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News & Analysis
New $100M plan to map human brain could boost Lilly
April 2, 2013
Bloomberg NewsPresident Obama on Tuesday announced a campaign designed to develop treatments for some of the least understood brain disorders,
an effort that could benefit health care giants Eli Lilly and Co. and others.
MoreLilly warehouse thieves had security report, lawsuit says
April 2, 2013
Associated PressA federal lawsuit contends that thieves who broke into an Eli Lilly and Co. warehouse in Connecticut three years ago and stole
more than $60 million worth of drugs obtained a copy of a report that revealed weaknesses in the building's security system.
MorePedcor moving ahead with $13M Central State apartments
April 2, 2013
Scott OlsonThe Retreat on Washington would be the developer's second project at the former psychiatric hospital campus on Indianapolis'
west side.
MoreMass-transit bill hits detour in Senate committee
April 2, 2013
Kathleen McLaughlinMembers of the state's Tax and Fiscal Policy Committee voted 12-0 on Tuesday morning to stall legislation that would give
central Indiana voters the ability to choose if they want to pay higher taxes for expanded mass transit.
MoreLilly to spend $180M doubling size of Indy plant
April 2, 2013
The new investment will bring the plant's total price tag to $320 million as the pharmaceutical giant seeks to increase production
of insulin and related products.
MoreWellPoint jumps after feds reverse Medicare decision
April 2, 2013
Bloomberg NewsShares of Indianapolis-based WellPoint rose along with those of other medical insurers Tuesday morning after the U.S. government
reversed a decision to cut a key Medicare payment rate, offering them an increase instead.
MoreIndiana bottle maker pushing for refund law
April 2, 2013
IBJ Staff and Associated PressA central Indiana company that makes glass bottles and jars is urging state lawmakers to pass legislation requiring refundable
deposits on beverages sold in recyclable bottles and cans.
MoreCarmel financial adviser accused of using faith to prey on victims
April 1, 2013
Associated PressA central Indiana man banned from selling investments faces 10 securities fraud counts for allegedly using shared Christian
beliefs to dupe clients out of more than $580,000.
MoreFox59 news chief to depart for San Francisco station
April 1, 2013
Chris O'MalleyOver his four-year tenure, Lee Rosenthal helped WXIN-TV Channel 59 more than double the airtime it devotes to news.
MoreAppeals court upholds Marsh's $18.2M award from Roche
April 1, 2013
IBJ Staff, Jennifer Nelson / The Indiana LawyerThe Indiana Court of Appeals upheld an $18.2 million judgment Monday in favor of Marsh Supermarkets LLC on its complaint alleging
that Roche breached a contract to sublease space in the Fishers building that houses Marsh’s headquarters.
MoreHouse pursues 'Arkansas model' on health coverage
April 1, 2013
J.K. WallIndiana could expand health insurance coverage for low-income Hoosiers entirely through private health insurance plans under
an amendment adopted by a House committee on Monday. The change was immediately criticized by the Pence administration.
MoreWTHR hires former producer as news director
April 1, 2013
Chris O'MalleyThe NBC affiliate in Indianapolis said Monday it has hired Kathy Hostetter, currently news director at WAVE-TV Channel 3 in
Louisville, to fill a news director post that has been vacant since January.
MoreCommunications firm plans 100-plus area layoffs
April 1, 2013
IBJ StaffFort Wayne-based communications firm Briljent LLC plans to lay off between 100 and 130 employees at its Indianapolis office
after losing a large federal contract with the Centers for Medicare & Medicaid.
MoreWhitsett bids to redevelop Star headquarters
April 1, 2013
Scott OlsonOne of the city's most prolific developers of affordable housing hopes to buy the Indianapolis Star headquarters
to redevelop the property into apartments or condominiums.
MoreIndiana's health care transparency laws get failing grade
April 1, 2013
J.K. WallIndiana’s laws requiring hospitals to release price information are woefully inadequate, according to a report by two
health insurance reform groups. Indiana was among 29 states to receive an "F" grade.
MoreSherry Labs snapped up by Netherlands corporation
April 1, 2013
Jeff NewmanThe materials-testing business with nearly 300 employees has been acquired by Element Materials Technology. Sherry had been
owned by a group of well-connected central Indiana businessmen.
MoreJ&J wins OK for first in new class of diabetes drugs
March 31, 2013
Bloomberg NewsJohnson & Johnson, the world’s largest seller of health-care products, won approval for the first in a new family
of diabetes drugs, giving them the edge against rivals including Eli Lilly and Co. that are developing similar medicines.
MoreCarbon Motors pulls equipment from Indiana plant
March 31, 2013
Associated PressA company that had hoped to open a high-tech police car plant employing as many as 1,500 workers in eastern Indiana has cleared
out its plant amid the resignation of a key official.
MoreLawmakers debate what counts as gambling expansion
March 31, 2013
Associated PressThe differences between the electronic and standard table games are being portrayed to state lawmakers as one of life and
death, with proponents of a bill that would allow racetrack table games saying they would add jobs while not substantially
changing what the racetracks already offer.
MoreHoosier Lottery expanding ticket-selling hours
March 31, 2013
Associated PressThe private operator of the Hoosier Lottery is expanding the hours that convenience stores and other outlets can sell lottery
tickets, a change that allows those sales to continue late into the night.
MoreIndy controller gets 29 months for bilking Frakes Engineering
March 31, 2013
Associated PressBrenda K. Helpling was sentenced Thursday by a federal judge who also ordered her to pay more than $410,000 in restitution
to Frakes Engineering. The 52-year-old had pleaded guilty in November to mail fraud.
MoreIndiana lawmakers OK bill creating child commission
March 31, 2013
Associated PressThe Indiana Legislature has backed a measure that would create a new state commission to focus on children's issues and
provide oversight to a troubled state agency.
MoreGraphic designer advises marketers on nuances of reaching Latinos
March 30, 2013
Chris O'MalleyAdvertiser Carlos Sosa has designed some very recognizable work—including logos for IndyGo and the Indianapolis Indians—but
he is more focused these days on helping businesses more effectively market to the Indianapolis Latino community.
MoreMiles hits throttle on overhaul for IndyCar, IMS
March 30, 2013
Anthony SchoettleHulman & Co. CEO Mark Miles is revving up an ambitious plan to overhaul the IndyCar Series and Indianapolis Motor Speedway
management team. He wants to develop a revenue-sharing plan that assures the series and the tracks that host its races are
motivated to roll in the same direction.
MoreExactTarget lands on tech shopping list for buyout
March 30, 2013
Dan HumanExactTarget Inc.’s strong position in digital marketing has made the Indianapolis company a tempting acquisition target
for Salesforce.com and other tech-industry suitors, Wall Street analysts believe.
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First, let me say that I love the idea of communities being self-sufficient and people in the community not needing cars, living, working and shopping all in their neighborhood. To sum it up; I love good urban planning and hate urban sprawl. However, there are two reasons that I am against this development. First, this building doesn't fit. Density can occur in Ripple by building up top the street and better use of land. The scale of this project should be downtown. Secondly, I would be willing to bet that if a whole foods in Ripple is built, the Nora store would be closed. Here's my reasoning. The Nora Whole Foods expansion plans have been put on hold. I'm guessing they are waiting to see what happens with the Ripple proposal. Communities next to each other should work together to end sprawl and not work against each other and take other neighbors assets. Develop something both communities can be proud of and will attract more development and density. There's my soap box for the day.
My apologies, Lou - it was the Indy Star that printed cost for entertaining "celebrities" during Indy 500. Sorry for confusing the always timely IBJ with Indy's Gannett reprint news source.
That's fine if you want a grocery store that has festivals and live music. I guess with the prices they charge, they can afford to host such activities. As for me, I choose to spend my money more wisely and if I want to go to a festival or a concert, I will pay for that separately - not through my grocery bill.
TIF is not just to attract development but to attract a higher use for that development. Carmel wisely is using TIF for numerous public parking garages. Asphalt seas of parking pay little taxes and bring even less value to a commercial area. Also density is what is going to save Indy and Broad Ripple. The days of trying to compete with burbs are long gone.
The Prestige was an awesome movie.