Articles

RETURN ON TECHNOLOGY: Laptop hell: Air travel can bounce, bungle data

Travel may broaden the mind, but it’s hell on laptops. If your laptop suffers some kind of death-dealing blow, it’ll probably be on the road. Air travel is the worst. You’re required during security screening to pull your laptop out of its snug little protective cover and submit it to the tender mercies of the Transportation Security Administration’s conveyors, X-ray machines and employees. Then there’s the jostling scramble to put it back in on the far side of the screening…

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VIEWPOINT: Advancing manufacturing is key to future

We’ve all heard it: Our economy is creeping to a crawl. Skyhigh oil prices, a weak housing market and the struggling U.S. dollar are discouraging consumers and business owners alike. Fears about our nation’s fiscal health are shaking broader confidence in the banking industry, the system of global trade, and even our public image abroad. In the face of such adversity, it’s helpful to remember that Americans have faced daunting challenges in the past. In tougher times, such as the…

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VOICES FROM THE INDUSTRY: China, higher education and our economic future

In mid-September, I’ll be traveling to China’s Liaoning province as part of a delegation led by Indiana State University, hosted by Liaoning University. We’ll arrive in the country too late for the Olympics, but we’ll be there to talk about another form of global competition-economic development. It’s appropriate that the two universities are co-hosting a conference on economic development issues, given the importance of human capital in our economy. It’s especially appropriate for China, where higher education has become a…

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VIEWPOINT: How to win Uncle Sam’s gas-tax shell game

Between 1956 and 1991, Indiana motorists willingly paid “temporary” hikes in the federal gasoline tax, knowing the money was being used to build the 42,000-mile interstate highway system. In 1991, Congress declared the highway system completed-but the tax lived on and on, growing bigger and bigger. No longer needed to build the interstate, the current 18.4-cents-per-gallon federal gas tax-double what it was in 1990-now funds a “highway trust fund” shell game that shifts $866 million a year, and control over…

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ECONOMIC ANALYSIS: Why the resurgence of railroads will help drive state

I have two friends who are train fanatics of the worst kind. These guys aren’t just dazzled by the sight of a large train; they furtively seek them out. One friend has made it his life’s ambition to ride every rail line in Great Britain. The other scours eBay for rail schedules from the 19th century. Both of these wonderful men have exceptionally tolerant wives. I am a bit concerned my 4-year-old is turning into one of these creatures. He…

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Saddling up for a night of work under the stars: Carriage driver encounters romance, drunkenness

When she reported to work at 5 p.m. on a recent evening, Taylor consulted a chart and saw she was assigned to Cheyenne, a 16-year-old mare, and carriage number 29. She backed the spotted horse out of the stall, hitched up the carriage-making sure all straps were tightly fastened-and left the Yellow Rose stables at 13th Street and Capitol Avenue. During the half-hour ride to Monument Circle, she explained the personal challenge that carriage driving posed. It wasn’t how to…

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Huguenard a billion-dollar broker: Senior vice president at Colliers one of the nation’s top deal-makers

John E. Huguenard is on a roll. He’s got $1 billion in active industrial listings and is on track to top his $700 million deal volume from last year. The low-key super-broker for the local office of commercial real estate powerhouse Colliers Turley Martin Tucker has closed 17 deals worth a total of $250 million already this year. And that’s no fluke: Huguenard, 45, has sold or leased more than 100 million square feet of industrial property in more than…

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ECONOMIC ANALYSIS: Why the resurgence of railroads will help drive state

I have two friends who are train fanatics of the worst kind. These guys aren’t just dazzled by the sight of a large train; they furtively seek them out. One friend has made it his life’s ambition to ride every rail line in Great Britain. The other scours eBay for rail schedules from the 19th century. Both of these wonderful men have exceptionally tolerant wives. I am a bit concerned my 4-year-old is turning into one of these creatures. He…

Read More

Saddling up for a night of work under the stars: Carriage driver encounters romance, drunkenness

When she reported to work at 5 p.m. on a recent evening, Taylor consulted a chart and saw she was assigned to Cheyenne, a 16-year-old mare, and carriage number 29. She backed the spotted horse out of the stall, hitched up the carriage-making sure all straps were tightly fastened-and left the Yellow Rose stables at 13th Street and Capitol Avenue. During the half-hour ride to Monument Circle, she explained the personal challenge that carriage driving posed. It wasn’t how to…

Read More

Huguenard a billion-dollar broker: Senior vice president at Colliers one of the nation’s top deal-makers

John E. Huguenard is on a roll. He’s got $1 billion in active industrial listings and is on track to top his $700 million deal volume from last year. The low-key super-broker for the local office of commercial real estate powerhouse Colliers Turley Martin Tucker has closed 17 deals worth a total of $250 million already this year. And that’s no fluke: Huguenard, 45, has sold or leased more than 100 million square feet of industrial property in more than…

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Study costs, public support mount for commuter rail: Key vote on northeast corridor could come next month

Worsening gas prices and congestion have some commuters demanding faster progress on launching a rapid transit line. They can quibble about slowness in getting it done, but lack of study hasn’t been an issue. The Indianapolis Metropolitan Development Organization spent $4 million since 2002 on a rapid transit study that concluded earlier this year, according to records provided by the agency. Most, or 80 percent, of the funds paid to eight consulting firms came from federal transportation funds, with 20…

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ECONOMIC ANALYSIS: Why Indiana’s AAA bond rating should please all of us

Sometimes, obscure economic issues matter a great deal to our economic well-being. One example is the news that Indiana’s bond rankings have risen to the highest level, the highly coveted AAA ranking from Standard and Poor’s. Why that happened, what it means and why it is important should matter to Hoosiers. To begin with, all states, like virtually all households, borrow money to ease cash flow issues. States also borrow money to make infrastructure investments. The government essentially takes out…

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Commentary: Let’s invest in criminal justice

Indianapolis has spent more than $2 billion on worthy civic projects such as the new airport terminal, Lucas Oil Stadium, and a new Central Library. The same sense of civic pride must be mobilized for funding improved criminal justice. Strong, coherent mayoral leadership is required to address the causes of increased criminal activity here, but a lasting solution requires a community-wide effort. Criminal activity is not simply the result of an individual’s motivation to offend. For crime to occur, the…

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Repairs slated for crumbling 39th Street bridge: Federal funding could draw criticism from watchdogs

Each year, the 30,000 people who ride the Fishers fair train disembark at a depot east of Fall Creek and shuffle 228 feet across the historic 39th Street bridge, which leads to Gate 6 of the Indiana State Fairgrounds. Few likely give much thought to the crumbling condition of the bridge, other than noticing that a large block of stone railing has broken off at the west end. But, below, stones also have fallen off the sides of an arch…

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Pearson Partners recovers from HHGregg loss: Agency gains new clients, projects 20-percent growth

Ron Pearson said business at his Indianapolis-based advertising agency over the last year has been “stellar.” Exaggeration or not, any growth at Pearson Partners is a 180-degree reversal from the dire situation the firm faced just a year ago. In April 2007, Pearson’s firm-then called Pearson McMahon Fletcher England-lost its biggest client, HHGregg. Last summer, Pearson cut nearly half its work force, paring the agency down to about 20 employees in the wake of losing the $20-million-plus account. Pearson’s capitalized…

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Airport parking strategy might cut garage rates while still boosting revenue

Busy touting restaurants, artwork and other luxuries of the $1.1 billion midfield terminal, the Indianapolis Airport Authority
is still grappling with a few details arguably more important to passengers. Among them: How much will it cost to park? The
answer might be among the more surprising aspects of midfield. Officials are considering slashing rates
for the 5,900-space successor to Indianapolis International’s existing 1,776-space garage.

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I-465 widening may require buyout of several buildings

Several landmark commercial properties fronting Interstate 465 on the northeast side could be in the path of bulldozers
when the state begins adding lanes as early as 2012. Memos prepared by a consulting firm to the Indiana
Department of Transportation go as far as estimating acquisition prices for buildings, including that of
country station WFMS-FM 95.5 and other Cumulus Media stations at 6810 N. Shadeland Ave.

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Recession squeezes local logistics industry

State economic development leaders remain bullish on Indiana’s future as a logistics hub even as two local players have been
forced into bankruptcy and others struggle with high fuel prices.

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FUNNY BUSINESS: You’ll know really bad drivers when you see them

A reader recently forwarded an e-mail ranking the worst American drivers by city, along with the suggestion “Make fun of this.” While I usually don’t respond to such directives, this case was different, seeing as how it came from my mother. You know how it is. Anyway, here we go-a column about the worst drivers in America, as ranked by a well-known insurance company and recommended by Mom. The Top 10 “Where-Did-These-People-Get-Their-Licenses?” cities are: Columbia, S.C.; St. Louis, Mo.; Greensboro,…

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More manufacturing? Maybe Butler did it: University’s accelerator helps plants boost business

Ten years ago, Bob McAfee bought SaniServ, an 80-year-old Mooresville institution that pioneered the making of softserve ice cream machines for restaurants. Despite the manufacturer’s longevity, a handful of competitors-one of them much larger and two roughly the same size-had cut into market share, causing SaniServ’s annual revenue to stall at about $10 million. Determined to improve upon the figure, but unsure how to go about it, McAfee turned to the Butler Business Accelerator. The 2-year-old consultancy on the Butler…

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