Indianapolis Business Journal - January 4-10, 2018

Indianapolis Business Journal - January 4-10, 2019


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In This Issue

Front Page

Church rolls out massive effort to transform battered section of city

The Rock initiative is providing affordable homes and spurring other big changes in the far-east-side neighborhood.

How Fishers created a downtown almost overnight

The Nickel Plate District has exploded with development—and the biggest project yet is on the horizon.

Lawmakers to tangle over sports wagering, Gary casinos

Hate-crimes legislation and increasing teacher pay might be the big talking points at the Indiana Statehouse this session, but it’s a safe bet that gambling will stir up a few debates, too.

Top Stories

$9.2M Riverside Park amphitheater could be a ‘game-changer’

A towering limestone monument to a long-ago Indianapolis mayor will be transformed into a performance venue at Riverside Park, thanks in part to a Lilly Endowment Inc. grant.

Local tech company lets parents track their kids’ bus

Indianapolis-based Synovia Solutions' Here Comes the Bus app has attracted 1.2 million registered users and 300,000 daily users in 3-1/2 years.

Indiana lawmaker wants to bring back hospital 'certificate of need' process

State Sen. John Ruckelshaus said too many new hospitals, especially in small wealthy clusters, might be driving up the cost of health care. He said his bill was prompted by a recent effort by St. Vincent to rezone a 30-acre site in Carmel.

Q&A: It’s all about ‘butts in seats’

After running Democrat Joe Donnelly’s unsuccessful re-election campaign for U.S. Senate, 30-year-old political strategist Peter Hanscom is enjoying a break

Tech veteran Qualls leaves Eleven Fifty Academy to launch Purpose.ly

The startup, which has been operating under the radar for several months, aims to connect companies and workers who share a common mission or purpose.

National Bank of Indianapolis CEO retiring after 25 years at helm

President, chief executive and bank co-founder Morrie Maurer plans to retire Jan. 4, to be succeeded by a longtime executive within the organization.

J.P. Morgan takes three former advisers who joined competitor to court

J.P. Morgan has won a preliminary injunction against three former employees in its Carmel office, who are accused of taking at least 20 clients with millions of dollars in assets to a competing firm.


Endowment’s cultural grants lead to great community ideas

GREG MORRIS: A good goal for 2019—don’t be a jerk

Effective managers avoid off-putting behavior and show respect for their employees' time.

SHEILA SUESS KENNEDY: Will the new year produce a new old party?

An essayist sees signs of hope that Republicans will return to their roots.

Michael LaFaive & Todd Nesbit: Hiking cigarette tax won’t help Hoosiers or state treasury

Consumers will take their spending across state lines.

Maggie Phelps: Let’s become better-quality volunteers

People who volunteer consistently over time and commit long term are far more valuable to an organization than those who engage one time or on a short-term basis.

HAHN: Health, wealth resolutions have much in common

behaviors gained to help live a healthier life can also be used to improve financial health.

BOHANON & CUROTT: State’s fiscal news offers something for everyone

The good news is that state tax revenue is on target to exceed expectations. The bad news is that mandated Medicaid expenditures are also on track to be above expectations.

Letter: More can be done to encourage cycling

We need more bike racks in secure, safe and lighted locations. Bike lockers would also be a great addition to help promote commuting in and out of downtown.

Letter: Carbon emissions bill is breath of fresh air

It is such an elegant bill that it also adds millions of jobs and improves the economy at the same time.

In Brief

Six newsroom employees at IndyStar take early retirements

Among the longtime newsroom employees who accepted buyout packages were well-known names in the local newspaper field, including editorial cartoonist Gary Varvel and writer Will Higgins.

Senate leader assigns hate crime bills to panel he controls

A top Statehouse Republican is using a parliamentary maneuver to bottle up hate crimes legislation, dealing a potential setback to those wanting Indiana off a list of just five states that have not adopted such a law.

Indiana wine retailer seeks to sell across state lines

Lebamoff Enterprises will be allowed to reopen a 2016 lawsuit against Illinois after prevailing in the 7th U.S. Circuit Court of Appeals.

Indianapolis-based trucking firm Celadon Group switches auditors

The move comes as Celadon works through a host of accounting and financial issues that were first announced in May 2017.


MIKE LOPRESTI: A look back at a decade of sports ups and downs

From Butler's Final Fours to other teams that hit bottom and seem headed back to the top.

Area attractions appeal to winter adventurers

Several temporary outdoor ice rinks return to central Indiana this winter, and communities are making changes to improve the experience for visitors.

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