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Construction workers oppose jobless-fund plan-WEB ONLY

April 27, 2009

Construction workers are gathering in Indianapolis today for a midday rally at the Indiana Statehouse to protest proposed cuts in unemployment insurance benefits. Lawmakers have been trying to come up with a solution for the state’s unemployment insurance fund, which has been paying out hundreds of millions of dollars more in benefits than it has […]

Pacers pain not isolated incident

April 27, 2009

The Indiana Pacers are far from the only National Basketball Association franchise hurting financially. And the pain isn’t just striking small market teams.

While the first round of the playoffs rages on, several NBA…

GM to cut 21,000 U.S. jobs, shed Pontiac-WEB ONLY

April 27, 2009

General Motors Corp. said it will cut 21,000 U.S. factory jobs by next year, phase out its storied Pontiac brand and ask the government to take company stock in exchange for half of GM’s government debt as part of a major restructuring effort needed to get more government aid. The struggling automaker also said it […]

Renewable energy mandate unlikely to pass-WEB ONLY

April 27, 2009

Supporters of a proposal that would set Indiana’s first comprehensive renewable energy policy are watching closely as the legislative session enters its final days, although key lawmakers aren’t optimistic that the measure will pass. Indiana is the only state in the Upper Midwest without a renewable energy standard – a policy that sets a specific […]

Pence: Cap-and-trade plans would be costly-WEB ONLY

April 27, 2009

U.S. Rep. Mike Pence says a proposal by congressional Democrats to regulate gases some blame for global warming could cost the average American household more than $3,000 a year in higher energy costs. Pence, a Republican from Indiana, said Democrats’ proposed cap-and-trade legislation to deal with carbon dioxide emissions would also drive more American manufacturing […]

Irsay: ‘I’m not going to renegotiate the lease’-WEB ONLY

April 27, 2009

Indianapolis Colts owner Jim Irsay says the positions taken by Indiana lawmakers and local officials over a $47 million shortfall at the city’s stadium agency could hurt attempts to recruit new businesses to the city and state. He said he wasn’t open to renegotiations. Irsay, talking to reporters during a break from the NFL draft […]

How IBJ is surviving the recession

April 27, 2009

This economy has been tough on just about everybody.
No matter what your choice of media, you can’t escape the news about companies and entire industries challenged by the recession. But what about the folks doing all that reporting?

Let us bow our heads and text in unison

April 27, 2009

A friend of mine is a minister and an expert on church management and growth. During one of our discussions, it struck me
how much starting and running a church is very like running a business. There are the same problems with morale, with retention,
with site selection, finance, marketing and growth pains. And with technology.

Rethinking mass transit

April 27, 2009

Rethinking mass transit The debate over light rail and other alternatives to the car doesn’t have to focus only on moving people from Point A to Point B. Other cities report that transit lines are magnets for sustainable real estate development. This week’s Focus section, with visuals provided by Ball State University’s College of Architecture […]

Lawmakers think ‘gloomy’ in spite of rosy forecast

April 27, 2009

Sometimes the news is just so good you can’t believe it, and that is just what happened with the state revenue forecast this
month.

Blogging is no longer optional for entrepreneurs

April 27, 2009

In 2009, blogging is not optional. If you have a business, you
must have a Web site. If you have a Web site, you must have a blog!

Westfield mayor hopes $60M stadium project will transform city

April 27, 2009

Westfield Mayor Andy Cook is proposing a $60 million youth sports complex with a 4,000-seat multipurpose outdoor
stadium, indoor sports facilities and sports fields with the goal of establishing the Hamilton County community as the "Family Sports Capital
of America."

Central Indiana could lead economic recovery

April 27, 2009

Every day, we get more bad economic news. While I’m not smart enough to know when the global economy will rebound or how strong
the rebound will be, I do believe central Indiana and the Midwest are well-positioned to lead the recovery.

Jobless fill lull by volunteering

April 27, 2009

Volunteer managers say they’ve seen an influx this year of people who’ve lost their jobs, as well as students who are anticipating a tough market after graduation. The volunteers are welcome, especially as charities themselves have fewer paid employees.

Dan Laikin on sidelines as others admit guilt in stock-manipulation scheme

April 27, 2009

Carmel businessman Dan Laikin finds himself in the awkward spot of denying wrongdoing at the same time the three men accused
of conspiring with him in a stock-manipulation scheme are admitting guilt.

Defense budget overhaul could give local Rolls-Royce plant a boost

April 27, 2009

While military contractors scramble to protect big projects from Defense Secretary Robert Gates’ budgetary ax, Indianapolis
engine-maker Rolls-Royce is sitting pretty.

Redefining community in virtual and political reality

April 27, 2009

Last week, I made a presentation about social media to several hundred people at a Carmel Chamber of Commerce luncheon. We talked about Facebook and Twitter, YouTube and Flickr, LinkedIn, blogging and more. I didn’t answer the "how-to" question. I answered the "whether-to" question. With some important cautions, my answer was "yes."

INSI

April 27, 2009

INSI Game on Locals are starting a motorsports trade show to compete with a giant event that left Indy for Orlando. 3 Volunteers line up For not-for-profits, free help from out-of-work professionals is a happy byproduct of the economy. 3 Not a caretaker Westfield’s first mayor, Andy Cook, is backing an ambitious development to diversify […]

Buy-and-hold evidence can be misleading

April 27, 2009

You’ve heard all the nonsense from the mainline advisers and brokers. They say a buy-and-hold approach is the answer, the
market always comes back, and diversified investing is the key to long-term success. You are starting to get the sense that it’s all bull. Here’s why.

Liquor store adapts to local tastes

April 27, 2009

When Mr. G’s Liquor opened in 1977, the wines du jour were Madera and Blue Nun. Bartels & Jaymes wine coolers were all the
rage, and few of us had heard of craft beer. Today, Mr. G’s is in its third location, where a 36-foot wall of whiskeys, vodkas
and gins is rivaled only by the kiosks fully laden with local, domestic and imported wines and beers chilling in coolers.

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