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Growth in the Midwest manufacturing sector was stable in January and February, the Federal Reserve Bank of Chicago reported today in its Beige Book report. Manufacturers tied to aircraft, cranes, energy extraction and mining flourished, the Fed said. Steelmaking, aided by the low price of the dollar, was close to full production. However, makers of […]
Blame it on the weather. Blame it on the familiarity of the material. Blame it on the lack of a name star.
But there were empty seats at last night’s opening of “My Fair Lady.”
It’s a shame, because unlike many other…
Brownsburg-based Roark Custom Titanium Bicycles got a big marketing boost from a man from outer space–figuratively and literally. In its annual buyer’s guide published last month, VeloNews, one of the nation’s largest cycling…
You probably arenâ??t begrudging farmers and others for the record farmland prices theyâ??re enjoying.
But those prices wouldnâ??t be so high if the ethanol plants popping up across Indiana and elsewhere in the
Midwest werenâ??t using so much corn.
Now weâ??re…
Indiana farmland values skyrocketed to record levels last year, according to the most recent survey of agricultural lenders by the Federal Reserve Bank of Chicago. Prices in the northern two-thirds of the state shot up 6 percent in the fourth quarter and 16 percent in 2007. Southern Indiana was not included in the survey because […]
A new report by a Washington, D.C., think tank shows 25 states expect budget shortfalls in their 2009 fiscal
years. Illinois and Kentucky are on the list issued by the Center on Budget and Policy Priorities, but Indiana
isnâ??tâ??at least…
The Los Angeles Times has decided it doesn’t need a full-time dance critic and so Lewis Segal is now out of a job.
What does that matter to you?
Well, it’s no secret that daily newspapers are placing less emphasis on arts…
Recently released data shows NASCAR’s Daytona 500 is still miles ahead of the Indianapolis 500 in terms of value the race delivers to sponsors. But, with the unification of the Indy Racing League…
Herff Jones Inc., the Indianapolis company that makes high school rings, yearbooks and other educational products, has acquired a St. Petersburg, Fla., maker of religious, academic and judicial robes. Terms of the deal were not disclosed. Murphy Cap & Gown Co., the nation’s leading religious robe company, will be added to Herff Jones’ cap and […]
The owners of Delaware News Co., one of the city’s last remaining old-school newsstands, are getting out of the business after more than a dozen years. Phil…
Two women accused of purchasing houses, recruiting buyers and then falsifying documents so lending companies would pay more than the houses were worth have been charged with mortgage fraud, the U.S. Attorney’s Office for the Southern District of Indiana announced today. Beverly Ross and Donella Locke, both of the Indianapolis area, were indicted by a […]
Investors rewarded locally based Finish Line Inc. today for wiggling out of its $1.5-billion acquisition of Genesco Inc., but punished shares of the Tennessee mall retailer. Finish Line traded at $3.75 late this morning, up 92 cents, or 33 percent, on the day. Genesco traded at $24.09, down $5.86, or 20 percent. The plunge shaved […]
Jill Long Thompson said this morning that if she is elected governor, she will focus economic development policy on broad issues, including expanding tax incentives, reforming health care and education policy. Thompson, a former congresswoman and agriculture undersecretary who faces Indianapolis architect Jim Schellinger for the Democratic nomination, said incumbent Gov. Mitch Daniels has focused […]
Duke Energy Corp. is questioning a recent study from University of California-Santa Barbara economists that found Indiana’s switch to daylight-saving time cost the power company’s customers an extra $8.6 million in 2007. The Charlotte, N.C.-based company, which operates in the southern and central parts of Indiana, issued a statement late Friday urging Hoosiers to draw […]
For me, the weekend meant visiting the new Children’s Theatre Institute on North Keystone, screening more films in advance of the Indianapolis International Film Festival (early predication: “Operation Filmmaker” will be a fest favorite), and trying my hand at paper…
Finish Line Inc. and Genesco Inc. are close to a settlement that would cancel the Indianapolis company’s $1.5 billion acquisition of the Tennessee retailer. The two firms this morning asked a New York City federal judge for a one-day delay to a trial that was set to start this morning over whether Swiss financial giant […]
Indianapolis-based Village Pantry Inc. has acquired nine convenience stores in central Ohio from Petro Acquisitions Inc. Village Pantry said the AmeriStop Market stores would be rebranded as Village Pantry. They were owned and operated by Petro, which is headquartered in the Cincinnati suburb of West Chester. In October, Village Pantry bought 33 convenience stores in […]
Competition to host the 2012 Super Bowl suddenly has become a lot tougher. Last week, officials for the city of New Orleans and New Orleans Saints said they are set to bid for the big game, thrusting the hurricane-battered city…
College and university foundations have been raking in the dollars in the past few years due to big investment
returns. Millions of dollars have flowed in.
As IBJ reporter Tracy Donhardt wrote in this weekendâ??s paper, critics say more of…
Indianapolis-based Peerless Pump Co. has acquired Flometrico Ltd., its main distributor in Canada, for an undisclosed price. Flometrico, which was sold by an owner who is retiring, is headquartered in suburban Toronto. Peerless said March 1 that the deal adds a base it will use to grow in Canada, and that key Flometrico employees have […]
