MAY 30-JUNE 5, 2011
This week, find out how Indiana public-company executives fared last year—and search our compensation database. Also, see what's ahead for the long-dormant Central State Hospital redevelopment project and check out a gallery of photos from the grounds. In Focus, read about how owners of a local family business are steeling themselves to hand over the reins. And in A&E, etc., see what Lou Harry thought of Krzysztof Urbanski’s unofficial coming-out party with the Indianapolis Symphony Orchestra.
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Front PageBack to Top
Speedway’s new generation makes mark
While the Indianapolis Motor Speedway revels in its centennial this month and motorsports aficionados take a nostalgic look back, the next generation of heirs to the Hulman George fortune has its eyes firmly fixed on the future.
Read MoreCEOs see stock windfall after market crash
Executives at Indiana’s public companies got rich in the down-and-up market, even when investors didn't. CNO Financial's Jim Prieur, for example, received stock grants now worth $4.4M, despite share prices that are 40 percent lower than three years ago. With searchable database.
Read MoreTotal pay for executives surged in 2010
Total executive compensation at Indiana’s largest public companies continued to rise sharply coming out of the recession, even though many of them have yet to erase the red ink in their shareholders’ portfolios.
Read MoreCircle Centre can survive Nordstrom exit, experts say
Anchor store Carson Pirie Scott negotiated a new lease in January, giving the downtown mall added stability at a key time.
Read MoreTop StoriesBack to Top
Central State redevelopment plan gets new life
A dormant plan to redevelop the 150-acre former Central State Hospital campus is starting to get momentum. Developers anticipate spending $100 million to $150 million to revamp the site. With online photo gallery
Read MoreLegal bills make it tough for City Market to become self-sustaining
The city’s mounting legal bills to cover lawsuits involving Indianapolis City Market are adding to the taxpayer cost of subsidizing the venue and making it tougher for the market to become self-sufficient.
Read MoreRise of machines bodes well for tech firm Mesh Systems
The founder of Mesh Systems, a company that develops wireless “machine-to-machine” communications software and hardware, says his products have countless applications. Earlier this month, Mesh closed on a $2.5 million private placement from investors in Indiana and Wisconsin.
Read MoreIngredients in place for plethora of Hoosier IPOs
Some Indiana firms are adding management and board firepower—moves likely to help them win over investors should they move ahead with public offerings.
Read More‘Virtualization’ spawning demand for tech workers
The city’s information technology sector may be a step closer to easing a worker shortfall created by the rise of cloud computing. Harrison College responds with more courses geared toward IT workforce.
Read MoreChildren’s Museum holds key to Winona redevelopment
The Children’s Museum of Indianapolis is playing the role of lead developer for the abandoned Winona Hospital site.
Read MoreFocusBack to Top
Family has steely plan for shifting business to next generation
Westfield Steel owners Karyn and Fred Prine are well on the way to transitioning to the next generation—son Fritz—thanks to timely planning.
Read MoreSlow economy grinds on long-time sausage maker Claus
Claus Muth has a proud heritage of making specialty meats, but now he faces circumstances that stand to threaten his south-side business: family-owned Claus’ German Sausages and Meats.
Read MoreOpinionBack to Top
EDITORIAL: Nordstrom loss not death knell for downtown
The news that Nordstrom Inc. will close its Circle Centre mall store July 31 is proof that the suburbs still rule where retail is concerned, but it shouldn’t signal a repeat of the gradual decline downtown suffered when merchants began leaving the city’s core in the 1950s.
Read MoreMAURER: Reflecting on what could have been for ‘Our Man Mitch’
The media gauntlet is one of the reasons we rarely have an opportunity to elect the most qualified of our public servants.
Read MoreMARCUS: Numbers say Indiana’s economy isn’t healthy
Usually, when an unemployed person gets a job, the number of people unemployed goes down and the number employed goes up. That’s a healthy economy.
Read MoreHENDERSON: On power players and the future of kids
We expect IPS to take its students to the very pillars of academic success after thoroughly hog-tying them. It’s difficult to find more breathless insanity than this.
Read MoreIPS is improving
There’s been much talk recently about the possibility of mayoral control of Indianapolis Public Schools. Missing in this debate are the voices of the students and families who actually live within and are served by the school district.
Read MoreDo these folks file tax returns?
Morton Marcus [in his May 23 column] may have omitted some things in analyzing the statement about “half the people” not paying taxes.
Read MoreFamilies First helps beat addiction
In response to the prescription drug article [in the May 16 Focus section], with the increase in prescription-drug abuse throughout the state, there are two important things to understand:
Read MoreSwipe-fee reforms will ensure prosperity
Merchants in the Hoosier state have experienced an inordinately swift and severe rise in swipe fees, a charge that card-issuing banks levy against retailers every time a customer uses a debit card to make a purchase.
Read MoreHICKS: Remembering those who fought, and why
Three times as many Hoosiers perished in the Civil War than the nation as a whole has lost to battle since Vietnam.
Read MoreSKARBECK: Debt-ceiling issue has no easy solutions
The public must understand that the arguing in Washington over raising of the debt ceiling is just political posturing.
Read MoreIn BriefBack to Top
IU Health buying docs in hospital ventures
Indiana University Health is now quietly unwinding the physician ownership of its hospitals in Carmel and Avon—which sparked loud controversy when they opened in 2004 and 2005.
Read MoreIndianapolis Symphony ventures into Zionsville
Horse farm owner Elizabeth Johnson extended an invitation to play, and local businesspeople and volunteers have been selling concert tickets.
Read MoreLululemon Athletica, Five Below to open Indianapolis stores
Yoga apparel specialist, store geared toward teens plan local presence.
Read MoreKanaan, Carpenter items boosting Indy 500 merchandise sales
Consumers open wallets for drivers who aren’t front-runners this year.
Read MoreIndianapolis among six cities to watch for emerging technology
New York, Boston, Chicago, Austin and Boulder, Colo., also cited.
Read MoreINDOT seeks public input for state’s rail transportation plan
Freight and passenger rail are subject of long-range planning events.
Read MorePROXY CORNER: Interactive Intelligence Inc.
Indianapolis-based Interactive Intelligence Inc. develops communications and interactions-management software.
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