Daniels strangely quiet as fiscal issues fester
The Indiana General Assembly session will end with a focus on what has dominated discussion since Organization Day back in November: fiscal issues.
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Going Green Power Breakfast Transcript-WEB ONLY
Businesses have seized on environmental responsibility as a marketing mantra. But many have made their products, processes and facilities greener. Some are motivated by philosophical reasons, and others by rising energy bills and out of anticipation of federal regulations on carbon dioxide. Six experts in green issues shared their outlook during IBJ‘s Power Breakfast Feb. […]
SI responds to Danica tattoo flap
After this post, there will be a self-imposed moratorium on Danica Patrick-related news on The Score. Even I can see we’ve gotten a little carried away. But Sports Illustrated’s response to the Danica tattoo flap that surfaced two weeks ago…
Seasoned stock pros size up slump
Media pundits regularly call the current economic crisis the worst since the Great Depression. One of the few Indianapolis financial experts who’s actually qualified to make such a comparison is Donald C. “Danny” Danielson, the 89-year-old vice chairman of City Securities Corp.
Seasoned stock pros size up slump-WEB ONLY
Media pundits regularly call the current economic crisis the worst since the Great Depression. One of the few Indianapolis financial experts who’s actually qualified to make such a comparison is Donald C. “Danny” Danielson, the 89-year-old vice chairman of City Securities Corp. For Danielson, who still comes to work every business day, the Great Depression […]
Finish Line ready to test new store
Finish Line is rebranding its Man Alive stores as Decibel stores.
Finish Line ready to test new store-WEB ONLY
The Finish Line Inc. is preparing to unveil a new concept called Decibel that eventually could replace its struggling Man Alive franchise. The locally based retailer plans to rebrand four Man Alive stores, including one at Castleton Square Mall, for an April launch. It also will rework the product mix in four other stores that […]
Grants will shrink, life sciences leader predicts
Last fall, BioCrossroads named Leonard J. Betley—chairman of the Richard M. Fairbanks Foundation, the Regenstrief Foundation
and the Walther Cancer Foundation—its inaugural Life Sciences Champion of the Year. IBJ recently caught up with Betley to get his thoughts on the latest life sciences developments and gauge the climate
for fund raising.Mass Ave redevelopment reaches a roadblock-WEB ONLY
Indianapolis Public Schools is looking for a new redevelopment strategy for its 11-acre facility on Massachusetts Avenue after an ambitious proposal for the historic former Coca-Cola bottling plant fizzled. A development team consisting of locally based not-for-profit Riley Area Development Corp. and California-based Panattoni Development Co. had pitched a $100 million mixed-use replacement for the […]
UT asks for Manning blessing
Few doubt that Indianapolis Colts quarterback Peyton Manning will be a first-rate coach—if he chooses to pursue that line of work after his playing days are over. He’s already taken on the role…
BEHIND THE NEWS: Opportunities start to arise for steely nerved investors
“Be fearful when others are greedy and greedy only when others are fearful.” This philosophy, which Warren Buffett espoused to a group of Columbia University students when he was just 21, has served the billionaire investor well. And it may serve you well as you navigate the ugliest stock market in three decades. To be sure, the thrashing that stocks in Indiana and across the globe have weathered in recent weeks has been nearly across the board-savaging the shares of…
Simon Property Group exploring overseas markets
Simon Property Group Inc. has been readying its balance sheet and sizing up buyout targets in hopes of capitalizing on
a worldwide markdown on shopping-center owners.Donation of Columbus architectural marvel hinges on IMA’s ability to fund endowment
Columbus philanthropist J. Irwin Miller’s family is poised to donate his majestic home to the Indianapolis Museum of Art,
provided it can raise millions of dollars to maintain the sprawling Bartholomew County property. IMA board members have given
CEO Maxwell Anderson the go-ahead to seek funding for an endowment to care for the home.Hands-on strategy turns Mike’s Carwash into industry model
Mike’s Express Carwash makes money the old-fashioned way. The second-generation family affair, now celebrating its 60th
year, has invested its reserves in steady expansion, becoming a model for the $23.4 billion industry in
the process. And its owners still sweat the small stuff.Wall Street turmoil will hit local credit, economy
Local financial experts anticipate bank credit will tighten, the U.S. economy will slow down and investors will shoulder tough losses in the wake of this weekend’s news that several of Wall Street’s largest institutions are insolvent. “This is going to be an extremely uneasy time for people nearing retirement,” said Ball State University economist Michael […]
EYE ON THE PIE: What really drives Hoosier economy?
I enjoy the propaganda of government agencies pleading the causes of special interests. This is the opening sentence of our state profile prepared by the U.S. Small Business Administration’s Office of Advocacy: “Small businesses are the heart of Indiana’s economy.” Frequently, we hear that farming is the beating heart of our economy. Others claim the thumping sound we hear is that of manufacturing. Teachers tell us the economy is only as steady as its educational footing. Steel has a claim…
A greener afterlife: Cemeteries, funeral businesses are offering more options for those who want their burial to be more environmentally friendly
Some people think it’s always important to be kind to Mother Earth-even in death. A concept known as “green burial,” in which one is laid to rest in an environmentally friendly fashion, is gaining some popularity nationwide. Methods of green burial vary, but often involve a more natural interment of the body without the use of toxic embalming chemicals. Simple pine or cardboard coffins that will decompose quickly are used instead of steel caskets. Bodies are laid to rest in…
Developer betting on cottage homes
Buyers in Seattle, Milwaukee and even Bloomington have snapped up new cottage homes in developments that
turn the McMansion trend on its dormer-decorated head. But will Indianapolis buyers have a similar appetite
for the tiny energy-efficient homes clustered around community greens? A local developer is betting they
will.RETURN ON TECHNOLOGY: What you might not know about messengers
I’d like to put in a kind word for one of the most underused tools in business. It lets you stay in contact with lots of others online, send and receive files, make phone calls, keep in touch with things at home, and even hold Web videoconferences, after a fashion. It’s known generically as “instant messaging,” but you may know it under any number of trade names: MSN Messenger, Yahoo Messenger, ICQ, AIM and many others. I use both MSN…
Hat World shows sign of recovering from lackluster year
The locally based headwear retailer Hat World made a name for itself by snatching up competitors and opening hundreds of
stores around the country. However, after sluggish sales in the fiscal year that ended Feb. 2, the company–a
unit of Nashville, Tenn.-based Genesco Inc.–says it plans to open fewer stores than usual this year so
officials can put their focus back on existing operations.