Indianapolis Business Journal - December 21-27

Indianapolis Business Journal - December 21-27 - 2018


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In This Issue

Front Page

After run of deficits, Indy Reads retools approach to teaching, finds new funding

Indy Reads launched a redesigned literacy program in fall 2017, and the board recently approved a new mission statement and strategic vision.

Noblesville hasn't advanced Nickel Plate trail, as mayoral candidates question plan

As Fishers charges ahead with converting the Nickel Plate Railroad into a pedestrian pathway, the trail through Noblesville doesn’t seem to be gaining that same traction.

New rule will make hospitals list prices, but what patients pay could differ greatly

Starting Jan. 1, every U.S. hospital will be required to post standard charges online for every item and service they provide, from bandages and drugs to operating rooms and organ transplants.

Top Stories

Lawrence plans Fort Harrison cultural district as a way to draw visitors

With a $5.85 million Lilly Endowment Inc. grant, the city of Lawrence and Arts for Lawrence are poised to launch a major project focused on the arts and the area’s military history.

How two Hollywood actors bought the farm and built careers in the Midwest

Two of Indy’s leading actors gave up lucrative careers in movies, TV and commercials to make a new life for themselves in central Indiana.

Investors thrashing bank stocks, despite solid earnings

Investors have turned pessimistic about everything from the inevitability of a U.S. recession to growing international trade disruptions and higher loan defaults.

Seafood restaurant planned for hotel across from Bankers Life Fieldhouse

The new locally developed seafood eatery is one of four retail tenants that have agreed to lease space in the dual-branded Hyatt Hotel development across from Bankers Life Fieldhouse. The restaurant plans a second location at the Yard at Fishers District.

Q&A with Dan Gosling, creator of the lip balm ChopSaver

Gosling has sold about 700,000 sticks since creating the product in his kitchen in 2004.

Pacers sign multimillion-dollar jersey sponsorship deal with Motorola

Christmas came early for the Pacers in the form of a sponsorship deal a source said likely will pay the NBA franchise up to $10 million over two years.


Editorial: Our 2019 agenda includes Circle Centre, commuter tax and more

While we are glad to see the current efforts to spruce up the 23-year-old mall, it will continue to decline without a new master plan that shifts much of the space to alternative uses, such as office and residential.

MICKEY MAURER: Identify these Hoosiers and crack the code

An end-of-year puzzle to keep you sharp as the calendar turns to 2019.

Ann Murtlow & Michael Huber: Pass a bias-crimes law with no exceptions

If we go to the Statehouse ready to exclude some of our fellow citizens— trading equality for expediency—any victory would be a hollow one that surrenders any claim to real leadership.

Andy Crask: Smart city technology is answer to city’s population boom

Increasing the rate at which we adopt “smart city” technology that enhances connectivity, improves quality of life, and better supports urban population growth is paramount for urban planners in Indianapolis.

URBAN DESIGN: Placemaking and retail go hand in hand

Far from dead, bricks-and-mortar stores have the power to boost city in quest for workforce talent.

Bob Wilson: Why gender balance isn’t working (and what to do about it)

Things need to change. Women need to be where decisions are made. Why? They think differently than men.

INVESTING: Buffett believes market volatility a gift to savvy investors

Focus on what you can control and try not to fret about what you can’t. Extreme short-term volatility can be a gift to long-term investors, if you let it.

BOHANON & CUROTT: For not-for-profits, fundraisers are more than money makers

Are church bazaars, veteran-organization chili suppers or light displays at art institutes fair game? Or do they corrupt the mission of the organization?

Letter: Pacers should pay for fieldhouse fix-up

When the Pacers can pay their players an average salary approaching 10 figures (that’s $10 million yearly, folks!), I think they should be able to fund any improvements to the facility where they play their home games.

In Brief

Genesco sells Zionsville-based Lids for just $100M to owner of retailer Fanzz

Lids is the second-largest of Nashville, Tennessee-based Genesco’s holdings, bringing in about a quarter of the company’s total revenue, but the retailer has been struggling.

Orange County economic-development veteran to become state tourism director

Misty Weisensteiner succeeds Mark Newman, who had been in the post six years when he stepped down in August to become executive director of Indiana Public Broadcasting Stations.

Pacers promote longtime Fever exec Krauskopf, giving NBA its first female assistant GM

Kelly Krauskopf, a significant player in Pacers Sports & Entertainment for 19 years, will relinquish her duties as head of the group's esports initiative to join the front office full time.

IndyGo to build $4 million training facility on north side

The city's transit system plans a 3,500-square-foot building where it will educate new hires and fill-in drivers ahead of the introduction of the new Red Line route.

Indy-based infotech firm LightBound acquired by Dallas company

DataBank officials said they would maintain LightBound’s facilities on downtown's southwest side and continue to invest in the Indianapolis market.


Dana Black: Let’s do more to make teaching an appealing career

Why do we have to be in crisis mode before we do what we know is right?

Claire Fiddian-Green: Teacher salary increases require creative solutions

The most important factor in student academic achievement is quality teaching in the classroom.

John McDonald: GM shifted gears; you should shift your mindset

I’m optimistic the jobs aren’t gone for good, just shifting.

Beverly Gard: Cooperatives provide quality service in many industries

As models of providing health care continue to change and evolve, home health care cooperatives are growing rapidly.

Karen Celestino-Horseman: Be the voice for our animal companions

We can and must do better. As government cannot or will not, we all need to step-up.

Una Osili: Expand private, public support for higher education

Widening educational opportunities can dramatically increase the number of residents with postsecondary training and build a future talent base.

Deborah Hearn Smith: We must do better by our children in 2019

A focus at both the local and state level should be to encourage business development that will provide full time jobs with a living wage.

Adrienne Slash: Watch for a new generation of candidates

The city of Indianapolis will be better for the infusion of talent it is poised to see in the upcoming political season.

Jennifer Ping: Ivy Tech, state programs can help skill-up workers

This can be a game changer for employers facing hiring challenges to help skill-up their workforce.

Baron Hill: Donnelly served all Hoosiers with empathy, character

I know Joe Donnelly. Joe Donnelly is a friend of mine. That wasn't the Joe Donnelly I know on those negative television ads.

Ed DeLaney: Lawmakers should require minimum teacher pay

We have dozens of school districts that pay starting teachers less than $35,00 a year.

Brandt Hershman: Teacher-pay debate raises many questions

The bottom line is that if we wish to attract top level talent to teaching, we have to pay reasonable salaries. But reasonable is going to be the subject of a lively debate.

Leah McGrath: The difference a few with a passion can make

The impact of the committee’s efforts is felt year round.

Anne Hathaway: Feeling joyful for the lives of President and Mrs. Bush

Thank you for giving me a start and inspiring so many of us to pursue our dreams.

Brad Rateike: Bush taught us to live with grace, humility

We were able to be ‘for’ something without feeling like we had to be ‘against’ something or someone.


MIKE LOPRESTI: A December full of gifts for local sports fans

Colts, Pacers, Hoosiers, Boilermakers and Irish all find something under the tree this year.

Bored with breakfast (and lunch)? Just add booze.

Any eatery with some variation of “egg” in its name should excel at the popular hybrid meal. But what about places better known for adult beverages than breakfast?

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