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Indianapolis-based Emmis Communications Corp. and the Indiana High School Athletic Association have started a Web site for sports coverage, the organizations said today. The free site, IHSAASports.org, includes live and archived video and audio as well as scores, video interviews, stories and schedules. Other features include coach of the week and player of the week. […]
Two years after launching a plan to outsource 1,017 jobs through IBM, NiSource Inc. is 144 positions short of its goal, according to The Times of Munster. This spring, the Merrillville gas and electric utility announced to workers that some of the jobs would return because results hadn’t met expectations. NiSource executives also told Wall […]
The economy constantly is serving up complex puzzles for us to solve. Have energy prices peaked? How much longer will mortgage markets continue to bleed? How will the dollar’s decline affect the low prices for imported goods? These are complex issues, and some of us actually earn a living trying to sort them all out. But sometimes we need to step away and address the simpler questions-such as: How does the economy grow? Of course, some might say “not at…
Before they had fancy suits or fast cars, the four owners of Lauth Property Group were resourceful teen-agers, busy finding ways to make money. Chairman Bob Lauth, President Michael Curless and CEO Greg Gurnik each started neighborhood lawn-care businesses. The company’s treasurer and chief accounting officer, Larry Palmer, hawked programs at the Indianapolis Motor Speedway. At the time, their hard work and entrepreneurial instincts helped scrounge up date money. In the last few years, it’s helped them turn Indianapolis-based Lauth…
On a bookshelf in my office, I display a box of Kraft Macaroni & Cheese, three packs of Benson & Hedges cigarettes and the program from my late wife’s memorial service. I display the pasta because, until the company was spun off earlier this year, Kraft Foods was part of Altria Group. I display the Benson & Hedges because that brand is part of Phillip Morris USA, which is also part of Altria Group. I display the memorial-service program because…
The property-tax disaster in Marion County and around Indiana is composed of two dependent parts: the manner in which property is assessed and the government infrastructure that establishes tax rates or levies and whose operations are funded in large measure by property-tax assessments. The state has improved the manner in which property is assessed. Unfortunately, the state has not done an adequate job of training assessors in all 92 counties. In Indianapolis, the challenge of accurately assessing property is compounded…
As a commercial and appellate litigator for Indianapolis-based law firm Baker & Daniels LLP, Kathy Osborn represents business and individual clients in state and federal court. She has faced formidable challenges, but one outside the courtroom proved especially difficult for the 42-year-old first-time mom: how to quiet her colicky son Harper when he awoke crying every night. A music lover, Osborn was certain she could find a musical mobile that would play a variety of soothing songs long enough to…
But that’s changing now, as the orthopedics juggernaut in Warsaw has spawned another company. Formed a year ago, OrthoPediatrics in October will launch its first 10 orthopedic implants designed especially for kids. The startup hopes to do research at the offices and hospital of OrthoIndy, a group of orthopedic physicians in Indianapolis. OrthoPediatrics’ niche is one that has been shunned by the larger orthopedic implant companies based in the northern Indiana city-Zimmer Holdings Corp., Biomet Inc. and DePuy Orthopaedics Inc….
For wireless phone distributor Brightpoint Inc., CellStar was the appetizer. Dangaard was the main course. The next nine months will be all about avoiding indigestion. Brightpoint CEO Bob Laikin is ready. He’s been preparing for the meal for more than a decade. “In the mid-’90s, it was ‘shoot, shoot, shoot and then aim,'” Laikin said. “Now it’s ‘aim, aim shoot.'” On March 30, Plainfield-based Brightpoint completed its acquisition of the U.S. and Latin American operations of Texasbased rival CellStar Corp….
Real estate developers have a secret: We’re not evil. OK … we’re not all evil This runs contrary to the perception that some people seem determined to promote. They opine that “good development” is an oxymoron. Development is a humbling business. It turns out that a lot of people know a lot more about the right way to do development than we do, and they’re not shy about letting us and everyone else know this, in public meetings, private conversations,…
LB&A Sign Management Signs matter Artist helps firms promote their brands It takes more than a power drill to put up a company’s sign these days. In most cities and towns, there are ordinances and zoning regulations to comply with and permits to get before a sign is tacked on the side of a building. Business owners also want their signs to capture the firm’s essence-and look good, too. That’s where Lisa Bohn comes in. Bohn, 40, parlayed 15 years’…
Baker & Daniels LLP Serving regional, national and international business clients Flexible working arrangements Laptops and BlackBerries are provided for all legal and management staff to allow them to work from home or for use while traveling, when necessary. The firm allows attorneys to stay on partnership track while on a reducedhours schedule due to a family situation or other pre-approved situation. At its discretion, the firm will consider telecommuting arrangements for employees who have at least one year of…
When the Department of Justice slapped St. Vincent Indianapolis Hospital with a $1.2 million fine last month, it stunned local
medical professionals. But the issue behind St. Vincent’s troubles is no surprise. The diversion of prescriptions drugs from
the medical field into recreational use is a widespread problem in Indiana and the nation.
The glacial-but-steady move to renewable-energy sources by Indiana’s coal-dominated electric utilities is picking up speed
and could spur demand for locally manufactured power-plant components.
There is an ancient Chinese proverb that says, “May you live in interesting times.” The saying possesses a sort of electric connotation, with hopes that one experiences an exciting lifetime. Yet in the historical use of this proverb, the interpretation of “interesting times” hasn’t always meant “good times,” with some recitals implying “dangerous times.” For investors, our times are certainly interesting. We have a global economy that is booming. Economic growth across the planet has never been in such harmony….
In response to the sticker shock experienced by many Hoosiers upon opening the envelope from the property-tax assessor, Gov. Mitch Daniels announced a number of major moves. He ordered new assessments in Marion County and other counties throughout the state; a tax bill freeze in these counties to the 2006 levy; and the creation of a commission on local government reform, co-chaired by Indiana Supreme Court Chief Justice Randall Shepard and former Gov. Joe Kernan. The mission of the commission…
When Lisa Jarrett was expecting her fourth child in 1991, her obstetrician husband pulled out an article he had read in a medical journal about a prenatal audio development system. Created by physician and researcher Brent Logan, the system is designed to help a baby’s brain develop before it is born by introducing simple rhythms similar to the mother’s heartbeat. “It’s a cognitive curriculum,” Jarrett said. After obtaining Logan’s tapes and using them through her next three pregnancies, she was…
Invoke In addition to the yoga and pilates classes offered at Invoke, owner Amy Peddycord has added clothing from Lululemon, a popular Canadian apparel brand. She also has established a relationship with Santa Monica, Calif.-based Yoga Works, which has 14 studios throughout California and New York. Yoga Works will lead a teacher training program at Invoke in 2008. Peddycord says hiring an office manager in 2006 was the best thing she’s done. “Nicole [Schoville] quickly grew into the role and…
First Indiana Corp. announced poor second-quarter financial results Aug. 7-which raises this interesting question: Did the city’s biggest locally owned bank race to sell itself last month because the results otherwise would have caused its stock to tumble? Even before the earnings report, banking observers were abuzz that the $529 million sale to Milwaukee-based Marshall & Ilsley Corp. seemed rushed. While many expected First Indiana to sell eventually, CEO Robert Warrington had seemed hellbent on improving results first to drive…
In an effort to preserve Indiana woodlands , some property owners are transferring development rights to Central Indiana Land
Trust Inc., a not-for-profit environmental group. Owners can grant a so-called conservation easement in exchange for an impressive
array of tax benefits.
