News & Analysis

Emmis selling three major radio stations

June 21, 2011
 IBJ Staff
Emmis Communications Corp. has reached an agreement to sell three big-market radio stations to a partnership involving a private equity firm and a prominent media executive, the company disclosed Tuesday morning.
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Tentative settlement reached in lawsuit over historic church

June 21, 2011
Tom Harton
A provisional settlement in a federal lawsuit filed last September against the city by St. John United Church of Christ gives parties in the case six months to find a buyer for the nearly 100-year-old church.
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EU approves Lilly's weekly diabetes drug Bydureon

June 21, 2011
Associated Press
European Union regulators have approved the first once-per-week diabetes medication, the companies that developed the drug said Tuesday.
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Trinity Metals to add 50 jobs at new facility

June 20, 2011
 IBJ Staff
Indianapolis-based Trinity Metals is expanding its local operations, purchasing a vacant facility southeast of downtown to house its headquarters and two recycling divisions.
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White blames transient time for voting allegations

June 20, 2011
Associated Press
Indiana Secretary of State Charlie White on Tuesday is expected to paint a picture of a man with a complicated personal life who was essentially without a home for nearly a year when he defends himself against voter fraud allegations.
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Judge grills attorney for state over immigration law

June 20, 2011
Associated Press
A federal judge grilled an attorney for the state of Indiana on Monday about the state's new immigration law, questioning how police would enforce the law and saying one of its provisions conflicts with federal law.
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Planned Parenthood stops seeing Medicaid patients

June 20, 2011
Associated Press
Planned Parenthood of Indiana is no longer seeing Medicaid patients because a federal judge hasn't ruled yet on its attempt to block a new Indiana law cutting funding for certain abortion providers, officials said Monday.
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Indy taco-truck business rolling into other cities

June 20, 2011
Scott Olson
West Coast Tacos, which led a mobile culinary trend in Indianapolis last summer, plans to expand into Carmel and Fishers, as well as Bloomington and West Lafayette, in the next few months.
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Troubled economy fueling hospital deals

June 20, 2011
J.K. Wall
Battered by stagnant population growth and blue-collar job loss, Howard Regional Health is merging with Indiana University Health—a deal that reflects the challenges faced by hospitals in Indiana’s outlying cities.
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Survey: Hospitals still rewarding docs for volume

June 20, 2011
J.K. Wall
The latest physician recruitment survey from Texas-based Merritt Hawkins shows three-quarters of all physician searches include a performance bonus for the doctor. Fewer than 10 percent of those bonuses are tied to something other than volume of procedures.
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Developer puts Cosmopolitan complex on block

June 20, 2011
Cory Schouten
The Cosmopolitan on the Canal, a 218-unit upscale apartment complex in downtown Indianapolis that cost more than $33 million to build, has been put on the market by Flaherty & Collins Properties.
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Receiver to manage assets of Fishers money manager

June 20, 2011
Cory Schouten
A receiver will take control of assets held by Samex Capital CEO Keenan R. Hauke, a prominent Fishers money manager accused by state officials of violating securities laws.
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Ex-charter school teacher to lead school effort

June 20, 2011
Associated Press
Indiana's education chief has appointed a former charter school teacher to lead the state's efforts to turn around 18 chronically failing schools.
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Container maker Arrow to expand, add 65 jobs

June 20, 2011
 IBJ Staff
Corrugated container manufacturer Arrow Container LLC plans to expand operations at its Indianapolis headquarters, more than doubling its staff over the next four years.
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Well-located Carmel retail center plagued by vacancies

June 18, 2011
Cory Schouten
Merchants' Square shopping center, built in 1970 as the enclosed Keystone Square Mall and redeveloped into an open-air center and renamed in the mid-1990s, is riddled with vacancies and bracing for another high-profile departure, despite its prime location.
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2010 was great for Indiana's 100 largest companiesRestricted Content

June 18, 2011
Norm Heikens
Despite enjoying rising revenues and profits, companies haven't followed with big increases in job numbers.
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Indiana public companies had banner yearRestricted Content

June 18, 2011
Corporations staged advances across a variety of industries in 2010 as the economy improved.
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State's private companies performed unevenly last yearRestricted Content

June 18, 2011
Norm Heikens
Fewer than half generated revenue increases.
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City's fast-growing companies surge with economic recoveryRestricted Content

June 18, 2011
Marc D. Allan
An economic recovery blowing against their backs propelled some Indianapolis-area companies to scorching growth.
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City's ambitious tech-corridor plan no sure thingRestricted Content

June 18, 2011
Francesca Jarosz
Indianapolis leaders are hoping a new plan launched by Mayor Greg Ballard’s administration to transform the area northwest of downtown into a high-tech job and life-sciences research magnet will turn the long-discussed idea into a reality.
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State paying MindTrust to develop IPS alternativesRestricted Content

June 18, 2011
J.K. Wall
The Indiana Department of Education is paying more than $680,000 to The MindTrust, a locally based not-for-profit, to develop other ways to oversee troubled schools than the traditional elected school board.
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Showdown looming over Marion County income taxRestricted Content

June 18, 2011
Francesca Jarosz
More agencies will be vying for a piece of the city’s income-tax revenue as next year’s budget process begins. But with that money flat-lined next year, city leaders say there may not be enough to share.
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Community Health adopts low-cost mantraRestricted Content

June 18, 2011
J.K. Wall
Community Health Network has embarked on a strategy to become a low-cost, high-output machine in order to survive the coming harsh economic environment that an aging population and expanded health care coverage promises for hospitals.
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Wind farm may fan economy in Madison CountyRestricted Content

June 18, 2011
Chris O'Malley
E.ON Climate & Renewables North America is planning some 75 wind turbines as part of Madison County’s first commercial wind farm, one that could temporarily employ 150 construction workers and bring a dozen permanent jobs.
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Pilots OK cuts, allowing Republic to pursue restructuring plan

June 17, 2011
Bloomberg News
Frontier Airlines pilots overwhelmingly approved concessions that will allow parent Republic Airways Holdings Inc. to pursue a $120 million restructuring at the unprofitable unit. Indianapolis-based Republic bought Frontier out of bankruptcy in 2009.
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