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SPORTS: College football playoff is, suddenly, on the table

January 14, 2008

In the aftermath of the Bowl Championship Series’ “championship” game, University of Georgia President Michael Adams didn’t just lob a grenade. He dropped a bombshell. Like many of his presidential colleagues, Adams has long been an opponent of the continued calls for major college football to go to some kind of national championship playoff. But on Jan. 8, just hours after two-loss LSU claimed the title with a one-sided victory over Ohio State, Adams unveiled a plan calling for an…

Fellowship’s formula could grow teachers: Indiana piloting program aimed at boosting math, science educators

January 14, 2008

Four Indiana universities have been chosen to participate in a prestigious new national fellowship program aimed at increasing the number of math and science teachers while serving as the pilot program for overhauling education nationwide. The Woodrow Wilson National Fellowship Foundation, of Princeton, N.J., selected Indiana as the first state for its program. It chose IUPUI, Ball State University, University of Indianapolis and Purdue University to launch the one-year fellowships and churn out the first wave of new teachers. The…

Commentary: Community service is a public investment

January 14, 2008

Greg Ballard’s election as mayor of Indianapolis continues his admirable career of public service. Considering his background, it comes as no surprise that he is interested in reviving the “Front Porch Alliance.” Through this historically faith- and volunteerdriven civic partnership, with a little imagination, Mayor Ballard could create a national model of community service. The concept of compulsory community service is not a new one. William James proposed national service in his 1910 essay, “The Moral Equivalent of War.” He…

NY Times job helps ACS Sign gain attention

January 14, 2008

ACS Sign System’s unusual approach to sign-making–some are not strictly signs at all–has helped the company grow its revenue
and expand its footprint beyond Indiana. In recent years, sales outside its home state have grown from 20 percent of total
revenue to almost half.

A&E: Laughing in the new arts year

January 14, 2008

If you’ve seen stage farces under less-than-optimal conditions, you know how difficult they can be to pull off. Off-color jokes slide into offensiveness. Characters slip into stereotypes. And the harder the push for laughs, the more desperate it all seems. Because in farce, it’s not about unique characters, it’s not about surprising plots and it most certainly isn’t about any sort of insight into human behavior. It’s about creating a mechanism that makes an audience laugh until its collective sides…

Not-for-profits lack solid IT foundation, study says: NPower Indiana says most groups fail to meet basics

January 14, 2008

A new study suggests a large percentage of the region’s not-for-profits still struggle with inadequate technology that undermines productivity, invites security breaches and hinders their community outreach potential. NPower Indiana, a not-for-profit that provides low-cost technology consulting and services in central Indiana, studied 34 local not-for-profits under a grant from Verizon Foundation and Anthem Foundation. It found that 85 percent are “constrained by outdated PCs or operating systems, which can seriously affect their system’s stability, efficiency and ability to run…

Community education keeping up with business: Lawrence Township, other districts making classes more convenient

January 14, 2008

Thirteen years ago, long before the current commotion over escalating property taxes in Marion County, a local public school superintendent became embroiled in a similar uproar. Residents of Lawrence Township in 1994 challenged former district leader Bernard McKenzie to rein in what they perceived as excessive spending of taxpayer funds. He responded by creating the Lawrence Township Community Education Program as a testament to the citizens and their support. Today, it has grown to serve about 6,000 people annually and…

STATEHOUSE DISPATCH: Property-tax abolition isn’t off table after all

January 14, 2008

Lawmakers had their individual and collective eyes opened last summer by scores of organized and impromptu property tax rallies across Indiana. While many who carried a sign, marched in the streets, or wrote a letter to the editor about the situation simply thought their individual taxes were too high, a good number of them (and several of the organizers of such events) had a special goal: the elimination of property taxes. Even after the municipal elections woke up the few…

Property-tax plan shifts tab for poor relief from counties to state

January 14, 2008

Here’s a political hot potato that so far has received little discussion in the rancorous debate over property-tax reform:
Should the enormous costs of helping impoverished Hoosiers continue to be funded county by county, or spread to taxpayers
statewide?

BEHIND THE NEWS: Tumult, ouster cast uncertainty over premier employer

January 14, 2008

Why did Sallie Mae cast off June McCormack last month, sending one of Indiana’s highest-profile female executives packing? After all, she’s just the sort of seasoned manager the student loan company seems to need as it grapples with some of the biggest challenges in its 25-year history as a public company. The company isn’t commenting, and McCormack said a nondisclosure agreement she signed on her way out the door limits what she can say. Yet what she does say is…

Commentary: 2007 columns sparked debate

January 14, 2008

Each January, I like to reflect on a few of the prior year’s topics. I am always curious about the people I have written about over the course of the year. I hope you are, too. In the May 21 issue, I wrote about the plight of Amy Sorrell. Sorrell was an English and journalism teacher at Woodlan Junior-Senior High School in Allen County near Fort Wayne who also advised the school newspaper, The Tomahawk. The Jan. 19, 2007, issue…

Weaver pops up growth with overseas sales: Indiana company, one of world’s largest in the industry, innovates to stay ahead of foreign competition

January 14, 2008

What started on 10 acres of Indiana farmland in 1928 has turned into one of the biggest popcorn makers in the world. Weaver Popcorn Co. already produces more than 30 percent of the world’s popcorn, industry experts say, and an expanding export business means the company’s slice of the pie could grow.

ECONOMIC ANALYSIS: Property-tax fix may keep more Hoosiers in their homes

January 14, 2008

Economists don’t favor tax changes to achieve short-term gains. The long lag time between recognizing problems, legislating solutions and implementing tax changes argues against fiscal policy as a remedy for economic woes. Monetary policy is faster. This does not mean taxes don’t matter. Several instances of accidental economic stabilization have occurred. The most recent example is President Bush’s tax cuts. Designed as early as 1999 as a permanent reduction in income taxes, they were implemented just as the country started…

INVESTING: Bond insurers pummeled for straying into risky area

January 14, 2008

As Wall Street continues to record multibillion-dollar losses for its debt-market indiscretions, another industry that for years earned steady returns from the credit markets is sitting on the doorstep of implosion. For decades, bond insurers operated the relatively mundane business of insuring, and thereby guaranteeing, the timely payment of principal and interest on municipal bonds issued by various government and other entities. In recent years, the bond insurers strayed from their core business model and underwrote insurance on the new…

Conservancy plans ‘green’ HQ

January 11, 2008

The Nature Conservancy has agreed to buy an old industrial property on the eastern edge of downtown to develop a new Indiana headquarters. The $4.5 million project will revitalize…

Steak n Shake sales tumbled in latest quarter

January 11, 2008

The Steak n Shake Co. announced late this afternoon that same-store sales in its fiscal first quarter tumbled 9.5 percent. It was the latest bleak news for the Indianapolis-based diner chain, which now has reported 10 straight quarters of declining same-store sales. The latest results cover the quarter that ended Dec. 19. The company will […]

Hamlisch and show music matters

January 11, 2008

Appreciative applause met Marvin Hamlisch when, just a few hours ago, he announced from the podium at the Hilbert Circle Theatre that he’d be conducting a medley of songs from “My Fair Lady” as part of his pops program with…

Toyota’s quality problems

January 11, 2008

The luster on Toyotaâ??s reputation for putting out highly reliable vehicles is beginning to tarnish.

The Japanese carmaker is taking it on the chin for a series of quality issues, and the Tundra full-size
pickup truck made near Evansville is causing…

Indiana-made pickups add to Toyota woes

January 11, 2008

Quality problems involving a Toyota pickup truck made in Princeton have so tarnished the Japanese automaker’s once-vaunted image that they drove onto Automotive News’ list of the top 10 stories of 2007. The trade publication in its Dec. 31 edition cited numerous recalls for the full-size Tundra pickup, including failed torque converters and propeller shafts. […]

Ohio firm takes over Print Communications

January 11, 2008

Print Communications Inc., one of central Indiana’s largest printers, has sold a controlling interest to Stonehenge Partners Inc., a Columbus, Ohio, private equity firm. Terms of the deal were not disclosed, but PCI founder Randy Steenbergen said the staff will not be downsized and current management will be retained. The firm has been renamed PCI […]

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