WellPoint investors force Braly ouster
Braly’s five-year tenure leading the Indianapolis-based health insurer was hurt by the recession but also by repeated missteps.
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Braly’s five-year tenure leading the Indianapolis-based health insurer was hurt by the recession but also by repeated missteps.
Indiana in February became the first state in a decade to pass such a law, and it was all the more significant because of the state’s heavy concentration of manufacturing jobs and sizable union presence.
As Gov. Mitch Daniels leaves office in January, there is debate about whether his policies of keeping taxes and spending low, while pursuing alternative strategies to improve roads and schools, have been the best way to help Indiana attract and create more high-wage, knowledge-based jobs.
Construction began or was to begin soon on dozens of projects with thousands of units, most quite upscale and aimed at one of two growing segments of the population who increasingly see no stigma in renting: aging boomers and young families.
Like most of our trips, the only reservations we made were for the flights.
Tim Durham, the Indianapolis businessman who used to dream of becoming the world’s richest man, ended 2012 broke and facing a 50-year prison sentence for orchestrating a $250 million Ponzi scheme.
The spices of sports come from the unpredictable outcomes, the ability to rise above adversity, and the comebacks from the depths.
A trademark-infringement case brought against App Press LLC threatens to smother the tech startup in legal fees before it reaches its potential.
More than 1.1 million people poured into downtown Indianapolis for Super Bowl festivities in the 10 days leading up to the big game, held Feb. 5 at Lucas Oil Stadium.
If you’re one of those businessfolk who buy new gadgets just because you can, you might want to move on to the food reviews now. I’m going to be talking today about when to upgrade devices or software.
Pence, who served in the U.S. House of Representatives since 2001, left his strident rhetoric on abortion and other social causes in Washington, D.C., as he toured Indiana in a red pickup truck and talked about his policy “Roadmap.”
In response to Sen. Tom Wyss’s [Dec. 10] letter about marijuana legalization, I am afraid the senator is erroneously conflating several issues. Marijuana is not related to bath salts or spice. There is also no connection between marijuana and meth. It is only their current illegal status that is similar.
Citizens Energy Group proclaims a vision to “… fulfill the promise of the Trust to serve our customers and communities with unparalleled excellence and integrity” and a mission to “… maintain the lowest possible rates with sound financial management.” Yet still they remain neutral on Leucadia National Corp.’s Rockport coal gasification plant.
Despite evidence that change is necessary, some businesses, not-for-profits and associations cannot do it. An example is service clubs. The Indianapolis Jaycees, having had more than 400 members in 1976, appears to have canceled its telephone number. Zionsville Kiwanis ceased business in September.
Veteran executive Mark Miles now has one of the most difficult jobs in sports—putting open-wheel racing on sound financial footing.
I am a capitalist. I believe in free markets, in what the economists describe as “transactions entered into freely between buyers and sellers both of whom have the necessary relevant information.” I also recognize that markets cannot function without “umpires” empowered to enforce rules of fair play and protect that level playing field to which we all pay lip service. The most significant challenge to genuine capitalism, I submit, lies in the ability of some competitors to bribe or otherwise influence the umpires.
If there were an MVP for local CEOs, David Simon would again find himself at or near the top of the list in 2012.
Put another year in the history books. It’s time for reflection and a look ahead to the new year. I went back and looked at my column written this time last year—“From politics to hoops, my 2012 wish list”—and I would say the results were mostly positive, with one big exception.