APRIL 25-MAY 1, 2011
This week, find out how new leaders are trying to revive WRTV-TV Channel 6 and see what has wealthy entrepreneurs tightening their purse strings. In Focus, read what observers have to say about the revolving door at the Indianapolis Convention & Visitors Association. And in Forefront, check out a insight and analysis on topics ranging from undereducated workers to gun rights.
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Citizens CEO making more than peers at bigger utilities
Citizens Energy Group CEO Carey Lykins’ 2010 pay package, salary and bonus, totaled $1.6 million, more than his counterparts at the three largest municipal gas utilities in the country.
Read MoreSimon widow unloads pricey NYC condo, looks to sell Bel Air mansion
Bren Simon lost control over her late husband’s multibillion-dollar estate, but she sold a New York City condo for $48M in March, and is trying to sell a mansion in L.A. for $50M.
Read MoreEducation reform might not boost Daniels presidential run
Gov. Mitch Daniels is on the cusp of signing the most comprehensive package of school reforms that any state has yet passed, but political insiders say that might not help him in a potential presidential race because education is typically a dud as a presidential political issue.
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Essex Hotel site remains undeveloped despite city deal
Sixteen years after the former Essex Hotel was razed, the site remains a parking lot although a 1990 agreement with the city required its owner to develop the space within five years if the building were torn down.
Read MoreChanges to sports coverage part of strategy to revive WRTV
Larry Blackerby, the new general manager at WRTV-TV Channel 6, has replaced the station’s news director and sales manager as first steps in his bid to elevate the perennial ratings loser.
Read MoreWealthy local entrepreneurs hew to conservatism
Flashy displays of wealth seldom erupt in Indianapolis after an entrepreneur makes good, and they’re even more unusual now that the recession sobered even the most successful among them.
Read MoreDon Marsh takes lumps as he fights on in court
Don Marsh is so hellbent on winning his legal battle with Marsh Supermarkets Inc. that he’s willing to sully his own reputation if that’s what it takes.
Read MoreSettlement caps Citizens Energy customers’ deal fees
Ratepayers would pay no more than $14 million to cover charges associated with Citizens’ purchase of Indianapolis water and sewer utilities. Some say the capped amount is too much.
Read MoreMuch unknown about new Cook Group CEO
Carl Cook has been tabbed to replace his father, Bill Cook, who died a week ago. But many in the Bloomington business community know little about him, which reflects the company’s strict privacy policy.
Read MoreFocusBack to Top
Can Indianapolis recover convention chief stability?
Leonard Hoops is the third CEO of the Indianapolis Convention and Visitors Association in three years—not ideal in an industry where it often takes three to five years to consummate a deal and as long as a decade to plan and build infrastructure
Read MorePet website enables owners to book kennels
Indianapolis startup looks to become the Expedia of pet travel.
Read MoreTwin Cities tourism outpaces Indianapolis
Minneapolis and St. Paul together offer a larger convention market than Indianapolis.
Read MoreOpinionBack to Top
EDITORIAL: Township reform must not fail again
With property tax caps putting the squeeze on budgets, it’s foolhardy for townships to be sitting on millions that could be funding needed services.
Read MoreMORRIS: It’s time to show the Pacers some love
The Pacers made the playoffs for the first time since 2006. And they did it with a good group of players who are decent human beings and who represent themselves and the city well.
Read MoreMARCUS: Uptight music for uncertain times
The blues resonate with the tough people living tough lives.
Read MoreCROWTHER: The future needs a Hoosier attitude
We need futurists, people with a sense of balance, people who want generations to come to be blessed with the same riches we grew up with.
Read MoreFEIGENBAUM: Conference committees may offer fewer fireworks
Given the historical context, it would not be unexpected that there wouldn’t be much left to argue about as the 2011 legislative session approaches its scheduled April 29 conclusion.
Read MoreALTOM: The New York Times reinvents the ‘paywall’
The New York Times has decided to once again huddle behind a “paywall,” a decision that’s galvanized the Web world. But this paywall is different from ones the paper has tried in the past.
Read MoreHICKS: Corporate profits don’t deserve condescension
Profits are much maligned, and the profit motive is oft depicted as synonymous with greed. This is disheartening. Disdain drawn from ignorance is intellectually lazy.
Read MoreSKARBECK: Look beyond gold for inflation hedges
gold has been in a 10-year bull market, so today’s investors aren’t exactly discovering the metal at cheap prices.
Read MoreStory’s headline fell short
I was disappointed to read your misleading headline, “Financial planner slapped with suit” on the front page [April 11].
Read More‘Progressive’ ideas don’t hold water
I read with interest John Guy’s [viewpoint column] titled “Where are the progressives?” (April 11, 2011) and found his list of antis enlightening.
Read MoreIn BriefBack to Top
Indianapolis angel investors land at Flagship Enterprise Center in Anderson
Capital from members of StepStone Angels could fund business incubator’s tenants.
Read MoreSummer grant program for youth emphasizes math and reading
Distribution of $2.5 million in grants is overseen by the Central Indiana Community Foundation.
Read MoreIU Health readies bond sale
The Indianapolis-based hospital system plans to sell $228.2 million in bonds this week to refinance existing debt and pay to finish construction of its Saxony hospital in Fishers, set to open late this year.
Read MoreBlogware exec backs Earth House campaign
Chris Baggott of Compendium Blogware and an anonymous donor are supporting the downtown venue.
Read MoreLong-vacant downtown restaurant space getting a new tenant
Naked Tchopstix plans to open a location in the former home of Nicky Blaine’s in the basement of the King Cole Building.
Read MoreIndy Chamber will award cash prizes to businesses that tell of challenges overcome
A panel of judges, including Hoosier native, former NBA player and entrepreneur Jon McGlockin, will select three winning entries.
Read MoreTen sponsors are signed for IndyCar’s Baltimore race
The inaugural race in Maryland is Sept. 4.
Read MoreWork begins on new U.S. 31 interchange
The project is part of a larger effort to upgrade the road to interstate standards.
Read MoreNFP of NOTE: Crohn’s and Colitis Foundation of America
The mission of Crohn’s and Colitis Foundation of America is to cure Crohn's disease and ulcerative colitis, and improve the quality of life of children and adults affected by these diseases.
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