Tribe stockholders shut out Biglari
This past week I reported on Steak n Shake’s troubles with their advertising agency. That’s not the restaurant chain’s only concern. The company’s chairman, Sardar Biglari, isn’t so talkative these days….
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Mayor set to outline his CIB proposal-WEB ONLY
Mayor Greg Ballard will announce his proposals to resolve the Capital Improvement Board’s financial problems at its monthly meeting this afternoon. The mayor will endorse some of the solutions favored by state legislators as well as introduce his own recommendations, Robert Vane, spokesman for the mayor, told IBJ this morning. Senate Appropriations Chairman Luke Kenley […]
Barnes & Thornburg opens Columbus, Ohio, office-WEB ONLY
Barnes & Thornburg LLP this morning announced the opening of its second new office within the past week – this one in Columbus, Ohio. The Indianapolis-based law firm’s Columbus office is its first foray into Ohio. It follows the Atlanta office that the law firm launched last week. Barnes & Thornburg now has nine locations […]
WellPoint to sell subsidiary for $4.6B
WellPoint Inc. has
agreed to sell its pharmacy benefits management arm for $4.675 billion in cash and stock to St. Louis-based Express Scripts,
the companies announced April 13.
You-review-it Monday
It’s that time again.
Time to chime in with your A&E experiences from the weekend. I had a three-day run of catching “References to Salvador Dali Make Me Hot” at the Phoenix Theatre, the launch of “Treasure Island” at…
Tavern owner’s $2M settlement divvied up-WEB ONLY
More than $2 million forfeited by former state Teamsters president and accused gambling ring organizer John L. Neal will be divided among police agencies, prosecutors and an attorney. The Indiana Alcohol and Tobacco Commission and its investigative arm, the Indiana Excise Police, will receive 35 percent of the total sum of $2.09 million, or more […]
Stem cell discovery promises health care revolution
Scientists are using a new stem-cell technique that may someday revolutionize care for disorders as diverse as diabetes, Alzheimer’s
disease and muscular dystrophy.
The tax system has fluctuated throughout the ages
Let’s reflect on the origins of the current income tax system to help understand it better.
Life sciences stand to gain from stimulus spending
Indiana and Purdue universities are well-positioned to take advantage of the $11.5 billion available for life sciences and
biotech research from the federal stimulus package.
Indiana playing trailblazing role in drive to tailor pharmaceuticals to genetic makeup of individuals
Indiana is becoming not only a hotbed of “pharmacogenomics” research, but also a trailblazer in finding practical ways to
use it on the practitioner level.
Omnicity seeks financial turnaround, has 28 acquisitions in mind
Dick Beltzhoover, a private investor in Omnicity Corp., a Carmel-based wireless broadband provider, has quietly taken the
company public and has lofty plans to expand nationwide.
Taxes, fees should be determined case-by-case
If an honest case for the general good cannot be made (as in the case of most education services, and, sports, entertainment and tourist facilities), government revenue streams should not be used to support private enterprises.
Daniels strangely quiet as fiscal issues fester
The Indiana General Assembly session will end with a focus on what has dominated discussion since Organization Day back in November: fiscal issues.
Detroit reminds us not to squander what we have
My prevailing thoughts upon returning from Detroit were how fortunate Indianapolis is when it comes to hosting these kinds of events, and how a thriving downtown is essential to (A) success of the region and (B) national perception.
Questions about expenses have dogged Marsh before
Don Marsh lashed back last month after the owner of Marsh Supermarkets Inc. filed a lawsuit accusing him of billing the company
for millions of dollars in personal expenses.
Shuel-Walker builds HP Products into distribution giant
President of the company since 2000, Bridget Shuel-Walker, 42, oversees a distribution operation with $180 million in annual
sales and a work force of more than 400, making it the second-largest woman-owned business in Indianapolis.
Not-for-profits: Treat donors as investors
Nonprofit organizations should treat their donors as shareholders because they invest in the organizations just as shareholders do in public companies.
CIB rescue plan counts on new hotel being big success
The Marion County Capital Improvement Board’s bailout depends on the success of Indianapolis’ new downtown JW Marriott convention hotel.
Startup Carbon Motors could create 1,500 jobs
Hoosier economic development officials are working to attract police-car maker Carbon Motors to Connersville.
Beyond being a great investor, Buffett writes wittily and well
One of the greatest investors of all time, Warren Buffett is always refreshingly candid and informative in his letters to investors, and 2008’s 21-page missive is no exception.