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Skarbeck: Smart capital allocation by CEO can swell returns

The masterful allocation of a company’s cash flow, over long periods, is the single greatest determinant of shareholder value for an investor. This is the conclusion in the 2012 book “The Outsiders” by William Thorndike.

Hicks: Antitrust suit rests on decades of tradition

The attempt by the Department of Justice to block the merger of American Airlines and U.S. Airways offers a glimpse into one of the great public policy innovations of the past couple of centuries: American anti-trust law.

Ballard’s trade missions critical for development

I have traveled with Mayor Greg Ballard on several of his international trade missions and believe Louis Mahern [Aug. 5 Forefront] does not appreciate the importance of Indianapolis’ global presence.

Ban Kennedy columns

Thank you for allowing Peter Rusthoven [Aug. 19] to respond to Sheila Kennedy’s outlandish column on the Detroit bankruptcy.

Heated words don’t help

In response to Sheila Suess Kennedy’s op-ed “Detroit reflects our moral bankruptcy,” I can’t say I’m shocked by her predictable position supporting liberal policy to cure all ills.

Lessons lost on Kennedy

Sheila Kennedy’s [Aug. 12] column “Detroit reflects our moral bankruptcy” leads us down the same path she always goes.

Alcohol laws in dark ages

The controversy over liquor sales on Sunday [Aug. 12] and allowing convenience stores and grocery stores to sell liquor and beer on Sunday is exactly why we are looked upon by most other states as backward-thinking Midwestern hicks.

CHAPMAN: Don’t unwittingly spawn invaders

You probably don’t notice it when you walk into your office building or drive by the bank. The landscaping looks nice, so you don’t pay attention to it. Throughout central Indiana, though, developers and landscapers are using plants that are inexpensive and look good, but plants like burning bush and Japanese barberry are destroying our native habitats and hurting land and water quality.

NFP of NOTE: Camptown Inc.

Camptown Inc. challenges, mentors and teaches at-risk youth about life through outdoor adventure and nature programs that help build confidence, character and hope.

Language Training Center plans expansion

Indianapolis-based Language Training Center Inc. plans a $1.5 million expansion that will lead to the hiring of 26 more employees by 2017, the company announced Thursday.

Former Ballard deputy Huber to lead Indy Chamber

Michael Huber will replace Scott Miller, who resigned this year to pursue his own business consulting practice. Huber will leave his role as senior director of commercial enterprise for Indianapolis International Airport.

Public access counselor picked

The Governor's Office announced Thursday that Gov. Mike Pence has picked Luke Britt as the state's new public access counselor. Britt has been as a litigation attorney for the Department of Child Services and previously worked at the state health department and for a Greenwood law firm. Britt's appointment begins Monday for a term ending in June 2015. The counselor reviews disputes from the public, government officials and journalists about the state's public records and open meetings laws.

 

Murder suspect arrested

Cortez Jones, 34, was arrested Wednesday night in connection with a murder at a west-side apartment complex. Jones is accused of shooting to death Anthony Kimmons, 39, at Aspen Village Apartments, near West 34th Street and Georgetown Road, on Tuesday afternoon. Reginald Fagan, 27, nearly drowned in a retention pond after he ran from the scene to escape Jones, police said. Jones was already wanted for parole violations.