Housing market may have hit bottom
Here’s something that passes as good news for central Indiana’s moribund housing market: Prices might hold steady this year,
after falling nearly 7 percent from their 2006 peak.
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Housing market may have hit bottom-WEB ONLY
Here’s something that passes as good news for central Indiana’s moribund housing market: Prices might hold steady this year, after falling nearly 7 percent from their 2006 peak. Economists and other real estate professionals say the economy may start to recover in the second half of the year, boosting demand just as the glut of […]
Indiana b-ball programs back on track
With both the NBA and college basketball seasons under way, Indiana’s two namesake programs are coming back to life in a big
way.State technology interests don’t want economy to stifle progress
Indiana legislators are signaling that everyone who receives funding from state government must tighten their belts as tax
collections fall short of projections. That could cause pressure for cuts to key technology incentives.State public company execs grab up stock as prices fall
The unprecedented plunge on Wall Street the last three months has spurred a couple of dozen executives and directors at Indiana
public companies to scoop up shares in their own companies.After record election revenues, TV ad income may hit 10-year low
With the economic swoon and no political ad campaigns in 2009, TV ad revenue could hit a 10-year low next year.
Obama raising more money in Indiana, but business interests stick with McCain
Republican Sen. John McCain has been unable to achieve the same Indiana fund-raising edge on his Democratic opponent that
President George W. Bush did in past elections. Bush rang up an Indiana fund-raising advantage of $1.7 million over Sen. John
Kerry in 2004, according to the Center for Responsive Politics. And his popularity in Indiana allowed
him to spend those dollars to help him campaign in other states while easily winning Indiana’s electoral
votes. But this election, Sen. Barack Obama had outraised Republican John McCain by $360,000 through the end of August, when
McCain’s decision to take public campaign funds forced him to stop raising funds directly for himself.
Obama did not take public funds, and so has continued to raise money.Real estate agents struggling from trickling home sales
The downturn in the housing market isn’t tough just on people trying to sell their homes. It’s also tough on the people
who want to help those people sell their homes–real estate agents. Locally, their ranks have thinned as
more and more leave the field to search for better prospects.Conseco chairman buys up shares
Conseco Inc. Chairman Glenn Hilliard snapped up 89,100 shares of the company late last week – at about the same time CEO Jim Prieur bought 200,000 shares, regulatory filings show. Hilliard acquired his shares for $4.61 to $7 each; Prieur acquired his for $4.35 to $4.97. Conseco stock has been flagging since the Carmel insurer […]
Schellinger looks back
The Democratic primary race between presidential candidates Hillary Clinton and winner Barack Obama attracted
so much attention that the Indiana governorâ??s race got short shrift â?? and the governorâ??s race still isnâ??t
getting the respect it deserves.
Thatâ??s how Jim Schellinger…Carmel’s play for the arts
Carmel’s play for the arts Some fear it will come at Indianapolis’ expense The $80 million-plus Carmel Performing Arts Center, a neo-classical-styled concert hall designed to be an acoustical masterpiece, is still two years from opening. But it’s already the source of some dissonance in the Indianapolis arts community to the tune of Mozart’s String […]
Commentary: This game gave me Fever
It’s time for more people around here to take note of the “other” professional basketball team in town: the WNBA’s Indiana Fever. And that means all the men out there who won’t give women’s basketball a fair shake, the men who think women can’t play the game. I know they’re out there because I was one of them. I stand before you this week humbly acknowledging the error of my ways. I have learned; the women can play! I had…
Carmel’s play for the arts: Some fear it will come at Indianapolis’ expense
The $80 million-plus Carmel Performing Arts Center, a neo-classical-styled concert hall designed to be an acoustical masterpiece, is still two years from opening. But it’s already the source of some dissonance in the Indianapolis arts community to the tune of Mozart’s String Quartet No. 19, in C major. On one hand, Indianapolis-area performing arts groups would sacrifice to theater god Dionysus for a chance to perform at the 1,600-seat music hall or at its adjacent 500-seat theater. But others fret…
Fishers planning tech incubator: Town hires former IU Emerging Technology Center chief to lead biz park
Fast-growing Fishers has the kind of assets economic developers dream about-strong schools, affordable housing and median family income of $81,971. Now the town wants to build on that foundation by adding a high-tech business park to its list of amenities. “Businesses are looking to come to a site where they can find employees with the requisite level of education and the ability to get additional education close by. Education is the key,” said Fishers Town Council President Scott Faultless. “We…
New Lafayette Square owner pitching major expansion
Lafayette Square Mall could look a lot like the revitalized Glendale Town Center in a few years if the mall’s new owners get
their way. A proposed site plan shows that New York-based Ashkenazy Acquisition Corp. doesn’t intend to settle for filling
the mall’s ample vacant space.Hubbard blasts Florida over oil
Al Hubbard, the Indianapolis businessman who stepped down last year as director of President Bushâ??s National
Economic Council, is quoted in a recent Barronâ??s column as hammering Floridians and others living along U.S.
coasts for squeezing the tourniquet on additional…Thompson faces uphill fight against Daniels
Jill Long Thompson says she knows it will be tough to unseat Republican Gov. Mitch Daniels in November, and she already has come out swinging. Just hours after squeaking out the Democratic gubernatorial nomination over Jim Schellinger last week, the former Indiana congresswoman verbally jabbed Daniels. “Four years ago he went through the state wearing […]
Angels invest where others fear to tread: Wealthy entrepreneurs join forces to create HALO Capital Group
Some high-tech companies are so risky that even venture capitalists quiver. That’s when they turn to angels, who aren’t afraid to fly to the rescue of cash-strapped innovators with chancy yet possibly lucrative ideas. Last year, two dozen of central Indiana’s most successful business veterans decided to intercede on behalf of Hoosier entrepreneurs. They formed HALO Capital Group, a network of angel investors who seek to speculate on promising Indiana startups. Every other month, the HALO group meets at a…
Obama, Clinton neck-and-neck, poll shows
Democratic presidential hopefuls Barack Obama and Hillary Clinton are locked in a virtual dead heat in Indiana, according to the latest Howey-Gauge Poll. Hoosiers favor Obama over Clinton by the slim margin of 47 percent to 45 percent. In the race for governor, Democrat Jill Long Thompson holds a commanding lead of 45 percent to […]
Pumped-up business leaders give big sums to Clinton, Obama
Indiana’s business community is divided in its support during this presidential election. Many Republicans are disenchanted,
which has contributed to slow contributions to their candidate, Arizona Sen. John McCain. But those looking to support Democrats
are torn this year, as the fierce competition between Clinton and Obama has made Indiana’s normally sleepy May primary a battleground.