OCTOBER 18-24, 2010
This week, see why Gov. Mitch Daniels and public schools chief Tony Bennett have a vested interest in who gains control of the Indiana House this fall and read about why Zionsville galleries are closely tracking the development of Carmel's arts district. In Focus, see how area banks are faring in the current economy. And in A&E, find out what Lou Harry thinks of the Indianapolis Museum of Art's new Andy Warhol exhibit.
Front PageBack to Top
Indiana Live swamped by debt, faces potential default
Owners of the Indiana Live racetrack and casino face an interest payment on the lion’s share of their $544 million in debt next month, as credit analysts continue fretting about the company’s ability to pay its bills.
Read MoreGlicks changing charitable approach
After pledging $62 million for a series of high-profile capital projects in and around Indianapolis, Eugene and Marilyn Glick’s charitable foundations are changing directions, making programs and services their top priority.
Read MoreDaniels hoping GOP victory will pave way for education reform
Gov. Mitch Daniels and public schools chief Tony Bennett have major legislative changes they want to make to implement their education reform ideas—but to do it they need their Republican Party to regain control of the Indiana House of Representatives.
Read MoreTop StoriesBack to Top
Court revisits IURC ruling after agency lawyer jumps to utility
A Duke Energy case handled by an Indiana Utility Regulatory Commission lawyer—while he jockeyed for a job with the utility—is headed to the Indiana Court of Appeals.
Read MoreZionsville galleries watching Carmel arts district
Zionsville gallery owners are stepping up their collective marketing efforts as Carmel’s Arts and Design District has landed a new wave of artists and gallery owners over the past five months.
Read MoreAudio recording history on display in dealer’s HQ
Van Ausdall & Farrar got its start when innovator Thomas Edison selected it as an Ediphone distributor. Since then, the company has been proud of its association with the American icon, and now Van Ausdall has its own in-house Voice Museum to pay homage to its history.
Read MoreWorker suit blasts Dick’s for ‘chronic understaffing’
The case alleges the sporting goods firm broke Indiana law by requiring employees to work when they were on break and at other times they weren’t on the clock.
Read MoreIndiana Pacers launch combine to scout for top salespeople
Representatives of at least 17 professional sports franchises will be here looking for talent to add to their business teams.
Read MoreSuburban hotels take a beating as downtown recovers
As revenue per room falls, some hotels outside the center city are going on the auction block.
Read MoreEntrepreneurs give sales pitches high-tech twist
The site allows users to create and save sales proposals online. Those sending the proposals then can track who is viewing the documents, which parts they’re examining and for how long.
Read MoreDeveloper of Binford Medical Complex files for Chapter 11
The developer of an unfinished medical office complex on Binford Boulevard has filed for Chapter 11 bankruptcy protection in hopes it can retain control of the property and resume construction later this year.
Read MoreFocusBack to Top
Banks tread water as they wait for economy to improve
Banking experts say the health of Indiana institutions is taking baby steps forward along with the tepid economic recovery. But in these times, recovery looks grimmer than one might expect.
Read MoreHentschel ramrodding KeyBank development in Indianapolis
Exec adds branches, deposits, after completing a stint at a human-resources firm.
Read MoreOpinionBack to Top
EDITORIAL: Judge North of South project on its merits
The city’s plan to provide an $86 million loan for the mixed-use North of South real estate development adjacent to the Eli Lilly and Co. campus has drawn criticism from those who think the city should focus first on other needs, such as IndyGo and public libraries.
Read MoreMAURER: Make a statement this Halloween
What to wear? What to wear? You are probably having difficulty trying to decide on a costume for Halloween. Lady Gaga is reported to be the best-selling costume this year, but if you cannot abide her wacky style, here are some better choices.
Read MoreMARCUS: Just ignore ill-conceived rankings
The 24/7 Wall St. website asks the question, “How well-run are America’s 50 states?” To answer this complex question, “we chose what we considered to be the 10 most important ranking [sic] of financial and overall government management.”
Read MoreGUY: Do meter-contract critics have a plan?
If clear certainty were a business criterion, nothing ever would happen.
Read MoreHICKS: Why the stimulus didn’t stimulate enough
The failure of the American Recovery and Reinvestment Act to deliver us from high unemployment will provide research grist for economists for decades to come.
Read MoreSKARBECK: Biglari’s pay plan is raising eyebrows
Unfortunately, if BH thought it was breaking ground in the field of executive compensation with this plan, it has fallen short.
Read MoreOnline retailers should collect taxes
This is not just a matter of fairness. It is the law in most states that consumers pay sales taxes on Internet and catalog purchases.
Read MorePraise for ‘Q’ column
I agree with [Mickey Maurer’s Oct. 4] thoughts on the “Q factor.” In the first 14 years of my career, I never considered it. The result was seven relocations and our kids being in three schools by fifth grade.
Read MoreIn BriefBack to Top
Lilly falls short on ‘field goal’ attempt
Eli Lilly and Co.’s “miss” on a new use for its cancer drug Alimta was a rare failure to get an existing drug approved for a new use—even though the company has struggled mightily to get entirely new drugs to market.
Read MoreIndianapolis wins state “Green Community of the Year” award
Mayor Greg Ballard has unveiled a number of green initiatives, ranging from widespread use of hybrid vehicles to making the City-County Building more energy-efficient.
Read MoreChristian Theological Seminary to search for new president
The current president will retire next June 30 but continue in an advisory role as the school begins to develop new educational approaches.
Read MoreRetailers opening new stores around Indy before holidays
OshKosh B’gosh will open its first Indianapolis store next to The Fashion Mall at Keystone.
Read MoreUSA Track & Field hires search firm to find CEO
A California firm was hired to replace fired former leader.
Read MoreProsolia Inc. restructures top management
The company, which develops mass spectrometry devices used in the life sciences and industrial chemistry, has a new CEO, among other changes.
Read MorePROXY CORNER: Arcadia Resources
Arcadia Resources Inc. offers pharmacy services. In addition, the company provides home health care staffing and sells medical equipment by catalog. Its flagship pharmacy product is DailyMed, which packages dosages of prescription medicines into individual packets labeled with the time of day they are to be taken.
Read More