State feels pain from health care costs
Spending on health care is rising faster in Indiana than it is across the country. Yet the state’s job and income growth continue
to lag national norms.
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IEDC ups pressure on Shelbyville’s Intelliplex park
Shelbyville leaders and residents are grumbling about restrictions the Indiana Economic Development Corp. just slapped on
Intelliplex, their $22.8 million certified technology park.Commentary: A bibliophile’s view of Indianapolis
A public library preserves the record of humanity’s intellectual, scientific and artistic achievements, as well as its failures. Those records and the people who facilitate the community’s access to them support democracy, encourage economic development, sustain lifelong learning, and foster an information- and technology-literate community. A community’s investment in its public library system symbolizes the importance of the civic role of public libraries in ensuring an informed society. In our community, the Indianapolis-Marion County Public Library Foundation raised more than…
Leader program builds following: Center for Leadership Excellence set to welcome third class of execs
Ten times a year, for 24 hours, a select group of executives leaves the comforts of career to embark on an experience meant to mold the participants into better leaders. They gather on Thursday evenings for dinner, bunk overnight at a hotel, and spend the following day listening to the likes of Dennis Perkins, author of “Leading at the Edge: Leadership Lessons from the Extraordinary Saga of Shackleton’s Antarctic Expedition.” Or, they may travel to Saint Meinrad in southern Indiana…
EYE ON THE PIE: An open letter to new mayors
It’s strange, but we don’t know who will be the mayors of our Indiana cities for the next four years. Ah, yes, you and I read results in the newspapers and saw jubilant winners on TV congratulated by humbled losers. But how do we know for sure until the state tells us? I didn’t find the latest results on the secretary of state’s Web site. It does have the May 7 primary election results, which provide fascinating information for those…
WellPoint broadens push to improve health
WellPoint, Indiana’s largest health insurer, is making more noise than ever about what it’s doing to help improve Hoosiers’
and Americans’ health.Clarian hospitals in Avon, Carmel turn corner after big losses
Clarian Health officials say the only way they can keep operating their medical centers downtown is to support them with profitable
suburban hospitals. So far, it seems Clarian is on the right track. As Clarian moves forward with a new, $180 million hospital
in Fishers, its two existing suburban hospitals are starting to make money.‘Mystery man’ at helm of Premier Properties dreams big, but bills pile up
Christopher P. White is arguably the city’s most daring real estate developer. But an IBJ review of hundreds of pages of public
records shows White and his Premier Properties USA Inc. are facing major financial and legal challenges.When work no longer satisfies, execs answer charity’s call
When Jim Cotterill became president of the newly formed Hoosier Christian Foundation in August, it capped off six years of
soul-searching for the Indianapolis entrepreneur. Cotterill represents growing numbers of local business professionals who
have diverted their time and talent to charity and service.For city politics, back to the future: GOP returns without guarantees
The Republican party dominated city government here in the 1970s, ’80s and ’90s, and for much of that time it was assumed that the party’s lock on city hall was tamper-proof. Voters proved that theory wrong in 1999. Whether it was changing demographics or the fatigue that sets in when one party rules for too long, the public turned the mayor’s office over to Democrat Bart Peterson. Four years later, Peterson easily won re-election and the Democrats won the City-County…
Running Co. takes aim at sporting-goods giants
Retired Olympic distance runner Bob Kennedy and his business partner, Ashley Johnson, have expanded their Running Co. to four
stores. The most recent expansion is their boldest yet, pitting them against mall giants Dick’s Sporting Goods, The Finish
Line and Foot Locker for supremacy among south-side runners and walkers.Not-for-profits lack solid IT foundation, study says: NPower Indiana says most groups fail to meet basics
A new study suggests a large percentage of the region’s not-for-profits still struggle with inadequate technology that undermines productivity, invites security breaches and hinders their community outreach potential. NPower Indiana, a not-for-profit that provides low-cost technology consulting and services in central Indiana, studied 34 local not-for-profits under a grant from Verizon Foundation and Anthem Foundation. It found that 85 percent are “constrained by outdated PCs or operating systems, which can seriously affect their system’s stability, efficiency and ability to run…
Financial troubles mount for local developer: Memo: Unpaid contractors are demanding payment
Premier Properties USA Inc. is scrambling to keep up with bills for basic services including snow removal, security and interior design-more signs of financial troubles for the developer of Metropolis in Plainfield and the proposed Venu project in Indianapolis. The local firm is facing liens of more than $3.5 million for unpaid work on its Plainfield retail properties, and an internal e-mail obtained by IBJ suggests Premier’s problems don’t stop there. The e-mail, from Premier executive Mike Diamantides, says pressure…
Are unions making a comeback?
Weâ??re accustomed to hearing that unions represent a smaller and smaller proportion of the American work force.
Yet, government figures released last week show the first increase in union membership in 24 years, with
about 12.1 percent of workers in unions….Report sees jackpot with BioCrossroads, but expert sees obstacles
Three months after launching an initiative to boost drug-development firms in Indiana, officials at BioCrossroads have written
a report that attempts to show in detail the vast market opportunity they see.Memory Gardens lawsuit seeks $20 million
An Indianapolis law firm has filed a class-action suit seeking more than $20 million from a pair of financial-services firms
it says facilitated the transactions that allowed a New Jersey couple to plunder cemetery trust funds. Cohen & Malad LLP filed
the lawsuit late last month on behalf of thousands of customers of Indianapolis-based Memory Gardens Management Corp., which
owns Memory Gardens in Greenwood, Lincoln Memory Gardens in Boone County and other cemeteries. The defendants are the company,
New York-based…Open-wheel reunion creating more business opportunities
In the end, the catastrophic sponsorship shift from open-wheel racing to NASCAR became too much to ignore, driving the long-divided
sides of Champ Car and the Indy Racing League back into a unified series.Oprah’s beau advises struggling Pacers on image management
Best-selling author Stedman Graham says professional athletes should think of themselves as “a corporation unto themselves.”
Graham–perhaps best known as television star Oprah Winfrey’s boyfriend–brought that message to the Indiana Pacers during
a three-hour private seminar in late January designed to get the players to rethink the importance of their individual images.STATEHOUSE DISPATCH: Thorny tax issues remain as scheduled adjournment nears
The closer we get to March 14, the date the 2008 legislative session is scheduled to end, the less optimistic people seem to be about reaching agreement on a property tax relief and reform package that will attract sufficient bipartisan support and be structured in a way that meets the requirements of Gov. Mitch Daniels for his signature. The biggest problems in private legislative negotiations appear to revolve around how to fund local government and school shortfalls, as well as…
ECONOMIC ANALYSIS: Financial services sector unfair in attacking Fed chief
The Federal Reserve’s Ben Bernanke has come under a lot of glib criticism from the financial-services sector. Generally, Wall Street types are unhappy because they think he should have addressed the subprime crisis with a greater sense of urgency. The truly bizarre rant by Jim Cramer on “Mad Money” has morphed into lower-level critiques of Bernanke’s experience and judgment appearing in columns and trade journals. But is this characterization fair or even correct? I think not, and here’s why. The…