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State’s financial institutions leader quietly blazes trail: Appointment of Rice puts a credit union leader in top spot for first time; bankers group withholds judgment

March 19, 2007

Rick Rice’s ascension to chairman of the Indiana Department of Financial Institutions typically would be the type of lowkey government appointment that invokes nary a murmur of opposition. Why would it when current affairs facing the sevenmember panel are as harmless as allowing state-chartered financial institutions to charge patrons who wish to skip a loan payment? Yet, Rice’s selection in late January as head of the DFI board has the credit union community gushing with pride, and the banking industry…

Oxford BioSignals to create up to 120 jobs

March 16, 2007

How does aviation technology conceived at Oxford University and developed with the help of Rolls-Royce end up being tested at Methodist Hospital and commercialized in Carmel? Oxford BioSignals Medical CEO Frank Cheng knows the answer. Even better, he can explain why his startup is poised to add 120 jobs over the next few years. “At […]

Carmel medical device startup poised to expand

March 16, 2007

Oxford BioSignals Medical is expected to announce an expansion of its Carmel headquarters this afternoon, according to Indiana Economic Development Corp. Oxford has seven employees. Formed in 2000, Oxford BioSignals began its life when research scientists in the United Kingdom developed a new system to electronically monitor the performance of aircraft engines. By continuously monitoring […]

PROFILE: ELIZABETH HAHN ELLIS: Love of sports, organization really ‘peying’ off Foundation director coordinates philanthropic moves for Colts quarterback Peyton Manning

March 12, 2007

PROFILE ELIZABETH HAHN ELLIS Love of sports, organization really ‘peying’ off Foundation director coordinates philanthropic moves for Colts quarterback Peyton Manning There’s hardly a Hoosier today who hasn’t heard of Peyton Manning and his amazing plays on the field. But quietly coordinating the philanthropic plays behind the scenes for Manning’s PeyBack Foundation is Indianapolis native Elizabeth Hahn Ellis. As executive director of the 7-year-old charitable foundation, Ellis, 36, deftly fields requests from not-forprofit organizations seeking grants, contributions from individuals and…

BEHIND THE NEWS: WellPoint succession breeds unease on Wall Street

March 12, 2007

This isn’t the Well-Point Inc. way. The last two times the Indianapolisbased health insurer appointed a CEO-when Ben Lytle took the job in 1989 and Larry Glasscock succeeded him in 1999-there was no drama. The board had publicly, and painstakingly, groomed the new leader. WellPoint did nothing remotely similar this time around. As CIBC World Markets analyst Carl McDonald pointedly observed in a research note, “There’s clearly a gap in succession planning when a company of Well-Point’s size has to…

A whole new ballgame: More women stepping up to the plate in commercial real estate

March 12, 2007

Yogi Berra once said, “You give 100 percent in the first half of the game, and if that isn’t enough, in the second half you give what’s left.” Women are accepting his challenge with a chuckle, running onto the commercial real estate field and playing to win. They also are balancing home and family. Why not? The U.S. commercial real estate market is worth about $3.5 trillion, according to Real Capital Analytics, a New York research firm. Bridget Farren, founder…

J.D. Byrider disputes sale of three dealerships: Franchisees may balk at increasing cost of business

March 12, 2007

Used-car chain J.D. Byrider spent the last year recovering from the tragic death of its founder. It responded by posting its highest sales ever, $690 million. “It’s been tough emotionally,” said Steven E. Wedding, chief financial officer and president of franchising for the Carmel-based company, incorporated as Byrider Franchising Inc. “But from a business standpoint, we were prepared to carry on.” Even so, the late James F. DeVoe is clearly missed. Without him at the helm, Byrider has become embroiled…

Courts grapple with issues arising from Internet, blogs: Educators explore policies for off-campus activity

March 12, 2007

The World Wide Web and blogging explosion have created new hurdles for attorneys, especially those consulting on issues that arise from school districts trying to balance off-campus activities and school safety. As officials recognize that off-campus activity can spill into school hallways and classrooms, many are looking to policies that can prevent those actions outside school from impacting student safety or the overall educational process. “Internet blogging is one of the more publicized activities that pose both harm and benefit,…

Plan board rejects industrial park near Honda plant

March 9, 2007

A request to rezone 425 acres near the Honda Motor Co. plant near Greensburg was turned down in a 5-4 vote yesterday by the Decatur County Area Plan Board. California-based Panattoni Development LLC asked to change the zoning from agricultural to industrial in order to develop the land for light manufacturing and warehousing. Projects like […]

Profit, sales gain elude Conseco in fourth quarter

March 7, 2007

Conseco Inc. this morning reported a $3.7 million loss and a 3 percent decline in sales in the fourth quarter. The loss contrasted with a $67.6 million profit and about $89.8 million in sales a year earlier. The Carmel-based insurer warned in late February that profits might be wiped out by having to spend heavily […]

Democrats grooming Schellinger as candidate for governor

March 5, 2007

In the Democrats’ field of potential candidates to unseat Gov. Mitch Daniels, there are few household names. That’s why they’re
preparing to spend the next 19 months introducing you to Jim Schellinger.

Mixed-use project would transform Lawrence: Final piece of Fort Ben development includes residential, retail, offices

March 5, 2007

The final piece of a decade-long redevelopment of Fort Benjamin Harrison would give Lawrence a new downtown with shops, offices and public plazas mixed among as many as 1,000 condos, townhouses and apartments. The Fort Harrison Reuse Authority hasn’t settled on a name yet for the 88-acre project, but the quasi-governmental group’s board is expected to approve zoning updates this month that pave the way for the project. Public meetings will be held in March and April, and the first…

Sun Capital draining Marsh excess

March 5, 2007

Sun Capital Partners, Florida-based parent of Marsh Supermarkets, is unloading what it sees as excess real estate. Marsh put
19 properties on the market in late February for a total asking price of $10.6 million.

Lilly vacating 99,000 square feet in 30 S. Meridian building

March 5, 2007

Eli Lilly and Co. has decided to vacate 99,000 square feet of office space at 30 S. Meridian St. in yet another blow to the
struggling downtown market. Roughly 1.8 million square feet of space already is sitting idle downtown, putting downward pressure
on rents.

DST changes may create time trials: An extended schedule threatens calendars on electronic devices

March 5, 2007

It must seem like dÃ©jÃ¡ vu to Hoosier companies who again must prepare their computer networks for the confusion caused by daylight-saving time. Indiana’s first-ever switch to DST last year triggered a mass adjustment of electronic clocks essential for computers and other devices to spring ahead with the rest of the world. Now the ritual must be repeated, due to a 2005 federal law decreeing that DST start three weeks earlier and end one week later, beginning this year. The…

Doctor grows magazine with unusual strategy: Circulation hits 100,000 nationally and still climbing

March 5, 2007

A Carmel-based doctor turned publisher is celebrating his magazine’s first anniversary by rolling out plans to take his publishing and health care businesses nationwide. Radius magazine is poised for rapid growth due to its “no fluff” content, according to its founder, Dev Brar, who founded Carmel-based Nightingale Home Healthcare in 1996. Both businesses are operating out of a new headquarters at 1036 S. Rangeline Road, and Brar is hoping the two will grow hand-in-hand. Brar is using Radius to market…

Damage from hail still being tallied: Premiums may increase, but big jump not forecast

February 26, 2007

Hoosier homeowners and motorists could pay more for insurance this year in the wake of last April’s hailstorm that produced a nation-leading $1.5 billion in catastrophic claims. But even as insurers continue to pay for new roofs and car body repairs, industry experts say any increase would be less than 10 percent. So far, no insurance companies have formally requested a premium increase due to the hailstorm, according to the Indiana Department of Insurance, although claims continue to roll in….

Pets in the workplace: dog days or cat’s meow?: Animals a great benefit for some businesses, but others might whine about it

February 26, 2007

Sid Vicious-the cat, not the dead punk-rock renegade-and his feline friend Topper are almost as much a part of Halstead Architects as the eight employees. Perhaps they do enjoy destroying drawings more than sketching them, but their role at the Fountain Square firm has grown from mere mousers to beloved companions. That’s especially true for architect Jeff Schroeder, who adopted Sid from the Indianapolis Humane Society after a rodent crawled up his leg following the firm’s arrival at a former…

Meridian Street landmark gets new life

February 26, 2007

Buckingham Cos., the Indianapolis-based owner/manager of more than 60 apartment complexes in five states, has broadened its
development sphere to include three square blocks of downtown real estate.

Conseco reserve costs to wipe out fourth-quarter profit

February 23, 2007

Conseco Inc. expects to spend $53 million after taxes to shore up capital reserves for its long- term care and core insurance businesses, the company announced today. The Carmel-based insurer said the expense likely will wipe out its fourth-quarter profit, which Conseco now will announce on March 6, a week later than originally planned. During […]

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8,709 results for 'Carmel'

People

Kurt Beier

Articles

State’s financial institutions leader quietly blazes trail: Appointment of Rice puts a credit union leader in top spot for first time; bankers group withholds judgment

Oxford BioSignals to create up to 120 jobs

Carmel medical device startup poised to expand

PROFILE: ELIZABETH HAHN ELLIS: Love of sports, organization really ‘peying’ off Foundation director coordinates philanthropic moves for Colts quarterback Peyton Manning

BEHIND THE NEWS: WellPoint succession breeds unease on Wall Street

A whole new ballgame: More women stepping up to the plate in commercial real estate

J.D. Byrider disputes sale of three dealerships: Franchisees may balk at increasing cost of business

Courts grapple with issues arising from Internet, blogs: Educators explore policies for off-campus activity

Plan board rejects industrial park near Honda plant

Profit, sales gain elude Conseco in fourth quarter

Democrats grooming Schellinger as candidate for governor

Mixed-use project would transform Lawrence: Final piece of Fort Ben development includes residential, retail, offices

Sun Capital draining Marsh excess

Lilly vacating 99,000 square feet in 30 S. Meridian building

DST changes may create time trials: An extended schedule threatens calendars on electronic devices

Doctor grows magazine with unusual strategy: Circulation hits 100,000 nationally and still climbing

Damage from hail still being tallied: Premiums may increase, but big jump not forecast

Pets in the workplace: dog days or cat’s meow?: Animals a great benefit for some businesses, but others might whine about it

Meridian Street landmark gets new life

Conseco reserve costs to wipe out fourth-quarter profit