Fight brews over liquor distribution in Indiana
A Florida firm is suing to overturn Indiana’s resident-ownership law regarding liquor.
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Articles
Workplace smoking policies move backward
The bill in question seems like a long shot. It would abdicate government’s responsibility for protecting citizens’ health
and safety, and place it in the hands of individual business owners.Credit crunch creates bond crisis for CIB
The Capital Improvement Board’s $43 million in debts must be settled soon, or the entity may not be able to survive.
Arts leaders brainstorm for new funding streams
A panel convened by IBJ discusses the lack of funding dilemma and need for broad-based support in the Indianapolis arts community.
CIB failure isn’t an option
Creativity and transparency are required to fix the Capital Improvement Board’s financial woes.
NFP of NOTE: Fairbanks
Fairbanks is focused on recovery from alcohol and other drug problems, serving as a resource to improve the well-being
of individuals, families and communities by offering hope and support through its programs and services.CIB IN CRISIS No simple fix for $50M hole-WEB ONLY
Click here to learn more about the CIB’s bond troubles. The Indianapolis Capital Improvement Board revealed just days ago that it will cost nearly $50 million annually to get the organization’s books back into the black. Now, the question is whether professional sports teams or taxpayers will foot the bill-a debate that’s already raging behind […]
Fieldhouse flop?-WEB ONLY
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 […]
NASA contracts soaring-WEB ONLY
Indiana’s share of NASA spending amounts to little more than a shiny penny at the bottom of a clothes dryer. Only $130 million made its way to the state in 2007-virtually nothing compared to the $12 billion the space agency doled out to all states and the $5 billion Indiana companies snagged from the U.S. […]
EDITORIAL: CIB failure isn’t an option-WEB ONLY
These are scary times for the Capital Improvement Board, the entity that owns the city’s major sports venues and the expanding, and increasingly vital, Indiana Convention Center. Saddled with the prospect of a $50 million shortfall in the next few years, CIB is scrambling for a plan to stay solvent. The temptation to lay blame […]
Fight brews over liquor distribution-WEB ONLY
The nation’s largest liquor distributor is suing the state in hopes of overturning an arcane law that requires distributors doing business here to be owned by Indiana residents. Southern Wine & Spirits of Indiana Inc., part of a Miami-based company that does business in 30 states and distributes about 20 percent of the country’s booze, […]
Credit crunch creates bond crisis for CIB-WEB ONLY
There’s so much red ink on the Indianapolis Capital Improvement Board’s books that accounting firm BKD LLP is evaluating whether it can continue as a “going concern.” That’s the bean counters’ term for making a professional judgment about CIB’s ability to keep operating, or if instead it must go out of business and liquidate its […]
Anderson wants Colts Camp
Just about every community within 50 miles of Indianapolis has made one pitch or another to attract the Indianapolis Colts’ annual pre-season training camp. The three-week camp brings hundreds of players and coaches…
Herron High to get remnant of RCA Dome-WEB ONLY
A section of roof fabric from the demolished RCA Dome will be used as a tarp to cover the old Herron School of Art’s so-called “main building” until Herron High School can afford to repair the dilapidated structure. Herron High, a charter school that is not affiliated with IUPUI’s Herron School, purchased the building and […]
Baldwin & Lyons dinged by investment losses-WEB ONLY
Investment losses overshadowed an increase in premiums written by Indianapolis insurer Baldwin & Lyons Inc. last quarter, dropping its profit to $100,000 despite operating income of $7.8 million. The company posted investment losses of $7.7 million, which it attributed to global market woes. Its 1-cent-per-share profit compares to $1.34 posted in the fourth quarter of […]
Baldwin & Lyons dinged by investment losses-WEB ONLY
Investment losses overshadowed an increase in premiums written by Indianapolis insurer Baldwin & Lyons Inc. last quarter, dropping its profit to $100,000 despite operating income of $7.8 million. The company posted investment losses of $7.7 million, which it attributed to global market woes. Its 1-cent-per-share profit compares to $1.34 posted in the fourth quarter of […]
Grant could boost IMA’s national reputation-WEB ONLY
Art conservators are like Santa’s elves, working anonymously and unseen on objects that bring great joy to other people. But instead of toys, conservators concentrate on the paintings and objects that can make their museums renowned. So the excitement in Conservator-in-Charge David Miller’s voice wasn’t surprising after he learned yesterday that the Indianapolis Museum of […]
Conservation grant could boost IMA’s status-WEB ONLY
Art conservators are like Santa’s elves, working anonymously and unseen on objects that bring great joy to other people. But instead of toys, conservators concentrate on the paintings and objects that can make their museums renowned. So the excitement in Conservator-in-Charge David Miller’s voice wasn’t surprising after he learned today that the Indianapolis Museum of […]
Emmis CEO uses storm to pitch radio cell phones-WEB ONLY
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 […]
Emmis CEO uses storm to advocate radio cell phones-WEB ONLY
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 […]