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EDITORIAL: Citizens’ utility deal is smart move

Much work remains before the city’s water and sewer utilities are sold to Citizens Energy Group, but the general outline
of the deal makes sense and deserves support—not political posturing—as final terms are hammered out.

Citizens says buying water, sewer systems won’t harm bond rating

Citizens Energy Group’s plan to buy the city’s water and sewer systems will require the utility to raise $262 million in new
bond debt and inherit $1.5 billion in debt. Yet Citizens executives maintain the financial load should not impair the bond
ratings of its principal utilities, Citizens Gas and Citizens Thermal.

Indy Racing League still trying to turn a profit

Terry Angstadt, who oversees the Indy Racing League’s commercial division, thinks the series could break even in 2011
and be profitable by 2012 despite myriad challenges facing open-wheel racing.

Records

Public records listing from the March 15, 2010, edition of IBJ.

Bakehouse drives growth for Scholars Inn

Bakehouse watch video iconScholars Inn’s growth engine is its wholesale bakery, which distributes granola and other
fresh products across state lines thanks
to deals with
partners like Kroger.

HEALTH CARE

With President Obama looking to squeeze a bit more revenue out of the pharmaceutical industry, the stakes just keep getting higher for Eli Lilly and Co.’s efforts to develop drugs faster and cheaper. Lilly is already trying to shave a year or more off the time it takes the company’s scientists to turn a newly […]

HAUKE: Greece should own up to its spending habits

I normally don’t expect complete child-like behavior from heads of state, but every political leader in Europe has been
acting like a little kid trying to run away from the broken window.

STYLE: Sixth Midwest Fashion Week rolls up its sleeves

Midwest Fashion Week Berny Martin says the 2010
event, which runs through March 20 at the Scottish Rite Cathedral, is less about the party and more about the business. Online
extra: Runway preview photo gallery.

ALTOM: Who knew YouTube had potential as a free university?

As much as I love and happily use technology, I come from a different age and time when, as they say, life was simpler. I
have students who are aghast that I’d rather use a folded paper map to get around town than a GPS and Google Maps in
a smart phone.