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Welcome to the archives for NewsTalk, an IBJ blog published from November 2007 through December 2010.
Recent Blog Posts
Oppose Daniels, oppose change?
February 26, 2008
Comments(2)A new statewide poll shows a high correlation between registered voters who intend to vote for Democratic
presidential candidate Barack Obama and incumbent Republican Gov. Mitch Daniels.
Obama and Daniels are almost polar opposites philosophically, so what gives? Mostly...
MoreDrugmakers versus consumers
February 25, 2008
Comments(0)Congress and the courts long have tried to balance regulations to try to protect consumers while giving companies
space to operate.
Last week, the U.S. Supreme Court ruled 8-1 to limit lawsuits against medical device makers if the Food...
MoreBusiness journalists and recession
February 22, 2008
Comments(0)Forbes Publisher Rich Karlgaard thinks business journalists are stirring up recession talk.
In a column this week with a takeout headlined â??Business press incompetence and fear,â?? Karlgaard advises
against
believing everything one reads.
Hereâ??s what he writes:
â??Want to know the truth about...
MoreContrasting United Way, Wheeler
February 20, 2008
Comments(4)Businesses and their employees opened pockets last year to enable United Way of Central Indiana to hit a
record $39 million in contributions.
The not-for-profit attributed the good news to hustle by campaign co-chairmen who offered money from their...
MoreDo you feel poorer?
February 20, 2008
Comments(5)Inflation is speeding up and wage growth is slowing down, the U.S. Bureau of Labor Statistics said this
morning.
Blame rising oil prices for the inflation and the slowing economy for the sluggish wage growth, says the
Economic Policy Institute, a...
MoreAffordable housing...again
February 19, 2008
Comments(0)Indianapolis is now the most affordable large market in which to buy a house 10 quarters running.
Thatâ??s according to an index the National Association of Home Builders and Wells Fargo put out this afternoon.
In the past quarter, 46.6 percent...
MoreFear grips donors to charity
February 19, 2008
Comments(2)Wheeler Mission Ministries broke the unsettling news yesterday that it is laying off 13 staff and shifting
its ministries for youth and families to another charity in order to minimize an anticipated operating deficit.
Why? Donors are worried about...
MoreIs film tax break a bad idea?
February 15, 2008
Comments(2)Gov. Mitch Daniels had sharp words for legislators after they finished overriding his veto of tax breaks
for the film industry.
â??Itâ??s truly an irresponsible decision, and I canâ??t imagine what they were thinking,â?? he fired off
in a statement
yesterday.
Are...
MoreKentucky as gambling competitor
February 15, 2008
Comment(1)The developing story in Kentucky about its new governorâ??s attempt to legalize casinos isnâ??t getting a
lot
of play in Indianapolis, but the fallout could be huge if he succeeds.
Steve Beshear wants a dozen casinos to try to stop gamblers...
MoreIUPUI and IU business degrees
February 14, 2008
Comments(2)The undergraduate business program at IUPUI used to let in just about anyone. At one point, only the bottom
10 percent of a high school graduating class was steered to Ivy Tech or elsewhere.
Got a business degree from IUPUI? It...
MoreWellPoint yanks controversial letter
February 13, 2008
Comments(2)Californians are howling over the recent discovery that one of WellPointâ??s units made a practice of asking
doctors to report conditions that the insurance company could use to cancel medical coverage for new patients.
The letter amounted to asking doctors to...
MoreTownship government travails
February 12, 2008
Comments(0)Center Township Trustee Carl Drummer may be a nice guy, but he sure knows how to squirrel away taxpayer
dollars, IBJ reporter Peter Schnitzler showed us in this weekendâ??s IBJ.
Drummer has racked up a $7.1 million surplus â??...
MoreDo doctors make too much money?
February 12, 2008
Comments(7)Health insurance companies including Indianapolis' own WellPoint Inc. have been relentless in trying to suppress
spiraling health costs. So relentless, in fact, that doctors are pushing back.
Physician groups in Kokomo, Rushville and other cities are refusing to take new patients...
MorePaying extra for hormone-free milk
February 7, 2008
Comments(3)Grocery stores are rejecting milk from cows that have been injected with a growth hormone that stimulates
milk production.
Kroger, Dean Foods and others are responding to consumers who are jittery about recombinant bovine somatotropin,
or rbST, which has been used since...
MoreLucy, footballs and General Motors
February 6, 2008
Comment(1)For a long time, General Motors has told us its newest model would drive back the Germans, Japanese and
more lately the Koreans.
Those who believed, of course, must feel like Charlie Brown after Lucy yanks away the football.
Now GM is getting...
MoreA new desire for streetcars
February 5, 2008
Comments(12)Electric streetcars are an old idea that should be brought back, some civic leaders believe.
IBJ reporter Chris Oâ??Malley writes today that heavyweights including Indiana Convention and Visitors Association
President Bob Bedell are backing a not-for-profit called Downtown Indianapolis...
MoreWho will win the banking wars?
February 4, 2008
Comment(1)Itâ??s no secret that banks are in upheaval thanks to the subprime mortgage crisis and the domino affect
mess
itâ??s creating.
In an IBJ story over the weekend, reporter Cory Schouten discusses the local grab for market share, as...
MoreSeeking your take on the markets
February 4, 2008
Comments(0)You IBJ readers are a wealthy lot. Our latest survey, taken in September of last year, shows that you had
a $170,700 median household income and the median value of your investments came to $679,700.
Three of four had corporate stocks...
MoreAdding to the life science corridor
February 1, 2008
Comments(2)For years, dreamers have envisioned a life sciences crescent stretching from West Lafayette down Interstate
65 to Indianapolis, then along State Road 37 to Bloomington.
The thinking was, this corridor would take advantage of Indiana and Purdue universities and IUPUI as...
MoreAre these incentives a good deal?
January 31, 2008
Comments(3)Gov. Mitch Daniels dished out $6.3 million in incentives as part of Defender Directâ??s expansion announcement
yesterday. But was the carrot a good deal for us taxpayers?
Defender Direct, which sells home security and satellite dish systems, plans to add 1,100...
MoreImmigration bill to become law?
January 30, 2008
Comments(37)The Indiana Senate made its sentiment clear yesterday by approving the immigration bill by the gaping margin
of 37-11 and firing it on to the House.
This is the bill that would make businesses liable for knowingly hiring illegal immigrants.
With this...
MoreRanking Indianapolis' best mayor
January 30, 2008
Comments(4)Former Indianapolis mayors have a way of staying in the news.
Richard Lugar has climbed to the top echelons of the U.S. Senate. Bill Hudnut is quoted regularly from his
position at the Urban Land Institute, a Washington, D.C., not-for-profit that...
MoreAre unions making a comeback?
January 29, 2008
Comments(0)Weâ??re accustomed to hearing that unions represent a smaller and smaller proportion of the American work
force.
Yet, government figures released last week show the first increase in union membership in 24 years, with
about 12.1 percent of workers in unions....
MoreSpending your government check
January 24, 2008
Comments(7)If you pay taxes, President Bush and leaders in Congress have agreed to send you at least $600 in the
hope youâ??ll spend it and pump more life into the economy.
They have their wishes, but Americans are independent sorts.
What would...
MoreBlame Daniels for the economy?
January 23, 2008
Comments(6)At this point four years ago, now-Gov. Mitch Daniels had started outlining a platform based on revitalizing
the economy.
The economy had been headed south since the â??70s and had taken another beating early in the decade. Voters
were only too...
More
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Irvington is up and coming much like Fountain Square. We would love to have something like this in our neighborhood!
Why do we care who has submitted proposals if we can't review the proposals? It's publicly owned land, but the public has zero say in what gets chosen to be built there. Yep, that sounds about right.
Perhaps May 21 is "Evangelical Day" over at the IBJ?
I don't know what's more depressing: that this passes for a defensible elective in a publicly funded SCIENCE class, or that more than half of the posters here are defending this charlatan. Intelligent design is creationism. Creationism is religion. Yes, we have freedom of religion, which deserves to be protected. Now someone kindly show Professor Hedin his freedom by escorting him over to the Religion department at BSU. Carry on.
I hope people realize that the 'vocal' opposition at the meeting represent the minority of people against this project. As with any controversial project - those who don't want it are the loudest, while those who like it or really don't care one way or the other don't come to such meetings. Unfortunately the same may be true of the survey now being offered by the BRVA. I live less than a 5 minute walk from BR Avenue and can tell you that I and most of my neighbors are support this exciting project, or are ambivalent. And how great that it includes quality apartments - something that BR sorely lacks. This is a first class opportunity that we should embrace (and no, I'm not with the BRVA or the developer.) As for the fellow who owns the Good Earth store, if he doesn't want competition then let him pull together his own investors and out bid Whole Foods to operate the proposed grocery component! Come on folks - let's move ahead.