Home » Search
Search Results
13980 results for 'articles'
To refine your search through our archives use our Advanced Search
BEHIND THE NEWS: Why diner chain whets the appetite of the buyout crowd
The Steak n Shake Co. may not be delighting diners these days, if slumping sales are any indication. But you can bet the privateequity crowd is salivating. Investment pros say the Dallas-based investment group that recently amassed a big stake in Steak n Shake surely isn’t alone in hungering to take the Indianapolis-based diner chain private. “Some … funds make their money by identifying underperforming companies that have intrinsic value which can be unlocked,” Motley Fool columnist Timothy Otte wrote…
Methodist, Decatur hospitals team up at Honda site: Providers supplying on-site, off-site health care to construction workers on $500 million auto plant project
A major construction project is like a football game-no matter how careful everyone is, sooner or later someone is going to get hurt, at least a little. Indianapolis-based Methodist Occupational Health Centers Inc., which is part of Clarian Health Partners, is partnering with Decatur County Memorial Hospital to provide an answer to this problem at the Honda automobile plant construction site in Greensburg. The two institutions are providing on-site medical services and offsite treatment facilities for workers at the $550…
Aging IT system contributes to property-assessment woes
Indiana deliberately chose not to invest the tens of millions necessary for technology that could provide an accurate property-tax
forecast. Instead, the state relied on an aging patchwork of property tax software that allows officials only to guess whether
assessed valuations of homes and businesses are correct.
EYE ON THE PIE: Health care and the pursuit of happiness
Some people believe the Fourth of July grants them liberty to disturb the night with their firecrackers. My pursuit of happiness is in conflict with theirs and I want them jailed. We all gladly infringe on the liberties of others while in pursuit of our own happiness. For example, should motorcyclists wear helmets? Yes, if all of us expect to pay their hospital bills (through higher premiums) and maintain them on disability after they have head injuries that might be…
A&E: Gospel, Garland and more
“Smoke on the Mountain” belongs-along with “Nunsense,” “Forever Plaid,” and a handful of others-to an interesting phenomenon in contemporary theater: Musicals that don’t have Broadway pedigrees or familiar composers, yet celebrate long, popular runs with group sales and word-of-mouth buoying their box office. Theater artists despise these shows because of their perceived pandering and artlessness. Theater managing directors love them because they bring in the cash. As with many of these populist shows, “Smoke” (currently running at Beef & Boards…
Advertising in high-definition still fuzzy
Production companies here say advertisements they’ve produced using high-definition technology are being held hostage by local television affiliates that have no way of showing them. The TV stations counter that they’re working as fast as they can to get up to speed.
INVESTING: How Middle East turmoil might affect financial markets
Al Qaeda is threatening Iran-saying that if the country does not stop supporting Shiites in Iraq within two months, it will suffer terrorist attacks. In addition, Al Qaeda has called for a jihad against Shiite Muslims across the world. With the blessing of the U.S. government, the Shiites are in charge of Iraq now. Iraqi Shiites are receiving arms and support from Iran, a nation the United States has long called evil. We dislike Iran and are at war with…
Richest soon may assume larger share of tax burden: BULLS & BEARS
The rise in property taxes and a doubling of the Marion County income tax have residents steaming. Yet as IBJ columnist Ron Gifford noted in his column last week, you can argue about which taxes legislators should increase-whether on property, income or sales-but the fact is that governments need more revenue, and, therefore, a variety of taxes are rising. Paying tax is not the most pleasant of human endeavors. However, in a capitalistic society, taxes are necessary and, when applied…
Retailer’s growth plan boon for Plainfield facility: Dick’s Sporting Goods’ strategy to expand west will push inventory through local distribution center
Dick’s Sporting Goods’ aggressive nationwide growth plan will mean about 400 new jobs at the retailer’s Plainfield distribution center, industry experts said. Last month, Pittsburgh-based Dick’s rolled out a plan to grow from 309 stores to 800 nationwide within seven years. The plan includes growing from zero to 90 stores in California, two to 60 in Texas, and two to 40 in Florida. “Their expansion plans are so aggressive, they’re eventually going to have to open another distribution center, but…
Physician assistants taking on larger role: New law allowing prescribing power makes profession more appealing
Indiana’s physician assistants received a collective shot in the arm earlier this month when their authority to prescribe medicine to patients became effective. The profession had long lobbied lawmakers for the right before the Legislature relented with the passage of House Bill 1241 this year. July 1 officially marked the milestone in which Indiana became the last state in the nation to grant prescribing powers to physician assistants. “It’s the right thing to do,” said Dr. John Lucich, director of…
Industry takes deep breath over ozone: Tougher EPA standards could force costly emission controls, choke economic growth
Just when the nine-county metro area appeared back in the good graces of the federal government where ozone levels are concerned, the feds want to tighten the standard once more. Manufacturers and other businesses that pump pollutants into the air that combine with sunlight to produce ozone are “apprehensive” about the proposed new rules, said Patrick Bennett, vice president of environmental, energy and infrastructure at the Indiana Manufacturers Association. Businesses in non-attainment counties face possible restrictions on expansion of facilities…
SPORTS: Tennis tourney healthy but needs a new home
A significant Indianapolis sporting event with international appeal is preparing to celebrate its 100th anniversary in 2011. The Indianapolis 500? Well, yes, that too. Far less-wellknown and recognized is that the origins of elite-level competitive tennis in Indianapolis also date back to just after the turn of the century … the last century, that is. Records show that the Western Tennis Championships, which led to the U.S. Clay Court Championships, which led to the U.S. Hardcourt Tennis Championships, which led…
MICKEY MAURER Commentary: Should trysts sink a career?
“There is a crack, a crack in everything. That’s how the light gets in.” – “Anthem,” by Leonard Cohen How outrageous does executive behavior have to be before it should be deemed unacceptable by corporate America? Are we experiencing a trend toward greater scrutiny of our executives’ personal lives and is this a good idea? What should be the peccadillo standard for the executive officers of public companies? Witness the recent forced resignation of David Colby, chief financial officer and…
Star to continue stand-alone business section
Last month, word got out that The Indianapolis Star had decided to fold the newspaper’s business section into the Metro&State section. Industry experts called the move a cost-saving measure, while Star officials said it was a matter of looking for better ways to get news to its readers. Upon further review this month, Star officials […]
IU grad Cuban applies to buy Chicago Cubs
Mark Cuban, the Indiana University business major who went on to become a billionaire and buy the Dallas Mavericks basketball team, has applied to Major League Baseball as a next step in his interest in buying the Chicago Cubs, according to the Dallas Morning News. Several other people, including John Canning, who runs a Chicago […]
Dutch court clears way for LaSalle Bank sale
The Netherlands’ supreme court has ruled that ABN Amro Holding NV is not required to seek shareholder approval to sell its LaSalle Bank unit. Today’s decision clears the way for the sale of LaSalle to Bank of America, of Charlotte, N.C. LaSalle Bank, headquartered in Chicago, has virtually no retail presence in Indianapolis, instead focusing […]
Plan for Midtown project wins preliminary endorsement
A hearing examiner for the Metropolitan Development Commission today recommended approval of zoning changes requested by developers of Tower House on Meridian. The recommendation reflects agreements with nearby broadcasters WISH-TV and WFYI addressing the proximity of their satellite towers to the project. The proposal, from locally based Inner-Urban Homes & Hospitality, incorporates the existing Grain […]
Conseco might shift up to 150 local jobs to Minnesota firm
Up to 150 of Conseco Inc.’s 2,300 Carmel employees could see their jobs transferred to a Minnesota company under a plan being considered by company executives. Transferred employees would continue to work either out of Conseco’s offices or nearby. Conseco announced Thursday afternoon that it might shift a call center and some claims for its […]