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News & Analysis
Local company out to turn algae into fuel of future
March 16, 2009
Chris O'MalleyStellarwind is believed to be the first algae-oil company in Indiana and among dozens of others around the country at the
forefront of what's being called the third wave of biofuels production.
MoreMarsh sues to exit pharmacy vendor agreement, could face up to $61M fine
March 16, 2009
Peter SchnitzlerMarsh Supermarkets Inc.'s attempt to switch to a cheaper supplier of prescription drugs has touched off a legal battle with
the current supplier — which suggests it could fine the grocery chain as much as $61 million for reneging on its deal.
MoreInvestment losses leave Conseco searching for $400M in horrible environment to raise capital
March 16, 2009
J.K. WallWithout fresh capital â?? or loosened debt obligations â?? Carmel-based Conseco could find itself in bankruptcy or looking
for a buyer or both.
MoreMays upset with ex-owner of Pathway Productions
March 16, 2009
Anthony SchoettlePathway Productions, purveyors of some of the highest-profile documentaries to come out of the Indianapolis area in the last
decade, is on the brink of extinction.
MoreCookie Cutters not trimming back on expansion plans
March 16, 2009
Sam StallCookie Cutters, a locally based franchise that offers children's haircuts, is so sure of its grip on its niche that —
in spite of tough economic times — it hopes to increase its
tally of franchised
locations past 100 within five years.
MoreMedical, tech entrepreneurs launch matchmaking effort in life sciences
March 16, 2009
Chris O'MalleyThree entrepreneurs from the medical and software realms are herding angels to invest in upstart life sciences companies in
Indiana.
MoreQuest for new rocket fuel leads scientists to kitchen
March 16, 2009
Sam StallAt Purdue University, the quest for a new missile and spacecraft fuel has
brought together an oil-and-vinegar mix of rocket scientists and food scientists.
MoreIU journalism school's enrollment spike bucks slump
March 16, 2009
Anthony SchoettleAt a time when the field of journalism is shedding thousands of jobs, Indiana University's journalism department is seeing
record growth.
MoreSubaru plant ushered in new era
March 16, 2009
Kathleen McLaughlinIndiana's $86M incentive package to establish the Subaru plant in Lafayette was initially controversial.
MoreAttorneys with doctorates in high demand
March 16, 2009
Scott OlsonLawyers holding doctorates in biotech, biology, chemistry and computer sciences are in high demand by firms with strong intellectual
property practices.
MoreProprietary developments withering from recession
March 16, 2009
Scott OlsonFinancing is the lifeblood of companies turning intellectual property into a product or service, but turbulent economic conditions
have made it increasingly difficult to raise cash from investors who are content to wait
out the storm by concentrating on their existing portfolios.
MoreIndiana firms lash out against patent proposal
March 16, 2009
Michael W.Four Indiana businesses have joined more than 100 major companies in an open letter to President Barack Obama, outlining what
they believe are weaknesses of patent reform legislation now before Congress and voicing concern about its potential economic
impact.
MoreLawsuit shouldn't spook artists, attorneys say
March 16, 2009
Rebecca BerfangerThe legal tussle between artist, Associated Press raises doubts about artists' drawing inspiration from the work of their
peers.
MoreAirport CEO pick had host of critics in Florida
March 13, 2009
Chris O'Malley, Scott OlsonJohn D. Clark, the man nominated to be CEO of the Indianapolis Airport Authority, has been a polarizing figure in Jacksonville,
where he’s been CEO of the Florida city’s aviation authority since 2001.
MoreU.S. 31 project means massive changes for booming retail corridor
March 9, 2009
Chris O'MalleyLauth Properties alleges in a lawsuit that the state's plan to rebuild 13 miles of U.S. 31 in Hamilton County to freeway standards
will cut off access to a property it owns in Westfield, killing plans for a Wal-Mart there.
MoreHealth care IT firms rushing to grab share of stimulus
March 9, 2009
J.K. WallThe stimulus bill has prompted Indiana businesses and not-for-profits that deal in medical records to look for partners to
help them meet the challenge of making those records electronic in five years.
MoreC.P. Morgan's demise puts 2,000 home sites on market already overwhelmed with land
March 9, 2009
Cory SchoutenThe end of C.P. Morgan, the largest
central Indiana builder for a decade, will throw 1,200 home lots and options for 800 more onto an already flooded land market.
MoreVenture capital fund launched by up-and-comers buys into Vontoo, Compendium Blogware
March 9, 2009
Peter SchnitzlerSeveral venture capitalists — a generation younger than most in the profession — are establishing themselves in
Indianapolis.
MoreY&L starts digital unit; first rollout in decade
March 9, 2009
Anthony SchoettleYoung & Laramore, the city's largest advertising agency, has launched a division focusing on digital and design work.
MorePencil made from scrap tires wins space on Staples' shelves
March 9, 2009
Kathleen McLaughlinJohn Erlandson, 63, of Lebanon, holds the patent on a recycled-rubber pencil,
which Staples plans to start selling in June.
MoreStruggling contractors hope for sale of factory
March 9, 2009
Kathleen McLaughlinContractors struggling under the weight of an unfinished factory in Tipton are hoping for a quick sale to recover at least
some of the $44 million they say they're owed by Getrag Transmission Manufacturing.
MoreTobias Theater renovation is new model for environmentally sensitive construction
March 9, 2009
Sam StallThe 600-seat Randall L. and Marianne W. Tobias Theater (nicknamed The Toby) is arguably the greenest facility of its kind
in the nation.
MoreIndiana Public worker, teacher funds have lost $8B in 15 months
March 2, 2009
Peter SchnitzlerThe state's two biggest pension funds are poised to combine into one Indiana Public Retirement System, with a single executive
director and board.
MoreFor unemployed, searching for job is full-time endeavor
March 2, 2009
J.K. WallAs job losses accelerate in the worst recession in a generation, it's becoming tougher and tougher for even well-educated,
experienced professionals to find work �¢?? or at least to find a job in the area and at the pay they want.
MoreRaising already-lofty lodging levy could cause convention planners to bypass Indianapolis
March 2, 2009
Scott OlsonRaising Indianapolis' tax on hotel rooms — already one of the highest rates in the nation — could be the tipping
point that causes conventioneers to bypass Indianapolis, some industry experts say.
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Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.
Does the buyer get to keep the recent Accu-Chek J.D. Power award? Be careful, those Swiss cannot be trusted. Last June they pimped Mayor Ballard and former Governor Daniels at a media op, announcing plans to invest "$300 million at its Indianapolis headquarters, creating up to 100 new jobs by 2017," only to turn around and close the Roche Nutley, NJ facility and eliminate 1000 jobs there later the same week. It seems that healthcare can be innovated only as long as money is to be made. Right now Roche seems to have big eyes for China: there are many Chinese in China and potential billions in Swiss francs! Since Roche is having difficulty with US insurance companies swallowing the bill for overpriced cancer drugs (with debatable efficacy) why not sell insurance to the Chinese and market the drugs to them there? There is a name for these sort of business practices however proper decorum precludes it use in this forum.
Same kind of Luddites who oppose I-69. Guessing their 501(c)(4) application probably sailed right through the IRS.