DECEMBER 23-29, 2013
This week, find out which major supermarket chain is hoping to expand into the Indianapolis market, starting with an anchor position in The Bridges in Carmel. Also, see what former Cummins CEO Tim Solso has to say about his new job as non-executive chairman at automaker GM. And learn why the IndyCar Series is suing a Brazilian race promoter.
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Pittsburgh grocer jumping into Indy market
A major supermarket chain is hoping to expand into the Indianapolis market, starting with an anchor position in a mixed-use project under construction in Carmel.
Read MoreTherapist helps seniors, families decide when to relinquish keys
Laura Noblitt is a Zionsville-based occupational therapist with 25 years of experience in geriatric rehabilitation. She has spent half a decade riding shotgun with elderly drivers in central Indiana, determining whether it’s safe for them to stay behind the wheel.
Read MoreTim Solso took unlikely path to GM chair
Only 18 months after becoming a director, Solso is preparing to slide into a much bigger job in January—non-executive chairman of the Detroit company.
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Wind farm says Duke violated contract
The owner of a northern Indiana wind farm says Duke Energy Indiana Inc.—which had agreed to buy energy the 87-turbine operation produces—breached its contract, “proving disastrous.
Read MoreIndyCar suit seeks millions from Brazilian promoter
The IndyCar Series has filed a lawsuit against Radio e Televisao Bandeirantes Ltda., the promoter of an IndyCar race in Sao Paulo, Brazil, seeking to recover a seven-figure sanctioning fee that was due this summer.
Read MoreRebranding of bird-food retail chain ups emphasis on core product
Wild Birds Unlimited recently unveiled a new marketing program encompassing everything from revamped store design to new staff training to a rebalancing of the product line. The idea was to place less emphasis on gift items and more on the store’s core product—birdseed.
Read MoreNew book from ad agency vet offers restaurants food for thought
Veteran ad-agency man Charlie Hopper of Young & Laramore is starting to sound a little like comedian George Carlin. Did you ever notice how restaurants rely on tired ideas more than any other major advertiser? Hopper asks in his new book, “Selling Eating.”
Read MoreQ&A: Well-traveled exec returns home to run software firm
Indianapolis native Tom Willie became CEO of local software firm Blue Pillar Inc. in November after a run with several other technology companies.
Read MoreOwners of Regions Tower putting building on the market
Office brokers say the 662,000-square-foot-building, downtown’s third largest, could fetch more than $60 million, or about $100 a square foot.
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EDITORIAL: Time is right for justice center
Finally, the city is talking seriously about consolidating the jumble of courts, jails and public offices that compose its criminal justice system and plunking them in a new facility—a sprawling blockhouse with an estimated cost of $200 million to $400 million.
Read MoreMAURER: Wanted: chubby guy with white beard
Claus is known to drink too much eggnog and overwork and underpay his poor elves.
Read MoreRUSTHOVEN: The media misunderstands tax cuts
Gov. Mike Pence just “outlined an aggressive agenda to bolster education and job initiatives along with a proposal to eliminate the business personal property tax.” The words are from Indiana Fiscal Policy Institute President John Ketzenberger, longtime journalist and longtime friend.
Read MorePERRAS: A lump of coal from the state’s high court
If you’re a natural-gas customer in Indiana, the Indiana Supreme Court last week delivered a costly blow to your pocketbook.
Read MoreHicks: How to cut labor costs? Improve quality of life
Attractive regions will attract households with greater location choices. These households will inevitably be better educated and command a higher income. However, all things being equal, workers in these places will not require quite as high a wage to live in these places as they would to live in a less-desirable place.
Read MoreKIM: New financial bet involves tickets to Super Bowl
Do you think the Indianapolis Colts will play in Super Bowl XLVIII on Feb. 2? Would you love to join them, but don’t want to shell out thousands of dollars and multiples of face value on StubHub? You can purchase an option granting you the right to purchase a ticket to the Super Bowl at face value, if the Colts qualify.
Read MoreIndiana thinks too small
In “State reaches expansion deal with 7 companies,” we’re told of plans for one company to add 65 jobs by 2016 and another 62 jobs. Meanwhile both the national and Indiana unemployment rates hover around 8 percent, double what was once considered normal in the U.S.
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City Center expansion plans could cost $100M
Developer Pedcor Cos. unveiled conceptual designs for six more buildings at Carmel City Center that could cost as much as $100 million to build over the next four to five years.
Read MoreFifth Third helping to educate fifth-graders
Fifth Third’s local president, Nancy Huber, said the bank is awarding $60,000 to Junior Achievement to create a student bank.
Read MoreKightlinger & Gray opens Louisville office
The new office gives the law firm five locations. In addition to its Indianapolis headquarters and Louisville office, the firm has a presence in Evansville, Merrillville and New Albany.
Read MoreLechleiters, Bralys contribute $1M each to United Way
John Lechleiter, Angela Braly and two other local business leaders have pledged a combined $3 million to United Way of Central Indiana over the next four years. United Way is trying to raise $42.5 million by the end of the year.
Read MoreIndiana history group to auction valuable Audubon collections
The Indiana Historical Society says it plans to auction complete sets of valuable works by John James Audubon in April to raise money to benefit its mission. The sets are expected to raise millions of dollars.
Read MoreTourism makes up state’s sixth largest industry, study says
The industry maintains nearly 140,000 jobs and contributes $10 billion in revenue to Indiana businesses, according to a new report.
Read MorePROXY CORNER: Kimball International Inc.
Jasper-based Kimball International Inc. operates two business lines, electronic manufacturing services and furniture manufacturing.
Read MoreHoliday Wish List
The following is a list of Indianapolis-area not-for-profit organizations and the things each needs most.
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