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Indianapolis Business Journal - July 3-9, 2017

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In This Issue

Front Page

Revamped Market Tower set to hit sale block

The owner of Market Tower is shopping the downtown skyscraper after spending millions on upgrades to increase occupancy and make it more appealing to younger companies.

Streamlined Republic Airways revamping after bankruptcy

The airline, which emerged from bankruptcy as a privately held company on April 30, said it’s strongly positioned to tackle the ongoing pilot shortage.

Non-tech firms hike innovation strategies

A growing number of Indiana corporations are formalizing in-house innovation, an effort aimed at remaining technologically relevant in a fast-changing business landscape.


Top Stories

Christian attractions boost Carmel ad firm's portfolio

Joseph David Advertising, founded in 2003, has seen its revenue nearly double each of the last two years.

Carmel resident’s cooking school for kids keeps growing

Drewry, a 35-year-old Carmel resident, launched Sprouts Cooking School out of a spare bedroom in summer 2015. Since then, demand has ballooned.

IBJ wins national honors for vaping, Salesforce, Carrier coverage

IBJ reporters and editors won national gold and silver honors Saturday from the Alliance of Area Business Publishers for coverage in 2016.

Mansion formerly owned by fraudster Durham on market for $3.5M

The 14,480-square-foot home was once a party pad for the infamous financier. The Fishers couple who bought it in 2015 is now selling after making several improvements.

New voucher study offers something for both sides of issue

The study’s finding that students who remain in the program improve over time gives new credence to advocates who said it was unreasonable to judge a program based on only one or two years of data.

Officials taking next step in formulating White River development plan

The City of Indianapolis and Hamilton County Tourism are asking interested development teams to submit their credentials for the project.


Focus

King Ribs keeps it in the family

Sherry and David Williams, both in their 50s, work seven days a week to keep their two restaurants and a catering business running.


A&E, etc.

LOU'S VIEWS: Quasimodo is back; a golem at the Phoenix

Two strong musical productions hit area stages

DINING: New Zealand burger spot opens first stateside restaurant

Broad Ripple's new BurgerFuel piles on the unexpected toppings

LOPRESTI: A baseball championship we won’t get our mitts on

Omaha ups its game to keep College World Series from those who would steal it.


Opinion

EDITORIAL: School closings hurt neighborhoods

With the district projecting its high schools will be at only 37 percent capacity in the coming school year, it’s hard to argue IPS should keep all its schools open.

OLYMPIDIS: All will lose if fuel standards change

A proposed change to a little-known regulation could actually increase federal overreach, potentially driving up gas prices and creating regulatory chaos for small businesses like Family Express.

KENNEDY: McConnell’s travesty

The Senate Republican health care bill rations care and massively increases everyone’s premiums in order to fund $300 billion in tax breaks to the top 2 percent of income earners. It robs the poor and gives to the rich.

LaPIERRE: HIP 2.0 needs more time to show results

The current debate about health care programs will result in consequential health outcomes for real people.

KIM: Amazon’s relentless march collects more casualties

Amazon forever changed the way America shops, to the detriment of traditional brick-and-mortar retailers.

BOHANON & STYRING: Same dance: Raise debt limit, spend, repeat

Sometime in early autumn, the U.S. Treasury will run out of cash and once again beg Congress to raise the debt limit.

LETTER: Medicaid cuts will harm elderly, disabled Hoosiers

The Better Care Reconciliation Act proposes significant cuts to Medicaid by capping the federal government’s participation with states.

LETTER: Taxis, Uber need level playing field

Uber and Lyft should be subject to the same rules and regulations as taxi services.


In Brief

IPS officials name three high schools recommended for closure

Broad Ripple, Arlington and Northwest high schools are on the chopping block in a plan released Wednesday by Indianapolis Public Schools.

Greenwood officials dropping tax breaks for Monsanto project

Agribusiness giant Monsanto Co. is considering whether to go ahead with a planned seed-processing and distribution facility after Greenwood's mayor dropped his support for providing property tax breaks toward the project.

Fraternity plans to move national headquarters to Indiana

The national headquarters of a men's fraternity plans to move from Missouri to Indiana, officials confirmed Tuesday.

IUPUI leaving Summit to compete in Horizon League

The Jaguars have participated in the Summit League ever since they made the jump in 1998 from the NCAA Division II level to Division I.

Going fishing? Longtime owner of Indy boat dealership to retire, close business

The 40-year-old seller of recreational watercraft is staging a "going out of business sale" as its owner prepares for an active retirement.


Records

Records for July 3-9

Records for the week of July 3-9.

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