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SPORTS: Maybe Crean can help IU fans turn the page

April 7, 2008

But a mess it is, one that won’t be quickly eradicated. And we all know how patient IU basketball fans are. But an eight-year contract acknowledges that a quick fix is not the expectation. It also says-if those same fans are willing to listen-that the constant upheaval needs to be replaced by a consistency of voice-and excellence. “Indiana has always stood for class … integrity … and for doing the right thing,” Crean said. Well, before it hired Kelvin Sampson,…

Pacers eye Gordon status

April 4, 2008

Indiana University freshman Eric Gordon this afternoon is expected to declare himself eligible for the National Basketball Association draft. Whether he could use another year of college seasoning or not, NBA teams are…

Who is minding Pacers business?

April 2, 2008

With former Indiana Pacers CEO Donnie Walsh, 67, set to be introduced as the New York Knicks president today at 1 p.m., several questions loom large for the Pacers front office.

While the Pacers…

VOICES FROM THE INDUSTRY: New architecture contracts bring interesting changes

March 31, 2008

Change. While it is a buzz word that some political candidates throw around like candy, the construction industry is bracing for an important and imminent change of their own. The American Institute of Architects has produced standard contract forms for the construction industry for more than 100 years. Regardless of your perspective on such forms, the AIA forms still are the most commonly used standard forms in the industry. The AIA released their updated and revised set of contract forms…

THE TRAVELING LIFE: Not for the night life: On tour in Saudi Arabia

March 31, 2008

Shortly after arriving in Jeddah, it became clear that you don’t go to Saudi Arabia for its night life. With very little interaction of the sexes, a virtual ban on flirtation, a total prohibition on alcohol, smoking, dancing and movies, there was not much for our little tour group to do after dinner each evening. As for the days, well, they were different than anything you could experience here in the U.S. … particularly for the women in our group….

A&E: DK’s French program accented by Pratt piece

March 31, 2008

Yes, we are still early in the calendar. But it would be unfair of me to expect to see anything on stage in Indy this year that is more beautiful, more h e a r t – w r e n c h i n g , more exquisitely executed, and more complete than the third movement of “Tangled Web,” offered March 20-23 by Dance Kaleidoscope as part of its “The French Connection” program. I try to refrain from loading…

Polishing the pitch: Business-plan competitions give student entrepreneurs experience, exposure

March 31, 2008

College entrepreneurs in Indiana are sharpening their business plans and practicing their pitches in hopes of convincing experts-the possibly funders-that they’ve come up with the next big idea. The venue: the increasingly highstakes competitions that universities here and elsewhere sponsor to give them practice selling themselves and their ideas. Success can come with more than bragging rights, since judges often include venture capitalists who can help transform finalists’ dreams into reality. “I can’t imagine a better way to train for…

Free-lancing turns into big-time marketing: Mom-and-pop ExaroMed now growing fat with large drug and device clients from across the country

March 31, 2008

Most free-lance writers eke out a living. The most fortunate live comfortable lives. But Mindy Mascaro turned her freelance writing business into a thriving company. Carmel-based ExaroMed LLC is now producing sales and marketing content for the like of Roche Diagnostics, Eli Lilly and Co. and Amgen Inc. It has also served smaller life sciences companies such as Indigo BioSciences Inc. and Cheetah Medical Inc. The company has zoomed from six employees to 20 in the last year. It’s already…

Real-world experience-for real: IUPUI’s Global Design Studio lets students tackle projects around the planet

March 31, 2008

New Orleans and Indonesia are worlds apart, yet linked by devastation from catastrophic floodwaters and by the outpouring of empathy that has ensued. An effort launched four years ago on the campus of IUPUI to involve design students in actual construction projects is responsible for a portion of the good will. The Global Design Studio is helping to rebuild areas ravaged by Hurricane Katrina and, to a lesser extent, the tsunami. Its projects also include renovating a boarding house in…

Simons won’t discuss succession plans for Pacers ownership

March 31, 2008

Recently announced changes to the Indiana Pacers’ front office leave questions about the team’s long-term ownership unanswered.
While Larry Bird, Pacers director of basketball operations, is set to take over for CEO Donnie Walsh at season’s end, there
is no indication what succession strategy, if any, exists for replacing team owners Mel Simon, 81, and Herb Simon, 73.

Schellinger rolls out economic development plan

March 26, 2008

Democratic candidate for governor Jim Schellinger wants to base economic development on a bottom-up style that includes work-force training, small-business advancement and pushing green jobs and buildings. Schellinger, president of CSO Architects in Indianapolis, is scheduled to unveil his plans at an early afternoon news conference at the Statehouse. IBJ obtained an advance copy of […]

Lilly settles Alaska suit for $15M

March 26, 2008

Indianapolis-based Eli Lilly and Co. has settled a lawsuit brought by the state of Alaska for $15 million, the parties said in a joint announcement early this morning. Lilly admitted to no wrongdoing as to whether it provided enough information about side effects of its Zyprexa schizophrenia drug. Those side effects include weight gain, high […]

Paul Harris Stores co-founder dies

March 25, 2008

Earl B. Harris, who co-founded former retailer Paul Harris Stores Inc. in 1952, has died at age 90. The Indianapolis resident retired from the locally based women’s clothing retailer in 1985 but had continued a friendship and consulting role with retailers including the Simon family, which controls locally based shopping mall giant Simon Property Group. […]

Car insurance rates falling, report says

March 24, 2008

Declining claims have prompted car insurance companies to lower rates in Indiana, according to The Journal Gazette of Fort Wayne. Insurers’ experience in the state has been favorable overall in recent years, even though they paid out millions of dollars on claims stemming from the hailstorm that struck central Indiana in April 2007. An insurer […]

Employee-ownership plans increasingly common: Selling to staff allows owners to ease back, gives workers stake in firms’ success

March 24, 2008

When Unique Home Solutions owner Bob Dillon started thinking about retirement, he knew he didn’t want to sell his company to the highest bidder. After all, he and his 125 employees worked hard to establish a corporate culture that has helped the service firm triple revenue in recent years-and win the Better Business Bureau’s Torch Award for marketplace ethics four times. So like a growing number of baby boomers, Dillon is planning to sell the business to his staff through…

Legislators tackle range of business-related measures:

March 24, 2008

Property tax reform took center stage during the just-completed session of the Indiana General Assembly. But lawmakers also grappled with a host of other measures with business implications. A roundup appears below. ILLEGAL IMMIGRATION ENFORCEMENT One of the session’s most divisive issues-whether to penalize companies that hire illegal immigrants-died during the waning hours. Under the legislation, introduced by Sen. Mike Delph, R-Carmel, companies could have had their business licenses suspended, or revoked after three instances. The Senate and House passed…

Struggling Noble Roman’s takes over franchisee’s 6 units

March 24, 2008

Noble Roman’s Inc. has taken over the operation of six franchised restaurants in Indianapolis in a bid to prove its concept
can be executed profitably. The move–which comes amid a chorus of discontent from franchisees and as the company explores
the possibility of selling itself–could help the 1,000-restaurant chain avoid the embarrassment of store failures in its
own back yard.

BEHIND THE NEWS: Buybacks come back to haunt WellPoint

March 24, 2008

For most of Indianapolis-based WellPoint Inc.’s six years as a public company, it’s been a Wall Street darling. Even with the company’s stock down by nearly half since January, it still boasts sterling long-term performance. Since their October 2001 debut, the shares have appreciated 120 percent, obliterating the 18-percent advance of the S&P 500. But that’s yesterday’s news. Management has been on the hot seat since March 10, when the company announced it was slashing its earnings forecast because medical…

Mortgage blues haven’t hit all: Some firms are holding their own despite housing, credit slump

March 24, 2008

The local office of Cleveland-based KeyBank has hired a banking veteran to lead a revamped mortgage department that will boast a larger sales force. And locally based mortgage firm Signature Group recently completed construction of its new headquarters and added three brokers. In this climate of ballooning foreclosures and rising interest rates, one might wonder whether executives of the aforementioned institutions are reading the wrong spreadsheets. To the contrary, despite the gloomy picture monthly housing statistics paint, they are among…

Anthem increases its hold on Indiana

March 24, 2008

Anthem Insurance Co. added nearly 75,000 commercial customers last year, pushing its total up more than 4 percent. Anthem,
a subsidiary of Indianapolis-based WellPoint Inc., now claims a whopping 1.8 million commercial customers in the state. The
trouble is, Anthem’s dominance limits price competition, according to benefits brokers, making it hard for local HMOs such
as M-Plan or even some national players to compete.

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People

David Bordenkecher

Articles

SPORTS: Maybe Crean can help IU fans turn the page

Pacers eye Gordon status

Who is minding Pacers business?

VOICES FROM THE INDUSTRY: New architecture contracts bring interesting changes

THE TRAVELING LIFE: Not for the night life: On tour in Saudi Arabia

A&E: DK’s French program accented by Pratt piece

Polishing the pitch: Business-plan competitions give student entrepreneurs experience, exposure

Free-lancing turns into big-time marketing: Mom-and-pop ExaroMed now growing fat with large drug and device clients from across the country

Real-world experience-for real: IUPUI’s Global Design Studio lets students tackle projects around the planet

Simons won’t discuss succession plans for Pacers ownership

Schellinger rolls out economic development plan

Lilly settles Alaska suit for $15M

Paul Harris Stores co-founder dies

Car insurance rates falling, report says

Employee-ownership plans increasingly common: Selling to staff allows owners to ease back, gives workers stake in firms’ success

Legislators tackle range of business-related measures:

Struggling Noble Roman’s takes over franchisee’s 6 units

BEHIND THE NEWS: Buybacks come back to haunt WellPoint

Mortgage blues haven’t hit all: Some firms are holding their own despite housing, credit slump

Anthem increases its hold on Indiana