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The big election is 18 months away. Is there an investment you can use to play it? I think so if you look to a rising star that is attracting the attention of the wealthy as well as the common man. This star’s popularity has gone from relative obscurity a decade ago to a media frenzy now. If this were 1958, you would think I was talking about JFK, and today Obama comes to mind. But I’m not thinking of…
Commentary A plea for bio-focused policies On April 2, in a 5-4 decision, the U.S. Supreme Court ruled that carbon dioxide is a pollutant under the Clean Air Act and can be regulated by the Environmental Protection Agency. While the ruling acknowledges the obvious, it offers a compelling rationale for Indiana elected officials to create an economic development strategy that leverages Hoosier intellectual capital and one of the state’s greatest assets, our farmland. With the scope of the twin challenges…
But that’s not close to being the case. The Fever are loaded. And maybe-just maybe-they can help whet this town’s appetite for professional basketball again. But at a time when we’re all looking for some feel-good to come out of the fieldhouse and for some local love to flow back in, well, this could be that time. A team that has gone 21-13 and reached the playoffs each of the last two seasons returns all five starters. That group includes…
Personally, I figured the baboonprint wallpaper justified the new law all by itself. Seriously, after the whole “jungle room” decorating uproar at the governor’s residence last year, wasn’t it obvious that unregulated interior designers were a threat to our very way of life? Your General Assembly sure thought so, and this session the Indiana House and Senate overwhelmingly passed new licensing and certification standards for these decorators-including criminal penalties for impersonating a “registered interior designer.” Well, a funny thing happened…
Google hasn’t been around for even 10 years, yet it has the world’s wealthiest man and his company playing defense practically on their home court. In many cases, great defenses wins titles (our own Colts defense proved invaluable during this past season’s Super Bowl run) but the jury is out on whether Microsoft can successfully keep Google in check during this battle of technology heavyweights. The real action began in late 2005 when Google paid $1 billion for a 5-percent…
Advice on investing is a lot like advice on caring for a newborn-there’s no shortage of it around and everyone believes they have just the right answer. Eventually, parents learn that they must sort through all the help offered by TV shows, books, magazines, Web sites, and even friends and relatives, to find the tips that work best for their baby. The same thing can be said for investors. Being successful requires tuning out all the noise and knowing what…
To some of the leisure-suited old guard at Kiwanis International, it must have seemed as if a biker gang member had rolled into the executive suite and popped a wheelie. One of the first things new CEO Rob Parker did was to trash an old lounge where managers reclined for a meeting every month or so. Out went the chairs-managers would now stand around the table during a “daily huddle.” And if they didn’t want varicose veins, they’d better keep…
PROFILE MINDY WINKLER Entertainer makes learning lessons ‘fun’Former kids’ club host and current traffic reporter juggles career, family and growing musical company Fans of the 1980s comedy show “In Living Color” will remember the Headleys, whose family members were “lazy” if they didn’t hold multiple jobs. By that score, Mindy Winkler certainly can’t be called a slacker. As the on-air traffic reporter for several local FM and AM radio stations, Winkler works a split shift keeping us informed of traffic…
Standard Change-Makers employs 118 people who make 3,500 change machines each year for self-service laundries, self-service
car washes and arcades nationwide. Local workers design, build and service change machines.
Why do trucking companies overload their trucks, when they know they’ll damage the very highways they need for their livelihoods? Why do people keep defiantly watering their lawns in d r o u g h t – s t r i c ke n areas? Why do we buy cheap goods from discount retailers when we know they were made in sweatshops? And why do employees download streaming audio and video, when they’re repeatedly warned that these things turn high-speed…
Let me know what you see. Notice a new project or for-sale sign? Leave me a comment, and I’ll try to find out what’s going on. What have you seen lately?
Heidtman Steel Products Inc. of Toledo, Ohio, said today it is considering locations in Indiana, Ohio and Michigan on which to build a steel processing plant. The $225 million project would have about 200 employees annealing steel. Annealing can involve a number of processes, but often involves softens metal and removes marks caused by rolling […]
A two-building office and retail complex at the corner of Meridian and 96th Street will include a Paradise Bakery & Cafe and a McAlister’s Deli. Landmark Properties is developing the 45,700-square-foot project…
Stephen Goldsmith has taken a director position of a new infrastructure finance and investment group created by Capital Source, a Chevy Chase, Md., investment and asset management group. The new unit will buy and finance long-term transportation, utility and recreation assets in the United States, Capital Source said today. During two terms as Indianapolis mayor […]
As Indianapolis-based Emmis Communications Corp. announced dismal fourth-quarter results today, rumors heated up about Chairman Jeff Smulyan reviving a bid to take the company private. Smulyan said in a conference call this morning that he will reconsider taking the media company private “from time to time,” but will not comment on rumors or speculation. Meanwhile […]
Chances of the United States avoiding a recession are 2 in 1, former Federal Reserve chairman Alan Greenspan said at a conference hosted in Singapore by Merrill Lynch & Co. Greenspan’s optimism came after he warned in March that the economy might stagnate, and while the nation continues to struggle against headwinds of slow capital investment […]
Emmis Communications Corp. today reported that revenue in its fiscal fourth quarter fell 4.6 percent, to $78.6 million. The Indianapolis media company blamed weakness in its New York and Los Angeles radio operations for the problems and cautioned that the softness would continue into the near future. For the quarter, the company lost $12.7 million. […]
A planned $60 million renovation of Casino Aztar in downtown Evansville won’t be carried out partly because of a spat between the riverboat’s owner, Columbia Essex Corp., and Evansville Mayor Jonathan Weinzapfel. Columbia President William Yung told a conference of Evansville business leaders yesterday he doesn’t feel welcome in the city, and that previously announced […]
Indiana can pay its share of replacing the aging truss bridge linking Madison and Milton, Ky., but Kentucky can’t afford its portion of the long-planned project. Funding prospects are so bleak that Kentucky not only can’t go ahead with the $500 million bridge, but is putting off three other Ohio River bridges, according to Indiana […]
The Indianapolis-based parent of Australian Gold tanning lotions and tanning-salon-software-maker Helios said on Thursday it will expand operations here, creating 55 jobs. The parent, New Sunshine, said the $9.2 million expansion will result in upgrades to production facilities and computer equipment. A private equity fund affiliated with Stephen Hilbert purchased the businesses last year. They […]
