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An AmeriCorps leadership program influenced by Michelle Obama’s work in Chicago is headed for Indianapolis. The program, called
Public Allies, would allow not-for-profit organizations to hire local young people, ages 18 to 30, for
full-time apprenticeships.
Venture firms seek help to spur IPOs Venture capitalists are urging regulators to make it easier for startups to go public by reforming post-Enron corporate-governance rules, a bid to end the worst initial public offering slump in decades. The Securities and Exchange Commission should review regulations, including pre-IPO financial reporting requirements, as well as rules […]
INVESTING Growing government likely to keep bull at bay I want to make a new friend in Washington. I would like to believe the Environmental Protection Agency can be that friend. All I need to do is get the folks there to like me, then convince them it’s the economic environment they need to protect […]
A trade group for the state’s telephone companies is wringing its hands over budding efforts of electric companies to offer
so-called smart grids to better monitor and manage electric distribution.
BANKRUPTCIES Redbud Consulting Inc., 9707 Castle Woods Cove, 46280. Chapter 7 liquidation. Assets: $50; liabilities: $331,270.
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 […]
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.
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 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 Fledgling angel group finding more investments than expected. 17
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, […]
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."
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.
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 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 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 […]
This week, two community theater productions reinforce my decision not to give
"star" ratings.
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 […]
A reasonable and workable solution to the financial challenges confronting Marion County its Capital Improvement Board should include the following:
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.
