JUNE 4-10, 2012
This week, check out IBJ's annual review of executive compensation at Indiana companies—complete with a searchable database. Also, read about why Tim Durham's attorney wants to keep the financier's pre-indictment lifestyle out of court. In Focus, find out how Conexus Indiana proposes the state pay for infrastructure improvements. And in A&E, Lou Harry takes a spin through the new Hot Wheels exhibition at Children's Museum of Indianapolis.
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SPECIAL REPORT: Stock-based pay builds wealth for Indiana execs
IBJ's annual review of proxy statements for Indiana public companies found senior executives' median compensation rose 14 percent in 2011. But that analysis uses the fair market value of stock and options awards on the date they were granted. If a company's stock price surges, executives can make out far better. (with searchable database)
Read MoreDeveloper ups retail ambitions for 86th-and-Keystone site
A Wisconsin developer has beefed up plans for the southwest corner of East 86th Street and Keystone Avenue across from The Fashion Mall at Keystone.
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Durham lawyer wants lifestyle out of trial
Tim Durham’s attorney is hellbent on preventing prosecutors from fixating on the things that made the Indianapolis financier a staple of TV news and gossip columns—his fancy cars, waterfront mansion and other trappings of a lavish lifestyle. Durham’s trial is set to begin on Friday.
Read MoreRitter’s owners hope burgers will help fuel turnaround
Hoping to capitalize on the enduring appeal of Ritter’s Frozen Custard, the chain’s New York owners are launching another attempt to right-size the franchises with a new Indianapolis store, a revamped marketing plan, and burgers and fries.
Read MoreCharter schools in pipeline to be heavy on technology
Three “blended learning” educational organizations have been approved to open 19 charter schools here that combine online technology and face-to-face instruction. The strategy allows schools to save money by employing fewer teachers, yet also can produce impressive student results.
Read MoreTaxing career path ultimately appeals to entrepreneur
Accounting, church jobs lead to software firm that helps tax accountants manage property tax disputes.
Read MoreState’s advanced battery initiative charging ahead
Following setbacks, industry leaders prepare to launch innovation center downstate
Read MoreProminent downtown buildings offered for sale
Greater availability of debt financing has spurred renewed interest in real estate deal-making. Chase Tower and Rolls-Royce's downtown complex are for sale, while Capital Center is under contract.
Read MoreBASI promises ‘never again’ after big losses
Bioanalytical Systems Inc.’s new CFO won praise this month for laying out an aggressive cost-cutting plan—but not before the rest of the company’s leaders got a tongue lashing for their past performance.
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EDITORIAL: City sends message that design counts
Indianapolis’ urban design guidelines are intended to create an environment that is appealing to those who live, work and shop here. That, in turn, creates demand, providing an opportunity for future investment while protecting investments already in place.
Read MoreMORRIS: Indiana’s alcohol laws are still in dark ages
We held out long enough to be the very last state to do what should have been done years ago.
Read MoreKENNEDY: The real state of the state
Median household income fell 13.6 percent—the second-largest decrease in the nation.
Read MoreFRIEDMAN: Business tax cuts aren’t Democratic
Not only is such a plan lousy politics, but the evidence is overwhelming that there are better ways to make Indiana attractive for economic development.
Read MoreRACE: Desecrated diagonals put us at a crossroads
Both Indianapolis and Washington, D.C., were designed as capital cities—with a certain formality, heroic views, intersecting axis, monumental architecture and sacred places.
Read MoreHICKS: UL model could fix financial regulation morass
We need a compromise that preserves innovation and mitigates the tendency for the sort of moral hazard that fueled the last recession.
Read MoreSKARBECK: Facebook flop casts doubt on remarkable valuations
After a year of escalating hype, Facebook’s May 18 initial public offering failed to come anywhere near Wall Street’s glorified expectations.
Read MoreALTOM: Backups are important—just ask the folks at Pixar
Do you know where your backups are, right now? Most of us don’t, or if we do, we don’t know what shape they’re in.
Read MoreGreen energy no panacea
Chris O’Malley’s [May 28] article on the Sierra Club left out some rather stunning statistics.
Read MoreSimon grossly overpaid
Having experienced a somewhat predictable rejection of the proposed compensation package for CEO David Simon, the board of Simon Property Group now will propose a lesser amount which, by comparison, will seem reasonable.
Read MoreTaxes from big incomes leaving Marion County
Despite the location of Simon Property Group’s tax-subsidized headquarters in Indianapolis, Marion County income tax coffers will see little impact from David Simon’s compensation.
Read MoreIn BriefBack to Top
ChaCha joins list of elite startups
Red Herring magazine’s annual list of top tech startups previously included the likes of Facebook, Google and Yahoo.
Read MorePNC economists think local recovery will take hold
Second-quarter forecast for Indianapolis is positive in spite of Lilly, small business concerns.
Read MoreFormer MTV anchor’s photos on display at Indianapolis Museum of Contemporary Art
IMOCA has history of building exhibits around pop-culture figures.
Read MoreMurphy USA opens quick-charging stations for electric cars
Speed is thought to be an obstacle to the widespread adoption of plug-in vehicles.
Read MoreIndiana fair lawsuits won’t go to trial until 2014
A group of lawsuits filed over last summer's deadly Indiana State Fair stage collapse likely won't go to trial for nearly two years.
Read MoreNFP of NOTE: Boys & Girls Clubs of Indianapolis
Boys & Girls Clubs of Indianapolis believes that every young person deserves to live a life filled with hope and opportunity.
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