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New group of angels targeting life sciences-WEB ONLY
Three entrepreneurs from the medical and software realms are herding angels to invest in upstart life sciences companies in Indiana. StepStone Angels won’t be a fund, per se, but a membership-based group that brings together wealthy investors and slides promising companies their way for evaluation. Angel investors typically bridge the gap between an early-stage company’s […]
A&E: At IMA, the shape of things that came-WEB ONLY
This week, the IMA celebrates design, the IRT attempts a rewritten French farce, and the Phoenix puts its stamp on “Mauritius.” Interactivity is a buzzword in museums today. But, for me, the best exhibition interactivity doesn’t come through carefully placed computer kiosks, you-try-it activities or seek-andfind activity pages. It happens when you see a painting, […]
Marsh in drug battle-WEB ONLY
Marsh Supermarkets Inc.’s attempt to switch to a cheaper supplier of prescription drugs has touched off a legal battle with the current supplier-which suggests it could fine the grocery chain as much as $61 million for reneging on its deal. At issue is a five-year vendor agreement that former CEO Don Marsh signed in 2005 […]
Truly Green Energy-WEB ONLY
The coffee pot was broken at Stellarwind BioEnergy. It was probably just as well, since most of the liquid percolating at its home-in the former Hoosier Orchid Co.-is green and algae-ridden. It’s in water-cooler jugs and 64-ounce Coke bottles backlit by fluorescent tubes, back in the lab. But the main act at Stellarwind is “the […]
EDITORIAL: Giving bad news the right way-WEB ONLY
Employers have the upper hand these days. Workers who endure pay cuts, elimination of 401(k) contributions, and other benefit reductions are keeping any grousing to themselves. Often, they’re just thankful they still have a job during the worst economic slump since the Great Depression. It’s an environment that brings out the worst in some stressed-out […]
SPORTS: Pacers’ owners deserve accolades, not scorn-WEB ONLY
From the department of no good deed goes unpunished, I present to you Herb and Mel Simon. You know, those “greedy billionaires” who have done so little for this city over the years. Except to keep their business here and grow it into the largest of its kind in the country. Except to personally employ […]
Groomed for growth-WEB ONLY
When it comes to niche marketing, few companies are more specialized than Cookie Cutters Haircuts for Kids. The Indianapolis-based firm, with seven stores in central Indiana and a total of 39 across the United States and Canada, makes its living selling haircuts for children-specifically those between the ages of 2 and 12. “The average age […]
Conseco needs cash at worst time-WEB ONLY
Whether or not Conseco Inc. gets a clean bill of health from its auditor on March 17, analysts predict the life insurer will need to raise more than $400 million to cover looming investment losses. And it needs the cash when raising any money is nearly impossible. Without fresh capital-or loosened debt obligations-Carmel-based Conseco could […]
No happy trails for Pathway-WEB ONLY
Pathway Productions, purveyors of some of the highest-profile documentaries to come out of the Indianapolis area in the last decade, is on the brink of extinction. Not even a rescue plan forwarded by Mays Chemical Co. President William Mays last year could save the company. Mays blames former Pathway owner Michael Husain for driving the […]
MARCUS: Indiana’s wage gap is growing-WEB ONLY
Today, with our national economic crisis, it is easy to focus on getting jobs. Under such dire conditions as those facing some workers, homeowners and retirees, we can forget that getting back to where we were before all this economic distress may not be an appropriate goal. Imagine with me that Hershel Hoosier was born […]
IU journalism school’s enrollment spike bucks slump-WEB ONLY
At a time when the field of journalism is shedding thousands of jobs, Indiana University’s journalism department is seeing record growth. The growth is so strong, IU officials said the journalism school will have to abandon its home of the last 65 years for a facility twice its size. What appears to be an anomaly […]
Brainiacs-WEB ONLY
The trio of attorneys who practice in the local office of Barnes & Thornburg LLP’s life sciences group is a self-deprecating, peculiar bunch. Not only are the three the punch line of an occasional lawyer joke, but they’re also the target of lighthearted ribbing about their scholarly credentials. “We’re the geeky group,” patent attorney Kevin […]
Feast on Indiana Live!
The $200-million Indiana Live! casino opened Friday night in Shelbyville. If the free-money giveaways around town, faux Obama commercials and the buzz around a promised ribbon-cutting appearance…
Cosmopolitan a total loss?
The remains of the Cosmopolitan on the Canal project continued to smolder today as a small crew of firefighters worked to put out remaining hot spots. They were using a crane to demolish a portion of the building’s remaining facade…
Men’s and women’s earnings
It’s old news that men earn more than women and that more women than men graduate from college. What it means is another matter.
To that end, the Indiana Business Research Center has published a study showing that men…