OCT. 31-NOV. 6, 2011
This week, find out what charities think of a proposal to limit tax write-offs tied to donations and read about Celadon Group's recent buying spree. In Focus, see why pharmacies are battling to keep their shelves full. And in At Home Quarterly, explore International Center CEO Diane Thomas' Meridian Kessler nest.
Front PageBack to Top
Carmel’s Palladium subsidy multiplies
The city of Carmel will subsidize its new performing arts complex to the tune of $5.5 million this year, nearly triple the amount provided last year.
Read MoreMayoral race draws gifts from outside city, state
About a third of the money that flowed to Indianapolis mayoral candidates Greg Ballard and Melina Kennedy in the most recent fundraising cycle came from donors not eligible to vote in the election.
Read MorePresidential visit to Super Bowl would up security ante
Security for Indianapolis’ Super Bowl—already ramped up from regular-season NFL games—could get even tighter. Sources said there has been talk of President Obama attending the February event.
Read MoreTop StoriesBack to Top
Celadon snub obscures other purchases
Celadon Group has swallowed, whole or in part, nine trucking firms in as many years. But the acquisition momentum lurched to a halt late this month like a semi stopped by a runaway-truck ramp when it was rebuffed by Arkansas-based USA Truck. Since then, Celadon hasn’t signaled its next move.
Read MoreCharities disagree on potential impact of tax change
Not-for-profit-sector lobbyists are fighting President Obama’s proposal to limit the tax deduction for charitable donations. Yet some local fundraisers who could be affected by it aren’t concerned.
Read MoreOwner launches HVAC business after selling family firm
Larry Howald sold his father’s 40-employee HVAC business to Lennox in 2000 during a wave of industry consolidation. He stayed with the firm for a decade, but has now left to strike out on his own again.
Read MoreLilly fights view that fate hinges on Alzheimer’s drug
Analysts have eyes on trial data for drug that could be a game-changer for the company.
Read MoreCompressed natural gas for cars shows signs of catching on
The alternative fuel may soon generate more cash for local firms because it’s much cheaper than gasoline.
Read MoreStartup aims to mend doctors’ social media woes
RepuChek software tracks, analyzes what’s being said about doctors on the Internet.
Read MoreInsurance mandate lacks teeth, WellPoint CFO says
As constitutional challenges to the health reform law’s mandate to buy insurance advance, WellPoint Inc.’s chief financial officer reiterated that the company does not object to the mandate, just to its lack of penalties.
Read MoreFocusBack to Top
Drug theft is ongoing battle for pharmacies
Over the last 12 months, the Indiana Board of Pharmacy has conducted license litigation involving at least 35 pharmacy personnel statewide who’ve been accused of stealing drugs from work.
Read MoreIndiana software firm growing with life sciences focus
RND Group fills development gaps for companies.
Read MoreOpinionBack to Top
EDITORIAL: Circles program is peace plan for class warfare
Dr. James Lemons, a local neonatologist, deserves recognition—and support—for his quest to bridge the widening gap between the country’s haves and have-nots.
Read MoreMAURER: A puzzle by and for Mensa members
Match wits with Mensa by solving this crossword puzzle.
Read MoreRUSTHOVEN: Kennedy verges on criminal accusations
Indianapolis residents cannot turn on a TV or radio without hearing Melina Kennedy ads telling voters that Mayor Greg Ballard “gave $300 million in city contracts to his political contributors.”
Read MoreHENDERSON: Behind the scenery of I-69 opposition
Your southern neighbors look at the sheer ugliness of convenience that surrounds Indy-area freeways and say: No way.
Read MoreHICKS: Lessons in macabre taxes and ghastly fiscal policy
Halloween is the time when the Hicks kids learn about taxes. As a loving father, I combine the safety examination of their treats with a lesson on the effect of marginal tax rates on productivity.
Read MoreKIM: For long-term investment treats, don’t be tricked
Don’t let the excitement and envy of somebody else’s hitting an improbable jackpot blind you to the cold, hard, mathematical probabilities of long-term investment success.
Read MoreAnother window for smoke-free air
We’re just days away from the next mayoral election in Indianapolis, and if the stumping at a recent debate holds true, supporters of smoke-free air may have reason to celebrate sooner rather than later.
Read MoreKudos for this year’s Corporate Challenge
Hats off to Indiana Sports Corp. for executing the 2011 Corporate Challenge. This community event brings together Indiana businesses for two days of friendly competition aimed at promoting healthy lifestyles and office camaraderie.
Read MoreIn BriefBack to Top
Speedway hosts meetings about potential for electric car racing series
The three-day conference looked at such things as design plans and technical infrastructure for electric racing vehicles, and preliminary business plans for such a series.
Read MoreBush Stadium gets last hurrah
City leaders and economic development officials planned to pay tribute Oct. 28 to Bush Stadium’s historical significance before work begins to convert the venue into loft apartments.
Read MoreZyprexa era comes to an end for Lilly
On Oct. 24, the U.S. Food and Drug Administration approved the first generic versions of Eli Lilly and Co.’s best-seller, ending 15 years of highly lucrative sales.
Read MoreRivers Edge spawns new retail center across 82nd Street
Veritas Realty is betting more restaurants and retailers are interested in opening stores near Nordstrom Rack and The Container Store.
Read MoreTeam owner sues IndyCar series over suspension
Mark Olson says he didn’t have enough sponsorship income to field a car in two Firestone IndyLights events, but league thought he was orchestrating a boycott.
Read MoreHorizon League signs pact with Sport Graphics
The agreement, which was negotiated by IMG College, the league’s multimedia-rights partner, will run through July 2014.
Read MorePROXY CORNER: Cummins Inc.
Cummins Inc., 500 Jackson St., Columbus, Ind. 47202 (www.cummins.com) designs and manufactures diesel engines for automotive and industrial markets.
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