SEPT. 30-OCT. 6, 2013
Boomers are ready to sell the suburban homes where they raised their kids and buy more modest abodes, but are hitting a disconnect in the housing market: Many of today's young families don't want to live in a subdivision or can't afford what the boomers are asking. IBJ's Norm Heikens documents their struggles. Also this week, we present IBJ's annual Meeting & Event Planners Guide, including stories about the growing influence of youth sports on tourism and the challenge of filling Indy's new convention center. And in A&E, Lou Harry checks out IRT's production of "The Crucible," which casts off the shackles of allegory and finds its power in the characters' complexity.
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Stonegate Mortgage IPO a test of housing recovery
Stonegate Mortgage—potentially the first company in Indianapolis to go public since ExactTarget in 2012—plans to entice investors with a nationwide expansion, a diversified income stream, and the prospect that federal reforms will benefit such loan aggregators.
Read MoreIndianapolis Motor Speedway takes bids for food, souvenirs
The Indianapolis Motor Speedway has put its merchandise and food and beverage contracts up for bid for the first time in its 104-year history.
Read MoreNoblesville company taking on industry giants with healthier snacks
The Darlington snack company for 30 years peddled sweet treats to large institutional users—think schools, hospitals and nursing homes. But growing concerns over America’s obesity epidemic have the small Noblesville company hanging its hopes on healthier fare: all-natural, whole-grain-rich snacks.
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Angie’s List’s believers, doomsayers dig in their heels
As Angie’s List approaches its second anniversary as a public company, investors remain as split as ever on whether the consumer-review company is wildly overvalued or a revolutionary Internet business still in its infancy.
Read MoreState spending more on AP testing for high-schoolers, but failure rate is rising
The state plans to nearly triple its spending on Advanced Placement tests in high schools this academic year—despite the fact most students are failing them.
Read MoreRV exec seeking new start in Indy
A member of one of the recreational vehicle industry’s elite families hopes to get a fresh start in Indianapolis by launching a manufacturer of super-high-end RVs.
Read MoreEco-friendly lighting firm gains wattage after recession
Eco Lighting Solutions in Fishers designs and sells induction lighting, which costs less to install than LED and requires less energy than fluorescent. Induction lights work a lot like cheaper fluorescent ones, but don’t burn out as quickly.
Read MoreTransportation, warehousing catch tailwind
Indiana’s transportation and warehousing industry employs more people now than before the recession, and observers think its growth will continue to outpace the nation’s.
Read More‘Dynamic duo’ boosts Hamilton County tourism
In eight years with the Hamilton County Convention and Visitors Bureau, Executive Director Brenda Myers has morphed her organization into a developer, grant giver and landlord. The strategy appears to be working.
Read MoreSkywalk adds architectural element to senior-housing project
Two four-story structures, at the southwest and northwest corners of 30th and Clifton streets, will be built as part of a $10.7 million project that will include 57 units linked by an elevated walkway.
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Boomers face downsizing dilemma in Indianapolis
Changing tastes, economic uncertainty could crimp sale prices for boomers wanting to move into smaller quarters.
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EDITORIAL: Amtrak talks need to succeed
Better late than never. Less than a week before federal funding was set to end for the Hoosier State Amtrak route, which offers the only passenger train service four days a week from here to Chicago, state officials have finally begun discussing with Amtrak how to replace the annual $3 million subsidy.
Read MoreMAURER: Ivy Tech serves more than a tasty meal
I make my own breakfast. At mid-day, lunch is usually fresh fish simply grilled. Janie sets the dinner plans, and I go where I’m told. Now I’m writing a restaurant review?
Read MoreADAMSON: Close the obsolete Harding Street plant
In recent years, our city’s civic and business leaders have put much effort into attracting and retaining young professionals, those young singles who prefer city life, dining out and environmental causes.
Read MoreRUSTHOVEN: FitzGibbon was friend and hero departed too soon
Our state and city lost an extraordinary citizen last week, when my friend and partner Dan FitzGibbon passed at age 71.
Read MoreKim: Twitter using JOBS Act to alter IPO playbook
The Sept. 12 tweet read, “We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale.” Twitter thus made a very public announcement that it had made a private filing with the Securities and Exchange Commission. In 140 characters or fewer, Twitter instantly […]
Read MoreHicks: We’ll spend more and more on health care
Like most Americans, I am confused by the ACA. I don’t have a spare couple of months to read it in its entirety, but am certain there are things about it I will like and some I will detest. On balance, though, it is increasingly clear that it will require Herculean fixes.
Read MoreRadio thrives on local
As someone who has worked at or with radio stations in Indianapolis as well as mid-sized and smaller markets across the state, I agree with most of the points regarding the strong local strategy in use today by the successful broadcasters in those markets [Sept. 2].
Read MoreRusthoven pegged Obama
I enjoyed Peter Rusthoven’s [Sept. 16] column “A president out of his league,” as it nicely characterized both the missteps and blatant lies coming from the Obama administration’s Keystone Cops handling of the crisis in Syria.
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Lilly bets quality over quantity will pay off in diabetes battle
Eli Lilly and Co. is counting on the quality of a diversified product portfolio over boosting its sales forces to grab a bigger slice of the $22 billion U.S. diabetes market, a difference in strategy to some of its rivals.
Read MoreOld-line manufacturer poised to close for good
A manufacturer that has roots in Indianapolis dating to 1924 plans to permanently cease operations in late November unless it can find a buyer for the business.
Read MoreCanterbury to change name, close for 9-month renovation
The historic downtown hotel’s new owner says the $9.5 million revamp and affiliation with an international brand are needed to compete with new high-end hotels in the Indy area.
Read MoreReverse commuter route launches on northwest side
There’s a new reverse-commute bus route connecting the northwest side of Indianapolis with major employers in west Carmel.
Read MoreInvestment rep fined over disclosure rules
A Bartholomew County investment representative will pay a $20,000 fine under an agreement with regulators over allegations he failed to make proper disclosures in research reports.
Read MorePROXY CORNER: KAR Auction Services Inc.
KAR Auction Services Inc., 13085 Hamilton Crossing Blvd., Carmel 46032, is the holding company for ADESA Inc., which operates used-vehicle auctions at 67 locations; Insurance Auto Auctions Inc., which operates salvage auctions at 163 locations; and Automotive Finance Corp., which provides floorplan financing at 104 locations.
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