In the past, lawmakers ignored the need to fix financing for the Unemployment Insurance Trust Fund, and now they must come
up with solutions that will be difficult for both Democrats and Republicans to accept.
Inflation nearly disappeared in January for the first time in 50 years, with only a slight rise in the Consumer Price Index saving the country from deflation. Rising prices are hardly a concern now, as the depressed auto and real estate sectors can attest. But economists fear inflation might pose a threat as early as […]
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.
A rough economy hasn’t calmed the grudge match between drugstore giants Walgreen Co. and CVS Caremark.
This week, pirates take over Indianapolis Opera, and a trio of plays isn’t the half of it at the Humana Festival of New American
Plays.
This week, pirates take over Indianapolis Opera, and a trio of plays isn’t the half of it at the Humana Festival of New American Plays. There is no logical reason for a man to be accidentally indentured to a pirate king because of a minor error…and stay on board for years. There is no logical […]
Inflation nearly disappeared in January for the first time in 50 years, with only a slight rise in the Consumer Price Index saving the country from deflation. Rising prices are hardly a concern now, as the depressed auto and real estate sectors can attest. But economists fear inflation might pose a threat as early as […]
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 […]
This week, pirates take over Indianapolis Opera, and a trio of plays isn’t the half of it at the Humana Festival of New American Plays. There is no logical reason for a man to be accidentally indentured to a pirate king because of a minor error…and stay on board for years. There is no logical […]
With one hand, Rob Koharchik refills his tall coffee cup with liquid energy. With the other, he cradles rolled-up floor plans like a football. He quickly climbs several flights of dark concrete steps to reach a small stage, where a worker on a lift is filling a jury-rigged bucket with fake flower petals. In less […]
Valero Energy will buy seven ethanol plants and a key development site in the Indiana city of Reynolds from VeraSun Energy for $477 million, the largest biofuel buyout ever in terms of production capacity. VeraSun, the country’s second largest ethanol producer, filed for Chapter 11 bankruptcy protection last October. VeraSun suspended construction of a 110-million-gallon-a-year […]
Carmel-based software firm Information Systems Experts LLC plans to expand its operations and create up to 10 new positions, the firm announced this morning. The company said it would invest more than $287,000 to upgrade equipment at its 8,000-square-foot headquarters in Carmel. ISE received a $21,000 grant from the state’s Skills Enhancement Fund to train […]
Indianapolis-based Bowen Engineering Corp. has been selected by Horizon Wind Energy LLC as contractor for its Meadow Lake wind farm in White County, the companies announced today. Houston-based Horizon’s wind farm in northwest Indiana will consist of 121 wind turbines that can generate 200 megawatts of power. The estimated cost of the project is $500 […]
Indianapolis-based Bowen Engineering Corp. has been selected by Horizon Wind Energy LLC as contractor for its Meadow Lake wind farm in White County, the companies announced today. Houston-based Horizon’s wind farm in northwest Indiana will consist of 121 wind turbines that can generate 200 megawatts of power. The estimated cost of the project is $500 […]
Valero Energy will buy seven ethanol plants and a key development site in the Indiana city of Reynolds from VeraSun Energy for $477 million, the largest biofuel buyout ever in terms of production capacity. VeraSun, the country’s second largest ethanol producer, filed for Chapter 11 bankruptcy protection last October. VeraSun suspended construction of a […]
Carmel-based software firm Information Systems Experts LLC plans to expand its operations and create up to 10 new positions, the firm announced this morning. The company said it would invest more than $287,000 to upgrade equipment at its 8,000-square-foot headquarters in Carmel. ISE received a $21,000 grant from the state’s Skills Enhancement Fund to train […]
A plan designed to fix Indiana’s bankrupt unemployment insurance fund drew misgivings from business and labor groups yesterday as it advanced to the Republican-controlled Senate, which is expected to pass some version of the proposal. The Senate Tax and Fiscal Policy Committee endorsed the plan on a 9-3 vote after four hours of public testimony, […]
A fire that destroyed a six-story apartment complex under construction along the downtown Indianapolis canal last week was ruled an arson today. The fire gutted the $28 million Cosmopolitan on the Canal project that had been nearing completion and spread onto the roof of the adjacent headquarters of the Historic Landmarks Foundation of Indiana, causing […]
The number of new housing projects that builders broke ground in February rose sharply, defying economist forecasts for yet another drop in activity. The Commerce Department reported today that construction of new homes and apartments jumped 22.2 percent from January to a seasonally adjusted annual rate of 583,000 units. Economists were expecting construction to drop […]
A local homebuilder is pressing forward with plans to build a “green” residential development in Zionsville, despite the troubled economy. Kai Yu of Kai Yu Home Builders LLC is planning to build 22 custom, single-family homes priced between $500,000 and $1 million on nearly 18 acres of land along Turkey Foot Road, five miles north […]
