News & Analysis

Two wins to bring Lilly modest sales

May 9, 2011
J.K. Wall
Finally, some new revenue. Eli Lilly and Co. will enjoy modest new sales later this year after U.S. regulators approved a new diabetes drug developed by a partner company, and another company nears approval on a drug that will produce royalties for the Indianapolis-based drugmaker.
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Hospitals add even more docs

May 9, 2011
J.K. Wall
Recent acquisitions by IU Health and Franciscan Alliance keep up a trend of physicians becoming employees of hospital systems, in preparation for changes under health care reform.
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City seeks bids for $300M sewage tunnel system

May 9, 2011
Cory Schouten
City officials are seeking bidders for the first phase of Indianapolis' largest-ever public works project, an underground tunnel system equipped to store millions of gallons of raw sewage and prevent the excrement from flowing into local waterways.
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Longtime congressman Burton plans re-election bid

May 9, 2011
Associated Press
Dan Burton says he plans to seek election to a 16th term next year after narrowly surviving tough Republican primary battles in his past two campaigns.
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Metal-framing plant closing to cost 105 jobs

May 9, 2011
Dietrich Industries will close a plant in Hammond this summer, resulting in the loss of 105 jobs. The company manufactures metal framing and finish products.
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Schools weigh options after voters nix tax hikes

May 9, 2011
Associated Press
School districts across the state continue to struggle in their attempts to win voter approval for operating money or building projects, which a researcher attributes to continued worries about the economy.
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Amazon plans another area warehouse, more jobs

May 9, 2011
 IBJ Staff and Associated Press
Amazon.com plans to open a third large distribution center in central Indiana this summer that will employ hundreds of workers, the company said Monday morning.
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Do-not-call list may expand to cell phone users

May 9, 2011
Associated Press
Indiana residents who use only their cell phones will be able to add those numbers to the state's do-not-call registry to block unwanted telemarketing calls under a bill awaiting Gov. Mitch Daniels' signature.
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Reform law gives charters leeway to hire unlicensed teachers

May 7, 2011
Francesca Jarosz
Legislation that expands charter schools in Indiana also could increase the number of teachers at those schools without licenses, making it easier for educators like Eric Nentrup to take non-traditional paths to the classroom.
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Law firm towers after acquisitions

May 7, 2011
Scott Olson
Barnes & Thornburg's entrance into the Los Angeles market earlier this year capped off a string of office openings that vaulted it into an elite national player.
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President transforms workplace culture at Farmers Bank

May 7, 2011
Ann Finch
Few bank presidents gather their employees once a week and pass out plastic clapping hands to keep the beat to music pulsing full volume through the lobby. Fewer still climb atop a customer-service counter to open the early-morning pep rally with a full grin. Karen Miller does both.
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Stock slides as HHGregg stores riseRestricted Content

May 7, 2011
Cory Schouten
HHGregg Inc. continues to plow into new markets, opening an average of one store a week, even as Wall Street is feeling less gung-ho about the prospects for such a fast-growing brick-and-mortar electronics chain.
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Event promoter Compton teams with high schools to raise moneyRestricted Content

May 7, 2011
Anthony Schoettle
Proceeds from tribute-band concerts go to athletic programs, music departments and other school offerings that have lost funding.
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Law firms inch back toward hiring modeRestricted Content

May 7, 2011
Katie Maurer
Improved economy boosts prospects, modestly, for new grads.
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Next library CEO faces great expectationsRestricted Content

May 7, 2011
Kathleen McLaughlin
A search is under way for a successor to Indianapolis-Marion County Public Library CEO Laura Bramble, who plans to retire, and expectations from all quarters are high.
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New laws hang teacher pay on performance

May 7, 2011
J.K. Wall
Charters and vouchers may have sparked the loudest education-related protests before the Legislature this year, but changes to teacher evaluations are likely to have the biggest impact on Indiana’s public schools.
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How key bills fared during 2011 legislative sessionRestricted Content

May 7, 2011
Tom Harton, Francesca Jarosz, Chris O'Malley, Scott Olson, Associated Press
Indiana senators and representatives debated a wide range of bills with significant business implications during the 2011 session of the General Assembly, which wrapped up April 29.
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Legislating pay: Description of Senate Bill 1Restricted Content

May 7, 2011
J.K. Wall
Senate Bill 1, which takes effect July 1, will make teacher pay far more complex. To determine a teacher’s annual pay increase, school districts now can count experience and education as no more than 33 percent of the compensation equation.
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Endocyte's potential enthralls investorsRestricted Content

May 7, 2011
Chris O'Malley
Shares of Endocyte Inc. have doubled since the company’s initial public offering in February—even though the common wisdom is it won’t see sales from its first cancer drug until 2014.
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Men's store Jos. A. Bank plans downtown location

May 6, 2011
Cory Schouten
The men's clothing chain Jos. A. Bank plans to open a new store at Meridian and Washington streets in a much-needed vote of confidence for street-level retail downtown.
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State revokes Fishers money manager's license

May 6, 2011
Scott Olson
The Indiana Secretary of State’s Office has revoked the financial advising license of Fishers money manager Keenan Hauke, who is being investigated by the office over financial irregularities involving a hedge fund he operates.
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Economy adds 244,000 jobs, but unemployment rate ticks up

May 6, 2011
Associated Press
The job gains were widespread. Retailers, factories, financial companies, education and health care and even construction companies all added jobs. Federal, state and local governments cut jobs.
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Kite Realty Trust reports wider first-quarter loss

May 6, 2011
 IBJ Staff
Indianapolis-based Kite Realty Group Trust on Friday reported a wider first-quarter loss than a year ago thanks to declining revenue and a big dividend payment to preferred shareholders.
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Tech firm Slingshot expanding, plans 114 more jobs

May 6, 2011
 IBJ Staff
Indianapolis-based Slingshot SEO Inc., founded by three friends from Zionsville High School, plans to expand operations in Indianapolis, adding 114 more employees by 2013, economic development executives announced Friday morning.
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Airport seeks broker to market ex-ATA HQ

May 5, 2011
Chris O'Malley
The Indianapolis Airport Authority plans to hire a broker to market the 16.5-acre campus along Washington Street near Indianapolis International Airport once used by ATA Airlines. It has been vacant for three years.
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  1. Uh, sorry Johnnie, but you are incorrect. Despite the assertions by yourself and various defenders and captains, sports attendance is NOT off significantly at most sporting events in the US. Variances in attendance has been in the range of single digits, both + & - for years now. MLB has had most of its best overall attendance nubers in the last decade, and that trend has been consistent for most major sporting events. The number one issue cited by most fans when asked about attendance is the overall cost of attending. The presence of HD and big screen televisions in home doesn't even register, as a factor for not attending an event. VALUE in the product is the key, and apparently is something lacking in the current ICS. What other explanation is there when with what is routinely touted as the "best" racing on the planet, fans are staying away in DROVES. A "close" title battle into the last event at Fontana, with the "cars and stars" of the ICS, and who showed up? MAYBE 8K. Sorry, but HD TV isn't to blame for that kind of fan apathy.

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  3. If she was worth the $ the public outcry over direct tv dropping them would have kept them on their dishes as we have seen with other companies. I too quit watching channel 13 after she showed up since I left channel 8 because of her all show rather than production results. When Randy on 8 corrected her she had a big head and incorrectly challenged his correction for pronunciation of a city. Other antics while she matures was too much for me with her very inaccurate forecasts. All the forecasters were predicting rain until Thursday except Chris. They predicted sunny on Thursday but instead of rain until Thursday upon which the sun would finally make it out in full glory Chris was right on the money just as I too predicted looking at the radar on weather.gov. One thing I love about Angela is the fear you can see in her every time it thunders in the winter. It far exceeds the entertainment value of her body language (high heel noise drags, depression, etc) when her forecasts are so incorrect. Her hair stands on end, you have to see it!!!

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