FEBRUARY 1-7, 2010
This week, find out how a wireless bidding system is affecting charity fund-raising auctions and see why investors in Tim Durham's Fair Finance Co. are critical of U.S. Attorney Tim Morrison. Also, read about apartment developer J.C. Hart Co.'s $100 million bet on Hamilton County. And in A&E, check out what we thought of Recess, Greg Hardesty's new College Avenue restaurant.
Front PageBack to Top
A tale of two quarterbacks: Sizing up Manning and Brees
From their career paths to their paychecks, Indianapolis Colts quarterback Peyton Manning and New Orleans Saints signal
caller Drew Brees are miles
apart in many ways. But there also are some intriguing parallels between the men who led their teams to Super Bowl XLIV.
St. Vincent to buy Care Group, city’s largest cardiology practice
St. Vincent Health is near an agreement to take over The Care Group LLC, the city’s largest independent physician practice
and largest cardiology group in the nation.
Apartment developer investing $100M in Hamilton projects
Carmel-based developer J.C. Hart Co. is making a $100 million bet that luxury apartment communities will continue to thrive
in Hamilton
County, particularly along 146th Street.
Top StoriesBack to Top
Daniels revives push to merge PERF, TRF pension funds
Gov. Mitch Daniels wants legislators to revive a merger of the Indiana Public Employees Retirement Fund and the Indiana
State Teachers Retirement Fund. He says the move could save up to $50 million a year in fees.
City of Greenwood might fund launch of insulin maker
Greenwood-based Zimmerman Biotechnologies LLC hopes to become the first company in the United States to make generic insulin,
a long-awaited development in diabetes treatment. The Greenwood Common Council on Feb. 1 will consider an $8.4 million deal
that would finance construction of an insulin factory, as well as help Zimmerman with FDA-approval and equipment expenses.
Litigation slows entrepreneur behind laser weapons, flying scooter
Anderson entrepreneur Pete Bitar has been slowed by litigation but still plans to spearhead a team in the competition to
put a rover on the moon.
Fair Finance investors aim ire at U.S. attorney
Ohio residents who put money into Tim Durham’s company want the U.S. Attorney’s Office to seize his and the company’s assets.
Read MoreWireless bidding system BidPal drives charity auction offers higher
Tech executive Scott Webber and a local entrepreneur are out to revolutionize benefit auctions, which, despite their importance
in raising an estimated $16 billion a year for not-for-profits, can be remarkably primitive.
Federal rule tied to electronic medical records panned
The government has erected a high fence around a pot of $27 billion available to doctors and hospitals that successfully
computerize their patient records by next year, sparking complaints.
Precedent lands two big deals for Greenwood industrial park
Locally based The Precedent Cos. in recent months has landed build-to-suit deals for locally based Mays Chemical Co. and Elona
Biotechnologies Inc.
FocusBack to Top
These young achievers are going places
From hundreds of candidates, IBJ has identified 40 budding superstars from the central Indiana business community.
This year’s Forty Under 40 class is a high-flying group of achievers with careers ranging from
entrepreneur to corporate executive, attorney to not-for-profit leader, banker to Division I college basketball
coach.
OpinionBack to Top
EDITORIAL: Lawmakers should save tobacco agency and ban smoking
If the General Assembly
wants to create some good news in this budget-conscious short session, it will continue our wise investment in Hoosier health,
and go one better by passing a statewide smoking ban.
KATTERJOHN: Stupid Bowl not so stupid anymore
In recent years, my two brothers have been fond of referring to the Super Bowl as The Stupid Bowl. Disgusted by the
crass commercialism that has overtaken professional sports, they view The Stupid Bowl as the zenith of hype.
MARCUS: A heavenly suggestion for economic recovery
The federal stimulus programs are based largely on borrowing, not on taxation.
Read MoreWIEGAND: Who’s monitoring home construction?
About 18 months ago, I watched as the entire exterior of an expensive condo on the Central Canal—originally
built in 1996—was rebuilt. Among the issues: There was no building paper (Tyvek) under the siding, treated lumber wasn’t
used on the exposed porches, and neither was there any drainage.
FEIGENBAUM: Debate rages over the right to bear arms
House Bill 1065 would bar business owners
from prohibiting an employee from keeping a legally owned firearm in his or her locked vehicle at work.
ALTOM: Does instant messaging make business sense?
An instant messenger is one of those technologies that seems silly until you start using it.
Read MoreHICKS: So far, federal stimulus plan isn’t stimulating
It has been roughly a year since the passage of the economic stimulus, formally the more harmonious American Recovery and
Reinvestment Act. This stimulus is a textbook example of what we economists call counter-cyclical fiscal policy.
HAUKE: It’s too early to panic about latest market woes
The market gets a little roughed up and, all of a sudden, everyone is scurrying into the corner like roaches when the lights
are turned on.
Salvation Army story deserved better
A little more research on the comparison of housing costs in Indianapolis vs. Needham, Mass., was needed [in the Jan. 25
story on Salvation Army].
Anyone can feel the power of mentoring
Your headline [on the Jan. 25 Viewpoint] said it all: “Find a mentor to make you better.” January was
national mentoring month to raise awareness of the power of mentoring, which is often thought of as valuable for youth.
In BriefBack to Top
Health care reform dead; long live reform
Massachusetts’ election of a Republican senator has put health reform legislation on life support. But for the health
care industry, reform is a reality that isn’t going to die.
Contest will honor centenarians who still work
Last year, Virginia-based Experience Works recognized 101-year-old attorney Jack Borden of Weatherford, Texas.
Read MoreState sells $300 million in Tax Anticipation Notes
The proceeds will help more than 120 local government units pay their bills while they wait for their
property tax receipts.
TrendyMinds signs ad deals, extends pact with NASCAR’s Harvick
Agency to handle public relations and advertising for Cincinnati Bell’s three markets
Read MoreIndependent bookstore in Carmel ends seven-year run
The Mystery Co. in the Arts & Design District plans to host a farewell party Jan. 30, and close for good a few
days later.
Cantaloupe unveils newest e-mail marketing product
Local technology firm’s VideoHere system allows companies to embed videos in their marketing e-mails.
Read MoreTrade group TechPoint calls for Mira Awards nominations
TechPoint is now accepting nominations for its 2010 Mira Awards.
Read MoreNot-for-profit of note
College Mentors for Kids Inc. motivates youth and communities to achieve their potential by fostering inspiration to transform lives, education to change attitudes, and connections to increase opportunities. College Mentors For Kids pairs children with local college students for weekly activities that expose them to the opportunities of higher education. College Mentors For Kids serves […]
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