To refine your search through our archives use our Advanced Search
It’s called a ghost light. Little more than a light bulb on a pole, it’s there to keep actors from fumbling around in the dark. And, for the superstitious, it’s there to keep the ghosts at bay. The ghost light is an apt opening and closing image for the Indiana Repertory Theatre’s season-opening production of “Our Town,” a play whose ghosts in act three remind us of the things we mortals miss. And a play whose light shines without the…
Sid Eskenazi fell in love with the board game Monopoly as a child. Buying and developing make-believe properties with make-believe money inspired the grade-schooler. And he was good at it. So several years later, Eskenazi began playing what he likes to call “adult Monopoly.” He bought one property at a time with real money.
The recent announcement by the Indianapolis company Gilchrist and Soames that it would recall its privately branded toothpaste because of concerns regarding its diethylene glycol content is a small part of a larger global concern about the quality standards of goods made in China. The same week, Mattel recalled more than 9.5 million U.S. toys over concerns about the use of lead paint. Many Indiana firms rely on a steady stream of qualified products from China, so now seems a…
It probably goes without saying that New Yorkers can be, well, a bit difficult. As a fund-raiser for a NYC-based not-forprofit for many years, I encountered my fair share of these folks, which is one reason why I really looked forward to coming back to my home state of Indiana. Having grown up in Indiana, I knew of the kindness and generosity shown to me by neighbors, teachers-even complete strangers-but I’d never lived and worked here as an adult. More…
Less than two years after New Sunshine LLC was bought by a group led by former Conseco Inc. CEO Stephen Hilbert, its Australian Gold division has acquired its top two competitors, amassing 80 percent of the indoor suntan lotion market.
If you’re reading this column in ink on newsprint, thanks. It’s the medium that inspired me to be a journalist, the one that still lands on my driveway each morning and the one I recycle each Friday afternoon. If you’re reading this column on a Web site, thanks. It’s the medium that’s revolutionized communications, the one drawing droves of ad dollars and the one I can turn to any time to learn what I want to learn as it happens-long…
The Indy Racing League is going where only stick-and-ball sports have gone before: revenue sharing. In a concept unique to motorsports, IRL officials have floated a plan that will guarantee teams about $1.3 million from series coffers for each car entered full time in the 16-race series. The change means the IRL could pay out $36 million to teams in 2008, $10 million more than it did through prize purses this year. Industry experts think revenue generated by the newly…
When I heard that someone in my hometown of Richmond won $314 million in a recent Powerball drawing, it made me want to offer some unsolicited advice to our new multi-millionaires. Unfortunately for many lottery winners (and others who come into major wealth), they end up playing the same sad songs. After having a few lottery winners as clients, I’ve noticed many similarities in their experiences. It starts out great. One’s wildest dreams can be funded and realized. When one…
Andy Jacobs Jr. wrote in an IBJ column that smoking is an expensive and painful way to commit suicide. He’s right. But he didn’t go far enough. Breathing secondhand smoke at one’s place of employment is also an expensive and painful way to go. The world is beginning to read the smoke signals. Many countries have passed laws to protect their work force from secondhand smoke. Today, you cannot smoke even in an Irish pub. In our country, 22 states…
HHGregg Inc. didn’t pick the most serene of times to go public, and the company’s stock price since its July 19 initial public offering shows it. The shares are trading around $11.25, off 13 percent since their $13-a-share debut. The performance is even weaker if you consider that HHGregg ratcheted down the offering price at the last minute. It had hoped to sell shares in the IPO at $15 to $17 apiece. But if you buy into the company’s sales…
The Cincinnati Ballet is taking an exploratory step toward a regional ballet company, announcing plans to stage a six-show
“Nutcracker” production here this December. The idea of a collaboration–where the two cities would share production and administration
expenses–has elicited mixed response.
The 7-year-old Lumina Foundation, formed as part of the sale of USA Group, is on a radical mission-to overhaul the way higher
education is funded in this country. The not-for-profit believes the nation’s economic future depends on making college more
affordable, and accessible.
That’s not what many NFIB members wanted to hear. “I’ve been a member of [the advocacy group] since 1985, and since 1985 the top issue has been health care that is affordable for businesses and employees,” said Barbara Quandt of Indianapolis-based Quality Environmental Professionals Inc. The firm’s health insurance costs increased by 33 percent in 2007, and Quandt said company leaders are “quaking” with dread over what will happen in 2008. QEPI covers 75 percent of insurance costs for its…
Many of the banners touting free rent and other promotions have disappeared from Indianapolis-area apartment complexes. The concessions no longer are necessary as more Hoosiers look to rent, and they stay in apartments longer. Market observers say a big reason for the uptick is the subprime housing crisis and a resulting slowdown in new-home construction. “People are staying longer because it’s a little more difficult to purchase a home,” said Alexandra Jackiw, president of Buckingham Management LLC, a subsidiary of…
PROFILE HEAVENLY SWEETS INC. Noblesville bakery still rising Heavenly Sweets to grow in move to ‘new’ location Tanya Marshall grew up in a kitchen, where she baked from scratch, tested recipes and shared a love of food with her family. A former 4-H participant, Marshall’s childhood was spent toiling over an Easy-Bake Oven, spinning cotton candy, freezing homemade ice cream and dispensing soft drinks with her other favorite toys. She’s still in the kitchen, this time as owner of Heavenly…
G e o – p o l i t i c a l events and the media keep our focus on the price of oil, its potential supply interruptions and the need to reduce our country’s dependence on foreign oil. Very little is written or reported about another very strategic resource-water. A top United Nations official addressing the 17th Annual World Water Week in Stockholm last August stated that water is going to be the dominant world issue far into…
No topic brings me more mail than property taxes. Some of this mail is silly, some is tragic. Many writers are concerned that they or their neighbors will lose their homes because of propertytax increases. This is a serious, legitimate concern. However, it is not a reason to abolish property taxes. Those who are hard-pressed to pay their property taxes are not different from those who have problems paying utility bills, medical bills, and the costs of other necessities. These…
Paul Estridge Jr. has filed a petition to try to stop the state from collecting a fee stemming from the sale of his minority stake in Indiana Downs horse track in Shelbyville. Estridge, of Carmel, claims that the fee is in effect a transfer tax, and that the tax is unconstitutional, according to The Courier-Journal […]
A deal for the sale of Harman International Industries Inc. might fall apart, The Wall Street Journal reported today. Harman, which makes audio equipment and is based in Washington, D.C., has a plant in Martinsville called Harman-Becker Automotive Systems. The location slashed 84 of its nearly 500 positions early this year as production moves to […]
The newly formed Carmel Institute has offered $20 million for the former Hilbert mansion, according to a source familiar with the bid. That bid matches Conseco Inc.’s asking price for the mansion, which has been on the market for two years. Conseco won control of the residence during a court battle with former CEO Steve […]
