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Green light for local IPOs?

If nothing else, you have to admire the patience shown by ExactTarget and Aprimo, two of the area’s hottest tech companies,
as they await better conditions to launch their initial public offerings.

State education officials urge greater emphasis on two-year degrees

Only one in 12 Hoosiers has an associate’s degree. That’s a big problem because nearly half of all jobs expected
to be offered in the next decade and beyond will be middle-skill jobs—which require at least some post-secondary credential,
like an associate’s degree, but not a four-year bachelor’s degree.

Fisher’s sponsors pretty in pink

You can say what you want about Sarah Fisher’s ability to drive a race car, but she continues to be one of the most savvy
marketers in the Indy Racing League. For a team owner operating on a shoe string budget, she gets more press and attention
per penny than any other driver by far.

Smoking pics, Julia Child, etc.

In England, Lynn Barber, author of the memoir “An Education,” withdrew from the Books Now festival because the event organizers
refused to print her photograph in the program. Why?

High-ranking WellPoint exec stepping down

WellPoint Inc.’s internal audit and chief compliance officer – and highest-ranking black executive – will leave the company
later this month, according to a companywide e-mail sent out yesterday.

Veolia appeals regulators’ rate-hike decision

Veolia Water Indianapolis, which manages the city’s water utility, has appealed an order issued by state utility regulators
that limited a major rate increase sought by the city.

Republic, Southwest duel for Frontier

Republic Airways Holdings Inc. is nearing judgment day in its battle with Southwest Airlines Co. for ownership of Frontier
Airlines Holdings Inc.

Union sues Conseco over restatement

Carmel-based Conseco Inc. faces a shareholder lawsuit by a union pension fund over an earnings restatement the company made
18 months ago.

Southwest bids $170M for Frontier Airlines

Southwest Airlines Co. said today it’s bidding $170 million to buy Frontier Airlines Holdings Inc. out of bankruptcy protection,
surpassing an earlier bid of $108.8 million by Indianapolis-based Republic Airways Holdings Inc.

CIB OKs budget, but awaits council vote

Members of the Indianapolis Capital Improvement Board this afternoon passed a $63 million budget for 2010 that hinges on the
City-County Council’s approval of a hike in the local hotel tax.

Little Red Door names new leader

The Little Red Door cancer agency has hired Fred Duncan, the chief fund-raiser at the Indianapolis Museum of Art, as its new
executive director, the not-for-profit announced today.

Area home sales, prices still falling

Home-sale agreements in the nine-county Indianapolis area dropped 3.1 percent in July over the same month a year ago, according
to a report released yesterday by F.C. Tucker Co.

Beverage firm to open Columbus plant

Tipton Mills, a New York specialty beverage company, announced today it will locate a  plant in Columbus, Ind., creating
more than 40 jobs.

Aircraft engine maker closing local plant

Aircraft engine maker Pratt & Whitney will close its plant on Kentucky Avenue within the next 18 months and gradually
let go all 100 of its employees.

Kmart closing Martinsville store

Kmart Corp. has notified the Indiana Department of Workforce Development that its Martinsville store will close Nov. 30, costing
48 employees their jobs.