JANUARY 24-30, 2011
This week, find out why the emphasis on smaller classes is shifting in the education reform debate and see why some motorsports insiders think IndyCar racing is making a comeback. In Focus, read why mergers and acquisitions are primed for a burst of activity. And in A&E, check out the warm, family atmosphere at Donatello's Italian Restaurant.
Front PageBack to Top
Unions looking to make Hoosier comeback
Indiana could be on the front line in the United Auto Workers’ campaign to unionize foreign-owned plants.
Read More21st Century Fund pockets a payoff from sale
The state’s principal fund investing in high-tech companies has reached a milestone—for the first time recouping all the money it granted an emerging company, and then some.
Read MoreTop StoriesBack to Top
Class size takes back seat in education debate
In his State of the State address, Gov. Mitch Daniels called class size “virtually meaningless” in determining which kids succeed.
Read MoreTrucking firms need drivers; students can’t afford training
A study by the Council of Supply Chain Management Professionals estimates that the trucking industry needs to hire 200,000 more drivers this year, but some driver-training schools locally say many potential students don’t have the $3,000-to-$5,000 or more for tuition.
Read MoreCity push on building codes draws gripes
A vigorous effort by city officials to enforce building-safety codes has some concerned that it’s becoming tougher to revitalize older properties.
Read MoreAnalyst says spurned Simon still has plenty of potential
Simon Property Group Inc. used multibillion-dollar buyouts to become the nation’s largest public real estate company. So should investors be worried its last two acquisition bids have gone bust?
Read MoreLegislation seeks RFP option for selling state land
The bill would allow the Indiana Department of Administration to sell real estate using a request for proposals, in addition to existing options for competitive bids or an auction.
Read MoreIndyCar, other circuits show signs of motorsports recovery
Open-wheel series leads resurgence in sponsorship dollars flowing to racing circuits, venues and teams.
Read MoreNAI Olympia vets join brokerage startup Alliance
If Alliance grows as fast as projected, it could break into the city’s top-10 largest commercial real estate brokerage companies for 2011, based on IBJ’s Book of Lists.
Read MoreFocusBack to Top
Indiana companies prepping for burst of acquisitions
Conditions are ripe for a barrage of mergers and acquisitions to take place this year.
Read MoreUptick in M&A activity suggests a turnaround
Fourth quarter helps to bolster 2010 deal-making.
Read MoreIndiana mergers and acquisition ranged upward of $2.3 billion
Simon Property Group’s acquisition of Prime Outlets was the largest by an Indiana company in 2010.
Read MoreOpinionBack to Top
EDITORIAL: Time for mayor to clear the air, back smoking ban
Another year, another parade of editorials, opinion pieces and studies that call for Indiana to join its neighbors in banning smoking in all workplaces.
Read MoreMAURER: This is a broker’s tale worth reading
“Twelve years after I popped out, I learned to sell. During the next three, I began to write. Fifty years later, I discovered how to kill.” Thus begins the journal of investment adviser Jack Chap, protagonist in John Guy’s novel “Middle Man, a Broker’s Tale.”
Read MoreMARCUS: A good bill benefits dinosaur buildings
Building owners or developers use the Indiana Industrial Recovery Income Tax Credit to reduce their costs in restoring or rehabilitating dinosaur industrial structures.
Read MoreCOX: Shrinking government can increase costs
Legislation will likely be introduced in the Indiana General Assembly to abolish township governments and consolidate their functions into counties. As in the past, the proponents claim this would save money for taxpayers. Nothing could be further from the truth.
Read MoreFEIGENBAUM: Daniels experiences pushback even from Republicans
Assorted issues advanced by Republican Gov. Mitch Daniels are confronting political pushback—from his Republican legislative majority.
Read MoreHICKS: Earmarks need overhaul, but they aren’t entirely bad
Our influential senior senator, Richard Lugar, and 6th District congressman, Mike Pence, disagree on an outright ban on earmarks. This is a rare case in which the differing concerns of both men are right.
Read MoreSKARBECK: Big banks still face issues over soured mortgages
The U.S. banking system continues on its path toward healing—with many thanks to the ongoing generosity of U.S. taxpayers.
Read MoreChildren need broad education
I applaud Bruce Hetrick’s column (Jan. 10, “Why this public-school baby fears school reform”) for its keen observations about the value of education in the arts and humanities.
Read MoreCriticism of IEDC was off-point
Professor [Morton] Marcus’ warning about the perceived under-appreciation of local economic development organizations [in his Jan. 10 column] places a spotlight on the importance of these groups and those who lead them.
Read MoreShould teachers be unionized?
[In response to Teresa Meredith’s Jan. 10 column in Forefront] I would like to know, if collective bargaining has all of those benefits, why are our public schools performing so badly that a great percentage of the students do not graduate?
Read MoreUnion backer has vested interest
The reason [Teresa] Meredith is so gung-ho regarding her union stance is she has so much to lose: 18 years into her profession, vice president of the Indiana State Teachers Association, her pension and benefits.
Read MoreIn BriefBack to Top
Evans dreams big as Clarian becomes IU Health
Clarian Health, which is set to change its name to Indiana University Health on Jan. 24, is relying on the academic expertise of its downtown Indianapolis hospitals to pull in patients from a wider swath of the state and the nation.
Read MoreFormer Allison exec settles suit alleging bribery
A former China-based executive of Allison Transmission has agreed to drop a lawsuit that claimed the company won business by bribing foreign officials. But it's likely that the firm still must deal with scrutiny from the Department of Justice, according to one legal expert.
Read MoreInvestment firm buys former bank branch
C.H. Douglas & Gray will relocate to 71st & College building previously owned by PNC Bank.
Read MoreNew restaurants line up along 82nd Street
A second Harry & Izzi’s location is set to open on the stretch between Castleton Square and the Fashion Mall.
Read MoreColombian Army lands aircraft at Eagle Creek
South American country joins local aviation firm’s list of international clients.
Read MorePROXY CORNER: Fortune Industries Inc.
Indianapolis-based Fortune Industries Inc. is a professional employer organization to small and mid-sized businesses in 48 states.
Read More