Indianapolis Business Journal

JUNE 24-30, 2013

This week, Anthony Schoettle reports on a classic David-and-Goliath story from Lebanon, where a father-and-son team of engineers developed a ground-breaking innovation in manufacturing and then ran up against an industry conglomerate that apparently stole the technology. Their patent-infringement case has yielded a stunning victory and, potentially, tens of millions of dollars. In Focus, Scott Olson cozies up to the moneyed class and discovers that the market for vacation homes is heating up in Indiana, as buyers encounter fair-market prices on the states many lakes. And in A&E, Lou Harry is successful in his quest for Broadway-quality entertainment with Bob Harbin's production of "Spamalot."

Front PageBack to Top

Salin saves cash with video tellers

In what might be the strangest twist in banking technology in years, Indianapolis-based Salin Bank is the first financial institution in the state to install sophisticated, interactive video tellers.

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Top StoriesBack to Top

BidPal, on a roll, doubles space

The world of philanthropy, where shoestring budgets dominate, is nonetheless proving lucrative for BidPal Inc., a 108-employee company led by tech veteran Scott Webber. The company saw revenue rocket from $1.8 million in 2010 to $10.2 million last year, making it the city’s second-fastest-growing private company, according to IBJ’s annual list.

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Feud with Hilberts stinging Menard on many levels

Throwing the sexual-extortion allegations into the public domain must be a nightmare for Menard, who for decades has doggedly avoided scrutiny of his personal life—even as he built his chain into the nation’s No. 3 home improvement retailer and built his net worth to an estimated $7 billion.

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Officials weigh moving Hamilton County offices

Space is at a premium in the Hamilton County Government & Judicial Center, prompting officials to consider solutions running the gamut from an expansion of the existing building to a mass exodus from downtown Noblesville.

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Live, call-in radio show focuses on Hoosier history

“Hoosier History Live!” is believed to be the nation’s only live, call-in show about a state’s history. The 5-year-old show has only an estimated 1,000 listeners, but they tend to be those who are passionate about all things Hoosier heritage.

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FocusBack to Top

OpinionBack to Top

EDITORIAL: Carmel quarrel: Too many incentives?

With its Arts & Design District, City Center and Center for the Performing Arts, Carmel has shed its suburban skin and morphed into a walkable, attractive city in its own right. But in the process, it has acquired some city-sized habits, including a penchant for handing out financial incentives to developers to get them to build exactly the kind of city Carmel leaders envision.

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RUSTHOVEN: Court sent signal quiet and clear

Two law stories made Indianapolis headlines last week. One is Tomisue Hilbert’s lawsuit against John Menard, claiming he tried to extort, uh, “favors,” and is now trying to wreak financial revenge for being rebuffed. Hmm. What say we talk about the other story?

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Wishard attacking crime

I appreciated Mickey Maurer’s [June 10] commentary drawing attention to the fact that the overwhelming percentage of violent crimes is committed by repeat offenders.

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Not-for-profits sold short

Restricting not-for-profits from the Fishers Interstate 69 corridor [June 10] ignores an organization’s impact on a community’s quality of life and focusing only on the bottom line.

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In BriefBack to Top

Car service app adds Indy

After quietly rolling out over Memorial Day weekend, the vaunted and sometimes controversial car-service app by Uber Technologies Inc. is ready for prime time in Indianapolis.

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Application deadline looms for leadership academy

Nuts about the squirrel statues planned as part of a public art initiative in Hamilton County? The Hamilton County Leadership Academy—where the idea originated as part of a group project—is accepting applications for its next class through June 30.

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Proxy Corner: Vera Bradley Inc.

Vera Bradley Inc., 2208 Production Road, Fort Wayne, Ind., 46808, sells handbags, accessories, paper-and-gift items and travel items through 65 retail stores, 11 outlet stores, 3,400 specialty stores and through

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