DECEMBER 6-12, 2010
This week, find out why some Fountain Square business owners want to create a new tax to pay for neighborhood improvements and see what Indiana University is doing to improve its share of the online education market. In Focus, read about what local businesses are doing to build relationships overseas. And check out the results of our CFO of the Year awards program, complete with video interviews of the winners in five categories.
Front PageBack to Top
Menard lawsuit entangles businessmen Hilbert, Dick
Former Conseco executives Steve Hilbert and Rollin Dick are caught in a bitter legal battle between billionaire hardware king John Menard and his ex-fiancee.
Read MoreSimon Property offers to settle dispute over widow’s stake
Simon Property Group Inc. has offered to settle a lawsuit with Bren Simon by cashing out 6.5 million partnership units her late husband Melvin held in the giant shopping mall developer.
Read MoreAbandoned United Airlines repair base now bustling
Seven years ago, United Airlines abandoned the 1.7-million-square-foot aircraft repair base that once employed 3,000 people. Today, the mall-sized complex is humming and is essentially fully occupied.
Read MoreTop StoriesBack to Top
Fountain Square turning to first-of-kind tax to fund improvements
A Fountain Square group led by neighborhood business owners hopes to create an “economic improvement district” for the up-and-coming neighborhood, where additional tax revenue could be used for everything from litter cleanup and marketing to capital improvements.
Read MoreIU tries new tack in online education
Traditional colleges like Indiana University know they must shift to more online learning options or else lose students to upstart competitors using digital technology to offer college curriculum at greater convenience.
Read MoreForeclosed-property care sparks fight over who’s responsible
Lawmakers might address in the upcoming legislative session the controversy over who is responsible for upkeep on foreclosed properties.
Read MoreIndianapolis banker sees progress, challenges at ailing Integra
Mike Alley, perhaps more than any other banker in the state, is experiencing the pain the economic crisis has wrought on the nation’s financial institutions.
Read MoreTouted Build America Bonds may not be available for utility deal
Citizens Energy previously said not using the bonds would add about $100 million to the cost of the deal over 30 years.
Read MoreIzod claims 350-percent return from IndyCar Series
Izod officials said that in 2010, Izod brand awareness increased 10 percentage points, brand familiarity rose 16 percent among 25- to 35-year-old men, and digital impressions increased 20 percent over 2009.
Read MoreFocusBack to Top
Exports fueling Indiana business growth
Firms are taking matters into their own hands to open trade relationships overseas, developing export policies they hope will benefit themselves and their communities.
Read MoreHOLT: Regional airports can fuel economic development
Some smaller airports have excess cargo capacity.
Read MoreOpinionBack to Top
EDITORIAL: Online retailers should pay sales tax
Retailers and shopping center owners are right in crusading for a level playing field in taxation. It isn’t fair that most online retailers don’t charge sales taxes, while traditional retailers in Indiana must tack on 7 percent.
Read MoreMORRIS: Political dialogue returning to IBJ
Forefront, which debuts this month, is designed to be another public square where various voices will debate the issues of our day.
Read MoreMARCUS: Higher aspirations built on high-speed rail
Hoosiers should discard the cloak of indifference that too many wear with pride.
Read MoreSLAUGHTER: Give employees chance to break your trust
If you want the best team with the strongest commitment to ethical behavior, you must ensure they have every opportunity to lie, steal and cheat.
Read MoreHICKS: The high costs of an over-lawyered society
Estimates of the private-sector costs of civil litigation top out at about 2 percent of our gross domestic product, so for every $50 spent in the United States, $1 goes to support legal costs and settlements.
Read MoreHAUKE: History tells us that bull will stay here a while
American stock market history goes back far enough to give us a lot of data and reference points we can use to help us understand the future.
Read MoreALTOM: Just because it’s on the Web doesn’t mean it’s free
Surfing the Web is like being the parent of multiple kids. You hear the rowdiness in a far-off room all day long and learn to take it for granted, but once in a while there’s a great crash and a howl that sounds like a civil defense siren.
Read MoreTogether we can reduce homelessness
Each day, hundreds of homeless men and women pass through the doors of Horizon House, the only agency in central Indiana that provides homeless neighbors with access to the services of a unique collaboration of partners—all under one roof.
Read MoreIn BriefBack to Top
St. Francis covets Greenwood’s growth
It doesn’t take a genius to figure out why St. Francis Hospital & Health Centers is going to build a new ER and medical office complex near Greenwood: The area has been growing over the past decade 10 times faster than the city of Indianapolis.
Read MoreThink car sales benefit battery-maker EnerDel
Indianapolis-based EnerDel is the main battery supplier for Think’s two-seat City.
Read MoreDeveloper says Broad Ripple hotel will have ‘green’ elements
Developer Debra Stolen Hasbrook found the site at 6520 Westfield Boulevard while running on the Monon Trail.
Read MorePenske signs Meijer to multiyear sponsorship deal
The Meijer grocery store chain will join Penske as a sponsor of its three-car IndyCar Series program, beginning with the 2011 season.
Read MoreIndianapolis airport credit rating maintains altitude
Moody’s said the airport has a diversified mix of carriers and cargo operations, little competition from other airports, and a stable market area.
Read MoreNFP of NOTE: Hamilton County Area Neighborhood Development Inc.
HAND’s mission is to create and promote affordable, quality housing and to educate the community about housing needs.
Read More2010 Holiday Wish List
The following is a list of Indianapolis-area not-for-profit organizations and the things each needs most.
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