JUNE 14-20, 2010
This week, find out why three of four principals of Page Development faced a magistrate. Also, see how the Indiana World Skating Academy has managed a reprieve on eviction from its Pan Am Plaza home. Hear how high school songbirds fared in performances from The Great American Songbook. And in Focus, learn how student data will transform teaching in Indiana public schools.
Front PageBack to Top
Research reforms will force Lilly, others to test how drugs stack up
The federal government is currently doling out $1.1 billion in stimulus funds to pay for research that compares multiple medical
treatments against one another to determine which is most effective. Drug companies like Eli Lilly and Co. are wary that comparative-effectiveness
research could threaten their sales.
Cummins in position to benefit from new fuel standards
Cummins Inc. is counting on fuel-efficient technology to be a major driver of its future growth. While the company is keeping
its new diesel-engine prototypes under wraps, it is open about its strategy of urging environmental regulators to roll out
increasingly strict standards.
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Developer facing legal action everywhere it has built condos
Three of the four principals in Page Development were in court June 8 to sift through the fallout from a $1.35 million judgment
against them. It’s only the tip of Page Development’s financial straits.
Independent optic lab fights giants with technology
Bill Harding and his two partners in LensTech Optical, Greg Kyle and Greg Dallas, are striving to keep up with as many of
the changes in the eyeglass manufacturing business as possible. It’s a tall order for a lab with fewer than 30 employees.
Is going multimodal next for Carmel?
Carmel’s virtual Disney World of new, high-density attractions—from the mixed-use City Center to the Carmel Arts and Design
District—were built with walking and biking access in mind. A recently completed study shows the potential to link numerous
other city destinations by multiple forms of transportation.
Whopping dividend puts obscure oil refiner in spotlight
The financial underpinnings for the current quarterly dividend—45.5 cents per share—seem less than sturdy.
Read MoreWorld Skating Academy gets reprieve, remains on thin ice
A fixture in downtown Indianapolis since 1987, the Academy hasn’t yet been evicted from its Pan American Plaza ice rinks,
but it operates under a cloud of uncertainty.
Indy entrepreneurs draft plans for 3 microbreweries
Three local microbreweries—Triton Brewing Co., Bier Brewery & Taproom and Flat 12 Bierwerks—are planning
to open in the next few months in a rush inspired in part by the runaway success of homegrown Sun King Brewing Co.
Long-vacant Washington Street buildings headed for revival
Workers are restoring facades on two empty buildings along Washington Street just east of Meridian Street as part
of
a
retail
and residential redevelopment.
Fort Ben home, condos headed to auction
The former home of the commanding general at Fort Benjamin Harrison and four condominiums at the old army base are being auctioned June 17, a reflection of the difficulty of selling high-end condos in a soft real estate market.
Read MoreFocusBack to Top
Indiana bringing information revolution to public schools
The state is building a massive data system with a tough-love intent of rewarding good educators and schools and hammering
poor performers.
OpinionBack to Top
EDITORIAL: Next grand plan for City Market
While it seems ominously similar to earlier efforts, there are components that might result in a better outcome.
Read MoreMAURER: Take a chance on Brightpoint shares
Here’s the new plan: Purchase the stock at $7.25 to $7.50 a share, and hope to realize a 15-percent to 20-percent gain
in the short term.
MARCUS: English skills lead to economic success
Unless you have extraordinary assets, your communication skills will go a long way to determining your social and economic
standing.
ROWLAND: Monument Circle is all about traffic
Time and again, communities have tried pedestrian plazas in downtown areas and have failed because, without cars, there are few people, and businesses failed.
Read MoreEducation deficit perpetuates itself
There are plenty of parents who don’t have a high school diploma, or didn’t attend secondary education, for all kinds of reasons.
Read MoreArts is key to education
We too often underestimate a young childâ??s ability to be engaged and inspired.
Read MoreHICKS: Derivatives don’t deserve their scary reputation
One major part of the legislation will target derivatives. This is an arena where the financial services industry does itself
no good from a public relations sense.
SKARBECK: Municipal bond defaults might be next crisis
for decades, politicians have regularly boosted public pension benefits to score election gains, while neglecting the long-term costs to municipal budgets. Now the bills are coming due.
Read MoreIn BriefBack to Top
Circle City Sweets takes chance on Indianapolis City Market
The stand that sells fresh baked goods opened last month, undaunted by the market’s recent history.
Read MoreIndianapolis Symphony Orchestra women’s committee adopts more inclusive name
The 800-member group hopes to attract more men to its ranks.
Read MoreGroup forms to protect Pleasant Run watershed
Led by Sky Schelle, east-side residents have formed The Friends of Pleasant Run.
Read MoreLilly taps O’Connor as state lobbyist
O’Connor, chief deputy mayor under former Indianapolis Mayor Bart Peterson, started Monday as Lilly's director of
state government affairs—working again under Peterson.
Simon Youth Foundation hires Hetrick to handle national branding, marketing
Simon Youth Foundation, a local not-for-profit, helps at-risk high school students across the country by partnering with local
school systems.
Just Marketing International nabs Formula One deal in India
India-based JPSK Sports Private Ltd. hired JMI to provide strategic consulting for the venue that will host the inaugural
Formula One Indian Grand Prix in 2011.
PROXY CORNER: Republic Airways Holdings Inc.
Republic Airways Holdings Inc. provides scheduled passenger, charter and air freight services.
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