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Republicans and Democrats in the Indiana House had plenty to disagree about before they voted down a proposed state budget, forcing a special legislative session. But in the thick of talks over state spending, a heated debate emerged about whether the growth of charter schools should be limited. That discussion will likely continue as lawmakers […]
The Historic Landmarks Foundation of Indiana has added four new structures and an architectural feature to its annual list of the 10 Most Endangered Hoosier landmarks. Additions…
TV spots for Steak n Shake Co. used to play up the chain’s full-service restaurants, complete with friendly servers, real plates
and glass ketchup bottles—a departure from the "workaraunts" operated by McDonald’s and Burger King. Now, Steak n Shake is developing plans for its own workaraunts.
Critics say the Legislature’s plan to shore up the insolvent Indiana Unemployment Insurance Trust Fund places the bulk of the financial
burden on already ailing businesses with the least ability to pay.
Compared with some of his pharmaceutical CEO peers these days, John Lechleiter has his company on a diet. Instead of using a mega-merger to bulk up before the famine that patent expirations will bring on the industry next year,
Lechleiter has Eli Lilly and Co. burning management fat while looking for smaller companies to munch on.
It took Pete and Candace Kissinger 33 years to build West Lafayette-based Bioanalytical Systems Inc. into one of the largest
contract research firms in Indiana’s life science sector. It took just a year and a half for them to turn against the company’s new management.
Indianapolis residents have been passionate about Ritter’s handmade frozen custard ever since it debuted almost two decades
ago. But while the ice cream is sweet, the story of the former mom-and-pop company’s attempts to morph into something grander
is decidedly bitter. Now, New York-based TruFoods, which bought the company in May 2008, is trying to get the formula
right.
Though plagued by debt, Allison Transmission recently plowed millions of dollars into experimental technology that could lead
to new products.
On the menu of Indiana’s economic development initiatives, the logistics industry has had all the appeal of truck stop coffee.
Meanwhile, the information technology and life sciences sectors—and recently clean tech—have had everyone salivating. Logistics, however, is cooking up a new strategy.
Lawmakers sometimes do their best work right after an election, when they have a fresh victory in hand and can think beyond
their political self-interest. Not this time.
In the last six months we have been concerned with falling numbers—sales, stock prices, 401(k) values, the bottom line. More
recently, however, I have been concerned with rising numbers—blood pressure, cholesterol, prostate antigens, the waistline.
Last week the U.S. Bureau of Economic Analysis released its estimates of county personal income and all the detail comprising
those data.
Most of us were taught to give thanks to those who do well and make our lives better. Some of us would like to give our hearty
thanks to Mel and Herb Simon and their families for all they’ve done in our community and statewide.
With the economy struggling, tax receipts falling and federal deficits soaring, there’s more pressure than ever for government
cost-cutting. Yet most Indiana local government-reform efforts have died an ignoble death in two consecutive legislative sessions.
Why?
You wouldn’t have expected it going into the final week of the Indiana General Assembly, but we’re headed for a special legislative
session.
Indy Racing League founder Tony George dropped a bombshell in December when he told an industry group that he would shut down
the open-wheel series if it didn’t break into the black soon.
A decision by a startup Formula One team to set up shop in Charlotte, N.C., is fueling debate over whether Indianapolis still
is the self-proclaimed "motorsports capital of the world."
Investors today are dealing with a variety of calculation problems when attempting to determine if stocks
are attractive values. Some of the more common ratios and statistical measures that investors regularly employ to value businesses
become skewed in an economic downturn.
Hard times present a fitting opportunity for communities to engage in useful self-reflection. In this case, deep thinking on the regional economy could best be served by focusing on the fundamentals first, not the outcomes.
