton Place neighborhood. Next door, Kroger has revived efforts to acquire
land and plan a new supermarket to replace a cramped, old-format location.
Mayor seeks your suggestions
The newly created Indy
Ideas Web site and the Neighborhood Association Council are both intended to encourage participation in local government.
Securities firm Stifel Nicolaus balks at fraud charge
Transactions cited in the complaint involved advisers scattered across the firm’s seven Indiana offices, though two-thirds
were clients of Jeff Cohen.
WellPoint memos show job cuts starting with mid-level execs
With a national unemployment rate of nearly 10 percent eroding its customer base, WellPoint Inc. is cutting at least 30
middle-management employees and reshuffling its corporate organization, according to internal memos obtained by IBJ.
Lucas Oil out to build on Jiffy Lube deal
One year after emblazoning its name on the Indianapolis Colts’ mammoth new home, Lucas Oil Products Inc. has leveraged
that sponsorship into a pact with Jiffy Lube that company founder Forrest Lucas thinks will score huge profits for his company.
Firms line up to find new uses for old airport terminal, other properties
The cash-strapped Indianapolis Airport Authority suddenly can’t look soon enough at developing some of its vast real
estate holdings, including the city’s former passenger terminal. This month, it plans to conduct final contract
negotiations with a firm that would study reuse of the old terminal, adjacent land and other airport holdings.
Indiana State Museum chief trying to define brand on tight budget
The museum finally has a brand—it bills itself as a “center for science
and culture”—but don’t expect a splashy campaign.
Kroger ads in Star grab attention, raise eyebrows
A new eye-grabbing advertising design in The Indianapolis Star has some wondering where ad content stops and news
content begins.
Industrial real estate holding up during downturn
Industrial real estate in Indianapolis hasn’t escaped a bumpy ride caused by the recession, but it has managed to
withstand turbulence better than the office and retail sectors.
BENNER: We’ve got the Fever, but will we be able to keep it?
Indifference has been the Indiana Fever’s greatest enemy.
HETRICK: Will healthy workplace hopes go up in smoke?
I can predict as well as any seer what witnesses will say as the City-County Council considers a workplace smoking ban.
DINING: Eclectic menu highlights flower-powered eatery
It may be situated smack-dab in the middle of a strip mall, but Tulip Noir is not just another cookie-cutter eatery serving up the same old food
LOU’S VIEWS: Heartland fest’s bests … and the rest
We review this year’s Heartland Film Festival offerings. Check back often as we add entries throughout the event, which starts
Oct. 15.
KATTERJOHN: Newspapers still deliver – for YOU
The Hoosier State Press Association, a trade group representing 175 paid-circulation Hoosier newspapers, including
IBJ, has launched a campaign designed to remind the public of the important role newspapers play in our democracy.
So this week, I’m ceding my space to David Stamps, executive director of the HSPA
EDITORIAL: Indiana Fever deserves support
Running a professional sports franchise isn’t just a dollars-and-cents proposition.
It also requires heart. And that’s what the Fever have in abundance, from ownership to management to the players on
the floor.