September 26, 2005
Scott OlsonBut her connection to the grocery runs deeper. Her mother, Debbie Davis, was an Atlas institution, earning her "sticker lady"
nickname from children who received the treats she kept in a toy treasure chest at her register. Debbie died in June 2004
at age 52, following a prolonged battle with breast cancer. In her memory, husband Mike Davis created the "Debbie's Make You
Smile Fund" to benefit the Indiana University Cancer Center. It is supported by the sale of the...
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September 26, 2005
David M.Retirement planning means far more than simply accumulating a nest egg for the years when you're no longer working. It involves
developing a long-term investment strategy that helps you meet this critical goal without losing sight of your more immediate
financial concerns, such as paying your mort gage or sending a child to college. Where will nest egg come from? Many retirement
planning experts agree that you will need about 75 percent of your pre-retirement income to maintain your current...
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September 26, 2005
Scott OlsonAre you prepared for Despite warnings, many businesses fail to plan for the worst Frank Hancock didn't have a disasterrecovery
plan when a tornado tore past his east-side printing company two years ago, causing $5 million in damage. Severe wind gusts
from the Sept. 20, 2003, storm shredded Sport Graphics Inc.'s 5-month-old warehouse and manufacturing facility and tore 13
1,800-pound air-conditioning units from the roof, dumping them on the parking lot below. One was never recovered. Amid the
mayhem that...
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September 26, 2005
Tom MurphyThe network has launched a growth spurt that will take it into new markets, boost technology and strengthen Riley Hospital
for Children all over the next few years. This construction also will pile on to the cost of health care, according to several
researchers and health care experts. How that trickles down to the average patient bill, or if it does, remains to be seen.
Consultant Edmund Abel has to think back more than 20 years to recall a capital...
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September 26, 2005
Eric ManterfieldThe recent news from New Orleans and Mississippi points out the need for family businesses to have disasterrecovery plans.
Fortunately, we have little in Indiana to worry about from hurricanes, but other disasters are not uncommon. Consider the
possi ble catastrophes that might strike your business. What have you done to protect the business against the consequences?
Business-continuation and other insurance can mitigate the consequences of a wholesale destruction of your business facilities
after a tornado or other natural disaster....
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September 26, 2005
Scott OlsonConsumers who have been contemplating bankruptcy are now flocking to file before more stringent regulations take effect Oct.
17. Federal lawmakers passed a bankruptcy reform measure in March to make it harder for people to wipe away unsecured debt
while keeping some protected assets. The aim is to curb perceived abuses of the system by shepherding more filers through
Chapter 13-instead of Chapter 7-which requires consumers to at least repay some debt. Indiana already has a high bankruptcy
rate. The...
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September 26, 2005
Ed CallahanCharitable giving often is a spur-of-themoment thing, particularly if it's a response to a disaster. Still, charitable groups,
relief agencies and financial advisers say a little thought before making a donation is a good idea. Giant disasters such
as Hurricane Katrina jolt many people into trying to help, often with no particular idea beyond simply doing something. However,
some types of help are more helpful than others. Properly following the rules of charitable giving can provide a tax benefit.
It...
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September 26, 2005
Chris O\'malleyMulticast Networks Group LLC plans to launch the network in 2006, said industry veteran Michael Ruggiero, who heads the 22-year-old
ALL TV Services communications consulting firm. "We know the industry needs more content. Broadcast groups we've talked with
are very excited about the concept," said Ruggiero, chairman of Multicast. Ruggiero also is vice president of distribution
for The Tube Music Network, developed by MTV co-founder Les Garland. Ruggiero recently helped broker a deal to run The Tube
on digital channels...
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September 19, 2005
Bill BennerMy alma mater, Indiana University, has taken its share of licks in recent times. In fact, I've used this space to throw some
of the punches. But its recent decision-coinciding with the start of football season-to try to oust the party animals from
the jungle just south of Memorial Stadium on game days was prudent, correct and too long in coming. This, folks, has been
a human and legal calamity waiting to happen. The "jungle" is a park-like area across...
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September 19, 2005
Anthony SchoettleWVUE-TV Channel 8 in New Orleans has no transmitter, no offices, little functional equipment and a skeleton staff. The station
owned by Indianapolis-based Emmis Communications Corp. also has no paying advertisers and a depleted audience, thanks to Hurricane
Katrina. The devastation wrought by one of the nation's worst natural disasters puts plans to sell the station on hold as
WVUE officials survey the millions of dollars in damage to their facilities and equipment and fight to get back on the...
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September 19, 2005
Andrea MuirraguiIt's never easy for United Way of Central Indiana-raising money seldom is. But this year, organizers went into the annual
fund-raising drive with an additional challenge: replacing $1.5 million in one-time donations that helped get the 2004 campaign
to its $36.6 million goal. Their task is complicated by the fact that this year's effort started just as the philanthropic
response to Hurricane Katrina kicked into high gear. Americans have given nearly $1 billion to disaster relief already, and
the impact...
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September 19, 2005
Greg AndrewsRuth Lilly garnered headlines around the globe in 2002 after an Indianapolis judge approved a new estate plan for the heiress
that earmarked an estimated $185 million for two tiny arts organizations, the Chicago-based Poetry Foundation and Washington,
D.C.-based Americans for the Arts. Now, in a newly public deposition, Lilly's personal attorney, Tom Ewbank, charges his client
was opposed to the large bequests and instead had wanted to funnel more of her billion-dollar estate into her own foundation,
for the...
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September 19, 2005
Tammy LieberWhen the workers at DaimlerChrysler Corp.'s Indianapolis Foundry clock out for the last time at the end of the month, they'll
leave behind 756,000 square feet of factory space, tons of equipment, and more than 52 acres of industrial land on the city's
west side. Rather than becoming a rusting industrial relic along Interstate 70, however, the buildings will be razed and real
estate experts expect the land will soon find a new use, albeit likely not for a factory....
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September 12, 2005
Tracy DonhardtreporterBut an unusual component of the soon-to-be-released request for proposals by Indianapolis Public Schools, the property's owner,
has many wondering if anyone has what it will take to win the coveted piece of real estate. What it'll take is the offering
of a replacement facility where IPS can move its central transportation facility and other school district operations. "That's
the general concept," said SteveYoung, chief of facilities management for IPS. "We're not looking to sell it. We would have
to...
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September 12, 2005
Patrick BarkeyYou may not know this, but every banker and policymaker does. If every one of us got out of bed tomorrow morning, drove to
our banks or financial institutions, and tried to withdraw our money, the system that seems so solid today would suffer a
complete collapse. The same thing would happen to the electrical grid if every device that could draw power were switched
on at once. In fact, if every one of us decided today to fill up...
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September 5, 2005
Chris O\'malleyHurricane Katrina will be both a curse and a blessing to Indiana companies, which will cope with higher fuel costs and shipping
problems but find themselves awash in opportunities to sell materials and machinery for rebuilding Gulf cities. Besides weathering
the immediate impact of higher fuel prices, Hoosier firms will pay more for a range of goods, because of the trickle-down
effect of higher shipping costs. "Our biggest concern continues to be on the ever-increasing cost of fuel. That's s...
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September 5, 2005
Bill BennerMy friend, the young radio sports talk show host, tells me I've become Mister Softee. He says I have lost my edge. He wonders
why I don't rattle cages like I used to. He says the Indianapolis Colts have to win the Super Bowl this year, and anything
less should be considered an abject failure. And I say, poppycock. He says winning a championship is the only measurement
of success in professional sports. And I say, baloney. He says if...
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September 5, 2005
Tammy LieberWhen a team of developers took on the renovation of downtown's Buggs Temple in fall 2003, most windows in the historic church
were missing, the roof was riddled with holes, and much of the sanctuary floor was in the basement. Almost two years later,
it's difficult to gauge the progress of the project by sight. The floor is entirely gone, as are the balcony, the doors and
the few windows that remained. In that time, however, the building on West...
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September 5, 2005
Fred GreenTo save themselves from unforeseen trouble down the road, buyers of site-development and buildingdesign services would be
wise to consider the joint efforts of an experienced architectural firm working in tandem with an environmental consultant.
The reason is fairly simple: Architects are trained to have knowledge in so many diverse and ever-changing subjects that the
singular expertise of an environmental consultant can provide significant support in an area still quite new to many designers.
While working with restrictive rules and...
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September 5, 2005
Greg AndrewsIn February, Goldsmith suspended construction while he and advisers analyzed options. Within months, he gave Circle Centre
the green light, and construction resumed-but not because he was convinced the project would succeed. "In the end, we decided
job creation in the urban core and the psychological survival of the city were dependent on some development occurring downtown,"
recalled Goldsmith, now a professor at Harvard University. "We went forward with the mall with great anxiety." Today, 10 years
after the September...
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September 5, 2005
Scott OlsonA plan to renovate School 57 in the eastside Irvington neighborhood might require the demolition of three nearby homes whose
owners welcome the idea. That is in stark contrast to the Meridian-Kessler residents who vehemently opposed a proposal earlier
this year that could have taken three houses to accommodate the expansion of School 84. But in both instances, Indianapolis
Public Schools is likely to avoid invoking eminent domain powers to forcefully acquire the properties. In doing so, the school
corporation...
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September 5, 2005
Andrea MuirraguiLocal philanthropic response to the epic disaster was almost immediate. Television and radio stations alike urged central
Indiana audiences to make donations at dozens of collection sites, and the Salvation Army's Indiana Division broke out its
red kettles to help. The corporate community also responded. Gifts made by IBJ's deadline include: Indianapolis-based Eli
Lilly and Co. said it will contribute $1 million to the American Red Cross and match all contributions made by its U.S. employees.
Lilly also will give...
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August 29, 2005
Chris O\'malleyEven though Indiana is one of the nation's biggest growers of corn-the key ingredient in cheaper-than-gasoline ethanol-not
a single ethanol pump is available to the average motorist in the Indianapolis area. That twisted irony in a day of record
gasoline prices may soon be no more, with a handful of central Indiana gas stations likely to start offering an ethanol alternative-known
as E85-by yearend, according to proponents of the fuel. "I hope by Christmas to have a couple in the...
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August 29, 2005
Tracy DonhardtreporterFor many students majoring in education at Ball State University, thinking about teaching in an urban elementary school conjures
up images of unruly students, apathetic parents and old, rundown buildings. These and other similarly negative perceptions
are generally inaccurate, say BSU educators, but they are gathered in surveys conducted each year. So the BSU Urban Semester
Program places students in an Indianapolis Public School for 16 weeks in the hope they acquire more positive-and accurate-images.
"We find students have horrible...
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August 29, 2005
Bill BennerI received the best golf lesson of my life recently, and it didn't cost a dime. My instructor didn't work on my grip, my stance
or my posture at address. He didn't tell me to keep my head down, my left arm straight or to turn my hips toward the target.
We didn't talk about fluffy, plugged or tight lies. We didn't talk about reading putts or reading divots. We didn't work on
driving, long irons, short irons, wedge play...
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!