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Hitting the BIG TIME: ‘Big Joe’ Clark building national rep as investment commentator

September 29, 2008

The Anderson money manager known as “Big Joe” got his start as an independent insurance agent in Lafayette. He had been on the job just two weeks before Black Monday struck Wall Street in October 1987. The market shed more than 22 percent of its value, the largest one-day decline in U.S. history. With no clients and no money, the 20-year-old temporarily left the insurance industry and landed a job at AT&T’s old Western Electric division, helping rewire Ball State…

WellPoint pushes sales force to market life, dental, vision

September 22, 2008

WellPoint Inc. touts as the company’s biggest strength its dominant market share in its health insurance markets. But now
the officers of the company are working to branch out beyond health insurance. They’re training their sales force
on how to better sell dental, vision and even life and disability insurance–which WellPoint refers to as its specialty group
of products.

Orchestrating moves: Firm that specializes in relocating businesses conducting transition of its own

September 22, 2008

Moving coordinating company Relocation Strategies Inc. is used to dealing with companies in transition. Now the firm is undergoing one of its own-albeit of a different sort. Relocation Strategies founder David Bayse is relinquishing ownership to partner Melissa Lamb Brown in a purchase agreement set to be completed within the next four years. She already owns a majority of the business and will acquire the rest in stages. In the meantime, Bayse, 57, will continue to guide Brown, 39, who…

Ivy Tech cooking up plans for more culinary space

September 1, 2008

Ivy Tech cooking up plans for more culinary space Growing program hopes to build $7 million school at Glick Center Popular television cooking shows such as “Iron Chef,” “Emeril Live,” “Top Chef” and, dare we mention, “Hell’s Kitchen,” have brought the interest in culinary careers to a boil. To help meet demand locally, Indiana Business College opened a Chef’s Academy downtown nearly two years ago. Now, Ivy Tech Community College is expanding its existing program by building a culinary school…

Ivy Tech cooking up plans for more culinary space: Growing program hopes to build $7 million school at Glick Center

September 1, 2008

Popular television cooking shows such as “Iron Chef,” “Emeril Live,” “Top Chef” and, dare we mention, “Hell’s Kitchen,” have brought the interest in culinary careers to a boil. To help meet demand locally, Indiana Business College opened a Chef’s Academy downtown nearly two years ago. Now, Ivy Tech Community College is expanding its existing program by building a culinary school in Indianapolis at the Gene B. Glick Junior Achievement Education Center on North Keystone Avenue. Enrollment in Ivy Tech’s two-year…

Charter Homes builder draws scrutiny for odd sales claims, multiple liens

August 25, 2008

Charter Homes owner Jerry Jaquess fancies himself a white knight for King Park, a neighborhood once known mainly for its
rampant crime, boarded-up homes and vacant lots. But as he’s constructed a slew of homes and carriage houses there, the local
builder has stirred up several lawsuits, dozens of liens and persistent questions about whether his business is legit.

Billiondollar chance: OneAmerica foresees huge growth opportunity in long-term-care policies thanks to new tax breaks

August 25, 2008

That’s when new tax benefits kick in for an unusual kind of long-term-care insurance, called asset-based longterm care. The Indianapolisbased life insurer is betting those tax breaks send a wave of money flooding toward asset-based long-term-care policies, which one of its subsidiaries has sold for nearly 20 years. With people living longer and the 70 million baby boomers aging, the need to pay for long-term care, such as in-home elder care and assisted-living facilities, is sure to rise. “We see…

Developers fear stricter IDEM cleanup rules

August 25, 2008

State environmental regulators are catching an earful for what some businesses complain is a rush to aggressive new rules
for remediating land contamination. Developers worry the Indiana Department of Environmental Management’s proposals, which
could require comprehensive site cleanup, will discourage brownfield redevelopment, especially the reuse of tainted-but-valuable
land in urban areas.

INVESTING: Beware of advice as you seek wisdom on Internet

August 25, 2008

Most people abide by the doctrine that you cannot believe everything you read. That principle is all the more relevant today for anyone accessing the massive reservoir of information available over the Internet. The latest Web trend is the “blog,” where anyone with an opinion and modest technological know-how can instantly appear to be an authority on a chosen subject. Investors need to be particularly alert to “articles” that on the surface may pass as knowledgeable, yet upon closer inspection…

Lawsuits stem from hiring of sales reps: Big device makers battle to protect trade secrets

August 11, 2008

A spate of lawsuits involving the state’s largest medical-device makers underscores the fiercely competitive nature of the life sciences sector, particularly when the billion-dollar companies need to protect trade secrets. Warsaw orthopedics manufacturer Biomet Inc., Indiana’s fourth-largest private company, is at the center of much of the messy litigation, which stems from a former sales representative’s move to rival Zimmer Holdings Inc., also based in Warsaw. In two unrelated lawsuits, Biomet sued in July 2007 the Kentucky sales rep and…

Strip-mall developer scales back as housing slump hurts small retail centers

August 4, 2008

A local developer known for its strip centers has stopped building new projects, scaled back its staff, and is trying to
unload several of its properties in an apparent bid to survive. Williams Realty Group earlier this year
shuttered its custom-home-building operation, DayMarc Homes, and now observers are wondering if owners Dave
Crockett and Marc Freije can keep the rest of Williams afloat.

Budget cuts loom for arts, parks as mayor tries to lessen deficit

August 4, 2008

After Mayor Greg Ballard’s upset victory at the polls last November, local arts leaders were in a panic. They worried the
no-nonsense former Marine would put public safety on a pedestal and slash Indianapolis’ funding for cultural groups.

Doctors put records in patients’ pockets:

July 21, 2008

Arming patients with portable electronic medical records that physicians can access during emergencies is becoming more prevalent among health care providers. The Heart Center of Indiana in Carmel, a partnership between St. Vincent Health and The Care Group Inc., the state’s largest cardiology group, recently started the practice. Community Health Network and Dr. Tim Story, who chairs the largest group of physicians at Clarian North Medical Center, are among others who have rolled out portable records systems. The health information…

PRICKING up interest: Acupuncture businesses could be on the rise after state drops doctor-referral requirement

July 21, 2008

A new law that went into effect July 1 says patients no longer need a physician referral before receiving acupuncture treatments. The upshot for a profession that only became legal in the state within the past 10 years is that acupuncturists should benefit from a boost in business. Competition is expected to increase as well, as the favorable conditions could prompt more of them to seek licenses in Indiana. The referral requirement has been a thorn in the side of…

Fishers planning tech incubator: Town hires former IU Emerging Technology Center chief to lead biz park

July 14, 2008

Fast-growing Fishers has the kind of assets economic developers dream about-strong schools, affordable housing and median family income of $81,971. Now the town wants to build on that foundation by adding a high-tech business park to its list of amenities. “Businesses are looking to come to a site where they can find employees with the requisite level of education and the ability to get additional education close by. Education is the key,” said Fishers Town Council President Scott Faultless. “We…

Candidates surface for IU’s athletic director job

July 7, 2008

Well-known names are bubbling to the top as speculation heats up about who will replace embattled Indiana University Athletic
Director Rick Greenspan and how much money the job will command. Greenspan announced June 26 that he’ll step down at the end
of the year. The decision came after the NCAA added to the list of charges facing IU’s men’s basketball program over rules
violations under former Coach Kelvin Sampson.

Community dips toe into social networking: Hospital encourages patients to create blogs

June 30, 2008

Facebook and MySpace have harnessed the Internet to revolutionize how Americans keep in touch. Could providers of health care do the same? Indianapolis-based Community Health Network is trying to find out. It has opened its Web site to allow its patients to create their own MySpace-like pages to keep their family and friends informed about their treatment or about their new baby. Community’s Web site also hosts discussion forums for various groups of patients, such as new moms, cancer patients,…

Commentary: Wishing Nat City a speedy recovery

June 30, 2008

On June 19, The New York Times business section led with an article titled, “Regional Banks are Rocked.” The accompanying graphic indicated that National City Bank lost 86 percent of its market value since the beginning of this year. No wonder. The news has not been good. On June 10, Peter Raskind, chairman and CEO of National City, acknowledged publicly that on Feb. 5, the bank had been placed under a memorandum of understanding by the comptroller of the currency….

EYE ON THE PIE: Data can work for both candidates

June 16, 2008

Last night I had a stressful dream. Instead of being the well-integrated personality that I am, in my dream I am twins. One twin is an adviser on economic matters for Gov. Mitch Daniels and the other serves in the same capacity for challenger Jill Long Each twin plows through economic data. He spins statistics that make the favored candidate’s arguments look good. The twin for Mitch argues how well Indiana’s economy is performing; the twin working for Jill makes…

VOICES FROM THE INDUSTRY: Remember the consumer in ‘consumer-driven’ plans

June 9, 2008

While many businesses have made the phrase “consumerdirected health care” a standard part of benefits conversations, too many have failed to do the one thing that will make this approach successful: treat employees like consumers. Instead, employers have “communicat ed” this new benefit trend the same old way, with jargon-laced handouts, uninformative brochures and dry presentations. No wonder all employees aren’t embracing consumer-directed health care. Researchers wouldn’t be surprised by employees’ slow adoption. Studies show that employees typically are more…

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Articles

Hitting the BIG TIME: ‘Big Joe’ Clark building national rep as investment commentator

WellPoint pushes sales force to market life, dental, vision

Orchestrating moves: Firm that specializes in relocating businesses conducting transition of its own

Ivy Tech cooking up plans for more culinary space

Ivy Tech cooking up plans for more culinary space: Growing program hopes to build $7 million school at Glick Center

Charter Homes builder draws scrutiny for odd sales claims, multiple liens

Billiondollar chance: OneAmerica foresees huge growth opportunity in long-term-care policies thanks to new tax breaks

Developers fear stricter IDEM cleanup rules

INVESTING: Beware of advice as you seek wisdom on Internet

Lawsuits stem from hiring of sales reps: Big device makers battle to protect trade secrets

Strip-mall developer scales back as housing slump hurts small retail centers

Budget cuts loom for arts, parks as mayor tries to lessen deficit

Doctors put records in patients’ pockets:

PRICKING up interest: Acupuncture businesses could be on the rise after state drops doctor-referral requirement

Fishers planning tech incubator: Town hires former IU Emerging Technology Center chief to lead biz park

Candidates surface for IU’s athletic director job

Community dips toe into social networking: Hospital encourages patients to create blogs

Commentary: Wishing Nat City a speedy recovery

EYE ON THE PIE: Data can work for both candidates

VOICES FROM THE INDUSTRY: Remember the consumer in ‘consumer-driven’ plans