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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Articles
Latest jobs numbers may change state’s priorities
Jobs themselves may become “Job One” for our elected officials.
States face competing priorities for stimulus cash-WEB ONLY
It may sound like a nice problem for states – figuring out how to spend the billions in infrastructure funding they’ll receive as part of President Barack Obama’s economic stimulus plan. But the task is more complicated than it seems, as state officials try to set priorities while managing competing pressures from communities, watchdog groups […]
GM, Chrysler seek more aid, plan huge job cuts-WEB ONLY
General Motors and Chrysler said today that their request for federal aid ballooned to a staggering $39 billion – only months after they received billions in loans – in new plans that envision massive job losses and intense restructuring to survive a deepening recession. General Motors Corp. presented a survival plan that calls for […]
Great Fermentations continues to prosper
Revenue at Great Fermentations has increased 71 percent since the business moved in 2006 to a new, much larger location.
Irsay makes one final plea
It’s difficult to say what is driving Marvin Harrison in his negotiations—or non-negotiations—with the Indianapolis Colts. Greed? Pride? Ego-centrism? Maybe all the above. Maybe none of the above. Harrison certainly isn’t saying. Even…
Inventor gets the wood out-WEB ONLY
John Erlandson’s first idea for the reuse of scrap tires was to replace expensive cement grave-liners with a rubber casket vault. The notion popped into his head while he was selling grave markers, one of the many odd jobs he’s held while pursuing his dream of creating a tire-based product with mass appeal. Erlandson abandoned […]
Pencil made from scrap tires wins space on Staples’ shelves
John Erlandson, 63, of Lebanon, holds the patent on a recycled-rubber pencil,
which Staples plans to start selling in June.Brokers revise plan for key lots-WEB ONLY
The owners of two vacant buildings and a fenced lot along Washington Street downtown aren’t giving up on redevelopment even after their plans for a $40 million mixed-use structure fell apart. A group called Uptown Realty Investors led by brokers John Demaree and Bill Ehret is talking with potential restaurant tenants to anchor a new […]
Group wants to redevelop buildings, land near Circle
Uptown Realty Investors, owners of two vacant buildings and a fenced lot along Washington Street downtown, aren’t giving up
on redevelopment even after their plans for a $40 million mixed-use structure fell apart.Flooded hospital seeks federal cash for expansion-WEB ONLY
Columbus Regional Hospital, which was badly damaged by flooding last year, has applied for federal funding toward its $108 million expansion plans. Hospital officials had planned to break ground last fall on construction of a project that included a five-story pavilion, some 60 private patient rooms and an expanded emergency department. Those plans, however, were […]
CEO keeps buying, price keeps dropping-WEB ONLY
Conseco CEO Jim Prieur keeps putting his money where his mouth is. He hopes it makes a difference this time. Prieur bought 200,000 shares of the Carmel-based insurer April 2 with his own money, according to a recent filing with the U.S. Securities and Exchange Commission. That makes 570,000 shares Prieur has purchased since March […]
Conseco’s Prieur, others suffering steep losses on purchase of shares
Conseco CEO Jim Prieur keeps putting his money where his mouth is, purchasing more than a half-million shares of his company’s stock over two years.
SPORTS: No playoffs, but plenty of positives for Blue & Gold-WEB ONLY
Certainly, a season-ending victory over a last-place team isn’t all that much to shout about. Neither is a 36-46 record and a third straight year on the outside looking in at the NBA playoffs. That said, the Indiana Pacers-who closed their campaign April 15 with a stirring come-from-behind win over the Milwaukee Bucks-left me wanting […]
No playoffs, but plenty of positives for Pacers
Without question, the Pacers’ road back to contending status remains decidedly uphill, but they have the talents of Danny Granger and other strong players and have worked hard to gain community support.
GM to temporarily shut 13 plants, cut production-WEB ONLY
General Motors Corp. said today it will temporarily close 13 assembly plants in the U.S. and Mexico, some for more than two months, laying off nearly 24,000 workers to pare back a bloated inventory. The closures, which will start in May, vary by factory from as short as three weeks to a long as 11, […]
Liquor store adapts to local tastes
When Mr. G’s Liquor opened in 1977, the wines du jour were Madera and Blue Nun. Bartels & Jaymes wine coolers were all the
rage, and few of us had heard of craft beer. Today, Mr. G’s is in its third location, where a 36-foot wall of whiskeys, vodkas
and gins is rivaled only by the kiosks fully laden with local, domestic and imported wines and beers chilling in coolers.Investor makes case against Conseco’s board-WEB ONLY
An activist shareholder vying to become a director of Conseco Inc. says the insurance company’s board “completely misjudged” the risks it faced when it emerged from bankruptcy in 2003 and hasn’t recovered since. Now an independent shareholder advisory firm is siding with him. “The board is blindly pushing forward into risky waters with limited view […]
WTHR’s reign faces new test-WEB ONLY
Early ratings from the all-important May sweeps suggest WTHR-TV Channel 13’s 15-year reign as king of local television news is secure for now. But the big test will come this fall when NBC’s weakening prime-time lineup is expected to put the ratings crown in play. The threat to the local affiliate will worsen in September […]
Slumping NBC could drag down Channel 13
Early ratings from the all-important May sweeps suggest WTHR-TV Channel 13’s 15-year reign as king of local television news
is secure for now. But the big test will come this fall when NBC’s weakening prime-time lineup is expected to put the ratings
crown in play.