Clear signs emerged in 2009 that the Hoosier gambling market is oversaturated.
Major credit rating agencies expressed concerns that several casinos, including the state’s new horse track “racinos”
on the outskirts of Indianapolis, might go bust before the year was finished.
The past year has been mighty unkind to the Capital Improvement Board, the entity charged with operating the city’s
professional sports venues and Indiana Convention Center.
Mark Schroeder, CEO of Jasper-based German American Bancorp, was one of just 12 community bankers who talked shop Tuesday
with the president and Treasury secretary.
The decade witnessed a massive terrorist attack, two wars, and a building-and-buyout boom fueled by easy credit.
Greenwood and White River Township officials advance a plan that would create Indiana’s sixth-largest city, if residents
approve it May 4.
The 131,000 jobs lost
in the 12 months ended in November amounted to a 7.2-percent decline and were nearly equivalent to the combined populations
of Carmel and Fishers.
The Indiana Commission for Higher Education said state colleges and universities need to find new ways to be efficient—without
new tuition hikes—to cope with spending cuts ordered by Gov. Mitch Daniels.
An electric vehicle manufacturer says it is considering starting operations in northern Indiana’s Elkhart County.
The U.S. economy grew at a 2.2 percent pace in the third quarter, as the recovery got off to a weaker start than previously
thought.
However, signs suggest the economy will end 2009 on stronger footing.
The U.S. economy started the year in free-fall but is on track to end 2009 on stronger footing.
The Indiana Commission for Higher Education hopes to present recommendations for cutting state spending for colleges and universities
to Gov. Mitch Daniels by Tuesday or Wednesday.
High demand for ethanol in 2007 and 2008 sent commodity prices to a record level, which could make taxes spike.
Delphi Corp. brought some good news to the beleaguered city of Kokomo on Friday, announcing plans open a production facility
there, creating about 190 jobs by 2014.
Indiana’s unemployment rate ticked downward in November, falling to 9.6 percent, the Indiana Department of Workforce Development
said Friday morning.
Carl Brizzi partnered on a bank branch, took an ownership interest in an office building and flipped condos.
The Indiana General Assembly is taking its first steps toward restructuring Hoosier gambling law.
Dale Cheatham, who starts work Jan. 4, was city manager of The Colony, Texas, a growing community of
40,000, for eight years. Before that, he spent four years as city manager of Watauga, Texas.
Indianapolis Mayor Greg Ballard’s administration has chosen five local contractors to run 12 municipal golf courses for
the next 10 years, and expects to get $6.3 million in capital improvements out of the deal.
The Labor Department said Thursday that the number of new jobless claims rose to 480,000 last week, up 7,000 from the previous
week.
Gov. Mitch Daniels says struggling cities like Gary should think about merging with other local governments to cut their costs.
