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Welcome to the archives for NewsTalk, an IBJ blog published from November 2007 through December 2010.
Recent Blog Posts
Brazen state legislators
March 16, 2009
Comments(9)Former Nuvo editor and columnist Harrison Ullman has been dead nearly nine years, but his axiom that no
worse legislature exists than the one on Capitol Avenue seems particularly apt during this term.
One reason is the extraordinary resistance...
MoreMen’s and women’s earnings
March 13, 2009
Comments(0)It’s old news that men earn more than women and that more women than men graduate from college. What it
means is another matter.
To that end, the Indiana Business Research Center has published a study showing that men...
MoreAudacious young investors
March 11, 2009
Comments(2)There’s something comforting about 30-somethings who have enough hope in the future to try something audacious.
As IBJ reporter Peter Schnitzler wrote this week, 15 people in their 30s are raising a $1 million venture
fund in Indianapolis.
This...
MoreWill health care IT drop the ball?
March 10, 2009
Comments(3)Indianapolis finds itself smack in the middle of a big national trend, thanks to President Obama’s stimulus
package.
The stimulus allocates $31 billion to help doctors wire their offices to send information digitally, with
the goal of improving health care and...
MoreMaking up for lost decades
March 9, 2009
Comments(3)Just four more years and Indiana will celebrate its 40th anniversary of peak economic performance, at least
in modern times.
As Morton Marcus points out in a column in this week’s IBJ, Hoosiers earned 2.53 percent of average national...
MoreBan Barbie in Indiana?
March 6, 2009
Comments(15)Tired of the economy and stimulus packages? Let’s end the week with Barbie.
Not only is she turning 50, but now a West Virginia legislator wants to ban the doll and others like it
because he feels they promote...
MoreObama’s mortgage plan
March 5, 2009
Comments(8)Barack Obama’s $75 million plan to stop the carnage in the housing industry aims to help 9 million homeowners
refinance mortgages or restructure loans in order to lower payments.
As Obama and Congress hammer out a bailout, to what...
MoreSigns, everywhere Big 10 signs
March 4, 2009
Comments(5)If you haven’t heard by other means, perhaps you’ll learn about the upcoming Big 10 basketball tournaments
at Conseco Fieldhouse from the street signs downtown.
The tournament, which runs tomorrow through Sunday for the women, and then the following Thursday through...
MoreFood, children and bars
March 3, 2009
Comments(14)More bars in the state are allowing minors â?? people under age 21 â?? with the proviso that parents are
there,
too. State law also stipulates a barrier separating bars and family dining areas.
Supporters of the trend say...
MoreIndy's best leaders
March 2, 2009
Comments(10)Conseco has seen a string of leaders since the company began to stumble and co-founder Steve Hilbert stepped
down nearly nine years ago. The insurer still doesnâ??t have its footing, saying today its auditors arenâ??t
convinced it can More
C.P. Morgan aftermath
February 27, 2009
Comments(32)Tract house builder C.P. Morgan officially bites the dust today. Which raises plenty of questions:
--Has anyone else been more influential in the type of housing stock built in the Indianapolis area in the
past decade than Chuck Morgan?...
MoreIndy as IT outsource center
February 26, 2009
Comments(13)Information technology companies would do well to outsource business processes to Indianapolis, a new KPMG
report says.
The accounting and consulting firm included only one other U.S. city, Boise, Idaho, on an international list
of 31 places where companies are likely...
MoreReturn to horse slaughterhouses?
February 25, 2009
Comments(2)Paul Dieterlen is the unusual veterinarian who doesnâ??t have a pet. But Dieterlen, who retired recently from
overseeing the meat-inspection division within the State Board of Animal Health, says that if he had one,
it would be a horse.
So it...
MoreTax commuters for marketing?
February 24, 2009
Comments(14)How do you feel about taxing commuters to supplement promotion of the cityâ??s convention industry? The idea
was floated in an article by IBJ reporter Anthony Schoettle about the Indianapolis Convention & Visitors
Association asking for more money...
More'Livability' for Indianapolis
February 23, 2009
Comments(11)A year into his tenure as mayor of Indianapolis, Greg Ballard over the weekend articulated what may be the
closest thing weâ??ll hear for his vision for the city.
Ballardâ??s State of the City address touted making Indianapolis the...
MoreGold at $1,000 an ounce
February 20, 2009
Comments(3)The gold hawkers are right, at least for now. Gold has been a better investment than stocks, bonds and
other conventional places to park moneyâ??hitting $1,000 an ounce today.
That signals investors are nervous about prospects for the economy...
MoreCan Saturn be saved?
February 18, 2009
Comments(9)As just about everyone expected, General Motors and Chrysler are back asking for more bailouts. Instead of
$17.4 billion, they now want $39 billion.
As part of its turnaround plan, GM plans to jettison Saturn, the brand launched in...
MoreIdeal places for public companies
February 13, 2009
Comments(8)Just as an Indiana company goes through the nationâ??s first initial public offering in months, its executives
ratchet up their plans to move the headquarters out of state.
Mead Johnson, the Evansville baby formula maker, staged a successful IPO...
MoreWobbly on township government
February 12, 2009
Comments(19)State legislators seem to be looking for excuses to dodge the recommendation in the Kernan-Shepard report
to eliminate township-level government.
This wasnâ??t unexpected. Township officials often are close friends and political allies of legislators, so
the legislators donâ??t want...
MoreComing to work sick
February 10, 2009
Comments(10)Now that smokers are mostly banished to the outdoors, thereâ??s a new work place pariah â?? those who show
up
coughing, sneezing and otherwise obviously sick.
In the not-so-recent past, failing to make it to work while under the weather could be...
MoreTap the rainy day fund?
February 9, 2009
Comments(11)The weakening economy is producing worse and worse tax revenue forecasts for Indiana. As a result, Democrats
are calling for Gov. Mitch Daniels, a Republican, to open the stateâ??s $1.3 billion rainy day fund.
Tough times like these are what...
MoreTax cheats, or just ignorance?
February 6, 2009
Comments(6)A third nominee to join the Obama administration has gone down in flames after revelations about problems
with income taxes.
A Senate panel last night called off confirmation hearings for U.S. Rep. Hilda Solis, who was nominated to
lead the Labor...
MoreObama and executive salary caps
February 5, 2009
Comments(9)All things considered, there shouldnâ??t be a fuss about President Obamaâ??s plan to cap salaries of executives
in companies that receive federal bailouts.
Thatâ??s the take of Dan Dalton, an Indiana University specialist on corporate governance.
Dalton points out that...
MoreIntegrity of organic foods
February 4, 2009
Comments(7)The organic food industry is in an uproar over concerns that organic fertilizer may have been spiked with
synthetic versions.
Last month, FBI and federal agriculture officials searched a California organic fertilizer factory, but wouldnâ??t
disclose their motive. The...
MoreForeign-born entrepreneurs
February 2, 2009
Comments(9)Midwestern cities donâ??t attract a lot of immigrants, and Indianapolis is no exception.
The weather is uncomfortable and the region has a reputation for close-mindedness â?? not the kind of place
where newcomers want to sink roots.
A recent blog...
More
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Doug Henning!
These guy were thugs — they grew up in freaking Haughville! Smh, sigh. If the mayor needs/wants "quality" Black Hoosiers who are NOT corrupt, give me a call — I know plenty. Land bank info here - http://www.kubepharm.com/indylandbank/IndyLandBank.html
Magician and illusionist!
The basic idea of nice apartments with parking and retail is a good one, but this design seems overwhelmingly big/tall for Broad Ripple. The size could be disguised a bit with lots of big trees/landscaping, but the complex is too massive to blend in easily. That section of canal between College and Westfield will also need to be upgraded on both sides. Nice apartments facing onto a nice promenade with shade trees/plantings could bring together the canal towpath/Monon recreation, the outdoor seating at existing restaurants, and this project into something that upgrades the whole area. A plan for the whole stretch makes more sense than facing nice new housing onto what looks like a ditch. Is there a plan? Does the public have input? Who pays? The apartment idea seems to be reasonable, but Whole Foods is not a good idea for appropriate retail. Besides the store being physically too big, there are already Fresh Market at 54xCollege and Whole Foods in Nora for fancy groceries. Good Earth and Kroger are within walking distance of the Shell site. There are at least 7 grocery stores within a safe bike ride. Whole Foods would add nothing but traffic congestion. This design is on the right track, but there needs to be more work done to ensure that it blends in with and enhances the existing community. A project that large will set a tone for that whole part of town. It could be a real asset, but only if done right.
I did not move to Zionsville to live in Carmel. This and the subsequent developments to follow will ensure a vanilla uniformity of strip malls and apartment buildings as we seek to bring our town down to the least common denominator. We were warned before recent elections that pro-development council members would make sure their friends (landowners and developers) would be able to make their millions off of the exploitation of Zionsville. Why in God's name would we sell out the best preserved small town in the State of Indiana?