Media & Marketing

ITT paid for feds' aggression: Sweeping probe didn't lead to charges against firm, top execsRestricted Content

July 4, 2005
Greg Andrews
On a chilly winter morning 16 months ago, federal investigators converged on ITT Educational Services Inc.'s Carmel headquarters and 10 of its 77 campuses, gathering documents in a high-profile raid that rattled investors and sent the company's shares into a free fall. Now, the U.S. Attorney's Office in Houston, which obtained the search warrants authorizing the raid, acknowledges its sweeping criminal probe failed to turn up evidence that would justify charges against the company or its top brass. The turnabout,...
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By George: Speedway owner gains clout in Formula One negotiationsRestricted Content

July 4, 2005
Anthony Schoettle
There may be a silver lining to the cloud that descended over Indianapolis Motor Speedway at last month's U.S. Grand Prix: President Tony George has emerged unscathed from a public relations standpoint and has never had more control over the Formula One race his track hosts. Michelin, the French tire maker for the 14 cars that withdrew from the race because of tire-safety concerns, has offered to refund fans' ticket costs. That's a $10 million to $12 million expense the...
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Jail plan calls for speedier courts: Prosecutor still seeking more bedsRestricted Content

July 4, 2005
Peter Schnitzler
Marion County Prosecutor Carl Brizzi's colleagues say relieving jail overcrowding is a question of efficiency. Since jail is meant to be a temporary stop for alleged criminals, they argue, improvements in the process from booking to trial can largely eliminate the need for early release. So why is Brizzi the lone wolf still clamoring to add more jail beds? "Everyone says that you can't build your way out. How do you know that?" asked Brizzi, a Republican. "We seem to...
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SPORTS: Keep F1 and its cash coming back to SpeedwayRestricted Content

June 27, 2005
Bill Benner
I enjoy auto racing but must admit Formula One is not my cup of motor oil. On assignment for the local daily, I was at the initial U.S. Grand Prix at the Indianapolis Motor Speedway, wrote a less-than-positive column about it, and haven't been back since. I liked the technology and the spectacle of the passionate, flag-waving fans, but everything else I viewed with disdain. Particularly distasteful was/is the smugness that permeates the F1 atmosphere. It emanates from the series'...
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Emmis program creating a 'Buzz': Show gains in other markets, but hasn't caught on locallyRestricted Content

June 27, 2005
Anthony Schoettle
A syndicated morning news show co-owned by locally based Emmis Communications Corp. is making in-roads nationally but has failed to cause a buzz among viewers locally. "The Daily Buzz," co-owned by Emmis and California-based ACME Communications Inc., and produced in Orlando, Fla., now airs in 137 markets and has shown increased ratings in several critical markets, including Orlando and Tampa, Fla.; Dallas; and Norfolk, Va. "We're definitely looking to expand our syndication, and we think we'll be successful because we...
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Cab drivers drive down complaints: Service may have improved after city toughened rulesRestricted Content

June 27, 2005
Chris O\'malley
But much of the evidence is anecdotal, as city officials said they do not have complete complaint records for the periods just before and after the City-County Council imposed tougher regulations in 2002. One key problem addressed by those reforms seems to have diminished-drivers taking passengers to the wrong address. The city received only two such complaints in the last 1-1/2 years, according to records kept by the City Controller's Office. That had been a commonly reported problem in the...
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Taking the pulse of life sciences: Experts weigh in on whether Indiana is keeping up in the economic development raceRestricted Content

June 27, 2005
IBJ: Is Indiana gaining ground against other states in the race to grow as a life sciences hub? What are some specific benchmarks that underscore your opinion? JOHNSON: Indiana is gaining ground, but Indiana already starts on really very substantial ground. There are a lot of outside validations of that and I think it's important for this audience to hear a couple of them because there is nothing like having people on the outside pay attention to what we're doing...
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Light dims for U.S. Grand Prix:Restricted Content

June 27, 2005
What started out as a technical problem for one tire company here at the Formula One U.S. Grand Prix blew up into a catastrophic F1 public relations pandemic that could very well kill the U.S. event. Fans immediately wanted to know if they were going to get their money back, not whether F1 was coming back. It is every businessman's nightmare to have so many things go wrong in public all at once, and it will be interesting-maybe even instructive-to...
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SPORTS: The game is on: Academics vs. big-dollar sportsRestricted Content

June 20, 2005
Bill Benner
Give NCAA President Myles Brand and his Task Force on the Future of Intercollegiate Athletics their due. If you will pardon both the pun and the cliché, they're going to give it the old college try. Putting the paste back into the tube won't be easy. It will require a dramatic change in our sports culture-American in general, on campus in particular-to view intercollegiate athletics by any measure other than the one posted on the scoreboard. That is especially true...
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Charitable sector rides on road to recovery: Giving makes big jump for the first time since 2000Restricted Content

June 20, 2005
Andrea Muirragui
Americans gave more money to charity last year than ever before, signaling a return to the pre-9/11 philanthropic heyday. Contributions were up 5 percent, to $248.5 billion-the first significant increase after adjusting for inflation since 2000. "Things have been kind of flat," said Eugene Tempel, executive director at the Center on Philanthropy at Indiana University. "This ... tells us things are getting a little stronger. This is a good sign." Researchers at the center compile data each year and write...
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Rose-Hulman looks ahead: Search for new president could take a yearRestricted Content

June 20, 2005
Peter Schnitzler
But trustees currently have a higher priority: Let the dust settle. "It's only been a couple of days," said Rose-Hulman Chairman Robert Bright. "Nothing's been established for sure yet." It took the Terre Haute engineering school 10 months to find and narrow the field of 60 candidates that produced Midgley-nearly the length of his presidential stint. Most expect the search for his successor to last at least as long. In the meantime, Rose-Hulman has a more pressing task. It must...
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Med school takes hit: IU trims $5.2 million from budget, cuts 36 positionsRestricted Content

June 20, 2005
Tom Murphy
The school tabled some construction plans and may have to curtail recruiting of "star" faculty in areas such as diabetes research, said Dr. Craig Brater, the school's dean. On top of that, the school cut 36 positions and halted spending for several programs after it was hit by decreases in state funding and grants, and a rise in expenses. Brater said the medical school has been lucky "in large part" to receive the funding it needed over the years. He...
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Ready to unify?: Danica's impact puts IRL in driver's seatRestricted Content

June 20, 2005
Anthony Schoettle
To nudge the idea along, executives of the Japanese automaker are becoming personally involved, marking the first time an IRL sponsor and major manufacturer has pushed this hard for unification talks. "It's no small deal when a partner like Honda gets involved," said Bob Basche, chairman of Millsport, a Stamford, Conn.-based sports and event marketing agency. "Not only do they supply engines [to the IRL], but Honda pumps in millions of dollars annually in sponsorship and advertising for the series."...
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Jester Promotions LLC: Keeping promotions on the cutting edge Advertising specialty firm also always on the lookout for inexpensive merchandiseRestricted Content

June 20, 2005
Jo Ellen
Advertising specialty firm also always on the lookout for inexpensive merchandise Back in days of old, jesters were the eyes and ears of the power brokers. "They knew everything the king knew," said Rick Atkins, co-founder of Jester Promotions LLC, a specialty advertising company. That's the know-how Atkins said he brings to the table: up-to-the-minute knowledge about the latest trends in promotional activities and where his clients can get the best price for their items. He toyed with naming the...
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BULLS & BEARS: What's seen as wisdom is financial pornographyRestricted Content

June 13, 2005
Dave Gilreath
In 1995, Jane Bryant Quinn wrote an article in Newsweek titled "The Big Tease" and used the term "financial pornography" to describe magazine headlines we have all seen. Headlines like: "Ten Mutual Funds to Buy Now" "Surefire Oil Stocks" "Five Stocks to Own for Your LIFE" "How to Profit from $100 Oil" One of the definitions of pornography in Webster's is "the depiction of acts in a sensational manner so as to arouse a quick intense emotional reaction." Replace the...
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Shrinkage a growing problem: Manufacturers seek ways to stem product lossesRestricted Content

June 13, 2005
Anthony Schoettle
The U.S. manufacturing industry has begun rebounding from its economic swoon, but some industry experts think more manufacturers must become more efficient and eliminate waste if they are to compete in the current global climate. While the Manufacturers Alliance, an Arlington, Va.-based business and public policy research group, projected manufacturing growth of 3.4 percent this year and 3 percent in 2006, big challenges remain. One growing problem is the so-called shrinkage factor, defined in manufacturing as the percentage by which...
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GERALD BEPKO: Deep Throat: a hero or a villain?Restricted Content

June 13, 2005
Forty years ago this month, I reported for duty as a special agent of the FBI. In the course of new agents' training, we met a distinguishedlooking middle-age agent named W. Mark Felt, who headed the Training Division. In his meetings with new agents, Felt exuded the "fidelity, bravery and integrity" that are the motto of the FBI. He looked like the actors who were at that time filming some scenes nearby for the first episodes of a popular 1960s...
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NOTIONS: The Wiccans and the Speaker: Two cases, one topicRestricted Content

June 13, 2005
Bruce Hetrick
A few months ago, I had lunch with Fran Quigley, executive director of the Indiana Civil Liberties Union. We'd never met, but we'd exchanged emails about one another's newspaper columns. As we ate, we did the getting-to-knowyou dance. We talked about our wives and kids, faith and friends, grief and recovery. After that, work wormed its way into the conversation. We talked about our mutual interest in writing, law, government, politics and our often-frustrating quests to save the planet from...
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VOICES FROM THE INDUSTRY: Indiana must not let TDL opportunities elude its graspRestricted Content

June 13, 2005
Michael Snyder
Unlike some other Hoosier economic initiatives, much of the required infrastructure to rapidly advance TDL into significant growth is already in place. More Interstate highways cross the state An economic development analyst determining the physical advantages of Indiana might initially be challenged. Indiana has no oceans. No mountains. No temperate climate. But the Hoosier state does possess one singular unmatched physical plus: It is the state geographically closest to the bulk of most U.S. major markets. For more than a...
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Y&L shoots for Lands' End: Underdog Young & Laramore fights national advertising behemoths for $10 million accountRestricted Content

June 13, 2005
Anthony Schoettle
The seemingly undersized, undermatched independent advertising agency Young & Laramore has found itself in the national spotlight competing for a multimillion-dollar account with some of the industry's largest national players. The Indianapolis-based firm best known for its award-winning ad campaigns for Steak n Shake, Goodwill Industries and most recently Stanley Steemer, is one of four finalists vying for the lucrative Lands' End broadcast creative contract. Young & Laramore's competitors for the Lands' End account are Omnicom Group's BBDO and Downtown...
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Feed store offers unique product mix: Retailer remains a Wanamaker institution, despite having numerous competitorsRestricted Content

June 13, 2005
Susan Raccoli
Wanamaker Feed and Seed Feed store offers unique product mix Retailer remains a Wanamaker institution, despite having numerous competitors Pig noses, pig ears, cow hooves, wind chimes, jackknives, horse feed, bottled water, Indiana-dipped candles, carousel bird feeders-the inventory at Wanamaker Feed and Seed runs an interesting gamut. And owner Jim Trimble knows what to add, because he takes the time to know every customer and find out exactly what is wanted. (The first three items are for dogs to chew...
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Purdue student plays key role in "RFID for Dummies": Book helps businesses implement logistics technologyRestricted Content

June 13, 2005
Peter Schnitzler
Patrick Sweeney was the book's author. Most other books on RFID consider only the highly technical aspects of the technology, Sweeney said. "RFID for Dummies" is aimed at businesspeople charged with actually implementing the technology, or for those who determine its ROI. "This is really the first book of its kind that walks people through the logical process to deploy an RIFD system," Sweeney said. The cost of implementing RFID is based For an up-and-coming new technology like radio frequency...
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State targets salvage yards: 44 violations cited, but no fines so farRestricted Content

June 6, 2005
Chris O\'malley
Indiana auto salvage yards are finding themselves in the crusher-in the clutch of regulatory jaws bent on reducing salvage-yard pollutants. In barely two years, the Indiana Department of Environmental Management has issued violation notices to 44 salvage yards, according to state records. While historical numbers weren't immediately available, "before, we were sporadic and really didn't have a widespread effort," said Amy Hartsock, an IDEM spokeswoman. While on the prowl lately, the agency's jaws have been padded with rich Corinthian leather:...
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JOHN KETZENBERGER Commentary: Time is ripe to heal racing riftRestricted Content

June 6, 2005
Roger Penske strode alone through Gasoline Alley 90 minutes before this year's Indy 500. With 13 wins at the Indianapolis Motor Speedway, The Captain certainly knows how to get his drivers around the famed Brickyard. In the next line of garages, a crowd of race fans and media gathered before doors numbered 12, 13, 14 and 15 where Rahal Letterman was encamped. Rookie phenom Danica Patrick arrived on a golf cart and disappeared quickly into the relative calm before the...
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SPORTS: No checkered flag for IRL, but it's leading the raceRestricted Content

June 6, 2005
Bill Benner
The Indianapolis 500 is back, so we are told and at least we should hope. While television ratings didn't blow through the roof, they at least climbed out of the basement by posting a 40-percent increase and putting in the rear-view mirrors that evil NASCAR event later in the day. Officials proclaimed with pride that the Indianapolis Motor Speedway was "almost a sellout" for the big race, which, not that many years ago, would have been an indictment, not a...
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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