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David Bordenkecher
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Replicating race cars of the past: Westfield firm plans to sell Ford GT40 reproductions

January 3, 2005

An upstart Westfield company’s reproduction of the 1966 Ford GT40 Mk1 race car turns heads wherever it goes. Whether it’s on the highway or in a showroom, people can’t help but gaze at the sleek, retro roadster built to emulate the original that dominated the 24 Hours of Le Mans races nearly 40 years ago. It dethroned Italian automaker Ferrari at the 1966 event, finishing first, second and third, and went on to win the race four consecutive times. Executives…

INVESTING: Dow constructed his averages to do technical analysis

January 3, 2005

As a technical analyst I am fascinated by history. I was a history major in college, so my interest here predates my addiction to financial markets. The predictive ability of technical analysis depends on people acting in ways similar to what they did in the past. Which means technicians spend a lot of time studying the past. Long before fundamental analysis became the standard by which investors attempt to figure out future prices, technical analysis was being used to give…

Code sharing may help ATA: But analysts say Southwest Airlines unlikely to favor chairman’s international destinations

January 3, 2005

During ATA Holdings Corp.’s annual meeting in 2003, George Mikelsons told shareholders low-fare carriers must strike up alliances to weather the industry storm. He proposed code sharing that would allow passengers buying a ticket on ATA or a partner airline to fly on both and connect to potentially hundreds more destinations. Airlines would share the revenue. “If we don’t act to regroup ourselves,” ATA’s chairman warned at the time, “we’re going to be the Jonahs of aviation, swallowed by the…

ADESA pushes virtual business: Carmel firm expands Internet car auctions

January 3, 2005

As rituals go, bidders at wholesale auto auctions have a lot in common with scouts for baseball teams who troll the fields for prospects. These old salts of their trades often can be spotted in baseball caps that cast a shadow over droopy-but-keen eyes. A toothpick twitching in the corner of the mouth belies a mind focused intently on its prospect-whether it’s a pitcher on the diamond or a Pontiac puttering down an auction lane. “You pick up paint damage,…

Downtown dining changes flavors: New year brings eatery moves, winner in chocolate war

January 10, 2005

A victor has emerged from the Monument Circle chocolate war, and the spoils go to the Indiana-based warrior. Rocky Mountain Chocolate Factory closed its store at 28 Monument Circle Dec. 31, leaving South Bend Chocolate Co.’s Chocolate CafÃ© next door as the Circle’s sole sweets source. The franchise’s closing is one of several changes afoot in the downtown restaurant scene. Coming attractions include an Oregonbased seafood chain and the return of local favorite Eh! Formaggio, which is shopping for a…

Access at takeoff: Expert helps find accommodating design for terminal

January 10, 2005

Your spouse attempts to drop you off at the curb and unload your wheelchair as an airport cop who seems to mistake you for a terrorist barks an order to drive away immediately. Once inside, you get separated from your travel companions because you had to take an out-of-the-way wheelchair ramp. And heaven help you if the checkpoint screener is having a bad day. Gregory S. Fehribach has to imagine such scenarios-not that the life-long wheelchair user hasn’t already endured…

Hospital grades hit Web: State says data is helpful, but should be used carefully by health care consumers

January 10, 2005

Everything from the number of services performed to the number of complaints received is covered by the new hospital consumer reports section on the department’s Web site. Health Department officials say they’ve wanted to post this information for some time to give patients a way to make more informed choices about where to seek treatment. However, the people who post the numbers and others in health care caution that the data offers only a slice of insight. Starting late last…

INVESTING: Keeping an eye out for the next great chief executive

January 10, 2005

A client’s question recently struck me as a great thing to think about in the new year. The client wondered who would be the next Warren Buffett or Sandy Weill. The stock market exists to provide capital for industry, and in turn industry has to provide an acceptable rate of return on that capital. On a historical basis, we can easily measure the rate of return for any public company and anyone running a public company. Hence the question of…

Dems hope for some strategic input: Indiana Economic Development Council completes state plan, but it could get lost in switch

January 10, 2005

For months, Jackie Nytes has been developing a strategy for statewide economic development. It comes off the presses this week. But the inauguration of Mitch Daniels leaves her wondering whether anyone will ever read it-let alone act on its recommendations. Nytes, a Democratic member of the City-County Council, serves as president of the Indiana Economic Development Council Inc. Daniels, the Republican governor-elect, is folding all state economic development efforts into the Indiana Economic Development Corp. The corporation, a public-private partnership,…

SPORTS: Is there the will to heal college basketball’s ills?

January 17, 2005

I had a terrific lunch-time conversation with someone involved in college athletics, a person whose perspectives I admire because I know he hasn’t come to them easily. The jumping-off point for our discussion was the recent formation of the College Basketball Partnership, or CBP. It is a collection of coaches, administrators, broadcasters and NCAA staff, convened at the urging of NCAA President Myles Brand. Its task is to “address the challenges and opportunities” facing college basketball, especially at the Division…

Workers’ Comp safety net lands in new claims pool: Market of last resort changes way it handles premiums

January 17, 2005

The state ran into problems, though, when several insurers became insolvent, which cost the state more than $1 million in recent years. Starting Jan. 1, all the premiums began going into a trust account, which pays the claims as needed. The insurance providers will not be called upon unless that account runs dry, Cooper said. The state safety net for Worker’s Compensation insurance began the new year with a new plan to pay claims, one that might lead to fewer…

Tsunami relief could hurt fund raising at home: Local agencies hope charitable response doesn’t come at their expense

January 24, 2005

Philanthropic response to last month’s tsunami has mounted along with the death toll, as citizens worldwide open their hearts and their checkbooks to help southeast Asia recover. In the United States alone, international relief organizations have raised more than $400 million, observers estimate, and pledges are still flowing in. But the impressive charitable effort-perhaps second only to the outpouring of support that followed the 9/11 terrorist attacks-has some fund-raisers worried that causes closer to home will suffer. “Sept. 11 taught…

NOTIONS:

January 24, 2005

The other night, former presidents George H.W. Bush and Bill Clinton appeared on my TV. They said the tsunami had been devastating. They said people need help. They asked me to send money. “No one can change what happened,” Bush said. “But we can all Slow tsunami wreaks havoc in Indiana change what happens next,” Clinton said. I went to lunch with my editor. After the waiter announced the specials, he pointed to a tent card on the table. It…

Employers target obesity through wellness programs: Overweight workers contribute to higher health costs

January 31, 2005

Companies enjoy seeing an increase in their bottom line as a reflection of positive growth. They don’t, however, like to see growth in employee “bottoms,” as evidenced by a national obesity epidemic that is becoming a public health crisis and is cutting into corporate profits through increased health care costs. A study by the not-for-profit, nonpartisan Trust for America’s Health reported that nearly 119 million American adults-65 percent-are overweight or obese. The group warns that obesity may soon overtake tobacco…

Carter avoids blame game-so far: Museum proposal doesn’t pass judgment on past practices

January 31, 2005

Now he’s proposing a solution that’s focused on the future-even as it tacitly endorses past spending practices at the Hamilton County living history museum. His plan to establish an independent Conner Prairie and equip it with a $94 million endowment may well resolve the immediate issue, but it won’t answer the questions that drew him into the matter in mid-2003. “There have been serious claims brought to my attention about potential misallocation of trust funds that warrants review by this…

Roche CEO search continues with no end in sight: Sudden departure of Madaus last October opened up broad search for successor

January 31, 2005

Roche Diagnostics Corp. is still searching for a CEO to lead its North American headquarters in Indianapolis, and the company has cast a wide net. Roche is searching “internally, locally, nationally and internationally” for the right executive to replace Martin D. Madaus, spokeswoman Doyia Turner said. Madaus, 45, left in October to become president and CEO of Millipore Corp. in Massachusetts, Turner said. The search is going well, she said, but the company has no time frame for completing it….

Malpractice proposals clash with Indiana law: Federal reform efforts could create confusion

January 31, 2005

President Bush’s proposal to lower health care costs by capping medical malpractice awards could create questions in Indiana, where state lawmakers passed similar legislation 30 years ago. Bush made his case to reform health care earlier this month in Madison County, Ill., across the Mississippi River from St. Louis. The American Tort Reform Association has called the county the “judicial hellhole” of the nation because of a reputation for huge jury awards won by plaintiffs. The president wants to place…

ATA may fly solo again, exec says: Restructuring officer sees opportunities ahead

February 7, 2005

The retired Southwest Airlines executive helping pilot ATA Holdings Inc. out of bankruptcy said he’s confident the Indianapolis carrier could again fly solo, despite a virtual pullout from its hometown and what to some is a precarious reliance on code sharing with competitor Southwest. John Denison, former chief financial officer and executive vice president at Dallas-based Southwest, said ATA’s long-term strategy could include boosting frequency of flights from ATA’s Chicago Midway Airport hub to key markets such as New York…

European firm plants local roots in patient technology: Company to start Indianapolis operation after test

February 7, 2005

A British company has picked Methodist Hospital and Indianapolis as the birthing ground for a new way to monitor patients using technology inspired by jet engines. Oxford BioSignals Ltd. hopes to roll out its BioSign technology by the end of this year, but the Rolls-Royce partner won’t leave the city after testing ends. The company also plans to start business operations here, much to the delight of those nurturing the life sciences industry. BioSignals will begin testing its BioSign product…

New La Plaza says adios to independent NFP operations: Three groups uniting to serve Hispanic community

February 7, 2005

It took several years and a couple of gentle nudges in the direction of progress, but a streamlined support system for local Latinos is finally taking shape. Three Indianapolis not-for-profit agencies are giving up their own identities-and autonomy-to populate La Plaza Inc., an organization that aims to position itself as the place for the burgeoning Hispanic community to look for help. “When you have three or four groups working with minimal budgets and overlapping services, it can get confusing,” said…

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People

David Bordenkecher

Articles

Replicating race cars of the past: Westfield firm plans to sell Ford GT40 reproductions

INVESTING: Dow constructed his averages to do technical analysis

Code sharing may help ATA: But analysts say Southwest Airlines unlikely to favor chairman’s international destinations

ADESA pushes virtual business: Carmel firm expands Internet car auctions

Downtown dining changes flavors: New year brings eatery moves, winner in chocolate war

Access at takeoff: Expert helps find accommodating design for terminal

Hospital grades hit Web: State says data is helpful, but should be used carefully by health care consumers

INVESTING: Keeping an eye out for the next great chief executive

Dems hope for some strategic input: Indiana Economic Development Council completes state plan, but it could get lost in switch

SPORTS: Is there the will to heal college basketball’s ills?

Workers’ Comp safety net lands in new claims pool: Market of last resort changes way it handles premiums

Tsunami relief could hurt fund raising at home: Local agencies hope charitable response doesn’t come at their expense

NOTIONS:

Employers target obesity through wellness programs: Overweight workers contribute to higher health costs

Carter avoids blame game-so far: Museum proposal doesn’t pass judgment on past practices

Roche CEO search continues with no end in sight: Sudden departure of Madaus last October opened up broad search for successor

Malpractice proposals clash with Indiana law: Federal reform efforts could create confusion

ATA may fly solo again, exec says: Restructuring officer sees opportunities ahead

European firm plants local roots in patient technology: Company to start Indianapolis operation after test

New La Plaza says adios to independent NFP operations: Three groups uniting to serve Hispanic community