A local developer is hoping to convert an unfinished eight-story luxury condo project downtown into a mostly affordable apartment building with its headquarters on the top floor. The Whitsett Group has agreed to buy the 707 E. North St. building from Beilouny Luxury Properties, but the deal still must be approved by Cincinnati-based Fifth Third […]
Talks between Delphi Corp. and members of President Barack Obama’s automotive task force continue in hopes of reaching a deal on a plan to lift the auto supplier out of bankruptcy protection before a crucial deadline passes. Normal 0 false false false MicrosoftInternetExplorer4 Delphi Attorney Jack Butler said today that the talks, which also include […]
A bankruptcy judge yesterday denied a motion from a pair of Indiana state pension funds and a state construction fund to delay the proposed sale of most of Chrysler’s assets, saying the funds’ plan to challenge the legality of the sale in another court wasn’t enough of a reason to push back the proceedings. U.S. […]
A bankruptcy judge yesterday denied a motion from a pair of Indiana state pension funds and a state construction fund to delay the proposed sale of most of Chrysler’s assets, saying the funds’ plan to challenge the legality of the sale in another court wasn’t enough of a reason to push back the proceedings. Normal […]
Organizations hosting events at Lucas Oil Stadium already expected to pay more than they did at the RCA Dome, but some fear the Capital Improvement Board’s financial difficulties could drive costs even higher. The concern is greater for not-for-profits operating on tight budgets that likely will pay at least 25 percent more to use the […]
Normal 0 false false false MicrosoftInternetExplorer4 Organizations hosting events at Lucas Oil Stadium already expected to pay more than they did at the RCA Dome, but some fear the Capital Improvement Board’s financial difficulties could drive costs even higher. The concern is greater for not-for-profits operating on tight budgets that likely will pay at […]
Barney Levengood, executive director of the financially-struggling Capital Improvement Board, is one of the state’s highest-paid public employees, and some wonder if his pay should be cut.
No doubt the transition to a low-carbon economy will bring great challenges for Hoosier businesses, given how carbon-intensive
our society is. However, if we take proactive steps, Indiana can emerge as a standout success story.
BANKRUPTCIES Keysbound Inc., 5950 Buttonwood Drive, Noblesville, 46062. Chapter 11 reorganization. Assets: n/a; liabilities: n/a. Programmed Funding Inc., 6433 E. Washington St., 46219. Chapter 11 reorganization. Assets: n/a; liabilities: n/a. Lauth Investment Properties LLC, 401 Pennsylvania Parkway, 46280. Chapter 11 reorganization. Assets: n/a; liabilities: n/a. LIP Development LLC, 401 Pennsylvania Parkway, 46280. Chapter 11 reorganization. […]
For 18 years, Barney Levengood has held one of the toughest and most important jobs in the city. He oversees the operation of the Indiana Convention Center, Conseco Fieldhouse and Lucas Oil Stadium as executive director of the Capital Improvement Board. He’s also become one of the state’s highest-paid public employees. Levengood, 54, earns a […]
Carmel Community Players, a volunteer theater founded in 1993, has announced an ambitious season of all Pulitzer-Prize-winning
shows — even though a chunk of its funding was shot down by the Carmel Support the Arts Fund and its
performance…
Taking science from the laboratory to the commercial market takes too much time and is littered with potential pitfalls along the way. That’s the message Bill Cook, one of the state’s most successful businessmen, delivered this morning at the fourth and final event of the 2008-09 Indiana Life Science Collaboration Conference Series at IUPUI. Cook […]
Eli Lilly and Co. CEO John Lechleiter said during a speech today in Washington that he opposes the public-plan option at the center of President Barack Obama’s health care reform principles. He also warned that the “comparative-effectiveness” research of medical treatments, which received vast funding in Obama’s February stimulus bill, could go wrong if it’s […]
Scott [email protected] Taking science from the laboratory to the commercial market takes too much time and is littered with potential pitfalls along the way. That’s the message Bill Cook, one of the state’s most successful businessmen, delivered this morning at the fourth and final event of the 2008-09 Indiana Life Science Collaboration Conference Series at […]
Eli Lilly and Co. CEO John Lechleiter said during a speech today in Washington, D.C., that he opposes the public-plan option at the center of President Barack Obama’s health care reform principles. He also warned that the “comparative-effectiveness” research of medical treatments, which received vast funding in Obama’s February stimulus bill, could go wrong if […]
One of Indianaâ??s better-known living authors, Scott Russell Sanders, has spent most of his career writing
about our relationship to the environment and our sense of place.
Sanders newest book, â??A Conservationist Manifesto,â?? published last month by Indiana University…
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 […]
A strong economy requires risk-takers, and it is the bold and brash who will seize opportunities as the economy rebounds.
The 32-year-old developer Lauth Group Inc. likely will survive in some form if the company can find financing to get it through
a Chapter 11 reorganization and if the real estate market doesn’t take too long to turn around, experts said.
Call it a trickle-down effect, but not the kind President Reagan would have liked. The recession has cost most institutional
investors, such as university endowments, about a quarter of their value. As a result, venture capitalists’ primary source
of funding has dried up. The implications for Hoosier entrepreneurship are stark.
