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Articles

Conner Prairie testing ideas for new exhibits: Officials consider virtual canoe ride, hearthside dinners in effort to keep museum’s attendance on upswing

April 30, 2007

The possibilities are intriguing: A tethered hot-air balloon ride. Old-time hearthside dinners prepared with farm-fresh ingredients. A wilderness-skill challenge that includes rock climbing and a virtual canoe ride. Leaders at Conner Prairie are weighing which-if any-of those ideas would be a good fit at the Hamilton County living history museum, which is focusing on its future even as it works to preserve the past. “The board is very committed to the idea that Conner Prairie must remain relevant and exciting…

BULLS & BEARS: Sectors of stock market swing in and out of favor

April 30, 2007

I hated chemistry class in high school. Beakers and Bunsen burners were fun, but memorizing the periodic table of elements was torture for my ADD brain. All those little boxes with different colors stacked up in rows with the twoletter symbols and numbers of protons and neutrons boggled my mind. Today, though, a periodic table provides valuable instruction in my business. I am not talking about the periodic table with hydrogen, einsteinium and nobelium on it. The table valuable to…

Embarking on a new Venture: New leader planning progressive changes at center, not a total revamping

April 30, 2007

The new leader of the Indiana Venture Center is beginning to put his stamp on the not-for-profit that mentors promising startups. James Eifert, 64, is the former president of Terre Haute-based Rose-Hulman Ventures who took charge of the center in December following the July resignation of Steve Beck. Beck left to become co-managing director of IVC Equity Partners, a new local seed-capital fund. Chief items on Eifert’s to-do list are broadening the donor base, revamping the Venture Center’s proprietary network…

SPORTS: The Attucks story finally finds a national audience

April 30, 2007

Inspiration is timeless. In that regard, it doesn’t matter that two years after its initial release and 52 years after the fact, the story of the Crispus Attucks Tigers and their amazing coach, Ray Crowe, is finally being shared with the nation. On April 27, “Something To Cheer About,” the documentary that chronicles the triumphs and travails of the Attucks teams of the 1950s, opened in nine markets: New York; Los Angeles; Chicago; Detroit; Washington, D.C.; Atlanta; Minneapolis; Dallas; and,…

Comcast poised to debut business phone service: Cable giant, already a player in residential market, plans to use low prices to win customers from AT&T

April 30, 2007

The turf war between what used to be clearly defined as phone and cable companies will heat up this summer, when Comcast Corp. plans to launch phone service to businesses in the metro area. Philadelphia-based Comcast already offers residential phone service and highspeed Internet to most of its Indiana customers. Those have long been the bread and butter of phone giants such as AT&T. In the tit-for-tat nature of the blurring product offerings between cable and phone, AT&T late last…

Emmis structure is good for city: CEO’s clout helps avert buyout

April 30, 2007

It’s easy to understand why investors are grumbling about Emmis Communications Corp. CEO Jeff Smulyan. The company’s stock has tumbled in recent years, and some of the ways Smulyan has been choosing to use the company’s capital look misguided. Last year, for instance, Wall Street booed when Emmis helped back Smulyan’s ultimately unsuccessful bid to buy the Washington Nationals baseball team. And, with the benefit of hindsight, the company in 2005 woefully overpaid when it spent $395 million to buy…

UPDATE: WellPoint stock slides despite strong profits

April 25, 2007

Shares of WellPoint Inc. tumbled in pre-market trading even after the Indianapolis health benefits firm reported strong first-quarter growth. The stock fell 4.7 percent before markets opened today and was trading at $78.35 as of 9:15 a.m. One concern was a rise in WellPoint’s benefit expense ratio, or the amount of claims it pays relative […]

Wikipedia for art?: IMA leads $1M project to bring museums to the masses

April 23, 2007

The Indianapolis Museum of Art took over administration this month of a national effort to develop an online database that could make art more accessible to the masses. The two-year project, which got rolling last fall with $1 million in funding, revolves around a Web site that allows aficionados to look at images of artwork held by 10 museums and input descriptions in their own words. Museums then could use the free software for search engines where everyday people can…

Disease management proves less of a success: Indiana Medicaid quietly cuts savings estimate

April 23, 2007

In October 2005, Indiana’s Medicaid program touted that it could save the state $29 million a year through disease management, a program aimed at reducing the medical costs of patients with chronic illnesses. But now, those estimated savings quietly have been slashed more than 75 percent. And one critic of Indiana’s program says it is likely achieving even less in savings. The debate over the effectiveness of the Indiana Chronic Disease Management Program comes as the state moves to triple…

UPDATE: Shares of Hat World parent leap

April 20, 2007

Shares of Tennessee-based Genesco Inc.—parent of Indianapolis-based Hat World—rocketed higher this morning after New York-based Foot Locker Inc. offered $1.2 billion for Genesco.   Genesco owns several other chains, including Journeys and Johnston & Murphy. Hat World, which has more than 700 locations, accounted for about 23 percent of Genesco’s $1.46 billion in sales in […]

BREAKING: Foot Locker bids for Hat World parent

April 20, 2007

New York-based Foot Locker Inc. this morning offered to buy Tennessee-based Genesco Inc. for $1.2 billion—a deal apparently driven by Foot Locker’s desire to gain ownership of Genesco’s Indianapolis-based Hat World unit. Talk of a possible deal has been brewing for weeks. Women’s Wear Daily reported last month that Foot Locker planned to open its […]

Lucas Oil to pitch $1 million toward Super Bowl bid

April 19, 2007

Forrest Lucas announced this morning that his company, Lucas Oil Products, has pledged $1 million toward the city’s bid to host the 2011 Super Bowl. The game would be played in the new stadium for which the California businessman paid $121 million to gain naming rights. A not-for-profit launched to bid for the game with […]

Butler fights with small athletic budget to keep coaches

April 16, 2007

Butler University is running with the big dogs these days in men’s NCAA Division I college basketball–at least on the court.
Financially, though, the Bulldogs face a difficult dilemma in chasing after programs with bigger budgetary bones.

Citizens Gas proposing billing overhaul

April 16, 2007

Citizens Gas & Coke Utility has revived its pitch for a regulatory plan that would fundamentally change the way it bills customers,
helping it cover rising expenses as gas sales fall. The plan would create an expanded energy conservation program that could
include rebates for customers who buy gas-efficient furnaces and appliances.

Indiana turns up schmoozing efforts

April 16, 2007

Economic development officials say networking is the first step in a process that, when successful, leads to industrial plant
expansions and company headquarters relocations. Travel, food, gifts and entertainment, they argue, are a necessary cost of
attracting jobs to Indiana.

Local companies get Taiwanese perspective: Butler University program brings 23 interns to Indy

April 16, 2007

The java stands Hubbard & Cravens Coffee Co. opened a year ago within Clarian Health Partners’ three downtown hospitals are brewing a rich aroma of results. Yet executives of the locally based coffee retailer and wholesaler know sales could be sweeter. “The hospitals are so huge that we don’t capture even a third of what we could,” said Marcie Hubbard, director of store operations. “So the question is, how do you reach everybody in that entire hospital?” The 23 Taiwanese…

Fred Glass brings city’s ‘to do’ list to life

April 16, 2007

Fred Glass, president of the city's Capital Improvement Board, headed historic transitions in both the mayor’s and governor’s
offices and has become the go-to guy for some of the city’s biggest initiatives, most of them sports-related.

PROFILE: ISA Forensics: Digging up dirt Forensics firm recovers evidence from computers, analyzes audio Much like his counterparts on TV’s “CSI” or “Law & Order,” Darren Miller ferrets out forensic information in pursuit of justice.

April 9, 2007

ISA Forensics Digging up dirt Forensics firm recovers evidence from computers, analyzes audio Much like his counterparts on TV’s “CSI” or “Law & Order,” Darren Miller ferrets out forensic information in pursuit of justice. But unlike his fictional colleagues who work for prosecutors, Miller and his ISA Forensics team work mostly with defense attorneys, looking for exculpatory and incriminating evidence that will help or hurt their clients. Their crime scene: computers, tapes, disks and other data devices. Using the same…

SPORTS: No Indiana teams but plenty of Hoosier flavor

April 9, 2007

ATLANTA – At the Final Four last week, I was reminded that even without a team, Indiana was well represented. It began at the United States Basketball Writers Association breakfast on the Friday morning before the national semifinals. The occasion was the presentation of the USBWA’s Oscar Robertson Trophy to the player of the year, which happened to be Kevin Durant from Texas. Robertson, the Crispus Attucks great who went on to star at the University of Cincinnati-and who was…

NFL plan puts hit on Colts

April 9, 2007

A new National Football League policy could cost the Indianapolis Colts $56 million in league revenue sharing in the decade
following the opening of Lucas Oil Stadium. The policy
puts more pressure on the Colts to compete with revenue-generating giants such as the Washington Redskins and Dallas Cowboys.

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