Carmel-based Dormir LLC’s announcement July 29 of $12 million in venture financing was the second local life sciences
deal announced in July. It could suggest a turnaround from a woeful second-quarter performance, when Indiana life
sciences firms announced zero venture capital deals.
Destinations throughout Indiana no longer can count on a state marketing campaign to help drive summer crowds. Lawmakers who
passed a budget during the special session at the end of June sliced the state’s annual contribution
to the Indiana Office of Tourism Management in half—from $4.8 million to $2.4 million.
Carbon Motors this morning officially selected Connersville for its proposed headquarters and manufacturing operations.
Carbon Motors this morning officially selected Connersville for its proposed headquarters and
manufacturing operations.
Midwest governors met in Chicago today in a show of unity as they push for an eight-state, high-speed rail network – agreeing to set up a group that will coordinate the states’ bid for a share of $8 billion in federal stimulus cash for such projects. The one-day gathering, billed as a Midwest High Speed […]
Hotel occupancy rates are way down in Indianapolis, as they are elsewhere, but local operators and national analysts think
the city is in a good position to bounce back when the economy improves.
This year will be our 18th year as IPS parents. My husband and I are college graduates, upper-middle
class. He is employed full time and I’m self-employed part-time. We chose to stay in IPS
and try to make a difference for the many classmates that have no one rooting for them at home.
Indiana has made billions on gambling in nearly two decades, funding key programs, cutting excise and property taxes, and
avoiding tax hikes. The state has seen more than $2 billion in investment without any government incentives,
and more dollars committed in our history than by any industry outside of steel, power and autos.
Indianapolis officials have picked locally based marketing firm Third Street to raise money by selling sponsorships, advertising and naming rights for city-owned properties. Third Street was one of 15 local or out-of-state firms that responded to a city request for information issued in April. The cash-strapped city hopes to raise $500,000 a year after the […]
MoveSmart LLC works with business clients looking to make better use of their space, helping to design, furnish and adapt
their offices for maximum efficiency.
Two chemistry professors at IUPUI are laboring to create the McDonald’s of research laboratories—low-cost and all over the world.
A new business plan is in the works for the high-end Monon Center in Carmel.
IBJ is completely off base to suggest that the new state budget was “balanced on the backs of poor children.”
As has been true of every state budget for the last two decades, students in Indianapolis Public Schools and other urban districts
are actually the biggest winners in this budget.
The postmortem and dissection of the federal economic stimulus plan have begun in earnest. The president has added to his woes by saying the stimulus will take years, not months, to work, and his chief economist managed to squeak out the headline or two that the worst is ahead of us.
Hoosier Academies is the leading candidate to operate a controversial virtual charter school pilot program authorized last
month by the Legislature.
Indianapolis officials are hoping to land $8 million in energy-efficiency and conservation-block grants from the federal stimulus program. The city has submitted eight projects to the U.S. Department of Energy for funding consideration. A total of 450 counties are eligible for the grants. The largest expenditure is $3.3 million for construction of 17 miles of […]
A state law that went into effect July 1 attempts to attract young physicians and mental health practitioners to underserved
areas by forgiving part of their student loans. But Indiana’s budget woes prevented lawmakers from allocating funds
to support the program.
Evansville officials plan to build a new 11,000-seat arena in conjunction with a major remodeling of a downtown hotel.Work could start as early as next month on what Evansville Mayor Jonathan Weinzapfel said will be a transformation of the city’s downtown.The plan, announced yesterday, will put the $127 million arena on a different site than […]
By BREE FOWLER AP Auto Writer NEW YORK A bankruptcy judge on Monday approved a deal that could shift some of auto parts supplier Delphi’s assets to General Motors Co., which emerged from Chapter 11 bankruptcy protection last week. U.S. Judge Robert Gerber, who is overseeing the liquidation of Motors Liquidation Co., the collection of […]
Purdue University’s trustees have approved increasing tuition by 5 percent for Indiana students the next two years along with phasing in a $500 fee for new students. The trustees executive committee voted unanimously today in support of the increase, which will add $388 to the tuition bill for in-state students on the West Lafayette campus. […]
