SEPTEMBER 12-18, 2016
This week, Jared Council examines Gov. Mike Pence's plan to draw $500 million from the state pension system to invest in Indiana companies. Also in this issue, John Russell takes a look at the shortage of medical residency slots and why it might exacerbate the state's doctor shortage. And in our North of 96th Focus, Lindsey Erdody explores why the northern suburbs are racing to establish themselves as bike-friendly.
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Pension system may up bets on state firms
Indiana’s public pension system over the next several months will consider participation in a $1 billion economic-development initiative proposed by outgoing Republican Gov. Mike Pence.
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Shortage of residency slots plugs doctor pipeline
A new state board is trying to grapple with how to handle the big shortage in medical residencies, which will grow even worse as the state graduates more and more doctors.
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Westfield couple rehabs downtown house by house
Bob and Michelle Beauchamp have invested millions of dollars buying and renovating homes on Park Street into restaurants.
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Both sides of liquor fight say it’s about fairness
A Marion County judge’s ruling has heated up the battle between liquor distributors and a group of beer distributors operating in the state and Indianapolis-based beer wholesaler Monarch Beverage Co.
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Transit referendum spawns efforts to educate, influence
Advocates and opponents of a Nov. 8 referendum that would let the City-County Council increase taxes to pay for a mass transit plan are gearing up to vie for your vote.
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High Alpha funding firms far and wide with $21M war chest
The Indianapolis-based venture studio and its investment arm have been looking beyond Indianapolis, making investments in out-of-town companies and forging a national reputation.
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ITT is gone, but challenges facing for-profit schools live on
The question that dragged down ITT Educational Services—whether its expensive diplomas were leaving students awash in debt while failing to properly prepare them for gainful employment—will continue to hang over other players in the for-profit education industry.
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Lawyer with lifelong love of golf co-chairing Crooked Stick tourney
Lebanon attorney Kent Frandsen, co-chair of the BMW Championship, has volunteered in some capacity for 10 national championships at the Pete Dye-designed course.
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Sun King plans to open $5M distillery in Carmel in 2017
The Indianapolis-based brewery announced plans for a $5 million craft distillery and tap room in Carmel’s Midtown development, which is between City Center and the Arts & Design District.
Read MoreHOOSIER BEACON: James Whitcomb Riley, ‘The Children’s Poet’
Riley, for whom the city’s children’s hospital is named, was a best-selling author of the 1890s.
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Northern suburbs racing to be bike-friendly
For years, the cities and towns in Boone and Hamilton counties have invested in trail systems; now they are adding other bike-friendly elements, like dedicated bike lanes, bike routes and loops, and bike-share programs.
Read MoreUtility rates could rise for Westfield firms, residents
The Indiana Office of Utility Consumer Counselor is accepting written requests and comments on the gas rate increase until Sept. 21 and wastewater rate increase comments until Nov. 10.
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EDITORIAL: Liquor laws fail us again
The battle between a Monarch Beverage Co. affiliate and liquor wholesalers in the state is the latest reminder that the Legislature should bring into the modern era state statutes that govern the sale of alcoholic beverages.
Read MoreMAURER: Riddle of creativity not easy to solve
An update on why creativity is as important as intelligence in business success.
Read MoreKENNEDY: Leadership for ‘no mean city’
The bustling city we inhabit today owes its existence to Richard Lugar, Bill Hudnut and others who were willing to stick their necks out to do the right thing.
Read MoreMARSCHALL & LAPPIE: Is Indiana the reddest Midwest state?
Since Indiana is one of the few states with partisan mayoral elections, it provides a test bed for a host of questions regarding the relationship between national and local politics.
Read MoreBOHANON & STYRING: Ireland trying to take unfair tax bite out of Apple
If government establishes tax loopholes, can we blame taxpayers for taking advantage of the provisions?
Read MoreKIM: Remembering a friend who died Sept. 11, 2001
It’s hard to believe, but Sept. 11, 2016, marks the 15th anniversary of the terrorist attacks. While the memories are painful, we must never forget.
Read MoreLETTER TO EDITOR: Indiana’s lottery preys on Hoosiers’ weaknesses
Some will contend that Indiana finally “got with it” when it amended the Indiana Constitution to allow state-run lotteries, but the financial damage done to Hoosiers least able to afford it can’t be measured.
Read MoreLETTER TO EDITOR: Tree issue thornier than letter implies
Steve says the proposed business is “an asset to our neighborhood.” That’s an assumption which stands to be proven.
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Franciscan to remove saints’ names from a dozen hospitals
In a move to create a stronger identity, Franciscan Alliance will become Franciscan Health, and will stop using the names of St. Francis, St. James, St. Anthony and other familiar saints at its hospitals, the company announced Tuesday.
Read MoreCoca-Cola manufacturing operations in Indiana switching hands
Charlotte, North Carolina-based Coca-Cola Bottling Co. Consolidated, an independent bottling company, has signed agreements to purchase Indiana manufacturing and distribution plants in Indianapolis and Portland, plus one in Cincinnati, from Coca-Cola Refreshments USA Inc.
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