BANKRUPTCIES
BANKRUPTCIES Redbud Consulting Inc., 9707 Castle Woods Cove, 46280. Chapter 7 liquidation. Assets: $50; liabilities: $331,270.
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Embracing risk key to revival
Embracing risk key to revival Executives shouldn’t become timid Risk has a bad name these days, for understandable reasons. In recent years, many corporate executives managed as if the boom times never would end, along the way ratcheting up debt to unfathomable levels. Many bankers, meanwhile, doled out loans to the lowliest of borrowers, and […]
Bank supports network for struggling homeowners
Fifth Third Bank is one of several lenders supporting a comprehensive resource for homeowners at risk of foreclosure. The
bank recently made a $10,000 gift to the Indiana Housing and Community Development Authority, a quasi-public agency.
REITs get boost, not scorn, for selling cheap shares
Here’s more evidence we’re in strange times: Indianapolis’ real estate investment trusts have been issuing hundreds of millions
of dollars of stock at woefully low prices—and getting a pat on the back from their shareholders for doing so.
WTHR’s reign faces new test
WTHR’s reign faces new test Slumping NBC could drag down Channel 13 Early ratings from the allimportant May sweeps suggest WTHR-TV Channel 13’s 15-year reign as king of local television news is secure for now. But the big test will come this fall when NBC’s weakening prime-time lineup is expected to put the ratings crown […]
Heaven’s floodgates open
Heaven’s floodgates open Fledgling angel group finding more investments than expected. 17
NOTIONS
NOTIONS Whole-hog health scare: A deadly double standard The planet is all agog over swine flu. We’re not supposed to call it swine flu. We’re supposed to call it H1N1. That way, the hogs and pigs won’t get upset and U.S. pork sales won’t decline any further. And besides, the disease isn’t transmitted through swine, […]
Cities shouldn’t subsidize leisure
To hold Carmel up as a healthy community is to turn a blind
eye to the mountain of debt run up by that city’s mayor. Healthy communities provide the fundamental necessities in a balanced
way that does not put undue burden on those who live in that "time and space."
Powerway finds its Waypoint
Back when the automakers were on a roll, Powerway Inc. looked so promising that a public offering seemed around the bend.
Now Powerway itself is gone—at least in name.
DINING: East-side retro diner serves up the classics
With a fading classic car painted on the side of the building, Rock Cola 50’s Cafe looks a lot older than its 16 years. But
that’s the idea.
Lauth looks for quick cash
Lauth looks for quick cash Once-powerful developer needs financing, real-estate recovery to emerge from bankruptcy The 32-year-old developer Lauth Group Inc. likely will survive in some form if the company can find financing to get it through a Chapter 11 reorganization and if the real estate market doesn’t take too long to turn around, experts […]
RETURN ON TECHNOLOGY
RETURN ON TECHNOLOGY TV talent shows teach recruiting lessons My stony heart melted when Susan Boyle got a spontaneous, thunderous standing ovation from the skeptical crowd at “Britain’s Got Talent,” the latest United Kingdom contribution to the TV talent show genre. If you haven’t seen that heartwarming YouTube video, I suggest you do so before […]
LOU’S VIEWS: Rate expectations … reviewing without stars
This week, two community theater productions reinforce my decision not to give
"star" ratings.
The recession’s domino effect
The recession’s domino effect Call it a trickle-down effect, but not the kind President Reagan would have liked. The recession has cost most institutional investors, such as university endowments, about a quarter of their value. As a result, venture capitalists’ primary source of funding has dried up. The implications for Hoosier entrepreneurship are stark. “Right […]
Here’s a sustainable plan for the CIB
A reasonable and workable solution to the financial challenges confronting Marion County its Capital Improvement Board should include the following:
Prices salty and getting saltier at Indiana nursing homes
The cost of nursing home care in Indianapolis is rising faster than in the rest of the country, according to an annual survey
of long-term-care costs by Virginia-based Genworth Financial.
Not shying away from private jet sales
Eagle Creek Aviation Services CEO Matt Hagans has taken delivery of the first of 17 Phenom 100 business jets from Brazilian
aircraft maker Embraer.
Crean focus of NFL Films documentary to air this fall
Indiana University basketball coach Tom Crean—and his connection to the Harbaugh family—will be the focus of a documentary
produced by NFL Films.
Reimbursement changes prompt specialists to join hospital payrolls
Specialist physicians, who have traditionally been fiercely independent, are more and more coming on as employees of hospitals.
Angel investment group off to flying start
Angel investment group off to flying start HALO Capital injects $8 million into startups in first year of operation despite recession and membership turnover Founders of HALO Capital Group would have been satisfied in their first year to invest $2 million in promising Indiana companies. They instead quadrupled the amount-even while dealing in a sour […]