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Articles

AT&T’s U-verse generates complaints as cable rival is rolled out

September 29, 2008

A baby born of Indiana telecom reform is having some teething pains. AT&T’s U-verse, Ma Bell’s high-tech answer to
cable television’s troika of video/voice/Internet service, has generated several consumer complaints to
state regulators since it was rolled out here in earnest last year. The complaints range from long installation
times to frozen television pictures that require rebooting the system or calling a technician.

Parks district to reuse RCA Dome roof

September 25, 2008

The Indianapolis Department of Parks and Recreation imagines a future where pieces of the RCA Dome roof are sprinkled throughout the city as everything from picnic shelters to shades for pool lifeguards. Director Stuart Lowry said the district hopes to salvage as much of the seven-plus acres of roof as can be taken down safely […]

RIP, RCA Dome

September 24, 2008

Today is deflation day for the 24-year-old RCA Dome. Former Mayor Bill Hudnut is scheduled to begin letting the air out at 10:30 a.m. The stadium was built for $82 million…

WellPoint pushes sales force to market life, dental, vision

September 22, 2008

WellPoint Inc. touts as the company’s biggest strength its dominant market share in its health insurance markets. But now
the officers of the company are working to branch out beyond health insurance. They’re training their sales force
on how to better sell dental, vision and even life and disability insurance–which WellPoint refers to as its specialty group
of products.

Hands-on strategy turns Mike’s Carwash into industry model

September 22, 2008

Mike’s Express Carwash makes money the old-fashioned way. The second-generation family affair, now celebrating its 60th
year, has invested its reserves in steady expansion, becoming a model for the $23.4 billion industry in
the process. And its owners still sweat the small stuff.

SPORTS: Time to deflate that which inflated city’s image

September 22, 2008

Last week’s column looked ahead to the limitless possibilities of Lucas Oil Stadium. This week’s topic is a last look back at the Hoosier/RCA Dome because, this Wednesday, the Dome will be deflated and it will pass forever from our skyline. But not from our memories. Imagine our city without it. There would be no Indianapolis Colts. There likely would be no forthcoming Super Bowl, no Final Fours and no NCAA headquarters. There likely would have been no Pan American…

Tough economy touching all industries, but some are hurting more than others

September 22, 2008

Stock markets are falling, jobs are disappearing, and the outlook for the economy seems grim. Banks, real estate developers,
retailers and manufacturers are taking the worst hits, but all types of businesses in central Indiana are hurting. From health
care to technology, education to philanthropy, every industry is trying to take the setbacks in stride.

INVESTING: Excessive use of leverage now walloping Wall Street

September 22, 2008

Here’s a well-worn saying about businesses that engage in risky behavior: “You only find out who has been swimming naked when the tide goes out.” If so, we are nearing low tide and the biggest nude beach on the planet is on display in lower Manhattan. These recent events are historic. Lehman Brothers, a 158-year-old firm that survived the Depression and world wars, was forced into bankruptcy due to leveraged bets on subprime securities and risky loans made over the…

Parking for disabled Colts fans ID’d

September 19, 2008

The Indiana Stadium and Convention Building Authority announced today that 125 to 150 additional parking spaces for guests with disabilities have been identified around Lucas Oil Stadium.

The ISCBA said three areas will now…

Regional banks surge amid Wall Street turmoil

September 18, 2008

As stock prices of Wachovia Corp. and other big names in banking take massive hits, regional banks like Integra and Old National in Evansville are quietly racking up large gains. An analysis of the best-performing Indiana stocks since Sept. 1 reveals regional banks atop the list. Integra Bank Corp. has seen its shares soar nearly […]

Wall Street woes crash Colts’ value

September 16, 2008

The crash on Wall Street yesterday reverberated right through the Indianapolis Colts’ 56th Street headquarters. How on earth are a stock market decline and the National Football League related? Here’s how.

Forbes magazine last…

Safeco weighs downtown exit; owners of insurer’s building market space

September 15, 2008

Insurance giant Safeco Corp. is expected to either vacate or scale back its downtown operation next year–a move that could
deal a major blow to the office market. At stake are about 700 downtown jobs, some or all of which could be eliminated or
shifted to the suburbs. A final decision about the fate of Safeco’s five-building downtown office complex likely will come
after Boston-based Liberty Mutual completes its $6.2 billion acquisition of Seattle-based Safeco.

VOICES FROM THE INDUSTRY: State buildings to go green thanks to executive order

September 15, 2008

Green construction projects in Indiana are becoming more the norm than the exception. More office buildings, schools and universities and even residences are being designed and constructed to improve environmental efficiency. And now, new and renovated state buildings will be a whole lot greener, too. Gov. Mitch Daniels signed an executive order this summer establishing the Energy Efficient State Building Initiative, mandating that all new state buildings be designed, constructed and operated for maximum energy efficiency. This is significant for…

EDITORIAL: Arts, parks need city investment: Amenities keep talent flowing here

September 15, 2008

Arts, parks need city investment Amenities keep talent flowing here Young, well-educated, married people seem to like Indianapolis. That’s one of the pieces of good news that came out of a new IUPUI study that was the subject of a frontpage story in last week’s IBJ. When it comes to young, well-educated singles, we still have a way to go. Indianapolis lags the national average 17 percent. Cities are chasing such young people to keep their communities and economies strong….

Green building movement picking up steam in Indiana: More than 100 LEED projects in pipeline statewide

September 15, 2008

The portfolios of local architectural firms are beginning to boast more ecofriendly projects. But it hasn’t been that way for long. The trend to seek Leadership in Energy and Environmental Design certification is a recent phenomenon that appeals not only to the tree-hugging crowd but corporations and government entities, too. “We’re definitely getting to the point where clients are asking us about the LEED process,” said Eric Anderson, a project architect at Axis Architecture + Interiors. “Whereas before, even [as…

SPORTS: Venue menu could be as limitless as the sky above it

September 15, 2008

Of this, that and the other while pondering the fact that the Indianapolis Colts have not yet been mathematically eliminated from the playoffs: So I’m sitting in Lucas Oil Stadium before that seasonopening loss to the Bears and my mind wanders, not to the present, but to the future. Yes, the stadium already is home to the Colts as well as upcoming NCAA basketball, including a men’s regional next spring, the men’s Final Four in 2010, and the Women’s Final…

Expectations high as Economic Club opens season: Group sees turnaround in sponsorships, attendance

September 15, 2008

Organizers of the Economic Club of Indiana believe they’ll hit a home run when their first speaker of the season, Eli Lilly and Co.’s new CEO, John Lechleiter, steps to the podium Sept. 24. “I believe John Lechleiter will blow the socks off the place,” predicted Steve Walker, who serves as club president and also is CEO of WalkerInformation. Just a few years ago, club organizers weren’t in a position to be so upbeat. Early this decade, the club witnessed…

Lilly Endowment crawls toward diversification goal: Bear market, low Lilly stock price slow selloff

September 15, 2008

Lilly Endowment Inc. is still on its journey to sell off $2 billion of its Eli Lilly and Co. shares. But after a slow start and a few stops for rest, it may take a little longer to get there than originally thought. The endowment, the single largest holder of Lilly stock, announced its plan to diversify its holdings back in July 2006. For nearly 70 years, the not-for-profit held its wealth almost exclusively in the pharmaceutical company’s stock. So…

RCA Dome to be deflated Sept. 24

September 12, 2008

Within just 45 minutes later this month, the RCA Dome will disappear from Indianapolis’ skyline, the Indiana Stadium and Convention Building Authority said today. The deflation, scheduled for Sept. 24, will be accomplished by turning off the fans that have kept the roof inflated since the dome was built in 1984. The Indianapolis Colts’ home, […]

Colts climb NFL valuation ladder

September 11, 2008

Lucas Oil Stadium has pushed the Indianapolis Colts into the upper echelon of the National Football League in terms of team value. The team jumped from 21st most valuable team last year to…

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