Big profits elevate ITT Educational into rare class
CEO Kevin Modany and his management team have become accustomed to regulatory uncertainty—and to growing the business
at a pace most executives can only dream about.
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Consultant: Indianapolis water utility lax in overseeing Veolia
The city too often relied on the Department of Waterworks’ board, on consultants and on the private
operator, Veolia Water, rather than on the department’s own staff “to ensure safe and efficient
operation, maintenance and management” of Indianapolis Water. That’s one of several critical
findings of a consultant hired by the department and filed as part of a 35-percent rate-hike request
pending before the Indiana Utility Regulatory Commission.
First-time buyer tax credit isn’t moving pricier homes
The incentive has not generated a hoped-for boost in sales of homes at higher price-points. About 30 percent of the sales
eligible for the tax credit are foreclosures, meaning the seller likely won’t buy another home.
Symphony’s CEO trying to steer through challenging time
Simon Crookall is trying to hire a maestro who will excite audiences at the same time he’s trying to pull the Indianapolis
Symphony Orchestra out of
a financial tailspin.
Cash-strapped Hoosier Park racing to restructure $400M in debt
Despite rampant speculation, Anderson’s Hoosier Park is not facing imminent bankruptcy, according to its owner, locally
based Centaur Inc.
HICKS: Flu season offers prelude to health care reform
This flu season looks to provide us an inkling of the real dangers inherent in large-scale health care reform, most especially
a full-blown national health care option.
SKARBECK: Market a bright spot amid worrisome economy
The financial media have the corks ready to pop as the Dow Jones industrial average re-crosses what pundits claim is the â??psychologically importantâ?? 10,000 level.
STYLE: Add Refind to the reduce/reuse/recycle trilogy
Anita Hopper’s got a brand new bag … made from an old leather coat.
People in the news
People listings are free, but photos that are used in the print
edition will not appear online.
DINING: At 86th and Ditch, a revamped pearl among bistros
Third in a series of reviews near the north-side intersection.
LOU’S VIEWS: Graven image conscious
This week, Spanish artists explore the sacred and the IRT’s playwright-in-residence presents a haunted Abe Lincoln.
City trying to land headquarters of storytelling organization
The National Storytelling Network will consider Indianapolis, along with eight other cities, as it looks to move its headquarters
from Jonesborough, Tenn.
Northeast-side CVS gets nod
The Metropolitan Development Commission has given its blessing to a new CVS store along 82nd Street just east of Interstate
69 over the objection of city planners.
Virginia homebuilder enters market
Home-building powerhouse Ryan Homes is marketing lots in 10 subdivisions it has taken over from the defunct local builder
CP Morgan Communities.
Two Indianapolis companies offer pro bono work to not-for-profits
Fund-raising consultant Achieve will provide a year of free coaching or consulting. Advertising and public
relations firm TrendyMinds is also accepting applications. The Achieve grant for coaching is valued at $2,000, while the grant
for consulting is worth as much as $12,000.
Business incubation expert teaches best practices in Asia
When he oversaw Indiana University’s Advanced Research and Technology Corp., the school’s business incubation
and technology transfer program, Mark Long helped dozens of local startups get off the ground. Now, as head of his own business
incubation consultancy, Long is making a name for himself overseas.
Indiana Members Credit Union signs Pacers sponsorship pact
The agreement includes player appearances, a Pacers debit card, courtside signage, radio spots,
hospitality and use of the Conseco Fieldhouse practice court for community relations initiatives.
Baucus health reform bill draws fire in Indiana, too
The health insurance industry’s sudden counterpunch to the Senate version of health reform echoed in Indiana and
opened a key issue for the rest of the debate: Will covering half of the country’s uninsured mean raising premiums for
the 85 percent of Americans who already have insurance?
Indiana cancels $1.3B welfare contract
Indiana is ending its troubled $1.34 billion deal with a team of vendors to automate the application process for food stamps,
Medicaid and other benefits.