In Indianapolis and around the country, congregations that expanded before the recession are now taking drastic measures,
including budget cuts that have resulted in layoffs, salary reductions and giving less to charities.
Barney Levengood, executive director of the financially-struggling Capital Improvement Board, is one of the state’s highest-paid public employees, and some wonder if his pay should be cut.
Struggling developer Lauth Group Inc. has cut about 90 percent of its staff and lost control of part of its portfolio to a
major equity partner-developments that raise doubts about whether the locally based company can survive the recession.
During one of the worst markets for real estate in decades, at a time when developers of all sizes are shedding employees, officials with Simon Property Group Inc. continue to insist they have had zero layoffs.
With economists predicting the statewide unemployment average will reach 10 percent this year, the experience of a hard-hit
city like Connersville offers a glimpse of what lies ahead for other manufacturing-reliant Hoosier communities.
Bill York, who has worked in the Indianapolis Motor Speedway press room since 1958, is no longer with the Brickyard.
Though I’m an economist, and not much skilled at matters of the heart, it seems to me there’s something amiss in today’s national psyche. There’s no real sense of purpose or unity. For those of us old enough to have had very close relatives who lived through the Great Depression, today just feels different from […]
Compared to most of the rest of the state and nation, Indianapolis is an occupational dynamo.
House Bill 1338 introduces a change to many (but not all) of our state’s tax incentives, adding what is known as a “clawback” provision, offering a reasonable and fair adjustment to our current tax incentives.
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.
The scenario for area art institutions could darken considerably in 2010, 2011 and 2012, as cultural institutions fully account for devastating investment losses in their endowments â?? a key source of income.
Indiana leaders need to focus on the increasing gap between the average wage in Indiana and in the nation.
This week I’m going to be
your own, personal Pollyanna and try to cheer you up with some good news.
As job losses accelerate in the worst recession in a generation, it’s becoming tougher and tougher for even well-educated,
experienced professionals to find work �¢?? or at least to find a job in the area and at the pay they want.
Raising the taxes to 5 percent-6 percent for a company like mine would be devastating, even though I have few employees.
Of this, that and the other while wondering if NBA Commissioner David Stern had just taken a hit off Michael Phelps’ bong
when he proclaimed this to be "the golden age of basketball" during his all-star weekend news conference in Phoenix.
Two-year-old tech startup Compendium Blogware has launched its first out-of-state sales force and said it signed on 70 new
customers in the fourth quarter.
GM workers must decide by March 24 whether to take a buyout, but the lack of jobs due to the recession coupled with the cost of health care makes their decision especially difficult.
