News & Analysis

Purdue scientist shares chemistry Nobel prize

October 6, 2010
Associated Press
Ei-ichi Negishi, 75, a chemistry professor at Purdue University, helped develop chemical methods widely used to make potential cancer drugs and other medicines, as well as slimmed-down computer screens.
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Ivy Tech trying to make transfer process smoother

October 6, 2010
Associated Press
Indianapolis-based Ivy Tech said it has assigned "transfer advocates" at each of the community college's 14 regions around the state.
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Consultants: Pharma industry facing huge changes

October 6, 2010
J.K. Wall
Heitzman_WatchVideoTo date, most analysts say health reform turned out pretty well for the pharmaceutical industry. But a detailed analysis by Deloitte Consulting says the indirect effects of reform will deliver a gut punch to the industry that will lead to full-scale transformation akin to what the telecommunications world has seen over the past three decades.
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Insurers cautious on accountable care

October 6, 2010
J.K. Wall
Health insurers, including locally based WellPoint Inc. and Advantage Health Solutions, have been looking to work with health care providers to form accountable-care organizations. But they also worry that the accountable-care concept will become nothing more than a negotiating tactic by hospitals and doctors.
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Q&A

October 6, 2010
J.K. Wall
Dale Hockel is vice president of clinical engineering services at TriMedX, which helps hospitals and health care facilities keep their medical equipment running even as it ages. TriMedX grew its number of clients in 2009 by 36 percent to a total of 739 health care facilities.
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Indiana's August revenue up 8.4 percent from year ago

October 5, 2010
Associated Press
The state Budget Agency reported Friday that Indiana collected $938 million in August. That's $51 million above the most recent forecast, but still $2 million less than projected in the budget lawmakers passed in early 2009.
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Estridge scales back Symphony development in Westfield

October 5, 2010
Scott Olson
The Estridge Cos. said it is reducing Symphony from a planned 1,400 acres to a size that will closer rival the Carmel-based home builder’s 436-acre Centennial development, also in Westfield.
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Duke Energy puts local CEO on leave amid state probe

October 5, 2010
Chris O'Malley
Duke Energy Corp. placed Mike Reed, CEO of its Indiana operations, on administrative leave Tuesday afternoon amid a state investigation that involves the company and resulted in the dismissal of the chairman of the Indiana Utility Regulatory Commission.
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Indiana utilities commissioner fired after ethics probe

October 5, 2010
Chris O'Malley
Daniels administration alleges Indiana Utility Regulatory Commission chairman David Lott Hardy knew an administrative law judge was talking with Duke Energy Corp. about a job even as he presided over a Duke case.
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Longtime car retailer closes on west side

October 5, 2010
National Car Sales, for years known for its commercials featuring basketball coach Bobby "Slick" Leonard, closed last week after more than 20 years in the market.
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German American Bancorp acquires Bank of Evansville

October 5, 2010
American Community Bancorp Inc.'s subsidiary bank, Bank of Evansville, will become part of Jasper-based German American Bancorp Inc. in a deal valued at nearly $30 million.
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Plastic recycler establishing $25M plant in Richmond

October 5, 2010
Chicago-based Perpetual Recycling Solutions said it will purchase and renovate an existing, 100,000-square-foot facility in the city, with plans to create up to 55 jobs by 2012.
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Closing of Berne plant putting 250 out of work

October 5, 2010
Michigan-based Camryn Industries plans to close the facility in Berne on Oct. 15 after the sale of the plant to Visionary Technologies Inc., also based in Michigan.
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UIndy to manage teacher bonus pay program at 44 schools

October 5, 2010
J.K. Wall
The University of Indianapolis has been selected to manage a $32.7 million effort to improve schools through teacher-improvement programs and performance-based bonuses.
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Christamore House laying off seven employees

October 5, 2010
Local not-for-profit also may temporarily reduce client services to ease its financial struggles. The agency said it needs to raise $200,000 to continue operating through the rest of the year.
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Interactive Intelligence buys Jacksonville software maker

October 5, 2010
 IBJ Staff
Interactive Intelligence Inc. has bolstered its product line of business software applications by acquiring Latitude Software for $14 million.
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Local school district gets $12M magnet school grant

October 5, 2010
Associated Press
The Metropolitan School District of Lawrence Township Schools is the only school system in Indiana and one of just 36 nationwide receiving the grants from the U.S. Department of Education.
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Walnut Street building sold for retail use

October 5, 2010
Tom Harton
The two-story industrial building along the Indianapolis Cultural Trail will be converted into a furniture store.
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Clarke Engineering plans $2.1M expansion in Fishers

October 5, 2010
 IBJ Staff
Fishers-based Clarke Engineering Services plans to invest $2.1 million to expand its headquarters operation, creating as many as 29 jobs by 2012. The 13-year-old firm said it will begin hiring immediately.
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Ex-IU hoops player Leary avoids prison time in fraud

October 4, 2010
Associated Press
Former Indiana University basketball player Todd Leary was sentenced Monday to two years of work release or home detention followed by two years on probation. He still faces theft and burglary charges in Hamilton County in a separate case.
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Customer-service jobs likely casualty in utility merger

October 4, 2010
Chris O'Malley
Consultant finds 23 or so customer-service jobs may be unneeded after Citizens Energy acquires city water and sewer utilities. Administrative jobs may also be on bubble, though most savings are from capital-related expenses.
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Federal audit knocks state's safety, health program

October 4, 2010
Scott Olson
The report from the U.S. Department of Labor raises concerns over whether Indiana's Occupational Safety and Health program is properly funded and staffed. Overall, the report provided 45 recommendations to improve procedures within the program.
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Plans for moving Greenwood airport put on hold

October 4, 2010
Associated Press
A slump in business travel has left the Greenwood Municipal Airport unable to attract the additional jet traffic it needs to have a chance at federal money for an expansion project.
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Expert: Indiana an island of drought in Ohio Valley

October 4, 2010
Associated Press
Indiana's official climatologist says Indiana is drier than surrounding states.
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Indiana pumpkin patches, orchards see visitors swell

October 3, 2010
Associated Press
Attractions like apple orchards and corn mazes are reporting bigger crowds this year, especially with cooler temperatures and dry weather.
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  1. So much for Eric Holder's conversation about race. If white people have got something to say, they get sued over it. Bottom line: white people have un-freer speech than others as a consequence of the misnamed "Civil rights laws."

  2. I agree, having seen three shows, that I was less than wowed. Disappointing!!

  3. Start drilling, start fracking, and start using our own energy. Other states have enriched their citizens and nearly elminated unemployment by using these resources that are on private land. If you are against the 'low prices' of discount stores, the best way to allow shoppers more choice is to empower them with better earnings. NOT through manipulated gov mandated min wage hikes, but better jobs and higher competitive pay. This would be direct result of using our own energy resources, yet Obama knows that Americans who arent dependent of gov welfare are much less likely to vote Dem, so he looks for ways to ensure America's decline and keep its citizens dependent of gov.

  4. Say It Loud, I'm Black and Ashamed: It's too bad that with certain "black" entertainment events, it seems violence and thuggery follows and the collateral damage that it leaves behinds continues to be a strain on the city in terms of people getting hurt, killed or becoming victims of crimes and/or stretching city resources. I remember shopping in the Meadows area years ago until violence and crime ended make most of the business pack you and leave as did with Lafayette Square and Washington Square. Over the past 10 to 12 years, I remember going to the Indiana Black Expo Soul Picnic in Washington Park. Violence, gang fights and homicides ended that. My great grandmother still bears the scares on her leg from when she was trampled by a group of thugs running from gun fire from a rival gang. With hundreds of police offices downtown still multiple shootings, people getting shot downtown during Black Expo. A number of people getting shots or murdered at black clubs around the city like Club Six on the west side, The Industry downtown, Jamal Tinsley's shot out in front of the Conrad, multiple fights and shootings at the skating rinks, shootings at Circle Center Mall and shooting and robberies and car jackings at Lafayette Mall. Shootings and gang violence and the State Fair. I can go on and on and on. Now Broad Ripple. (Shaking head side to side) Say It Loud, I'm Black and I'm Ashamed.

  5. Ballard Administration. Too funny. This is the least fiscally responsive administration I have ever seen. One thing this article failed to mention, is that the Hoosier State line delivers rail cars to the Amtrak Beech Grove maintenance facility for refurbishment. That's an economic development issue. And the jobs there are high-paying. That alone is worth the City's investment.

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