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VIEWPOINT: Why shouldn’t churches pay taxes?

September 17, 2007

Though it probably should not have been, a recent headline in The Indianapolis Star-$2.7 billion in property untaxed in Marion County-was a bit of a stunner. And more so was an adjoining article revealing nearly half of that property to be owned by churches and religious institutions. In the article, the Rev. Kent Millard, senior pastor at St. Luke’s United Methodist Church, invoked the separation of church and state as justification for St. Luke’s quarter-million-dollar annual tax dodge. And I’m…

Heart or head?: Intellect, emotions play role in most biz-location decisions

September 17, 2007

Ithe process of f n theory, retail, office or industrial location as should putting be as rational and unemotional reality, emotions together a spreadsheet. But in as hard data. can carry just as much weight “People use very sophisticated uildings processes , but in and evaluations to compare b ,” s as much of an art as a science the end, it’ . Smith, CEO eteran Samuel F said industry v Commercial of Indianapolis-based Resource aspect of it Real Estate…

Emmis Dismisses Claims In Radio Lawsuit

September 14, 2007

Locally-based Emmis Communications Corp. claims a lawsuit filed against the company by Talk Radio Network morning host Erich “Mancow” Muller, a former Emmis personality, is “without merit.” “The suit and the allegations it contains aren’t worth dignifying with a response,” Emmis Radio President Rick Cummings said in a written statement. “Emmis doesn’t have the ability […]

Symons puts biz into Ch. 11, undercutting rival’s court win

September 10, 2007

Alan G. Symons’ company, Fast Tek Group LLC, lost a court fight with Fishers-based competitor Product Action International
LLC in February. So Symons pushed Fast Tek into Chapter 11 bankruptcy protection in June–a move that clears the way for a
suitor to buy the assets without being saddled with the liabilities.

New Image Fine Clothing Inc.: Clothier looking for the right fit After four years as a sideline, business becomes full-time job

September 10, 2007

Growing up in Detroit, Andrew T. Porter had an early education in men’s fashion. The son of a minister, he recalls admiring the Sunday best of his father and members of the congregation. In his neighborhood, “there was a clothing store on every corner,” Porter said. “I always had an eye for putting things together. It came naturally to me.” Porter remained a student of fashion, even though he worked in manufacturing. When a friend who owned a Detroit clothing…

Help in form of guaranty funds: Local women work to cover insurance claims-when your insurance company can’t

September 10, 2007

You have an auto accident, but you have insurance. You’ve religiously paid your premiums, so when you arrive to pick up your repaired vehicle at the auto body shop, you are shocked to discover that your auto insurance company has gone under, the shop hasn’t been paid, and it won’t release your car. At this point, despair sets in, but is soon replaced with hope in the form of the guaranty fund systems in place to cover claims of insolvent…

BREAKING: M-Plan drops employer HMO benefits

September 7, 2007

M-Plan Inc., central Indiana’s largest health maintenance organization, will phase out its HMO coverage for employers and is referring its clients to Anthem Blue Cross and Blue Shield. Anthem’s parent company, Indianapolis-based WellPoint Inc., made the announcement this morning. It said M-Plan covers 125,000 customers through its commercial HMO. A press release said that M-Plan […]

BREAKING: M-Plan drops employer HMO benefits

September 7, 2007

SURF THIS: Selling Bonds online-the baseball kind, anyway

September 3, 2007

Would you sell a piece of history? Let’s just say, for the purposes of this discussion, that you were in possession of a piece of history with a generally healthy market value-an 1884 Carson City $20 gold coin, for example. written notes from the Gettysburg Address. Or, say, the baseball that Barry Bonds hit to break Hank Aaron’s homerun record. Would you sell it? I wondered about this recently when I read that Matt Murphy, the fan who caught the…

Steam plant ups reliance on coal

September 3, 2007

Citizens Gas & Coke Utility shuttered its coke manufacturing plant earlier this summer, much to the relief of neighbors and
health officials who warned that its benzene emissions were a cancer threat. But regulatory filings show closing the plant
at Keystone Avenue and Prospect Street could result in more pollution downtown.

RETURN ON TECHNOLOGY: What gossip is the Web spreading about you?

September 3, 2007

In 2003, Barbra Streisand sued photographer Kenneth Adelman to try to force him to remove an aerial photo of her beachfront house from a public photo collection Adelman said was chronicling beach erosion in California. Suddenly, an obscure house on a shoreline jammed with rich people’s homes was highlighted all over the Web, along with the story of how Streisand was leaning on Adelman. Her attempt at intimidation detonated right under her manicured fingernails. Streisand lost three ways. Her $50…

Conrad owners tussle with project architect: Lawsuit alleges firms are owed more than $850,000 for work on $100 million downtown luxury hotel

September 3, 2007

The cranes and contractors have been gone from the site of the Conrad Indianapolis for about 18 months. But wrangling over the project continues in court. The private owners of the $100 million project are quarreling with prominent local architects Browning Day Mullins Dierdorf and New York-based engineering firm Cosentini Associates over how much they’re owed for their work. Both Browning and Cosentini have filed liens: Browning says it is owed $764,000; Cosentini claims $91,000. The owners say in a…

Ex-banker creates empire by buying, boosting sleepy businesses

September 3, 2007

Riverside Manufacturing was a sleepy New Castle firm with $5 million in sales when Fred Merritt bought it to try his hand
at running a company. Five years later, Riverside’s sales have grown a whopping 800 percent, it dominates its industry, and
Merritt, 39, is ready to work his magic on an Indianapolis company.

Displaced older workers abandon hopes of landing similar work

September 3, 2007

A growing percentage of men and women nationwide are reaching a career crossroads at a time when most would hope to have it
made. Almost a quarter of the 3.8 million Americans displaced from their jobs from 2003-2005 were 55 or older, according to
the U.S. Bureau of Labor Statistics, up from 21 percent in the prior three years.

Charity alliances in United Way’s shadow seek their share

August 27, 2007

Once a year, the CEO implores employees to sign pledge cards to the United Way. Local health and human services agencies that
benefit wait to redeem your tax-deductible gift. But others are preaching there’s another path to charitable-giving heaven.
Lesser-known federations continue to nip at the heels of the United Way establishment in the workplace.

INVESTING Tumult in credit markets can create opportunities:

August 27, 2007

The upheaval in the credit markets has cast doubt on whether the long list of the acquisitions announced months ago will be completed. Some of these deals will blow up, but there also is opportunity for investors who are able to weigh the probabilities a deal will be completed. The spread between the current market price and takeover price on many of the deals in the works offers potential arbitrage profits. An example of a deal that has a low…

New high school puts focus on workplace: Cristo Rey gives students taste of real employment

August 27, 2007

Terry Majors wants to make a name for himself in the business community, and he’s confident he’s well on his way to being successful. Making eye contact, he shakes hands firmly and confidently. He’s dressed neatly and professionally in a white, buttondown shirt and tie. His shoes are well-polished. He speaks in a friendly, yet authoritative, voice about a new job he will soon start. “It’s all about choices,” he says philosophically of life, as if he’s been making choices…

United Way seeks corporate help to promote reading: Fourth-grade program tries to attract 500 volunteers

August 27, 2007

Wanted: Corporate types willing to give an hour of time a week to a cause that is as critical as any business decision ever made. Must be willing to work with children. If interested, contact the United Way of Central Indiana. Intrigued? Then you might be a candidate for the ReadUP program, which aims to help fourth-graders within the Indianapolis Public Schools system become better readers. The ultimate goal is to produce more high school graduates for a district in…

States stake their tourism claims to Lincoln

August 27, 2007

With the 200th anniversary of Abraham Lincoln's birth approaching, Indiana, Illinois and Kentucky all are fighting for
a share of the bicentennial limelight. Each has a valid claim to the 16th president: Lincoln was born in Hodgenville, Ky.,
on April 12, 1809, moved to a southern
Indiana farm with his family at age 7, then moved to Illinois at 21.

WellPoint renews big California contract

August 24, 2007

Indianapolis-based WellPoint Inc. has received a three-year contract to administer medical claims for the California Public Employees Retirement System, according to Bloomberg. CalPERS, which buys health insurance for 1.2 million people, is one of the nation’s largest buyers of health benefits. WellPoint subsidiary Blue Cross of California has had the contract for eight years. UnitedHealth […]

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People

David Bordenkecher

Articles

VIEWPOINT: Why shouldn’t churches pay taxes?

Heart or head?: Intellect, emotions play role in most biz-location decisions

Emmis Dismisses Claims In Radio Lawsuit

Symons puts biz into Ch. 11, undercutting rival’s court win

New Image Fine Clothing Inc.: Clothier looking for the right fit After four years as a sideline, business becomes full-time job

Help in form of guaranty funds: Local women work to cover insurance claims-when your insurance company can’t

BREAKING: M-Plan drops employer HMO benefits

BREAKING: M-Plan drops employer HMO benefits

SURF THIS: Selling Bonds online-the baseball kind, anyway

Steam plant ups reliance on coal

RETURN ON TECHNOLOGY: What gossip is the Web spreading about you?

Conrad owners tussle with project architect: Lawsuit alleges firms are owed more than $850,000 for work on $100 million downtown luxury hotel

Ex-banker creates empire by buying, boosting sleepy businesses

Displaced older workers abandon hopes of landing similar work

Charity alliances in United Way’s shadow seek their share

INVESTING Tumult in credit markets can create opportunities:

New high school puts focus on workplace: Cristo Rey gives students taste of real employment

United Way seeks corporate help to promote reading: Fourth-grade program tries to attract 500 volunteers

States stake their tourism claims to Lincoln

WellPoint renews big California contract