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State beefs up incentives available to tech companies:

Companies receiving a Phase 1 SBIR match from the state need to apply for second-stage funding by July 20. Applications can be downloaded on the IEDC Web site. The proposal for funds should be no longer than 12 pages and include a commercialization plan describing how the product would be moved to market and any challenges that would need to be overcome. The proposal also should include a budget describing the funds required for The Indiana Economic Development Corp. has…

Hancock Regional Hospital retools expansion plans

Aggressive expansion plans by Indianapolis’ three biggest hospital systems have pushed Greenfield-based Hancock Regional Hospital
to change up its plans to build an outpost of physician offices in northwest Hancock County, near the borders of Marion and
Hamilton counties. But Hancock Regional isn’t backing down.

Charities face more empty leadership chairs

Only 29 percent of executives have discussed a transition plan with their boards, according to a study by San Francisco-based
CompassPoint Nonprofit Services. Converging with this lack of preparedness is an approaching deficit of leaders.

NOTIONS: Oh, the things we worry about in modern America

My wife, Cheri, and I live in one of those newfangled, don’tstray-from-the-mainstream neighborhoods. It’s governed by wellmeaning “covenants and restrictions.” It has “architectural control guidelines.” These documents were formulated by a “development control committee” to “enhance the value and appearance of the community.” (We’re especially concerned with the “value” part, until our property-tax bills arrive, at which point we protest the assessed value.) Included among the controls in our neighborhood is a color palette. I imagine some designer back in…

BEHIND THE NEWS: Judge in fraud case fines Brightpoint defendant $50,000

A federal judge in a high-profile fraud case has slapped a former Brightpoint Inc. manager with a $50,000 fine-a relatively modest sum, but one the manager says he lacks the resources to pay. Judge Harold Baer of U.S. District Court in Manhattan late last month assessed the fine against Tim Harcharik, the former director of risk management for the wireless phone wholesaler. Harcharik, 53, was the sole remaining defendant in a securities fraud lawsuit the SEC brought in 2003 against…

Snyder crams for job as Ivy Tech president

In the three months since being named president of Ivy Tech Community College, Tom Snyder
has read up on the school’s history and held meetings with 4,000 faculty, students and others to gain insight into the school.
He’s also made decisions about hiring, cost-cutting and student services.

ECONOMIC ANALYSIS: Big Three carmakers’ slide will not be easy to reverse

The last writings of the late novelist Kurt Vonnegut portrayed the Americans of today as “drunk” on fossil fuels. Of course, that’s only partly true. What we’re really addicted to are the machines we pour the fuel into, especially the automobile. We have more registered vehicles in this country than we have drivers. In 2005, we collectively drove more than 3 trillion miles in our vehicles-15,000 miles for each of the nation’s 199 million drivers. And the numbers go up…

New owner takes wheel of Autobase: Virginia-based Dominion provides resources to grow technology

When Bryan Anderson sold part of Autobase Inc. in 2004 to a venture capital firm, the owner of the marketing-software maker felt as though he had sent his unruly youngster off to boarding school to become more responsible. Three years later, after convincing results and a subsequent sale to Virginia-based Dominion Enterprises, Robinson’s offspring has turned into a much more mature and disciplined child. The financial backing of Boston-based VC firm Summit Partners and the guidance of veteran technology executive…

WEDJ one year later: Ratings more than double: Revenue growth pushes Hispanic station toward record

After years languishing as a ratings bottom feeder, WEDJ-FM 107.1 is quickly moving up the radio charts with its Hispanic format and is positioned to crack the market’s top 10 stations. Since local radio veteran Russ Dodge was hired as general manager in late April 2006, WEDJ’s rating for area listeners 12 and older has more than doubled, from 1.0 to 2.1, according to New York-based Arbitron Co. WEDJ’s morning show is ranked No. 3 with listeners ages 18 to…

A&E: At Herron, those who teach, can

One of the things that keeps people from fully engaging with art exhibitions is the sense that the work has to be considered in a vacuum-that it’s not OK to bring your own life to it. I’m not talking about your history with art or anything as highfalutin as that. I’m talking about mundane or not-so-mundane details of your dayto-day existence. To site a very trivial example: On my way out of the office to see the Herron Faculty Exhibition…

EYE ON THE PIE: Indiana property taxes, explained

It was a beautiful sunny Hoosier day and I was delighted to see Faye of the Forest perched on my deck railing. “Hey, Faye,” I said. “What’s up?” “My property taxes are up,” she said, with irritation in her voice but a tear in her eye. “You know my little treehouse. I’ve lived there for years and the taxes keep going up. Why? What is going on?” “I hate to say this,” I said, “but the explanation gets more complicated…

BULLS & BEARS: Don’t expect market assumptions to be true

The other day, a client asked me the following question about the stock market: “How are we going to play the downside when the next president is a Democrat and raises taxes?” That question has three assumptions in it: Presidents who are Democrats raise income taxes. The stock market will drop if taxes are raised. The next president will be a Democrat. For more than five decades, tax rates on personal income have basically been dropping. In the 1950s, the…

Circle Centre doing well except for 4th level

Excluding the fourth floor, Circle Centre mall’s 11th full year of operation was a big success. Profit in 2006 increased nearly
18 percent to $9.3 million, according to an annual report filed with the city. But on the top floor, abandoned bar stools
have now collected four years of dust in the former home of a nightclub complex.

Condo owners in quandary over developer’s offer

The questions these days among residents of Lakes at the Crossing, a quiet community of 77 condos tucked behind a strip center
and an office park along 86th Street at Keystone Avenue, are: Who will sell, and for how much?

PROFILE: Piano Solutions Inc.: Shop singing piano’s praises Shop owners want to give community an arts education

Piano Solutions Inc. Shop singing piano’s praises Shop owners want to give community an arts education Piano Solutions Inc. owners Greg Durthaler and Brian Hostetler like to think they’re in tune with the music industry-all the better to help their clients. The key (so to speak) is to offer a full range of products and services. “Today, we offer tuning, moving and storage of pianos while carrying an array of method books, print music and piano accessories,” Durthaler said. “We…

INVESTING: Tax hikes are just what the bull market doesn’t need

The seed of the next bear market might have just been planted, and what better place than right here in the Crossroads of America. A seed is a tiny and innocent thing. But one tiny seed from a destructive weed can ruin an entire garden. A little background for those who don’t live in Indianapolis (or for those who do but don’t follow local politics): For years, there has been a gaping hole in the promised retirement benefits for retired…

Happily ever after?: How to avoid the roadblocks to financial security

Happily e ver after? How to avoid the roadblocks to financial security In her new book, “The Feminine Mistake,” author Leslie Bennetts cautions women to seriously consider the financial consequences of exiting the workplace to be a stayat-home wife and mom. The former journalist and Vanity Fair writer says “few intelligent people would sink a lot of money into refurbishing a rental, but stay-athome wives think nothing of subordinating their own financial interests to those of their husbands, blithely assuming…

Commentary: We can learn some things from Turkey

Turkey isn’t high on the list of countries Americans visit. Tell friends you’re going to France and they congratulate you. Tell them you’re going to Turkey, and they ask why. They might follow the why with a reference to the movie “Midnight Express,” a 1978 film about an American’s nightmarish experience in a Turkish prison. Midnight Express had such a negative effect on Americans’ perceptions of Turkey that the man who wrote the book the movie is based upon recently…

Blog: Bose move to Chase Tower is official

The long-rumored move for Indianapolis law firm Bose McKinney & Evans is a done deal. The firm plans to take 111,000 square feet of space in Chase Tower, a big expansion over its current 80,000-square-foot space in First Indiana Plaza. The departure of one of that building’s largest tenants is a big blow for owners […]

Bose move to Chase Tower is official

The long-rumored move for Indianapolis law firm Bose McKinney & Evans is a done deal. The firm plans to take 111,000 square feet of space in Chase Tower, a big expansion over its current 80,000-square-foot space in First Indiana Plaza….