MAY 9-15, 2016
This month, the Indianapolis Motor Speedway completed one of the three largest renovations in its 107- year history. Anthony Schoettle has a complete rundown of $92 million in improvements. Also in this issue, Scott Olson details a feud between a local country club and neighbors who oppose plans to turn some unspoiled land into a housing development. And in A&E Etc., Lou Harry hits the new mini-links at Indianapolis Museum of Art.
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Feud pits Highland Country Club against neighbors
Homeowners who live just south of the golf club’s southern border fret about the future of the White River bluffs if Highland proceeds with controversial plans to sell 20 acres for residential development.
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Schools, state trying to boost college affordability
Has Indiana made any progress in tackling student debt since students started racking it up through the Great Recession? The answer is somewhat complicated, higher education finance experts say.
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Speedway spends $92 million on seating, screens, elevators
This month, the Indianapolis Motor Speedway completed one of the three largest renovations in its 107-year history.
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Klipsch plans biggest season in a decade
Nearly 40 headliner acts are on tap for the outdoor amphitheater, owned by Live Nation Entertainment. Recent seasons have hosted only about 30 shows.
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Republic seeks to escape bankruptcy with Delta deal
A bankruptcy judge in New York has approved a settlement that allows the Indianapolis-based airline contractor to set more favorable terms with Delta Air Lines, one of its biggest customers.
Read MoreEducation database needs state money for next step
Indiana will get its first look this summer at a $3.9 million data system that aims to help the public and state agencies better plan and make decisions about education and jobs. The “Indiana Network of Knowledge”—called INK—aims to merge reams of data from different state agencies to give Hoosiers a better sense of the […]
Read More2 tech firms plan Hamilton County expansions
Two technology-related companies will spend a total of $3.5 million to expand their Hamilton County operations and create about 125 jobs over the next four years, state officials said May 3. DuraMark Technologies Inc., a digital printer of safety labels and branding decals, plans to spend $3 million to construct a 17,500-square-foot headquarters at 6450 […]
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More filling: Craft brew craze adds body to real estate market
A study from CBRE says that by summer more than 50 microbreweries will be operating in the Indianapolis area and occupying space that otherwise might have remained vacant.
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Toxicology labs face tough times
Deep cuts in Medicare reimbursements and competition from a few huge national chains and walk-in labs are making it tougher for Indianapolis-based AIT and other toxicology labs to compete.
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MAURER: A memo to Kasich, Cruz and Trump
A post-mortem for the drop-outs, and some advice for the presumptive nominee.
Read MoreSKIDMORE: Leadership drives business success
Without leaders to execute strategy, manage through dynamic change, and engage your employees, even the best businesses can be relegated to mediocre performance.
Read MoreGUY: The benefits of speaking up
Ten percent of any group contains persons who are unattractive, useless or disruptive, perhaps criminal. Yet dolts, often described as dissenters, have potential value.
Read MoreKIM: Purdue invests in students with Back a Boiler–ISA Fund
Through the fund, managed by the Purdue Research Foundation, students pay back a set percentage of their salary over a term of nine years or less.
Read MoreBOHANON & STYRING: Your annual checkup is really just an oil change
Yes, most health insurance plans protect against large insurable events. The kicker is that most health insurance plans also cover the equivalent of oil changes.
Read MoreThe untimely death of blogger Gary Welsh
I can understand a feeling of depression after doing so much work and seeing so little change.
Read MoreMayors give neighborhood development short shrift
The demand for the mayor to take over the Coke plant situation has raised questions about a long-standing political tradition in the city.
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Longtime CFO DeVeydt announces resignation from Anthem
During his tenure, Wayne DeVeydt helped Anthem navigate through the recession, make the transition into Obamacare and negotiate its planned $54 billion acquisition of rival Cigna Corp.
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UPDATE: Apartments, parking garage planned on Mass Ave adjacent to Athenaeum
The mixed-use project would include more than 65 apartments, retail space and a 229-car garage on what is now a surface lot.
Read MoreInteractive Intelligence posts bigger-than-expected quarterly loss
Interactive Intelligence Group Inc. on Monday said it lost $13.3 million in the first quarter in a financial performance that failed to live up to the expectations of industry analysts.
Read MoreDeveloper Alig avoids prison time with plea deal
Prominent Indianapolis developer Cornelius “Lee” Alig, who pleaded guilty to one count of theft and one count of securities fraud, received a four-year suspended sentence Monday morning and was ordered to repay victims $321,000.
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