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STATEHOUSE DISPATCH: Action will focus on three bills in dash to the finish

April 9, 2007

This week will see the final round of action by the House on Senate bills and the Senate on House bills, and then the real work of the Legislature begins. Legislation that has passed both chambers in different forms may be reshaped in a manner acceptable to both, and legislation that has passed only one chamber remains eligible for inclusion in related bills and final passage by both the House and Senate. Few people gave much credence to this year’s…

SPORTS: No Indiana teams but plenty of Hoosier flavor

April 9, 2007

ATLANTA – At the Final Four last week, I was reminded that even without a team, Indiana was well represented. It began at the United States Basketball Writers Association breakfast on the Friday morning before the national semifinals. The occasion was the presentation of the USBWA’s Oscar Robertson Trophy to the player of the year, which happened to be Kevin Durant from Texas. Robertson, the Crispus Attucks great who went on to star at the University of Cincinnati-and who was…

MZD Urban division gains momentum

April 9, 2007

As head of MZD Urban, a division of one of the city’s largest advertising agencies–MZD Advertising–Troy Julian Gipson is
ready to take the city into the future of multicultural marketing.

BULLS & BEARS: Things you don’t learn sitting in a lecture hall

April 9, 2007

Students at Indiana University’s Kelley School of Business have been busy lately. A group of students recently spent a day in Omaha with Warren Buffett. Then on April 4, the school hosted a cable program called “Mad Money.” Between the two, they heard what must be the most opposite investment philosophies on the planet. In Omaha, the students would have learned about “looking through” the price of a stock to the underlying business, to focus on the long term and…

WellPoint bets on managing disease: Proving savings difficult, but insurers say it works

April 9, 2007

It’s a program with big promises and big profits. Yet it’s hard to measure its payoff. It’s disease management-an industry euphemism for health insurers’ efforts to make sure chronically ill customers receive the best health care they can-before they get rushed to the hospital. Indianapolis-based WellPoint Inc. says disease management helps it win business over other health benefits companies. It also says it saves its customers nearly three times as much money as they invest and improves the quality of…

NFL plan puts hit on Colts

April 9, 2007

A new National Football League policy could cost the Indianapolis Colts $56 million in league revenue sharing in the decade
following the opening of Lucas Oil Stadium. The policy
puts more pressure on the Colts to compete with revenue-generating giants such as the Washington Redskins and Dallas Cowboys.

City out to wow travel writers: Officials think large effort for small group will pay off by boosting coverage

April 9, 2007

When The New York Times ran an article about Indianapolis’ Stone Soup Inn several years ago, owner Jeneane Life got calls from people on airplanes looking to book a room. And the phone’s still ringing in the aftermath of a fall Chicago Tribune review of the new wellness program at Life’s Villa Inn. “People will say, ‘I kept that article because I’ve been meaning to come and stay with you,'” said Life, who also owns the Looking Glass Inn in…

INVESTING: Here’s where to find peace of mind in a risky world

April 9, 2007

I know risk is a four-letter word to many of you, and most investors prefer not to think about it at all. But it’s a favorite topic in our shop, and with the Iranian capture of 15 British sailors, the risk discussion here definitely stepped up. You have your pick of conspiracy theories over why Iran took the sailors, who were recently released. I read speculation that the capture was retaliation for an American capture of six Iranian Guards in…

NOTIONS: In God We Trust; all others risk their civil liberties

April 9, 2007

The other night, while my wife Cherí attended class, I ate out with a copy of NUVO to keep me company. In the “letters” section, an atheist complained about Indiana’s new “In God We Trust” license plate. He said government shouldn’t promote religion, especially via a plate that requires no additional contribution, as do other “specialty” plates. When I got home, I found an e-mail from a friend wondering why these plates are so popular and whether taxpayers should bear…

ECONOMIC ANALYSIS: Jobs news is negative however you slice it

April 9, 2007

What’s the news on Indiana employment? Odd as it might seem, that phrase is almost a contradiction in terms. For while we do receive very timely, detailed information on how many jobs are carried on Indiana employers’ payrolls each month, the practical challenges in keeping close tabs on the latest zigs and zags in the 3 million-strong Hoosier labor force make the interpretation of the fresh data difficult. Only after the data have sat on the shelf for half a…

EVERYBODY’S DOING IT: WALKING FOR CHARITY: Go race for a cause: It’s that time of year

April 9, 2007

EVERYBODY’S DOING IT WALKING FOR CHARITY Go race for a cause: It’s that time of year It’s a sure sign of spring : packs of walkers and runners filling downtown streets to raise money and awareness for local notfor-profits. April opens the charity walk season, calling attention to causes ranging from cancer research to homelessness. Most of the races are 5Ks, traversing 3.1-mile routes in or near downtown. The relatively short distance and flat terrain make the events a great…

VOICES FROM THE INDUSTRY: Communications as usual just won’t cut it anymore

April 9, 2007

In 1999, when the World Wide Web was in its infancy, Rick Levine and others penned and posted “The Cluetrain Manifesto: The end of business as usual” (www.cluetrain.com). In this Web-focused document, their opening salvo at business as usual-and their wake-up call for American business- went thusly: “A powerful global conversation has begun. Through the Internet, people are discovering and inventing new ways to share relevant knowledge with blinding speed. As a direct result, markets are getting smarter-and getting smarter…

Waiting for a sensible transportation plan: Commentary

April 9, 2007

The Indiana Commerce Connector, those 75 miles of concrete through the Indiana countryside, was announced with great fanfare at the start of the 2007 legislative session and recently disappeared with equal aplomb. Thanks to the efforts of state Rep. Terri Austin, chairwoman of the House Roads and Transportation Committee, and the other members of that committee, the citizens of Indiana had ample opportunity to express their opinions on Indiana’s transportation needs. While the governor’s specific proposals for the Indiana Commerce…

Longer Indiana State Fair could add corn dogs, cash: Extra days could boost sales by $1.3 million

April 9, 2007

But extra helpings of your favorite fattening treats may be on their way. At its April 19 meeting, the Indiana State Fair Commission will consider whether to add up to five more days to the fair, starting in 2008. “You’d have another weekend where people can come out to partake in fair activities,” said Indiana State Fair Commission Chairman Kyle Hupfer. “My guess is you’d see some new folks come to the fair who wouldn’t otherwise come.” This year, fair…

Management’s traffic cop: Administrative assistants play numerous roles, gain more respect

April 9, 2007

As a girl, Lori Drzal dreamed of becoming a spy, a policewoman-something where she’d be helping others. Her father had different ideas. “Become a secretary,” he told her. “You’ll always have a job.” “Today,” she said, “I think, ‘Why did he tell me that?’ But … I’ve always had a job. I’ve always grown in my jobs, and I’ve always been challenged.” Drzal, 48, executive assistant to Steak n Shake President and CEO Peter Dunn for the past four years,…

Purdue professor developing weapon for AIDS battle: Lower-cost testing device could save money for more treatment in disease-ravaged Africa, other countries

April 9, 2007

The professor of cytomics-the study of cell systems-is leading an effort to develop a low-cost device that would help more Africans get tested for the deadly disease. His goal, bolstered by his Cytometry for Life not-for-profit, is to build thousands of units that can be delivered to third-world countries around the globe. Robinson has completed the prototype and returned in March from a weeklong trip to Nigeria, where he and fellow university researchers met with government and health care officials…

Rising crime worries city businesses

April 9, 2007

Indianapolis fought long and hard to earn a reputation as a safe place to live and conduct business. But police statistics
show that local security is eroding. Crime has risen to the highest levels seen during Mayor Bart Peterson’s administration.

People V Pounds: Ten local law firms vie to shed weight in friendly contest to promote wellness

April 9, 2007

Ten local law firms vie to shed weight in friendly contest to promote wellness Ten city firms indeed are vying to see whose members can shed the most inches from their waistlines within 10 weeks. The impetus for the “friendly” competition, which ends April 9, is modeled after Gov. Mitch Daniels’ INShape Indiana program challenging Hoosiers to lose 10 pounds in 10 weeks. Because participating firms range in size from behemoth Ice Miller LLP to boutique Schuckit & Associates PC,…

Taliera switches strategy for buying underperforming brands of booze

April 9, 2007

Taliera Corp. plan to raise $60 million through an initial public offering was withdrawn March 27, but Taliera isn’t going
away. It’s simply trying a different approach. CEO J. Smoke Wallin said he and his team of eight beverage industry veterans
still believe their business plan is right.

Creative pursuit of happiness: Paintings give form to the ephemeral

April 9, 2007

For centuries, philosophers, writers and artists have attempted to define happiness. Aristotle spoke of happiness as “the meaning and purpose of life,” and the crafters of the Declaration of Independence affirmed our unalienable right to pursue it. For Indianapolis visual artist Chitra Ramanathan, happiness is a “universally encompassing entity possessing form on a mental level” yet indescribable in terms of physical characteristics. “You can never really capture it,” she said. “You can only express it.” Happiness is the common thread…

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