Reinsurance deal helps Conseco raise cash
Carmel-based Conseco’s second deal with Minnesota-based Wilton Reassurance Co. will bring in $45 million.
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Airport retailers want relief from street pricing policy
Airport concessionaires stung by a 10-percent drop in passenger traffic have asked the Indianapolis Airport Authority to ease
a policy that was implemented more than 10 years ago to keep prices in line with what consumers pay outside
the airport.Indianapolis looks to Cleveland, Philadelphia for City Market examples
The troubled Indianapolis City Market is looking East for a new direction. This summer, its executive director, Jim Reilly,
visited Philadelphia and Cleveland to observe their successful urban markets and seek pointers that might be applied here.Some observers fear return of rising prices, stagnant growth
In the 1970s, stagflation—the unprecedented combination of stagnant economic growth and inflation—threatened to ruin financial institutions. Now some fear it might make a return.
Computer woes slow air traffic across the nation
The Federal Aviation Administration said the problem was fixed about 10 a.m. Thursday, but it was unclear how long flights would continue to be delayed. Dozens of flights to Indianapolis International Airport have been affected.
Egg industry debates ethics of cage sizes
The answers could have big implications for the egg industry, which counts Indiana as one of its leading producers. The Hoosier state ranked third in egg production in 2008, trailing only Iowa and Ohio.
Also this week
Indianapolis Jazz Foundation Holiday Showcase, featuring Steve Allee, Cynthia Layne, Brenda Williams,
Everett Greene and more, Nov. 19 at the Madame Walker Theatre. Details here.Chris Botti and the Indianapolis Symphony Orchestra, Nov. 24 at Hilbert
Circle Theatre. Details here.International
Festival, Nov. 19-22 at the Indiana State Fairgrounds. Details here.Sam Shepard’s “Curse of the Starving Class”—with
a half-hour of pre-show bluegrass music, Nov. 20-Dec. 6 at Indy Fringe Theatre. Details here.Indianapolis Baroque Orchestra presents “The Bach Project,’
Nov. 22 at St. Paul’s Episcopal Church and Nov. 23 at the Christel DeHaan Fine Arts Center. Details here.Failed jewelry retailer to sell millions in inventory
An old-line Indianapolis jewelry business has shut down, setting the stage for the sale of millions of dollars in remaining
inventory through auctions planned in Indianapolis, Chicago, Miami and Naples, Fla.Man dies after west-side shooting
Police are interviewing three people they think were involved in a deadly shooting Sunday night on the near-west side of Indianapolis.
The shooting happened on North Alton Avenue near 18th Street about 10 p.m. The victim died a few minutes after being taken
to the hospital. Officers detained two men and a woman, but aren’t releasing anymore details. â??Apparently the witness heard
the shot and saw what they thought was trash being dumped out of a green Jeep-type vehicle, but it was actually the body of
a man,â?? Indianapolis Metropolitan Police Sgt. Paul Thompson said. Fox59 will have more at 4 p.m.October retail sales rise slightly, beat predictions
Retail sales rose more than expected in October due largely to a big rebound in auto sales. But broader consumer spending
remains under pressure.New high-definition technology transforming television advertising in Indianapolis
Red Digital Cinema Technology gives video producers the ability to shoot in high-definition quality without
the expense of film, and local advertisers are taking advantage.Speedway cuts 40 employees in latest cost-saving move
A source at Indianapolis Motor Speedway said IMS laid off 40 employees Wednesday, mostly from its human resources department,
in a cost-saving move.Insurers resume chasing individuals
Indianapolis shows some signs of increased insurance competition, according to a new report; WellPoint, however, has been
losing
the battle nationally.Old Indianapolis baseball stadium now a junk yard
A salvage company is leasing the Bush Stadium field from the city parks department to store vehicles it collected in the federal
Cash for Clunkers program.Frozen-food firm plans to add 350 jobs at New Albany plant
New Albany-based Kemper Foods International LLC announced Tuesday morning that it will expand its food-production center in
southeast Indiana, creating more than 350 new jobs by 2012.CIB finances improving, though concerns remain
Approaching the end of 2009, Indianapolis’ cash-strapped Capital Improvement Board is on much more solid financial footing.
Indiana voters trending against schools in tax votes
Indiana voters seem willing to pay more in property taxes to help school districts cover operating costs. The results of last
week’s referendums, however, continue the trend against supporting plans for bigger, better schools during tough economic
times.IURC conducts review of Centennial’s telecom service
Every neighborhood has its battles, but the 1,017-resident Centennial subdivision in Westfield is embroiled in one of the
most unusual: a very public fight over the adequacy of its phone, Internet and video service.Former Smith-Holden Music employees open new Bloomington store
Two key employees of the recently closed store in downtown Bloomington have opened their own venture,
Melody Music Shop.Members of City-County Council form task force to study CIB financial problems
A new task force formed this month is charged with recommending solutions to the financial problems of the Indianapolis
Capital Improvement Board and its related convention and tourism issues.