FEBRUARY 6-12, 2012
This week, read about bricks-and-mortar mainstay Stout's step into cyberspace and find out why a former ATA Airlines employee is trying to raise $5 million. In Forefront, Indiana's Senate candidates discuss how to fix Congressional gridlock. And see who made our Forty Under 40 list of upwardly mobile young professionals.
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Big-promising donor to area charities coming up empty
A Johnson County man whose home is listed for sheriff’s sale and who has filed for bankruptcy protection twice and been convicted of check fraud managed to convince several Indianapolis cultural institutions that he was good for multimillion-dollar gifts.
Read MoreLanding another Super Bowl might not be such a long shot after all
Talk of bringing another Super Bowl to Indianapolis began soon after week-long festivities kicked off for the 2012 game, but city leaders will have to find a way to generate more revenue for the NFL and its 32 team owners for Indianapolis to muscle its way into a regular Super Bowl rotation.
Read MoreSuper Bowl payoff substantial, but may fall short of hype
There’s no doubt the Super Bowl crowds showered Indianapolis with cash all week. The question is, how much of it will stick after the big game is over? And how much will it mean to Indianapolis’ economy?
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Travel club startup patterned after Ambassadair trying to raise $5 million
A former employee of Ambassadair travel club is trying to raise $5.3 million to finance the first six months of a business created in its image.
Read MoreStout’s Shoes expects website to become its largest ‘store’
After years of failed attempts to create a viable Web presence, Stout’s Shoes has finally plunged into cyberspace using the route experts say many small companies follow: giving the job to a young, tech-savvy family member with an aptitude for social media.
Read MoreTechies aim to make money from memories
Two DePauw University graduates are launching a website they hope will preserve the world’s memories, through a virtual bank of shared experiences.
Read MoreSale of storied bank reflects industry’s difficult times
John Keach Jr., the third generation of his family to lead Indiana Bank & Trust, looked into the future and wondered how—given the lackluster economy and increasing costs for everything from employee benefits to regulatory compliance—it would generate robust earnings growth.
Read MoreMini Thin maker agrees to $1M bankruptcy settlement
Carmel resident Richard Deer, who built a business around Mini Thin dietary supplements, has agreed to pay $1 million in his company’s bankruptcy case.
Read MoreDeveloperTown sees sale of first company it helped fund, coach
Daily Lunch Deal sold last month after just a year in business, marking a milestone for its venture-firm mentor.
Read MoreOpinionBack to Top
EDITORIAL: State keeps locals on tight leash
It’s a predicament dripping with hypocrisy. This is a state, after all, where politicians routinely complain about the power of the federal government.
Read MoreMAURER: Religion does not make the candidate
Kennedy believed in an America where the separation of church and state was absolute.
Read MoreRUSTHOVEN: Yank the shepherd’s crook on Gingrich
Newt Gingrich is a horrid conservative standard-bearer.
Read MoreMcNAMAR: I love Indy, but not the public transit system
I would like to commute by bus—I can’t. I work in Carmel, but IndyGo does not go beyond 96th Street.
Read MoreFEIGENBAUM: Right-to-work resolution opens floodgates for other bills
House Democrats and Republicans, who had been bickering like Patriots and Giants fans, suddenly seemed to drop all political pretenses, and returned to conducting the people’s business.
Read MoreHICKS: Field research sheds light on Super Bowl impact
My two sons and I headed to Indianapolis’ Super Bowl Village recently for some field research.
Read MoreKIM: Markets start strong in ’12, but be ready to ‘tie a knot’
Franklin D. Roosevelt famously said, “When you get to the end of your rope, tie a knot and hang on.” Investors who heeded that advice during the scary decline last August and September have been rewarded.
Read MoreHealth care reform spawns complexities
John Stossel [Jan. 9 Forefront] did a nice job capturing much of the concern and uncertainty of Obamacare by employers.
Read MoreRisk for Manning
If the medical reports are correct as printed, and I assume they are, it would be hazardous [for Peyton Manning] to perform as quarterback.
Read MoreIn BriefBack to Top
Excess land at Fishers airport will be turned over to farming
The town’s leaders had envisioned the Indianapolis Airport Authority property being developed to add to the tax base.
Read MoreCity Gallery named finalist for national ‘placemaking’ grant
The Harrison Center’s gallery for promoting urban neighborhoods was chosen from among 2,000 applicants.
Read MoreGallagher sees more broker mergers coming
The Carmel office of Arthur J. Gallagher & Co. just made its sixth acquisition in five years, and it expects looming changes to tax and health laws to produce even more chances to snap up benefits brokers this year.
Read MoreSpeedway oil re-refinery begins production
Illinois-based Heritage-Crystal Clean says its refinery here is the second largest in the U.S.
Read MoreSenate passes comprehensive charity gambling bill
Not-for-profits with multiple affiliates in the state would need only one gambling license to run fundraisers.
Read MorePROXY CORNER: Hillenbrand Inc.
Hillenbrand Inc. operates Batesville, which sells burial caskets and other death-care products. Hillenbrand also operates a Process Equipment Group, which makes material-handling equipment and systems.
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