AUGUST 12-18, 2013
The upcoming MotoGP motorcycle race could be the last at the Indianapolis Motor Speedway, as NASCAR officials lobby instead for a stand-alone race for a newly merged sports-car series. Anthony Schoettle has more on the United Sports Car Series that will kick off in 2014, and the impact in Indianapolis of losing MotoGP. Also this week, Andrea Davis has an inside look at two redevelopment ideas for a seven-acre parcel near Carmel's downtown. The catch is that the projects—priced $33 million and $65 million, respectively—each would require a funding kick from the public. And in A&E, Lou Harry surveys the new goodies offered by food vendors at the Indiana State Fair.
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IMS considers dropping MotoGP event for new sports-car race
The upcoming MotoGP motorcycle race could be the last at the Indianapolis Motor Speedway, as NASCAR officials lobby instead for a stand-alone race for a newly merged sports-car series.
Read MoreSimon suffers setback in antitrust suit
A federal lawsuit alleging monopolistic behavior by Simon Property Group Inc. likely will proceed to trial after a federal judge in South Bend denied a motion by the Indianapolis-based mall giant to dismiss the 3-year-old case.
Read MoreCrowd funding taps passionate fan base for fantasy figurines
A growing number of small game companies will join a pantheon of industry titans starting Aug. 15 at the Gen Con Indy gaming convention. The small guys are there largely because they can get the money they need to keep themselves alive via the fundraising technique known as “crowd funding” or “crowd sourcing.”
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Flaherty making big pitch on Range Line Road project in Carmel
Flaherty & Collins Properties is floating two redevelopment ideas for a seven-acre parcel on the edge of Carmel’s tony downtown, but both require public support that casts uncertainty over the project.
Read MoreTrio of women now owns Borshoff, city’s biggest ad firm
Founding principal of 29-year-old Borshoff advertising agency, Myra Borshoff Cook, 65, and senior principal Erik Johnson, 62, have sold their ownership interest in recent years to three top executives at the firm, all of them women.
Read MoreLilly’s new strategy built around head-to-head drug trials
Lilly has set up not one, not two, but five head-to-head trials of its experimental drug dulaglutide against other leading diabetes therapies. So far, dulaglutide’s record is four wins, no losses.
Read MoreOutrage-laden ITT ruling tossed aside by appellate court
The outrage that seemed to leap from an order that Judge Tonya Walton Pratt issued last year was entirely missing from a new appeals court ruling reversing her dismissal and the attorneys’ sanctions.
Read MoreState sues AT&T for suspending injured workers
The lawsuit alleges AT&T’s Indiana subsidiary “has a practice and policy” of suspending employees for at least one day after they report work-related injuries.
Read MoreInteractive revamps sales strategy to widen client appetite
The Indianapolis software developer last quarter broke its sales teams into tiers—small, medium and large deals—because too many employees were going after big contracts, with their high commissions.
Read MoreAngel-investing event may bolster startups
An emerging network of angel investors from around the state will team with Indiana University next month on a workshop that will put them in the same room with entrepreneurs who’d like their backing.
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Indiana lawsuit about cold beer sales faces uphill battle
States are viewed as having wide latitude to regulate alcohol sales.
Read MoreHoliday World family takes dispute to Indiana appeals court
An agreement meant to keep a popular amusement park in the family has sparked a bitter dispute that has reached the Indiana Court of Appeals.
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EDITORIAL: Don’t let politics thwart tax debate
Hoosiers love our low taxes. But there are times when that reality—which politicians play to the hilt—gets in the way of good public policy.
Read MoreMORRIS: In media, the nimble will survive
The future favors entrepreneurial owners like Murdoch, Bezos.
Read MoreKENNEDY: Detroit reflects our moral bankruptcy
The city of Detroit has declared bankruptcy. It is the largest city in the United States ever to do so, and the punditry—what the late Molly Ivins called “the chattering classes”—are pointing fingers at those their particular ideologies suggest are to blame. It’s “white flight” or de-industrialization or lack of economic diversification or corrupt government or a combination of these and more.
Read MoreMARRON: ‘Better’ isn’t the same as ‘good’
That phrase comes to mind when I talk about transit in central Indiana. As I’ve urged people to support the IndyConnect plan, more than a few have said, “But didn’t IndyGo get funds to add a new route and improve others? Didn’t that fix the problem?”
Read MoreHicks: Two excellent choices for Bernanke successor
A great debate under way regarding the successor to Federal Reserve Chairman Ben Bernanke seems to come down to economists Lawrence Summers or Janet Yellen. The debate is full of interesting insight but it’s the immediate challenges of the Fed that matter more.
Read MoreSkarbeck: Sale of Washington Post reflects new world order
The sale price of The Washington Post Co. exposes just how far the industry has sunk. In the first half of this year, the iconic newspaper’s operations generated $138.4 million in revenue and lost nearly $50 million ($40 million of which was a non-cash pension expense).
Read MoreALTOM: Invasion of privacy is both positive and avoidable
Take advantage of being watched, or put away your smart phone and pay with cash.
Read MoreHicks cited poor research
In his Aug. 3 column, Mike Hicks made a wide-ranging attack on colleges of education as refuges of mediocrity, insularity and poor research.
Read MoreCops before cricket
Cricket fields, a league, tournament play and the economic benefits they might bring to Marion County could have all been enjoyed without spending $6 million from the city’s budget [DeGaris column, July 29]. In fact, not one tax dollar needed to have been spent.
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Angie’s List acquires Denver firm for $2.7 million
BrightNest, founded in 2011, provides free online tips for home maintenance to about 100,000 users. The company’s eight employees will remain based in Denver.
Read MoreIndyBaroque appoints new executive director
Maarten Bout is the new executive director for IndyBaroque, which oversees the Indianapolis Baroque Orchestra and Ensemble Voltaire.
Read MoreBoard suggested busy Evans let go of AIT
Michael Evans was juggling two companies and two newborn twins when his board of directors suggested it was time for a new CEO of AIT Laboratories. He was replaced by venture capitalist Matt Neff on Monday.
Read MoreStar’s newsroom hit with high-profile departures
The state's largest newspaper is losing society columnist Cathy Kightlinger for another gig. Mary Beth Schneider, senior statehouse reporter, is taking a three-month sabbatical and leaving terms of her return murky.
Read MoreHDG Mansur hit with $5.8M court judgment
A federal judge in New York has slapped HDG Mansur with a $5.8 million judgment, ruling in favor of a former client that said the Indianapolis real estate firm misappropriated funds.
Read MoreSteak n Shake dispute with franchisees reaches to Denver
The locally based burger chain filed suit late last month to stop a Denver restaurant owner from operating under its logo in a spat over menu pricing. The franchisee is countersuing.
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