April 25, 2005
Peter SchnitzlerIn just a few weeks, Hoosiers will learn whether the Navy plans to multiply southwest Indiana's economic development prospects,
or mothball its Crane base, the region's primary high-tech asset. The latter scenario would not only devastate the region;
it would seriously set back statewide efforts to modernize Indiana's economy. "If Indiana were in a position where we were
a recognized technology leader, the loss of that one asset might not loom as large," said Central Indiana Corporate Partnership
Vice President...
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April 18, 2005
Tracy DonhardtTwo of the eight finalists that will participate in a national competition of bioscience startup companies at Purdue University
are from Indiana. Omni Spray and QuadraSpec will compete in the third annual Purdue University Life Sciences Business Plan
Competition against companies affiliated with several renowned universities, including Columbia University, Harvard University,
Massachusetts Institute of Technology and Johns Hopkins University. The companies will present business plans for bringing
their products to market and be judged by a panel of venture capitalists,...
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April 18, 2005
Ethan BartanenSimulating the events of a real-life space mission is not just child's play anymore. Decatur Township Schools' Indianapolis
Challenger Learning Center now allows area businesses to participate, too. The center, in Ameriplex Business Park, has been
hosting field trips and summer camps for children for about a year. An adult program lifted off last fall. "We do not just
want to do school-oriented projects," said Director Gary Pellico. "We want to be a part of this community and we are...
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April 18, 2005
Peter SchnitzlerThere are 54 million Americans living with disabilities. Apparently, most U.S. businesses don't want their e-commerce. Right
now, universal Internet accessibility is a distant dream for the blind, deaf, handicapped and otherwise-disabled. According
to local assistive-technology provider Attain Inc., less than 10 percent of Web sites are built with their needs in mind.
But Attain is hoping to help change that. On June 11, Attain will stage a local "Accessibility Internet Rally" in conjunction
with the national event's original organizers...
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April 18, 2005
Thomas LaddLast month, 10 members of the U.S. House of Representatives asked the Bush administration to initiate trade disputes before
the World Trade Organization and to identify nations that don't protect intellectual property rights under U.S. trade law.
The Representa tives pointed to a number of countries-Brazil, China, Pakistan, Russia and Thailand-that have been identified
in the "National Trade Estimate Report on Foreign Trade Barriers" as having poor enforcement of trademarks and copyrights.
While the lawmakers' concerns are valid, the expression...
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April 18, 2005
It's week five of the correction that began in early March. Major market indexes have declined anywhere from 3 percent to
8 percent, and the selling may not be over. Does it matter? Is this simply another minor setback on the march to new highs?
It definitely matters. As I've said since January, the bull market that began in March 2003 has now changed so that you can't
depend on the broad rising tide to bail you out. Micro-cap-size companies...
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April 18, 2005
Susan RaccoliYou won't find People magazine in the waiting room at the WIP Downtown hair salon. "That magazine just encourages gossip,"
explained co-owner Jeff Demaree. Contrary to the stereotype of hairdresser as therapist, Demaree wants his staff "to avoid
discussing personal problems with customers because it makes the atmosphere more stressful." Instead, Jeff and his wife, co-owner
Kimberly Demaree, suggest discussing current events, politics-if they know they agree with the customer-TV, or recent WIP
accomplishments such as photo shoots. "We want...
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April 11, 2005
Tom MurphyCook Inc. plans to slide its coated-stent ambitions from the heart down to another region of the body where a multimillion-dollar
market awaits. The Bloomington-based medical-device maker recently started testing a product that uses the same drug Cook
put on a coronary stent it tried to develop a couple of years ago with Guidant Corp. Instead of treating arteries near the
heart, the Zilver PTX stent targets blockages in the major artery that runs through the thigh. Cook is the...
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April 11, 2005
Chris O\'malleyA handful of the city's new-car dealers are cautiously backing into the buy-herepay-here lot, a risky but potentially lucrative
used-car business long the bastion of neighborhood lots and chains such as J.D. Byrider Systems. The allure of making in-house
loans is interest rates that can top 21 percent and profit margins that can be 10 times higher than peddling fresh metal.
While rebates on new cars come and go and make for volatile sales, the poor and those with credit...
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April 11, 2005
Peter SchnitzlerIts software was supposed to become the American auto industry's standard. Instead, Powerway Inc. finds itself scrambling
once again to recover from a sudden reversal of fortune. Detroit-based General Motors Corp. has terminated its 2-1/2-year-old
agreement to implement Powerway's quality-control software throughout its supply chain. As a result, Powerway's CEO Theodore
Wozniak has stepped down and the company has fired a quarter of its work force. "It's frustrating and disappointing that,
under such great financial pressure, the American-based manufacturers are...
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April 4, 2005
Peter SchnitzlerHatching new businesses is getting to be routine for Indiana University. So it was easy for Richard Wagner to contemplate
moving his biotech startup from Columbus, Ohio, into IU's 2-year-old business incubator on the Central Canal. "It's an excellent
facility. Every time I go up, I'm more and more impressed with it," Wagner said. "They put a lot of thought into designing
it to meet the needs of life science and biotechnology research." Wagner, who holds a doctorate in plant...
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April 4, 2005
Chris O\'malleyA top Indiana economist will study whether an emerging class of aircraft known as "very light jets" could fuel an economic
boom, especially in the state's smaller, more isolated communities. Morton J. Marcus, director emeritus of the Indiana Business
Research Center at Indiana University, will gauge the potential impact of VLJs in six communities, including Mount Comfort
Airport in Hancock County. Several aircraft makers next year plan to launch the diminutive jets, which can whisk up to six
people as...
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April 4, 2005
Della PachecoAppnuity founders David Eckel and Mark Castelli started their information technology business in 1999 specifically to serve
this client base. They provide a wide array of personal-computer network solutions, Web site application development, Web-hosted
services and structured cabling, which is determining the type of cabling needed to support current and future technology
needs. The partners' skills complement each other. Eckel, 33, who is president and CEO, has experience as a network technician
and sales consultant. Castelli, 34, is Appnuity's vice...
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March 28, 2005
VOICES FROM THE INDUSTRY Don Altemeyer Let's rebuild Indiana's rep as construction powerhouse A well-paying career More research
A lesson from hoops We could wear out our hands clapping like Gene Hackman's Hoosiers, and it's not going to change the fact
that basketball in Indiana this year has been nothing short of unremarkable. Despite the state's long-standing reputation
as a basketball powerhouse, it's the other teams playing in our arenas that are making history. There's a similar story taking
place,...
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March 28, 2005
Tom MurphyThe Afghan boy may have arrived last month at Riley Hospital for Children with heart trouble and a need for complicated surgery.
But behind those soft, brown eyes and that adorable smile lies a 12-cylinder marketing engine. A sample of the 15-month-old's
power: Qudrat's often-reported story created at least $1 million in free media for Riley, according to hospital officials.
That's 10 times the amount Riley spends on print or broadcast advertising in a year. He could be responsible for...
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March 28, 2005
Fredrick J.Public school officials around the state have received sharp criticism in recent years for authorizing construction that critics
decry as ostentatious and excessively expensive. Chief among the targets, but not exclusively, are athletic facilities that
are often perceived as superior to all but the largest of our NCAA Division I colleges and universities. Without taking sides
in the fray, I would simply remind everyone that K-12 education is basically a community function driven by local decisions.
The bulk of the...
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March 28, 2005
Chris O\'malleyFinancially struggling IndyGo is paying a handsome sum to its information technology director, hired to help turn around a
city bus system that began 2004 with a $4 million budget deficit. Dale Meyers would earn about $188,000 if he worked 40 hours
a week, based on a $94-an-hour employment agreement inked last July. Meyers' pay would dwarf the $120,000 annual salary of
Indy-Go CEO Gilbert Holmes. It's also salty compared to others' in his field. The median pay for an...
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March 28, 2005
Peter SchnitzlerThe billboards read "Go Businessmakers," but the yellow flag is up. Purdue University is reorganizing its primary program
to assist high-tech startups and has fired the director. Part of Purdue's nationally recognized effort to transform raw university
research into viable businesses, the Gateways Program had been managed since October 1998 by Sam Florance, a former investment
banker and management consultant. Purdue closed Gateways and eliminated Florance's position on March 14, IBJ has learned.
On March 18, Joseph B. Hornett, senior...
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March 28, 2005
Well, there's a conversation-starter you don't hear every day, I thought. It was inane even for the preschool crowd, which
is known for the inanity of their questions. "Um, I think it's a Kenmore," I replied. "Oh," he said. "Ours is an Oreck XL
Classic commercial-grade vacuum with a bristled-edge cleaning system, long-lasting drive belts, an easy-load bag dock, metaxalloy
motor fan, pile-lifting roller brush and non-marring bumper," or something to that effect. That's when I realized Henry was
no...
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March 21, 2005
Scott OlsonThe U.S. Supreme Court will hear arguments April 20 in a case that Eli Lilly and Co. and other pharmaceutical corporations
say could restrict the development of new drugs. The dispute stems from a June 2003 decision by the U.S. Court of Appeals
for the Federal Circuit in Washington, D.C. The panel affirmed a district court's finding that Merck KGaA in Germany infringed
upon four of New Jersey-based Integra LifeSciences Holdings Corp.'s licensed patents. At issue is whether pharmaceutical companies...
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March 21, 2005
Tim AltomI'm used to technology, but sometimes it creeps me out. A while back, I was in a small conference room that had one of the
newest small videoconferencing units crouched atop a massive monitor. I picked up the remote from the table to move it out
of my way, and abruptly the unit came to life, swiveling about to stare at me. The monitor, until then comfortingly black,
now had my picture on it. It was a flashback moment to...
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March 21, 2005
Scott OlsonBy 1984, when the U.S. Supreme Court thwarted an attempt to prohibit consumers of Sony Betamax from recording television programs,
music lovers already were accomplished at taping their favorite bands. A blank Maxell cassette, a tape deck, a turntable and
a copy of, say, your buddy's new R.E.M. "Reckoning" album provided the essential tools to copy the tunes without actually
spending $7.99 on the record. Fast-forward two decades and the debate over whether technological advances have made it too
easy...
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March 14, 2005
Cities seem to progress in stages with moments of decline, growth, exceptional energy, and, at times, a sense of destiny.
For many years, Indianapolis has been a city on the move, a little like Chicago in 1893 when it hosted a World's Fair. Chicago
sought to shed its frontiertown image and establish itself as a city of global consequence. It beat out New York, St. Louis
and Washington, D.C., for the right to host the fair. In hosting it, Chicago...
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March 7, 2005
Peter SchnitzlerIndiana's state Web portal, access-Indiana, won at least a dozen awards over the last four years. It was frequently lauded
as a model of modern government efficiency-robust, reliable and user-friendly. But, according to new Indiana Chief Technology
Officer Karl Browning, the reality was only skin deep. Certainly, accessIndiana is the handsome public face of state information
technology. But beneath the surface, there's a tangled mess of unconnected systems, each managed independently by a separate
agency. Gov. Mitch Daniels, a Republican,...
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March 7, 2005
Greg AndrewsSteel erection for the troubled Central Library expansion is finally expected to begin next month, library officials say.
But they acknowledge the start of construction on the six-story addition won't signal they've finished fixing defects on the
underground garage or resolved who's to blame for them. While officials say they're confident it's safe to build atop the
garage that will serve as the foundation for the addition, they say it will continue to undergo repairs for another year or
so....
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These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.
The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)
As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.
The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.
I have been to several of their locations in Pennsylvania and always go in for 1 item and leave with a basket full of things. I'm very happy they decided on Indiana, now if only they would put the other store in eastside.