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Articles

SPORTS: NBA’s delayed-entry rule, Michelin’s move and more

July 4, 2005

So much news, so little space. Item: The NBA and its players’ association enter into a new collective bargaining agreement that will increase the age for draft eligibility to 19, or to one year after an athlete’s high school class has graduated. Reaction: Perhaps the NBA and its players’ association believed they were tossing those involved in college basketball a bone by raising the age limit. If so, it is a bone that likely will stick in the throats of…

Marian College launches motorsports curriculum: Classes to focus on business side of racing

July 4, 2005

This fall, Marian College will begin offering a unique curriculum focused on the business of motorsports. Initially, motorsports-related classes will be offered within Marian’s sports management program, but school officials said they’d like to expand the program to offer a minor and major in motorsports management. Unlike programs at Purdue University, IUPUI and Rose-Hulman Institute of Technology, Marian’s courses will not focus on computers and engineering. Instead, the program will instruct students in marketing, communications, sales and business management in…

Universities reach out to improve diversity: Purdue, IU use local offices to lure minority suppliers

July 4, 2005

Purdue University’s most recent step includes opening an office in Indianapolis that will serve as a contact point for minority-owned companies that are interested in doing business with the school. Purdue also is becoming one of the major sponsors of the annual Indiana Black Expo. These two projects are being headed by Jesse Moore, who became Purdue’s manager for supplier diversity development in February. Moore previously led the Indianapolis Black Chamber of Commerce for nine years. Officials say it’s important…

NOTIONS: Will you try to transform or get stuck with status quo?

July 4, 2005

It’s 4 a.m. I’m supposed to be writing by now, knitting you a tale about transformation. But the notions have yet to coalesce. So I lie in bed, watching through my bay window as a storm rolls through, igniting the sky with flashes of light. It’s 4:27 a.m. I awaken again and flip on the TV, the sound muted so as not to disturb my son’s slumber in the next room. The channel I was watching last night now shows…

Colts tout new stadium: Zupancic adds muscle to sales and marketing efforts

July 11, 2005

A multifaceted sales and marketing effort is being executed amid a front-office reorganization that includes replacing the team’s longtime marketing mastermind and adding nine positions to bolster ticket and sponsorship sales. The offensive is being quarterbacked by former strength and conditioning coach Tom Zupancic, who took over for Ray Compton when Compton left this off-season to form a consulting firm. The team says its sales and marketing initiative is already putting up big numbers, but today’s good news will quickly…

Degree combines medicine, business: IU grads put in 5 years to earn combo MD/MBA

July 11, 2005

Tell people you have your MD and they’ll likely be impressed. Tell them you also have an MBA-well, now you’re just showing off. For four recent Indiana University graduates, however, impressing others had nothing to do with their decision to pursue simultaneous medical and business degrees. It’s all about making their way in the increasingly complicated field of health care, where being a good doctor is about more than having the highest grades in medical school. The four students received…

Employers promoting fitness: To battle steep insurance costs, businesses help employees get healthier

July 11, 2005

Wearing a pedometer, Kelly Dircksen treads 2,000 or so steps a day at the office, racking up her highest counts in her treks to the photocopier. Her 2-1/2-mile daily goal entails after-work walks, as well. The 34-year-old quoting specialist said her company pays 50 percent of any fitness-related costs for her and her family, including a Weight Watchers program, running shoes for her kids, and the entry fee for her son’s marathon. “I’m definitely healthier,” said Dircksen, who celebrates incremental…

GERALD BEPKO Commentary: Unusual students offer hope for future

July 11, 2005

GERALD BEPKO Commentary Unusual students offer hope for future I often say this is the best time in the history of the world to be alive and that Indianapolis is among the best places. I believe this devoutly, but every now and then my sanguine outlook is put to the test. For example, I heard that author Jim Collins recently opened a discussion by asking if America had gone from “great to good.” Usually, I’m able to stay focused on…

RETURN ON TECHNOLOGY: Here’s the secret to painless wireless hookups

July 11, 2005

Last time, in the June 27 issue, we explored the basics of data WiFi, which is often just called “wireless.” This time, we’ll look at how you hook up your laptop or notebook to a wireless provider. Wireless works pretty much like a cell phone does, except that you’re exchanging data packets, not voice. Therefore, you need the computer equivalent of a cell phone. Most new notebook computers come with built-in wireless hardware that you’ll never physically see, because it’s…

Purdue, Regenstrief look for ways to trim health costs: Health & Hospital Association a ‘real-world’ partner

July 11, 2005

“Ultimately, we think the benefits of the partnership will be more efficient, costeffective care to the citizens of Indiana,” Morr said. “The bottom line is, how can we do what we do better?” Small and medium-size hospitals, which typically do not have people on staff dedicated to study the types of issues the Regenstrief center will tackle, could benefit most from the affiliation, Morr said. Ed Abel, director in charge of health care services for the locally based Blue &…

NOTIONS: Dear Lance: How ’bout beyond-the-bike immortality?

July 11, 2005

Dear Lance: I’ve got an idea. I thought you might noodle it during that 239-kilometer, Stage 17 ride from Pau to Revel. It might keep your mind off those flags people wave in your face. By way of background, you and I have much in common. Like you, I’m a cancer survivor. As in your case, a physician from the Indiana University School of Medicine figured out how to treat mine after others had botched it. Like you, I ride…

Incentives take aim at rising fuel costs: State pumps out grants for company vehicles using alternative fuels

July 18, 2005

A combination of soaring gasoline prices, state grants and environmental idealism have whet appetites among businesses for “alternative fuel vehicles” such as this batterypowered Global Electric Motorcars model. A $3,996 grant from the Lieutenant Governor’s Office paid for about one-third the cost of the Pizza Express vehicle, manufactured by a DaimlerChrysler subsidiary. “Industries such as ours should be pioneers in the electric vehicle frontier,” said Gabe Connell, franchisee of the Pizza Express restaurants near IUPUI and in Broad Ripple. As…

Scammer targets local trust: E-mail scheme seeks data from Pulliam grant recipients

July 18, 2005

An Internet scammer borrowed the identity of a high-profile local foundation this month, blasting out an error-riddled e-mail message that solicited personal information from former grant recipients. Leaders of the Nina Mason Pulliam Charitable Trust responded by sending its own e-mail to all 2,400 individuals on its electronic contact list, instructing them to disregard the fake missive that promised a $2.5 million grant. Fallout from the so-called phishing attack appears to be minimal so far, trust CEO Harriet M. Ivey…

SPORTS: A history lesson for 21st century stadium critics

July 25, 2005

It is Oct. 20, 1971. I am standing near Market and Alabama streets, where the groundbreaking has taken place for a venue to be called Market Square Arena. The price tag is a salty $23 million, and the project has attracted critics and naysayers who wonder about the city’s priorities, especially since our mayor, Richard Lugar, is using federal revenuesharing funds to help pay for the arena. Plus, Lugar has this wacky idea about using the arena as a catalyst…

Ex-IPL officer fights utility: Claims wrongful termination, financial trickery

July 25, 2005

Not even a lineman at Indianapolis Power & Light Co. has more nerve than Dwane Ingalls. Floored that IPL’s CEO, Ann Murtlow, didn’t share his concerns that IPL was sending excessive cash to parent AES Corp. at the expense of electric-service reliability, the IPL vice president scheduled a meeting in mid-2003 at the Maryland home of AES CEO Paul Hanrahan. Hanrahan apparently didn’t see things Ingalls’ way. Within a year of the meeting, Murtlow terminated the 14-year AES employee. Now,…

Making way for a MONSTER: Airport to dish out millions to accommodate Airbus A380

July 25, 2005

The 7,700 acres that are Indianapolis International Airport may soon look like the city squashed by Godzilla-when big, bad A380 comes to town. And it is likely to cost tens of millions of dollars to keep the beast happy. The A380 is the Airbus Industrie superjumbo jet. Airport managers want to start crunching-er, make that estimating-what it will cost to accommodate the world’s biggest airliner. They plan to ask the Indianapolis Airport Authority board for $200,000 from the 2006 airport…

An old-school approach: Woodley Farra Manion takes its large-cap strategy into the institutional market

July 25, 2005

Circa 1999, high-tech growth stocks were going up, up, up. Professional investment advisers hardly seemed necessary. And a strategy focused on unadventurous large-cap value sounded downright old school. “There were clients at the cocktail parties,” remembered Woodley Farra Manion Portfolio Management Inc. cofounder and principal George Farra. “They heard about their friends who had [quickly] doubled their money, and it all looked pretty easy.” But today, most investors still feel the sting of their recession-induced losses. Ironically, the dot-com bust…

Insurers look to make uncommon comeback: Pafco, Superior hope to leave rehabilitation this year

July 25, 2005

Only the hum of central air-conditioning broke the silence when Doug Symons recently led a quick tour of the Indianapolis office where his Superior Insurance Group once employed about 180 people. Rows of gray cubicles sat empty. Boxes filled with old claims and underwriting files lined the aisles. “This,” Symons said as he waved his arms around, “is what an empty office looks like waiting to be filled.” Those bare cubicles could fill up with dozens of new employees and…

Planner sinks his teeth into dentists’ finances: Four Quadrant builds business around one industry

July 25, 2005

Dentists know a lot about operating a dental drill, but sometimes not so much about operating a business. That’s where Four Quadrant Wealth Advisors likes to comes in. Indianapolis-based Four Quadrant provides its dental clients with financial advice on everything from running the money side of their practices to building their retirement funds. As one of a fairly small number of financial advice firms that focus on a single type of client, Four Quadrants limits its clients to dentists or…

BEHIND THE NEWS: Neither SEC, Dick in rush to bring fraud suit to trial

July 25, 2005

The Securities a n d E x c h a n g e Commission didn’t file its civil-fraud suit against former Conseco Inc. Chief Financial Officer Rollin Dick until 2004, four years after he resigned under pressure. Under a timetable approved by federal Magistrate Judge V. Sue Shields July 14, Dick won’t stand trial until May 2007 at the earliest. By then, he will have turned 75, and the transactions challenged by the SEC will be more than seven years…

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