Two neighboring utilities united by fiber in Hancock County
Unusual merger of Hancock Telecom and Central Indiana Power is paving the way for network deployment in rural areas.
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Anthem tries new ‘narrow network’ strategy
Anthem Blue Cross and Blue Shield has selected Community Health Network to be the “exclusive provider” for a new kind of health insurance plan—a sharp departure from Anthem’s typical strategy of offering the broadest network of hospitals and doctors.
BARANOWSKI: Indy is a great city, except…
It was my privilege to testify recently before the House Roads & Transportation Committee in support of House Bill 1011. I joined more than three dozen citizens, community leaders and elected officials to share our support for mass transit in central Indiana.
RUSTHOVEN: ‘Relevance’ is irrelevant
Among American liberals, coverage of Pope Benedict’s decision to resign and speculation about his successor take a predictable line. The Washington Post’s editorial is typical. The challenge facing the Roman Catholic Church, we are told, is “how to remain relevant to an increasingly secular world and to its own changing membership.” Benedict was a “conservative,” at times “reactionary,” who believed “only uncompromising adherence to past doctrine could preserve the faith.
Tax break would barely put dent in Speedway’s to-do list
The Indianapolis Motor Speedway will need far more money than it will get from a proposed state tax subsidy if it hopes to be in the top tier of U.S. racing venues, sports business experts said.
Bankruptcy stops condos’ auction
An Indianapolis developer’s last-minute bankruptcy filing halted the auction of a struggling downtown condominium project.
KIM: Protect yourself when buying mutual fund shares
While the concept of a mutual fund is beautiful in its simplicity, actually investing in one can be complicated.
HICKS: Let’s try a $25 minimum wage to end poverty
As the president noted, no one should doubt that raising a family while earning minimum wage is a hard business; perhaps that is why almost nobody does it.
BENNER: Think of Speedway’s tax push as a request for reimbursement
I don’t begrudge the Speedway asking for help. But will there be additional return on investment?
FEIGENBAUM: Budget negotiations will center on education, health care
You’ve heard the talk that the bottom-line reason for the General Assembly to meet this year is to fashion a two-year budget that will carry the state through June 30, 2015.
Does hybrid-tech startup have investors too revved up?
Echo Automotive trades on the OTC Bulletin Board, the Wild West of investing—where cheap stock prices and low trading volumes can translate into wild swings in stock price.
Witnesses: Don Marsh’s expenses never questioned
Lawyers for the former CEO of Marsh Supermarkets on Thursday hammered home their claims his expenses were widely accepted in the company as normal business costs, while witness testimony revealed a corporate culture that passed the buck on evaluating those costs.
Controversial Litebox CEO Yanagihara dies
The CEO of a West Coast-based business who promised in 2011 to bring more than 1,000 jobs to Indianapolis has died. Bob Yanagihara, founder of Litebox Inc., had been suffering from esophageal cancer. In 2011, alongside Gov. Mitch Daniels and Mayor Greg Ballard, Yanagihara announced plans to build a $21 million manufacturing plant on the northwest side and create the jobs. The state initially offered the then-50-year-old entrepreneur incentives worth a total of $11 million, but later revoked them when serious questions arose about Litebox’s ability to follow through on the project. It never materialized.
Judge to weigh moving Bisard trial
Lawyers and a judge are expected to discuss on Thursday where to hold the trial of an Indianapolis police officer accused of causing a fatal 2010 crash by driving drunk. A hearing for David Bisard is scheduled in a Marion County court. Judge Grant Hawkins said Dec. 6 that the case had generated too much publicity for Bisard to get a fair trial in central Indiana. Bisard faces charges of operating a vehicle while intoxicated, reckless homicide and criminal recklessness in the crash that killed 30-year-old Eric Wells and injured two others.
Controversial Litebox CEO Yanagihara dies
The CEO of a West Coast-based business who promised in 2011 to bring more than 1,000 jobs to Indianapolis has died. Bob Yanagihara, founder of Litebox Inc., had been suffering from esophageal cancer. In 2011, alongside Gov. Mitch Daniels and Mayor Greg Ballard, Yanagihara announced plans to build a $21 million manufacturing plant on the northwest side and create the jobs. The state initially offered the then-50-year-old entrepreneur incentives worth a total of $11 million, but later revoked them when serious questions arose about Litebox’s ability to follow through on the project. It never materialized.
Judge to weigh moving Bisard trial
Lawyers and a judge are expected to discuss on Thursday where to hold the trial of an Indianapolis police officer accused of causing a fatal 2010 crash by driving drunk. A hearing for David Bisard is scheduled in a Marion County court. Judge Grant Hawkins said Dec. 6 that the case had generated too much publicity for Bisard to get a fair trial in central Indiana. Bisard faces charges of operating a vehicle while intoxicated, reckless homicide and criminal recklessness in the crash that killed 30-year-old Eric Wells and injured two others.
Bill to support Speedway with state taxes passes committee
The Indiana Senate Appropriations Committee on Thursday morning unanimously passed a bill that would capture state tax money generated at the Indianapolis Motor Speedway and give it back to the track to improve the facility.
Angie’s List shares soar on first-ever quarterly profit
Shares of Angie's List shot up 26 percent, or $3.65 a share, in trading late Thursday morning as its latest quarterly report showed vastly improved results and indicated the firm might have turned the corner.
American, US Airways to merge, create world’s biggest carrier
The $11 billion deal could well result in the elimination of some overlapping routes the carriers operate out of Indianapolis International Airport. Together, the two airlines have a combined market share of nearly 24 percent in Indianapolis.