News & Analysis

Fort Ben home, condos headed to auction

June 8, 2010
Tom Harton
The former home of the commanding general at Fort Benjamin Harrison and four condominiums at the old army base are being auctioned June 17, a reflection of the difficulty of selling high-end condos in a soft real estate market.
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Southern Wine to create 200 jobs in central Indiana

June 8, 2010
 IBJ Staff
The country's largest beer, wine and liquor distributor plans to invest more than $10 million to establish operations in central Indiana, creating 200 jobs at a regional office and distribution center here.
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Obama gives states $250 million to review insurance premiums

June 7, 2010
WellPoint may face the most threat from more aggressive reviews. The Indianapolis insurer is the leader in small-business and individual policies, areas that have seen the biggest increases in recent years.
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Walgreen gets OK to sell booze at 18 more stores

June 7, 2010
Scott Olson
The Local Alcoholic Beverage Board of Marion County recommended permits for 18 of the 28 stores for which Walgreens is seeking to sell alcohol. Approval by the Indiana Alcohol Tobacco Commission could happen as soon as June. 15.
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INSIDE DISH: Peterson's rebounds after rough start, recession

June 7, 2010
Mason King
Petersons Watch VideoJoe Peterson dreamed of opening a high-end restaurant. The start was rough, but it led to breakthroughs at Joe's day job as a manufacturing magnate.
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Daniels inches closer to presidential run

June 7, 2010
Peter Schnitzler
Aiming Higher PAC plans June 15 fundraiser within sight of the White House on Republican Indiana Gov. Mitch Daniels' behalf.
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Most local news broadcasts lost viewers last month

June 7, 2010
Scott Olson
WTHR is still the most-watched TV station for local news, but viewership slipped in several time slots for the NBC affiliate and most of its competitors. Fox station WXIN, however, seems to be bucking the trend.
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Deal adds Verizon Wireless kiosks to all HHGregg stores

June 7, 2010
Peter Schnitzler
Marion-based The Cellular Connection expects to add 500 jobs in 15 states as a result of the agreement with HHGregg.
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55 employees of mail-order MHP Pharmacy firm losing jobs

June 7, 2010
Indianapolis-based MHP Pharmacy's facility on North Meridian Street will close in August as a result of the company's purchase by In Touch Pharmaceuticals in Valparaiso.
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Trailer maker Pace American could close Middlebury plant

June 7, 2010
 IBJ Staff
A cargo trailer maker may close its manufacturing facility in Middlebury, potentially costing 150 workers their jobs.
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Team owners leading symphony's $100M capital campaign

June 7, 2010
Scott Olson
Jim Irsay and Herb Simon join to co-chair fund-raising committee for the Indianapolis Symphony Orchestra, which has encountered financial troubles the past few years.
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Erbitux fails to stop colon cancer before it spreads

June 6, 2010
Bloomberg News
Eli Lilly and Co. and Merck KGaA drug failed to slow tumors in a study designed to expand the medicine's use to patients whose disease is in an earlier stage.
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Tennis groups seek to save some IUPUI courts

June 5, 2010
Anthony Schoettle
The U.S. Tennis Association is asking Mayor Greg Ballard and IUPUI Chancellor Charles Bantz to save some of the courts at the Indianapolis Tennis Center, which is scheduled to be demolished just days after it closes Aug. 5.
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Miller brothers who shared in fortune fighting over $3 million

June 5, 2010
Kathleen McLaughlin
J. Irwin Miller’s two sons have been battling for years over who should have paid expenses on the wealthy Columbus family’s homes and businesses, but their fight isn’t about the money—especially after they inherited at least $20 million apiece.
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Urban farmer in Indianapolis hopes he's the first of many

June 5, 2010
Norm Heikens
Matthew Jose figures that if enough people follow him into urban farming, vacant and abandoned property will flourish with productivity, consumer diets will improve, and worn neighborhoods will get new life.
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Indiana contractors scramble for certification to remove leadRestricted Content

June 5, 2010
Norm Heikens
New U.S. Environmental Protection Agency rules force precautions on paint chips, dust.
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Veteran attorneys Pence and Hensel leave Taft to launch own firmRestricted Content

June 5, 2010
Scott Olson
Linda Pence and David Hensel will concentrate on complex civil and business disputes, as well as white-collar criminal defense work.
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High unemployment prompts new company, The Learning IndexRestricted Content

June 5, 2010
J.K. Wall
A couple of Hoosier entrepreneurs think they can take their career information web site national.
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Indiana Seed Fund nearing end of $6 million stashRestricted Content

June 5, 2010
Chris O'Malley
Having invested in 10 companies since 2005 and with its $6 million pot of money running low, the Indiana Seed Fund is nearing a crossroads.
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EnerDel's potential luring backers despite steep lossesRestricted Content

June 5, 2010
Peter Schnitzler
The parent of locally based lithium-ion battery maker EnerDel is putting together hundreds of millions of dollars in financing to fund a business plan that could bring revenue to nearly $1 billion within five years.
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Bloomington candy store eyeing ambitious expansionRestricted Content

June 5, 2010
Joe Jasinski
After a great first few months in Bloomington, Campus Candy's co-owners hope to replicate that success, rolling out a plan that calls for opening 50 college-town stores across the country in the next 18 months and a total of 125 within five years.
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SEO firm Slingshot hitting target from the start

June 5, 2010
Chris O'Malley
With $1.3 million in annual sales, Indianapolis-based Slingshot generates enough cash to fund its own growth—and turns away about half of its prospective clients, all of whom want to get their websites to pop up high on the first page of Google search results.
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City not ready to privatize Capital Improvement BoardRestricted Content

June 5, 2010
Peter Schnitzler
Mayor Greg Ballard has put privatization of Indianapolis’ stadium and convention center management on indefinite hold.
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Hoosier basketball legend John Wooden dies at 99

June 4, 2010
Associated Press
Wooden led Martinsville High School to the Indiana state basketball championship in 1927, became an All-American player at Purdue University and went on to win 10 national titles as coach of UCLA.
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UPDATE: City's Super Bowl preparation on track

June 4, 2010
Joe Jasinski
Indianapolis is making progress on the way to its debut as a Super Bowl city, NFL executive Frank Supovitz said Friday afternoon.
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  1. The deductible is entirely paid by the POWER account. No one ever has to contribute more than $25/month into the POWER account and it is often less. The only cost not paid out of the POWER account is the ER copay ($8-25) for non-emergent use of the ER. And under HIP 2.0, if a member calls the toll-free, 24 hour nurse line, and the nurse tells them to go to the ER, the copay is waived. It's also waived if the member is admitted to the hospital. Honestly, although it is certainly not "free" - I think Indiana has created a decent plan for the currently uninsured. Also consider that if a member obtains preventive care, she can lower her monthly contribution for the next year. Non-profits may pay up to 75% of the contribution on behalf of the member, and the member's employer may pay up to 50% of the contribution.

  2. I wonder if the governor could multi-task and talk to CMS about helping Indiana get our state based exchange going so Hoosiers don't lose subsidy if the court decision holds. One option I've seen is for states to contract with healthcare.gov. Or maybe Indiana isn't really interested in healthcare insurance coverage for Hoosiers.

  3. So, how much did either of YOU contribute? HGH Thank you Mr. Ozdemir for your investments in this city and your contribution to the arts.

  4. So heres brilliant planning for you...build a $30 M sports complex with tax dollars, yet send all the hotel tax revenue to Carmel and Fishers. Westfield will unlikely never see a payback but the hotel "centers" of Carmel and Fishers will get rich. Lousy strategy Andy Cook!

  5. AlanB, this is how it works...A corporate welfare queen makes a tiny contribution to the arts and gets tons of positive media from outlets like the IBJ. In turn, they are more easily to get their 10s of millions of dollars of corporate welfare (ironically from the same people who are against welfare for humans).

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