Government

IU program aims to turn lab rats into leaders: Business training is tailor-made for scientistsRestricted Content

July 7, 2008
J.K. Wall
Andrea Walker is a chemist with management aspirations. But instead of signing up for a traditional MBA program, the team manager at Indianapolis-based AIT Laboratories will enroll this year in a slimmed-down business program that focuses on the life sciences. The program, called the Kelley Executive Certificate in the Business of Life Sciences, is a new creation of Indiana University's Kelley School of Business. The program will conduct most of its classes online over a one-year period. The courses will...
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ECONOMIC ANALYSIS: Social-responsibility movement has a dark sideRestricted Content

July 7, 2008
Mike Hicks
Identifying corporate villainy is a delightful pastime that virtually all of us have reveled in at some point or another. There are only two problems with this form of entertainment. A description of the first comes simply stated to us from the Gospel of John as "he who is without sin cast the first stone." The second problem is a general lack of intellectual rigor in the debate. The heavily funded attacks on corporate America come primarily from organizations with...
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EYE ON THE PIE: Recollections of a departed friendRestricted Content

July 7, 2008
Morton Marcus
"I heard the news," Sorethroat says. "It's a shame and a surprise. Funny how you think there's always time and then there isn't. I talked with him just a week ago and we discussed plans to have lunch." "Same here," I say. Sorethroat, my inside informant at state government, and I are on the steps of the Capitol. We're reflecting on the life and death of Chuck Coffey, a good man and a good friend. "He worked in this building...
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ECONOMIC ANALYSIS Mike Hicks: What it takes to make our health care system healthyRestricted Content

June 30, 2008
The U.S. health care policy debate has been strangely quiet the past few months. But the underlying problems grow ever more serious. Here's some background. First, health care costs are rising rapidly. A huge amount of the increase stems from greater demand for the most costly services. These services include advanced end-of-life care, much more extensive neonatal care, and high-end elective surgery. Higher use of these services represents perhaps the largest single contributor to overall health care costs. Second, we...
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EYE ON THE PIE: It's not just the economy, stupidRestricted Content

June 30, 2008
Morton Marcus
No doubt, the Daniels administration will trumpet the fact that Indiana was the ninth-fastestgrowing state in the first quarter of this year. That's right; personal income in the Hoosier state grew at an annual rate of 5.1 percent, while the nation advanced 4.6 percent. But, as noted by the U.S. Bureau of Economic Analysis, which generates these data, Indiana was among the fastergrowing states because of dramatic increases in the prices of corn and soybeans. North Dakota came in first,...
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INVESTING: Why Anheuser-Busch bid resonates in IndianapolisRestricted Content

June 30, 2008
Ken Skarbeck
One of our sister Midwestern cities is locked in a fight for its corporate identity. A n h e u s e r- B u s c h , maker and distributor of Budweiser brand beers-and the corporate icon of St. Louis-is engaged in a $46.3 billion takeover battle for its survival as a U.S.-based company. The would-be acquirer is Belgium-based InBev, the second-largest brewer by volume in the world. London-based SABMiller, who in 2002 bought Miller Brewing in Milwaukee,...
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THE TRAVELING LIFE: Visiting Katmandu, Nepal: The unrest of the story

June 30, 2008
Frank Basile
Upon arrival in Katmandu, Nepal, we learned from our tour guide that the American Information Agency was bombed the day before, causing the peace corps representatives to be evacuated, along with the families of all U.S. Embassy staff. Maoist terrorists abducted 700 students and boycotted the city, closing down a dozen industries with a strike, killings and riots. The King dissolved the government, declared a state of emergency and imposed a curfew. The royal massacre of the then King and...
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Plea deal raises questions about ice firm's local clout BEHIND THE NEWS:Restricted Content

June 30, 2008
Plea deal raises questions about ice firm's local clout BEHIND THE NEWS Home City Ice Co. has a stranglehold on the Indianapolis-area ice market. Good for the company, you say? Not if the Cincinnati-based ice powerhouse avoided competition through old-fashioned, monopolistic shenanigans. Whether Home City did is a reasonable question to ask in light of the June 17 announcement that the company has pleaded guilty to conspiring to suppress and eliminate competition in the Detroit and southeast Michigan ice markets....
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Biotech database gives G&S high hopes: Firm sees more demand for grant-award researchRestricted Content

June 23, 2008
Scott Olson
By conducting market research for some of the largest pharmaceutical companies in the world, locally based G&S Research Inc. has grown into a $10 million firm. But founders have even higher expectations for their G&S Discovery division, which was formed two years ago. Its flagship product, Navigrant, provides a database of government grant awards for national biomedical research. The total market worldwide for life sciences research is estimated at $45 billion. Navigrant has compiled information on 450,000 awards from 60...
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ECONOMIC ANALYSIS: Why economists focus on increasing the size of the pieRestricted Content

June 23, 2008
Mike Hicks
I recently was invited to attend a t ow n - h a l l - s t y l e debate between members of a local fire department and an a n t i - p r o p e r t y - t a x group. For those of you who are sporadic readers of this column, it is important for me to clarify that I have recently angered both groups. It seems my research on government...
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Flagship rises over post-GM town: Incubator has helped preserve automotive talent base, foster diverse businessesRestricted Content

June 16, 2008
Chris O\'malley
ANDERSON - Along Interstate 69, in a new industrial building with side-windows covered in paper to foil prying eyes, Altair Nanotechnologies is perfecting a ceramic oxide battery with three times the power of a conventional lithium battery. Up the road, Comfort Motion Technologies has written software to make a car's power seat jiggle ever so subtly, to keep one's back, butt and thighs comfortable on long drives. And everybody is keeping an eye on Pete Bitar, whose green laser device...
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Commentary: Listen, learn at summer campRestricted Content

June 16, 2008
Mickey Maurer
The war in Iraq is intolerable and interminable. We are struggling with a recession, a flawed energy policy, a weak dollar and an enormous government deficit. President Bush has earned a lower approval rating than Cinderella's stepmother-and I'm sitting here thinking, "What if the election of 2000 had gone the other way?" Join me and pose that question to Ron Klain at the men's edition of Mickey's Camp this summer. Klain is arguably one of the most well-known national Democrats...
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EYE ON THE PIE: Home cooking not always good for usRestricted Content

June 9, 2008
Morton Marcus
The conversation between my neighbors, Paula and Paul Plain, interrupts the enjoyment I get from sitting on the deck in the dark of the night. They generally agree on whatever subject they discuss, but their voices nonetheless displace nature's quiet. Thus, I find myself an unwilling participant in their nocturnal conversations. Last week, they were discussing the idea that young adult Hoosiers should be encouraged to remain in Indiana. "I'm so glad," Paula crooned, "that 80 percent of central Indiana's...
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Officials turn up call for 2-year degrees: State putting emphasis on higher education optionsRestricted Content

June 9, 2008
Tracy Donhardt
State and local leaders are turning up the amp on the importance of higher education, but they're also trying to tune students into the message that being college-educated doesn't have to mean spending four years at a university. In recent weeks, both Indianapolis Mayor Greg Ballard and Indiana Gov. Mitch Daniels have loudly proclaimed the state's need for more workers with twoyear degrees. While government officials have long said the state needs a more educated work force to attract business,...
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Local mental health centers caught in funding limbo: Federal effort to shift costs to states on hold, but not-for-profits' budgets for next year must be completed nowRestricted Content

June 9, 2008
Jennifer Whitson
At Indianapolis-based Adult and Child Mental Health Center Inc., Executive Director Bob Dunbar has developed a contingency plan as he works on the agency's $25 million budget for next year. He has two versions of a spending plan for the center, which provides mental health services for 4,200 children and adults a year. One includes moderate cuts tied to state funding changes, and the other deals with massive cuts pushed by the federal government. In the worst-case scenario, as much...
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INVESTING: Law of supply and demand wreaks havoc on oil pricesRestricted Content

June 2, 2008
Ken Skarbeck
One of the first things a student in Economics 101 learns is the fundamental concept of supply and demand. Who can forget those familiar graphs that show the two crossing curves and the critical point where they intersect-the price of the particular good. Next, we learned the effect of shifts in supply and demand, which lead to either an increase or decrease in price. Visually, those graphs allowed us to see how an increase in demand, without a commensurate increase...
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IRS requires not-for-profits to disclose more info: Organizations gearing up for new rules in 2009Restricted Content

June 2, 2008
Jennifer Whitson
For the first time in decades, the Internal Revenue Service is making a major revision to the way not-for-profits disclose information about their finances, governance and operations. Coming in the wake of scrutiny from federal lawmakers and regulators alike, the changes to IRS Form 990 that take effect next year require not-for-profit leaders to provide more information on executive compensation and potential conflicts of interest, for example. And for the first time ever, most organizations will be required to file...
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VOICES FROM THE INDUSTRY: Projects require much work before ground is ever brokenRestricted Content

May 26, 2008
Fred J.
Encouraging new development-residential and commercial-is such a high priority in many communities these days that one would think both the private and public sectors would rush to break ground before the impulse passes. But as ESPN college football analyst Lee Corso often responds each Saturday during the season to the observations of others, "Not so fast my friend." Before construction actually starts, all parties involved in a proposed project, if it is to be successful, must reach consensus on a...
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EYE ON THE PIE: Globalization in the fast-food businessRestricted Content

May 26, 2008
Morton Marcus
My buddy Andy hates his name. He suffers because his parents were excessively influenced by "Wheel of Fortune" and named him Andreas Fawlty Towers. After years of teasing, Andy now hates just about everything. For example, he and I were having lunch at the redesigned "Steak, Shake and Sushi" as he complained about the new menu. "Foreign foods," he said, groaning. "They take a perfectly fine menu of American classics and add something no one ought to eat. It's bad...
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VOICES FROM THE INDUSTRY: One man's trash is a gold mine for privacy violationsRestricted Content

May 19, 2008
Joan Antokol
National pharmacy chains such as CVS and Walgreens are not the only ones to experience "dumpster-diving" by investigative reporters. These drugstores were merely the first to be featured in media reports about customers' personal information being disposed of without being destroyed first, a violation of state and federal privacy laws. Diving in Local reporters have since rummaged through the trash of mortgage brokers, title insurance companies, fitness centers, banks, law firms, hospitals and government organizations. While searching through the trash,...
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Tax appeals to open flood of business: Lawyers, consultants getting readyRestricted Content

May 19, 2008
Scott Olson
Tax attorney Sandy Bickle looked forward this summer to taking her first two-week vacation since 1976. But the latest property reassessment and the tax bills to follow are expected to generate a slew of appeals, prompting Bickle to rethink her plans. "I'll probably take one, but it won't be two weeks," lamented Bickle, who serves in an of-counsel capacity at Ice Miller LLP. "I expect to be very busy." She's not alone. Tax lawyers, consultants and appraisers all likely will...
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Test run of commuter rail could be relatively cheapRestricted Content

May 19, 2008
Chris O'Malley
Planners and politicians spent the better part of a decade and untold millions of dollars studying a mass transit system between downtown and the suburbs. They have little to show for it except mounds of reports and an estimate of $690 million, but the boys in bib overalls at the Indiana Transportation Museum think they can get it done for much less.
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Student loan industry still in limbo, despite new law: Sallie Mae, others wait for details from governmentRestricted Content

May 12, 2008
Tracy Donhardt
A federal bill intended to bail out student loan lenders like Sallie Mae, one of central Indiana's top employers, has raced like a bullet through Congress-a remarkable feat for Washington lawmakers. But what the future holds for embattled student lenders remains murky. While the newly passed measure will increase liquidity by allowing the U.S. Department of Education to buy loans, it leaves responsibility for working out the details to bureaucrats. In effect, Congress said in the bill that the Department...
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Companies prepare for tougher breach law: Writer of security bill wanted more protectionsRestricted Content

May 12, 2008
Kristin Mcfarland
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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VIEWPOINT: Is Indiana prepared for recession?Restricted Content

May 5, 2008
Myron Kanning
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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  1. Uh, sorry Johnnie, but you are incorrect. Despite the assertions by yourself and various defenders and captains, sports attendance is NOT off significantly at most sporting events in the US. Variances in attendance has been in the range of single digits, both + & - for years now. MLB has had most of its best overall attendance nubers in the last decade, and that trend has been consistent for most major sporting events. The number one issue cited by most fans when asked about attendance is the overall cost of attending. The presence of HD and big screen televisions in home doesn't even register, as a factor for not attending an event. VALUE in the product is the key, and apparently is something lacking in the current ICS. What other explanation is there when with what is routinely touted as the "best" racing on the planet, fans are staying away in DROVES. A "close" title battle into the last event at Fontana, with the "cars and stars" of the ICS, and who showed up? MAYBE 8K. Sorry, but HD TV isn't to blame for that kind of fan apathy.

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  3. If she was worth the $ the public outcry over direct tv dropping them would have kept them on their dishes as we have seen with other companies. I too quit watching channel 13 after she showed up since I left channel 8 because of her all show rather than production results. When Randy on 8 corrected her she had a big head and incorrectly challenged his correction for pronunciation of a city. Other antics while she matures was too much for me with her very inaccurate forecasts. All the forecasters were predicting rain until Thursday except Chris. They predicted sunny on Thursday but instead of rain until Thursday upon which the sun would finally make it out in full glory Chris was right on the money just as I too predicted looking at the radar on weather.gov. One thing I love about Angela is the fear you can see in her every time it thunders in the winter. It far exceeds the entertainment value of her body language (high heel noise drags, depression, etc) when her forecasts are so incorrect. Her hair stands on end, you have to see it!!!

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