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Reasons not to retire

October 1, 2008

Plenty of people plan to work until at least age 67, when eligibility for full Social Security benefits
kicks in, a new study shows. And itâ??s not just for the money.

Many say remaining in the workplace will help them…

Lilly starting next phase of Alzheimer’s trial

October 1, 2008

Eli Lilly and Co. plans to launch a second Phase 3 clinical trial of one of its experimental Alzheimer’s medicines. The Indianapolis-based drugmaker announced today that it hopes to test its gamma secretase inhibitor in 1,100 patients from 22 countries. Doctors will give the drug, known as LY450139, to patients over 21 months, adjusting the […]

Measuring up to Larry Legend

October 1, 2008

Larry Bird has long been a measuring stick for Hoosier high school hoops hopefuls. Today,  the Indiana Pacers, in conjunction with the National Federation of State High School Associations, the Indiana High School…

Bible tour: For better or verse?

October 1, 2008

Zondervan, one of the world’s leading publishers of Bibles, announced that it will be printing a hand-written version, with more than 31,000 Americans performing the penmanship. It’s being called Bible Across America and, yes, there’s an RV involved. You can find the…

What bad economy? Tourism’s fine in Nashville

October 1, 2008

Shopkeepers in the Brown County tourism center of Nashville are seeing little impact from the weak economy. Rather, some say business is up, according to The Herald-Times of Bloomington. Tourists are staying closer to home instead of embarking on long, costly trips, with some opting for Brown County over Gatlinburg, Tenn., and other destinations in […]

Around town retail roundup

September 30, 2008

Loads of retail news to report today:
UPDATE: The Taste of Tango restaurant may be back on track. A sign on the door says the restaurant is “coming soon” and “now hiring.” Old…

ND as good as gold?

September 30, 2008

The Notre Dame football team hasn’t won a bowl game since January, 1994, but the private university’s gridiron gang still sets the gold standard when it comes to money making collegiate sports programs.

The…

In Cleveland, a critical clash

September 30, 2008

Classical music fans, musicians, critics and administrators around the country are taking sides in a battle that’s been raging in Cleveland.

The situtation: After years of blasting Cleveland Orchestra music director Franz Welser-Most, Cleveland Plain Dealer music critic Donald Rosenberg has…

Cheering up the real estate crowd

September 30, 2008

Imagine being asked to speak to a crowd hit by the biggest downturn in its industry in decades, and motivate
them to get back out there and keep selling. Or try to sell.

Thatâ??s what Dan Lappin faces when he speaks…

Bloodbath on Wall Street

September 29, 2008

Thereâ??s no time like an election to make politicians nervous about taking a stand on a controversial issue,
and this afternoonâ??s House vote on the $700 billion bailout plan is no exception.

Many Republicans and some Democrats, leery about facing voters…

Gun sales are booming

September 29, 2008

The ongoing crime wave in Indianapolis has resulted in a surge in gun sales, WXIN-TV Channel 59 reports.

With each big crime comes another spurt in purchases.

Indianapolis police say applications for first-time permits in July were up 15 percent…

M&I sign appears atop skyscraper

September 29, 2008

The first of four M&I Bank signs has finally taken its place atop the former First Indiana Plaza. Workers were installing one of the signs…

Dakich not done coaching

September 29, 2008

On Oct. 6, Dan Dakich will begin a new career as a radio talk show host. The former Indiana University basketball player and coach will host a sports talk show from 10 a.m….

Commentary: Welcome to Wall Street, the sequel

September 29, 2008

Author Tom Wolfe wrote a bestseller in 1987 called, “The Bonfire of the Vanities.” The title of the book alluded to 15th century Italy, when religious fanatics staged public fires at which they burned items thought to encourage lives of sin, things like mirrors and cosmetics. Wolf’s “Bonfire” popularized the term “masters of the universe” to refer to shallow, highly compensated Wall Street types who made big bucks and lived lavish lifestyles, often at the expense of others. The novel…

SPORTS: Some stop paying, start playing when money’s tight

September 29, 2008

Goodness knows, I’m not an economist. One look at my checking account would confirm that. So as my wife and I gather in front of the evening news and try to digest the ups and downs of the stock market along with our dinner, we, like most Americans, can only hope and trust (?) that our wiser (?) government and financial leaders will find a way out of the morass. We’re luckier than many. Our children are raised and college…

Emmis’ market value in free fall as radio industry takes beating

September 29, 2008

For more than two years, Smulyan, 61, has been unflaggingly optimistic during quarterly conference calls. But since early 2007, Emmis’ stock has fallen 84 percent, shrinking the company’s stock market value from $307 million to $48 million. The troubles have cast uncertainty over one of Indianapolis’ highest-profile businesses.

Education causes attract state foundations’ support: Rate of giving outpaces national average 2-to-1

September 29, 2008

Nearly half the money Indiana foundations gave away in 2005 went to educational organizations-more than twice the rate of such giving nationally, according to a new study from Indiana University’s Center on Philanthropy. All told, the state’s independent, corporate and community foundations awarded $450 million in grants to support education, 47 percent of the $965 million total. Nationally, about 23 percent of foundation giving goes to education. “My intuition tells me … foundations are making education a priority as the…

THE TRAVELING LIFE: Walking-and dancing and dreaming-in Memphis

September 29, 2008

In past columns, I have written about travel to far away places, but there are plenty of discoveries to be made and interesting sights to be seen in cities closer to home. Our recent four-day trip to Memphis is a case in point. We made the obligatory stop at Graceland, where the tagline on all their brochures and ads says, “Where Elvis lives.” Interesting, but we were more intrigued by Sun Studios, where the story really began. That’s where the…

ECONOMIC ANALYSIS: How 9/11 attacks helped set stage for financial crisis

September 29, 2008

After just two tumultuous weeks of financial crisis, the blame casting already has begun in earnest. A little deeper analysis might be warranted before jumping to conclusions. I am going to indulge in the combination of my two careers-one military and one scholarly-to focus on one issue. The Sept. 11, 2001, attacks focused limited Al Qaeda resources on the U.S. economy and the command-and-control systems of our military. The latter attack failed miserably (due both to the robustness of our…

Will little transit systems make bigger footprint?: Study to look at economies, new opportunities to grow and coordinate rural bus systems

September 29, 2008

They’re overshadowed in all the talk of a commuter rail line and its cosmopolitan allure. And they don’t get headlines like Indy-Go does when it launches another route to whisk Carmel and Fishers suburbanites to work downtown. But rural transit providers in the nine doughnut counties quietly generate economic growth by hauling hundreds of thousands of people each year in small buses or vans to doctors’ offices, shopping centers and jobs. Suburban businesses have been grousing for years that the…

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