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In August, 118 women, including Cathy Langham, attended Mickey’s Camp for Women. Contributions to central Indiana charities from this camp and from the similar camp for men totaled more than $235,000. I cede my space this week to Cathy to provide a camper’s perspective on the experience. The short story is: I had a great time, and you should do it. (The previous sentence is for people like me who read the first and last sentences of an article, and…
An intellectual property tussle dating back to the origins of Suros Surgical Systems Inc. is threatening to become more than a headache for the local medicaldevice maker. Founded in 2000, Suros was one of the fastest-growing high-tech startups in Indianapolis history. Its machine for minimally invasive breast biopsies now rings up more than $43 million in annual sales. Such success attracted deep-pocketed suitors, and Suros was acquired in July 2006 for a whopping $240 million by Bedford, Mass.-based Hologic Inc….
Local mental health advocates are applauding a U.S. Senate bill passed last month that would require equal health insurance coverage for mental and physical ailments when policies cover both. The bill, which passed unanimously, moves advocates one step closer in their long-fought quest for a concept known as mental health parity. Mental Health America, formerly known as the National Mental Health Association, praised the passage as an opportunity to end discrimination against people with mental health disorders. Steve McCaffrey, president…
A local development team is working on a 10-story, mixed-use tribute to a man who helped design the original plan for Indianapolis,
Alexander Ralston. The $60 million project, dubbed Ralston Square, would feature a 150-room hotel, 55 condos, a 617-space
parking garage and 41,000 square feet of retail space.
Good urban design can create value for communities, individuals, the economy and the environment. The potential benefits include better public health, greater social equity, enhanced land values, a more vibrant local economy, reduced vehicle emissions and a more sustainable use of non-renewable resources. Central Indiana lacks geographical barriers to growth. Land is abundant and reasonably priced. However, the region lacks a cross-jurisdictional plan to manage growth and maximize the benefits from it. Instead, fields grow corn one season and homes…
PROFILE CAROLYN CLAY Attorney ‘escapes’ from the infamous Rock Challenging open-water Alcatraz race gives a whole new meaning to ‘swimming with the sharks’ Editor’s Note: The original version of this story appeared in the July 11 issue of the Indiana Lawyer, a statewide newspaper for lawyers published by IBJ Media. Women in Business editor Della Pacheco added to the original story. Carolyn Clay has been swimming for as long as she can remember. The 29-year-old attorney at Indianapolis law firm…
The Indiana Pacers recently rolled out a marketing initiative that was in sharp contrast to last year’s campaign, which prominently
featured players and proclaimed, “It’s up to us.” This year’s new television, radio and print advertisements appear with not
a whisper from or mention of anyone actually wearing the blue and gold.
Silicon Valley venture capitalist Jack Gill–and dozens like him–are being recruited from far beyond state lines to support Indiana’s incumbent governor. On Oct. 9, Gill will be in the crowd at technology entrepreneur Scott Jones’ Carmel mansion. Jones, who organized the event, aims to collect $1 million for Daniels in a single day.
The recent United Auto Workers strike against General Motors Corp. provides a good backdrop for considering the collapse of the union movement, and its causes. Back in the early 1970s, about one in four workers belonged to a union. Unions and union interests were powerful. Then, as now, unions came in two flavors-trade and industrial. Trade unions serve a critical role in the functioning of markets. Employers of carpenters, welders, masons, plumbers and a host of others rely upon unions…
Last weekend, my wife Cherà and I visited my son, Austin, and his girlfriend, Karolina, in New York City, where they’re first-year students at New York University. Whenever I land at LaGuardia, catch a cab into the city, ride the subway, shop on Fifth Avenue, or meld with the masses at Times Square, the iPod in my brain advances through Stephen Sondheim’s “Company” to a song called “Another Hundred People.” Amid the horns, sirens and white noise, I hear: Another…
Suddenly, activist investors are swarming around struggling Indianapolis public companies-from The Steak n Shake Co. and Conseco Inc. to Emmis Communications Corp. Here’s an unsettling reality: Activists are all about making handsome returns on their investments-often achieved by selling businesses, taking them private or selling them piecemeal. It’s not farfetched to think that a year from now, none of the three high-profile firms still will be a local public company. To be sure, the executives who run the three firms…
When Shannon Linker went to work for the Arts Council of Indianapolis in mid-2002, it was a typical pass-through organization–re-granting
city money to local arts groups. Now Linker is director of an artist-services program for the council that is on par with
those offered in communities like Seattle and New York City but few other places.
It is still unusual to have women presiding over a court of law-so much so that when three women judges heard cases together on Sept. 28 in the 5th District Court of Appeals in Richland County, Ohio, it made history and national news. Should it come as a surprise that the symbol for justice is a woman? “Well that is a symbol, but the reality is that it is still a male-dominated profession,” said Maria Pabón López, an associate professor…
Why pay to get employees healthy if they’re likely to leave in a few years? That used to be the killer question for wellness and disease management programs. But that attitude is changing. And employers like Goodwill Industries of Central Indiana are a good example of why. The not-for-profit, whose main mission is to help workers make a transition into other jobs, has enjoyed significant savings on health care costs even as it has ditched the employee-paid deductible on its…
It is certainly not welcome news for corporate executives to be informed that an “activist investor” has established a position in their company’s stock. Activist investors practice a confrontational style of investing, and the target of their criticism is usually the operational performance of the company’s management. An activist’s agenda usually is detailed in a list of brash demands communicated via press releases, Securities and Exchange Commission filings and on public conference calls, often sprinkled with colorful language to express…
If the Indiana Fiscal Policy Institute remains shuttered due to a lack of funds, the public won’t notice immediately. After all, the Indianapolis-based organization focused on long-term analysis of complicated communal questions, such as how to equalize property taxes, diversify state pensions or finance public schools. But taxpayers eventually will feel the impact. For 20 years, the institute has played a key role in Statehouse debate, helping frame major issues with hard facts and figures that conservatives and liberals alike…
A&E ‘Hamlet’ halved; a flute sans magic This week, I empty the notebook on IRT’s truncated “Hamlet,” the Indianapolis Opera’s “The Magic Flute,” an iconoclastic singer/songwriter at the Egyptian Room and passion in Chicago. At about half the play’s full length, it’s difficult for “Hamlet”-a great work-to be more than just a good one. With every minute reduced, the classic runs a greater risk of becoming more external and less internal. Text cutting is expected in just about any Shakespeare…
“But,” I reply, “opinions that float free of reality are not worth anything.” “Untrue,” Juniper answers, wiggling a toothpick at me. “Most opinions are based on what people feel, whether they know anything or not. If they don’t know much, their opinions are still valid as a product of what they believe.” “That’s a very generous view,” I say. “It helps explain some really dumb letters to the editors of our newspapers. I get many e-mails that demonstrate good knowledge…
Marsh Supermarkets Inc.’s decision to offer its employees a health reimbursement account as their only health insurance option
this year has captured the attention of local employers and benefits consultants.
Posh Petals Inc. Florist’s business is blooming Ample competition hasn’t kept Posh Petals from growing In just more than three years, Erika White and Meredith Moynahan have moved from employees of someone else’s flower shop to owners of a fast-growing retail florist with a reputation for unusual arrangements. Posh Petals Inc. opened its doors in July 2004, just a few months after the friends and co-workers, both 32, first discussed opening their own place. “It happened really fast,” White recalled….
