News & Analysis

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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Julian Center's longtime leader stepping down

June 9, 2011
Scott Olson
Ann DeLaney has served 15 years as executive director of the shelter for domestic violence victims. With a $3 million capital campaign recently finished, she said the time is right for her to "pass the torch."
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Eco-friendly downtown supply store closes

June 9, 2011
Chris O'Malley
Green Way Supply, a pioneering green construction products store, has gone out of business, but one of its partners is planning a new building supply store with mix of green and traditional products.
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Error removes limits from Indiana project wage law

June 9, 2011
Associated Press
A mistake in a bill that legislators meant to loosen wage requirements on government construction projects in Indiana will put all such projects — regardless of cost — under the regulations.
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Magistrate reverses David Marsh deposition ruling

June 9, 2011
Scott Olson
Citing new information, U.S. Magistrate Tim A. Baker now says lawyers for Marsh Supermarkets can depose David A. Marsh, son of the company's former CEO, Don Marsh. Baker previously ruled that he couldn't be deposed.
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Riley's No. 2 executive follows boss out the door

June 9, 2011
J.K. Wall
Brett D. Lee, the chief operating officer at Riley Hospital for Children, announced plans Wednesday to leave the hospital for a new job in Atlanta, just three weeks after Riley CEO Dan Fink resigned.
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