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After suffering through one of the worst Novembers in the modern era, stock investors should probably take a minute and ask themselves what they should do next. For now, one action to avoid at all costs is listening to anything a government official has to say. For that matter, throw in CEOs or any other corporate leader from a publicly traded company. The things they say can get you in a lot of trouble. Three weeks ago, right in the…
‘Tis the season to help others Don’t forget charities when giving If our early December snowfall didn’t get central Indiana’s bells jingling, the overflowing mall parking lots should make it clear: Santa Claus is coming to town, and he’s bringing plenty of credit-card-toting elves with him. The National Retail Federation predicts Americans will spend almost $475 billion on holiday-related purchases this year, up 4 percent from 2006. That’s a lot of fruitcake. Our economy could use the boost, no doubt…
Stitches & Scones Entrepreneur sews together her enterprises Yarn-store owner finds ways to keep doing what she loves Mollianne Cameron took a page from the book of successful businesses with her current business, Stitches & Scones, and two planned ones: Crafty Capers and The Amish & Antique Quilt Store. Each retail venture marries business to Cameron’s passion for knitting, crocheting and hand stitchery. The lesson: Do what you love and the money will follow. Growing her own customers was another…
The debate on globalization most often focuses on imported goods. This is natural, for it is the sole source of pain associated with increasing international trade. The pain accrues to workers and investors in businesses that cannot compete internationally. Of course, the net impact is positive, in part because trade reallocates workers and capital to more productive activities. These more productive activities pay better and so are ultimately better for the economy-both here and abroad. One often-overlooked element of the…
As the year draws to a close, the business community remains focused on taxes and the health of the economy. The governor’s privatization of the Indiana Toll Road generated a windfall of $3 billion. If managed properly, that money should fund Indiana’s road and bridge repair work. However, perhaps we should consider investing some of the interest to radically change our stature in the global economy. Canada possesses coastlines along the Atlantic, Pacific and Arctic oceans; has abundant natural resources,…
Clarian Health officials say the only way they can keep operating their medical centers downtown is to support them with profitable
suburban hospitals. So far, it seems Clarian is on the right track. As Clarian moves forward with a new, $180 million hospital
in Fishers, its two existing suburban hospitals are starting to make money.
The list of potential Hoosier ethanol plants is nothing short of astounding for a state that had just one ethanol-fuel distillery
as recently as 2005. Beyond the six ethanol plants now operating and six others under construction, Purdue University agricultural
economist Chris Hurt counts 27 others under consideration for Indiana.
Dec. 9 was slated to be the Big Day for Indianapolis’ new Central Library. After five years and more than $150 million, the project-which seemed preposterous from the start-has finally come to fruition and sits ready for a grand opening. From the beginning, I wondered how you even move an entire library. What’s more, how do you set it up in a new location, then tear it down and move it back? Imagine moving hundreds of thousands of books, magazines…
Six finalists have pitched their visions for public art projects as part of the Arts Council of Indianapolis’ second “Great Ideas” competition, aiming to inspire and educate area residents-and encourage them to slow down and contemplate life. The contest kicked off in 2005, when two artists each got $40,000 in funding from the Indianapolis Cultural Development Commission. This year, a seven-person panel will weigh the proposals and select two winners, each of whom gets a $3,000 stipend and $15,000 to…
PROFILE MICKI STIRSMAN Education at heart of growth Continued training is part of her biz plan Your face might be Micki Stirsman’s canvas. Instead of applying paint to paper or molding clay into sculpture Stirsman and her staff use their artistry to transform their clients’ appearances. The Speedway native is owner of Salon 01, a business she started with a $10,000 contribution from her grandmother that has grown into a million d o l l a r- p l u…
Speedway officials are in discussions
to bring an airplane race to Indianapolis. The Red Bull Air Race World Series is a 5-year-old airplane race circuit that combines
the intrigue of a high-wire circus
act, thrills of an alpine ski race, and cutting-edge technology of Formula One auto racing.
Take a look at some of the most complicated, heated and thankless Statehouse negotiations and chances are you’ll find Republican Sen. Luke Kenley smack in the middle of the fray. While some Hoosiers are hard-pressed to attend a school board meeting or even try to understand their property-tax bills, the 62-year-old chairman of the Senate Tax & Fiscal Policy Committee sits through hours of public hearings and even more hours of closed-door negotiations. This General Assembly promises to be one…
This month, a 17-year-old boy in the Netherlands was arrested and charged with stealing furniture that doesn’t really exist, from a hotel that can’t be visited. He perpetrated his crime completely online, in a social networking Web site known as “Habbo Hotel.” By scamming other residents of Habbo Hotel, he obtained passwords that let him lift the virtual furniture out of others’ rooms, and into his own. In Habbo Hotel, you have to buy furniture with real money, so the…
And so it has come to this, the college football season that will give us the “accidental” champion. The nation’s pundits, purporting to represent the nation’s public, are apoplectic over the prospect. Imagine, The Ohio State University, the allegedly inferior winner of a purportedly inferior league-a year removed from being exposed and embarrassed by the University of Florida in the national championship game-walking off the Superdome carpet with the trophy in hand on the evening of Jan. 7. Or imagine…
Business and education leaders are hanging up their boxing gloves in favor of working together to stem the local high school dropout rate. “We’ve typically been at odds with the education community,” said Roland Dorson, president of the Greater Indianapolis Chamber of Commerce. Long-standing finger pointing has had businesses issuing mandates that schools educate their students better and educators claiming they don’t receive the help they need from businesses, Dorson said. “We get beat up by business and professional groups…
Uncle Uriah Marcus visited us on Thanksgiving. It took over a week to recover. He blames “the @#%$# unions” for most of our state’s woes. Uncle Uriah asserts “them big unions scares businesses away from Indiannie.” A sample of his views: High property taxes: It’s the teachers’ union’s fault because teachers keep pushing up their earnings and reducing their responsibility. Congestion in cities: Bus workers’ unions keep fares too high for anyone to ride the bus. The battle between the…
Indianapolis will make another attempt to lure the Super Bowl to the city, Indianapolis Convention & Visitors Association President Bob Bedell said today. In May, NFL owners voted to play the 2011 Super Bowl at the Dallas Cowboys’ 100,000-seat stadium under construction in Arlington, Texas. The North Texas bid beat out proposals from Indianapolis and […]
The Indianapolis-based promotional products arm of Marc USA has been acquired for an undisclosed price by Evigna, a similar company headquartered in the Detroit suburb of Madison Heights. Evigna is owned by CITG Promotions LLC. Marc USA is based in Pittsburgh. Marc Promotions, which has an office near Eagle Creek Park and another in Columbus, […]
After weeks of talking, Mayor-elect Greg Ballard and the Indiana Convention & Visitors Association have
decided to shoot to host the 2012 Super Bowl.
It wasnâ??t so long ago â?? in May â?? that the NFL owners voted 17-15 to give…
Indianapolis will be making another go of it – bidding to lure the Super Bowl to the city, according to Indianapolis Convention & Visitors Association President Bob Bedell. The ICVA and Mayor-elect Greg Ballard’s transition team talked about bidding for the 2012 Super Bowl for weeks and have decided to move ahead on the plans, […]
