ISTA wants schools to tap reserves, rainy day funds
State teachers union’s recommended approach differs sharply from spending cuts and salary freezes recommended by the Indiana
Board of Education.
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FEIGENBAUM: Bills flying through Legislature at Castroneves’ pace
At a torrid pace, major pieces of legislation are flying
through the Indiana General Assembly, leaving lawmakers with an envious decision: Adjourn early and make Hoosier voters happy,
or stick around and devote attention to other major issues that deserve close scrutiny, but receive short shrift in sessions
bogged down by battles over high-profile partisan matters.DOUGLAS: Regulate the raters, but not too much
In Washington, the Senate Banking Committee is considering far-reaching legislation regulating the financial services
industry in the wake of the recent and ongoing crisis. This legislation will dramatically change the relationship between
the federal government and some of our financial institutions.MARCUS: Opportunity to Think in Elkhart County
Maybe Elkhart County needs to ask itself if there is long-term economic value
in being the RV or even the electric-vehicle capital of the nation.Brizzi silent on controversy as he opts against 3rd term
The written statement Carl Brizzi released Thursday saying he will not seek a third term as Marion County prosecutor makes
no reference to the controversy surrounding his business and personal ties with embattled Indianapolis financier Tim Durham.Adversity prepared health exec for new role at helm of SynCare
Stephanie DeKemper believes everything in her adult life has prepared her to run SynCare LLC. She’s so
sure that she’s buying the company.Venue-management titans emerge as CIB front-runners
Experts say a unique four-way partnership that includes the Pacers and Indianapolis Convention & Visitors Association may be the favorite to run the city’s sports and
convention venues.Health care spending slows in most sectors, but government spending increases
Health spending is growing slower than it has in 48 years, but whether health care reform will continue the trend is the
subject of debate here and around the country.Health spending slows even before reform
Health spending is growing slower than it has in 48 years—but that’s better news for businesses and households
than it is for governments. Whether health care reform will continue the trend is an open question.Grass-roots groups prepare to fill gaps in health care reform
Legislation set to come out of Washington will not change the most fundamental problems of the health
care system, leaving it up to states, cities and companies to figure out what to do about it.FEIGENBAUM: Early committee hearings were mostly theater
The December hearings by Indiana General Assembly committees focused on issues that legislative leaders designated as
key session priorities, but the committee work was largely unremarkable, with predictable testimony derived from the usual
suspects.Government moves closer to fresh aid for GMAC
The new infusion would be in the range of another $3 billion, short of the roughly $6 billion the government had earlier thought
GMAC would need to stabilize the company.Some of city’s most successful money managers are father-son teams
All parents hope to teach their kids the value of money. Few end up successfully investing hundreds of millions of dollars
together. But for a handful of top local teams, wealth management is a family affair.FEIGENBAUM: Expect uncertainty in the 2010 General Assembly
About the only certainty for the upcoming legislative session is that it will be over in March.
Obama reforms not necessarily dire for Sallie Mae in Indiana
The plan to nationalize the federal student loan program threatens to force Sallie Mae
to hack its network of 26 offices down to five. Yet the company’s Indiana operations have several advantages that could
help weather the cuts.Greenfield chain makes gas stations a family affair
In high-turnover industry of gas stations and convenience stores, Greenfield-based GasAmerica builds loyalty under the guidance of CEO Stephanie White-Longworth.
Top local money managers hedge against stagflation
Faced with the potential for another bout with stagflation, investment managers are scrambling to decide how to face a future when markets may again be thrown into turmoil by the two-headed monster of frisky price increases and crummy economic conditions.
Memo: Unpaid contractors demanding payment from Premier Properties
Premier Properties USA Inc. is scrambling to keep up with bills for basic services including snow removal,
security and interior design—more signs of financial troubles for the developer of Metropolis in
Plainfield and the proposed Venu project in Indianapolis.SPECIAL REPORT: Financial travails dog ‘mystery man’ at helm of Premier Properties
An IBJ review of hundreds of pages of public records shows Christopher P. White and his Premier
Properties USA Inc. are facing major financial and legal challenges. The most glaring signs of trouble: Contractors have filed
more than $3.5 million in liens against Premier’s retail properties in Plainfield; the state of Indiana is trying to
recover $375,000 in sales taxes on White’s airplane; and the contractor who renovated his Lake Clearwater mansion
is suing him to recover more than $600,000 in unpaid bills.Catholic-owned builder edges into Indianapolis
When Sisters of St. Francis Health Services Inc. bought Tonn and Blank Construction Co. in 1998, more
than one employee of the Michigan City firm wondered what it would be like to be run by a Roman Catholic
order that not only owned a string of Midwestern hospitals but also traced its spiritual heritage to
a 12th century mystic.