DECEMBER 5-11, 2011
This week, see how area grant-makers are adapting to the post-recession "normal" and read why neighbors are fighting a gas station proposed for the intersection of 16th Street and Central Avenue. In Focus, find out how Kokomo is faring as Chrysler continues to invest in the auto town. And in A&E, see what Lou Harry thought of a couple restaurant refills.
Front PageBack to Top
Labor deal not a panacea for Pacers
Sports business experts with knowledge of the new collective bargaining agreement expected to be ratified by NBA owners and players this week think it will push the Indiana Pacers toward breaking even but won’t ensure the team’s long-term profitability.
Read MoreEast-side Reebok plant flourishes despite NFL contract loss
The Reebok-Adidas plant on Indianapolis’ east side, faced with losing an estimated 60 percent of its business when its National Football League contract expires early next year, has done what no one would expect: Add employees.
Read MoreTop StoriesBack to Top
Neighbors oppose gas station at 16th and Central
Residents of an area near the intersection of Central Avenue and 16th Street are sparring with owners of a site on its northwest corner who want to build a gas station there. The neighbors had other hopes for the spot, as part of their plans for a pedestrian-friendly 16th Street corridor.
Read MoreMyJibe’s purchase validates Orr fellowship program
A program to identify and cultivate entrepreneurs—the Orr Entrepreneurial Fellowship—just hit a milestone. Orr fellow Mike Langellier has sold his upstart MyJibe LLC, in what appears to be the first Orr fellow to create a tech firm and take it full circle to liquidation.
Read MoreGrant-makers adapt to post-recession normal
After the financial crisis of 2008, foundations in Indiana and across the country set up special relief funds for their communities. Ongoing support for the one formed in Indianapolis is just one sign of how the poor economy is still influencing grant-makers’ decisions.
Read MoreExactTarget has remade itself since last IPO bid
Things change so fast in the technology world that the prospectus ExactTarget Inc. filed four years ago when it first sought to go public reads today almost like something from the floppy-disk era.
Read MoreMalls see big changes just in time for holidays
New stories have debuted at malls across the Indianapolis area. Many are pop-up shops eager to capitalize on holiday shoppers and the Super Bowl crowds.
Read MoreJunior Achievement lawsuit swells with defendants
The defamation case filed by former CEO Jeffrey Miller now has 17 defendants, many of whom are accused of posting disparaging comments on websites.
Read MoreFocusBack to Top
Kokomo upshifting with Chrysler investment
City north of Indianapolis feels the power of $1.3 billion upgrade of equipment in automaker’s transmission plants.
Read MoreBrightpoint ramping up repair services
Cell phone distributor views used market as lucrative.
Read MoreOpinionBack to Top
EDITORIAL: State can’t afford to lose online sales tax
The risk is that requiring online retailers to remit the sales tax will chase them away. We think the potential payoffs are worth taking the chance.
Read MoreMORRIS: Discover great voices you might not have heard
Have you taken in a performance by the Indianapolis Children’s Choir recently? If the answer is yes, you know why I’m enthused. If no, then I hope you’ll take a few minutes to read further. My goal is to encourage you to discover this gem of our arts community for yourself.
Read MoreKENNEDY: We need a recovery of real journalism
A healthy Fourth Estate is critical to democratic self-government.
Read MoreIYER: A manufacturing resurgence? Maybe
As the United States—and Indiana—looks to manufacturing as a way out of recession, they will be well-served by a move toward more energy-efficient, earth-friendly, competitive manufacturing processes.
Read MoreALTOM: What’s with the modern-art bar codes?
The mysterious little squares are actually “QR” codes, for “quick response.”
Read MoreHICKS: Black Friday feeds commercialization illusion
Thanksgiving evening into the wee hours of Black Friday saw me visiting three Walmart stores in five hours. This was purely research, mind you.
Read MoreSKARBECK: Judge says no-fault SEC deal is weak, ineffective
A federal judge in Manhattan took a stand against lax oversight of the financial industry, rejecting a $285 million settlement between the Securities and Exchange Commission and Citigroup—and setting a July trial date.
Read MorePatent reform helps small firms
Kristin Jones’ Nov. 26 column, “Patent reform is mixed bag for life sciences,” offered views on the impact of the new patent law, the America Invents Act, on large and small life sciences companies in Indiana.
Read MoreSmoking column hit the target
Thanks so much for Mickey Maurer’s Nov. 28 “Mayor, Read the Smoke Signals” column. I still cannot believe that Indianapolis and indeed, the entire state can be so backward related to creating a smoke-free environment.
Read MoreUp adjunct pay, Mr. McRobbie
An open letter to Indiana University President Michael McRobbie:
Read MoreRight-to-work view was appalling
It is stunning to read the editorial position [Nov. 28] of the foremost business journal in Indiana that cautions against “right-to-work” legislation. Perhaps the writer forgets that Indiana has a 9-percent unemployment rate.
Read MoreIn BriefBack to Top
Investors in Midwest Energy Partners await gusher
The company raised $4.6 million to drill for oil in southwestern Indiana and southern Illinois.
Read MoreBig Car gallery leaving Fountain Square
Resources diverted from Murphy Art Center space will go toward Lafayette Square-area center, downtown initiatives.
Read More‘Buy local’ law to be tweaked
New requirement that local governments hire local bidders came under fire.
Read MorePopular chain plans to launch restaurant in Noblesville
Huntington Beach, Calif.-based BJ’s opened its first central Indiana location in 2008 at Greenwood Park Mall.
Read MoreNFP of NOTE: Concord Neighborhood Center
Concord Neighborhood Center offers a variety of educational, health, social and recreational activities to neighborhood residents of all ages and collaborates with other agencies to provide decentralized or special services for the community.
Read MoreHoliday Wish List – Dec. 5, 2011
The following is a list of Indianapolis-area not-for-profit organizations and the things each needs most.
Read More