NCAA tourney results kind to Indy
One of the biggest winners in the first two rounds of the men’s NCAA basketball tournament: Downtown Indianapolis restaurants, hotels and other local businesses, not to mention those counting on event revenue to…
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Colts show interest in drafting QB
If a tree falls in a forest, and no one is there to hear it, does it make a sound? Ball State’s Nate Davis might be asking that very question this week. His pro…
Izod touts IRL promo amid worries
New York-based Phillips-Van Heusen Corp. will roll out its new Izod/Indy race-inspired clothing collection in Macy’s stores nationwide in April. The launch will be accompanied by a national multi-million dollar advertising campaign as…
Lilly Endowment gives $20M to Fort Wayne group-WEB ONLY
Lilly Endowment Inc. will give $20 million to an affiliate of the Community Foundation of Greater Fort Wayne to develop workforce-training initiatives, the Indianapolis-based endowment announced today. The aim of the program, dubbed Talent Opportunity Success, is to better prepare northeast Indiana’s workforce for job opportunities in the areas of science, technology, engineering and mathematics. […]
Hoop dream: Big economic impact
Today starts a big four-day weekend for Indianapolis. Given the sports-business strategy this city is built on and the soft economy, this weekend dotted with NCAA and high school state championship basketball events…
Louisville promoters invading Indy turf-WEB ONLY
One visitor to this weekend’s Sweet 16 basketball tournament in Indianapolis won’t be as welcome as other guests and, in fact, may be considered a downright intruder. The University of Louisville Cardinals play the University of Arizona Wildcats tomorrow evening at Lucas Oil Stadium in the NCAA men’s basketball tourney. Louisville tourism leaders are taking […]
Businesses hope for NCAA economic boost-WEB ONLY
The NCAA tournament is expected to pump more than $7 million into the local economy, and some downtown business owners are counting on that cash to help them through the recession. Downtown officials say Indianapolis caught a big break in the way the tournament has shaped up. With a shorter travel time, fans of teams […]
State seeks way to bail out debt-ridden CIB-WEB ONLY
State lawmakers are looking for ways to bail out the financially struggling group that runs professional sports stadiums in Indianapolis. The Indianapolis Capital Improvement Board is facing a $35 million deficit in its operation of Lucas Oil Stadium, Conseco Fieldhouse, Victory Field and the Indiana Convention Center. The board is already $20 million short this […]
BEHIND THE SCENES APA COMPETITION-WEB ONLY
This week, one of the Midwest’s most unusual music contests swings into high gear with the start of the final round of the American Pianists Association’s 2009 Classical Fellowship Awards. Staged every three years by the Indianapolis-based APA, the Classical Fellowship Awards are structured to minimize the tension of head-tohead combat by stretching the competition […]
Hiring goals on track-WEB ONLY
The hiring of minority- and women-owned businesses to work on the $275 million Indiana Convention Center expansion is far ahead of state requirements and has surpassed rates that were registered for the $715 million Lucas Oil Stadium project. More than 28 percent of the $215 million in bids awarded so far has gone to minority- […]
Road less traveled suits Indy Power-WEB ONLY
By 2007, the technology for electric cars had evolved such that banker Steve Tolen had formed a company to build and sell one using off-the-shelf parts. Or so he thought. He couldn’t find a power control system that could handle the mix of different battery types he wanted for his electric car. Without that mix, […]
A&E Block party: Going Lego at the Children’s Museum-WEB ONLY
My intention on my latest visit to The Children’s Museum of Indianapolis was to check out the new “Star Wars: the Clone Wars, the Exhibition,” but I found little of interest there to anyone but the hard-core fan. While I appreciate that not everything at the largely hands-on local treasure can be interactive, I was […]
Indians buck recession, score more sponsor dollars-WEB ONLY
At a time when many professional sports teams are seeing their revenue drop in the wake of a rocky economy, the Indianapolis Indians are driving in runs. The AAA minor-league baseball team’s sponsorship revenue this year has already nearly matched what the franchise brought in all of last year, and could be on its way […]
Luck running out?-WEB ONLY
Hoosiers’ long ride on the gambling gravy train finally may be coming to an end. Casinos have swelled into a $2.7 billion industry here – one that paid $838 million in state and local taxes last year and ranked as the third-largest revenue source in the Indiana budget. That tax take has risen 126 percent […]
A&E: Block party: Going Lego at the Children’s Museum-WEB ONLY
My intention on my latest visit to The Children’s Museum of Indianapolis was to check out the new “Star Wars: the Clone Wars, the Exhibition,” but I found little of interest there to anyone but the hard-core fan. While I appreciate that not everything at the largely hands-on local treasure can be interactive, I was […]
SPORTS: Big Ten Network trades controversy for success-WEB ONLY
For sure, I’m not to the point where I’m setting my DVR to record Northwestern-Minnesota field hockey. In fact, I’ll never be to that point. But increasingly, my itchy remote control finger is punching up the Big Ten Network. Less than two years after its audacious launch, the Chicagobased BTN has expanded into more than […]
April 17 revenue forecast to drive final days of General Assembly session
Most of the critical work of this state legislative session will occur after April 20, because only then will the General
Assembly have a revenue projection for the next biennium.Benefits mergers on the increase
Benefits brokers and agents—facing increasing demands from employers and declining commissions—are merging at an
accelerating
pace.State’s gambling jackpot may have reached its limit
Hoosiers’ long ride on the gambling gravy train finally may be coming to an end.
Indy Power drops electric-car focus for more lucrative control boxes
After a stint making parts for electric cars, Symphony Motors recently became Indy Power Systems, changing course to make power control boxes for a variety of vehicles and also industrial and military applications.