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Indianapolis Business Journal - July 3-9, 2018

Indianapolis Business Journal - July 3-9, 2018

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In This Issue

Front Page

Priorities evolve as ‘Good Bones’ stars begin filming fourth season

Mother-daughter duo Karen Laine and Mina Starsiak plan to tap new neighborhoods, open a retail shop and further expand into vacation rental properties.

Noblesville to open up 125 acres for development

The city is planning extensive infrastructure work for Olio from 141st to 146th streets that officials hope will make vacant land in the area more marketable.

Firm crusades for insurers to cover alternative therapies

Carmel-based American Specialty Health specializes in connecting patients with chiropractors, acupuncturists, physical therapists and others who treat pain without using pharmaceutical drugs.


Top Stories

Planning for IndyGo’s Purple Line revs up

The 14.6-mile bus rapid transit line will run from Lawrence to downtown, with most of the route following the current Route 39 along 38th Street.

Greenwood-based One Click finds success selling readers, prescription glasses online

Most of the company’s current business focus—and the majority of its revenue—comes from readers.

Q&A: The power of perseverance

Ebony Dycus, owner of women’s boutique Perfect Pick by Ebony Nicole, has a lot of experience in overcoming challenges.

IU aims to find cures for three forms of cancer, help prevent or slow other diseases

The university said it has hired 33 research faculty to help under the "Grand Challenges" program in precision health, an initiative it rolled out two years ago.

Holcomb calls for hate crimes bill after synagogue vandalism

Gov. Eric Holcomb, a Republican, said he'll meet with lawmakers, legal experts, corporate leaders and "citizens of all stripes who are seeking to find consensus on this issue."

Not-for-profit kicking off effort to build 150 units of affordable housing in Twin Aire area

SEND's investment is possible due to the group's sale of the Wheeler Arts Community building in Fountain Square.

Even as IPS plans big cuts, construction of new buildings still possible

Superintendent Lewis Ferebee, who has made reducing the real estate owned by the district a cornerstone of his administration, mentioned the possibility of constructing new buildings during a media briefing this week.


Focus

Federal Reserve’s campaign to raise interest rates will help some banks but not all

Experts say variables include what type of loans a bank has on its books, local competition and marketplace demand.

Dismiss cryptocurrencies as fad at your own risk

Lake City coming downtown; other banks also add branches

Lake City, part of Warsaw-based Lakeland Financial Corp., will open an office this fall at 101 W. Ohio St.

Old National’s Bob Jones to lead banking council

The chairman and CEO of Evansville-based Old National Bancorp, has been named chairman of the American Bankers Association’s American Bankers Council for the 2018-2019 membership year.


Opinion

EDITORIAL: Indiana legislative action on bias-crime bill long overdue

Crimes motivated by biases based on race, gender, religion and sexual orientation have broader ramifications on society than similar crimes carried out for other reasons.

MICKEY MAURER: Fame is fleeting—and justifiably so—for some

Notoriety shouldn't be confused with quality when it comes to those we hear about most often.

Sheila Kennedy: Why is it so hard to ‘Rethink’ downtown’s interstates?

You can almost hear INDOT personnel muttering, “Those damn city agitators aren’t going to tell us how to move traffic.”

JJ Thompson: How the Israelis hacked startup ecosystems

Despite having a land mass smaller than New Jersey, Israel leads the international community in startups and venture capital per capita.

Maggie Phelps: Reading between the lines of feedback

The reality of the feedback we receive is that it’s often incomplete and is almost always filtered. Rarely do we have someone in our lives who will tell it to us straight.

KIM: Will unfriended Facebook ‘de-FAANG’ the stock market?

the FAANGs have become “one-decision stocks”—stocks you should buy, no matter how expensive, and hold forever.

BOHANON & CUROTT: Aid to farmers reflects interventionist cycle

The government meddles in the free market, with tariffs, and this leads to a problem. This generates another government intervention, the bailout, to clean up the mess generated by the first meddling.

LETTER: Road construction sinks Carmel restaurant

After six years of lower sales and permanently losing an exit from the highway, I will have to call it quits.


In Brief

UPDATE: Debate dates set for Indiana's U.S. Senate race; tickets quickly claimed

Democratic incumbent Joe Donnelly, Republican Mike Braun and Libertarian Lucy Brenton agreed to two debates, which both will be held within a month of the Nov. 6 general election.

Utility estimates $177M to replace lead water lines around state

Indiana American Water, which serves about 1.3 million people, estimates it will replace all lead service lines by no later than 2042 and possibly as soon as 2028.

Emmis preparing to put 70 acres along I-65 up for sale

Emmis Communications is seeking rezoning for 70 acres of land it owns in booming Whitestown to make it more marketable.


Explore

MIKE LOPRESTI: These 10 Hoosiers made a mark on baseball

They're not all in Cooperstown, but these players influenced the game in unique ways.

Independent bookstores create worlds where print is alive and well

Here’s a rundown of some of the independents still pushing paperbacks, offering honest staff recommendations and otherwise keeping local lit alive.

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