AUG. 10-16, 2018
Mayor Joe Hogsett vowed to tackle poverty when he announced his run for office, and again when he was sworn into office. His record more than halfway through his tenure includes some concrete programs as well as some missed opportunities, Hayleigh Colombo reports. Also in this week’s issue, John Russell delves into complaints from the organizers of Gen Con that the Indiana Convention Center needs technology upgrades. And Lindsey Erdody explores how heavily U.S. Senate candidate Mike Braun has been leaning on the Republican ad firm that helped put Donald Trump into the White House.
Front PageBack to Top
These are boom times for Cummins, but will they last?
A BMO Capital Markets analyst forecasts the engine manufacturer iwill see 16.9 percent revenue growth this year and 5.8 percent growth in 2019 before seeing a 2.9 percent decline in 2020.
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Mayor Joe Hogsett tries to chip away at poverty
The mayor said his administration has been “very intentional and purposeful” in trying to address the fact that more than 20 percent of Indianapolis residents—and a third of Indianapolis children—live in poverty.
Read MoreNew private equity firm targets smaller deals
Partners in Monument MicroCap Partners LLC include two former Hammond Kennedy Whitney & Co. CEOs and another former HKW partner.
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Gen Con wants tech upgrades at convention center to stay in Indy
Whether Seattle-based Gen Con and local officials can now reach an understanding on technology could spell the difference between Indianapolis’ hanging onto its most prized convention and potentially losing it to another city.
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Braun leans heavily on Trump campaign’s ad firm in U.S. Senate battle
No one has paid ad-firm Jamestown Associates more during this election cycle than Republican Mike Braun, who is challenging incumbent Sen. Joe Donnelly, a Democrat.
Read MoreQ&A: Couple wears love of Indy on their sleeves
Scotty and Shannon Hunt last year launched Indy Over Everything, which makes and sells an Indianapolis-themed line of clothing.
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Southwest Airlines trims routes from Indy to New York area, Boston
The airline cites low customer demand for the decision to eliminate nonstop flights to Newark, New Jersey, and Boston.
Read MoreLocal tech firm lands deals to run radio stations for airport, Georgia Street
Fishers-based audio marketing technology company Vibenomics Inc. on Tuesday announced it has signed deals with the Indianapolis Airport Authority and Downtown Indy Inc. to provide custom audio packages.
Read MoreEli Lilly’s animal-health business files for initial public offering
Elanco Animal Health Inc. could see a market value of as much as $20 billion, according to Bloomberg Intelligence. At that valuation, a share sale could raise as much as $5 billion.
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U.S. mall owners happy with steady, ‘boring’ results
Mall landlords, besieged for the past two years by the rise of online shopping and retailer bankrupties, are trying to push a new narrative of improving sales and increased demand for empty space at their properties.
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Is your current password strong enough?
With rise of biometrics and other technology, some think it’s time to change security protocol.
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Universities rush to meet cybersecurity job demand
Pretty much every school of note, including Indiana University, Purdue University, the University of Notre Dame, Ball State University and Ivy Tech Community College (which offers a well-regarded two-year associate’s degree certified by the National Security Agency) offers advanced education for students interested in cybersecurity.
Read MoreJohn Babione: Your company’s first step for managing data privacy
A privacy assessment generally entails a privacy professional’s assessing an organization’s data, including the risks and vulnerabilities related to the company’s collection, storage, handling and disposal of data.
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EDITORIAL: CICF’s fight against racism is quest for equal opportunity
The foundation, which controls more than $800 million in charitable assets, is serious enough about confronting racism that it recently altered its mission statement to drive the point home.
Read MoreGREG MORRIS: Time to ship out aggressive panhandlers
The city must take action to fix a problem that threatens the appeal of our downtown.
Read MoreTariq Al-Nasir: Why STEM could be the answer to childhood poverty
Now is the perfect time to turn our gaze toward the future and invest in one of the nation’s most undervalued resources, children who are born and grow up at or below poverty guidelines. For the state of Indiana, that is $25,100 for a family of four.
Read MoreJohn McKenzie: Consumers lose if banks win with attacks on credit unions
Raising taxes on credit unions would effectively be increasing taxes on the more than 2 million consumers in Indiana who belong to them.
Read MoreMichael Blickman: Yes, the customer can be wrong
Unfortunately, relying on handbook policies and management training is insufficient, particularly in today’s #MeToo environment.
Read MoreBOHANON & CUROTT: Democratic socialism would be costly to middle class
Self-proclaimed democratic socialists call for an expanded and more extensive system of government entitlements.
Read MoreHAHN: Savvy students, families pick colleges with eyes wide open
Funding a college education is an investment and, as with any investment, there should be a positive return.
Read MoreLETTER: There’s no tariff tooth fairy
Really good article on the interventionist cycle by Bohanon & Curott on Aug. 3.
Read MoreLetter: Ball State failed its alumni
The Ball State trustees’ decision keep John Schnatter’s name on the Center for Entrepreneurship
is counter to the basic, Hoosier values of the university and state that we love.
In BriefBack to Top
Joint venture acquires downtown office building, plans renovation
St. Louis-based Integris Ventures and New York-based Starlight Equity Partners paid about $3.1 million to purchase the seven-story building. It plans several more acquisitions in Indianapolis.
Read MoreWitchey leaves homeless group to join Damien Center as CEO
Alan Witchey has stepped down as executive director for the Coalition for Homelessness Intervention and Prevention of Greater Indianapolis to take over leadership of The Damien Center.
Read MoreState lawmakers consider expanding industrial hemp market
Legislators again are considering allowing farmers to grow industrial hemp, after an effort to legalize the product died in the General Assembly earlier this year.
Read MoreIndiana wind farm to receive $300M expansion
Houston-based alternative energy company EDP Renewables North America announced Thursday that it plans to build 50 new turbines that will help power Facebook’s Midwest data center.
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Piggy popcorn, bacon smores among new treats to try at the fair
Some of the Indiana State Fair’s food vendors venture each year into new or new-ish territory, whether simply for novelty or to actually try to find a new way to satisfy the hunger of Hoosiers.
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MIKE LOPRESTI: Will Urban Meyer be the next mighty coach to fall?
The sports world is full of hall-of-famers whose careers ended abruptly.
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