Articles

Simon layoffs would jeopardize HQ incentive deal

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.

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Cultural institutions fear bear-market toll

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.

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Stern’s definition of ‘golden age’ is laughable

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.

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State needs more unemployment analysis, stats

How are the economic development professionals in each Indiana county supposed to do their jobs when they don’t get quality statistics like those provided to professional sports managers and coaches?

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Union says Navistar foundry closing a surprise

United Auto Workers officials are hoping to find a way to keep open the foundry that has been associated with an east-side engine plant for 70 years, despite Navistar International Corp.'s plans to close both facilities by July 31.

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Turmoil forces National City sale

After a 17-year run in Indianapolis, National City’s trademark green signs are set to be replaced with the blue of Pittsburgh-based
PNC Financial.

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Big Three automakers stay alive

The weakest of the Detroit Three, Chrysler LLC and General Motors Corp., said they would run out of cash in 2009, potentially
eliminating tens of thousands of jobs in Indiana alone.

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