Articles

PROFILE: Complexions Day Spa: Downtown day spa has glowing business Irvington native focuses on organic products, attracts clients from entertainment, sports scenes

Complexions Day Spa Downtown day spa has glowing business Irvington native focuses on organic products, attracts clients from entertainment, sports scenes Trinia Cox’s venture builds on a 10-year career in skin care and makeup artistry with stints in Chicago and Los Angeles. And the location of Complexions Day Spa on Massachusetts Avenue was a good fit with her background in the arts, including gigs as a singer with Dr. Bop and the Headliners and her own group, Trinia and the…

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SPORTS: Fixture on local sports scene continues 42-year run

Since he nearly died a couple of months back, now is probably a good time to write something about my friend, Bill York. After all, I’d at least like for him to be able to read it. York is one of those behind-the-scenes folks who gives Indiana a good name. To the local and national sports media, he personifies Hoosier Hospitality. For years, York has directed the media room operations at the Indianapolis Motor Speedway, Conseco Fieldhouse (Market Square Arena…

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Daniels seeks to copy key-clusters strategy: Industry initiatives would mimic BioCrossroads plan

If imitation is the sincerest form of flattery, BioCrossroads has been vindicated. Gov. Mitch Daniels hopes to see a series of similar industry initiatives sprout around key clusters in Indiana’s economy. He envisions parallel initiatives for manufacturing, transportation and logistics and a series of other crucial business sectors. “We’d love some company,” said BioCrossroads CEO David Johnson. As outlined in Daniels’ “Accelerating Growth” economic development plan released last month, the initiatives would be based on proven Indiana strengths and identifiable…

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Merger talks near finish?: George optimistic about open-wheel reunion; sources say deal may be reached by May 26

Indy Racing League President Tony George said earlier this year “the stars, moons and planets” would need to align for his series to merge with open-wheel rival Champ Car in time for the 2007 season. According to motorsports sources, the alignment appears to be happening, and George told IBJ he is cautiously optimistic. George said in a May 3 interview that discussions with Champ Car principal Kevin Kalkhoven are ongoing, but that there are still a number of issues to…

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BEHIND THE NEWS: California investor arrives with a splash-and a past

Remember the name Judah Hertz. The Californiabased real estate investor last month became a sizable player in the downtown Indianapolis office market, buying the Gold Building and 251 East Ohio for more than $40 million. But he has bigger aspirations here-and the cash to carry them out. “We like Indianapolis a lot,” Hertz said. “We’re definitely interested in purchasing more buildings in Indianapolis.” Plain-vanilla pension funds buy and sell buildings here all the time. By contrast, the 56-year-old Hertz is…

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Reebok should fit into Adidas’ global plan: Indianapolis facility finds an ally in NBA after 11-year apparel deal

Adidas-Salomon AG’s $3.8 billion acquisition of Reebok International is having ripple effects from Boston to Beijing. Those waves are likely to wash right through Reebok’s design and manufacturing plant on Indianapolis’ east side, which employs nearly 1,000. Reebok’s headquarters will remain in Canton, Mass., and Adidas will maintain its state-side headquarters in Portland, Ore., but officials for the German sporting goods giant have revealed little else about their plans for Reebok facilities. Adidas officials have said they project saving $212…

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SPORTS: This is the time and place for an open-wheel marriage

It’s May, so here’s something we should want to see even more than the field of (we hope) 33 taking the green flag on Race Day, something we should want to hear even more than Tom Carnegie’s baritone, something we should believe would have an even more positive long-term impact on open-wheel racing than a victory by Danica Patrick. Indeed, the best news to come out of this May would be the great news for next May. And that would…

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Land drove Marsh sale: Sun Capital has backup in real estate if grocery biz fails

When Marsh Supermarkets Inc. put itself on the block in November, the company’s stock dove. When it cut future executive compensation $28 million a month later, the stock continued falling. When it terminated 25 executives and closed two groceries and six convenience stores, shares slipped yet again. Nothing, it seemed, could stop the downward spiral. Then a footnote appeared in the Fishersbased company’s fiscal third-quarter financial report Feb. 21. It said an appraisal showed the company’s real estate was worth…

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Emmis fights radio doubt: CEO Smulyan defends his struggling industry as stock price continues to slide

Emmis Communications Corp.’s stock has fallen 80 percent in six years. Revenue from its radio stations is falling short of Wall Street expectations. And its bid for Major League Baseball’s Washington Nationals is running third in a three-horse race. But Emmis CEO Jeff Smulyan is as optimistic as he’s been in months. “I’m upbeat because I think this industry is ready to turn the corner, and Emmis is turning the corner,” Smulyan told Wall Street analysts after his company released…

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SPORTS: Keith Hernandez, meet Phyllis Ackerman, trailblazer

Former New York Met and current Mets announcer Keith Hernandez emerged from a cave April 22, observed that a member of the San Diego Padres’ training staff wa s – g a s p ! – a female, and opined on air that women have no place in a Major League dugout. Hernandez was promptly reprimanded by his employers and issued a tepid apology on the next Mets broadcast. This might come as a bulletin to the Neanderthalic Hernandez, but…

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Racing for the green: Rookie owner risks house and home to realize dream

“If somebody wipes one of them out, the associated residence goes with it,” he says, only half jokingly. Now in his 14th season in t h e m o t o r – sports industry, Crawford, 38, decided to hoist his own flag for the first time this year in the Indy Pro Series, open-wheel racing’s highest minor league. For the record, he’s not a wealthy man. The second property is the only investment he and his wife, Myra, haven’t…

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NASCAR a big deal for IRST: Role as security products provider could be worth $100M

Ingersoll Rand Security Technologies has been named NASCAR’s first official provider of security products, a deal that could mean substantial growth for the company’s Carmel headquarters and an Indianapolis manufacturing plant, which together already employ 900. IRST is a division of Bermuda-based behemoth Ingersoll-Rand Co., which is better known for agricultural, construction and transportation equipment sold under names such as Bobcat and Thermo King. The link with the racing circuit is expected to drive home the point that Ingersoll-Rand is…

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Ivy Tech to focus more on results, not just growth: Student success and broader ties with employers among goals of community college system’s five-year plan

After growing its enrollment 75 percent the last decade, Ivy Tech Community College of Indiana is shifting its focus to student retention. A top administrator also wants to expand the number of training courses offered at businesses, as a way to supplement the system’s $253 million annual budget. Some who’ve studied the state’s educational system have recommended that Ivy Tech spend more to hire additional full-time faculty to strengthen its effectiveness. The school’s five-year student retention plan calls for doubling…

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BULLS & BEARS: Day-to-day market headlines get in way of wise investing

Every day, the financial press and market pundits provide us with the reason for the previous day’s stock market activity. Following a down day, we might read an article headlined, “Investors sell stocks on fears of rising inflation.” Perhaps the next day the market rises and we see, “Stocks climb as investors see end to Fed interest rate increases.” What exactly happened overnight that caused this apparent shift in sentiment? Did investors sleep on it and the next morning collectively…

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SPORTS Bill Benner: A life lesson to remember: Television always rules

Even after all these years, my bride still sometimes forgets that there really are three sure things in life: death, taxes and the fact that television rules, especially in sports. As a guy who spent most of his life in the newspaper business, the increasing influence of television became an everlarger burr in my behind. Everything from the length of games (those four-hour-plus University of Notre Dame football games were especially excruciating) to deadlinecrunching late starting times to preferential treatment…

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CR Heroes Family Pub: Mom aims to serve up family-friendly pub in Fishers Restaurant, parenting experience helps owner manage her own place

Instead of using her elementary education degree from Ohio State University to teach youngsters, Stephanie Boehm chose to teach managers as a corporate trainer for Olive Garden restaurants. She’s never regretted that decision. Boehm’s background and on-the-job training as manager of a local Outback Steakhouse led to her current career as owner of CR Heroes Family Pub in Fishers. Boehm moved to Indianapolis from Ohio in 1994, when her husband was transferred here. After spending time as a stayat-home mom,…

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SPORTS Bill Benner: Is blowing up Pacers roster a risk worth taking?

On the last day of the regular season, many professional teams schedule “fan appreciation” ceremonies. Judging by the numbers of empty seats in Conseco Fieldhouse, the Indiana Pacers might hold “fan depreciation” night April 19 when the regular season comes to a merciful conclusion. The paying customers, as is their wont, are voting with their feet. Time to spend their evenings at home, or outdoors, enjoying the benefits of daylight-saving time (blame it on Mitch!), rather than witnessing another dark…

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Paid boards spur not-for-profit debate: Critics: If directors won’t give time, who will?

Indianapolis-based USA Funds is a large, complex organization, and members of its governing board are busy people. Same goes for the NCAA, another local not-for-profit with a national reach, a nine-figure budget and directors who are anything but professional volunteers. The two organizations have one key difference, though: USA Funds pays its board members. The NCAA does not. “It’s simply the nature of the world,” said Norm Lefstein, an Indiana University law professor who chairs the compensation committee at student-loan…

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NFL pulls plug on local TV crews: Team owners vote to oust videographers from games

Indianapolis TV stations say a new National Football League policy that bans them from the sidelines during games is a violation of their First Amendment rights and threatens a major source of income. A league-wide rule that was passed 32-0 by team owners March 28 allows only the licensed broadcast rights-holder to shoot sideline footage during games. The National Association of Broadcasters, Radio-Television News Directors Association and Society of Professional Journalists have petitioned to have the rule overturned. Though owners…

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SPORTS: Final Four manager enjoys his shining moments

On the day after the Men’s Final Four Basketball Tournament concluded, the NCAA’s Greg Shaheen said two national champions had been crowned: The University of Florida in winning, and the city of Indianapolis in hosting. For the local organizers, that was some sweet praise coming from an NCAA guy. Sure, one could question Shaheen’s objectivity. As many know, the 38-year-old is an Indianapolis/Carmel native who not that long ago was one of those local organizers. At the 1997 Indy Final…

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