JANUARY 18-24, 2010
This week, read about why Lauth Group Inc.'s largest creditor has asked a bankruptcy court judge to appoint a trustee in the case and find out what Jay Leno's primetime troubles mean for local NBC affiliates like WTHR-TV Channel 13. In A&E, etc., meet a former costume designer who has moved on to sleepwear. And take a video tour of United Hospital Services' massive laundry facility as the cooperative considers a statewide expansion.
Front PageBack to Top
Shiel Sexton plans $50M project near Methodist Hospital
The local construction company is drawing up plans for a mixed-use project with offices, a parking garage and retail space
on several parcels it owns near Capitol Avenue and 16th Street.
State links university funding to lifting graduation rates
Indiana Commission for Higher Education late last month slashed college budgets based on key performance
Uncertainty over 2012 Super Bowl puts hotels in a bind
At issue is a dispute pitting NFL players against owners, and owners against one another over how league
revenue should be divided. If it isn’t resolved, the 2011 season could be shortened, delayed or canceled.
Top StoriesBack to Top
Lender alleges Lauth insiders backdated loan documents
The largest creditor for Lauth Group Inc. has asked a bankruptcy judge to appoint a trustee after evidence in a related case
suggested Lauth insiders may have backdated documents to thwart creditors.
Bird strikes frequent at Indianapolis airport
Bird strikes remain a threat—statistically more so than a Nigerian terrorist with a bomb in his BVDs—at Indianapolis International Airport. There were 37 bird strikes reported at the airport in 2009, five involving damage or temporary grounding of an aircraft.Read More
Hotels spark expansion of downtown skywalk system
Two walkways that will connect to the new Marriott Place hotel will extend downtown’s network of skywalk and underground pedestrian
paths to a total of 12 hotels with more than 4,700 rooms–the most of any downtown in the United States.
Auto, battery jobs hinge on landing federal energy loans
Indiana’s future as a hub for making electric and hybrid vehicles hinges on a single government loan program.Read More
NBC’s Jay Leno failure puts pinch on WTHR
With its 11 p.m. news ratings declining and its network partner, NBC, struggling to plug the 10 p.m. programming slot crucial
to those ratings, WTHR-TV Channel 13 finds itself at a precarious crossroads.
Legislation to protect car dealers re-emerges at Statehouse
Dozens of Chrysler and General Motors dealers in Indiana were terminated last year. Now, a dealer trade group wants to
block automakers from preying on termination fears to wrest concessions from surviving dealers.
FocusBack to Top
Area hospital construction taking break after expensive binge
Observers expect a lull with inpatient facilities for five years or more, but continued proliferation of outpatient
clinics and surgery centers.
United Hospital Services laundry co-op considers statewide expansion
The massive far-east-side facility
already launders linen
for 30 hospitals and 400 clinics in Indiana, handling more than 36 million pounds of soiled linen each year.
OpinionBack to Top
EDITORIAL: Booze bill is a small step for Sunday sales
More than once, we have used this space to rail against legislation that would further restrict alcohol sales in Indiana. So we are happy to be patting lawmakers on
the back for advancing a measure that would begin to ease the onerous limitations on when Hoosiers can buy booze.
MARCUS: Opportunity to Think in Elkhart County
Maybe Elkhart County needs to ask itself if there is long-term economic value
in being the RV or even the electric-vehicle capital of the nation.
FEIGENBAUM: Bills flying through Legislature at Castroneves’ pace
At a torrid pace, major pieces of legislation are flying
through the Indiana General Assembly, leaving lawmakers with an envious decision: Adjourn early and make Hoosier voters happy,
or stick around and devote attention to other major issues that deserve close scrutiny, but receive short shrift in sessions
bogged down by battles over high-profile partisan matters.
ALTOM: See the light, and get on the fluorescent bandwagon
It’s hard to imagine an invention more commonly used than the light bulb. It’s a shame that by 2014 we probably
won’t be able to buy them anymore, at least not as readily as we do now.
HAUKE: Indicators point toward bearish bond market
There is a real possibility that the highs for the bond market have been reached, and we are in the early stages of what may turn into a powerful, sustainable and long-term bear market for government bonds.Read More
HICKS: Urban-to-rural state tax flow makes sense
With only a few exceptions, tax dollars flow from urban counties to rural counties.Read More
DOUGLAS: Regulate the raters, but not too much
In Washington, the Senate Banking Committee is considering far-reaching legislation regulating the financial services
industry in the wake of the recent and ongoing crisis. This legislation will dramatically change the relationship between
the federal government and some of our financial institutions.
Good government shows our humanity
After reading [Morton Marcus’ Jan. 4 column] on the economics of government, I would like to nominate you for the
Nobel Prize for Economics and Government 101.
Insurance should not pay for all doctor visits
It is not the government’s (taxpayers’) responsibility to provide for an individual’s health care. The
“general welfare” clause in the Constitution is just that—general.
In BriefBack to Top
Clarian to resume construction at Riley Hospital for Children
It’s the latest exhalation by a local hospital after massive
investment losses and a scary economy forced them to tighten their belts a year ago.
Kiwanis vies for big prize in Facebook contest
The organization with the most votes from Facebook users will receive $1 million.Read More
Nature Conservancy buys 282 acres from Girl Scouts
The land in Brown County will be turned over to the Indiana Division of Forestry.Read More
Shoppers World taking former Target space on U.S. 31 South
The New York-based department store has one other location in Indianapolis, in Lafayette Square Mall. That store opened in
Indianapolis Motor Speedway negotiating deal with Levy Restaurants
The Chicago-based firm might take over food service at the Speedway as IMS continues to look for opportunities to outsource.Read More
Indy Racing League vice president resigns
Tony Cotman, 42, has vacated his post as Indy Racing League vice president of competition.Read More
With utilities under pressure, shareholders unite
The Indiana Utility Shareholders Association aims to be the “collective voice” of investors
in four of the big utilities operating in Indiana.
NFP of NOTE: Southeast Community Services
Southeast Community Services works together to serve, strengthen and support our neighbors in southeast Indianapolis.Read More