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News & Analysis
Teachers' 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.
MoreHill-Rom's fourth quarter profit exceeds expectations
November 12, 2009
IBJ StaffThe Batesville-based maker of hospital equipment reported profit of $26.4 million, or 42 cents per share, in the period ended
Sept. 30.
MoreVera Bradley gives another $10M to IU cancer center
November 12, 2009
IBJ StaffPrevious gifts from the foundation to the cancer center have been used to hire 10 researchers working on breast cancer.
MoreFortune ekes out another profit on falling revenue
November 12, 2009
Indianapolis-based Fortune Industries Inc. managed a small profit in its latest quarter, its fourth straight profitable quarter,
the company announced Thursday morning.
MoreCity program benefits veteran-owned businesses
November 11, 2009
Scott OlsonThe city's Veteran Business Enterprise program aims to increase the representation of veteran-owned businesses on city projects—an
effort that has generated $217,000 in contracts for such firms so far.
MoreDuke Realty land auction nets $1M; pricier properties go unsold
November 11, 2009
Cory SchoutenLocally based Duke Realty Corp. netted more than $1 million during a Tuesday auction of surplus development parcels in Indianapolis,
Fishers, Plainfield and Lebanon.
MoreLilly to pay Utah $24 million to settle Zyprexa suit
November 11, 2009
Eli Lilly and Co. has agreed to pay Utah $24 million to settle a lawsuit claiming the company improperly marketed the antipsychotic
drug Zyprexa.
MoreLilly, WellPoint CEOs pin hopes on Senate
November 11, 2009
J.K. WallDrugmaker and health insurer bemoan aspects of House health reform bill and hope Senate crafts more industry-friendly bill.
MoreLosses grow for EnerDel parent, but sales rise
November 11, 2009
IBJ StaffNew York-based Ener1 reported late Monday that it suffered a third quarter loss of $15.8 million.
MoreVoters OK Hamilton Southeastern school-funding tax hike
November 10, 2009
IBJ StaffVoters in the Hamilton Southeastern school district on Tuesday overwhelmingly approved a bump to their property taxes to provide
the growing system an extra $5.5 million in funding each year for the next seven years.
MoreMass Ave fine art gallery G.C. Lucas set to close
November 10, 2009
Kathleen McLaughlinGreg Lucas will be the second fine art gallery owner in Indianapolis to close shop this year. Lucas announced Tuesday that
he will close his gallery at 884 Massachusetts Ave. by year's end.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!