EDITORIAL: Hardball tactics put City Market tenants in a bind
Mayor Greg Ballard can’t have it both ways with City Market.
Mayor Greg Ballard can’t have it both ways with City Market.
As corporations continue to dig out from the worst recession in decades, tuition-reimbursement programs are a common
casualty. A survey estimates that 63 percent of companies will
offer undergraduate educational assistance this year compared to 67 percent in 2005.
Premier Properties USA Inc. has eliminated about half its headquarters staff—more than 40 employees—as banks seize
several of its properties and CEO Christopher P. White faces a barrage of new lawsuits alleging unpaid bills, defaulted loans,
illegally redirected rent payments and check fraud.
Speedway officials broke ground Thursday morning on the first phase of a $500 million redevelopment project they hope will transform the small town into a year-round racing-themed destination.
Local loans issued through the Small Business Administration’s popular 7(a) guarantee program plunged by an astonishing 64
percent for three of the city’s four largest banks during 2009, while overall lending in the program slipped 17 percent in
the metro area.
WestGate@Crane Technology Park is adding office buildings for defense contractors next to the secretive Naval Surface Warfare
Center at Crane.
Indianapolis Motor Speedway boss Jeff Belskus has some huge decisions to make. He’s already shown he’s not afraid to get his
hands dirty making the tough calls. So what’s next?
Does Gov. Mitch Daniels’ economic development strategy emphasize job attraction at the expense of entrepreneurship?
The Indianapolis Art Center laid off its full-time curator and cut one other position this month in an effort to pay down
short-term credit and deal with reduced income from its classes.
Watanabe, son of the late Eli Lilly and Co. scientist, has hired investment bankers to help raise $10 million for his business, Encompass Media.
In its Nov. 2 issue, IBJ published a Bloomington reader’s Viewpoint regarding the new terminal at Indianapolis
International Airport. It was both uninformed and misleading.
Previous gifts from the foundation to the cancer center have been used to hire 10 researchers working on breast cancer.
Voters in the Hamilton Southeastern school district are voting Tuesday in a special referendum to address funding shortfalls.
District leaders are asking for a seven-year property-tax hike to help it close a $5.5 million-per-year budget gap. Enrollment
in the district grew by 850 students this year, according to officials. They say approval of the tax hike would let them hire
more teachers. The district, which cut $3 million from its budget earlier this year, said the deficits have been brought on
by the state’s funding formula, which shortchanges fast-growing districts. Polls close at 6 p.m.
Approaching the end of 2009, Indianapolis’ cash-strapped Capital Improvement Board is on much more solid financial footing.
A government health insurance plan included in the House health care reform bill is unacceptable to a few Democratic moderates who hold the balance of power in the Senate.
Izod officials said they signed their title sponsorship deal despite the fact that the series’ iconic leader Tony George was
shown the door during negotiations.
Indiana’s school chief warned school superintendents Thursday that declining state revenues could force cuts in public education
spending, education officials said.
With apologies to the rock group King Crimson, who recorded a song in the late ’60s called “21st Century
Schizoid Man,” I’d like to draw attention to our city’s split personality. Good Indianapolis.
Bad Indianapolis.
Across Indiana, in more than a dozen different school districts over the past year, taxpayers have sent a message to administrators:
We are no longer giving you a blank check.
Counties wanting to speed traffic among suburbs are building highways to avoid having to travel into Indianapolis. The result,
a 100-mile outer loop beyond Interstate 465, won’t be completed for years, and it won’t be built to consistent standards,
but it might help ease congestion.