Financially strapped Dow Chemical Co. acknowledges it may sell Indianapolis-based Dow AgroSciences LLC, the ag-chemicals-and-biotech firm that’s one of the biggest jewels in the city’s life sciences crown. Dow Chemical CEO Andrew Liveris said on a Feb. 3 conference call with analysts that the Midland, Mich.-based company has teams working with investment banks to evaluate […]
I had a dream that I met with President Obama during his visit to Elkhart. It was just before breakfast in a school gymnasium. He was shooting baskets with one hand and drinking orange juice with the other. “A little one-onone?” he asked. “No,” I answered. “My basketball days are over.” “What do you do […]
Elkhart’s industries should shift to producing mass transit vehicles and manufactured housing for low-income, high-density neighborhoods.
|R ECOR DS| ANNOUNCEMENT Riser Retail Group, specializing in selling retail shopping centers, has launched “10 Cap Props,” a division marketing properties with CAP Rates 10% and higher. Contact 280 E. 96th St., Suite 225; phone: 844-0700; fax: 844-0701; [email protected]; www.riserretailgroup.com. BANKRUPTCIES Medical Savings Investment Inc., 5835 W. 74th St., 46278. Chapter 7 liquidation. Assets: […]
United Way is spending $114,000 to bring Project Seed, a program with specially trained math experts, to 11 Indianapolis Public Schools.
The Indianapolis Convention & Visitors Association says it needs more sales and marketing firepower to fill an expanded convention center and adjacent hotels. That means asking the city’s Capital Improvement Board-one of ICVA’s primary sources of funds-for a budget increase of up to 50 percent at the worst possible time. ICVA says it needs an […]
Catheter Research Inc. should have disappeared a long time ago. But the Indianapolis company has persevered through numerous challenges-17 straight profitless years, a bankruptcy reorganization, a stint as a subsidiary of Biomet Inc., and a dispute among its owners. It now is flying high-even in the midst of a bad economy. Catheter Research grew its […]
A year ago this week, my wife Cherí and I celebrated our first anniversary with the honeymoon we were too busy to take after our wedding. We told some friends we wanted a place that was warm, romantic and unpretentious. We wanted to wear shorts and T-shirts, not cruise-ship chic. They recommended Turks and Caicos, […]
When Stacie Floyd enrolled her daughter Kyli in kindergarten at Christel House Academy, she hoped Kyli would be able to earn a high school diploma there. Now, six years later, Floyd will get her wish. The academy, a K-8 charter school, launched a campaign this year to raise money for a $5 million high school, […]
I’m sick. It’s just a cold. All my joints ache, I cannot speak, I don’t want any liquid or solid inputs and have little control over my nasal and other outputs. It’s just a cold that modern medicine acknowledges it cannot cure. Mitigation of symptoms is what we get. The throat is soothed by a […]
On vacation in the British West Indies, we see the decline from just a year ago at this same beautiful spotâ??fewer families at play, fewer retirees strolling arm and arm, fewer young couples slathering one another with sunscreen.
What kind of remedy should be applied to the economy? Surely we want something that will work quickly. But we also want something
that will help provide income in the future. That’s called investment.
The most up-to-date report about white-collar job losses in Indianapolis comes every Monday at dawn in the parking lot at St. Luke’s United Methodist Church. The number of cars that pull in to attend the weekly gatherings of the Business and Professional Exchange has more than doubled in the last two months. Inside, men and […]
It’s time to set the record straight. It was not World War II that moved America out of the Great Depression. When we talk about the American economy, we discuss the actual or “real” goods and services produced in this country. To compare one year with another, we must remove price changes so we can […]
By now, it seems nearly everyone on the planet has heard of YouTube, Google’s popular video sharing site. You’ve probably either watched a video there-whether for research or to laugh at someone falling down. You might have even posted something. But you might be surprised to know that YouTube isn’t the only such site available, […]
Raising Indianapolis’ tax on hotel rooms-already one of the highest rates in the nation-could be the tipping point that causes conventioneers to bypass Indianapolis, some industry experts say. Marion County hotels already pay 16 percent in sales taxes-the 9-percent innkeeper’s tax, plus the 7-percent state sales tax. An increase in the innkeeper’s tax would push […]
Forget for the moment Brightpoint Inc.’s $344 million loss in the fourth quarter. It was mostly indigestion in the form of a goodwill impairment charge from buying Europe’s biggest wireless distributor in 2007. Just how the recession has gotten Brightpoint’s number is perhaps better reflected in a more mundane measure: After years of torrid gains […]
It was not World War II that moved America out of the Great Depression.
The recovery experts at Fairbanks Alcohol and Drug Treatment Center last year launched a recovery management program, thanks to a $200,000 grant from the Nina Mason Pulliam Charitable Trust.
News came last night (see story here) that Dave Wilson was among 105 full and part-time Emmis employees caught in the most recent round of layoffs.
When I arrived in Indy nearly 15 years ago, Dave “The King” Wilson was…
