Final Four corporate hospitality spending on the rise
Corporate hospitality at sports events has been stagnant in recent years, but organizers expect a big bounce for this year’s
NCAA Final Four in Indianapolis.
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Butler benefiting big from basketball run
Besides an immediate bump in apparel sales, the university is expecting a jump in student applications, alumni contributions
and season-ticket sales, as well.
Indiana unemployment rate ticks up to 9.8 percent
The state’s jobless rate has been either 9.8 percent or 9.7 percent the past four months.
Simon Property hiked CEO’s pay 34.7 percent last year
David Simon’s $4.6 million in total compensation last year was $1.2 million more than in 2008. The rest of his management
team’s pay declined or remained flat.
Year-end growth spurt not likely to be repeated
The economy grew at 5.6-percent clip in fourth quarter, but the impressive number doesn’t indicate the recovery is strong,
economists say.
Lugar Tower project delayed by lack of tax credits
Renovation of apartment building owned by the Indianapolis Housing Agency will have to wait, after it failed to receive the
necessary federal backing to fund it. Three other IHA projects, including Caravelle Commons, will move forward, however.
Doctor’s license revoked over prescriptions
The Indiana State Medical Licensing Board voted Thursday to revoke the license of Dr. Beverley Edwards, who practiced in Anderson
from the mid-1980s to the early 2000s.
American Idol’s Seacrest to host April 3 “Big Dance” concert
Lineup features Darius Rucker and Daughtry.
Employers fret over health care overhaul
Most employers in central Indiana are just beginning to figure out what the health insurance reform bill will mean for their
businesses. Caterpillar Inc., which employs nearly 1,500 at an engine plant in Lafayette, expects costs to rise about 20 percent.
Local security division of Stanley keys growth for company
Stanley Black & Decker, based in New Britain, Conn., reported 2009 profit of $224 million. Its Indianapolis-based security
division, one of three segments, accounted for more than half those earnings.
Vogue owner’s bankruptcy may force sale of venue
A mix of business and personal woes have pushed Steven Carter Ross, the longtime owner and manager of the Vogue nightclub,
into personal bankruptcy. Now a judge must decide whether Ross can keep the popular Broad Ripple music venue, or if he must
sell it to satisfy his creditors and his estranged wife.
IBJ honored for Simon and Durham stories, Web site
IBJ received three national journalism awards at the Society of American Business Editors and Writers’ annual conference March
20 in Phoenix.
Airport ponders radical ideas to boost revenue
The Indianapolis Airport Authority is poised to pull out all the stops to maximize revenue in the face of declining travel.
Possibilities include hosting a farmer’s market atop the airport parking garage and opening secure areas to shoppers who aren’t
flying anywhere.
Final Four helps Indianapolis warm up for 2012 Super Bowl
The goal of any host city of a major sporting event is simple: Rake in as much cash as possible during the days the event
is in town and maximize future economic potential by boosting the city’s image among everyone who watches on television.
Execution is more difficult.
HAUKE: As a rule, market doesn’t reflect today’s bad news
Until a bull market reaches its last stages (the final three to 12 months), there is a general lack of belief that the market
can go higher.
DAVIS: Finding (and keeping) clarity through cancer
Almost eight months ago, I used this space to share the new perspective on life I discovered as a side effect of my battle
with cancer. A lot has happened since then, and I’m still marveling at the difference—even as I struggle to hold
onto it.
HICKS: Health care battle won, but what about war?
The potential flaws in this bill are so enormous that to opponents of the bill it looks like planned failure, designed to usher in a national health service.
EDITORIAL: Sports payoff is on the way through ‘legacy project’
Sports may be overemphasized in our society, but there’s no doubt they’ve been good to Indianapolis.
LOU’S VIEWS: Historical Society casts the past to bring photos to life
This week, the “Indiana Experience” at the Indiana History Center (with a video
tour through Indiana's past), plus theatrical experiences at Humana Fest in Louisville.