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Franchitti returns to IRL

Former Indianapolis 500 and Indy Racing League series champion Dario Franchitti is returning to the open-wheel circuit next year to drive for his former NASCAR boss Chip Ganassi.

Ganassi folded the NASCAR team that…

Calumet refineries unscathed by hurricane

The three Louisiana oil refineries operated by Calumet Specialty Products LLP weren’t damaged by Hurricane Gustav, the Indianapolis company said today. All three are near Shreveport, which is in the northwestern corner of Louisiana and 350 miles from the coast. “We’re not impacted at all,” said spokeswoman Liz Swaine. As is the case with most […]

Less zing in Daniels’ second term?

Mitch Daniels ran for governor four years ago promising to shake things up, and it would be hard to argue
that he hasnâ??t followed through.

Daylight saving time passed. Cigarette taxes were raised to fund health insurance. Property taxes were reformed.

What…

Indians hit 8-year attendance high

With the books just closed on the Indianapolis Indians’ 2008 season, the team’s front office is already looking forward to next season. And why not? This team is hot. Red hot. And I’m…

Tennessee firm buys ice cream operation

Land-O-Sun Dairies LLC of Johnston City, Tenn., has acquired Driggs Farms of Indiana LLC, a bankrupt ice cream manufacturer in the northeastern Indiana town of Decatur. Land-O-Sun will continue operating the plant, which employs 200 in a Decatur industrial park, according to The Decatur Daily Democrat. The transition is expected to take place in September.

Elanco home base moving to life sciences park

Elanco, the animal health division of Eli Lilly and Co., will move into a new 135,000-square-foot headquarters in Greenfield by the spring of 2010, the company announced today. Elanco’s new offices will go up on the northwest corner of State Road 9 and I-70, where Indianapolis developer Browning Investments Inc. is building a 52-acre life […]

New life for Whole Foods plan?

An Atlanta firm is hoping to revive the development of a Whole Foods grocery at the northwest corner of 86th Street and Keystone Avenue. Dominion Capital, which took over the site…

Ballard not starting with art

For the first time in its 22 year history, the season-kickoff Start with Art luncheon (being held this Thursday) won’t include a visit from the Indianapolis’ mayor.

Greg Ballard, as has been reported elsewhere, will be at the Republican National Convention.

The…

You-review-it Monday

I don’t expect there to be many visitors here today–which I hope means you are enjoying the long weekend.

Still, whether you are checking in Monday or Tuesday (or beyond), let me know what you’ve seen, read or experienced this weekend.

As for…

EYE ON THE PIE

EYE ON THE PIE What projects should public finance? You name it, Rusty Knale will argue against it. We’re at the delicatessen. He buys the hot pastrami on rye. I’m going for the chopped liver on pumpernickel. “I’m wondering,” I say, “if the new Honda plant at Greensburg is going to do more for the people of Indiana than Lucas Oil Stadium in Indy.” “No,” he answers quickly. “Remember that Dean Martin song, ‘Memories are made of this’? How many…

Re-entry key in city’s plot to fight crime

Re-entry key in city’s plot to fight crime Mayor makes push, hires director to help more ex-convicts find work Makeba Averitte spent more than seven years incarcerated in Indiana, Kentucky and Oklahoma prisons paying for the robbery he committed as a young man with few prospects. Since his release in 2004, the 32-year-old has obtained a driver’s license and insurance on his automobile, not to mention a bit more wisdom. But what eludes him most-even more so now as a…

ECONOMIC ANALYSIS

ECONOMIC ANALYSIS Marriage has some economic consequences This month marks my parents’ 50th wedding anniversary. And, at the risk of being labeled a hopeless unromantic, I thought I might reflect on some of the economic consequences of marriage. I’ll begin with taxes. Until 1969, when my parents celebrated their 11th anniversary, the federal income tax had no marriage penalty. In fact, from its inception in 1913 until then, married couples enjoyed a modest tax advantage (two deductions on the same…

RETURN ON TECHNOLOGY

RETURN ON TECHNOLOGY Laptop hell: Air travel can bounce, bungle data Travel may broaden the mind, but it’s hell on laptops. If your laptop suffers some kind of death-dealing blow, it’ll probably be on the road. Air travel is the worst. You’re required during security screening to pull your laptop out of its snug little protective cover and submit it to the tender mercies of the Transportation Security Administration’s conveyors, X-ray machines and employees. Then there’s the jostling scramble to…

Carmel startup wades into Florida hurricane market

Carmel startup wades into Florida hurricane market Firm pioneers product to cover insurance deductibles The turbulent winds that hit the property-casualty insurance market after the destructive Gulf Coast hurricanes of 2004 and 2005 have blown over Indiana with hardly a bent weather vane. But that hasn’t stopped a new Carmel company from trying to make a buck helping Florida homeowners and businesses handle their now-staggering insurance costs. This month, Citon Group Inc. started marketing its new breed of insurance-designed to…

Goals for USA Track & Field: Raise money; don’t drop the baton

Doug Logan, new CEO of locally based USA Track & Field, knows the organization’s challenges reach beyond the disappointments
of dropped batons at last month’s Beijing Olympics. He wants to review the sport from top to bottom, and plans to announce
in the next few weeks formation of a task force that will look at everything from team training camps and the time of the
Olympic trials, to forming a series of events in the United States culminating in a series championship.

VIEWPOINT

VIEWPOINT Advancing manufacturing is key to future We’ve all heard it: Our economy is creeping to a crawl. Skyhigh oil prices, a weak housing market and the struggling U.S. dollar are discouraging consumers and business owners alike. Fears about our nation’s fiscal health are shaking broader confidence in the banking industry, the system of global trade, and even our public image abroad. In the face of such adversity, it’s helpful to remember that Americans have faced daunting challenges in the…

Doc pay-for-performance program set to launch

Doc pay-for-performance program set to launch Quality Health First signs up Anthem, 700 doctors After four years of development, a payfor-performance plan for Indianapolisarea doctors will officially launch Oct. 1. Quality Health First, the latest service of the Indiana Health Information Exchange, now has 700 primary-care doctors signed up to receive its reports on the quality of the care they give. And perhaps even more important, the program has contracted with Anthem Blue Cross and Blue Shield of Indiana as…

A&E

A&E The Fringe Connection It’s a challenge writing about IndyFringe, the festival that adds a shot of late-summer life to Mass Ave (Aug. 22-31). Part of the challenge comes from the fact that IndyFringe, unlike the plays, exhibitions and concerts I normally review in this space, exists in two forms-the macro and the micro. The macro is the festival itself-more than 50 companies and individual performers spread out over six stages. It involves art exhibitions (including one where you can…

State prevention program helps Children’s Bureau enter new areas, lift budget

Since its origins as the Widows and Orphans Asylum in 1851, the Children’s Bureau has been working to
fix broken families in Indianapolis. Now the local not-for-profit has expanded its reach into 37 Indiana
counties–growing its budget 22 percent in the process. But the agency remains focused on Marion County, where it’s building
a $9.2 million service center at 16th and Dr. Martin Luther King Jr. streets.