EDITORIAL: Executive pay policies, not salaries, need reform
In the wake of a recession blamed largely on Wall Street, boards need to act. But reducing executive pay shouldn’t
be their primary objective.
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SKARBECK: Why do Fannie, Freddie deserve a free pass?
One crisis that continues to simmer under the public radar is the endless taxpayer support needed to prop up Fannie Mae and Freddie Mac.
Lilly grows Alimta’s sales by shrinking market
In 2008, Eli Lilly and Co. asked drug regulators to change the label on Alimta so Lilly could no longer promote it as a treatment
for all patients suffering from non-small-cell lung cancer, but for only about 70 percent of the patients. Since then, sales
of the drug have accelerated, growing a whopping 48 percent last year.
HICKS: Memorial Day puts economics in perspective
the things that determine our ultimate prosperity and happiness are not the vacillations of markets.
Private companies struggle to raise funds once reaching critical mass
Several Indiana companies are in a position, or soon will be, to launch an initial public offering. But don’t expect a wave
of new Indiana public companies. In the recession, with both revenue and profits down, companies may choose to wait until
they have better numbers to report.
BENNER: From Boehm to Hayward to a New York Super Bowl
Retiring Indiana Supreme Court judge Ted Boehm played a leading role in the city’s emergence as an amateur sports
capital.
BASILE: Greenland has little dramatic history … or greenery
The highlight of the trip: the inspiring ice fields of Ilulissat.
In-car spy device could drive sales
Carmel-based CarCheckup LLC has created a cell-phone-size device that plugs into a car’s “OBD II” diagnostic port to track
a plethora of data, such as speed ranges, graphs of RPM, and numbers on how hard the car accelerated and braked. The company
is marketing the device to parents of teen drivers, among others.
LOU’S VIEWS: Theatrical distractions abound, both in audience and in wings
Complaints of cell phones, texters and candy wrappers are common. But what about seeing into the wings?
Positron has billion-dollar hopes for medical-imaging scanner
A maker of medical imaging equipment that recently moved its headquarters to Fishers has grand plans to reach $1 billion in
sales and build a multimillion-dollar cyclotron facility in five years. But history shows Positron Corp. has been far better
at losing money than making it.
DINING: Dog days in Broad Ripple at Gourmet Frank’s
I’m a grammar snob, which is one reason it took me so long to make the trek to Broad Ripple to try Gourmet
Frank’s. There is no Frank, just an unnecessary apostrophe—which I call the
Hoosier possessive—in the simple description of its star menu item: franks, as in hot dogs.
Cancer researcher battling Semafore in court
Former collaborator alleges firm breached its agreement with him and refused to pay royalty income.
Girl Scouts of Central Indiana moving to new headquarters
CEO Deborah Hearn Smith said the move will eventually bring a cost savings, but it has other benefits.
Battered banks don’t see light at end of tunnel
Credit problems continue to bedevil banks big and small, many of them caused by soured commercial real estate loans.
Performance Services guarantees City-County Building energy savings
The firm was a pioneer in the energy savings niche more than a decade before green became cool or was perceived to be a viable
market.
PROXY CORNER: Simon Property Group Inc.
Simon Property Group Inc. is a real estate investment trust that owns, operates, manages, leases and develops regional malls and community shopping centers.
Race vendors gearing up for big weekend
Continued fallout from a contentious open-wheel split, coupled with an uncooperative economy, have led to sagging sales for
many Indianapolis 500 vendors like Ben Justice, left. But they say they have reason to be optimistic.
EnerDel forms joint venture with Chinese autoparts maker
Battery company will offer expertise to help Wanxiang build Chinese factory, fill backlogs. Indiana employment could reach 3,000, but there’s no target date for achieving that milestone.