News & Analysis

WellPoint pays big to tap fast-growing Medicare market

June 13, 2011
J.K. Wall
Analysts raised their eyebrows at the $800 million reportedly paid by WellPoint Inc. to acquire a West Coast Medicare plan, but with the commercial health insurance business stagnating, Medicare is vital to WellPoint’s future growth.
More

City picks team for $15M Broad Ripple parking garage

June 13, 2011
Anthony Schoettle
The structure planned for the southwest corner of Broad Ripple and College avenues also would include first-floor retail space and a police substation. Construction is set to begin this summer and be complete by mid-2012.
More

Federal judge dismisses Brightpoint fraud suit

June 13, 2011
Scott Olson
A London-based hedge fund sued Brightpoint over a $10 million loan it alleged the Indianapolis-based mobile phone distributor fraudulently brokered in anticipation of an acquisition that never materialized.
More

Medco deal loses its luster

June 13, 2011
J.K. Wall
New Jersey-based Medco has hired just 430 workers in Whitestown—far short of its commitment of 1,400 by 2012—and its business trends suggest the company is shrinking, not growing.
More

Q&A

June 13, 2011
J.K. Wall
Vi Shukla is a scientific leader at Indianapolis-based Dow AgroSciences LLC, focused on its Exzact Precision Technology tools for genetic engineering of plants and crops. Dow Agro used the technology in its own crop seed products, and has also been licensing for use in tomatos and trees.
More

Republic may cut Frontier stake as pilots offer concessions

June 13, 2011
 IBJ Staff and Bloomberg News
Republic Airways Holdings Inc. agreed to seek new investors for Frontier Airlines, shrinking its stake to become a minority owner, in exchange for concessions from pilots at the unprofitable carrier.
More

Anson Group CEO thrives on helping clients work with FDARestricted Content

June 11, 2011
Ann Finch
Colleen Hittle became CEO and sole owner of the Indianapolis-based pharmaceutical and medical device consulting firm in April.
More

High schools still track students after graduationRestricted Content

June 11, 2011
J.K. Wall
Even after 45 seniors from Indianapolis Metropolitan High School grabbed their diplomas and threw their mortar boards at a June 4 commencement, they knew they wouldn’t lose touch with their school. It’s not allowed at Indy Met.
More

Angie's List eyes expansion sites outside IndianapolisRestricted Content

June 11, 2011
Francesca Jarosz
Consumer ratings service Angie’s List is scoping locations for hundreds of new employees the fast-growing firm plans to hire. And unlike past expansions, it’s looking beyond its East Washington Street headquarters—and Indianapolis.
More

Net Literacy teaches Internet skills to those in needRestricted Content

June 11, 2011
Sean Morrison
Teen's brainstorm results in internationally recognized not-for-profit that promotes computer literacy and safety, including programs for financial literacy and computer repurposing for donation to Indianapolis areas in need of the technology.
More

Impact of new Indiana voucher law may not be felt for yearsRestricted Content

June 11, 2011
Scott Olson
Parents, schools need time to sift details, experts say.
More

Indiana edges toward education guaranteesRestricted Content

June 11, 2011
J.K. Wall
The state is moving to adopt a system that ensures more high school graduates can perform in college or on the job.
More

Locally based Business Furniture expands into Illinois, Iowa

June 11, 2011
Anthony Schoettle
New markets to be added later this year are expected to double the company's sales within five years.
More

Arizona project bankrupts local developer BodnerRestricted Content

June 11, 2011
Cory Schouten
Bruce Bodner, a quiet but prolific local developer who in the late 1990s bought and revitalized two of downtown’s most recognizable buildings, has filed for bankruptcy after making a doomed bet in Arizona.
More

WTHR maintains ratings lead in local newsRestricted Content

June 11, 2011
Anthony Schoettle
WTHR-TV Channel 13 retained its position during the May sweeps period as the most-watched station for news in central Indiana, earning top ratings among the four local television newscasters during eight of the 10 time slots in which it airs local news.
More

Critics: City's effort to help ex-offenders ineffectiveRestricted Content

June 11, 2011
Francesca Jarosz
Three years after Indianapolis Mayor Greg Ballard launched a city office designed to help ex-offenders avoid a repeat prison visit, some of those original supporters say the city’s Office of Re-Entry Initiatives not only has fallen short of that goal but has accomplished little else.
More

Black Expo aims for more family friendlinessRestricted Content

June 11, 2011
Kathleen McLaughlin
Indiana Black Expo is working to overcome last summer’s shootings and a recent staff mutiny, but observers say the root of the problem is declining interest among African-American adults in its signature event.
More

Few local charities growing their influence outside IndianaRestricted Content

June 11, 2011
Kathleen McLaughlin
At a time when the not-for-profit sector is buzzing with terms like “scaling impact” and “venture philanthropy,” few native not-for-profits have sown seeds outside Indiana. Leaders and funders emphasize the need the serve the local market first.
More

City to roll out plan for 16th Street tech corridor

June 10, 2011
Francesca Jarosz
The city of Indianapolis plans to announce a major initiative to turn a stretch of 16th Street northwest of downtown into a hub for biotechnology and other high-tech companies.
More

Positron plans $55 million cyclotron project, 80 jobs

June 10, 2011
Andrea Muirragui Davis
Medical imaging equipment maker Positron Corp. has agreed to move its operations to Noblesville, where it plans to invest $55 million to open a high-tech facility that will make isotopes used in cardiac PET scans.
More

East-side Ramada fetches $1.3M in online auction

June 10, 2011
Maria LaMagna
It's not yet clear who submitted the winning bid for the 188-room hotel, which is near Interstate 465 and Pendleton Pike.
More

State manufacturing, logistics sectors score high marks

June 10, 2011
Scott Olson
The grades were part of an annual report released Friday morning by Conexus Indiana, an industry group that is part of Central Indiana Corporate Partnership. A 4.6-percent increase in employment the past year helped the state's manufacturing sector repeat its "A" grade.
More

Cummins plans expansion, 600 jobs for Columbus

June 10, 2011
Anthony Schoettle
Cummins Inc. announced Friday that it plans to add 600 employees to work in a new $18 million office building the diesel engine maker will build in downtown Columbus.
More

Roche to add 50 HR employees in Indianapolis

June 10, 2011
 IBJ Staff
Swiss health care giant Roche Holding AG has selected its diagnostics division in Indianapolis as the site for a new North America human resources center, a move that will add 50 employees to its local operations.
More

Lilly enters collaboration deal with Swiss company

June 9, 2011
Associated Press
Drugmaker Eli Lilly and Co. has signed a deal with Swiss company Synthes Inc. to co-promote the bone drug Forteo and develop other potential orthopedic treatments.
More
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

ADVERTISEMENT