Pair hopes to find niche in commercial real estate
First project for startup Loftus Robinson Development is a small conversion in Broad Ripple.
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KINGSOLVER: Toss a legal lifeline to Hoosier students
By calling authorities, you as a legal adult could face automatic felony charges of providing alcohol to minors.
KETZENBERGER: Expect a big fight over the ‘Amazon’ tax
That iPod purchased through Amazon.com cost 7 percent less than the one sold at Apple’s store at Keystone Crossing.
Q&A
Carmel resident David Wasilewski has launched WhatNext, a website that uses algorithms to make it easier for cancer patients to connect with others in similar circumstances. Wasilewski, 39, spent eight years as chief operating officer of the Spanx line of body shapers and did health care consulting before that. In addition to helping patients, he thinks WhatNext can become a way for health care organizations share their expertise with patients in need.
Rolls-Royce tax-incentives deal set for hearing
A plan to offer a 10-year tax abatement worth $23 million for Rolls-Royce Corp. to redevelop two plants on the west side and move thousands of office workers into downtown’s Faris campus is scheduled for an initial hearing Wednesday.
Brokers’ hopes dashed by feds
The Obama administration on Friday let stand an earlier rule that said brokers’ fees will have to count toward a 15-percent to 20-percent cap on administrative expenses placed on insurance plans by the 2010 health overhaul.
MyJibe’s purchase validates Orr fellowship program
A program to identify and cultivate entrepreneurs—the Orr Entrepreneurial Fellowship—just hit a milestone. Orr fellow Mike Langellier has sold his upstart MyJibe LLC, in what appears to be the first Orr fellow to create a tech firm and take it full circle to liquidation.
EDITORIAL: State can’t afford to lose online sales tax
The risk is that requiring online retailers to remit the sales tax will chase them away. We think the potential payoffs are worth taking the chance.
For Big Ten championship, even suites are for sale
Besides individual tickets, entire suites are being offered for as much as $28,000 on various online brokerage sites for the inaugural Big Ten championship football game.
Kokomo upshifting with Chrysler investment
City north of Indianapolis feels the power of $1.3 billion upgrade of equipment in automaker’s transmission plants.
Black Friday boosts car sales to best rate since ‘Clunkers’
U.S. consumers, who set records for retail purchases during Thanksgiving weekend, helped boost U.S. auto sales in November to what is likely to be their fastest pace in more than two years.
Brokers get hope on commissions
The National Association of Insurance Commissioners passed a resolution Nov. 22 that urges Congress and the Obama administration to exclude benefits brokers’ commissions from the new requirement that insurers spend only 15 percent to 20 percent of the premiums they collect on administration and profits.
Purdue courts Silicon Valley partnerships
The office, at NASA Ames Research Center, in Mountain View, Calif., aims to commercialize Purdue-developed technology through partnerships with private industry.
Cummins expanding R&D in South Carolina office
The manufacturer will invest $24 million over three years.
Foundation steps up plans to help teens in foster care
The Care for Kids Foundation, which has its roots in raising money for the former Children’s Guardian Home, will recruit its first class of 14-year-olds this summer for a four-year program called Opportunity Rox.
ExactTarget files for $100M IPO
The Indianapolis-based e-mail marketing company is aiming to tap a hot IPO market. Sixteen firms have gone public this month, including locally based Angie’s List.
FARGO: Falling behind on public access laws
The nation with the top score was Serbia, followed by Slovenia, India, El Salvador, Liberia, Croatia and Mexico.
Study: State loses millions annually in online sales taxes
The report from the Indiana Fiscal Policy Institute says the state loses $40 million to $114 million every year in sales tax revenue from sales to online retailers such as Amazon.
Lilly committed to China despite IP woes
Indianapolis-based Eli Lilly and Co. is one of several Western pharmaceutical firms that see China as a linchpin of growth in coming years, due to patent expirations and a slowdown in government reimbursements for prescription medicines in the U.S. and European markets.