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Kim: Sports wagers illustrate concepts of investing

Sports betting wouldn’t be what it is today without an innovation by Charles K. McNeil. McNeil’s strong analytical ability enabled him to earn a living as a professional gambler, or “sharp.” His innovation was the “point spread.”

Hicks: It’s irrational to dislike most rich people

The plain fact is, of the households with earnings in the top fifth, only 0.0016 percent earn more than half their income from stock dividends. Simply put, most rich households work. It is also plainly true that someone else’s riches don’t come at the expense of the rest of us. There is not a finite amount of income.

Artist Noel to sell Sanctuary in Zionsville, relocate to NYC

To achieve a true appreciation for the depth of the work of artist Nancy Noel, you must “step inside The Sanctuary.” So declares Noel’s website. Soon that won’t be an option. The prominent regional artist is putting The Sanctuary on the market. The 11,000-square-foot gallery/restaurant/event site is in the heart of Zionsville’s downtown business district […]

Pence cracks door to electricity deregulation

The Pence administration is discussing whether to include electric-utility deregulation in a new state energy policy, making Indiana one of the few states since California’s electricity crisis to consider opening its market to competition.

There’s more to the rural vs. Indy story

Richard Sullivan [Feb. 3 Viewpoint] offers the perspective that Indiana’s rural areas “stick it” to Indy when folks in rural areas don’t support urban issues. He links this long-running, alleged battle to the lack of rural support for the anti-gay amendment in the news today.

ZOELLER: The rule of law is underappreciated

The Pirate Code made famous in the series of “Pirates of the Caribbean” movies established rules to avoid the heightened opportunity for chaos among 18th century pirates. In some respects, all laws are established by societies to bring certainty in an uncertain world.

RUSTHOVEN: Obama’s shifting sands of definitions

When this column first talked about Obamacare, a reader called the term disrespectful. The president disagreed—well, he did in 2012—saying he was "fond of this term" and "actually like[s] the name, because I do care—that's why we fought so hard to make it happen."

Home starts flat in frigid January

Homebuilders filed roughly the same number of building permits in central Indiana last month, 300, that they did in January 2013. The severe winter weather has kept builders at bay, the Builders Association of Greater Indianapolis said.

PROXY CORNER: Bioanalytical Systems Inc.

Bioanalytical Systems Inc. (www.basinc.com), 2701 Kent Ave., West Lafayette, 47906, provides contract-research services to the pharmaceutical industry. In the fiscal year that ended Sept. 30, 2013, Bioanalytical earned $773,000, or 9 cents per share, on revenue of $22.1 million. In the same period a year earlier, the company lost $6.3 million, or 88 cents per […]

Appeals court: IBM breached contract with state

The Indiana Court of Appeals has reversed a Marion County judge’s finding that IBM did not materially breach the contract it had with the state to modernize its welfare system.