JANUARY 3-9, 2011
This week, read about a group of young entrepreneurs that meets monthly to share war stories (and watch a video of its most recent gathering), and learn why Goodwill thrift stores are angling for more donations. Also, find some good news about the Indianapolis Indians and see what Ed Feigenbaum has to say about the upcoming legislative session.
Front PageBack to Top
Arts endowments bouncing back
The stock market’s recovery has lifted endowments that provide major support to local arts groups, but managers are keeping the conservative attitude they were forced to adopt two years ago.
Read MoreState’s next economic initiative to revolve around military
Indiana economic-development officials are in the beginning stages of forming a marketing initiative—dubbed the Indiana Center for Complex Operations, or ICCO—to market the state’s budding defense sector.
Read MoreIndianapolis startup scene gains momentum
About 200 members of the Hackers and Founders group meet monthly—perhaps the most clear and strong signal that Indianapolis’ young entrepreneur community is reaching a tipping point.
Read MoreTop StoriesBack to Top
Goodwill angles for donations during weak economy
The recovering, yet-still-weak economy puts charity retailer Goodwill in a sweet position. Consumer spending is up, so more old stuff makes its way to thrift stores. At the same time, high unemployment means the bargain hunters are still out in force.
Read MoreIndy Power sees big potential in grid power storage
Three-year-old Indy Power Systems’ first big sale is outside the sizzling, electric car segment. The Noblesville firm has landed a contract with Melink Corp. to supply a 50-kilowatt grid energy storage and peak-shaving system at the company’s Cincinnati headquarters.<
Read MoreKey road projects await busy INDOT
The ongoing rehab of Interstate 465 will continue to be the biggest highway project in the metro area in 2011, but the rebuilding of an 11-mile segment on the west side could be all but finished by the end of the year—just when other significant highway projects will get under way in the metro area.
Read MoreConseco brass agree to settle 8-year-old suit for $41.5M
The suit accused CEO Gary Wendt, President Bill Shea, Chief Financial Officer Charles Chokel and Chief Accounting Officer Jim Adams of engaging in a “massive and systematic coverup of … actual debts and losses through complex accounting, misleading disclosures, and irregular accounting practices.”
Read MoreIndianapolis Indians profitable for 35th straight year
The minor-league professional baseball team continues to pull in fans and sponsors as Hoosiers seek affordable family entertainment.
Read MoreDuke/Browning team to develop building at new Wishard
The team, which plans to build an office building in the 200,000-square-foot range, beat out six other groups that submitted proposals.
Read MoreFocusBack to Top
Indiana-based mutual funds stage comeback
Funds ride resurgent market after taking a beating in the financial crisis.
Read MoreMoney flowing to international markets
Booming growth, rising middle classes are attracting investors.
Read MoreOpinionBack to Top
EDITORIAL: Consider tapping bank fund to ease budget woes
As reported in a front-page story in last week’s IBJ, the $250 million public deposit insurance fund has not been tapped in nearly 20 years.
Read MoreMORRIS: New year should bring a new mind-set
The holiday down time has also enabled me to pull myself out of the day-to-day controlled chaos and actually take time to strategize, analyze and plan.
Read MoreMARCUS: State moves forward, with long way to go
Congratulations to Gov. Mitch Daniels and his administration on their development and implementation of the Indiana Transparency Portal. It’s a grand start to detailed information about state and local government activities.
Read MoreGIGERICH: Here’s what we need from 2011 session
The 2011 session of the Indiana General Assembly will have a profound impact on the future of our state and our ability to retain our ranking as one of the top 10 states in which to do business.
Read MoreFEIGENBAUM: Session to test lawmakers’ views on small government
Many new House and Senate members won election in part on platforms of reducing government regulation and minimizing government in the lives of Hoosiers.
Read MoreALTOM: Does Bing have a chance of catching Google?
I can’t help it; every time I see the Microsoft search engine “Bing,” I hear Bing Crosby’s voice crooning in my head.
Read MoreHICKS: Why economic forecasting is inexact science
Forecasts are primarily used as a tool to begin, not end, conversations about business and government matters.
Read MoreHAUKE: Internet sites make splash without public markets
There is an interesting twist to all these newly discovered pots of Internet gold. They are not public, but almost anyone can buy stock in these companies in the private market if you hunt around enough.
Read MoreCivility, anyone?
Respect for others and civil discourse has taken a back seat to name-calling.
Read MoreMost immigrants want to contribute
I wish to compliment Carol Faenzi on the excellent [Dec. 13] opinion article on immigration, for taking the time to express those sentiments.
Read MoreIn BriefBack to Top
Eiteljorg, Indianapolis Symphony pull in new visitors
Exhibit, grant power audience development initiatives.
Read MoreNew law prohibits disposing of electronic gadgets in household trash
Marion County residents should dispose of electronics at so-called “ToxDrop” locations.
Read MoreFormer radio host Eddie White joins Indiana Pacers front office
The team’s new director of corporate communications will focus on connecting with the local business community.
Read MoreBaker & Daniels attorney to head election board
Tenley Drescher-Rhoades predecessor is leaving to become chief of staff for new Marion County Prosecutor Terry Curry.
Read MoreIndianapolis-area transportation programs land federal money
IndyGo will accept new applications for funding beginning Feb. 14.
Read MoreNFP of NOTE: Net Literacy
Net Literacy increases digital inclusion and digital literacy for all Americans while providing student volunteers life skills, job skills, and an opportunity to participate in service to their community.
Read More