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News & Analysis
CTI reports quarterly loss on lower revenue
November 16, 2009
Indianapolis-based CTI Group Holdings Inc. lost $337,549 in the third quarter on significantly declining revenue.
MoreCarmel electric marketer planning expansion
November 16, 2009
IBJ StaffCarmel’s ACES Power Marketing LLC plans to invest $6.6 million to expand its West 99th Street headquarters—a move
that could allow it to add 40 jobs, the Indiana Economic Development Corp. said early Monday.
MoreNew Anthem pay-for-performance program gives docs $3.1M
November 14, 2009
J.K. WallAnthem Blue Cross and Blue Shield of Indiana is doling out $3.1 million to Indianapolis-area doctors—its first payments
based on a local quality measuring system.
MoreLocal convention leaders wine, dine crucial meeting planners
November 14, 2009
Anthony SchoettleBehind every convention that rolls into Indianapolis is a tedious sales effort as intense and invisible as a riptide. Sometimes
the sale cycle lasts as long as six years.
MoreIndiana tourism sites staying busy despite soft economy
November 14, 2009
Norm HeikensHoosiers are shrugging off hard times and heading out on vacation, so much so that some of the state's top attractions actually
are seeing attendance boomlets. But the travelers are sticking close to home, and they're clenching their dollars tightly.
MoreIndianapolis Zoo attendance clipped by weather, economy
November 14, 2009
Norm HeikensIndianapolis Zoo attendance is down in 2009, but poor weather may be to blame as much as the weak economy.
MoreCity Market gets OK to evict anchor Constantino's
November 14, 2009
Peter SchnitzlerThe cash-strapped, half-vacant City Market is playing legal hardball with five current or former tenants that are behind
on rent, a move that’s led to the imminent eviction of Constantino’s Market Place.
MoreArt Center trims staff to head off long-term problems
November 14, 2009
Kathleen McLaughlinThe Indianapolis Art Center laid off its full-time curator and cut one other position this month in an effort to pay down
short-term credit and deal with reduced income from its classes.
MoreRokita builds rep as tough enforcer of securities laws
November 14, 2009
Peter SchnitzlerSecretary of State Todd Rokita has relied on fines and fees to greatly increase his office's firepower without a tax hike.
MoreScott Watanabe looks to transform digital textbooks
November 14, 2009
J.K. WallWatanabe, son of the late Eli Lilly and Co. scientist, has hired investment bankers to help raise $10 million for his business,
Encompass Media.
MoreTeachers' pension fund poised to buy downtown building from Duke
November 14, 2009
Cory SchoutenThe Indiana State Teachers’ Retirement Fund is negotiating to buy a 12-story office building across from the
Statehouse in what could be the year’s largest downtown office transaction.
MoreIndy route not part of high-speed rail funding application
November 14, 2009
Chris O'MalleyThe decision to sidetrack a 110-mph Chicago-Indianapolis-Cincinnati train hasn’t received any attention
locally. High-speed rail could someday become an economic development engine here, but it has
not gained as much attention here as improved highways or a commuter rail line from downtown to Noblesville.
MoreBob & Tom keep Q95 on a roll even as classic-rock format shows age
November 14, 2009
Anthony SchoettleQ95's Tom Griswold and Bob Kevoian have maintained their lofty ratings, keeping the Clear Channel Radio station near the top
of the Indianapolis radio market.
MoreNew high-definition technology transforming television advertising in Indianapolis
November 14, 2009
Anthony SchoettleRed Digital Cinema Technology gives video producers the ability to shoot in high-definition quality without
the expense of film, and local advertisers are taking advantage.
MoreHancock Regional Hospital goes after Geist market
November 14, 2009
Kathleen McLaughlinThe $7.8 million medical office building in McCordsville will allow the hospital to tap patients with private insurance.
MoreFormat change likely in offing for 107.9 FM
November 13, 2009
Scott OlsonLocal radio station WNTR-FM 107.9, known as The Track, has dismissed four staff members and started playing holiday music
in what observers say is likely leading to a format change.
MoreHealth reform prods partnership of St. Vincent, OrthoIndy
November 13, 2009
J.K. WallThe specter of declining reimbursement, as well as the desire for statewide growth, lie behind St. Vincent Health's decision
to form a physician management firm with OrthoIndy and buy a minority stake in its Indiana Orthopaedic Hospital.
MoreRolls-Royce scores $11M military helicopter contract
November 13, 2009
IBJ StaffThe good news continues for Rolls-Royce Corp.'s Indianapolis operations, which this week received an $11.1 million contract
to make gas turbine engines for the Army's OH-58D Kiowa reconnaissance helicopters.
MoreSt. Vincent, OrthoIndy form partnership
November 13, 2009
IBJ StaffSt. Vincent Health has acquired a minority interest in Indiana Orthopaedic Hospital and is in discussions with OrthoIndy physicians
and other independent doctors to create a management company that would oversee orthopaedic and spine services at St. Vincent
Indianapolis. The health care providers announced the deal early Friday.
MoreRokita says GOP redistricting plan not enough
November 13, 2009
Associated PressIndiana Secretary of State Todd Rokita is pleased that state Senate Republicans have proposed changes to the way legislative
districts are drawn, but he says they don't go far enough.
MoreBarnes & Thornburg enters top 100 on list of largest law firms
November 13, 2009
Scott OlsonA spate of office openings and an acquisition have helped catapult Barnes & Thornburg LLP into the upper echelon of the nation's
largest law firms, at a time when the slumbering economy has forced most big firms to cut staff.
MoreIndiana near top in smoking survey; national rate rises
November 13, 2009
IBJ Staff and Associated PressA survey found cigarette smoking rose slightly on a national basis for the first time in almost 15 years and that Indiana
had the second highest smoking rate among states.
MoreSpeedway cuts 40 employees in latest cost-saving move
November 12, 2009
Scott OlsonA source at Indianapolis Motor Speedway said IMS laid off 40 employees Wednesday, mostly from its human resources department,
in a cost-saving move.
MoreICVA: Ad campaign helps draw more visitors to region
November 12, 2009
Scott OlsonA summer advertising campaign launched by the Indianapolis Convention & Visitors Association helped produce more visitors
and dollars for central Indiana, even though the organization spent less this year marketing the region.
MoreNational, state foreclosure filings fall
November 12, 2009
IBJ Staff and Associated PressIndiana foreclosure filings were down only 1.5 percent in October from the previous month, but have fallen a whopping 18.5
percent from October 2008.
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RKW's comments read like a modern "Chicken Little". As a Raintree resident for many years, "Yes, I'm ready for this." Matter of fact, I welcome The Farm because it's a development that compliments our town, brings new and desirable shopping & dining closer (specialty grocer, upscale shops, micro brew pub, etc), offers upscale condos for empty nesters who want to stay in Zionsville, is being planned and constructed by local, well-reputed firms and, of course, provides desirable non property tax benefits. We all knew the Pittman's were going to develop their property sooner than later. That one of the Pittman's will continue to live on the property helps assure The Farm will be everything promised. This also sets a standard for other developers as to the quality of future developments - which should keep an ugly Walmart at bay for decades. As we've no meglomaniac mayor, I seriously doubt Zionsville would ever aspire to over-priced statues or subsidized retail rents. And we already have a very nice public theater, the Zionsville Performing Arts Center, that meets our cultural needs quite nicely.
Do we add (or subtract) these from the bounty we recieve from RTWFL, Daylight Savings Time, corporate tax giveaways, and the crack job IEDC is doing?? Or is Mike going to blame these on Mitch?
Who makes Tater Tots? They would be a good sponsor, because $3 Million for the alleged "Greatest Spectacle In Racing" is taters. Tiny, tiny taters. But at least they are making up something of the losses accumulated over the years in this dying sport. Buttock in seat is certainly not doing it, nor eyeball on TV, as evidenced by the lack of both.
We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)
True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.