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News & Analysis
Keep Indianapolis Beautiful and Lilly team up on I-70 landscaping project
May 18, 2009
Kathleen McLaughlinSome of Indianapolis' main entrances from Interstate 70 are in line for a $2 million makeover.
MoreClarian and IU Med School hiring 1,500 docs for massive Indiana Clinic; strategy may cut out insurers
May 18, 2009
J.K. WallClarian Health and the Indiana University School of Medicine want to turn 1,500 or more doctors into employees under a new
nonprofit group called the Indiana Clinic.
MoreAngel investment group off to flying start
May 11, 2009
Scott OlsonHALO Capital injects $8 million into startups in first year of operation despite recession and membership turnover.
MoreRecession has a domino effect on venture capital
May 11, 2009
Peter SchnitzlerCall it a trickle-down effect, but not the kind President Reagan would have liked. The recession has cost most institutional
investors, such as university endowments, about a quarter of their value. As a result, venture capitalists' primary source
of funding has dried up. The implications for Hoosier entrepreneurship are stark.
MoreTelcos eye possible competition from electric utilities
May 11, 2009
Chris O'MalleyA trade group for the state's telephone companies is wringing its hands over budding efforts of electric companies to offer
so-called smart grids to better monitor and manage electric distribution.
MoreActivist shareholder makes case against Conseco's board
May 11, 2009
J.K. WallAn activist shareholder vying to become a director of Conseco Inc. says the insurance company's board "completely misjudged"
the risks it faced when it emerged from bankruptcy in 2003 and hasn't recovered since. Now an independent shareholder advisory
firm is siding with him.
MoreReal pinball wizard makes career of repairs
May 11, 2009
George UmbargerGame technician Doug Clark has been going full tilt in unusual niche for 31 years.
MoreReimbursement changes prompt specialists to join hospital payrolls
May 11, 2009
J.K. WallSpecialist physicians, who have traditionally been fiercely independent, are more and more coming on as employees of hospitals.
MoreLauth needs financing, real-estate recovery to emerge from bankruptcy
May 11, 2009
Cory SchoutenThe 32-year-old developer Lauth Group Inc. likely will survive in some form if the company can find financing to get it through
a Chapter 11 reorganization and if the real estate market doesn't take too long to turn around, experts said.
MoreIndianapolis Waterworks' rate hike request excessive, critics say
May 11, 2009
Chris O'MalleyCustomer groups say an 18-percent rate hike sought by the Indianapolis Department of Waterworks is excessive even for a utility
drowning in variable-rate bond debt that's swelled since financial markets collapsed.
MoreSlumping NBC could drag down Channel 13
May 11, 2009
Anthony SchoettleEarly ratings from the all-important May sweeps suggest WTHR-TV Channel 13's 15-year reign as king of local television news
is secure for now. But the big test will come this fall when NBC's weakening prime-time lineup is expected to put the ratings
crown in play.
More'Epic' investment losses hit hospitals
May 11, 2009
J.K. WallFinancial reports trickling in from Indianapolis' major hospitals show why the city's health care building boom ground to
a near halt this year. It ran into a wall of investment losses.
MoreA real pinball wizard
May 11, 2009
It's a rainy Monday morning and Doug Clark is making a house call--an early but otherwise average start to his week.
MoreF1 team picks Charlotte for new headquarters
May 4, 2009
Scott OlsonA decision by a startup Formula One team to set up shop in Charlotte, N.C., is fueling debate over whether Indianapolis still
is the self-proclaimed "motorsports capital of the world."
MoreGeorge gives IRL four years to break even ... or else
May 4, 2009
Anthony SchoettleIndy Racing League founder Tony George dropped a bombshell in December when he told an industry group that he would shut down
the open-wheel series if it didn't break into the black soon.
MoreTop logistics execs draw road map for industry
May 4, 2009
Chris O'MalleyOn the menu of Indiana's economic development initiatives, the logistics industry has had all the appeal of truck stop coffee.
Meanwhile, the information technology and life sciences sectors—and recently clean tech—have had everyone salivating.
Logistics, however, is cooking up a new strategy.
MoreAllison Transmission invests in British engineering firm
May 4, 2009
Kathleen McLaughlinThough plagued by debt, Allison Transmission recently plowed millions of dollars into experimental technology that could lead
to new products.
MoreRitter's buyer retools custard chain
May 4, 2009
Sam StallIndianapolis residents have been passionate about Ritter's handmade frozen custard ever since it debuted almost two decades
ago. But while the ice cream is sweet, the story of the former mom-and-pop company's attempts to morph into something grander
is decidedly bitter. Now, New York-based TruFoods, which bought the company in May 2008, is trying to get the formula
right.
MoreBioanalytical Systems founder fights to be heard
May 4, 2009
Peter SchnitzlerIt took Pete and Candace Kissinger 33 years to build West Lafayette-based Bioanalytical Systems Inc. into one of the largest
contract research firms in Indiana's life science sector. It took just a year and a half for them to turn against the company's
new management.
MoreWith pharma famine looming, Lilly relying on snack-size deals
May 4, 2009
J.K. WallCompared with some of his pharmaceutical CEO peers these days, John Lechleiter has his company on a diet. Instead of using
a mega-merger to bulk up before the famine that patent expirations will bring on the industry next year,
Lechleiter has Eli Lilly and Co. burning management fat while looking for smaller companies to munch on.
MoreCritics: Tax hike 'defies logic'
May 4, 2009
Peter SchnitzlerCritics say the Legislature's plan to shore up the insolvent Indiana Unemployment Insurance Trust Fund places the bulk of
the financial
burden on already ailing businesses with the least ability to pay.
MoreSteak n Shake hoping to roll out lower-cost, limited-service stores
May 4, 2009
Cory SchoutenTV spots for Steak n Shake Co. used to play up the chain's full-service restaurants, complete with friendly servers, real
plates
and glass ketchup bottles—a departure from the "workaraunts" operated by McDonald's and Burger King. Now, Steak
n Shake is developing plans for its own workaraunts.
MoreFederal stimulus trickles down
April 27, 2009
Peter SchnitzlerThere's a smorgasbord available for small businesses in the federal stimulus package. The trick is figuring out how to get
a plate. Plenty of local experts are serving up access to the buffet. And some entrepreneurs are digging in. But others consider
the
stimulus warmed-over leftovers.
MoreGrad students dream up plans for mass transit
April 27, 2009
Chris O'MalleyArchitecture and urban design students from Ball State have created a vision for urban renewal that is arguably more compelling
than the Central Indiana Regional
Transit Authority's principal, utilitarian goal of reducing northeast-side highway congestion and air pollution by running
a diesel commuter train atop the old Nickel Plate Railroad corridor.
MoreChaCha co-founder dancing to different drum
April 27, 2009
Chris O'MalleyChaCha Search Inc. co-founder Brad Bostic has stepped down as president of the human-assisted Internet search company, which
is struggling to turn a profit in a dismal advertising climate, but he hasn't left. "Brad is still engaged with the company
as a director, co-founder and consultant," said co-founder and CEO Scott Jones.
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First, the Athenaeum is going to have to get past the hurdle with the Lockerbie residents and the agreement that the parcel would be residential. Second, and in my opinion, this prime piece of property should include parking, PLUS, a black box theater(s), some market rate and affordable artist housing and a plan to renovate and reconfigure the second story theater. I would negotiate to add the DeHaan property surface parking lot into the development mix, place a one story surface parking garage on the DeHaan lot on the street level (for the Dehaan tenants use during the daytime) and add a second story to the garage that would become an addition to the current second story theater and then change the direction of the theater by moving the stage across the alley and on top of the DeHaan lot parking. You can add all the stage elements that are currently missing from the Athenaeum stage to make it more attractive for use by Ballet, Opera and traveling productions. Plus, the theater changes would probably help solve some of the soundproofing issues. Alas,it does not seem to be a part of the strategic plan to conduct a study to determine best use of the property. Seems like the current plan is a quick and easy move that ignores the property best use/potential and any strategic property planning for the effect on future generations.
I recall that MSA's pilings are still in the ground and hard to remove. It’s not likely any proposal will include significant underground construction/parking because of this. Start adding 2 floors of retail, 8 floors of parking and 5-10 floors of possible hotel, and/or 10-20 floors of residential, and you are at 30 floors already with possible expansion of all the uses. But then again I could be wrong.
Accoriding to their website there is no deadline to the Do Not Call list. What is this article referring to??
On what planet are they entitled to this largesse from the stockholders? These people make multi-million dollar salaries: Pay for your own personal travel.
It matters because they're already paid enormously fat salaries: Pay for your own personal travel. Being "taxed on it" isn't a valid excuse--so what? They're still being gifted a raft of luxury perks from somebody else's money on top of an enormous, lavish salary.