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Soft Landing: Pay slipped for most execs in 2009, but cuts weren’t deep
Top executives at Indiana's public companies have largely been insulated from the economic crash. IBJ's
review of executive pay found that, although 131 of the 238 executives listed in proxy statements the past two years saw annual
compensation fall in 2009, only 10 experienced cuts of more than $1 million.
Sweeping new rules await Indy 500, insiders predict
An overhaul of the Indianapolis 500 and Indy Racing League, possibly as soon as 2012, could take the legendary race back to
its roots as a bellwether of automotive innovation. Engine and chassis rules for the 500 might be greatly loosened, encouraging
the kind of technological innovation that made the race famous.
Upcoming ICSC convention will offer insight into growth plans for retailers
Retailers are feeling pangs of optimism at an opportune time for the developers and real estate brokers who rely on them
for survival: The year’s biggest retail real estate gathering is May 23-25 in Las Vegas.
Optiform customizes software to improve capture and management of data
The 12-person firm led by CEO Scott McLaughlin recently “graduated” from five years at the Indiana University Emerging Technologies Center
and finished a profitable year.
Business groups bless Mayor Ballard’s utility sale plan
Greater Indianapolis Chamber of Commerce and Builders Association of Greater Indianapolis support sale of water, sewer utilities.
Dora Hotels takes over management of DePauw’s Walden Inn
Dora operates more than 20 hotels, including five in downtown Indianapolis and two adjacent to Indianapolis International
Airport.
Timmy Foundation to absorb doctor’s Nigerian mission
The foundation, founded by Dr. Chuck Dietzen, will absorb the Mercy Foundation, started by Dr. Mercy Obeime, in July.
Big stock run-up puts pressure on HHGregg to deliver
High expectations already are baked into HHGregg Inc.’s stock price, which has doubled since last May. A disappointment could
spawn a sell-off.
LOU’S VIEWS: At Eiteljorg, it’s all in the family
This week, free-associating across the arts landscape from the “Generations” show at the Eiteljorg Museum to
“Heartland Art” and a one-man play at the Indiana State Museum to the Broad Ripple Art Fair.
DINING: Come fry with me at Fat Dan’s
The fries at Fat Dan’s Chicago-style Deli in Broad Ripple are, in short, delicious and enough of a draw on their own to merit a visit
(though we realize it’s unlikely you’ll stop with just fries).
BENNER: Misdeeds magnified by ratings-hungry TV
If the events at Carmel High School had occurred outside the realm of sports, would the scrutiny have been this intense,
and this sensationalized?
HETRICK: Men and boys behaving badly from Carmel to D.C.
One hurdle is that too few people understand what constitutes hazing.
ALTOM: Is your computer being commandeered under your nose?
Around the world, tens of millions
of computers are infected with sly viruses that invisibly take over a machine, letting it continue working but redirecting
part of its time to doing nefarious things, like storing ill-gotten data or sending out spam ads for improbable enlargements
of body parts.
NFP of NOTE: Gleaners Food Bank of Indiana
Gleaners Food Bank of Indiana seeks to end hunger by engaging individuals and communities to provide food for people in need.
Indiana farmers assessing frost damage to crops
Purdue corn specialist Bob Nielsen says recent frosts have caused mostly cosmetic damage to crops, but some fields experienced
damage serious enough that they must be replanted.
Jobless claims rise by largest amount in 3 months
Applications for unemployment benefits rose to 471,000 last week, up by 25,000 from the previous week, the Labor Department
said Thursday. It was the first increase in five weeks and the biggest jump since a gain of 40,000 in February.
Health care suppliers need to think long term, expert says
Companies in the health care supply chain need to engage in more strategic, long-term preparation even as the industry faces
uncertainties and upheaval, MIT expert tells local conference attendees.
Pizza delivery man pulls gun on would-be robbers
Indianapolis police are searching for the people who tried to rob a pizza-delivery man late Wednesday night in the area of
East 20th Street and North Bosart Avenue. The Aunt Polly's Pizza deliverer said he was approached by two men. When they
tried to rob him, he pulled out his handgun. Gunfire was exchanged before the suspects ran away.