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Overshadowed by Patrick, Fisher fights to keep racing

A group of motorsports journalists stood open-mouthed along the wall of the Texas Motor Speedway in 1999 as they watched 19-year-old
Sarah Fisher, fresh from the sprint car and dirt track circuits, zip past veteran open-wheel racers Buddy Lazier and Billy
Boat. What happened to Fisher over the next nine years is equally amazing–and mystifying–to those same motorsports experts
who watched her in Texas.

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Companies prepare for tougher breach law: Writer of security bill wanted more protections

Imagine a busy local bank that signs several new accounts weekly. With each new customer, the bank receives that person’s Social Security number, home and business addresses, and entire financial history. But what if a computer containing all that personal information-so useful for identity theft-is stolen from the building? Should the company notify its customers of the possible danger or hope the information itself is safe and keep quiet to avoid scandal? To answer those questions, the Indiana General Assembly…

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VOICES FROM THE INDUSTRY: Selling your company? Welcome to the jungle

If you’re thinking about selling your company, you’ll get no further than typing your first Google search when the term “private equity” pops up and maybe to a fifth Google search when the term “strategic buyer” appears. Private equity firms seem to be everywhere these days. These funds are growing larger, going public and making (or failing to make) ever larger acquisitions. With the increased visibility, the reputations of private equity firms are still based largely on stereotypes. Think unfair…

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Commentary: At BMV, obscurity is sign of success

There are professions in which you are never noticed until you screw it up-the center of a football team when he snaps the ball over the quarterback’s head, the business assistant when he or she brings the wrong set of papers to the closing, and the bus driver who-after 20 years of safe driving-rear-ends the rock star’s limousine. Included in this list is the CEO of the Indiana Bureau of Motor Vehicles. Do you remember Joel Silverman, former commissioner of…

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VIEWPOINT: Is Indiana prepared for recession?

Each day, the headlines are filled with r e c e s s i o n – r e l a t e d news. Some predict a pending recession, while others outline pre-emptive actions of the Federal Reserve, Congress and the president. During the 2000-2002 recession, Indiana did not perform well. Indiana lost more jobs than the national average, and its recovery lagged behind the nation’s. In fact, Indiana’s jobs still have not recovered to the pre-recession level. If…

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Airline meltdown creates minimal impact – so far: But potential route cutbacks a concern at airport

Two airlines that filed bankruptcy this month might cost creditor Indianapolis International Airport $1 million, airport financial records indicate. And high jet fuel prices that helped doom ATA Airlines and sent Frontier Airlines restructuring this month could become a bigger blip on Indianapolis’ radar later, if airline dominoes keep falling. The health of airlines that fly here bears watching because Indianapolis needs to sustain strong revenue streams from airline rents and fees to cover the cost of the $1.2 billion…

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Biz cards get creative: Smaller firms turning to bolder graphics to stand out

In the face of tough economic times, many small businesses are cutting back on advertising and canceling direct mailings as they tighten their financial belts. But some are still looking to stand out by jazzing up a basic: business cards. That’s good news for local graphic design firms that specialize in business-card customization-an industry that generates an estimated $1.2 billion each year nationally. “Business has improved in this economic climate because creative cards are a cheap marketing tool,” said Don…

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NOTIONS: Indiana: See Hillary run against Jack, Bill & Barack

On the eve of the allegedly crucial Ohio presidential primary, I e-mailed a friend in Columbus to ask what it’s like in a state where primaries matter. Her response spoke of endless phone calls from volunteers and machines, get-outthe-vote visits to her neighborhood, yard signs everywhere, nonstop commercials on TV and candidate visits galore. I lamented that Indiana would never experience such a thing. I stand corrected. Thanks to the never-ending Democratic contest between Sens. Hillary Rodham Clinton and Barack…

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VOICES FROM THE INDUSTRY: Making green make sense in a competitive market

Day after day, the news seems filled with stories of disruptive credit markets, an economy teetering on recession, and increasing energy costs. As business professionals grapple with such issues daily, why would commercial real estate professionals consider the time and effort to “go green”? Historically, green initiatives suffered in part from stereotypical “tree-hugger” false perceptions. Such perceptions may lead people to believe that green investments simply aren’t worth it. The truth? The real focus has always been the efficient use…

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Patrick victory scores for series, sponsors: Historic triumph earns more attention than unification

Almost everyone involved with the Indy Racing League expected a firestorm of publicity after Danica Patrick won her first open-wheel race. But few predicted just how hot a commodity the 26-year-old driving diva would become following her April 19 win in Japan. “It’s not like we got caught unprepared. We had a plan in place for over a year,” said Terry Angstadt, president of IRL’s commercial division. The victory blueprint included a list of contacts to be made, interviews to…

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BEHIND THE NEWS: Is it time for investors to bite on Steak n Shake?

It takes courage, but sometimes the best time to invest in a stock is when almost no one else is. That strategy paid off royally with Finish Line Inc., whose shares are up 180 percent this year. Now, is the time right to dive into The Steak n Shake Co.? To be sure, naysayers can find plenty of reasons to steer clear of Steak n Shake, which helps explain why shortsellers-investors who make their money when shares fall-have flocked to…

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ECONOMIC ANALYSIS: Recession speculation is wrong way to use brainpower

With all the media warnings on the state of the U.S. economy, it is hard to get a good idea what a recession is and what it might mean for Hoosiers. The formal definition of a recession is two consecutive quarters of negative economic growth. We haven’t had even one quarter where real growth dipped below zero, and the weakerthan-usual employment data of the first three months this year won’t be enough to pull the economy into a recession. The…

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SPORTS: How big was Patrick’s win? Let the debate begin

Like most of the rest of the sporting world and to some extent beyond, I had awakened on that Sunday morning to the delightful news that, overnight in faraway Japan, Patrick had broken through to secure her first Indy Racing League victory in 50 tries. She now is something more than a pretty face and, to some, a sexual object who also just happened to drive race cars. She is a champion. Now this isn’t, as one gearhead suggested, along…

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EYE ON THE PIE: Can we handle Obama’s truth?

This is not a political endorsement. It is, however, a cry of outrage that a candidate for president is attacked for speaking the truth. Barack Obama has been quoted as saying, “You go into these small towns in Pennsylvania and, like a lot of small towns in the Midwest, the jobs have been gone now for 25 years and nothing’s replaced them. And it’s not surprising then [that local residents] get bitter, they cling to guns or religion or antipathy…

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ECONOMIC ANALYSIS: How kids do in high school matters to economy

Far too often, our worry about the shortterm state of the economy prevents us from focusing on the long term. That’s too bad because it is the long term, not the short run, that we have the most ability to influence. The most important issue looming for Indiana and the nation is education. Here is the fate of a representative group of 10 18-year-olds. Four years ago, our 10 Hoosier students entered high school. One could not read. As of…

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Commentary: Jim Browning, a champion of the city

It was probably 15 years ago when Jim Browning called and invited me to lunch for the first time. I don’t recall why he extended the invitation, but I remember from the lunch that he was interested in what I had to say. And that surprised me. I didn’t know Jim then, but I knew of him through his architecture firm, Browning Day Mullins Dierdorf. I also associated him with the group of bold civic leaders who came up with…

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Star, other daily newspapers adapting to digital world

The Indianapolis Star has launched an armada of initiatives to bolster revenue as it reacts to seismic industry changes, many
driven by advertiser and reader flight to digital media. Daily newspapers–once one of the nation’s most stable, profitable
businesses–now face a rapidly changing marketplace that would make the most innovative business operator quiver.

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Federal survey of patients puts hospitals to the test: Satisfaction questionnaire ranks criteria ranging from room cleanliness to communication skills of providers

New patient satisfaction scores compiled by the federal government and posted online give consumers more feedback than ever regarding the care hospitals provide. The usefulness of that information is up for debate. On its Hospital Compare Web site, the Centers for Medicare & Medicaid Services tracks technical measures that show how often hospitals provide certain types of care that is recommended for patients treated for various conditions-heart attacks or pneumonia, for instance. Starting late last month, the agency began including…

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Film exec returns home to sell state: New tax credits helpful, but not enough to make Indiana stand out as movie venue

When Erin Newell was growing up in Greenwood, she and a friend would swipe her dad’s video camera and make movies in the basement. As a student at Ball State University, she studied filmmaking. And when she graduated, she was out like a shot to Los Angeles. Now, nearly nine years later-after scoring production and assisting credits on movies that even everyday folks have heard of-she’s back in Indiana, helping to beef up the state’s film-production industry so others might…

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