News & Analysis

Watchmaker has a flair for precision

April 30, 2011
Sean Morrison
Bill Rostiser has practiced watchmaking for more than half of his life. At 60, he has worked 38 years at Windsor Jewelry just south of Monument Circle. During that time, he watched the downtown area flourish, along with the business.
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Rethinking Monument Circle in Indianapolis

April 30, 2011
Gabrielle Poshadlo
IBJ gathered advice from local and national experts about what should be done to improve the city's most prominent public space and where Indianapolis should look for inspiration.
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Should the mayor have control of Indianapolis' public schools?

April 30, 2011
Francesca Jarosz
A group of local power brokers is quietly assembling a plan that would transfer control of Indianapolis Public Schools to the mayor.
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Developer proposing $100M project for Carmel

April 30, 2011
Cory Schouten
A proposed 64-acre development west of U.S. 31 in Carmel would help satiate a craving for retail, but it faces a tough fight from neighborhood groups that want to preserve the thoroughfare’s residential character.
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Porous concrete gets big testRestricted Content

April 30, 2011
Chris O'Malley
The new sidewalk and curb material is easing strain on storm sewers on Ohio Street.
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Adviser reaped unusual fee from Health FoundationRestricted Content

April 30, 2011
Kathleen McLaughlin
Throughout a two-decade relationship with client Health Foundation of Greater Indianapolis, money manager Columbus Circle Investors paid a finder’s fee to the foundation’s consultant, Cooke Financial Group in Indianapolis.
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Simon academies shopping for higher profileRestricted Content

April 30, 2011
Kathleen McLaughlin
The Simon Youth Foundation is looking to become a leading national advocate of alternative education. With a new president, J. Michael Durnil, the foundation hopes to raise more money, find more partners in the business community, and help the public better understand its mission.
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Allison Transmission prepares to enter nascent hybrid marketRestricted Content

April 30, 2011
Kathleen McLaughlin
The industry is waiting for the magic combination of high fuel prices and government-backed incentives to turn potential into profit.
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IU Health name meets little resistance in Purdue countryRestricted Content

April 30, 2011
Marc D. Allan
Tippecanoe County residents may despise Indiana University sports teams, but they seem to have had no problem welcoming IU to their community to provide health care.
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Indianapolis bio sector hopeful as venture firms cash outRestricted Content

April 30, 2011
Chris O'Malley
Profits flowing from earlier investments could mean more available capital, but firms continue to be selective in placing their bets.
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Daniels to sign bill defunding Planned Parenthood

April 29, 2011
Associated Press
Republican Gov. Mitch Daniels said Friday he will sign restrictive abortion legislation and make Indiana the first state to cut off all government funding for Planned Parenthood, a move likely to boost his credentials among social conservatives as he considers whether to run for president.
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Bosma to return $10,000 Durham donation

April 29, 2011
Greg Andrews
Fair Finance's trustee says Bosma has agreed to return a $10,000 contribution from Durham. Meanwhile, Carl Brizzi, another big recipient of Durham donations, is in settlement discussions with the trustee.
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Chamber names former utility leader as interim president

April 29, 2011
 IBJ Staff
Past board chairman David N. Griffiths will fill in for Roland Dorson, who resigned as president of the Greater Indianapolis Chamber of Commerce last week in the wake of a dispute with board leaders.
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Fair trustee sues to recoup $138,580 in GOP donations

April 29, 2011
Greg Andrews
The five lawsuits filed this week do not include the biggest recipients of Tim Durham’s political largesse—campaign committees associated with Indiana Gov. Mitch Daniels and former Marion County Prosecutor Carl Brizzi.
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Local developer seeks bankruptcy protection

April 29, 2011
Scott Olson
Platinum Properties LLC, an Indianapolis upscale residential real estate developer, sought Chapter 11 protection on Monday, listing several huge debts to prominent local businesses and business people.
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Industrial support for utility sale to cost $1.5 million

April 29, 2011
 IBJ Staff
The price to get big industrial firms like Eli Lilly and Co., National Starch and Rolls-Royce Corp. to support the sale of the city’s water and sewer utilities to Citizens Energy Group is at least $1.5 million.
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INSIDE DISH: 'Diners' TV spot boon and bane for Jersey's Cafe

April 29, 2011
Mason King
Dish_Jersey_watch_videoAfter a massive spike in traffic sparked by a Food Network show, owner Blair Laing must deal with food shortages, employee departures and long waits for patrons.
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Simon Property results improve as store rents climb

April 29, 2011
Bloomberg News
Simon Property Group Inc., the largest U.S. shopping-mall owner, said funds from operations rose 75 percent in the first quarter as retail sales climbed.
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Brightpoint's earnings surge on smartphone sales

April 28, 2011
Associated Press
Brightpoint Inc., a distributor of wireless phones, said Thursday that its earnings increased more than sixfold as the growing demand for smartphones meant that more higher-priced devices passed through Brightpoint's facilities.
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New Indiana congressional districts clear Legislature

April 28, 2011
Associated Press
The Indiana House voted 62-31 mostly along party lines Thursday to give final legislative approval to the redistricting plan and send it to Republican Gov. Mitch Daniels, who is expected to sign it.
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Indiana budget deal includes Daniels-backed refund

April 28, 2011
Associated Press
Indiana lawmakers are set to vote Friday on a new $28 billion state budget that would give slight funding increases to schools without raising taxes, leave the state with more than $1 billion in reserves and give taxpayers refunds if the state takes in more money than it needs.
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Compromise emerges on Indiana immigration bill

April 28, 2011
Associated Press
The state senator who said Indiana should crack down on illegal immigration says a compromise includes the potential loss of state tax benefits for businesses hiring illegal immigrants.
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UPDATE: Skjodt-Barrett Foods bringing 300 jobs to Lebanon

April 28, 2011
Anthony Schoettle
The newest tenant in Lebanon Business Park will occupy 214,000 square feet and make a $20 million investment to build out the space and install equipment.
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Sports auction firm visits Indy seeking ABA, Clowns items

April 28, 2011
Anthony Schoettle
New York-based Clean Sweep Auctions plans to hold an "Antiques Roadshow"-like event in Indianapolis this week, offering local residents free valuation of sports memorabilia.
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Duke Realty reports strong quarterly results

April 28, 2011
Scott Olson
The Indianapolis-based real estate investment trust reported a first-quarter profit of $47.6 million compared with a loss of $15.3 million in the same quarter a year earlier. Gains from the sale of properties helped drive profit.
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  1. Thank you to the scientists who care enough to find a cure. We are so lucky that their intelligence has brought them to these understandings because it is through these understandings that we have new hope. Certainly the medicine will be expensive, these drugs usually are, especially the ones that are not mass produced. If I know anything from the walks that my town has put on for FA it is this: people care and people want to help. Donations and financial support can and will come to those who need it. All we need is a cure, the money will come. I mean, look at what these scientists have done thanks to the generosity of donors. 30 million dollars brings us here where we can talk about a drug's existence! There is so much to be frustrated about in this world, but this scientific break is not one of them. I am so happy for this new found hope. Thank you so much to the scientists who have been slaving away to help my friends with FA. We wish you speedy success in the time to come!

  2. I love tiny neighborhood bars-- when I travel city to city for work, it's my preference to find them. However, too many still having smoking inside. So I'm limited to bars in the cities that have smoking bans. I travel to Kokomo often, and I can promise, I'll be one of those people who visit the ma and pa bars once they're smoke free!

  3. I believe the issue with keystone & 96th was due to running out of funds though there were other factors. I just hope that a similar situation does not befall ST RD 37 where only half of the overhaul gets built.

  4. It's so great to see a country founded on freedom uphold the freedom for all people to work and patronize a public venue without risking their health! People do not go to bars to smoke, they can take it outside.

  5. So, Hurko, mass transit has not proven itself in Indy so we should build incredibly expensive train lines? How would that fix the lack of demand? And as far as those double decker buses to bus people in from suburbs, we can't fill up a regular sized buses now and have had to cancel lines and greatly subsidize others. No need for double decker buses there.

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