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EYE ON THE PIE: Watch your pocket; someone may pick it-WEB ONLY
This is a cautionary tale. Beware of your best commercial friends, your most trusted business allies, your most generous corporate supporters. They may abandon you when you need them most. Let’s fill in the details. NCR Corp. (formerly National Cash Register) was founded in Dayton, Ohio, in 1884. It became one of the great innovative […]
Half of state’s public-company CEOs saw pay rise in 2008
For investors, 2008 was the worst year since the Great Depression. Even so, more than half of the state’s public-company executives
saw the value of their pay packages rise from 2007—despite the fact that only 10 of the companies posted a positive total
return in 2008, and 46 companies shed more than one-third of their stock market value.
City deal would cost CIB-WEB ONLY
The Capital Improvement Board could be forced to give up one of its most profitable assets so the city can pull off a $65-million public-private downtown development deal. The city has agreed to help a developer revitalize the vacant former Bank One operations center in part by acquiring an adjacent parking garage for $18.5 million. […]
NOTIONS: Dear fellow citizen: What were you thinking?-WEB ONLY
Last week, I posted a message on Twitter and Facebook. “It’s time to columnize,” I said. “What issue is ripe for enlightenment (or disparagement)?” My microcosm erupted. Tristan tweeted to suggest puppy-mill dogs. “More specifically, the view by their breeders that they’re simply goods to be sold.” Randy suggested a piece on “the insanity” of […]
Local marketer in midst of F1 fight
Just Marketing International’s Zak Brown has found himself in the middle of the fight between Formula One teams and organizers. In London the past week and this weekend for the British Grand Prix…
Nora post office to close
One of the city’s busiest post office branches will close in the coming months to clear the way for a possible expansion of the Target…
F1 fight affects Speedway future
You can bet the folks at the Indianapolis Motor Speedway are watching closely at the family fight taking place within Formula One.
They might even be wondering if F1 teams and officials recall what…
Merits, demerits of adjunct profs
Ivy Tech Community College canâ??t hire adjunct faculty fast enough to teach its ballooning number of students.
The system is scouring locales where its campuses are located for people with masterâ??s degrees who could
teach part time: The going…
Nike names Lilly CEO Lechleiter to board-WEB ONLY
Beaverton, Ore.-based athletic footwear and apparel maker Nike Inc. said today it named Eli Lilly and Co. CEO John C. Lechleiter to its board of directors. Lechleiter, 55, was named president and CEO of Indianapolis-based Eli Lilly in 2008 and became chairman of the board in 2009. “John’s combination of executive leadership and expertise leading […]
Airport bat habitat could become public park-WEB ONLY
The Indianapolis Airport Authority board is set to vote tomorrow on a plan to lease 209.5 acres now used as a bat conservancy to Hendricks County Parks and Recreation as a public nature park. The proposed Sodalis Nature Park is west of County Road 975 East, between County Road 750 South and County Road 800 […]
Cummins loses important Chrysler contract-WEB ONLY
Columbus-based Cummins Inc. has lost a major contract to produce diesel engines for a new line of pickup trucks for Chrysler, the Cleveland Plain Dealer reported today. Normal 0 false false false MicrosoftInternetExplorer4 Cummins anticipated producing the engines for the automaker’s Dodge Ram 1500 line starting next year, but Chrysler canceled the contract as part […]
Pyne pushing Danica to NASCAR?
There’s only one thing for sure when it comes to Danica Patrick’s career future. She isn’t showing any (or at least many) of her cards. Yes, she’s hinted (again, remember 2006) she might…
Indiana House sends state budget plan to Senate-WEB ONLY
The Democrat-led Indiana House has approved a new state budget that now heads to the Republican-ruled Senate for a major overhaul. Republican leaders in the Senate hope to outline their budget proposal tomorrow, and changes could be made to the House budget that same day. The Senate will likely revamp the spending plan to be […]
Employer health costs expected to rise 9 percent-WEB ONLY
Employers who offer health insurance coverage could see a 9-percent cost increase next year, and their workers may face an even bigger hit, according to a report from consulting firm PricewaterhouseCoopers. Costs will rise in part because workers worried about losing their jobs are using their health care insurance more while they still have it, […]