News & Analysis

BioCrossroads rolls out orthopedic initiative

September 10, 2009
J.K. Wall
With job growth surging in Warsaw's orthopedic cluster, the life sciences development group BioCrossroads Inc. set out to...
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Simon Foundation gives $1M to library literacy initiative

September 9, 2009
 IBJ Staff
The Indianapolis-Marion County Public Library Foundation today announced that it has received a $1 million gift from the Herbert Simon Family Foundation to expand its early childhood literacy initiative.
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Indiana expects jobless fund troubles until 2015

September 9, 2009
Associated Press
Indiana officials say it will take longer to resolve the state's bankrupt unemployment insurance fund's funding troubles than projected when a law designed to start fixing the system was enacted in April.
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Deals from China trip unlikely to come right away, official says

September 9, 2009
Scott Olson
Don't expect the contingent traveling with Gov. Mitch Daniels on his 10-day trade mission to China and Japan to return to Indiana with a major commitment from an Asian company.
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Local truck dealer strikes deal for big daddy of hybrids

September 9, 2009
Chris O'Malley
Indianapolis truck dealer Utility-Peterbilt leased its first hybrid medium-duty truck this summer after enduring months of tire-kicking but no action from fleet buyers and plenty of interest from television-news types.
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HHGregg promotes three executives

September 9, 2009
 IBJ Staff
Indianapolis-based electronics retailer HHGregg Inc. announced the promotions of three executives this morning, including the appointment of a new chief financial officer.
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Lilly paid doctors to prescribe Zyprexa, notes say

September 8, 2009
 IBJ Staff
Eli Lilly and Co. paid doctors in South Carolina for participating in a speakers' program in exchange for prescribing the antipsychotic Zyprexa, according to notes by Lilly sales representatives reviewed by Bloomberg News.
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Report: Ice Miller, Louisville firm end merger talks

September 8, 2009
Scott Olson
Merger talks that began last year between local legal heavyweight Ice Miller LLP and a Louisville-based law firm reportedly have broken down, putting an end to a deal that was expected to close by the end of the year.
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ExactTarget enters European market through acquisition

September 8, 2009
Indianapolis-based ExactTarget announced this morning that it has launched a new international division in London following its acquisition of Keymail Marketing.
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Planned Parenthood closing 5 Indiana clinics

September 7, 2009
Associated Press
Planned Parenthood will close five health clinics across central Indiana after losing some of its federal grant money to provide family planning services to low-income women.
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Sweetener company Heartland looks for openings in crowded fieldRestricted Content

September 5, 2009
Kathleen McLaughlin
Heartland Sweeteners LLC is now a top maker of private-label alternatives to Splenda. The company also markets its own products directly to consumers.
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Soft sales plague furniture retailers

September 5, 2009
Cory Schouten
Furniture is one of the easiest big-ticket purchases for consumers to defer when money is tight. Couple that with a housing bust that left demand for new couches on the curb, and tight credit markets that continue to prevent retailers from financing customers without perfect credit, and you’ve got the worst market for furniture since the Great Depression.
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Region's expertise in hybrid cars goes beyond high-profile players

September 5, 2009
Chris O'Malley
Bright Automotive and EnerDel are well known for their development of components for hybrid cars, but the region has several other players poised to be big players in the sector. In fact, few realize that North America’s largest producer of electric motors for hybrid vehicles is based northeast of Indianapolis, in Pendleton.
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Corporate sculptures lauded as landmarks, investments

September 5, 2009
Gabrielle Poshadlo
In hard times like these, why would corporations spend on sculptures? Because sculptures create one-of-a-kind landmarks, and the art has potential to grow in value.
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Ex-workers sue Navistar, charge plant closing violated contractRestricted Content

September 5, 2009
Peter Schnitzler
Forty-three former employees of Navistar Inc.’s shuttered diesel engine plant have sued the company, claiming it breached their collective bargaining agreement by moving plant work in recent years to non-union facilities.
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Indiana Fiscal Policy Institute seeks comebackRestricted Content

September 5, 2009
Peter Schnitzler
The Indiana Fiscal Policy Institute’s board has hired Indianapolis Star business columnist John Ketzenberger to engineer a resuscitation.
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Building information modeling replacing computer-aided designRestricted Content

September 5, 2009
Scott Olson
Architects, engineers, contractors and others in the design-build industry hope building information modeling will cut waste. The technology allows more detailed viewing of projects before they move to construction.
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Art-gallery operators opening new spaces on Mass AveRestricted Content

September 5, 2009
Kathleen McLaughlin
The launch of two new gallery ventures come on the heels of the closing of one of the city’s most well-established fine contemporary art spaces, Ruschman Gallery.
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Developer Lauth's bankrupt units win round in courtRestricted Content

September 5, 2009
Cory Schouten
Lauth Group Inc. in recent weeks has won critical courtroom victories that likely will allow company principals to retain control of three subsidiaries in Chapter 11 bankruptcy.
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Sidewalk inspections help downtown get spiffed up for big eventsRestricted Content

September 5, 2009
Marc D. Allan
They used to say that downtown Indianapolis rolled up the sidewalks at 6 p.m. No one says that anymore. Now they say those sidewalks need to be clean. Sidewalk cleanliness is important on a day-to-day basis for aesthetic reasons, but even more so when Indianapolis wants to put on its best face for major events like the Final Four, the Indianapolis 500 and the Super Bowl.
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National Math Bee coming to Indianapolis in 2010

September 4, 2009
Scott Olson
The mathematical version of the Scripps National Spelling Bee is coming to Indianapolis in 2010, according to the director of the organization that hosts the event.
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Auto supplier set to accelerate with seat-control software

September 4, 2009
Chris O'Malley
A company founded by a Westfield chiropractor is in talks to license to automakers software that’s designed to produce a less-fatiguing ride. Comfort Motion Technologies also wants to make aftermarket versions of the software as add-on modules that could be used in most any car with a power seat.
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Republic's purchase of Frontier could mean more local jobs

September 4, 2009
 IBJ Staff
Republic Airways Holdings Inc. is considering shifting as many as 250 jobs to its home base of Indianapolis as a result of its pending acquisition of Frontier Airlines Holdings Inc. in Denver, according to a news report.
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National jobless rate hits 26-year high

September 4, 2009
Associated Press
The unemployment rate jumped almost a half-point, to 9.7 percent, in August, the highest since 1983, reflecting a poor job market that will make it hard for the economy to begin a sustained recovery.
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Auto parts supplier coming to Plainfield, plans to create 30 jobs

September 4, 2009
 IBJ Staff
Chicago-based LKQ Corp., a supplier of replacement and aftermarket automotive parts, will establish a distribution center in Plainfield with plans to create up to 30 jobs by 2011, the company announced this morning.
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  1. The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.

  2. 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!

  3. Coming from her background,she should be used to those kinds of advances! Menard probably figured it was ok to tuck a buck!

  4. I'm still waiting for the list of available, high quality apartments in the Village.

  5. This criminal masquerading as a lawyer obviously has serious issues. He’s been proven by his own testimony to be a pathological liar and probably has a personality disorder as he seems to be constructing a reality around himself. He places no value on truth, honesty or loyalty as evidenced by what he has done to his clients and his own family. And by the demands and lies he has made in court, it is evident he feels entitled to do and say whatever suits his purpose and everyone else is expected to nod obediently and believe him because he is, after all, Bill Super Lawyer; or BS lawyer for short. This millionaire wanna-be no longer owns anything of value; he squandered it and put everything he had into foreclosure. He has no money, house, car, boat or vacation home left to show for what he earned or what he stole. He’s just another loser without morals who will be doing time. I’m certain all of his courtroom shenanigans are antagonizing his poor victims. As Lamar said, his behavior and claims in court have been outrageous. The judge needs to be more than concerned; he needs to be judicial and end this nonsense.

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