Regional airline operator Republic Airways Holdings Inc. said yesterday its first quarter profit fell by 89 percent as costs rose and traffic fell slightly. Indianapolis-based Republic, which flies regional jets for carriers including Delta Air Lines, United Airlines, and US Airways, said it earned $2.2 million, or 6 cents per share, during the quarter that […]
Risk has a bad name these days, for understandable reasons. In recent years, many corporate executives managed as if the boom times never would end, along the way ratcheting up debt to unfathomable levels. Many bankers, meanwhile, doled out loans to the lowliest of borrowers, and traded complex securities few truly understood. Yet a strong […]
Someone once told me it’s easy to run an organization when times are good.
It’s when times are tough that things get difficult. Well, we’re definitely there.
A strong economy requires risk-takers, and it is the bold and brash who will seize opportunities as the economy rebounds.
Assigning responsibility for what stuck us with a special session is a political post-session must, but playing the blame
game usually isn’t a productive exercise.
Commentary Oh captain, my captain, where art thou? Someone once told me it’s easy to run an organization when times are good. It’s when times are tough that things get difficult. Well, we’re definitely there. Nowhere is it more evident than at the Indiana Statehouse, where the 2009 General Assembly spent four months hammering away […]
Embracing risk key to revival Executives shouldn’t become timid Risk has a bad name these days, for understandable reasons. In recent years, many corporate executives managed as if the boom times never would end, along the way ratcheting up debt to unfathomable levels. Many bankers, meanwhile, doled out loans to the lowliest of borrowers, and […]
STATEHOUSE DISPATCH Legislators, governor disagree about special session Assigning responsibility for what stuck us with a special session is a political post-session must, but playing the blame game usually isn’t a productive exercise. This time, however, may be different, and what both of the principal sides in the dispute over the failure to enact a […]
Indiana legislative leaders have a debate blueprint they hope will prevent a long, costly special session for a new state spending plan. They’ve formed a special committee that will ask for a revised revenue forecast, even though lawmakers just received one last month. They want a full budget proposal from Republican Gov. Mitch Daniels, complete […]
Normal 0 false false false MicrosoftInternetExplorer4 Indiana‘s State Budget Committee has ordered a new revenue forecast it hopes will paint a more accurate picture of state finances before lawmakers meet for a special budget-writing legislative session. Republican Sen. Luke Kenley of Noblesville said a committee will examine recent revenue projections and actual tax collections to […]
The Indiana Department of Workforce Development told federal overseers yesterday that it has made changes that should cut a rate of miscalculating jobless benefits that was five times the national average. The state agency sent a 121-page document to the U.S. Department of Labor responding to a March report that found 41 cases in which […]
The Hoosier Lottery has agreed to pay $2.75 million to settle a lawsuit filed by eight black former employees who claim racial
discrimination motivated their firing four years ago.
Ind. Gov. Mitch Daniels will call the Legislature into special session to pass an acceptable budget, but some legislators think a budget that would satisfy the governor cannot be crafted by the contentious partisans in this developing fiasco.
The candidate who nearly upset longtime Indiana Congressman Dan Burton in last year’s Republican primary is running against him again. John McGoff announced his candidacy today, becoming the third prominent Republican to launch a campaign to defeat Burton for the 5th Congressional District seat. McGoff is an Indianapolis physician and former Marion County coroner. Burton […]
The new law aimed at fixing Indiana’s bankrupt unemployment insurance fund doesn’t get the whole job done and employers likely will face higher federal taxes next year along with higher state taxes, a state oversight board was told yesterday. Chief Financial Officer Scott Sanders of the Indiana Department of Workforce Development told the Unemployment Insurance […]
A state legislator faces a lawsuit over her role in hiring a company that provides software for property-tax calculations in central Indiana’s Clinton County. Rep. Jacque Clements has denied any wrongdoing in her work for the county. She was county auditor before her election to the Legislature last year and was a part-time deputy auditor […]
Many lament the loss of what might be called timeless values. I place these into two categories; both are exemplified and sustained by military service.
Jobless fund still facing problems Fixes likely won’t prevent increases in federal taxes The new law aimed at fixing Indiana’s bankrupt unemployment insurance fund doesn’t get the whole job done and employers likely will face higher federal taxes next year along with higher state taxes, a state oversight board heard Wednesday. Chief Financial Officer Scott […]
The two words frame the biggest question of the special legislative session Indiana Gov. Mitch Daniels is expected to call next month: What if lawmakers don’t pass a budget by June 30, when the current two-year spending plan expires? The Daniels administration is taking a “don’t even go there” approach. But Sen. Luke Kenley (R-Noblesville) […]
Normal 0 false false false MicrosoftInternetExplorer4 Indiana lawmakers will get a new look at the state’s finances today as they prepare for a special budget-writing legislative session in June. The State Budget Committee is slated to get a revised revenue forecast from a bipartisan group of fiscal analysts. A forecast released in April missed the […]
