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Landing ad revenue: Airport charged up over sponsorship of electrical outlets

January 23, 2006

Advertisements for mutual funds, watches and kolaches. Now as you wait at the gate for your flight, you’ll even see ads on electrical outlets. The Indianapolis Airport Authority on Jan. 20 was expected to approve a $65,000 marketing partnership with Chase in what is the latest and certainly the most electrifying of all advertising schemes at Indianapolis International Airport. These are desperate times for marketers. Too many ads are getting lost in the shuffle. And barraged consumers have figured out…

Bedroom community awakens to growth nightmare: McCordsville land use, design standards put to test

January 23, 2006

This town is grateful just to have had a dentist hang out a shingle along its main drag the other day. McCordsville even held a ribbon cutting for a gas station-that remodeled. It’s hard to figure the locals would be uptight about much in the way of development. But, recently, the folks at Mc-Cordsville’s veterinary-clinic-turnedtown-hall took a long look a couple of miles north, to Fishers-the poster-child for explosive residential development-and they winced. So McCordsville recently adopted a land use…

INVESTING: Confused by Guidant? Here’s the CliffsNotes version

January 23, 2006

I’ve developed whiplash trying to follow the Guidant story. This situation has it all: drama, suspense, confusion, even death. I am going to offer a quick rehash of what has happened, what it can mean locally and what, if any, profit opportunities remain. To get the entire story straight would take a new series called “CSI Indianapolis,” but here is a CliffsNotes version instead. Guidant was a division of Eli Lilly until 1995. Lilly spun Guidant off at around $5…

Bills push for health incentives: Measures dangle carrots to quit smoking, shape up

January 23, 2006

A couple of state senators want to tame rising health care costs by delivering extra motivation to help government workers get in shape and other employees quit smoking. Sen. Vi Simpson, DEllettsville, has introduced a bill that would knock $100 off the annual health insurance premiums of state employees who complete a yet-to-be-designed wellness program. Sen. Beverly Gard, RGreenfield, is pitching legislation making it easier for employers to dangle incentives to curb smoking. That could lead to cash rewards for…

Walther looks to change funding approach: Cancer institute’s shift in emphasis to grants worries some researchers

January 16, 2006

Walther Cancer Institute is shifting the way it spends millions of dollars on research every year, a move that adds an element of anxiety to some research labs at the Indiana University School of Medicine. The Indianapolis not-for-profit spent its first 20 years helping to build the research infrastructure at Purdue University, Indiana University and the University of Notre Dame by spending millions to pay the investigators who work there. Now, its leaders say they want to focus the money…

EYE ON THE PIE: Indiana turning toward Houdini plans

January 16, 2006

“What should the Indiana General Assembly do during this session?” The question came from Ralph Write, a newly minted reporter. “I’m glad you asked,” I replied. “Simple solutions from simple people would be simply spectacular. But the issues are complex and I don’t know if the legislators have the information they need to decide intelligently any of the major questions before them. “For example,” I expounded, as Ralph took more notes than were warranted by my remarks, “there is the…

Builders remain bullish: Area likely to escape home construction slump, experts say

January 16, 2006

When home mortgage lender Fannie Mae this month predicted home sales might fall as much as 10 percent in 2006, Wall Street shuddered. Shares of home builders dropped, temporarily stalling a rally in the broader stock market-and raising questions whether the pace of new subdivisions in central Indiana might slow. Yet despite the discouraging outlook for the national housing market, builders active in central Indiana remain optimistic, singing a common refrain: not here. As it has for the past two…

Aearo aiming for IPO: Giant in safety equipment wants to raise $230 million, plans overseas expansion

January 16, 2006

An Indianapolis company that makes earplugs, hard hats and other protection gear used by everyone from soldiers to construction workers has laid the foundation for an initial public stock offering. Aearo Technologies Inc. plans to raise up to $230 million in the offering and list its shares on the New York Stock Exchange, according to its registration statement filed late last year with the U.S. Securities and Exchange Commission. But the filing leaves blank a number of key details-such as…

IRSAY’S ODYSSEY: Owner learned from life in NFL to build winning team

January 16, 2006

The Indianapolis Colts' evolution from perennial patsy to Super Bowl favorite is a body of work with a seldom-told—and often misunderstood—history. It's easy to see the hues all-pros Peyton Manning, Marvin Harrison and Edgerrin James painted on this masterpiece season. President Bill Polian and Coach Tony Dungy certainly colored the landscape. And Offensive Coordinator Tom Moore added his creativity. But theirs aren't the only signatures on this canvas.

Kosene condo plan rankles residents: Broad Ripple developments would undermine character of village, neighborhood groups say

January 9, 2006

Kosene & Kosene Residential LLC wants to follow the success of its sold-out Monon Row condominium project in Broad Ripple with two new projects. But it’s facing strong opposition from nearby residents, who say the high-density projects are out of step with the small-town character of the village. The Indianapolis-based developer is seeking rezoning that would allow it to build 23 condos at 66th and Ferguson streets and 28 condos along the Monon Trail south of Broad Ripple. Buildings would…

‘Crammers’ facing big fines: Two firms accused of billing phone customers for directory assistance services not ordered

January 9, 2006

As in $1,071,000. That’s how much the Office of Utility Consumer Counselor wants the Indiana Utility Regulatory Commission to ring up in fines against Casper, Wyo.-based Micronet Inc. It also requests that the commission turn over the case to Indiana Attorney General Steve Carter for prosecution under the state’s deceptive practices act. Micronet is accused of billing hundreds of Indiana business, residential and state government lines in late 2004 and early 2005 for directory assistance service callers never requested or…

State’s plans for Larue Carter remain uncertain: New hosptal ideas are still under consideration

January 9, 2006

A year after the administration of then-Gov. Joe Kernan proposed building a new Larue D. Carter Memorial Hospital, the future of Indianapolis’ lone state-owned psychiatric hospital remains murky. The Indiana State Office Building Commission bought an 18-acre site near the IUPUI campus in December 2004, during the waning days of the Kernan administration. State officials talked then about spending as much as $55 million to build a Larue Carter that would replace the existing hospital, which is part of an…

NOTIONS: Resolved: No dropping the ball after the ball drops

January 2, 2006

Does your January break With a master plan? A savvy scheme? Sophisticated strategies and tactics? Or will you wing it, Taking each day as it dawns, Making the most Of each passing moment? Do you begin with an honestly clean slate? Or do lingering regrets, (Unsaids and undones), Cloud your New Year’s premiere? Was the year just past a good one for you? Did it enrich your mind and spirit? Did you enjoy good health? Did you give and get…

EYE ON THE PIE: Cost-of-living is with us, not in the stars

January 2, 2006

“I saw your column last week about the cost of living and I think you are a fool.” That was among the kinder messages on my mental answering machine, the one that records the thoughts I imagine readers have after reading my columns. All I had done was explain that the major differences in living costs in different places are related to housing. Housing prices reflect income levels, the benefits of living in different places, and the limitations on building…

Education, work force key hurdles to new economy:

January 2, 2006

Having recently returned to Indiana after a 15-year absence, I see a region filled with both challenges and opportunities. The Central Indiana Corporate Partnership, the organization I’ve returned to serve as president and CEO, is focused on long-term economic prosperity for our region. To this end, our people are our most valuable resource. Unfortunately, central Indiana faces a significant challenge in making our human capital match our goal of a knowledgebased, 21st-century economy. Indiana ranks 46th in the educational attainment…

SPORTS: The good, the bad and the hoped for in sports

January 2, 2006

Even with some disappointments sprinkled in (Ron Artest, Purdue football and no state teams in the NCAA men’s basketball tournament), 2005 was an outstanding year for sports in Indiana. But 2006 will be even better. In that vein, we look back, and we look ahead: Best local sports stories of 2005 1) The passing of the funding mechanisms at the state and local levels that led to the Sept. 20 groundbreaking for Indiana Stadium. While Reggie Miller’s retirement from the…

STATEHOUSE DISPATCH: Short legislative session may be eventful, for a change

January 2, 2006

We’ve all become lulled into assuming that the so-called “short” session of the Indiana General Assembly in the even-numbered years is the political equivalent of the practice of medicine: First, do no harm. In election years, lawmakers are reluctant to do much beyond that which they must do to protect public health, safety and treasury. The short session originated as a vehicle for handling emergencies arising between the odd-numbered-year budget sessions, and many legislators-particularly those seeking re-election-didn’t see much cause…

Drug costs on chopping block: M-Plan introduces pill-splitting program

January 2, 2006

Indiana’s second-largest insurer, M-Plan Inc., welcomed some of its customers to the new year with a pill-splitting program that can chop prescription drug costs in half. The Indianapolis-based health maintenance organization became part of a growing crowd of insurers endorsing a money-saving concept long practiced by doctors and patients. However, pill splitting still stirs a healthy dose of concern over safety in some corners of the pharmaceutical world. “I’ve had arguments with insurance companies about this for years,” said Skip…

In the new year, building on the successes of 2005:

January 2, 2006

This past year was one of the most active and successful in our city’s history. We pushed through legislation to fund an expansion of the Indiana Convention Center and build a new multi-purpose stadium, both of which will be tremendous boons to our region’s economy, pumping in more than $2.25 billion in investment and creating more than 4,200 permanent jobs over the next 10 years. In addition, through the leadership of the governor and legislature, a one-of-a-kind regional funding solution…

EYE ON THE PIE: Cost of living depends on how you live

December 26, 2005

“You can find warmer,” I said, “but I’m not sure you’ll find nicer anywhere.” “Well, if you don’t want to go, I could go myself,” Myrtle pouted. “I could be a muse anywhere; it’s a transferable skill and I don’t need a license to practice. I’d just find some nice writers or artists in another place, or even offer inspiration over the Internet.” “How much do you make a year, Myrtle?” I asked. “None of your business,” she said curtly….

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Articles

Landing ad revenue: Airport charged up over sponsorship of electrical outlets

Bedroom community awakens to growth nightmare: McCordsville land use, design standards put to test

INVESTING: Confused by Guidant? Here’s the CliffsNotes version

Bills push for health incentives: Measures dangle carrots to quit smoking, shape up

Walther looks to change funding approach: Cancer institute’s shift in emphasis to grants worries some researchers

EYE ON THE PIE: Indiana turning toward Houdini plans

Builders remain bullish: Area likely to escape home construction slump, experts say

Aearo aiming for IPO: Giant in safety equipment wants to raise $230 million, plans overseas expansion

IRSAY’S ODYSSEY: Owner learned from life in NFL to build winning team

Kosene condo plan rankles residents: Broad Ripple developments would undermine character of village, neighborhood groups say

‘Crammers’ facing big fines: Two firms accused of billing phone customers for directory assistance services not ordered

State’s plans for Larue Carter remain uncertain: New hosptal ideas are still under consideration

NOTIONS: Resolved: No dropping the ball after the ball drops

EYE ON THE PIE: Cost-of-living is with us, not in the stars

Education, work force key hurdles to new economy:

SPORTS: The good, the bad and the hoped for in sports

STATEHOUSE DISPATCH: Short legislative session may be eventful, for a change

Drug costs on chopping block: M-Plan introduces pill-splitting program

In the new year, building on the successes of 2005:

EYE ON THE PIE: Cost of living depends on how you live