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Articles

Sympathy for New Orleans may ruin Indy’s Super Bowl bid

November 27, 2006

The stiff competition facing Indianapolis’ bid for the 2011 Super Bowl just got stiffer. Besides Glendale, Ariz., and Dallas, New Orleans officials have told NFL officials and team owners they want to host the championship game again as part of the city’s recovery from Hurricane Katrina.

SPORTS: Forget today-for now; Let’s talk Pacers history

November 27, 2006

In honor of the Indiana Pacers’ 40th anniversary season, let’s stroll down memory lane and gather some all-time picks: MVP: Reggie Miller First team: center Mel Daniels; forwards Roger Brown and George McGinnis; guards Reggie Miller and Vern Fleming Second team: center Rik Smits; forwards Billy Knight and Chuck Person; guards Mark Jackson and Don Buse Third team: center Jermaine O’Neal; forwards Dale Davis and Herb Williams; guards Freddie Lewis and Johnny Davis Best player that would have made the…

Faced with competition, record shops look for fresh ways to rock

November 27, 2006

Music CD sales are falling–down 8 percent so far in 2005–while digital downloading of music jumped 163 percent. And nearly one-third of the nation’s record stores have closed in the past three years. Even so, Indianapolis record-store owners say they’ve been reasonably successful adapting to a changing marketplace.

SMALL BUSINESS PROFILE MILESTONE ADVISORS: CFOs for hire: Company fills financial gaps Consultants provide expertise small businesses may be lacking

November 27, 2006

SMALL BUSINESS PROFILE MILESTONE ADVISORS CFOs for hire: Company fills financial gaps Consultants provide expertise small businesses may be lacking Tom Gabbert and Glenn Dunlap started Milestone Advisors three years ago with a couple dozen clients already in tow, parlaying their previous experience and contacts into a new venture. They’ve been using it to help other businesses shore up their financial foundations ever since. Milestone Advisors provides financial management, strategic planning and related services to small to medium-size businesses with…

Biz park plan west of Plainfield counting on cheaper land

November 27, 2006

Plans are in place for a 400-acre mixed-use development off Interstate 70 just west of Plainfield–an area quickly becoming the next big thing in industrial real estate.

NOTIONS: Let’s clear the air at state schools

November 27, 2006

Long ago, I did some work for Special Olympics. In the process, I learned a semantic preference of the organization: One never says “mentally retarded people.” One says “people with mental retardation.” The rationale: These athletes are people first, not a condition. Long ago, I also did AIDS education and prevention work. In the process, I learned a semantic preference of health organizations and their clients: One never says “AIDS victims.” One says “people with AIDS.” The rationale: Those with…

Pacers seek bigger share of NBA revenue

December 4, 2006

Indiana Pacers co-owner Herb Simon has thrown his support behind an effort to pressure National Basketball Association Commissioner
David Stern to implement more aggressive revenue sharing among NBA franchises.

ECONOMIC ANALYSIS: Legislative process has its own language

December 4, 2006

It’s probably not wise to admit this in a family-friendly publication, but one of my favorite comedians always has been George Carlin. The man has a genius for zooming in on the language we hear and use every day and finding nuances and symbolism that we never knew was there. Every time I land in an airplane, I have to laugh, because George Carlin reminded us how crazy it is for the pilot who landed at the same time we…

IPL plan secrecy brings rebuke from watchdog group

December 4, 2006

The state’s public access counselor says Indiana’s utility regulators failed to make a legal case for keeping information
about Indianapolis Power & Light’s controversial “Elect Plan” out of public view.

EYE ON THE PIE: ‘Tis the season for economic foolishness

December 4, 2006

This is the best time of the year. Thanksgiving is over and the signs of Christmas have yet to bore us. All the truly crazy people have identified themselves by shopping on the days immediately following Thanksgiving. New and old ideas are blossoming for consideration by the Indiana General Assembly. Gov. Mitch Daniels has given us the Commerce Connector, a nifty addition to our highway road map. This would be a new outer loop around Indianapolis, serving Greenfield, Shelbyville, Franklin…

Standard Management continues perilous skid: Company reports more losses; stock value sinks

December 11, 2006

Standard Management Corp. stock peaked five days into 2006 at $1.55. It’s spent the rest of the year in a free fall that observers believe will culminate with the company’s filing for bankruptcy. The Carmel-based pharmaceuticals distributor reported a $10 million loss in the third quarter, bringing losses for the first nine months of 2006 to $14 million. The red ink, along with executive turnover and a string of failed acquisitions, has sapped investor confidence. The company’s shares, which traded…

Residents say safety is a growing concern: Survey: Fewer feel comfortable downtown after dark

December 11, 2006

Most central Indiana residents feel safe in downtown Indianapolis when the sun is out, but remain leery of the city at night, according to a study by the IUPUI Department of Tourism, Conventions and Event Management. The annual study, which is designed to gauge the impact of cultural tourism on quality of life, gives the city high marks overall in areas ranging from cultural attractions to cleanliness, public transportation to parking. But it also shows the city has more work…

Stadium walkway carries $10M tab

December 18, 2006

An enclosed connector is set to be built, partly underground, that will link Lucas Oil Stadium to the soon-to-be expanded
Indiana Convention Center. It will span about a quarter of a mile and cost more than $10 million.

SPORTS: Even a Knight detractor can find reasons to miss him

December 18, 2006

I have a close friend with whom I can discuss amicably any subject under the sun. Except one: Bob Knight. My pal considers the hiring of Knight one of the greatest deeds in the history of Indiana University, and the firing of Knight one of its worst. He believes former IU President Myles Brand is the devil and former Athletic Director Clarence Doninger was an incompetent boob. My friend traces virtually all of IU’s athletic and academic shortcomings to that…

‘Old fashioned’ values manufacture Motionwear’s growth: Acquisition should fuel leotard-maker’s expansion

December 18, 2006

It might seem as though the low cost of labor overseas has shifted the entire U.S. textile industry to Asia, never to return. Indianapolis-based leotard-maker Motionwear Inc. proves otherwise. The 120-employee company was acquired this month by the Italian sportswear firm FILA for an undisclosed sum and, as a result, it’s poised to expand locally. Tom Wilson started the company in his attic in 1988 because his daughter Erin, an aspiring dancer, couldn’t find performance apparel she liked in retail…

Luxury Conrad hotel off to bumpy start

December 18, 2006

For its first nine months, occupancy at the Conrad Indianapolis has lagged the downtown average. Rates have fallen as the
hotel tries to fill more rooms. Employees have worked behind the scenes to fix kinks.

Courting continues between Clarian, Morgan: Both sides look to build on months-old agreement

December 18, 2006

A working relationship Clarian Health Partners started in March with Morgan Hospital & Medical Center might evolve into something much bigger in the new year. Representatives of both systems say they want to strengthen their regional development agreement, and they count an acquisition of the county-owned hospital by Clarian-the largest hospital system in the state-as one of many possibilities they might examine. “I think both sides have considered a number of options from clinical affiliations to consolidation,” Clarian spokesman Jon…

Cities losing cable power

December 18, 2006

In the last several weeks, cable TV operator Comcast has sent out 26 “Dear John” letters to Indianapolis and other metro-area
cities, informing them it has dumped its local cable franchise agreements and gotten hitched to a single, statewide video
franchise.

More givers asking not-for-profits to meet goals before getting donations

December 18, 2006

Restricted gifts have long been common among foundations and corporate funders, but now individuals are getting into the act,
too. Experts say more donors are attaching conditions to their contributions to encourage the recipient to push itself to
achieve.

Analysis shows little savings in biz-group consolidation

December 18, 2006

The merger of four of central Indiana’s biggest business development organizations might achieve only modest cost savings,
or even be more expensive than the status quo, a confidential financial analysis obtained by IBJ shows.

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