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Arcadia banking on DailyMed: Company hopes product sales can help it escape debt, lift stock

When Arcadia Resources Inc. moved from Southfield, Mich., to Indianapolis last fall, the Indiana Economic Development Corp. crowed with pride. In exchange for incentives worth more than $6 million, the state had landed the headquarters of a publicly traded life sciences firm with more than 5,000 employees. Even better, the company was ready to launch an innovative new product that promises to improve home health care while simultaneously reducing its cost. A year has passed, but investors still aren’t as…

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RETURN ON TECHNOLOGY: Is securing data worth the cost at your company?

You know, I love my business brethren. I really do. I admire their tenacity, their courage, their competitiveness. But I have to admit that we are a penny-pinching bunch, and sometimes it impinges on our ethics in ways that are a little embarrassing. An article in a Wall Street Journal blog (www.blogs.wsj.com) points out an example. Technology professionals have long groused that, while their employers talk about securing data properly, there’s rarely enough money to do the job well. Security…

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Filing in legal battle over telecom company hints at criminal probe of officers

Former insiders of One Call Communications appear to be targets of a Justice Department criminal inquiry, according to a filing by the defunct company’s court-appointed receiver. Pittsburgh-based Meridian Group said it was served a subpoena Sept. 19 from the U.S. Attorney for the Western District of Pennsylvania to testify before a grand jury on Oct. 21 on matters involving One Call.

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AT&T’s U-verse generates complaints as cable rival is rolled out

A baby born of Indiana telecom reform is having some teething pains. AT&T’s U-verse, Ma Bell’s high-tech answer to
cable television’s troika of video/voice/Internet service, has generated several consumer complaints to
state regulators since it was rolled out here in earnest last year. The complaints range from long installation
times to frozen television pictures that require rebooting the system or calling a technician.

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Short trip, big move for Bose: Intense planning smooths law firm’s HQ transition

Looking east from the 27th floor of Chase Tower, lawyers at Bose McKinney & Evans LLP can clearly see their former offices at M&I Plaza. But the short distance didn’t make the firm’s traipse across Pennsylvania Street to its new home any easier. Just ask Vicki L. Bruce, the firm’s chief operations officer, who coordinated the cumbersome move that concluded Labor Day weekend. “You still have to load up a truck,” she said, “and it has to be staged properly.”…

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Hands-on strategy turns Mike’s Carwash into industry model

Mike’s Express Carwash makes money the old-fashioned way. The second-generation family affair, now celebrating its 60th
year, has invested its reserves in steady expansion, becoming a model for the $23.4 billion industry in
the process. And its owners still sweat the small stuff.

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Orchestrating moves: Firm that specializes in relocating businesses conducting transition of its own

Moving coordinating company Relocation Strategies Inc. is used to dealing with companies in transition. Now the firm is undergoing one of its own-albeit of a different sort. Relocation Strategies founder David Bayse is relinquishing ownership to partner Melissa Lamb Brown in a purchase agreement set to be completed within the next four years. She already owns a majority of the business and will acquire the rest in stages. In the meantime, Bayse, 57, will continue to guide Brown, 39, who…

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Planners to pare down commuter-rail options: Vote for light diesel trains would precede design

Goodbye elevated guideway. Goodbye buses zooming down paved-over rail beds. For that matter, forget about commuter trains running down the median of Binford Boulevard and I-69. Or along Allisonville Road or Keystone Avenue. These northeast corridor rapid-transit options, cheered and jeered by residents in the debate over rapid transit, officially get thrown from the train on Sept. 26. That’s if a regional government group votes to accept the recommendation of the Indianapolis Metropolitan Planning Organization for running diesel light rail…

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Tough economy touching all industries, but some are hurting more than others

Stock markets are falling, jobs are disappearing, and the outlook for the economy seems grim. Banks, real estate developers,
retailers and manufacturers are taking the worst hits, but all types of businesses in central Indiana are hurting. From health
care to technology, education to philanthropy, every industry is trying to take the setbacks in stride.

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Eco groups divided over gasification: New power plant has many critics, but some say it’s a necessary step

One might think a technology promising greener electric generation would please most environmentalists. Duke Energy Corp.’s 630-megawatt coal-gasification plant, scheduled to go online in Edwardsport in 2012, is expected to emit less sulfur dioxide, nitrogen oxides and particulates than the smaller, 1940s-era plant it replaces-while generating 10 times as much electricity. However, more than a dozen Indiana and national advocacy groups are decrying the $2.3 billion plant being footed mostly by ratepayers, claiming it will raise emissions of greenhouse gas…

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Airport hoping to double ad revenue with digital push

Indianapolis International Airport officials hope to double advertising revenue, pushing it past $1 million, when the midfield
terminal opens in November. That income, officials said, is important because it helps ease pressure on cash-strapped
airlines, allowing them to focus on offering more flights. The airport relies on non-airline revenue, such as food sales and
advertising, for about 60 percent of its revenue.

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IT firm rakes in VC cash: Interactions Corp. has raised $35M since 2002 inception

A fast-growing Carmel startup is using a blend of innovative software and human guides to answer questions over the phone.
The company could have located on either coast, but instead chose Carmel’s Clay Terrace. And the company, Interactions Corp.,
has raised more than twice as much money as ChaCha Search Inc., a higher-profile startup in a similar business that’s also
housed in Clay Terrace.

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SPORTS: Venue menu could be as limitless as the sky above it

Of this, that and the other while pondering the fact that the Indianapolis Colts have not yet been mathematically eliminated from the playoffs: So I’m sitting in Lucas Oil Stadium before that seasonopening loss to the Bears and my mind wanders, not to the present, but to the future. Yes, the stadium already is home to the Colts as well as upcoming NCAA basketball, including a men’s regional next spring, the men’s Final Four in 2010, and the Women’s Final…

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RETURN ON TECHNOLOGY: Browser wars: Should you go for Chrome?

There’s a war being waged all around you, and I’ll bet you haven’t even noticed. Oh, you may have noticed a year or two back, when the media reported on it, but after a while even wars get dull and the press wanders off to report on Jamie Lynn Spears’ baby. There used to be two combatants in the war. One was a behemoth, one of the world’s largest, while the other was an upstart, but gaining ground over time….

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Software firm finds niche catering to chambers: WebLink will expand thanks to $3.5 million investment

These are tough times for chambers of commerce. It’s always been difficult to show dues-paying members they’re getting a return on their investment. And now online social networking sites such as LinkedIn and Facebook are rapidly encroaching on chamber business. But chambers won’t cede their turf without a fight. That’s why D.J. Muller, 42, has been able to build a fast-growing company replicating locally what the Internet giants do best. His Avon-based IT firm WebLink International Inc. provides management software…

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Earthwave tracking down customers: Broad Ripple firm sees growing demand for high-tech fleet-management system

When thieves made off with a piece of construction equipment from a west-side job site last month, they were in for a surprise. Little did they know that it contained a GPS tracking device developed by Earthwave Technologies in Broad Ripple. The system traced the skid-steer loader’s exact route to a rural Bedford residence, enabling police to recover it within days of the heist. “I called the sheriff’s department down there and, sure enough, it was right in the barn,”…

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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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