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State fair profitable, but collapse will be costly in the end

October 13, 2011

Despite the Aug. 13 stage collapse killing 7 concertgoers, the Indiana State Fair turned a modest profit of $389,000 this year. But about $500,000 in potential revenue was lost in the aftermath of the tragedy, and two investigations will cost about $1 million by the end of the year.

Scales missed point of Poulakidas op-ed

October 13, 2011

After reading Christine Scales’ Sept. 26 letter, it’s clear that she needs a pat on the back. It is commendable that this unemployed doctor’s wife has sent all her children off to college, and now has made the time to focus on her community. (I guess I was wrong when I believed women could both […]

Multiple complaints

October 13, 2011

When I read some statements in the Oct. 3 issue, I found myself grinding my teeth. Michael Hicks referred to long-dead economists by observing that the British economist John Maynard Keynes proposed deficit spending to help remedy a deep recession. Hicks pointed out that job creation in the U.S. is substantially slowed by the contraction […]

The silly promises of collectivism

October 13, 2011

With all due respect Terri Jett [Oct. 10 Forefront], your party’s history of promises about the government giving people things they can’t provide for themselves—more income, better health care, advanced education, cheaper mortgages and an overall “shiny, happy life” have been made time and again throughout history by speakers much more eloquent than our made-for-TV […]

Team building takes time

October 13, 2011

I found Sam Stall’s Oct. 3 article misleading. “Team-building exercises remain popular, but do they work?” failed to make the critical distinction between building a high-performing team and facilitating a single team-building activity. When properly designed, a team-building activity allows participants to experience one aspect of team dynamics that will benefit that specific group. On […]

The euro’s problems ripple to Indiana

October 13, 2011

A crack in a support beam of a bridge can jeopardize the entire structure, as people in the Louisville area can attest to. The same principle applies to currency regimes. The crack in the euro system threatens the Eurozone economy and the financial bridges that link global markets, including those in Indiana. The euro was […]

Admiring the substantive candidate

October 13, 2011

This year’s Indianapolis mayoral election presents a sharp contrast between a “good candidate” (attorney Melina Kennedy) and a good mayor (ex-Marine Greg Ballard). Ballard’s 2007 election was a surprise to all but him. He has proven quite effective—a friendly, no-nonsense leader who enjoys the work and responsibilities but can do without the glitz. Ballard’s accomplishments […]

Software firm plans to open downtown office, add 250 jobs

October 13, 2011

Massachusetts-based Kronos Inc., a work force management software firm, plans to create 250 jobs by 2015 as part of a $5.1 million expansion to Indianapolis. The company will occupy 31,000 square feet in downtown’s PNC Center.

Emmis finds silver lining despite deep losses in 2Q

October 13, 2011

Indianapolis-based Emmis Communications Corp. announced Thursday that second-quarter revenue slipped from last year and losses nearly quadrupled. However, the sale of three radio stations for $120 million, a reduction in debt and increases in advertising give executives hope.

IBJ Movie Night: ‘Margin Call’ with Kevin Spacey

October 13, 2011

Win tickets to a sneak preview of this financial industry thriller.

Police charge man with abusing 3-year-old

October 13, 2011

Detectives with the Indianapolis Metropolitan Police Department child abuse section arrested a 23-year-old man for allegedly injuring a 3-year-old boy on Tuesday.  The suspect, Ian Huff, is preliminarily charged with neglect of a dependent and battery.  Police said Huff was living with his girlfriend, Ashley Lee, and her children in a southeast side motel room. Emergency responders were called to their room on Tuesday afternoon, and took Lee's 3-year-old son to the hospital in critical condition. He was suffering from serious head injuries.

Officer shoots suspect on west side

October 13, 2011

Indianapolis police are holding a suspect who fled an officer Wednesday afternoon, leading to a car chase that ended with a police shooting. An officer tried to pull over the suspect in the 400 block of North Tibbs Avenue at around 4:30 p.m., but the suspect pulled away in his vehicle, police said. Shortly after the chase began, both the suspect and pursuing officer collided with a house in the 500 block of North Centennial Street. The suspect fled on foot and at one point aimed a gun at the officer, who then shot the suspect in the leg. The suspect was taken to Methodist Hospital in good condition.

Two teen boys die in pole collision

October 13, 2011

Police are investigating what caused a vehicle carrying two teenagers to leave the road near 59th Street and Georgetown Road early Thursday morning, killing both of them. Police and fire crews responded at around 4:15 a.m. and found the wreckage of a silver 1999 Audi, which apparently had left the road and collided with a traffic signal pole. Pike Township authorities pronounced the 18-year-old driver and 19-year-old passenger, both males, dead at the scene. They were believed to be from Michigan; their names are being withheld until their families are notified.

Unemployment claims dip slightly in stagnant job market

October 13, 2011

The number of people applying for unemployment benefits was mostly unchanged last week, suggesting the job market isn’t getting much better.

Heartland nearing $12.5 million fundraising goal

October 13, 2011

The not-for-profit, whose annual film festival in Indianapolis opens Thursday, has surpassed $10 million and hopes to hit its goal of $12.5 million by the end of next year.

Manufacturer to beef up Frankfort operations, adding 160 jobs

October 13, 2011

LEP Special Fasteners Inc. will relocate parts of its management, sales and distribution functions from Elgin, Ill., and expand its current manufacturing plant in Frankfort by 250,000 square feet.

LaPorte factory to close, eliminating 130 jobs

October 13, 2011

Graphic Packaging International says it will gradually phase out the LaPorte carton factory in the coming months and shift work to other plants around the country.

Tea party sees Lugar as best target in Senate

October 13, 2011

The tea party movement’s best remaining hope in 2012 for picking off an incumbent Republican in the Senate has boiled down to one state, Indiana, where six-term Sen. Richard Lugar still faces a challenge from the right.

Lugar raises $840K for Senate re-election bid

October 12, 2011

Sen. Richard Lugar has $3.8 million in the bank as he fights the tea party-backed Richard Mourdock to remain the Republican contender for his seat.

Gas utilities expect heating bills similar to last year

October 12, 2011

Citizens Gas says that if winter temperatures are normal, Marion County customers will pay just a few dollars more on their heating bills this winter, compared to last year.

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