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Articles

Indiana’s venture capital flow slows-WEB ONLY

January 9, 2009

The flow of life sciences venture capital tailed off in Indiana last year compared with 2007, but the state still attracted twice as many dollars as in 2006. Hoosier life sciences firms pulled in a combined $75.4 million in venture capital last year, according to data compiled by BioEnterprise, a Cleveland-based life sciences development group, […]

Clean-air trial attorneys escape discipline-WEB ONLY

January 13, 2009

A federal judge in Indianapolis has decided disciplinary actions aren’t needed against a handful of attorneys relating to their conduct in a clean-air trial last year, though he hasn’t changed his mind about setting aside the jury verdict and holding a new trial as a result of the behavior of in-house counsel. U.S. District Judge […]

Fortune posts quarterly profit of $44K-WEB ONLY

January 15, 2009

Fortune Industries Inc. eked out a profit of $44,000 in its first fiscal quarter – up from $10,000 in 2007 – even as revenue dropped to $36.2 million from $43.8 million in the same period last year. The Indianapolis-based company yesterday announced financial results for the quarter ended Nov. 30. “We are ecstatic to have […]

SPORTS: A changing of the guard, without the drama-WEB ONLY

January 17, 2009

By nature, coaching is a transient profession, increasingly so in these days of not-soguaranteed contracts (by either the employer or employee) and the mentality of, “What have you done for us?” not lately, but, uh, like today. Or an hour ago. For some, the only thing shorter than attention span is perspective. So, for the […]

Old St. V may be rescued-WEB ONLY

January 17, 2009

Ivy Tech Community College is working with private developers on a plan to turn the old St. Vincent Hospital on Fall Creek Parkway into a housing complex for Ivy Tech and IUPUI students. The developers, Paramount Realty Group and Alboher Development Co. Inc., would get the building and a 100-year land lease on the property […]

Funding cuts delay life science efforts-WEB ONLY

January 17, 2009

When Indiana University President Michael McRobbie and Purdue University counterpart France Córdova announced their Indiana Innovation Alliance in June, the leaders promised the pact would bring unprecedented cooperation between the state’s top research institutions. They’d share research facilities and capabilities with each other and with bioscience companies that covet access to a mass spectrometer or […]

Spotlight on Hamilton County

January 19, 2009

Spotlight on Hamilton County Named for Alexander Hamilton, a member of the Continental Congress and a framer of the U.S. Constitution 5 LARGEST CITIES/TOWNS population Carmel ……………………………………….68,677 Fishers ……………………………………….65,382 Noblesville ………………………………….41,561 Westfield …………………………………….20,459 Cicero ………………………………………….4,439 Sources: U.S. Census Bureau special census (Fishers and Carmel) and July 2007 estimates 5 LARGEST EMPLOYERS employees Roche Diagnostics………………………….3,650 Conseco […]

Is retractable roof waste of money?

January 19, 2009

It was partly sunny, and in the mid to high 70s yesterday in Glendale, Ariz. And the roof on the Arizona Cardinals’ football stadium was closed for the NFC Championship game against the…

Cost of a convertible?

January 22, 2009

Lucas Oil Stadium’s retractable roof continues to be the center of much debate. How much use the convertible ceiling at LOS will get remains to be seen. But after a few phone calls…

Indianapolis ‘raising the game’ for tourism

January 22, 2009

Lackluster economy be darned, Indianapolis’ tourism trade gained ground in 2008. And the city’s new head cheerleader has even
higher hopes for this year and beyond.

Suit boosts Hilbert’s foul-play fears-WEB ONLY

January 24, 2009

Indianapolis businessman Steve Hilbert fears foul play in the recent death of his mother-in-law-a suspicion fueled by a new federal lawsuit alleging a woman by the same name was caught up in a $15-million life insurance fraud scheme. Though he acknowledges having no hard evidence, Hilbert said he has asked law enforcement authorities to reopen […]

Transit group forging plan-WEB ONLY

January 24, 2009

With commuter trains stuck at the proverbial station despite decades of studies, a businessled coalition is barreling forth with its own plan to study multimodal transportation and related land use. The newly formed Central Indiana Transit Task Force won’t stop at studying opportunities to link rail and buses in the metro area. It will also […]

EASY TARGETS?-WEB ONLY

January 24, 2009

Not so long ago, most Indiana public companies were firmly in control of their destinies. Now after seeing their stock prices plunge, many would be little more than sitting ducks were outsiders to launch takeover bids. If anybody’s still got the money and chutzpah to buy, that is. “The year will be dominated by buyers with […]

More high schoolers enrolling in college

January 26, 2009

Fall Creek Academy is among a growing number of high schools that enroll their students to take classes at colleges, earning
credit toward both a high school and a college degree.

Financial crisis, recession hammer deal flow

January 26, 2009

Companies searching for a merger or acquisition partner had one heck of a time finding a match last year. Place much of the
blame on the credit crunch that rattled the nation’s economy and sent deal-making into a downward spiral.

TV move: Genius or desperation?

January 26, 2009

My reaction to last year’s announcement that the Indy Racing League was parting ways with ESPN for lesser known cable channel, Versus, was the same as a lot of the readers of this…

Expert: Put conditions on Pacers bailout-WEB ONLY

January 28, 2009

Marion County’s Capital Improvement Board may be preparing to swallow an extra $15 million in expenses to keep the Indiana Pacers in town, but one sports business expert said the aid shouldn’t come without conditions. “They have to demand something in return from the Pacers, either more community involvement or some measures from management to […]

Expert: Put conditions on Pacers bailout-WEB ONLY

January 28, 2009

Marion County‘s Capital Improvement Board may be preparing to swallow an extra $15 million in expenses to keep the Indiana Pacers in town, but one sports business expert said the aid shouldn’t come without conditions. “They have to demand something in return from the Pacers, either more community involvement or some measures from management to […]

SPORTS: In hard times, is big-time sports willing to budge?-WEB ONLY

January 31, 2009

On Jan. 27, the Indianapolis Colts pinkslipped 25 front-office employees. The next day, the Capital Improvement Board announced that operating costs for Lucas Oil Stadium and Conseco Fieldhouse are running millions of dollars in the red. Both brought to mind a column I wrote a while back, wondering when big-time sports, both professional and collegiate, […]

In hard times, is big-time sports willing to budge?

February 2, 2009

Even as the economy spirals downward, no one gives a thought to bringing some kind of fiscal sanity to the overall enterprise of sports.

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