Locally, the Capital Improvement Board is swimming in red ink and trying to figure how to fund our glistening sports venues-Lucas Oil Stadium, Conseco Fieldhouse and Victory Field. The Indiana Pacers report losing money nine of the last 10 years. And this year’s team seems to be sliding toward a spot in the NBA draft […]
U.S. businesses slashed inventories in December by the biggest amount in seven years as they coped with plunging sales in a dismal holiday season. The Commerce Department reported today that inventories fell 1.3 percent in December, far worse than the 0.9 percent decline analysts expected. It was the largest cut since the record 1.5 percent […]
U.S. businesses slashed inventories in December by the biggest amount in seven years as they coped with plunging sales in a dismal holiday season. The Commerce Department reported today that inventories fell 1.3 percent in December, far worse than the 0.9 percent decline analysts expected. It was the largest cut since the record 1.5 percent […]
The number of people requesting first-time unemployment benefits dropped slightly last week, but remained near a 26-year high as companies laid off thousands of workers amid a deepening recession. The Commerce Department said today that the number of initial jobless benefit claims dropped to a seasonally-adjusted 623,000, from an upwardly revised figure of 631,000 the […]
Dan Krajnovich thinks UnitedHealthcare’s new and improved swipe cards will help his company add more doctors to its network of providers, boosting its competitiveness in the marketplace. The cards, which can be swiped through any credit-card style reader, gives providers access to a secured UnitedHealthcare Web portal that includes a patient’s past medical claims, specifics […]
Now that smokers are mostly banished to the outdoors, thereâ??s a new work place pariah â?? those who show up
coughing, sneezing and otherwise obviously sick.
In the not-so-recent past, failing to make it to work while under the weather could be…
Swamped by financial losses that go back to the time Herb and Mel Simon bought the Indiana Pacers in 1983, team officials
are now looking for a new game plan—one that may involve financial assistance from taxpayers and visitors.
These days, local musicians can record cheaply at home and distribute their music inexpensively, and tracks can be sent digitally to critics and bloggers.
Despite assurances of strength, Simon Property Group Inc. has decided to pay 90 percent of its dividend in stock, a move that allows the company to hold onto $925 million in cash this year but could alienate shareholders drawn by the dividend.
Swamped by fi nancial losses that go back to the time Herb and Mel Simon bought the Indiana Pacers in 1983, team officials are now looking for a new game plan-one that may involve fi nancial assistance from taxpayers and visitors. Apparently, not even housing the team in the much-ballyhooed Conseco Fieldhouse or a trip […]
Simon Property Group Inc. CEO David Simon hasn’t lost his swagger in the ugliest retail environment of his career. During a conference call with Wall Street analysts Jan. 30, Simon touted his fi rm’s conservative balance sheet and best-in-class mall portfolio. Responding to a question about how the company is handling retail store closings, he […]
A judge sided with Indiana regulators today and placed the financial assets of the estranged wife of indicted, parachuting money manager Marcus Schrenker into receivership, where bilked clients might recover some of their losses. The judge in suburban Hamilton County ordered the assets of Michelle Schrenker frozen and controlled by a court-appointed receiver. He issued […]
A man is behind bars this morning after police say he reported a vacant house fire that he set himself. Firefighters were called to the 1200 block of North Sheffield Avenue about 12:30 a.m. by someone inside the house who said the walls were burning. Crews reported smelling gasoline in the home’s top floor after […]
Police continue to investigate a deadly crash on Interstate 69 yesterday that involved more than 30 vehicles and killed three people. The chain reaction started after a fire truck was hit by a passing car. Investigators say yesterday’s snow was an obvious factor, and some drivers were going too fast for the conditions. Two of […]
A new lawsuit claims African-Americans aren’t treated fairly when it comes to hiring and promotions within the Indianapolis police and fire departments. More than 30 minority officers and firefighters signed on to the suit, which claims current promotions criteria leave black officers stuck in low-ranking jobs longer than white officers. A group of white officers […]
Winter storms that crippled parts of the Midwest recently prompted Emmis Communications Corp. CEO Jeff Smulyan to again call on cell phone manufacturers to install radio receivers in their units. If cell phones had FM receivers, Smulyan argued, radio stations could have served an even wider audience searching for updates on the weather, road conditions […]
Winter storms that crippled parts of the Midwest recently prompted Emmis Communications Corp. CEO Jeff Smulyan to again call on cell phone manufacturers to install radio receivers in their units. If cell phones had FM receivers, Smulyan argued, radio stations could have served an even wider audience searching for updates on the weather, road conditions […]
Business owners along the fabled Gasoline Alley north of Rockville Road think a proposal to close a north-south road linking
them to the front door of the Indianapolis Motor Speedway will have devastating effects.
Obesity and smoking rates are little changed since Indiana Gov. Mitch Daniels took office in January 2005.
Saving money may be the bottom-line reason for reforming local government, but that’s only one of the benefits.
