Senate bill would stop paying gambling counties
The change would save the state $24 million in 2015 and another $48 million each year thereafter—all money that’s now being collected from gambling taxes and sent to cities, towns and counties.
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Pence ‘very disappointed’ by House GOP budget plan
Gov. Mike Pence is unhappy with a two-year budget proposal from House Republicans released Friday that would replace his proposed tax cut with more funding for education and roads. Pence closed his Statehouse office Friday morning for “out of office staff meetings.”
Ballard: Don’t measure trade missions by new jobs
About to embark on his eighth trade mission since 2008, Indianapolis Mayor Greg Ballard is committed to keeping up the city’s international profile, regardless of whether that results in a major economic-development deal.
Allos Ventures raises $40 million for early-stage tech firms
Allos Ventures has raised $40 million from local tech industry luminaries and others to invest in early-stage tech companies in the Midwest, a segment that has seen funding dry up. The fund, Allos II, aims to invest $3 million to $7 million each in about a dozen early-stage companies—not upstarts but those already generating solid revenue streams.
Executives’ transitions to not-for-profits often awkward
Small not-for-profits’ strategy of recruiting big-business executives for top posts has had mixed results since coming into vogue in the 1990s. For some of the executives, the transitions is a culture shock.
PROXY CORNER: Bioanalytical Systems Inc.
West Lafayette-based Bioanalytical Systems Inc. is a provider of contract-research services to the pharmaceutical industry.
DINING: Divide conquers bar-food challenges with casual style
Third in a month-long series of “possessive men” restaurant reviews.
Indiana tries to close loophole that helped Durham commit fraud in Ohio
The legislature is considering a bill that would require intrastate securities offerings to file audited financials, a safeguard that caused trouble for Fair Finance investors.
Even salvage auto buyers now have an app to make purchases easier
Bids have been taken via smart-phone applications for more than a year. Now a unit of Carmel-based KAR Auction Services has introduced an app to make paying easier.
LOU’S VIEWS: Making it up for 20 years
At an awards-show parodying gala, ComedySportz celebrated two decades of spontaneous laugh-making.
Radio’s real problem
As a former radio personality (NPR and later WHAS-AM 840 in Louisville and other stations) and broadcast operations manager and intern supervisor at the University of Louisville), I continue to shake my head at Emmis and boss Jeff Smulyan’s total swivet with cell phone operators for refusing to put radio tuners on their phones or switch them on if they exist.
MAURER: One politician getting a second chance
That irrepressible Mel Reynolds is running again. Janie and I were just laughing with Rose and Bill Mays about being duped when we rallied our respective communities for an “Oreo” fundraiser on Reynolds’ behalf two decades ago.
EDITORIAL: Give Indianapolis Motor Speedway the tax break
Indianapolis Motor Speedway’s request for a special taxing district to help update the storied venue is such a slam dunk that it barely merits an editorial.
Longtime Indianapolis Motor Speedway exec departing for Austin track
Mel Harder had been with the Speedway for 22 years, most recently overseeing operations and facilities management for the famed Brickyard.
United Way yet to announce CEO to replace Annala
The search for a replacement for the long-time executive, who steps down April 1, started the middle of last year.
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.
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.