JULY 23-29, 2012
This week, find out how a Westfield company is making a splash in a hot industry and see why six Indiana banks are on the U.S. Treasury's radar screen. In Focus, read about a tiny convention that could have a big impact on Indianapolis. And in A&E, etc., Bill Benner offers the NCAA some advice.
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City decides on half block for transit hub
The Mayor’s Office and local mass transit leaders have reached consensus on a site for a $30 million downtown transit center. The preferred location is a city-owned surface parking lot along Washington Street between the City-County Building and Marion County Jail.
Read MoreLottery could expand to grow state’s take
The $791 million Hoosier Lottery threw open bidding July 11 for a 10-year contract on marketing, sales and distribution services. The lottery wants to be among the fastest-growing in the country, and it’s looking to the gambling industry to help it reach that goal.
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Indianapolis Star to introduce online pay model
After more than 10 years of providing free online content, the Indianapolis Star is laying the foundation for a pay-per-view system that would cost online-only readers about $13 a month, industry sources said.
Read MoreSix banks that owe Treasury walk TARP tightrope
Six of the 17 Indiana banks that relied on the federal government to shore up their balance sheets in the recession have yet to repay, and the U.S. Treasury isn’t going to wait forever.
Read MoreMudathlon makes a splash as obstacle course races grow
A 3-year-old Westfield has taken advantage of the adventure-race trend by staging Mudathlons–obstacle courses conducted in the mud. More than 12,000 people were expected to participate in Mudathlon’s four races this summer, up from about 2,000 at the company’s first two races in 2010.
Read MoreHHGregg setbacks reflect deeper woes, some fear
Retailer’s operating income is the same as five years ago, even though it has triple the number of stores.
Read MoreInsurance company key to Franciscan-American Health partnership
Hospital system’s health insurance unit has IT infrastructure that will allow physicians to participate in Medicare’s shared savings program.
Read MoreScale Computing new storage unit with server could play in $5B market
Local firm’s new data center is seen as an alternative to so-called “virtualization” trend.
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High-stakes convention coming to Indianapolis
Travel writers’ annual meeting is a coup, but pressure is on to score a good impression
Read MoreGen Con gaming for another attendance record
As crowds get bigger, businesses take more notice.
Read MoreOrlando dwarfs Indianapolis in tourism, conventions
The Indianapolis and Orlando metro areas both have roughly 2 million residents, but Orlando’s theme parks drive a huge convention and tourism industry concentrated around a convention center miles from its downtown.
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EDITORIAL: Indy Rezone initiative off to good start
The city unveiled the Indy Rezone plan July 5, and it’s clear from the top of the project flow chart that fresh perspectives are welcome.
Read MoreMAURER: Jim Rogers is rarely outmaneuvered
“My grand pappy was a chess grand master,” Jim Rogers declared as we sat down to a game back in the early 1990s. Jim was a pal. When he and his wife, M.A., lived in Carmel, we vacationed together and enjoyed running and biking on the weekends. He was a competitor. He liked to win.
Read MoreRUSTHOVEN: Bauer’s time has come … and gone
Several Indiana House Democrats tried to revolt this month against Minority Leader Pat Bauer, but were foiled by his favorite tactic—preventing a quorum.
Read MoreWALTZ: How to ease away from a senseless tax
No one I know particularly enjoys paying taxes, but nearly (if not literally) all will admit to their necessity in helping provide government services to keep our economy running.
Read MoreHICKS: Job creation, destruction not mutually exclusive
I am always saddened and more than a bit disappointed when I hear politicians promise to create jobs.
Read MoreKIM: Have we seen second quarter of 2012 before?
The U.S. equity market tested the confidence and resolve of investors in the second quarter of 2012.
Read MoreDomestic partner benefits unwise use of tax dollars
After listening to the testimony during the June 5 City-County Council committee meeting, and speaking with both supporters and opponents of the proposed domestic partner benefits, I noticed a common theme of “this will make Indianapolis more competitive.” This is untrue.
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Duo introduces app for hairstylists
Founders of MyBestFriendsHair.com aim to help professionals manage client information.
Read MoreMuseum’s IMAX hopes alchohol sales will fuel movie attendance
Museum has been fine-tuning service in preparation for Batman premier.
Read MoreWestfield health IT firm sold for $473 million
MaxIT’s 1,300 employees, who provide information technology services to hospitals and physician practices, will join Virginia-based Science Applications International Corp.
Read MoreLarge Broad Ripple apartment complex slated for $10M renovation
New owner of property bought out of foreclosure seeks city revenue bonds, state low-income housing tax credits.
Read MoreIU researchers question economics of diesel hybrids
Fuel savings and environmental benefits might not be worth the higher cost of such vehicles.
Read MorePROXY CORNER: The Finish Line Inc.
The Finish Line Inc., 3308 N. Mitthoeffer Road, Indianapolis, www.finishline.com, is a specialty retailer of brand-name athletic and leisure footwear, activewear and accessories.
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