AUGUST 10-16, 2009
Front PageBack to Top
Local credit unions largely avoided putting toxic assets on their own balance sheets. Even so, they’re going to have
to pay millions of dollars to clean up their industry’s books.
After so many years of trying to tap every possible cubicle-dweller for donations, United Way of Central Indiana is putting
more effort into the richest veins in the workplace—the folks in corner offices.
New Indianapolis Motor Speedway CEO Jeff Belskus has long been a behind-the-scenes figure at IMS. As the new leader of the
Brickyard and the Indy Racing League, he faces several challenging issues, including gaining the confidence of the racing
New Speedway leader Jeff Belskus speaks with IBJ about his new job and the near-term challenges and long-term future of the
operations he oversees.
Top StoriesBack to Top
Federal stimulus funds and greenhouse-gas legislation have the potential to spark a green version of the Gold Rush. Many Indiana
firms are retooling to sell products or services that are or might soon be in demand.
Eli Lilly and Co. has reorganized its venture capital division and simultaneously poured in an additional $25 million.
The new CEO of Junior Achievement of Central Indiana, Jennifer Burk, said she has ideas for reinvigorating the base of corporate
supporters and reaching more students with entrepreneurship programs.
HHGregg Inc. shares have enjoyed a spectacular runup this year. But the company’s biggest shareholder is making a
huge bet that the good times are only beginning.
In the eyes of Scott Law, Congress is heading in exactly the wrong direction on health care reform.
CEO of Zotec Partners predicts a big bump in sales for his physician-billing management company if current reform proposals
Quest Information Systems does the kind of contracting where any screw-ups—even those not necessarily of its own
doing—can bring an unflattering public spotlight. The Indianapolis custom software developer works for politicians
and bureaucrats, a group many businesses seek to avoid.
FocusBack to Top
More emerging life science companies have found life in the form of federal
Small Business Innovation Research grants.
A panel of five leaders of the state’s life sciences
industry took on a wide range of topics
July 24 at IBJ’s Power Breakfast
at the Westin Indianapolis.
OpinionBack to Top
If Denver-based Ecolonomic Realty Group decides it wants to pursue a $25 million redevelopment of the old Winona Memorial Hospital site and presents a solid proposal, the city is in no position to turn down the tax revenue it would generate.Read More
We lost a member of the family last month. Casey Elizabeth Maurer died a peaceful death at her age of 105. At the end,
her hearing and eyesight were vastly impaired and she was in constant pain. Her time had come.
Lots of people are
without health insurance, but that doesn’t necessarily mean they go without health care. Others have insurance that
doesn’t cover their needs. Either they don’t get the care or they go broke in the process.
One of the biggest challenges facing our nation is health care reform. Despite development of the most innovative and significant
advances in medical treatment, our ability as health care professionals to provide high-quality, cost-effective and continual
patient care too often falls by the wayside as a result of misalignments in our health care system.
If you never got around to opening that Swiss bank account, you might want to wait a bit longer—at least until after
Sept. 23. That is the date the IRS has set for any tax-evading American to come forward regarding 52,000 accounts held at
Swiss banking giant UBS under a Voluntary Disclosure program.
The Indiana State Fair is a great treat, but there’s a lot more to it than the food and fun. In 2008, more than 859,000 folks visited the fair. According to our estimates, spending at the fair last year led to more than $63 million in total economic activity.Read More
Your editorial last week on Susan Bayh’s memberships on health care company boards was remarkably restrained. There
are SCREAMING conflicts.
Based on the earnings Mrs. Bayh is receiving from WellPoint and Emmis alone, it would appear that it is Senator Bayh who
should put his skills to work in ways that would free his wife of potential conflict.
Local Initiatives Support Corp. wanted to take a moment to second the ideas expressed last week
in AIA Indianapolis President Sanford Garner’s Viewpoint column. Garner expressed concern that current residents
benefit from revitalization and pointed out the importance of community dialogue as part of the process.
In BriefBack to Top
The Indianapolis Colts recently signed a three-year sponsorship deal with Carmel-based James Allen Insurance Brokers to
become one of the primary sponsors at Lucas Oil Stadium.
Top executives at The Finish Line Inc. cashed in stock worth more than $10 million in recent months. They sold many of
the shares in July as the locally based athletic retailer saw its stock rise to a high for 2009 of about $9.
If one of the more liberal health care reform proposals becomes law, Hoosier taxpayers would have to spend $425 more per
person every year for the next decade, according to a study released Aug. 4 by Florida-based conservative policy group Arduin
Laffer & Moore Econometrics.
Mike Shumaker’s Brownsburg firm Driven Auto Detail spiffed up a Porsche for the upcoming movie “Whistleblower,” starring Matt
The Hamilton County Alliance economic development group has spun off its Entrepreneurship Advancement Center, which serves
fast-growing startup businesses in Carmel, Fishers, Noblesville, Westfield and the rest of Hamilton County.
Two local organizations are trying to outfit thousands of kids before Indianapolis-area schools begin classes in August.Read More