
CIB optimistic about finances post-pandemic
The Capital Improvement Board of Marion County is working to balance its budget and rebuild its reserves after a year in which it fell $40 million into the red.
The Capital Improvement Board of Marion County is working to balance its budget and rebuild its reserves after a year in which it fell $40 million into the red.
Economists thought economic turmoil caused by the COVID-19 pandemic would cause bankruptcy filings to surge. Instead, they’ve plummeted, which is forcing bankruptcy practitioners across the state to cut costs or find other work to fill the void.
Washington Prime Group, a Simon Property Group spinoff that owns several other local shopping centers, barely missed defaulting on a $23.2 million interest payment this week before securing a forbearance agreement that ends on March 31.
In this week’s podcast, Peter “Pete the Planner” Dunn says parents aren’t doing their adult kids any favors when they share details about their net worth or estate planning. In fact, doing so can cause far more problems than it solves.
Toledo-based Republic Development Corp. and Carmel-based J.C. Hart Co. plan to build a 219-unit apartment complex, a 295-space parking garage and 5,295 square feet of first-floor retail in Noblesville’s downtown, on the east bank of the White River.
Passenger traffic at the airport is expected to be 45% lower in 2020 than last year, but airport leaders say they are confident they can keep the organization’s finances stable.
Peter “Pete the Planner” Dunn breaks down the factors you must consider when building up your retirement nest egg.
Since January, no-touch payments have increased at 69% of retailers surveyed by the research firm Forrester on behalf of the National Retail Federation. And two-thirds of retailers surveyed now accept some form of no-touch payment.
We all know that restaurants have been devastated by the pandemic. Some have closed, and Pete predicts more are about to. He suggests determining how much you can afford to help and then spending that cash at two or three restaurants that are meaningful to you.
After months of lockdown during the pandemic, many have become aware of the failings of their homes. Whether you want a cosmetic update or think your home may have a more serious problem, how to pay for a renovation may be your main concern.
Our determination to make the optimal choice means we’re often plagued by buyer’s remorse as well as decision paralysis.
Amid the widespread economic disruption caused by the pandemic, banks have already granted payment deferrals of up to six months to a significant number of commercial and individual borrowers.
The city plans to spend $3 million on infrastructure, lighting and beautification projects in the area, using funds generated within the TIF district.
More than two dozen of the state’s 51 public companies posting double-digit percentage gains in the first quarter.
The approval means roughly 425 stores and 45,000 jobs will be preserved, at least for now.
Debt-burdened FullBeauty Brands has a restructuring plan ready to go that would turn over ownership to its creditors. But a federal trustee wants to tap the brakes.
The pay gains suggest that employers are increasingly competing for a limited pool of workers. Raises stemming from minimum wage increases in 18 states also likely boosted pay last month.
Despite slipping sales and lost market share, the Elanco animal-health unit is strong and the time is right to explore selling or spinning it off, Eli Lilly and Co. officials said Tuesday.
The trucking giant is canceling its $28 million Mount Comfort headquarters, selling its flatbed unit, and outsourcing its driver schools, to refocus on core business as the industry is expected to boom.
In 2006, when Sun Capital Partners bought Marsh Supermarkets, the bet looked risky at best.