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Chevrolet pleased with ads, but CD sales hit pothole: Mellencamp is selling trucks, but not tunes

October 1, 2007

Hoosier rocker John Mellencamp is helping Chevrolet sell more trucks, but he’s having less luck when it comes to selling his records. In November, Mellencamp embarked on his first major commercial campaign, selling his song “Our Country” to Chevrolet for its Silverado pickup truck campaign. Since then, tens of millions of people have seen commercials-some that show Mellencamp playing guitar, while others simply play his song-during myriad collegiate and professional basketball and football games. Chevrolet officials said the commercials featuring…

SURF THIS: On the Net: Buying and branding the Bonds ball

October 1, 2007

Faithful readers may remember that my last column was about the young man who decided to sell the record-breaking home-run baseball hit by Barry Bonds. I found the story rather telling as it dealt with human nature, our proclivity to place sports figures on pedestals (often undeservingly), and an undercurrent of the value of authenticity and integrity. Even casual sports fans are aware of the mild controversy surrounding Bonds and his suspected use of performance-enhancing drugs. A few interesting things…

Wholesale District developments would replace parking lots

October 1, 2007

Now that most of the existing buildings along South Meridian Street downtown have been rehabbed for condos, restaurants or
hotels, developers are eyeing surface parking lots. Local companies filed plans recently to replace two such gaps in the Wholesale
District streetscape with mixed-use projects.

Commentary: Here’s the skinny on why we’re fat

October 1, 2007

A week rarely passes without news of our obesity epidemic. Fattest-state rankings and the like are a staple of our news diet. These stories are often served with dire health warnings, which politicians invoke when they encourage us to eat less and exercise more. But does anyone really stop to think about why obesity has become our national obsession? Our infamous rotundness isn’t only a byproduct of poor eating habits and a reluctance to hit the gym. Chalk some of…

Convention faithful are sticking it out: Trade groups say perks outweigh construction hassle

October 1, 2007

The Indiana Convention Center isn’t big enough for some large trade shows, but Indianapolis’ location and hospitality are enough to keep certain customers coming back. Despite losing locally based Custom Electronic Design and Installation Association’s CEDIA Expo and California-based Performance Racing Industry’s annual show-and the estimated $45 million attendees spent each year-Indianapolis has managed to keep three other biggies. Do it Best Corp.’s twice-yearly trade show, Advanstar Communications’ Dealer Expo and the Fire Department Instructors Conference are sticking around because…

To weather downturn, housing industry rolls out incentives

October 1, 2007

For most of this decade, the Indianapolis residential real estate market enjoyed a very good run. But now it’s muddling through
the doldrums just like the rest of the country, and builders are pulling out all the stops to avoid getting stuck with inventory.

INVESTING: Market isn’t as strong as major indexes show

October 1, 2007

Experts are doing their best to convince us everything is right with the world again. A few hundred billion dollars in liquidity here, a few cuts in the discount and fed rates there, and we’re back in Shangri La, right? My question to all of the experts then is this: Why isn’t it working? On the surface, things seem like they are getting back in shape. The Dow Jones and S&P 500 are within 1 or 2 percent of new…

Chemical giant diversifies biotech portfolio: Acquisitions, research agreements poise Dow AgroSciences for growth

October 1, 2007

Jerome Peribere has a 10-year plan to diversify Dow AgroSciences LLC, Indiana’s largest agricultural chemical company. Biotechnology is the blueprint. And through a series of aggressive international deals, Dow AgroSciences is building the framework for its future. By 2015, Peribere hopes to oversee a balanced portfolio of agricultural chemical and biotech products. “We’re in the stone age of biotechnology,” he said. “Tomorrow, it’s going to be used to create products we have no clue about.” Formed in 1989 as a…

SPORTS: Indiana’s finest embark on the trip of a lifetime

October 1, 2007

On Sept. 25, the NCAA’s Hall of Champions was a hall filled with champions. Yes, former Carmel basketball state champion, Purdue bowl champion and Indianapolis Colts quarterback Mark Herrmann was there. So were Justin Snow and a couple of his teammates from the Super Bowl champion Colts. But the champs on this day were athletes such as Sam McNew from Noblesville, Jessica Crook from Logansport, Mitch Johnson from Muncie, Danielle Burgin from Jeffersonville, and Shane Talbert from Attica. Later, at…

Atterholt’s toughness with insurers questioned

October 1, 2007

Indiana Insurance Commissioner Jim Atterholt says his philosophy toward consumer protection is to be tough on the “bad actors,”
but friendly toward the “good actors”;–in part, so he can call for their help when needed.Not everyone is convinced, however,
because Atterholt has done so much in his 2-1/2 years as commissioner to promote industry causes.

Finish Line seeks court backing on demands

September 29, 2007

Indianapolis-based retailer Finish Line Inc. said last night that it filed a request with a Tennessee court to force Genesco Inc. to turn over certain financial information and give it access to financial personnel. Indianapolis-based Finish Line has accused the Nashville, Tenn., company of withholding access to financial information it needs to complete its $1.5 […]

IPS pledge: Fence is temporary

September 28, 2007

The second- and third-floor parking levels of the Indianapolis Public Schools headquarters will remain surrounded on three sides by a chain-link fence at least until the spring, a school district official said today….

Rose petals to adorn downtown bus shelters

September 28, 2007

Monday-morning commuters who ride IndyGo will be in for a treat at 11 downtown bus shelters. Local artist Audrey Barcio and 10 assistants will use a water-soluble adhesive to glue 200,000 freeze-dried rose petals to the interiors of the shelters as a public art project. The petal pushers will be returning to the shelters to […]

Pigeon to follow Gillis out of WIBC

September 28, 2007

Jeff Pigeon, the long-time voice of WIBC-AM 1070’s morning show, told listeners this morning that he is leaving the station. Pigeon’s co-host, Terri Stacy, said the news broke her heart. She is planning an on-air party for the Chicago native on Monday, the day of his last show. A statement e-mailed from WIBC Director of […]

Finish Line execs fend off analysts

September 28, 2007

Finish Line Inc. executives this morning refused to comment on the company’s legal tussle with Genesco Inc. during a conference call with analysts to discuss second-quarter results. CEO Alan H. Cohen got testy at one point when an analyst asked a question related to the Indianapolis company’s $1.5 billion offer to buy Nashville, Tenn.-based Genesco. “We […]

ATA shifts pilots out of Indianapolis

September 28, 2007

ATA Airlines Inc. has closed its Indianapolis pilot base and moved its 94 pilots out of the city, the Indianapolis-based carrier said yesterday. The relocation was carried out in accordance with the pilots’ collective bargaining agreement, said ATA spokeswoman Maya Wagle. No pilots were demoted or lost their jobs. The action is the latest in […]

Lakes pact links business, environmentalists

September 28, 2007

Businesses and environmental groups in northwest Indiana have banded together to prohibit water diversions from the Great Lakes, reports the Post-Tribune of Merrillville. The Great Lakes Compact requires approval by governors of the eight Great Lakes states and the provinces of Ontario and Quebec in Canada to ban water diversions from the lakes. Each state […]

South Bend bank sues Falcons quarterback Vick

September 28, 2007

Atlanta Falcons quarterback Michael Vick, who pleaded guilty last month to federal dog fighting charges, has been sued by 1st Source Bank in South Bend over claims that his company hasn’t repaid more than $2 million in loans. The loans to Divine Seven LLC, a Georgia company, were made to finance vehicles for a car […]

Finish Line losses narrow in second quarter

September 27, 2007

The Finish Line Inc. reported this afternoon that it lost $1.8 million in the second quarter ended Sept. 1. While a reversal from the $9.2 million it earned a year earlier, the loss was smaller than the $3.9 million setback in its first fiscal quarter. The most recent quarter included $13 million in costs to […]

Fountain Square’s artistic alleys

September 27, 2007

Earlier this year, real estate agent and Fountain Square resident Phil Barcio began the Fountain Square Mural Project, an effort to transform the neighborhood’s alleys to help prevent crime and…

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