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News & Analysis
Republic growth strategy fraught with risk
June 29, 2009
Chris O'MalleyBy purchasing two struggling airlines for which it flies, Republic Airways Holdings is taking aboard substantial risks that
threaten its profitable niche, analysts say. Frontier Airlines and Midwest Airlines are not only leaking money, but fly at
an altitude where major carriers routinely dogfight
in a fare war Republic hasn't had to fight as a contract carrier.
MoreStar newsroom braces for pay cuts, possible layoffs
June 29, 2009
Anthony Schoettlehe next two weeks could be critical in determining the level and quality of staffing in the newsroom of The Indianapolis
Star, the state's largest daily newspaper. The paper's union—which represents about 160 news staffers—and management
have been at an impasse since employees' union contract expired Dec. 31.
MoreBusinesses discover dangers of relying too heavily on a single client or industry
June 29, 2009
Peter SchnitzlerIn this deep recession, many local small-business owners suffer a harsh dilemma: Heavily tied to a single supplier,
customer or industry, they must diversify or die.
MoreDespite what you might think, lawyers are compartatively scarce in Indiana
June 29, 2009
Scott OlsonOnly North and South Dakota, Tennessee and Wisconsin have smaller proportions of lawyers within their working populations.
Experts point to the state's shrinking base of corporate HQs, the exodus of law school graduates, and a less litigious climate
overall.
MorePets, often overlooked in wills, are getting more attention
June 29, 2009
Rebecca BerfangerWhile most people consider their family members and funeral costs in estate planning, many overlook their babies who happen
to have four legs, a tail, feathers or even scales. A pet trust is a good solution.
MoreHalf of state's public-company CEOs saw pay rise in 2008
June 22, 2009
Peter SchnitzlerFor investors, 2008 was the worst year since the Great Depression. Even so, more than half of the state's public-company executives
saw the value of their pay packages rise from 2007—despite the fact that only 10 of the companies posted a positive total
return in 2008, and 46 companies shed more than one-third of their stock market value.
MoreLocal social networking site connects users offline
June 22, 2009
Kim PuckettGrowing by leaps and bounds, smallerindiana.com will host its first-ever "Bigger Ideas" conference for the high-tech and Internet-savvy
crowd.
MoreColts extend home sell-out streak
June 22, 2009
Anthony SchoettleDespite a ticket price increase, the terrible economy, and an uncertain season ahead, the Indianapolis Colts have sold out
of season tickets, assuring the team will extend its sell-out streak to 97 regular-season home games.
More$65M development deal would cost Capital Improvement Board
June 22, 2009
Cory SchoutenThe Capital Improvement Board could be forced to give up one of its most profitable assets so the city can pull off a $65-million
public-private downtown development deal. The city has agreed to help a developer revitalize the vacant former Bank One operations
center in part by acquiring an adjacent
parking garage for $18.5 million.
MoreJudge to determine whether Lauth's filing was proper
June 22, 2009
Cory SchoutenThe largest outside investor in embattled developer Lauth Group Inc. is asking a federal judge to dismiss the company's bankruptcy
cases.
MoreBoomtown on hold: Recession delays Honda's full impact on Greensburg
June 22, 2009
Kathleen McLaughlinJobs created by the new manufacturing plant have been offset by losses elsewhere in the community, and related development
remains scarce. But local officials remain optimistic about Honda's long-term impact.
MoreGovernment-run insurance plan draws mixed reviews from employers
June 22, 2009
J.K. WallBusinesses all want to see reform of the health care system, but they diverge on how much the U.S. government's entrance into
the insurance market would help or hurt them.
MoreIce Miller still in merger talks with Louisville law firm
June 22, 2009
Scott OlsonThe city's third-largest law firm is poised to tie the knot with Kentucky's Greenebaum Doll & McDonald. But differences in
the way the firms compensate partners are taking longer than expected to sort out.
MoreBelow-average test scores raise questions about elementary teachers, colleges
June 22, 2009
J.K. WallStudents going into and out of Indiana's teacher education programs tend to score below average on standardized test scores.
And national data indicate the gap is entirely attributable to those headed into elementary education.
MoreLaw grants teachers immunity from civil suits
June 22, 2009
Scott OlsonEducators widely support a new state law that gives teachers immunity from civil lawsuits for trying to discipline students.
But opponents of corporal punishment are giving it a frosty reception, fearing Indiana students could be subjected to more
paddling without legal recourse.
More$65M downtown development deal raises questions
June 15, 2009
Cory SchoutenA $65 million public-private plan for the redevelopment of a vacant downtown office building is raising eyebrows for its unusual
approach and potential risk to taxpayers. The plan calls for a private developer to acquire the former Bank One operations
center, surface parking lots and an adjacent
parking garage from a private owner for $18.5 million, then sell the 1,680-space garage to the city for $18.5 million.
MoreExpanded FedEx cargo hub not meeting expectations
June 15, 2009
Chris O'MalleyIndianapolis International Airport, already suffering from a 10-percent drop in passenger traffic and a projected $15 million
revenue shortfall this year, is also feeling financial drag from its single most important tenant. FedEx Express cargo shipments,
which amount to about half of the $25 million in airfield fees generated at the airport, fell
16 percent in the first three months of this year vs. the same period last year.
MoreAnderson's abundant water supply makes city well-suited for Nestle, other food processors
June 15, 2009
Kathleen McLaughlinThe city of Anderson soon will tap a new well to help accommodate demand from Nestle USA, which opened a Madison County plant
in May 2008 producing bottled, flavored Nesquik and liquid Coffee-mate, a water-based creamer. The
company already has launched an expansion slated for completion in 2011.
MoreMarketing veteran to lead Circle City Classic
June 15, 2009
Anthony SchoettleThe Circle City Classic has hired Marc Williams, an East Coast marketing consultant, as its executive director, a post vacated
in March when Tony Mason left to become senior vice president for the 2012 Super Bowl Host Committee.
MoreIU to offer degree in fund raising
June 15, 2009
Kathleen McLaughlinMost fund-raisers stumble into the profession, but within a decade the field could be populated by recent college graduates
who hold degrees in philanthropic studies.The Center on Philanthropy at Indiana University soon will roll out a bachelor's
degree that would be among the first of its kind. If all goes as planned, IUPUI would begin marketing the degree, granted
by the School of Liberal Arts, for the fall of 2010.
MoreArts backer Efroymson returns to contemporary museum he helped start
June 15, 2009
Kathleen McLaughlinJeremy Efroymson recently agreed to return to the financially flailing Indianapolis Museum of Contemporary Art as its executive
director and work for free. Efroymson, one of the museum's early leaders, has a strategy for seeing IMOCA through a financial
rough spot, but what remains unclear is how the museum will wean itself off his support.
MoreBrowning acquires 43 homes for $100 million mixed-used development in Carmel
June 15, 2009
Cory SchoutenDeveloper Brown Investments has reached terms with the owners of 43 of 49 homes in the North Meridian Heights neighborhood
in Carmel. Browning plans to demolish the homes to make way for a $100 million commercial development over 17 acres.
MorePacers coach takes to streets to combat homelessness
June 15, 2009
Anthony SchoettleEven with the NBA draft approaching, Pacers coach Jim O'Brien makes time for his duties as a board member and on-the-ground
volunteer for the Coalition for Homelessness Intervention and Prevention. A strong commitment to community service runs in
the coach's family.
MoreSome laid-off workers qualify for lucrative benefits
June 15, 2009
Kathleen McLaughlinA little-known federal program provides support for retraining to workers whose employers were hurt by foreign trade. The
Trade Adjustment Assistance Act also offers income replacement and health insurance benefits.
MoreGrads, career-changers surge into teaching
June 8, 2009
J.K. WallFolks from all sorts of professions are trying on teaching, to survive the recession or to give back to the community. Or
both.
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You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.
For those who let this information strike a nerve, remember that this is still the America that allows the freedom to achieve dreams and goals. Should you really chastise those who are given a perk on a deal that is supported by the consumer (that is until they don't like the deal anymore due to envy) or should the dream of rewards for working be looked at a little closer? I say lets stick to the deal, go to work,earn our keep, shoot for dreams, change our jobs to have that dream or shut up about others achievements ..............while we are still afforded this liberty of America !
Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.