News & Analysis

A battered stock market is no reason to stop investing for a college educationRestricted Content

September 26, 2009
Scott Olson
It's no time to be cautious about investing for a college education. Rather, the drop in the stock market presents an ideal time to be aggressive.
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New Indiana law requires schools to teach financial acumen

September 26, 2009
Peter Schnitzler
Indiana Superintendent of Public Instruction Tony Bennett plans to meet a state mandate to offer financial instruction by incorporating the topic in the classroom via real-world example.
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Hospitals, doctors finally integrating patient care

September 26, 2009
J.K. Wall
The stitching together of doctors and hospitals—two groups that historically have kept each other at arm’s length—is a trend picking up speed locally and nationally and could accelerate even further if Congress passes health care reform.
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Pennsylvania city not giving up Harley without a fightRestricted Content

September 26, 2009
Kathleen McLaughlin
The motorcycle manufacturer is considering a Shelby County site at the same time that it's pushing for concessions from the union in York, Pa.
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Region below average on Obama's health care cost measureRestricted Content

September 26, 2009
J.K. Wall
The tool the administration is using to measure waste shows that expenses in Indianapolis might be low enough not to get whacked. But the region isn’t performing so well that it’s likely to get much praise, either.
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Entrepreneur hopes real estate venture will rebuild neighborhoods, fund charitiesRestricted Content

September 26, 2009
Kathleen McLaughlin
David Sexauer has $250,000 and a list of about 120 properties he’d like to acquire from the city of Indianapolis.
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Water utility wants millions for treatment-plant upgrade, dam repairRestricted Content

September 26, 2009
Chris O'Malley
Already swamped with higher debt costs due to a bond refinancing fiasco, the city’s Department of Waterworks is asking the Indiana Utility Regulatory Commission to OK a rate hike to pay for capital projects.
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Influential team owner thinks hot rod group should move HQ from California to BrownsburgRestricted Content

September 26, 2009
Anthony Schoettle
A meeting between high-level National Hot Rod Association executives—including NHRA President Tom Compton—and Gov. Mitch Daniels and members of the Indiana Economic Development Corp. has fueled speculation that the drag racing group might be looking to significantly expand its presence here.
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Fred Glass takes center stage in IU football's ad campaignRestricted Content

September 26, 2009
Anthony Schoettle
Athletics Director Fred Glass isn’t just calling an audible, he’s changing the advertising playbook in Bloomington. Glass, along with his new senior assistant athletics director for marketing, Patrick Kraft, are upping the ante this football season, with a 67-percent boost in television advertising and 20-percent boost in the total media buy.
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How to make the best of meetings and events gone awryRestricted Content

September 26, 2009
Chip Cutter
Meeting and event planners spend years poring over details for big functions, plotting minute-by-minute schedules, and brainstorming every possible contingency to stave off disaster. Sometimes, though, even the best-laid plans go awry.
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Insurer fires latest round in $125M utility case

September 25, 2009
Chris O'Malley
John Hancock Life Insurance Co. today asked a federal judge to force Hoosier Energy Rural Electric Cooperative to post an additional $20 million in escrow as the utility continues to challenge a $125 million claim against it by the New York-based insurer.
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Finish Line shares rise despite quarterly loss

September 25, 2009
Cory Schouten
Shares in locally based athletic retailer The Finish Line Inc. jumped Friday morning after the company reported a narrow loss for the second fiscal quarter, mostly because of the large cost of unloading its unsuccessful Man Alive stores in July.
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WIBC wins Marconi Award for station of year

September 25, 2009
 IBJ Staff
Emmis Communication Corp.'s WIBC-FM 93.1 won the 2009 Marconi Radio Award for Large-Market Station of the Year yesterday in a ceremony in Philadelphia.
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Indiana improves in business tax ranking

September 25, 2009
 IBJ Staff
Indiana is becoming more business-friendly, according to the latest national ranking from the Tax Foundation, which moved the state up two places to 12th.
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Finish Line suffers second quarter loss

September 24, 2009
Associated Press
Sporting goods retailer The Finish Line Inc. said on Thursday that it lost $874,000 in the second quarter, mostly because of a loss it took by unloading its unsuccessful Man Alive stores in July.
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St. Francis resumes work on $265M project

September 24, 2009
J.K. Wall
With its financial performance exceeding expectations, St. Francis Hospital & Health Centers will resume construction on a $265 million, 221-bed patient tower at its Indianapolis campus, the hospital system announced Thursday.
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Lilly's win in Evista patent case crucial, analyst says

September 24, 2009
Scott Olson
A decision by a federal judge in Indianapolis to turn back a patent challenge to Eli Lilly and Co.'s Evista marks a major victory for the company, says an analyst who closely follows the pharmaceutical industry.
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Historic Landmarks returning to headquarters

September 24, 2009
 IBJ Staff
The Historic Landmarks Foundation of Indiana is set to return to its headquarters in downtown Indianapolis tomorrow, six months after a fire at a neighboring apartment project displaced the not-for-profit.
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Judge upholds Lilly's Evista patent

September 24, 2009
J.K. Wall
A federal judge in Indianapolis turned back a patent challenge to Eli Lilly and Co.’s drug Evista, the company announced late yesterday.
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Ex-Lampoon exec Dan Laikin admits to stock fraud

September 23, 2009
Greg Andrews
Carmel businessman Dan Laikin pleaded guilty this afternoon to participating in a fraudulent scheme to pump up the stock price of National Lampoon Inc., the Los Angeles-based entertainment company he led.
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Indy Partnership eyes more jobs from Germany

September 23, 2009
Scott Olson
An Indy Partnership official departed for Germany yesterday on a trade mission promoting economic development opportunities in the 10-county Indianapolis area.
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Indy Audio Labs wiring for relaunch of high-end home theater brands

September 23, 2009
Chris O'Malley
Two former Klipsch Group engineers plan to return to the market a brand of amplifiers famous among audio enthusiasts. Indy Audio Labs, owned by Rick Santiago and Ted Moore, bought the Aragon and Acurus brands of amps, pre-amps and sound processors from Klipsch and are planning a 2010 launch.
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Old National prices offering at $10 per share

September 23, 2009
Scott Olson
Evansville-based Old National Bancorp said yesterday that it has priced its public offering of 18 million shares of company stock at $10 per share.
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Lilly Endowment funds OrthoWorx effort with $7 million

September 23, 2009
J.K. Wall
A new group expected to develop the orthopedic implants industry in Warsaw will be able to proceed now that Indianapolis-based Lilly Endowment Inc. is putting $7 million behind it, according to an announcement this morning.
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Lilly agrees to settle more state Zyprexa suits

September 22, 2009
Eli Lilly and Co. has agreed to confidential terms to settle lawsuits brought by seven states alleging the company illegally marketed bestselling antipsychotic drug Zyprexa, Bloomberg News reported today.
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  1. With Pence running the ship good luck with a new government building on the site. He does everything on the cheap except unnecessary roads line a new beltway( like we need that). Things like state of the art office buildings and light rail will never be seen as an asset to these types. They don't get that these are the things that help a city prosper.

  2. Does the $100,000,000,000 include salaries for members of Congress?

  3. "But that doesn't change how the piece plays to most of the people who will see it." If it stands out so little during the day as you seem to suggest maybe most of the people who actually see it will be those present when it is dark enough to experience its full effects.

  4. That's the mentality of most retail marketers. In this case Leo was asked to build the brand. HHG then had a bad sales quarter and rather than stay the course, now want to go back to the schlock that Zimmerman provides (at a considerable cut in price.) And while HHG salesmen are, by far, the pushiest salesmen I have ever experienced, I believe they are NOT paid on commission. But that doesn't mean they aren't trained to be aggressive.

  5. The reason HHG's sales team hits you from the moment you walk through the door is the same reason car salesmen do the same thing: Commission. HHG's folks are paid by commission they and need to hit sales targets or get cut, while BB does not. The sales figures are aggressive, so turnover rate is high. Electronics are the largest commission earners along with non-needed warranties, service plans etc, known in the industry as 'cheese'. The wholesale base price is listed on the cryptic price tag in the string of numbers near the bar code. Know how to decipher it and you get things at cost, with little to no commission to the sales persons. Whether or not this is fair, is more of a moral question than a financial one.

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