FEBRUARY 13-19, 2017
IBJ is celebrating the 25th anniversary of its Forty Under 40 feature with a class culled from our most nominees ever. You can see the whole package, including video extras and special insights into the most impactful books and mentors, by clicking here. Also in this week’s issue, Susan Orr explains how federal inaction on a $75 million grant is complicating a City-County Council decision about a tax increase for public transit. And Greg Andrews explains how HHGregg CEO Robert Riesbeck is handling challenges at the struggling retailer.
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Grant in limbo adds doubt to key transit vote
Federal inaction on a $75 million grant IndyGo is counting on to help fund a planned rapid-transit bus line is complicating a City-County Council decision about a transit tax increase.
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Widely supported work-sharing bill dumped—again
The Indiana Chamber of Commerce, organized labor groups and a bipartisan group of lawmakers have for years pushed the Legislature to implement a work-sharing program.
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Noblesville’s Corporate Campus fills in with homes, restaurants, retail and more
Noblesville laid the groundwork for the campus in 2002. When East 146th Street opened in 2007, city leaders believed it would take 20 years for the area to build out. But it’s happening much faster.
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Undaunted, HHGregg CEO sees clear path to turnaround
Robert Riesbeck, appointed to the top job last year, says growth opportunities in appliances and furniture are sufficient to offset declines in the company's battered consumer electronics product line.
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Delta Faucet springs back, expands HQ, plans to hire
From 2007 to 2010, the Carmel-based manufacturer laid off about 1,000 employees. But its commitment to stay invested in R&D has paid off.
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IHPC administrator more than ‘hired help’
For 30 of the commission’s 50 years of existence, David Baker has been a powerful but low-profile force in saving some of the city’s oldest structures from demolition.
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Jonathan Byrd’s pulls back from big role in Grand Park
The multi-faceted food-service company confirmed Monday that it has ended almost all of its involvement with the 400-acre sports campus in Westfield.
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Carmel plans $23 million expansion of Monon near City Center
The project will transform what is now a 12-foot-wide path into a 140-foot-wide area from City Center Drive northward to 1st Street Southwest—a stretch of roughly a half-mile.
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CEO PERSPECTIVE: Defining tech’s many facets
As technology permeates companies and industries, there is increasing talk that every company is becoming a tech company. So how are we to make sense of these blurring lines between businesses?
Read MoreSAYSANA & FULLER: Hospitals collaborate on safety issues
The Indianapolis Coalition for Patient Safety provides a forum for area hospitals to share information about best practices and work together to solve patient safety issues.
Read MoreWATSON & McGUIRE: New transit system would help students
Having good, reliable transportation is paramount to ensuring that our students can take full advantage of their academic opportunities.
Read MoreFEIGENBAUM: Lawmakers should look past status quo to future needs
We seem to be approaching another series of game-changers, and lawmakers seem largely devoid of institutional memory about how related changes evolved—or failed to do so, to our detriment.
Read MoreKIM: Despise Patriots, but follow their play-to-win approach
Playing to win involves an intensification of effort and continual risk taking. The equivalent for playing not to lose is conservatism and trying to avoid costly mistakes.
Read MoreBOHANON & STYRING: Airbnb critics unwisely toy with property rights
Clear and enforceable property rights are at the core of any prosperous and free economy.
Read MoreLETTER: Use DNA to solve crimes
Do you need a 100 percent guarantee that it will solve every crime before you’re willing to consider keeping DNA from suspects who aren’t convicted?
Read MoreLETTER: IEDC has training program
Rather than creating a new incentive program, a much more potent, effective and readily available solution already exists: Simply increase funding to Indiana’s Skills Enhancement Fund.
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Anthem vows to appeal ruling blocking $48B Cigna purchase
While Anthem said it was “significantly disappointed” by the judge’s order and would seek an expedited appeal, Cigna said only that it “intends to carefully review the opinion and evaluate its options in accordance with the merger agreement.”
Read MoreJury still out on Marion County courts going to proposed jail location
Judges have an aggressive timeline for making the decision whether to move courts to the Twin Aire neighborhood with the city’s proposed criminal justice complex.
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Restaurateur Brown to close Mass Ave Pizzology, open new eatery
Neal Brown, who’s already busy taking over the Recess space south of Broad Ripple for a new eatery, also is cooking up something new in the current location of Pizzology on Mass Ave.
Read MoreNew owner of local Sylvan centers moving all three
Following his recent purchases, Ken Kolbow plans to move the tutoring facilities to locations where he thinks he can attract more students.
Read MoreTwo new stores coming to Fashion Mall, two others expanding
The arrivals and expansions follow a busy year for the upscale north-side mall, which saw plenty of activity in 2016.
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