OCTOBER 22-28, 2012
This week, read about Indianapolis Symphony Orchestra's ambitious fundraising goal and find out why state securities regulators are going after the investment firm that raised $5 million for homebuilder Paul Estridge Jr. And in Focus, discover the connection between tech entrepreneurs and health care providers.
Front PageBack to Top
Tax bills slashed for pair of ailing malls
Marion County is granting Simon Property Group Inc. a $2.4 million refund, after a tax review board cut the value of Lafayette Square Mall and Washington Square Mall roughly in half.
Read MoreAirport’s ground game fueling tensions
The Indianapolis Airport Authority’s aggressive effort to stop an Ohio firm from building a parking facility beyond airport boundaries has neighbors worrying the municipality will unleash its lawyers on virtually any nearby business deemed a threat to airport revenue.
Read MoreShortage of nonstop flights imperils convention biz
Indianapolis’ dwindling number of nonstop flights—especially to the West Coast—threatens to stunt the city’s convention business just as officials are marketing the expansion of the Indiana Convention Center and downtown’s hotel market.
Read MoreTop StoriesBack to Top
ISO must raise $5M in less than four months, according to deal
The Indianapolis Symphony Orchestra has until Feb. 3, 2013, to collect $5 million—almost as much as it typically raises in a full year–or its five-year agreement with its musicians that’s set to kick in the following day will be nullified.
Read MoreTindley school plans huge expansion with national grant
Charles A. Tindley Accelerated School, which currently has two locations, will use a $1.6 million grant from the Charter School Growth Fund to open five more schools over the next three years.
Read MoreUniversity endowments are digging out of deep hole
Indiana college endowments have surged back since the recession, but three-quarters closed the 2011 fiscal year below where they were when the market crashed.
Read MoreState going after underwriter of $5M Estridge offering
The regulatory action is an outgrowth of a falling-out between Indiana Securities owner Frank Neese and Bank of Indiana, which lost its entire $1 million investment when The Estridge Cos. collapsed.
Read MoreStartup answers call for better phone bank
Noblesville-based VolunteerYourVoice is setting out to revolutionize phone banks with a Web app that allows advocacy groups to manage virtual campaigns, getting instant results from calls volunteers make through their home computers.
Read MoreBig downtown office tenants shopping for space
Expiring leases have prompted at least five major users of downtown office space to assess whether to renew or relocate.
Read MoreFocusBack to Top
Indianapolis tech firms, hospitals discover mutual need
An initiative is matching tech entrepreneurs with hospital officials in the hope of solving health care problems.
Read MoreDigital marketing firm starts landing big clients
Former Google manager returns to roots to launch FoundSM.
Read MoreDANZ: Indianapolis tech community should build momentum
More money, mentoring would add fuel to lively industry.
Read MoreOpinionBack to Top
EDITORIAL: Council’s $15M CIB raid is shortsighted
Democrats on the Indianapolis City-County Council who voted to plug a hole in the city budget by charging the Capital Improvement Board $15 million risk creating more problems than they solved.
Read MoreMORRIS: Time for inspirational leadership
Rarely do we hear someone speak who has the potential to change our life, and as a result, the lives of others. I had such an experience recently and I want to share it with you.
Read MoreSTEINOUR: Midwest leads national recovery
The real news is that the Midwest in general and Indiana in particular is bouncing back. In fact, the Midwest is not only resurgent—it is leading the national economic recovery.
Read MoreKENNEDY: Elections have consequences
Try as I might, it is close to impossible to escape the political ads blanketing the airwaves in these last days leading up to the election.
Read MoreHICKS: Is family composition an economic issue?
The proximal causes of poverty—dropping out of school (one in five kids) and single parenthood (two in five kids)—are best described as failures of families.
Read MoreSKARBECK: Stocks climb as markets look past looming issues
Considering the issues to be faced in just the next few months—a heated election and the fiscal cliff—how in the world can stocks be going up?
Read MoreALTOM: ‘Mechanical Turk’ puts humans to work
Most repetitive tasks can be done by computer nowadays, but many can’t.
Read MoreQuestion Rockport
One is left to wonder why Bill Styring [Oct. 15 Forefront] and others like him were so darned slow to engage in this issue.
Read MoreSports, arts not rivals
Bill Benner’s [Oct. 15] column on arts versus sports drives home the point of the misguided view that the arts and sports are equal rivals! This column should have appeared on your front page!
Read MoreMight leave the state
[Hetrick’s Oct. 8 column] was spot on. I tend Democrat but have been voting for Richard Lugar since I could vote in 1972.
Read MoreDisheartening response
Thank you for the [Oct. 8 Morris column] on the Senate race. Some important issues seem to be swept under the rug in this important race.
Read MoreObesity battle can be won
The shocking news about obesity keeps on coming. As IBJ reported in its Oct. 8 editorial, “Residents’ health a weighty issue,” more than half of Hoosiers will be obese by 2030, costing us billions of dollars in health care and lost productivity.
Read MoreIn BriefBack to Top
Homestead credit sparks heated debate
Before the Indianapolis City-County Council adopted its budget Oct. 15, Republicans argued passionately to end a property-tax subsidy for the wealthy, and Democrats resisted.
Read MoreInstitute for Working Families wants to extend subsidies
The institute’s latest report shows how relatively small pay increases can lead to big losses in benefits, including food stamps and child care vouchers.
Read MoreUPS Foundation providing $50,000 for technology program
The Hire Technology manufacturing-logistics curriculum was developed by Conexus in partnership with Ivy Tech Community College.
Read MoreCan Lilly capitalize on Alzheimer’s breakthrough?
Eli Lilly and Co. has apparently made major medical history by being the first to develop a drug that alters the course of Alzheimer’s disease. But whether Lilly can be the first to make major money from a disease-altering Alzheimer’s drug is still in doubt.
Read MoreState to beef up busy south-side interchange
State highway officials are accepting public comments through Monday on the most recent design tweaks for a $45 million reconstruction of the busy interchange at interstates 65 and 465 south of Indianapolis.
Read MoreNFP OF NOTE: Indianapolis Chamber Orchestra
The Indianapolis Chamber Orchestra’s mission is to advance and promote music composed for the small orchestra through professional concert performances and education programs.
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