DECEMBER 13-19, 2010
This week, read about what NFL owners are doing to prepare for a possible player lockout and see what the controversial body scanners at Indianapolis International Airport are turning up. In Focus, find out what's behind an aggressive growth plan for locally based Summit Realty. And check out Forefront, our new twice-a-month section featuring lively debate on politics and policy.
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Former Allison executive alleges bribery
Stephen Lowe, a former Allison Transmission managing director based in Shanghai, claims the company booted him from a top post in China because he raised concerns about bribery.
Read MoreOnline ‘daily deals’ coupons transform local advertising
A big-dollar offer from Google for Groupon—the undisputed king of a U.S. daily deal industry already worth $2.5 billion a year—has emboldened an armada of coupon competitors looking to grab a piece of the fast-growing market.
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NFL owners start planning for possible lockout
The Indianapolis Colts—and the team’s National Football League brethren—this month laid out plans for how teams would refund money to season-ticket buyers in the event owners lock out players and games are canceled next season.
Read MoreControversial airport scanners identify more crooks than terrorists
The federal government’s latest, more-intrusive airport screening measures appear more useful in finding drugs and wads of cash than tools of terror, a review of Indianapolis Airport Police records suggests.
Read MoreOffice-supply cooperative Stationers lands big contract
A local company whose mission is to help mom-and-pop office-products dealers survive has a new weapon in the fight against big-box retailers.
Read MoreSale of 118-year-old bank symptom of tough times
A sale is suddenly more appealing to Monroe Bancorp and other financial institutions that used to be fiercely independent.
Read MoreDistribution deal to stoke sales at pain-pump maker Symbios
The Indianapolis company expects the pact will boost revenue from $1 million now to more than $10 million in 2013.
Read MoreLanguage Training Center finds lucrative niche in sports
Women’s golf tour, other sports properties turn to local firm for language, cultural skills
Read MoreOne Click buys, rejuvenates retail websites using online marketing savvy
Greenwood company buys sites on the cheap and turns them into profit centers.
Read MoreFocusBack to Top
Summit Realty plans to grow into new headquarters
Summit Realty Group is building out a new headquarters in a historic downtown building as its principals embark on an aggressive growth plan for the privately held company.
Read MoreAccounting change could have huge impact on real estate leasing
Proposal requires companies to book leases as assets, and stands to shift the momentum to purchases.
Read MoreOpinionBack to Top
EDITORIAL: Airport victory just a warm-up
Not all success stories are flashy. Witness the quiet resurrection of the former United Airlines maintenance facility at Indianapolis International Airport.
Read MoreMAURER: A final lesson for entrepreneurs
To create a disciplined investment philosophy, I evolved from my experience “The Ten Essential Principles of Entrepreneurship You Didn’t Learn in School.” Over the course of 10 columns, I have featured each of these essential principles. This is the final installment.
Read MoreMARCUS: Elves to vote on unionization at the North Pole
Hard times make for hard work. The elves feel that Santa has not given them sufficient credit for the work they have done these past few years, when goodness and kindness were hard to find.
Read MoreFAENZI: Look for simple solution to complex immigration problem
Today’s sorry state of affairs around immigration seems to have no resolution. Cries of “it’s not fair” to any proposed idea come from all sides.
Read MoreHICKS: Tax-cut proposal probably a good compromise
The Bush tax cuts in particular are politically charged. Many people want to see the rich taxed at higher rates, with little regard for the impact on the economy.
Read MoreSKARBECK: Brokerage soft costs under tighter scrutiny
Many investment firms, hedge funds and mutual funds participate in this less-than-desirable industry practice.
Read MoreIn BriefBack to Top
IMOCA settles in at Murphy Arts, calls off move
The Indianapolis Museum of Contemporary Art, which faltered in the summer of 2009, is on stable footing at its year-old location in Fountain Square—so much so that it won’t move closer to downtown, as it had planned.
Read MoreZionsville galleries team up, commit to expand hours
The joint marketing effort is, in part, an effort to counter Carmel’s Art & Design District.
Read MoreState adds record number of life sciences jobs
Twenty companies committed this year to add more than 4,000 jobs.
Read MoreRefinancing boosts Bioanalytical Systems
Shares of the West Lafayette-based pharmaceutical-services firm soared after it wriggled out from under a $1.3 million loan that was due in February.
Read More$7.5M Fletcher Arts project gets back on track
Developer and architect Craig Von Deylen is finalizing plans for a mixed-use project just west of the intersection of Virginia Avenue and East McCarty Street.
Read MoreIndiana University football on a financial winning streak
Program is contributing more to the school’s athletics department in spite of poor record on the field.
Read MoreAirport Authority to auction castoffs
Forget a ribbon-wrapped Lexus for the holidays when you can land a deal on an aircraft tow tractor or an aerial boom lift.
Read MorePROXY CORNER: Interactive Intelligence Inc.
Interactive Intelligence Inc. develops communications and interactions-management software. For the nine months ended Sept. 30, 2010, the company reported net income of $7.8 million, or 42 cents a share, on revenue of $115.7 million.
Read More2010 Holiday Wish List
The following is a list of Indianapolis-area not-for-profit organizations and the things each needs most.
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