Indianapolis Business Journal

SEPTEMBER 15-21, 2014

Hamilton County leaders are working with businesses to avoid budget-busting surprises in tax revenue. Reporter Andrea Davis explains their focus on combatting tax appeals on commercial properties, especially for businesses that already have benefitted from tax incentives. Also this week, Anthony Schoettle documents an exodus of longtime sportswriters from The Indianapolis Star. And Cory Schouten has the details on a court battle over an historic home in Fall Creek Place that was demolished without authorization.

Front PageBack to Top

Crowdfunding site Localstake sees surge in deals

The seven-employee Indianapolis firm launched in June 2013, raising funds for two companies in its first six months. Over the following eight months, it brokered funding for eight companies and has eight in queue.

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OpinionBack to Top

RUSTHOVEN: No dispute about civil illiteracy

My friend and Taking Issues counterpart Sheila Kennedy and I disagree on many things. But Kennedy, who heads Indiana University’s Center for Civic Literacy, is dead right about the woeful ignorance among Americans about our history and governmental system.

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HICKS: Focus on shrinking the federal government

Small-government sentiment runs strong in Indiana, and we can be pleased with the resulting low taxes, thoughtful regulatory environment and greater personal freedom. Still, I think much of the small-government movement in Indiana targets the wrong problems.

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Think long term for Asherwood’s future

IBJ’s [Sept. 8] report on the for-sale listing of the Simon family’s 106-acre estate, Asherwood, in Carmel presents a great opportunity for a new owner to reforest the 18-hole golf course.

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Kennedy criticized wrong interest group

Sheila Kennedy again shows her liberal bias in her [Sept. 8] commentary on civics. She complains about the lack of knowledge of “we the people” about our government and our electoral processes, but decides to tie it to political contributions.

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In BriefBack to Top

Financial services firm to hire up to 153 in Castleton

Chicago-based Cortland Capital Market Services, which has $40 billion in assets under administration, has begun hiring for a variety of financial positions. The Indiana Economic Development Corp. has agreed to provide Cortland up to $1.8 million in tax credits.

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PROXY CORNER: Biglari Holdings

San Antonio-based Biglari Holdings Inc. is a San Antonio-based holding company that owns Indianapolis-based Steak n Shake and Roanoke, Va.-based Western Sizzlin and invests in a diverse range of businesses.

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