JANUARY 25-31, 2010
This week, read about how universities are responding to escalating coaches salaries. We also have a report on a new logistics company backed by a high-profile lineup of investors, including Brightpoint Inc. and Stephen Hilbert. A&E, etc. weighs in with another pizza restaurant review, and critic Lou Harry laments the rules violations he witnessed at the Harlem Globetrotters game.
Front PageBack to Top
Minority-owned logistics firm lands high-profile investors
Wireless phone distributor Brightpoint Inc. is among the backers of a new logistics company that says it might employ 250 by 2012.Read More
Rising pay for coaches puts pressure on athletic departments
A group of academics recently grilled the NCAA about what it plans to do to secure the future of more than three-fourths of
its largest members, whose athletic departments are hemorrhaging cash at a surprising rate.
ISTA scandal could limit union’s influence, sway election
A securities-fraud case Secretary of State Todd Rokita brought against the union last month could make matters worse for the
already hobbled ISTA, blunting its ability to help elect Democrats in November.
Top StoriesBack to Top
Indianapolis hospitals extending reach statewide
St. Vincent Health’s agreement to lease the county hospital in Salem for five years is the latest in a string of deals
by Indianapolis hospital systems seeking a statewide presence.
Rising credit card fees eroding retailers’ profits
Businesses say the money they must pay to provide customers the convenience to use plastic adds up. For example, Ricker Oil
Co. paid a whopping $3.9 million in 2009, according President Jay Ricker.
Farmland once targeted for housing still being plowed
Farmers who might have worried about losing their livelihood
to new homes or retail have gotten a little breather.
One exec pays off risky loan, another pays a big price
Emmis’ Jeff Smulyan paid off a loan collateralized by nearly all his Emmis stock. Retired Duke Realty Chairman John Wynne is facing new fallout from his margin loan, with the lender on his Williams Creek home pursuing foreclosure.Read More
Salvation Army draws scrutiny for supplying homes to officers
In Indiana, the Salvation Army owns 34 residences, including 10 in Indianapolis with a combined value of $1.6 million.Read More
Affordable-housing group goes on apartment-buying binge
Partners in Housing Development seized on a weak real estate market to acquire three urban apartment communities in the last
FocusBack to Top
Indiana businesses are welcoming investment from China
Some observers see a parallel to the state’s seeking Japanese investment following recession in the early 1980s.Read More
Indianapolis deals in 2009 ranged from $4.6 billion to $70
WellPoint’s sale of its NextRx unit was the largest deal in the Indianapolis area in 2009.Read More
Additional deals that didn’t make the mergers-and-acquisitions list
These deals had no price tag, but still were significant.Read More
Merger-and-acquisition activity expected to warm in the Indianapolis area
Pent-up demand, anticipated thaw in financing might cause business valuations to rise modestlyRead More
OpinionBack to Top
EDITORIAL: Legislators should stick to the basics and go home
We like the Indiana General Assembly’s no-nonsense approach to this year’s short legislative session—at
least it looks good on the surface.
MAURER: Here’s how Katz Sapper Miller balanced its books
Last November, Katz Sapper and Miller went back to schooll—Broad Ripple High School.Read More
MARCUS: Is health care reform socialism?
The time is coming when everyone will recognize that, as every structure in a city is entitled fire department services, so,
too, each individual should receive appropriate health care, whether or not he or she can pay for it.
GARNER: Find a mentor to make you better
Most people muddle through, often learning the hard way. But those who are successful will point to
mentors who helped them find their way.
FEIGENBAUM: Daniels’ agenda built on avoiding new taxes, programs
The State of the State address delivered by Gov. Mitch Daniels Jan. 19 contained no surprises at all, except, perhaps in
SKARBECK: Stocks that pay dividends can provide yield, safety
These are challenging times for savers who demand a high level of safety from their investments.Read More
HICKS: When it comes to migration, people follow the money
Folks tend to migrate to warmer, sunnier and more tax-friendly places.Read More
Bring back IBJ stock charts
Your decision to discontinue the printing of stock prices and economic activity charts, as announced in your Jan. 17 issue,
was extremely disappointing to us as well as, surely, to other paid subscribers.
Why more taxes for education?
Re: Bruce Hetrick’s [Jan. 11 column] “Hey kids! Come and get your pound of flesh,” at first I was stunned.
Then I was speechless. After that I was just plain mad.
Concert review was right on
Since I canâ??t summarize this exciting four-plus-hour [Hoosier Dylan] concert nearly as well as [the Jan. 18 Louâ??s Views column], I will merely agree with you verbatim on your precise review—including your disappointment with Indianaâ??s poet laureate.Read More
Are fans ready to forgive Polian?
By the time the next IBJ hits the newsstands we’ll know whether it’s the Colts or The Team the Colts
Enabled (the Jets) that will be playing in the Super Bowl.
In BriefBack to Top
Indiana GOP wants to block federal health reform mandates
Republicans in the Legislature have joined their counterparts in 25 other states in trying to prevent key aspects of reform
from taking effect in Indiana.
Auer Growth Fund, other Hoosier mutual funds, build on strong 2009 performances
Local fund briefly held first place among all U.S. small-cap blended mutual funds tracked by Morningstar
American Association of Grant Professionals offers test for grant writers
A movement is afoot to professionalize the grant-writing trade.Read More
Hosted-service provider BlueLock on growth binge
BlueLock is among several companies owned by Collina Ventures, an investment firm created by local tech entrepreneurs Mark
and Karen Hill.
Indianapolis Conrad hotel nabs top honor
Conrad Indianapolis and West Baden Springs Hotel have been named to Condé Nast Traveler’s
Gold List 2010.