ChrisO\'malley

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Indiana life sciences sector copes with shrinking VC pool

October 30, 2010
Venture funds nationwide crested at $100 billion in 2000, but that number last year had drooped to $18 billion.
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Marketing employees open own computer-generated motion graphics business

June 8, 2009
The three principals of The Basement Design and Motion left another firm to set their own course in the world of Web convergence marketing.
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Flat passenger counts not seen as threat to paying debt on midfield terminal

October 27, 2008

The big debt payments on the $1.1 billion midfield terminal at Indianapolis International Airport start coming due in January--just as a recession hits and the battered airline industry cuts capacity. Despite the likely prospect of fewer passengers than projected in the next year or two, airport managers say they don't anticipate problems shouldering the roughly $40 million a year in debt burden over the next 30 years for the new facility.


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A renewed call for renewable energy mandate: State bucks trend by not forcing utilities to diversify

October 20, 2008
Indiana has become the lone state in the upper Midwest not requiring that utilities supply a certain percentage of their electricity from renewable resources, such as wind turbines and landfill gas. Last month, Michigan's legislature mandated that at least 10 percent of electricity supplied in that state be generated from renewable sources by 2015. Indiana's conspicuous lack of a standard, along with growing environmental concerns over coal, could improve prospects for passing a standard during the 2009 session of the...
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Bumpy road ahead for truck-driving schools?: Slowing freight and federal standards could hurt prospects and raise costs

October 13, 2008
With a driver shortage as bad as the freight industry says, one might think operating a truck-driving school would be a license to print money. But proposed federal rules to toughen training standards and, lately, a fishtailing economy could bring a shakeout among schools. There are even rumblings that a few big carriers that contract with driving schools are poised to eliminate tuition reimbursement as they sweat out the economic downturn. "We're going to start losing schools," predicted John Priest,...
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Will little transit systems make bigger footprint?: Study to look at economies, new opportunities to grow and coordinate rural bus systems

September 29, 2008
They're overshadowed in all the talk of a commuter rail line and its cosmopolitan allure. And they don't get headlines like Indy-Go does when it launches another route to whisk Carmel and Fishers suburbanites to work downtown. But rural transit providers in the nine doughnut counties quietly generate economic growth by hauling hundreds of thousands of people each year in small buses or vans to doctors' offices, shopping centers and jobs. Suburban businesses have been grousing for years that the...
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Filing in legal battle over telecom company hints at criminal probe of officers

September 29, 2008

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

September 29, 2008

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

September 22, 2008
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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Municipalities battle over township: Greenwood opposes Bargersville annexation plans

September 15, 2008
BARGERSVILLE-This town of 2,500 has raised the ire of Greenwood leaders, daring to annex land close to the city's southern border and its sprawl of shopping centers. It's been a long time in coming-since 1905 or thereabouts. That's when the Illinois Central Railroad came through Bargersville, a burg created 55 years earlier in honor of local resident Jefferson Barger, and the heart of the town moved a half mile northwest to straddle the new tracks. These days, trains still rumble...
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Eco groups divided over gasification: New power plant has many critics, but some say it's a necessary step

September 15, 2008
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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'Rollcrete' might provide alternative to pricey asphalt

September 8, 2008

Cities and counties are looking for alternatives to asphalt as the price soars for the oil-based material and threatens to bring paving projects and contractors skidding to a halt. The city of Indianapolis may have just found one viable alternative that goes down like asphalt: roller-compacted concrete, or "rollcrete."


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Airlines balk at hub bill: Carriers say airport's deal with FedEx over expansion is likely to raise landing fees

September 1, 2008
Five airlines at Indianapolis International Airport--all of them paying higher fees and rents to help pay for the $1.1 billion midfield terminal--complain they may be stuck footing the bill for part of the $214 million FedEx cargo-hub expansion. The dispute is detailed in a recent Federal Aviation Administration decision on a complaint filed in April 2007 by Northwest Airlines, Delta Air Lines, AirTran Airways, Continental Airlines and Southwest Airlines. It provides a rare look into the sometimes fractious relationship between...
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Law targeting controversial landfill only fuels fight: Would-be operator, citizens group are back in court

September 1, 2008
Even for those with a vested interest in the battle over a proposed landfill near Anderson, it's hard to get too worked up over the latest twist before the courts or government agencies. After all, the Mallard Lake Landfill battle is in its 29th year. The latest development, one that opponents of the project had hoped was the silver bullet to fell their garbage Dracula, is starting to look just as inconclusive as countless other chapters, at least for now....
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First-ever driving festival could put French Lick on the map of exotic vehicles

September 1, 2008

Organizers of the inaugural World Class Driving Festival at the West Baden Springs Hotel Sept. 3-7 hope to put Indiana on the map when it comes to exotic cars and potentially lucrative business opportunities surrounding the accompanying lifestyle.


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Citizens' new name is a gas-in a way: Parent company of local utility adds 'energy' to its moniker to reflect diversity of operations

August 25, 2008
Citizens Gas & Coke Utility on Aug. 25 will announce a new name and logo that reflect the diversification of its energy businesses and the closure last year of its 98-year-old foundry coke plant. Citizens Energy Group will be the name of the parent, a utility founded 120 years ago. Two units-Citizens Gas and Citizens Thermal-will retain their names. But a third, Citizens By-Products, will be renamed Citizens Resources. "We're entering a new era," said Citizens President and CEO Carey...
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  1. With Pence running the ship good luck with a new government building on the site. He does everything on the cheap except unnecessary roads line a new beltway( like we need that). Things like state of the art office buildings and light rail will never be seen as an asset to these types. They don't get that these are the things that help a city prosper.

  2. Does the $100,000,000,000 include salaries for members of Congress?

  3. "But that doesn't change how the piece plays to most of the people who will see it." If it stands out so little during the day as you seem to suggest maybe most of the people who actually see it will be those present when it is dark enough to experience its full effects.

  4. That's the mentality of most retail marketers. In this case Leo was asked to build the brand. HHG then had a bad sales quarter and rather than stay the course, now want to go back to the schlock that Zimmerman provides (at a considerable cut in price.) And while HHG salesmen are, by far, the pushiest salesmen I have ever experienced, I believe they are NOT paid on commission. But that doesn't mean they aren't trained to be aggressive.

  5. The reason HHG's sales team hits you from the moment you walk through the door is the same reason car salesmen do the same thing: Commission. HHG's folks are paid by commission they and need to hit sales targets or get cut, while BB does not. The sales figures are aggressive, so turnover rate is high. Electronics are the largest commission earners along with non-needed warranties, service plans etc, known in the industry as 'cheese'. The wholesale base price is listed on the cryptic price tag in the string of numbers near the bar code. Know how to decipher it and you get things at cost, with little to no commission to the sales persons. Whether or not this is fair, is more of a moral question than a financial one.

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