OCTOBER 26-NOVEMBER 1, 2015
The Indiana Pacers will start the NBA regular season on Oct. 28 at 0-0, but the team is already winning on the financial ledger. Anthony Schoettle reports that revenue streams in the new season are headed in the right direction. Also in this week’s issue, Jared Council reveals which of the city’s tech pioneers have decided to get back in the game. And in A&E Etc., Lou Harry finds a lot to recommend about eating in a restaurant located in a grocery store.
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Pacers go into new season with revenue streams headed in right direction
Sales of season tickets, merchandise and sponsorships are all up. Attendance is expected to match—or even exceed—the 2013-2014 season. And the stadium deal the Pacers struck with the city’s Capital Improvement Board last year has freed the franchise to make investments it hopes will pay dividends long term.
Read MoreTech veterans jumping back into saddle
Older technology entrepreneurs and executives who have experienced successful corporate exits often limit their startup involvement to mentoring, investing and board membership. But a raft of veteran technology leaders are getting involved again in a hands-on way.
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Mayoral foes: City must draw residents to bolster tax revenue
Attracting higher-wage residents is key to future growth as city revenues have stagnated and local governments have become increasingly reliant on income taxes. Republican Chuck Brewer and Democrat Joe Hogsett are proposing ways to bolster Indy neighborhoods.
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Former Indianapolis developer tries to avoid return to jail
Sydney "Jack" Williams is at risk of going to jail for the second time since he avoided charges in a massive Ponzi scheme run out of Miami.
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Carroll Award: Robert Bowen thrives on providing opportunities for at-risk youths
The founder of Indianapolis-based Bowen Engineering Corp. becomes the 22nd recipient of IBJ’s Michael A. Carroll Award.
Read MoreSoaring Rx costs lift firm’s prospects, job creation
Rx Help Centers assists employers and customers as they navigate through the confusing web of prescription drug discounts. Business is so good that the company hopes to add 250 workers by 2017.
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Site unites disabled workers, jobs
The Workforce Accelerator, launched earlier this year by local not-for-profit Tangram, is similar to a dating website linking compatible people, except that it matches jobs to people who have disabilities or are military veterans.
Read MoreIndiana startups snare surging venture capital
Firms landed more than $28 million in the third quarter, the highest quarterly total in three years and a sign of accelerating entrepreneurial momentum in the state.
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IU researchers say 2015 is banner year for housing sales
Buyer demand proved so strong this summer that Hoosiers bought 9,080 existing homes in June alone—the state’s second-largest one-month sales tally in the past 12 years.
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Victorian shell with modern amenities inside
Chuck and Mary Williams wanted a house with an exterior that synced with the rest of their Old Northside neighborhood and an interior that boasted all the latest conveniences, including a modern, open floor plan.
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MAURER: U of L book provocative but true
Basketball program boosters who would shoot the messenger should redirect their anger.
Read MoreRUSTHOVEN: Ranting far right doing GOP a disservice
Facts mean nothing to those committed to a contrary narrative that the facts contradict.
Read MoreGUY: Data is everywhere (and not worth it)
Data is so addictive to managers that, when information is not naturally available, vice presidents of this and that move to create it.
Read MoreKIM: Recent market volatility is really rather ordinary
The road to reaching long-term outperformance is bumpy, but that doesn’t make these short-term periods of weakness any easier to take.
Read MoreBOHANON & STYRING: Story of manufacturing’s decline only half true
When everybody “just knows” something is true, it’s time to get a little nervous. That’s when we suspend skepticism and uncritically accept the assertion.
Read MoreIndy is at a food crossroads
The next mayor of Indianapolis has an unprecedented opportunity to leverage the power of food for the good of our city.
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Ontario firm to acquire CTI Group for $22.5 million
A Canadian software firm has signed an agreement to acquire CTI Group Holdings Inc., one of the smallest publicly traded companies based in Indianapolis.
Read MoreConsumer group: Citizens water hike could cause ‘rate shock’
The Indiana Office of the Utility Consumer Counselor is asking state regulators to approve just about half the rate increase Citizens Energy Group wants to charge water customers.
Read MoreIUPUI lures new athletic director from Wright State
Roderick Perry, senior associate director of athletics for Wright State University, will assume his new role with IUPUI on Jan. 1. He succeeds Michael Moore, who held the job for 19 years.
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