The IBJ Podcast with Mason King - podcast cover

The IBJ Podcast with Mason King

IBJ Media
A weekly take on business news in central Indiana from the Indianapolis Business Journal. The IBJ Podcast is brought to you by Taft.
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Episodes

Jon Laramore traded a prestigious law firm job for a gig helping low-income Hoosiers

Jon Laramore served as chief counsel for two governors and spent 10 years at what was then Faegre Baker Daniels. But he left in 2015 to become executive director at Indiana Legal Services, the state's largest, independent low-income law clinic, where he's expanded the number of people served as well as the organization's staff. He talks with host Mason King about the legal needs of people in poverty, those who have been released from prison and clients facing health challenges. And King question...

Mar 02, 202027 minEp. 91

Indy readies for 2021 All-Star Game—to be love letter to basketball

IBJ's Mickey Shuey headed to Chicago for the 2020 NBA All-Star Game to see how the Windy City hosted what has become one of sports' biggest weekends. He wasn't alone, of course. Indy's All-Star Game host committee sent a big contingent to Chicago as well, to make sure they're as ready as possible to host some 100,000 fans when the game lands at Bankers Life Fieldhouse next year. Shuey details what he and Indy officials learned in Chicago and explains how the local host committee plans to make th...

Feb 24, 202023 minEp. 90

Here's why a mega liquor store is trying to move to Indiana

A ruling by the U.S. Supreme Court last year could open the door to out-of-state liquor stores moving into Indiana. In fact, Maryland-based Total Wine & More, the nation’s largest retailer of beer, wine and spirits with 206 superstores, has filed an application to open a store at 1460 E. 86th St. in the Nora Corners Shopping Center. An Indiana Alcohol & Tobacco Commission hearing is scheduled for March 2. IBJ reporter John Russell explains the Supreme Court's ruling, which struck down an...

Feb 17, 202016 minEp. 89

Hamilton County emerges as player in hemp industry

Hamilton County is emerging as a key player in the evolving hemp industry, primarily in the area of refining CBD oils from the plants for use in a variety of products. IBJ reporter Kurt Christian talks with host Mason King about what some are calling a "green rush," which follows a 2018 federal law that removed marijuana’s non-psychoactive cousin from the Controlled Substances Act. As a result, hemp-processing companies are investing millions of dollars into refineries across Hamilton County in ...

Feb 10, 202024 minEp. 88

Former Colt Gary Brackett talks turning his life as an underdog into a movie

Gary Brackett, a key part of the Colts' Super Bowl championship team in 2012, was a walk-on player at Rutgers University and wasn't drafted by an NFL team, forcing him to fight for a spot on the Indianapolis Colts. Along the way, he lost both his parents and his brother and wrote a book about his story. Now he's raising money to turn the book into a movie—in part by soliciting money privately but also through the crowd-funding platform Wefunder. He already has a trailer ( brackett.movie ) as wel...

Feb 03, 202029 minEp. 87

The session so far: Health care, teacher evaluations and hands-free phone use

Lawmakers are meeting for their short session and are considering bills to ban handheld mobile-phone use while driving, require more transparency in health care and decouple student test scores from teacher evaluations. And they're also spending money (even though this isn't a budget year) on some university construction and other special projects. That's cash from the state's budget surplus, and the spending will prevent the state from borrowing money for the projects. IBJ's Statehouse reporter...

Jan 27, 202029 minEp. 86

Here's why the feds are suing Community Health with help from a whistleblower

Federal authorities have accused Community Health Network of engaging in a years-long scheme to recruit physicians and pay them huge salaries and bonuses in return for giving referrals to the Indianapolis-based health system, allowing it to improperly receive money from Medicare. The health network has denied the allegations, but the government's case is based at least in part on information brought to light by Thomas Fischer, who served as Community Health’s chief financial officer from 2005 un...

Jan 20, 202021 minEp. 85

Deciphering 5G and the new Indiana 5G Zone

Everybody in tech is talking about 5G—the newest generation of wireless technology. In the simplest terms, it means faster data service for smart phones and other devices. But experts say 5G is about so much more. So host Mason King talks with Bill Soards, president of AT&T Indiana, and Sean Hendrix, who is the director of emerging technologies and partnerships for Purdue Research Foundation, about why 5G matters and how it could be used in the manufacturing, agricultural and other sectors. ...

Jan 13, 202031 minEp. 84

Pete the Planner talks setting 2020 resolutions about money

Podcast host Mason King has a hard time when it comes to keeping his New Year's resolutions. And this year, his goal relates to his family's finances. So he turns to Peter Dunn—aka Pete the Planner—to find out how to set the right goals and then how to keep them. Dunn explains the different types of financial goals: consumption goals (think vacation or a new fridge), debt elimination (student loans, credit cards) and accumulation (retirement, college savings). And the keys to achieving your goal...

Jan 06, 202030 minEp. 83

The top central Indiana stories of 2019

Penske Corp. buys the Indianapolis Motor Speedway, trucking giant Celadon shuts down, Eli Lilly and Co. makes its biggest acquisition ever and Ambrose Property Group withdraws from plans to redevelop the former GM stamping plant site. Those are just a few of the big stories of 2019 that will impact central Indiana for years to come. Podcast host Mason King talks with IBJ Managing Editor Lesley Weidenbener and reporter Anthony Schoettle about these and other stories, including the renovation plan...

Dec 30, 201928 minEp. 82

Rick Eichholtz talks about the closing of Ike & Jonesy's

When Rick Eichholtz and his wife, Linda Jones Eichholtz, opened Ike & Jonesy’s at 17 W. Jackson Place 35 years ago, downtown was a very different place. The Indianapolis Colts hadn't started playing yet, Circle Centre mall wasn't open and even Union Station was still under renovation. But Ike & Jonesy's found an audience quickly, in part by focusing on police, media, firefighters and a surprise group—lawmakers and lobbyists, who showed up every January when the legislative session began....

Dec 23, 201923 minEp. 81

The demise of a trucking giant

Celadon Group Inc. on Dec. 9 filed for bankruptcy and abruptly shut down, eliminating nearly 4,000 jobs and bringing to a bitter close one of central Indiana’s great entrepreneurial success stories. The trucking company launched with a single truck in 1985 and grew into the largest provider of international truckload services in North America, with more than 150,000 annual border crossings between the United States, Canada and Mexico. But in the years after its co-founder and longtime leader, St...

Dec 16, 201922 minEp. 80

Butler prez talks university's finances, future as challenges loom

Experts say smaller, private colleges and universities could be in trouble in the coming years as demographic trends mean there will be fewer students to fill an increasing number of spots at schools. Butler University James Danko tells podcast host Mason King that the school is taking those concerns seriously and is rethinking who it's serving, how it's distinguishing its offerings and the way it's preparing to innovate as technology changes education. The school is in a good financial position...

Dec 09, 201931 minEp. 79

Pat Sullivan makes the business case for his store's North Pole train

Five years ago, the head of locally owned Sullivan Hardware & Garden decided to create a Christmas experience for families at his location at East 71st Street and Keystone Avenue. Drawing on his memories of the Santa Express at the former L.S. Ayres department store downtown, Pat Sullivan bought a mini-train, created a North Pole and started selling tickets to families. It was an almost instant hit. And last year, about 35,000 parents and kids rode the train and visited with Santa. Sullivan ...

Dec 02, 201923 minEp. 78

How an Indy group will use $11.6 million to help black students achieve

The Indianapolis-based Center for Leadership Development has spent more than 40 years helping African American students excel in education and their lives—and it has received support from the Lilly Endowment from the beginning. But now, the endowment has made what officials are calling a "transformational" $11.6 million investment in the organization, which will help it expand the number of students it serves, put satellite locations in particularly needy neighborhoods, take programs directly in...

Nov 25, 201924 minEp. 77

The new owner of WISH is investing $3 million. He explains why.

Indianapolis native DuJaun McCoy is back home with a big project. In April, he purchased WISH-TV Channel 8 and sister station WNDY-TV Channel 23 for $42.5 million, becoming the only black owner of a TV station in a Top 50 market. Now, he's investing $3 million in equipment and a new vehicle fleet to help his team compete. And he's adding more than 20 people to the staff—including more salespeople and journalists, with an emphasis on multicultural and medical reporting. McCoy talks with podcast h...

Nov 18, 201928 minEp. 76

Roger Penske wants to create an 'entertainment capital' in Speedway. What does that mean?

When Roger Penske and his Penske Corp. acquire Hulman & Co., they're getting more than just the Indianapolis Motor Speedway and adjacent Brickyard Crossing Golf Course. In fact, Penske is buying some 950 acres in Speedway, about 37% of the land in the town. And Penske wants to turn that land and the community into an "entertainment capital." As an example, he points to the Kansas Speedway, where restaurants, an outdoor mall, major league soccer stadium, minor league baseball stadium, hotels ...

Nov 11, 201925 minEp. 75

Pete the Planner on the five deadly sins of money management

Managing money should be relatively easy, right? It's just math. Of course, we all know it's actually math plus a bunch of emotions and even baggage. Fear, envy, greed all play into our financial decisions—and sometimes our lack of action. This week, Peter "Pete the Planner" Dunn and host Mason King talk about the five deadly sins of money management, how to spot them and how to manage them. And both admit to some of their own foibles. Plus, Dunn talks about the biggest problem he sees today in ...

Nov 04, 201924 minEp. 74

Have you seen this guy painting on the Circle? That's no accident.

If you've spent any time on the Circle this summer, you've probably seen Justin Vining painting the Soldiers & Sailors Monument or the surrounding buildings or even the downtown streets and people. It's part of an effort the attorney-turned-artist is making to raise his profile as he prepares to move out of the popular Harrison Center for the Arts and into his own studio and gallery space in a building he and his brother, an attorney, have purchased. The marketing tactic has worked. People s...

Oct 28, 201927 minEp. 73

The latest on Indy's downtown restaurant scene: What's coming, what's going

Some of downtown Indy's most prominent restaurant locations are empty with the recent closings of Palomino, Hard Rock Cafe, Scotty's and Granite City. But brokers tell IBJ that the restaurant scene is healthy and the closings have more to do with problems at those individual chains. In fact, they say those spots should fill up fairly quickly. In this week's podcast, IBJ real estate reporter Mickey Shuey describes the downtown restaurant scene, with details about what's closing, what's opening an...

Oct 20, 201920 minEp. 72

Is it time to abandon the 'amateur' model for college sports?

California Gov. Gavin Newsome two weeks ago signed a bill into law that allows college athletes to profit from the use of their name, image and likeness. And the law expressly prohibits the Indianapolis-based NCAA, its member conferences and schools from barring players from doing so. That's a huge change for college sports, but it didn't come out of the blue. Talk about how to compensate athletes—some of whom play a crucial role in driving ticket sales and alumni donations—has been building for...

Oct 14, 201925 minEp. 71

The story behind one of Brown County's newest attractions—Hard Truth Hills

When Jeff McCabe and his partners first decided to go into business together, the goal was pretty simple: Nashville, Indiana, needed a brewery and they might as well be the ones to open it. So was born Big Woods, the first in a series of related companies that also includes Quaff ON! Brewing Co. and Hard Truth Distilling Co. Big Woods now has restaurants open or getting ready to open in Nashville, Bloomington, Speedway, Franklin, Noblesville and Westfield, while Quaff ON! brews some 10,000 barre...

Oct 07, 201927 minEp. 70

This vice principal's 'barber shop' helps turn boys into men

Fred Yeakey learned early in his teaching career that one way to have in-depth conversations with his students was to cut their hair. Something about the give-and-take that occurs during that interaction allowed kids to open up in ways he hadn't seen before. And so was born Mr. Yeakey's barber shop—a program the educator has taken with him as he's changed schools. Today, at Providence Cristo Rey High School, where Yeakey is vice principal of culture and mission, a handful of students gather week...

Sep 30, 201921 minEp. 69

This AI whiz chose Indy over Silicon Valley. He explains why.

Luke Zhang had offers from the biggest tech firms in the country when he graduated with three degrees—in computer science, software engineering and mathematics—from Rose-Hulman Institute of Technology. But Zhang chose to take a job instead with DemandJump in Indianapolis, a move he attributes to the people he met during a TechPoint internship program and the desire to be in a place where he could make a difference. Zhang, who came to the U.S. from China as a teenager, talks with podcast host Mas...

Sep 23, 201927 minEp. 68

How a former cop came to lead the area's top-selling real estate team

Dennis Nottingham was on a police run when he met a house flipper who piqued his interest in real estate. Not long after, Nottingham took some classes and got his real estate license. And for awhile, he sold houses on the side, while working the night shift for the Indianapolis Metropolitan Police Department. But after his daughter was born, Nottingham knew something had to give. So he moved into real estate full time, with a focus on selling foreclosures and homes in need of major rehab. Today,...

Sep 16, 201924 minEp. 67

How to prepare for the next recession

History tells us that a recession is all but inevitable. But just when the next slowdown will strike is a mystery. So is there something you should do now to prepare? IBJ columnist Peter Dunn —aka Pete the Planner—says yes. But unless you're within 10 years of retirement, resist making big changes to your investments. Pete talks to host Mason King about how to look at your budget and evaluate your readiness for a recession, and he offers advice about the kinds of changes that can help. Plus, he ...

Sep 08, 201924 minEp. 66

Upland expands Indiana footprint as it sends beer overseas

Upland Brewing Co. opened its main brewery and first brewpub in Bloomington in 1998 and this year will produce 16,000 barrels of beer a year, making it the state's third-largest brewer. It now operates two brewpubs in Indianapolis and one each in Carmel, Columbus and Bloomington, as well as tasting facilities at its two Bloomington breweries. Host Mason King talks with Pete Batule, Upland’s chief operating officer, about the company's growth, including its busy new brewpub in Fountain Square, an...

Sep 03, 201920 minEp. 65

Don Brown's newest venture combines his two passions: health and technology

Don Brown is best known in Indy tech circles for launching and selling high-profile tech companies, including Software Artistry, which he sold to IBM for $200 million, and Interactive Intelligence, which sold to Genesys for $1.4 billion. What many don't know is that he's also a doctor. That's right, Brown has a medical degree from Indiana University and and a master’s in biotechnology from Johns Hopkins University. (He earned the former while simultaneously earning a master's of computer science...

Aug 26, 201932 minEp. 64

Is the historic Drake building worth saving?

The Children’s Museum of Indianapolis last month announced it planned to demolish the Drake, a nearby, 91-year-old apartment building it owns, with the goal of using the space—at least for now—for additional parking. But historic preservationists want to save the building, and urbanists say the region needs more affordable housing, especially given that the Drake sits near a stop for the soon-to-open Red Line rapid transit route. IBJ reporter Hayleigh Colombo talks about the controversy—the poss...

Aug 19, 201918 minEp. 63

How Indy will use tax incentives to combat low wages

Soon companies will need to pay at least $18 an hour and offer other benefits—like health insurance or help with child care, transit or other worker needs—to be eligible for tax incentives and training grants from the city of Indianapolis. The change is part of an effort by the city and Indy Chamber to combat poverty and help move more lower-income residents into the middle class. Host Mason King talks with Ian Nicolini, vice president of Develop Indy, the city's economic development agency, abo...

Aug 12, 201922 minEp. 62
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