Indianapolis Business Journal

MARCH 29-APRIL 4, 2010

This week, find out why a judge might force the owner of the Vogue nightclub to sell the popular Broad Ripple venue and see why Duke Realty is crying foul over attorney fees in a concrete price-fixing case. In Focus, read about why venture capital funds are getting stingier. And in A&E, travel to Paraguay with columnist Frank Basile.

Front PageBack to Top

Airport ponders radical ideas to boost revenue

The Indianapolis Airport Authority is poised to pull out all the stops to maximize revenue in the face of declining travel.
Possibilities include hosting a farmer’s market atop the airport parking garage and opening secure areas to shoppers who aren’t
flying anywhere.

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Final Four helps Indianapolis warm up for 2012 Super Bowl

The goal of any host city of a major sporting event is simple: Rake in as much cash as possible during the days the event
is in town and maximize future economic potential by boosting the city’s image among everyone who watches on television.
Execution is more difficult.

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Employers fret over health care overhaul

Most employers in central Indiana are just beginning to figure out what the health insurance reform bill will mean for their
businesses. Caterpillar Inc., which employs nearly 1,500 at an engine plant in Lafayette, expects costs to rise about 20 percent.

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Top StoriesBack to Top

Vogue owner’s bankruptcy may force sale of venue

A mix of business and personal woes have pushed Steven Carter Ross, the longtime owner and manager of the Vogue nightclub,
into personal bankruptcy. Now a judge must decide whether Ross can keep the popular Broad Ripple music venue, or if he must
sell it to satisfy his creditors and his estranged wife.

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FocusBack to Top

Entrepreneurs lose clout as VC funds get stingier

Most local venture funds are standing pat because the economy is weak and they’re no longer
in fund-raising mode. Having invested most of their funds, the firms have shifted to the nurturing, or “harvesting”
stage, to try to improve investment returns.

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OpinionBack to Top

DAVIS: Finding (and keeping) clarity through cancer

Almost eight months ago, I used this space to share the new perspective on life I discovered as a side effect of my battle
with cancer. A lot has happened since then, and I’m still marveling at the difference—even as I struggle to hold
onto it.

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MARCUS: Set sights on education, not graduation

The dimmer wits in the Indiana General Assembly want to compensate colleges and universities according to their graduation
rates. This is another example of shallow reasoning by our elected representatives reflecting erroneous thought that has permeated
our society.

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WEIGAND: Let’s rethink fixes for urban poverty

The message to neighborhoods couldn’t be clearer: It’s absolutely essential to attract and retain middle-class
homeowners with the resources to invest in—and maintain—their own homes, as well as support surrounding businesses.

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ALTOM: Do your company data files belong in the ‘cloud’?

The “cloud” is a relatively recent word to describe the Internet, but it has a rather specific connotation. It
refers to the Internet’s ability to take individual objects and break them into pieces so they can be stored and retrieved
without your knowing exactly where they’ve been.

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Story on prosecutor was inaccurate

I feel it’s necessary to question the fair and balanced
reporting on the part of Cory Schouten in his article, “Brizzi’s lease deals benefited friend, donor,” published
March 15.

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In BriefBack to Top

Docs fear reform will exacerbate ER overuse

One of the most agreed-upon reasons for health care reform was the expensive overuse of the emergency room by uninsured patients.
But two Hoosier ER docs—one conservative, one liberal—say the implementation of ObamaCare will leave that fundamental
problem unresolved.

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NFP of NOTE: Assistance League of Indianapolis

The Assistance League of Indianapolis is an all-volunteer organization whose members identify, develop, implement, manage,
and raise funds for ongoing philanthropic programs to serve specific needs of children and adults in the greater Indianapolis

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