IRL signs major deal with Coke
The Indy Racing League today announced a multi-year agreement with Coca-Cola North America that will make Coca-Cola an official sponsor of the Indy Racing League through 2010.
Terms of the category exclusive deal were…
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Judge this elevator speech
Results are in for Purdue Universityâ??s second annual Elevator Pitch Competition, and a transcript of the winning
pitch for the graduate-level division is below.
Bob Caswell spit this out in less than two minutes, less time than the ride to the…
Subprime mortgage losses hit Conseco
Investment losses on subprime mortgage-backed securities and an adjustment to tax assets led Conseco Inc. to a big loss in its fourth quarter.The Carmel-based insurance company reported final financial results for 2007 last night – two weeks after reporting preliminary results. Final results were delayed because of a conversation between Conseco and the Securities and […]
Danica a hit with kids
While Danica Patrick earned a sixth-place finish in the Indy Racing League season opener at Homestead-Miami Speedway, 2,740 miles away in Los Angeles she was the winner of another contest.
The Andretti Green Racing…
Full circle on panhandlers
Does the political party of Indianapolis mayors influence how they deal with panhandlers, or is it just coincidence?
Steve Goldsmith, a Republican, used the police to crack down on panhandlers, pushing many of them out of
downtown.
In his eight years, Bart…
Unified IRL off to fast start
The early returns are good for the Indy Racing League. Attendance and television ratings at Saturday’s season opener in Miami were up and local media and fans raved about the on-track racing.
Although the…
You-review-it Monday 3/31
This whirlwind of a weekend (if you count Thursday) included a “Showboat” revisit at Beef & Boards, a play I won’t be discussing here on Friday night, and a run to the Humana Festival of New American Plays in Louisville…
Lechleiter’s reign at Lilly
Tomorrow, John Lechleiter takes over from Sidney Taurel as CEO of Eli Lilly and Co.
A chemist who came up through Lillyâ??s labs, marketing and finally, as president and chief operating officer,
Lechleiter faces major pressure.
Lilly stock has trended…
Obama taking downtown space
Sen. Barack Obama’s presidential campaign plans to temporarily take over one of the city’s most prominent retail spaces. The campaign has reached a deal to open an office in Flagstar Bank’s former…
Developer pulls back on growth to survive precarious economy
The CEO of locally based Lauth Group Inc. says most people he knows in the business, even the steely types who always project
optimism, are privately nervous about the economic morass that began with a collapse in subprime mortgages.
VOICES FROM THE INDUSTRY: New architecture contracts bring interesting changes
Change. While it is a buzz word that some political candidates throw around like candy, the construction industry is bracing for an important and imminent change of their own. The American Institute of Architects has produced standard contract forms for the construction industry for more than 100 years. Regardless of your perspective on such forms, the AIA forms still are the most commonly used standard forms in the industry. The AIA released their updated and revised set of contract forms…
Property-tax reform may force cutbacks in urban school districts
Many Indiana school districts say they have no choice but to brace for cutbacks in areas like school repairs, computers and
transportation thanks to the property tax reform measure approved by the General Assembly and signed by Gov.Mitch Daniels.
THE TRAVELING LIFE: Not for the night life: On tour in Saudi Arabia
Shortly after arriving in Jeddah, it became clear that you don’t go to Saudi Arabia for its night life. With very little interaction of the sexes, a virtual ban on flirtation, a total prohibition on alcohol, smoking, dancing and movies, there was not much for our little tour group to do after dinner each evening. As for the days, well, they were different than anything you could experience here in the U.S. … particularly for the women in our group….
Commentary: Daniels, IEDC burning things up
My friends at Crain’s Chicago Business have published several stories about the state of Indiana’s economic development efforts since Gov. Mitch Daniels took office and launched the Indiana Economic Development Corp. in 2005. They never used to write much about Indiana. In June that year, an Illinois economic development official was quoted in Crain’s saying, “It seems like every time I turn around on a project along Interstate 80, there’s Indiana breathing down my neck.” A year later, a guest…
VOICES FROM THE INDUSTRY: Building a business case for what the city needs next
With the deflation of the RCA Dome, Lucas Oil Stadium will become the home of the Colts, the NCAA Final Four and, hopefully, the 2012 Super Bowl. In late October, the new Indianapolis Airport will become the remarkable new gateway to our city. Yes, 2008 should be an amazing year. Then what? Expansion of the Indiana Convention Center and construction of the JW Marriott complex will soon be under way. As we bike around downtown on the Indianapolis Cultural Trail,…
BEHIND THE NEWS: 2 tech firms planning IPOs get curveball from markets
Aprimo Inc. and ExactTarget Inc. haven’t had to weather the recent stock-market turmoil. Not directly, at least. But the two Indianapolis software companies-which filed plans for IPOs last fall, when markets were comparatively serene-surely would have made their public debuts by now if conditions had remained favorable. Lately, they’ve been anything but. The tech-heavy NASDAQ Composite is off 12 percent in the year. And the volatility of the Dow Jones industrial average is enough to make anyone queasy. One day,…
Goldberg contest counts on business: Companies find recruits, marketing opportunities
In terms of advertising revenue, the Final Four it ain’t. But the national Rube Goldberg Machine Contest at Purdue University is attracting more corporate sponsorships than ever before. Named for the Pulitzer Prize-winning cartoonist, the annual event scheduled for April 5 is a testament to his drawings that lampooned government policies by using complicated contraptions to complete trivial tasks. This year’s assignment is to assemble a hamburger consisting of at least one patty, two vegetables and two condiments between buns….
A&E: DK’s French program accented by Pratt piece
Yes, we are still early in the calendar. But it would be unfair of me to expect to see anything on stage in Indy this year that is more beautiful, more h e a r t – w r e n c h i n g , more exquisitely executed, and more complete than the third movement of “Tangled Web,” offered March 20-23 by Dance Kaleidoscope as part of its “The French Connection” program. I try to refrain from loading…
VIEWPOINT: Get on board with transit, or miss the bus
The Crossroads of America is at a crossroads-a transportation crossroads. And the direction we choose will affect our area’s competitiveness and economy for decades. It’s imperative that we embrace mass transit. Mass transit matters because it correlates to a key concern for companies planning to move or expand: access to a qualified work force. In choosing a community, companies assess obvious factors such as site acquisition costs and taxation, but even those typically take a back seat to work-force access….
ECONOMIC ANALYSIS: Talk of corporate greed falls flat with this economist
It is an election year again, and talk of corporate greed, that stalwart in the lexicon of electioneering, once again fills the airwaves. An economics columnist usually wouldn’t write about matters of sin. But attacks on greed always seem to have a policy message attached, and that is a big problem for all of us. Formally, corporations cannot be greedy. Corporations, not being human, cannot feel the weight of sin and so do not exhibit greed any more than they…