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News & Analysis
Shelbyville struggles to reach tech park goals
August 29, 2009
Kathleen McLaughlinDespite recent investment by Major Health Partners, Shelbyville’s technology park is about as far from meeting state
standards as it was two years ago.
MoreNoble Roman's wins latest round in fight with franchisees
August 29, 2009
Cory SchoutenA group of former franchisees of Noble Roman’s Inc. has hired a new attorney to represent them in a case against
the chain after a Hamilton County judge tossed their old lawyer.
MoreBloomington's Kilroy's opening downtown Indianapolis outpost
August 29, 2009
Cory SchoutenRestaurateur Paul Murzyn has signed a lease for the 8,700-square-foot, first-floor
space at 201 S. Meridian St., a historic building with luxury condos upstairs.
MoreMainGate Inc. racks up revenue with NFL deals
August 29, 2009
Anthony SchoettleWhen Brett Favre signed with the Minnesota Vikings Aug. 18, cheers could be heard at MainGate Inc.’s 7900 Rockville
Road headquarters. Predictably, Favre jerseys went flying off the shelves—about 6,000 in the first 72 hours—and
MainGate gets to keep a portion of those sales. The Vikings are one of six teams the Indianapolis-based merchandising
specialist has signed deals with in 2-1/2 years, making MainGate one of the biggest retail players in the goliath of professional
sports leagues.
MoreMZD to market volleyball sponsorships
August 29, 2009
Locally based MZD Advertising has signed a contract to market sponsorships and a trade show for the Mizuno Volleyball Mid
East Qualifier, to be held in 2010 in Indianapolis and St. Louis.
MoreLocal high-end home sales in deep slump
August 28, 2009
Scott OlsonSales of higher-priced homes nationally have slowed to a glacial pace. In the Indianapolis area, the supply of homes for sale
above $1 million has risen from three year’s worth in 2007 to more than eight year’s worth, according to the Metropolitan
Indianapolis Board of Realtors.
MoreState education officials urge greater emphasis on two-year degrees
August 28, 2009
J.K. WallOnly one in 12 Hoosiers has an associate’s degree. That’s a big problem because nearly half of all jobs expected
to be offered in the next decade and beyond will be middle-skill jobs—which require at least some post-secondary credential,
like an associate’s degree, but not a four-year bachelor’s degree.
MoreSaturday Evening Post looks to its past in effort to spark revival
August 28, 2009
Kim PuckettThe Indianapolis-based magazine, which
publishes every other month, launched a redesign in July reminiscent of its glory days, with a retro masthead, narrative cover
art and fiction writing.
MoreHumane Society eyes city for $3M clinic
August 27, 2009
Kathleen McLaughlinThe Humane Society of Indianapolis is shopping for donors to support construction of a $3 million spay/neuter clinic in the
Fountain Square area.
MoreSteak n Shake chief snaps up more shares
August 27, 2009
Cory SchoutenSteak n Shake Co. CEO Sardar Biglari revealed in regulatory filings this week that he spent $1.1 million buying shares in
the locally based burger chain, an apparent vote of confidence in his own turnaround plans.
MoreShoe Carnival's profit flat in second quarter
August 27, 2009
IBJ StaffEvansville-based Shoe Carnival Inc. today reported flat profit and declining same-stores sales in its fiscal second quarter.
MoreIvy Tech saving facade for classroom building
August 27, 2009
Cory SchoutenIvy Tech Community College plans to save the facade of a historic former hospital along Fall Creek Parkway and build a new
150,000-square-foot academic building behind it.
MoreRadio veteran Morgan jumps to Emmis from IMS
August 26, 2009
Anthony SchoettleLong-time radio veteran Charlie Morgan is leaving his post heading up broadcasting for Indianapolis Motor Speedway and Indy
Racing League to lead Emmis Communications Corp. radio stations in Indianapolis.
MoreKokomo plants benefit from 'clunkers' program
August 26, 2009
The federal government’s popular Cash for Clunkers program that ended Monday gave a boost to Kokomo’s Chrysler
plants.
MoreStar union approves new 2-year contract
August 25, 2009
IBJ StaffThe Indianapolis Newspaper Guild voted 56-45 today to ratify a new, two-year contract with the Gannett Co.-owned Indianapolis
Star
that includes a 10-percent pay cut and two-year wage freeze.
MoreEPA proposes $1.1M settlement with Vertellus
August 25, 2009
Kathleen McLaughlinChemical-maker Vertellus Specialties Inc. will spend up to $1.1 million and change air-emission monitoring practices at its
plant on the southwest side of Indianapolis under a proposed settlement with the U.S. Environmental Protection Agency.
MoreStar union voting on new contract
August 25, 2009
Scott OlsonThe Indianapolis Newspaper Guild plans to vote this afternoon on a new, two-year contract with the Gannett Co.-owned Indianapolis
Star that includes a 10-percent pay cut and two-year wage freeze.
MoreCummins moving some operations to Mexico
August 25, 2009
IBJ StaffA filtration division of Columbus-based Cummins Inc. will move a large portion of its North American assembly operations to
a plant in Mexico to keep the business competitive, the company said today.
MoreFirst Indiana deals stemmed from broader probe
August 25, 2009
Greg AndrewsThe insider-trading settlements announced by the Securities and Exchange Commission this week were an outgrowth of a broader
inquiry into trading in First Indiana Corp. by dozens of people before its sale two years ago, according to a former director
of the bank.
MoreState gambling revenue expected to stay flat
August 24, 2009
Scott OlsonIndiana’s share of tax money generated by the state’s 13 casinos is expected to remain relatively flat for at
least the next few years, a state fiscal analyst told Gaming Study Committee members this morning.
MoreDaytime-only eatery eyeing Indianapolis
August 24, 2009
Scott OlsonThe Bradenton, Fla.-based First Watch restaurant chain is scoping Indianapolis for franchisees to open as many as a half-dozen
restaurants, a company spokesman said today.
MoreBusinesses help older workers confront Medicare dilemma
August 24, 2009
Scott OlsonCompanies are helping workers age 65 and above decide whether to forgo their company health insurance and shift to Medicare.
Medicare is becoming more attractive as costs of company policies rise.
MoreMonarch program persuades young, male workers to care about their health
August 24, 2009
Marc D. AllanIndianapolis-based Monarch Beverage is among hundreds of central Indiana companies that
have introduced wellness programs to counteract the rising costs of health insurance and Worker’s Compensation.
MoreHealth reform breaking WellPoint's way so far
August 24, 2009
J.K. WallWith the Obama administration backing away from a government-run, "public" plan, the insurance
industry faces a much smaller threat in the form of privately run insurance co-ops.
MoreMy Health Care Manager looks to grow fast
August 24, 2009
J.K. WallIndianapolis-based startup My Health Care Manager has signed an agreement with Indianapolis-based
WellPoint Inc. that will eventually put My Health Care Manager’s elder care service in front of the health insurer’s
thousands of employer clients and their workers around the country.
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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!