MAY 2-8, 2016
In the wake of two key departures from “The Bob & Tom Show,” advertisers and radio stations nationwide are keeping a close watch on the ratings. Anthony Schoettle explains what’s at stake. Also in this issue, Scott Olson outlines the city’s approach to making $750 million in sidewalk improvements when only $3 million in earmarked in the annual budget. And in A&E Etc., Lou Harry takes the wheel at Speedway Indoor Karting in an installment of “Try This.”
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‘Bob & Tom Show’ reaches ratings crossroads
In the wake of two key departures in January, advertisers and radio stations nationwide are keeping a close watch on the ratings of “The Bob & Tom Show,”.
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100th running of 500 pressures IMS to deliver sublime experience
Hulman and Co. CEO Mark Miles says he and his staff feel “a great sense of responsibility” associated with this year’s race.
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Development in Zionsville tests town’s ‘picky’ ways
A proposed Zionsville development that could bring more single-family homes, apartments and retail to the community’s downtown is wading through the town’s challenging rezoning process.
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City is far short of $750M necessary for all sidewalk needs
Repairing the city’s aging sidewalks and installing new ones where none exist would run even more than the $720 million it cost to build Lucas Oil Stadium.
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High-tech jobs surge in Indianapolis, report says
Indianapolis saw high-tech software and services employment grow 18 percent from 2012 to 2014—the eighth-fastest rate among the 30 cities surveyed, according to CBRE Research.
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Years after Irwin Union’s failure, a lawsuit yields settlement
The FDIC has settled a lawsuit against four former executives of the bank. Meanwhile, in a separate suit a bankruptcy trustee continues to press his claims against three other executives.
Read MoreIBJ wins 10 awards at state Excellence in Journalism contest
Among the winners were reporters Jared Council and Lou Harry, who won top honors for their work in business reporting and arts and entertainment coverage.
Read MoreHOOSIER BEACONS: Lew Wallace proves power of pen
The son of a Hoosier governor, Wallace trained as a lawyer, rose to prominence as a general in the Union army during the Civil War, received an appointment as governor of the New Mexico Territory, and later served as U.S. minister to the Ottoman Empire. But he is best known as the author of “Ben-Hur: A Tale of the Christ.”
Read MoreButler changes business school’s name after $25M Lacy gift
The school will now be called Andre B. Lacy School of Business, in recognition of the largest donation Butler has ever received from an individual or family.
Read MoreTeradata selling Aprimo unit at $435M discount
The Dayton, Ohio-based company, which purchased Indianapolis-based Aprimo for $525 million in 2010, is unloading the business unit for $90 million to a private equity firm.
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Mass Ave project could aid revival of corridor cut off by interstates
A redevelopment of the prized IPS property along College and Massachusetts avenues would add more housing and retail options along the bustling corridor and push activity farther east.
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City seeks to lead redevelopment of downtown IPS site
The Hogsett administration is in discussions with school administrators to take over decision-making on the 11-acre Massachusetts Avenue property and might even buy the site.
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EDITORIAL: Mass Ave project needs city in charge
Though the site is the school district’s to sell to whomever it pleases, it seemed odd from the beginning that the city had no formal role in vetting the development proposals.
Read MoreMORRIS: Your guide to the 500’s 100th running
Our tribute to the famous race is packed with little-known facts and useful information for the month of May.
Read MoreCRECELIUS: Presidential candidates’ trade rhetoric flawed
It is narrow-sighted to focus on limited aspects of a trade policy and then use those aspects to indict or endorse the entire policy.
Read MoreKENNEDY: Casting an informed vote
A substantial percentage of the American population appears to believe we elect a person to serve as “monarch” for a four-year term.
Read MoreSKARBECK: After stumbles, hedge funds fall out of favor with investors
The bloom has come off the rose of the decade-long investor stampede into hedge funds.
Read MoreBOHANON & STYRING: Corporations are about the masses, not elites
The corporate form of organization is an innovation that made modern life possible.
Read MoreNew overtime rules would create jobs
If we recall the reasons for the rule—to keep employees from being overworked at their normal pay rate, and to add more jobs/employees if employers did not want to pay time and a half after 40 hours of work in a week—raising the thresholds is easily seen as a job creator.
Read MoreAbortion column spoke the truth
I was intensely grateful for the commentary, the courage it demonstrated, and the scope of its recall.
Read MoreKennedy distorted bill restricting abortion
Very simply, those of us who know that the baby inside the womb is a living human being—nurtured in the most warm, loving environment it will ever know—believe that that this most precious, innocent life deserves the basic protection from its government.
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IU-Kokomo scores $3.5M gift from Biglari board member
Longtime Steak n Shake and Biglari Holdings board member Ruth Janssen Person has donated $3.5 million to Indiana University Kokomo, where she served as chancellor from 1999 to 2008.
Read MoreGannett makes $815M bid for Tribune Publishing
The publisher of USA Today and the Indianapolis Star went public with an $815 million offer for Tribune, which owns the Chicago Tribune and Los Angeles Times.
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Three Indiana restaurants on Bob Evans closure list
Restaurant chain Bob Evans Farms is closing 27 underperforming locations—including two in the Indianapolis area—and laying off 1,100 workers in an attempt to boost profits, it announced Monday.
Read MoreCouncil committee advances mass transit funding plan
A proposal that would let Marion County residents vote for an income-tax increase to help fund expanded mass transit passed a City County Council committee Tuesday night.
Read MoreBroad Ripple media firm nets $25M in equity round
Odyssey, a Broad Ripple firm behind a fast-growing website for millennials, has raised a game-changing sum as it plans more hires.
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