Articles

NOTIONS: Of sexual predators, pit bulls and oddly lesser evils

God, she’s cute: Your little Paula or Patti or Pammy. Sitting there on the swing set, rocking back and forth, back and forth, her brunette locks blowing in the breeze. You watch her on the merry-go-round, spinning faster and faster. Watch her on the jungle gym, climbing higher and higher. Watch her and her little friend Annie or Jenny or Missy walking toward the trail into the woods. And you know you aren’t the only one watching. You know he’s…

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New leader brings spark to Black Chamber: Membership doubles to 100, but some in community question whether a separate organization is needed

The walls of Turae Dabney’s office at the Indianapolis Black Chamber of Commerce are covered in easel paper scribbled with enough notes to make an anal-retentive person dizzy. Though garbled to visitors, the pages hold the key to her vision for the organization she assumed leadership of as executive director earlier this year. “I do better if I visualize it,” she said. “It looks like a mess, but I know exactly what everything means.” The message she is sending to…

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Doctor takes on state over Medicaid payments: Psychiatrist claims he’s being forced out of business

A Franklin psychiatrist has accused the state agency that runs Medicaid of suffocating his practice in a reimbursement dispute that dates back more than a year. Dr. John Lewis said the weekly Medicaid checks that keep his Harmony Center open dwindled to nothing for four straight weeks after he filed a lawsuit in April against the state Family and Social Services Administration over a payment review it imposed. The psychiatrist believes his center may survive only another month, a closing…

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EYE ON THE PIE: Tattoos aren’t only things we hide

I admit I don’t understand the world in which I live. For example, a study in the Journal of the American Academy of Dermatology reports that 24 percent of Americans age 18 to 50 have one or more tattoos. That rises to 36 percent when we look at just those 18 to 29. I don’t get it. Is this body art, a message to the world, a commitment to oneself or someone else? Tattoos do fill in all that empty…

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CHRIS KATTERJOHN Commentary: Reflections on DST, Governmentium

I love it. It makes summer even better than it already was. I don’t believe, as a friend of mine recently suggested, that DST is a plot by Republican businessmen to play more golf in the summer. No, it was a sound economic development move, and I’m glad the Legislature wised up and made it happen. Big picture, it’s good for business. Speaking of which, I haven’t talked to a single businessperson who’s seriously complaining about the time change. If…

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FINANCE: How will higher interest rates affect my loan?

Every time the Q: Fe d e ra l Reserve raises rates, I expect to pay my bank more for financing. I guess I understand the reason for this-the government says it wants to guard against inflation-but the Fed’s actions still make it hard for the small-business owner who needs to borrow money. How can I get the lowest possible rates? And what will my bank require of me that they don’t now? Or is there any way around this…

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BULLS & BEARS: Sure, market’s slumping, but better times lie ahead

As I write this, the stock market has fallen off a ledge and given up, depending on the index, between 7 percent and 12 percent in a bit over a month. After that kind of fun, you might be ready to throw yourself off a ledge, or at least cash in what’s left of your portfolio. Yes, the last few weeks have been trying, but being an investor in U.S. stocks since the beginning of this decade has been no…

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RETURN ON TECHNOLOGY: Have businesses given in to security anxiety?

According to the mainstream media, no sooner is your precious data placed on a hard drive than it’s promptly vacuumed off through a hacker’s hole and inserted into some miscreant’s illicit schemes for world domination. I admit I’ve advocated for computer security for years, but that was because most companies’ idea of security is to hide the backup CDs in the coffee creamer box. I never meant to contribute to the panic that seems to have gripped the American population…

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BIZ BASICS: Legal help doesn’t have to cost a fortune

We’re a start-Q: up and constantly need answers to basic legal questions about business structures, the hiring process, contracts, wages, safety, trademarks and more, but can’t afford expensive lawyers. What are some options? Legal issues often present a dilem-A:ma for cost-conscious small businesses, especially startups. You want the best information but paying legal professionals for every little thing gets expensive. The range of legal issues facing entrepreneurs is immense, from naming a business and obtaining licenses to complying with tax…

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ECONOMIC ANALYSIS: Health care cost ‘solutions’ only worsen the problems

As an economic forecaster, I am almost always optimistic. But that’s not a personality trait. It’s the nature of the business. The economy around us is doing amazingly well. We’ve had much longer economic expansions, steady job and income growth, and less frequent recessions for more than two decades now. So when you deliver an optimistic forecast these days, you stand a pretty good chance of being right. But if there’s one area where my optimism vanishes, it is this-how…

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Hospital plan gets chilly reception from neighbors: Homeowners worry about location of St. Vincent’s Seton Specialty Hospital

Concerns about oxygen tanks and noisy delivery trucks have cropped up since St. Vincent unveiled plans last winter for the long-term, acute-care hospital on Township Line Road. “They just kind of stomped in and said, ‘This is what we’re going to do,'” said Beth King, a resident of Spring Hill Place, a 40-home subdivision on the site’s northern border. However, hospital officials, who are preparing for a ground breaking on the $17 million project this month, say they made several…

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ECONOMIC ANALYSIS: We want to count jobs, but what’s the best way?

Americans like to keep score on things. And in the realm of economics, there are plenty of things to keep score on. But the economy is a huge, often unwieldy beast, and the data we use to track it are often quite a bit fuzzier than the rows of hardlooking numbers in the graphs and statistical reports we digest would make it seem. In fact, as the old joke goes, we economists like to present growth rates out to two…

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Quality Roofing Services: Success helps roofers sleep through the night After surviving a rough first year, company shows signs of progress

After surviving a rough first year, company shows signs of progress Sleepless nights, upset stomachs and paranoia were common woes for the owners of Quality Roofing Services throughout their first year in business. “We worried about finances and thunderstorms,” said co-owner Paul Crafton, 50, recalling the professional and personal strain. “We wondered if we would make our payroll or go under and lose our investment.” But they persevered, starting their days early-often at 5:30 a.m.-and working late. Eventually, their efforts…

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NOTIONS: A tale of two kings and one fortunate kingdom

For the fifth year, some colleagues and I have penned comedy for a cause. The Indiana Repertory Theatre, which usually chooses its playwrights more carefully, erred again by soliciting our scriptwriting “talent” for its faux-radioshow fund-raiser. So on June 3, a cast of Indianapolis celebrities-from the media, not-for-profits, government and business-donned makeshift 17th-century garb, mounted the Indiana Roof Ballroom stage, and hammed up “Shakespeared: A Midsummer Night’s Scheme.” Our tall tale featured two kings-Mitchard and Bartholomie-trying to outdo each other…

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From Ukraine with love: Helping the elderly remain independent and at home is the fundamental goal of home-health-agency founder

When Etelka Froymovich immigrated to Indianapolis in 1977, the Ukrainian-born pediatric nurse found the only job available to her was as an aide at Colonial Crest, a local nursing home later purchased by Arkansas-based Beverly Enterprises. She had never worked with the elderly, but quickly found her life’s passion. Twenty years after arriving in the city, Froymovich opened Home Services Unlimited, a licensed home-health care agency on the northwest side that provides care for elderly and developmentally disabled people. Overcoming…

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eImagine Technology Group: Technology firm aims to deliver service with its software Owner: Hiring good employees key to small company’s success

Communication-and simplicity-can be a challenge when it comes to tech talk. “It’s like the old adage, if you ask a tech guy what time it is, he’ll tell you how to build a watch,” said Joel Russell, president of Indianapolis-based software developer eImagine Technology Group. But Russell works around potential “lingo” problems when he’s meeting with customers. No matter the industry, he looks for ways to automate inefficient processes using computer software. His goal is to save his clients time…

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BRIAN WILLIAMS Commentary: Program opens eyes to community needs

In 1973, an automobile accident inspired a mother to create a dynamic memorial to the accomplishments of her son and for the benefit of the community in which he lived. For 30 years, the Stanley K. Lacy Executive Leadership Series has offered a unique perspective to 25 individuals on the issues confronting our city and region. Guided by a moderator through tours, seminars, reading and interaction with experts, the participants debate education, government, health and human services, the justice system,…

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INVESTING: Weak markets could lead to a nasty surprise

If you open an account at a brokerage firm and deposit $100, you can sign a margin agreement and borrow enough money from that broker to buy $200 worth of stock. For years, market watchers analyzed the margin interest on the New York Stock Exchange-which measures how much stock people are buying using margin-as a reliable indicator of overbought or oversold conditions. Things have changed today, though, and that could have a serious effect on your portfolio. NYSE margin information…

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VOICES FROM THE INDUSTRY: Increased export scrutiny requires corporate-wide plan

While federal laws restricting exports of goods and technology have been in existence since the 1940s, companies and individuals have increasingly faced civil and criminal penalties that include millions of dollars in fines, prohibition from future exporting and even prison terms. flagged and identified on the denied party list? Simply put, is the end user of the product or technology identified by the U.S. government as one banned from receiving such technologies? Customer service representatives need to know whether the…

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Geographic restrictions could backfire for PERF: $105 million fund carries lots of potential, risks

By restricting the new $105 million Indiana Investment Fund I to deals within state lines, Gov. Mitch Daniels hopes to simultaneously spur economic development and earn a spectacular return for Indiana’s retired public employees. But venture-capital experts warn it’s nearly impossible to have it both ways. “You need to be very, very clear what your objectives are when you invest [pension] money. Is it for economic development or to help the pensioners earn better pensions?” said John Taylor, vice president…

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