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$34M from NFL lightens Colts’ load: Money will count toward team’s portion of stadium cost

July 25, 2005

A $34 million loan of sorts to the Indianapolis Colts from the National Football League brings the franchise and local officials another step closer to signing a new stadium lease and drastically reduces what the team will spend out of pocket for the stadium’s construction. The National Football League approved a $34 million loan June 14 that will be applied to the Colts’ $100 million share of the $625 million downtown facility, which is scheduled to open in time for…

ECONOMIC ANALYSIS: Hoosiers are wallflowers as housing party rocks on

August 1, 2005

Have you heard about the wild party that’s going on? It’s not one of those parties with wine, women and song. It’s all about buying and selling, and making lots of money. And, for some Americans, at least, it’s being done from the comfort of their own homes. It’s called the housing market, and in some corners of the country, it’s a rowdy affair. In coastal California and Florida, the price of homes is going up so fast it is…

MSA redevelopers set to make another run at tower: Project takes on new moniker as it rolls out redesigned condominium plans

August 1, 2005

With a new name, new floor plans and a new marketing team, the developers of the former Market Square Arena site are gearing up to make another go at building a high-rise condominium tower on the east side of downtown. Developers hope the new designs, crafted with the assistance of Chicagobased Mesa Development LLC, will jump-start the tower, now more than a year behind schedule and saddled with a lien from a former key player. The first phase of One…

SPORTS: Lance Armstrong miracle started here…or did it?

August 1, 2005

It is 10 a.m. on July 24 and, from several thousand miles and an ocean away, it is being reported that Lance Armstrong has, indeed, won his seventh consecutive-and last-Tour de France. I pick up the telephone and dial Dr. Lawrence Einhorn at his home here in Indianapolis. “What a way to go out,” says the doctor, the pleasure obvious in his voice. “And it still gives me goose bumps.” What a championship pairing: Lance Armstrong, cancer survivor. Lawrence Einhorn,…

Event targets greener vehicles: Fleet operators to discuss emission-reduction methods at downtown conference

August 1, 2005

More sparks have been flying from city garbage trucks lately than a City-County Council meeting over police and sheriff’s department consolidation. Mechanics have been cutting out sections of garbage truck exhaust pipes and splicing in tubes filled with precious metals. When the “diesel oxidation catalyst” heats up, combustion gases blowing through it are cleansed before coming out the tailpipe. So simple and quick is this approach to curbing air pollution that John Chavez hopes the humble trash truck project will…

BEHIND THE NEWS Marsh shares stage rally, despite firm’s challenges:

August 1, 2005

Marsh Supermarkets Inc. might be a great place to shop, but it’s been a long time since the embattled Indianapolis grocer has been a great place for investors to park their money. That’s why the recent runup of Marsh shares is raising eyebrows in the investment community. Both the company’s Class A and Class B shares are up more than 25 percent since early June, and better than 20 percent for the year. What’s driving the increase? In part, probably…

Counties, cities welcome food/beverage tax: Suburbs see extra funds as way to balance budgets

August 1, 2005

Several suburban cities and counties that have approved new food and beverage taxes view the windfall as a panacea for their budget woes. Six of the seven counties surrounding Marion County, excluding Morgan, have OK’d the 1-percent surcharge to help fund a new stadium for the Indianapolis Colts and Indiana Convention Center expansion. Morgan County councilors turned down the measure at a June meeting. The legislation, approved during the past session, directs counties to contribute half the food and beverage…

NOTIONS: Sex makes us more squeamish than violence

August 1, 2005

Two decades ago, while creating an A I D S – p r eve n t i o n campaign for Connecticut’s state health department, I became a “sexpert.” No, I didn’t become an expert on sex itself (at least no more than your average married fellow). Nor did I conduct formal sex research (I leave that to the Kinsey Institute). Instead, I became an expert on how we Americans, Puritan descendents that many of us are, resist communicating about…

University Place getting major makeover: New owner IUPUI investing $13M in renovation of 18-year-old hotel

August 1, 2005

A hotel built during an era in which Indianapolis first laid claim to its title of Amateur Sports Capital of the World has a new owner that is spending millions of dollars to bring the structure into the new century. University Place Conference Center & Hotel, on the campus of IUPUI, opened amid the fanfare of the Pan American Games hosted by Indianapolis in 1987. Nearly 4,500 athletes from 38 countries converged on downtown, including a throng of media that…

New names shake up radio market ratings: Hank and Jack see gains; WFMS and WFBQ lose ground

August 8, 2005

Two radio newcomers known as Hank and Jack are two-stepping and fist-pumping their way up the local radio ratings ladder. Meanwhile, stalwarts WFMS-FM 95.5 and WFBQ-FM 94.7 have found their grips on the top rungs loosening. The first major reshuffling in local radio station ratings in nearly a decade is having wide-ranging effects on advertising demand and rates. The release of New York-based Arbitron Inc.’s spring rating book July 29 touched off a flurry of debate about who won and…

BULLS & BEARS: This would be wrong time to turn bearish on stocks

August 8, 2005

“The stock market stinks and isn’t going to get any better.” That, in a nutshell, is what a bearish soothsayer espoused recently in Barron’s. He said the tech-stock bust, 9/11, the Iraq War and frequent terrorism would keep a lid on returns for several years. He’s right about the market stinking. Most stock market investors haven’t made a nickel since the new millennium began. Starting at the beginning of this decade through the end of June, $10,000 put into the…

Local firm sues drugmakers over disclosure:

August 8, 2005

An Indianapolis law firm is the latest in the nation to bring a lawsuit against the makers of non-steroidal, anti-inflammatory drugs. Price Waicukauski Riley & DeBrota LLC filed a suit July 27 in U.S. District Court in Indianapolis on behalf of 21 trade unions in Indiana and surrounding states against the maker and marketers of Celebrex: Pfizer Inc., Pharmacia Corp. and G.D. Searle & Co. Celebrex, like Merck and Co.’s Vioxx, is alleged to pose a greater risk of heart…

Industry groups spar over audit proposal: Using parts of Sarbanes-Oxley Act to toughen financial reporting would be costly, unnecessary, NAMIC says

August 8, 2005

Insurance groups are choosing sides in a brewing battle over whether private insurance companies should be forced to adopt elements of the controversial Sarbanes-Oxley Act. The Kansas City-based National Association of Insurance Commissioners has proposed adding parts of the 2002 federal legislation to its audit rules. Public companies are already required to follow the Sarbanes-Oxley Act, which imposes stricter financial disclosure rules. The NAIC represents insurance regulators from all 50 states and is working jointly on the amendment with the…

Quiet approach drawing criticism: President’s lack of visibility hurts IU, some complain

August 8, 2005

Never mind the Herculean task of leading the state’s largest college system in a difficult economic climate; he knew that would be hard. But after two years of long weeks and late nights, he’s facing a more surprising challenge-defending himself from critics who question his ability to get the job done. IU seems to be adrift, naysayers argue, and so far Herbert doesn’t seem to be doing much to get it back on course. “It is with great regret that…

State sipping on answers from Veolia Water utility: Regulators wonder if capital spending is adequate

August 8, 2005

About one-third of the 30 questions state regulators sent to Veolia Water Indianapolis in June relate to whether the operator of the city’s water system has designated enough money for capital improvements to meet demand and sustain water pressure during dry spells. “Please identify and provide the details for all capital improvement projects, system improvements and master plans, including proposed plans, for IW. When were those plans, if any, last revised?” read a typical question from the Indiana Utility Regulatory…

Dose of OPPORTUNITY: Wellpoint, other health care insurers forge strategies to grab their share of Medicare drug-plan business

August 8, 2005

Afresh market that could be worth billions of dollars lies just over the horizon for health insurers like Indianapolis-based WellPoint Inc. Medicare, the U.S. government program for the elderly and disabled, will add a prescription drug benefit starting Jan. 1, and it could spend as much as $60 billion next year on medicines for 30 million people, according to Bloomberg News. But before insurers can start cashing in on this potential, they must develop their drug plans, win over some…

SPORTS: Before the first kickoff, all is well on IU gridiron

August 8, 2005

C H I C AG O – Almost a year ago in this space, I wrote about IU’s then-new athletic director, Rick Greenspan, observing that his arrival coincided with the beginning of football season, which would allow him to be immediately confronted with the Athletic Department’s most pressing and obvious problem. Under Gerry DiNardo, an uninspired choice to begin with, Hoosier football was continuing its mired-in-the-muck ways, hopelessly spinning its wheels. Horrible as a game coach and even worse in…

Rising star in GOP recasts job agency: New chief uses secret shoppers, dress code to shake up state’s work force development

August 8, 2005

Indiana Department of Workforce Development Commissioner Ronald Stiver says the world is flat, with the United States no longer having mountainous advantages over other nations. And Stiver knows Hoosiers must prepare for it to get even flatter. “You’re talking to the converted,” Stiver said. “I believe in the 21st century, the major lever for economic development will be work-force development.” Stiver, 31, is reorganizing DWD with the new flat world in mind. He envisions an agency that moves beyond doling…

Real estate investment trusts buck slump predictions: REITs outperforming major stock market indexes so far this year; Simon, Duke and Kite doing well locally

August 15, 2005

For the second quarter, the National Association of Real Estate Investment Trusts Composite Index posted a return of 13.52 percent, boosting its year-to-date return to 4.9 percent. For the quarter, that’s more than three times any of the other equity indicators, the highest of which, the Russell 2000, posted a 4.32-percent return. The Russell 2000 also has the second-highest year-todate returns at 5 percent. Real estate investment trusts are due for a downturn, according to many stock analysts, but they’ve…

Deal giving edge to unions muddies midfield contracts: Non-union contractors question whether bidding on project is worth the trouble

August 15, 2005

A construction agreement that requires union wages, work rules-and union workers-at the midfield terminal project has big and small businesses alike concerned they’ll be shut out of all but the tiniest contracts on the $300 million building. Unless Janet South’s painting firm Deco Group agrees to accept those terms, she’d only qualify for projects of $75,000 or less-the threshold at which the agreement kicks in. That limitation, contained in the project labor agreement attached to the midfield terminal, contrasts with…

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13,371 results for 'IU Indianapolis'

Articles

$34M from NFL lightens Colts’ load: Money will count toward team’s portion of stadium cost

ECONOMIC ANALYSIS: Hoosiers are wallflowers as housing party rocks on

MSA redevelopers set to make another run at tower: Project takes on new moniker as it rolls out redesigned condominium plans

SPORTS: Lance Armstrong miracle started here…or did it?

Event targets greener vehicles: Fleet operators to discuss emission-reduction methods at downtown conference

BEHIND THE NEWS Marsh shares stage rally, despite firm’s challenges:

Counties, cities welcome food/beverage tax: Suburbs see extra funds as way to balance budgets

NOTIONS: Sex makes us more squeamish than violence

University Place getting major makeover: New owner IUPUI investing $13M in renovation of 18-year-old hotel

New names shake up radio market ratings: Hank and Jack see gains; WFMS and WFBQ lose ground

BULLS & BEARS: This would be wrong time to turn bearish on stocks

Local firm sues drugmakers over disclosure:

Industry groups spar over audit proposal: Using parts of Sarbanes-Oxley Act to toughen financial reporting would be costly, unnecessary, NAMIC says

Quiet approach drawing criticism: President’s lack of visibility hurts IU, some complain

State sipping on answers from Veolia Water utility: Regulators wonder if capital spending is adequate

Dose of OPPORTUNITY: Wellpoint, other health care insurers forge strategies to grab their share of Medicare drug-plan business

SPORTS: Before the first kickoff, all is well on IU gridiron

Rising star in GOP recasts job agency: New chief uses secret shoppers, dress code to shake up state’s work force development

Real estate investment trusts buck slump predictions: REITs outperforming major stock market indexes so far this year; Simon, Duke and Kite doing well locally

Deal giving edge to unions muddies midfield contracts: Non-union contractors question whether bidding on project is worth the trouble