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Technology

St. Vincent buys land near Lafayette for hospital: Market has long intrigued Indianapolis-based network

St. Vincent Health paid Arnett Health-System $3 million to $4 million for land Arnett owned along Interstate 65 in Tippecanoe County, said Rebecca Carl, Arnett vice president for marketing and communications. The two sides closed the deal in mid-February. Lafayette-based Arnett includes a health care plan and a physician group of 150 doctors, and covers a 14-county area centered on Lafayette. Its leaders want another hospital there even though Lafayette already has two, Home Hospital and St. Elizabeth Medical Center....
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OneAmerica grows bullish on its future: New leadership hopes to sustain steady growth

OneAmerica Financial Partners Inc. kept busy with a brand change, a record year for retirement services and the arrival of several new leaders in 2004. New President and CEO Dayton Molendorp plans to keep the positive momentum flowing with 34 key projects outlined in the 2005 business plan. But analysts say the Indianapolis company will have to grow in the face of strong competition and a pressing need to keep up with technology. The company formerly known as AUL unveiled...
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RETURN ON TECHNOLOGY: Some suggestions on how to overcome spam

Some time back, I got onto the solicitation no-call list maintained by the state of Indiana. It's the second-best decision I ever made, after proposing to my wife. My evenings are ring-free, blessedly non-commercial, aside from the ads that overly optimistic marketing people hope I'll watch on TV. There should be a similar no-call list for spammers, but there isn't. Spam, as you probably know, is unwanted e-mail. Spam requires a lot of time every day to find, sort and...
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Eco suit spawns flurry of litigation: Class actions hit Honeywell in wake of thermostat fight

Industrial powerhouse Honeywell International Inc. suddenly finds itself under siege by an army of aggressive class-action attorneys-all because it decided to mess with a couple of determined entrepreneurs from Lebanon. Attorneys from around the nation in recent months have filed six class action lawsuits in state courts charging New Jersey-based Honeywell used deception to obtain the trademark for its ubiquitous round thermostat, then used its lock on the round-thermostat market to overcharge customers. T h e l eg a l...
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Head of IT firm ensures company primed for growth: She started business to offer customized training but altered her strategy as circumstances changed Strategic decisions "She almost vibrates" Female support

Kathy Carrier's dad was angry when she left a lucrative job at a Fortune 500 company to start her own firm. But four years later, when she won an Ernst & Young Entrepreneur of the Year Award, he told his daughter: "Clearly your vision for yourself was greater than the one I had for you." In less than seven years, Carrier, 46, has built her Fort Wayne-based information technology writing and training firm, Briljent LLC, into a business with annual...
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BULLS & BEARS: How managing investments works from the top down

Another variation of the asset allocation and diversification theme that is common on Wall Street is what's called a "topdown" investment strategy to manage a portfolio. Investors who practice this sort of money management are generally more concerned with the economic outlook and its effect on various "market sectors" than the business fundamentals of a particular company. The Standard & Poor's 500 index is the most commonly used measuring stick for the investment performance of many mutual funds and money...
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New-technology veterans take hands-on approach: West Lafayette's IN-vivo Ventures aids startups

Spinning out university research to form new companies is a tricky proposition. But the partners who formed West Lafayette-based IN-vivo Ventures believe they can show would-be academic entrepreneurs what's behind the curtain. "If an entrepreneur is looking for funding, that's not what IN-vivo's about," said co-founder Chad Barden. "What we are about is identifying good, strong commercial opportunities that lack a business focus, and inventors who lack the business expertise to take it to market." Every day, scientists and engineers...
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RETURN ON TECHNOLOGY: Do cell-phone calls trump talking person-to-person?

I've been watching the wireless revolution in business, and I'm fascinated by how people are fitting technology into etiquette. For example, in one recent meeting, I saw people jumping up and down like a Whacka-Mole game, scuttling from the room each time their cell phones commanded them to. The phones were muted, so nobody heard the rings, but it's not conducive to coherence in a meeting to have people running in and out like the Secret Service at a state...
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NASCAR fuels C&R growth: Maker of custom racing parts diversifies from open-wheel roots

Though he's only 45, Chris Paulsen is a grizzled veteran in racing circles. The storied mechanic has already been invited to take part in old-timer events at the Indianapolis Motor Speedway. But industry sources say Paulsen's future is as wide open and promising as that of a schoolboy with a fresh diploma. The innovations that made him a household name in open-wheel have earned a following among NASCAR's elite, and the insightful entrepreneur even talks of starting his own race...
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Special Report: MURKY MISSION: Vague directive dilutes 21st Century Fund's high-tech impact

When directors of Indiana's 21st Century Research and Technology Fund convened in May 2003, they'd already doled out $70 million in state grants over three years to fund h i g h - t e c h innovation a n d w e r e preparing to u n l e a s h another $60 million. But you wouldn't know it after reading minutes from that meeting. They show a rollicking debate broke out over the 21st Century's Fund's...
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