KENNEDY: Religious liberty—one more time
The U.S. Constitution protects citizens’ right to believe anything. It does not, however, protect an untrammeled right to act on the basis of religious doctrine.
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MORRIS: As milestones approach, the best is yet to come
A big birthday and a couple of significant anniversaries are cause for reflection, anticipation.
INSIDE THE STATEHOUSE: Broad support not enough to save work-share bill
Big business and labor both support legislation that would let companies cut workers’ hours during downturns but let the employees collect partial unemployment. But Gov. Mike Pence’s administration says it would be expensive to implement and so the bill will die.
Assertive analyst takes Klipsch owner to woodshed
The stock market value for Voxx today is just $118 million—far less than it paid just for Klipsch, one of a long list of acquisitions it made dating back a decade.
SKARBECK: As gloom-and-doomers fret, the wise go bargain hunting
The S&P 500 has fallen 10 percent in the first 11 trading days of 2016. It’s as if someone flipped the sell switch on Jan. 4 and left it on. Predictably, the gloom-and-doomers are out in force.
BOHANON & STYRING: Ethanol has lost its glow, but subsidies live on
Ethanol, the wonder fuel, has turned out to be a wonder flop. But corn ethanol has powerful interests protecting the subsidy, such as corn farmers and ethanol companies. Those who bear the costs of the ethanol subsidy are the widely dispersed and disorganized members of the general public.
Executives, networking helped make 2015 a watershed year for VC funding
Many startups, here and elsewhere, secure venture capital funding by touting their market traction, revenue growth and other statistics, all in an effort to prove to investors that they’re good bets. However, a look behind the scenes of High Alpha and three other big venture deals last year suggests that, oftentimes, landing capital has more to do with relationships and luck than with metrics.
Lack of disclosed price kept many deals off list
Below are Indianapolis-area mergers and acquisitions that closed in 2015 for which financial details were not available. The list excludes the most-talked-about deal of the year—Indianapolis-based Anthem Inc.’s proposed $54 billion purchase of Connecticut-based Cigna Corp. That’s because the acquisition, announced in July, isn’t expected to close until the second half of 2016. Also pending […]
Fund aims to ‘elevate’ tech commercialization statewide
With a new leader at the helm, Elevate Ventures has plotted a course for 2016 that includes forging more partnerships with universities and communities to help entrepreneurs commercialize intellectual property.
Senate passes bill regulating fenced-in deer hunting
Hunting preserves have operated unregulated in Indiana since February, after a court ruling that said the Department of Natural Resources overreached when it tried to close one in Harrison County.
Roundup: Korean restaurant, kickboxing studio, Potbelly on tap for Carmel
Carmel’s first Korean restaurant is scheduled to open Friday.
ROUNDUP: IMAX’s brief shutdown, Urbanski reviewed, latest from Lily & Madeleine, more
Plus Indiana Landmarks partners with both Spirit & Place and Booth Tarkington Civic Theatre on separate projects.
UPDATE: Pence signs bills sparing teachers, schools from ISTEP penalties
The measures were given final approval by the full House and Senate on Thursday, checking off a major priority for Gov. Mike Pence and fellow Republicans in the Legislature.
Securities watchdog bans alleged Fishers Ponzi schemer from industry
Regulators said Fishers attorney and securities broker Jeffery Bruce Risinger refused to testify about his involvement in what the SEC claims was a multimillion-dollar Ponzi scheme—so they banned him for life.
Schools face technical glitches during ISTEP test run
Some Indiana school officials say students ran into frozen screens and error messages Wednesday during a test run of the online ISTEP exam.
Zionsville’s first-ever elected mayor outlines priorities
Tim Haak left his job in economic development to take on the new full-time position, even though it might not last. Now on his plate: Creekside Corporate Park, traffic reconfiguration and the planned $10 million town hall.
Firm to determine if IndyCar, Speedway sponsors getting money’s worth
The deal with Repucom encompasses media analysis of all IndyCar Series events, all events at the Indianapolis Motor Speedway and the tracking of the IndyCar brand worldwide.
Surgery sidelines lawmaker during General Assembly
Rep. Bob Cherry, R-Greenfield, who is vice chairman of the budget-writing House Ways and Means Committee, said he recently had surgery following a health emergency.
Not one, but two Goodwill stores coming to Fountain Square
The not-for-profit is slating its second Indy-area Vintage Vogue boutique and a more traditional thrift center for prominent locations in the hip neighborhood.
Health officials finish euthanizing 400K birds at Indiana farms
Animal health officials responding to a bird flu outbreak in southwest Indiana say crews have finished euthanizing more than 400,000 birds at 10 affected commercial poultry farms.