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STATEHOUSE DISPATCH: Daniels pushes tax fix, avoids cluttering agenda

The governor’s State of the State address on Jan. 15 served up no surprises. His priority, a conceptual consensus shared by virtually all lawmakers, continues to be long-lasting property tax reform framed in the context of an overall tax cut for owner-occupied residential property. Beyond that major task, Gov. Mitch Daniels offered nothing in the way of innovative programs for this year. That, of course, is not because he lacks vision or boldness, qualities for which he has been both…

BEHIND THE NEWS: For trio of high-profile firms, turnarounds remain elusive

It’s like a recurring nightmare. Quarter after quarter, three of Indianapolis’ most prominent companies report weak results, and their stocks slide lower and lower. How can Emmis Communications Corp., The Finish Line Inc. and The Steak n Shake Co. reverse their downward swoon? It’s a question of great urgency, given that the stocks of all three have slid deep into the cellar. Emmis now fetches $2.79 a share, 96 percent below its 1999 high. Finish Line goes for $1.66, 93…

FUNNY BUSINESS: Oklahoma has a state meal. What about Indiana?

I hate to be the bearer of news like t h i s – e s p e c i a l l y when the legislators are in town and looking for ways to distract themselves from having to make real decisions-but Our Beloved Indiana is falling behind at least one other state. We don’t have a state meal. We have a state bird (cardinal, same as 35 or 40 other states). We have a state rock (limestone-what else?)….

Lawmakers call for advocate to support airline passenger ‘rights’

Northwest Airlines flight 1829–stranded on a Detroit taxiway for seven hours with lavatories overflowing and the 198 souls
aboard without food or water–has now landed at the Indiana General Assembly. Two Republican lawmakers have proposed creating
an “airline consumer advocate” to resolve disputes on behalf of passengers who’ve endured poor service.

Eatery plans baby cuisine: L’explorateur chef developing line of frozen, gourmet infant food

Local restaurateur Neal Brown is entering new culinary territory this month, launching a baby food business from his upscale Broad Ripple eatery. The 37-year-old first forged new ground in the Indianapolis food scene in May 2006, when he opened L’explorateur, a hip restaurant that builds its avantgarde menu around locally grown food. His kid cuisine won’t be quite as cutting-edge as the grown-up grub-think elk tartar: raw ground elk meat seasoned and topped with herbs, capers, greens and braised, pickled…

Westfield hopes to draw business farther north: New development could reduce residential tax rates

Back when they arrived in 1996, there were lots of open spaces and taxes were low, Jones said. “Overall, it was a good place to live,” he said. Jones said he still loves living in Westfield, which is 20 miles north of Indianapolis. But he admits things are changing, which is a double-edged sword. Eight years ago, according to the U.S. census, Westfield had just 9,300 people. Now, it’s a rapidly growing city with a population of 24,000, an increase…

RETURN ON TECHNOLOGY: Exploding mobile phone? Maybe you bought a fake

Has your cell phone exploded lately? A cell phone battery literally blows up, shattering the phone and spraying hot components like shrapnel. Detonating phones haven’t killed anyone that I could determine, but they’ve caused several trips to the hospital for lacerations, burns and broken eardrums. When it happens, manufacturers understandably scramble to find out why, and the answer today is often that the battery was actually a knockoff, a counterfeit that looks just like the real thing, but might be…

Sports tenants ponder vacating Pan Am Plaza: Four national governing bodies could share office

The Pan Am Plaza building, constructed to provide office space for amateur sports organizations, may soon be losing three of its highest-profile tenants. USA Gymnastics, USA Diving and U.S. Synchronized Swimming are contemplating moving out of the building at 201 S. Capitol Ave., sources close to the organizations said. A fourth group, USA Track & Field, which is preparing to move from the RCA Dome, is considering joining the other three sports-governing bodies in shared office space-preferably downtown. USATF will…

Upscale mainstay Glass Chimney ending its 32-year run

Lured to America in 1967 by brothers who owned restaurants in Cincinnati and Indianapolis, Dieter Puska has spent the past
32 years–nearly half his life–as owner and chef of the elegant Glass Chimney restaurant in Carmel. So it was a bittersweet
moment when he told his employees this month that he is hanging up his chef’s coat and giving up his 70-hour workweeks to
retire.

Ticket scalping…for the symphony?

This evening’s performance of the Indianapolis Symphony Orchestra featured something extraordinary … and I’m not talking about the performances of Beethoven’s “Pastoral” and Stravinsky’s “The Rite of Spring” (although those were outstanding).

I’m talking about ticket scalping….

Condo building nears completion

Workers are putting finishing touches on the exterior of a new 17-unit condo building dubbed 707 East North on the eastern edge of downtown. The $20 million…

Opie art dancing on Mass Ave.

IBJ reporter Jennifer Whitson takes over the blog today with news on new downtown artwork. Take it away, Jennifer:

First came the Tom Otterness public art exhibit in 2005. The roly-poly brass sculptures captured some hearts, including those beating in some…

New WTHR general manager: No budget cuts

WTHR-TV Channel 13’s new General Manager Jim Tellus promises to continue outspending the market’s other local stations when it comes to news gathering and hopes to help the station retain its title as the No. 1 local TV news channel. With WISH-TV Channel 8 coming up in the ratings, new anchors making their mark at […]

NE Indiana aluminum firm to expand

Columbia City-based 80/20 Inc., which makes modular aluminum framing for industry, plans to spend $5 million to expand its manufacturing and distribution center and add at least 40 jobs by 2010. Machining and manufacturing technology will be upgraded as part of the project. 80/20 Inc. employs 210 workers in its design, manufacturing and distribution center […]

Permanent Opie piece coming to downtown

Good news for fans of Julian Opie’s pop-art-inspired exhibit that ended a year-long run on city streets in September-Indianapolis is getting a permanent piece by the London artist to add to its growing public art collection. The work created for Indianapolis is called “Ann Dancing.” It’s reminiscent of the four-sided LCD display dubbed “Sara Dancing” […]

Funeral operator slapped with criminal charges

The Marion County Prosecutor’s Office filed criminal charges today relating
to the status of trust funds set aside to pay funeral expenses and cemetery maintenance for a string of Indiana cemeteries.

BREAKING: GE to close Bloomington plant

The General Electric Co. said today that it will close its massive refrigerator plant in Bloomington by the end of 2009, displacing about 900 employees. The company said the Bloomington operation lost about $45 million last year, thanks to declining side-by-side refrigerator sales and rising material and labor costs. “Despite continued investment by the company […]

BREAKING: GE to close Bloomington plant

The General Electric Co. said today that it will close its massive refrigerator plant in Bloomington by the end of 2009, displacing about 900 employees. The company said the Bloomington operation lost about $45 million last year, thanks to declining side-by-side refrigerator sales and rising material and labor costs. “Despite continued investment by the company […]

Lafayette Square owners to add entertainment

The new owners of Lafayette Square Mall plan to add entertainment on weekends as part of their efforts to revitalize the property, the mall said today. New York-based Ashkenazy Acquisition, which closed the deal early this month, has set about filling the empty space. But it also wants to rejuvenate the property to make it […]

Interactive Intelligence shares hit skids

Just when Interactive Intelligence Inc. was enjoying an extended run up in its stock price, more than half its value has been lost in the past few weeks. Shares in the Indianapolis-based software firm have fallen to $13, down from $28 in late December. The stock had undergone a sustained recovery after the technology bust […]