News & Analysis

Circle City Classic organizers look to boost 27-year-old event

October 1, 2010
Anthony Schoettle
A management shift and a renewed marketing effort that includes new attractions and increased advertising in key markets has Circle City Classic organizers optimistic about the annual event's future.
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Drugmakers’ ‘doughnut hole’ deal to shave sales

October 1, 2010
Bloomberg News
Drugmakers including Pfizer Inc., AstraZeneca, Bristol-Myers Squibb Co. and Eli Lilly and Co. may provide more than $2 billion in drug discounts to senior citizens next year under a deal pharmaceutical companies made with the White House.
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Feds charge 3rd man with Clean Water violations

September 30, 2010
Associated Press
Joseph Biggio, who was executive vice president of operations at Ecological Systems Inc. from 2001 through 2007, was charged Thursday with two counts of violating the Clean Water Act and one count of making false statements.
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Indiana Supreme Court rulings uphold casino rights

September 30, 2010
Associated Press
The court issued a pair of split rulings bolstering the rights of casinos by ruling against a woman who said a riverboat preyed on her gambling addiction and a card counter who sued for the right to play blackjack.
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EEOC suing local hotel for race discrimination

September 30, 2010
Equal Employment Opportunity Commission's lawsuit against the owners of a Hampton Inn on the east side charges that the hotel treated black housekeepers unfairly.
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Court of Appeals upholds Miller estate decision

September 30, 2010
Kathleen McLaughlin
The Indiana Court of Appeals has sided with former Columbus, Ind., banker Will Miller in an estate battle launched by his older brother, Hugh. In an opinion issued Thursday, the court said Will Miller was correct to spend more than $20 million over 3-1/2 years on the upkeep of properties owned by the wealthy Columbus family.
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Local ordinance could be key in City Market discrimination flap

September 30, 2010
Scott Olson
Unlike state and federal law, city ordinance prohibits discrimination based on sexual orientation. That may be enough for the city to take action against Just Cookies, which operates in City Market, for declining a request based on the customer's sexual orientation.
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Crowne Plaza walkway to add to city's connectivity

September 30, 2010
Anthony Schoettle
Officials for Crowne Plaza Hotel downtown said a $400,000 enclosed connector linking the hotel to the convention center will be done in February.
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Indy Racing League near big sponsorship deal

September 30, 2010
Anthony Schoettle
Fresh off signing deal with Brazilian coffee maker, Indy Racing League executive promises much bigger sponsorship announcement within two weeks.
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Hogsett confirmed as U.S. attorney

September 30, 2010
 IBJ Staff
Indianapolis attorney Joe Hogsett has received approval from the full Senate to be the next U.S. attorney for the Southern District of Indiana.
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Indianapolis, Fort Wayne brokerages complete merger

September 30, 2010
Ash Brokerage Corp. and InSource Inc. have merged to create Ash InSource LLC, a company with annual fixed and equity-indexed annuity sales of more than $1 billion.
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Children's Museum to revamp area for preschoolers

September 30, 2010
 IBJ Staff and Associated Press
The Children's Museum of Indianapolis has received a three-year, $700,000 grant from the PNC Foundation to renovate its early childhood exhibit, Playscape. It is the first major gift the foundation has made in Indianapolis.
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Insurers ordered to appear at Frankfort hearing

September 29, 2010
Associated Press
Major health insurers, including Indianapolis-based Anthem, are being ordered to a hearing to explain why they are eliminating child-only policies.
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Downtown tax district reaps unexpected windfall

September 29, 2010
Francesca Jarosz
The city has accumulated a $12 million surplus of funds from the downtown TIF district, raising questions from critics who wonder how the windfall came about.
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Ivy Tech wins $784,000 to re-enroll former students

September 29, 2010
J.K. Wall
The money is part of an effort by Indianapolis-based Lumina Foundation to boost the number of Americans with college-level degrees.
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LEADING QUESTIONS: Regional M&I prez buzzes on banking

September 29, 2010
Mason King
LQ_Rick_watchvideoMarathoner, mountain climber and career changer Reagan Rick approaches his work in finance with high energy and a lofty perspective. He discusses the thin air in today's lending environment.
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Lilly sues drug distributor over generic Zyprexa sales

September 29, 2010
Bloomberg News
Celesio's Lloyds Pharmacy and Aah Pharmaceuticals businesses sold about 800,000 tablets of generic Zyprexa before agreeing in 2008 to halt sales, Lilly said in a complaint filed in the High Court in London.
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Local television ratings for Reds games soar

September 29, 2010
Anthony Schoettle
This August, ratings on Fox Sports Indiana for Cincinnati Reds games were up 144 percent over the same period a year ago. September ratings are up 196 percent.
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Marian joins Bush initiative to train school principals

September 29, 2010
 IBJ Staff and Associated Press
Marian University in Indianapolis is one of six schools or school districts signed up with the George W. Bush Institute to train school principals in business-like management techniques.
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Fortune Industries reports higher profit, lower revenue

September 29, 2010
Indianapolis-based professional employer organization reported fiscal-year profit of $828,000, an 85-percent increase from fiscal 2009. Revenue, however, fell 20 percent, to $60.7 million.
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Rules mostly falling WellPoint's way

September 29, 2010
J.K. Wall
Health insurers won fairly broad leeway under key rules suggested by state insurance commissioners that will govern what kinds of expenses count toward meeting a new federal threshold to spend at least 80 percent of premiums dollars on medical care.
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Indiana University aims to raise $5B in a decade

September 29, 2010
 IBJ Staff and Associated Press
Indiana University President Michael McRobbie says the university is in "constant campaign mode," and private philanthropy is vital for enhancing student financial aid, endowed faculty chairs, specialized buildings and academic initiatives.
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Critics of parking proposal question $500,000 penalty

September 28, 2010
Scott Olson
City leaders argue the termination fee would be paid only if the city breaks the 50-year agreement after the City-County Council signs off on the deal, not if the contract doesn't win approval.
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Union representing Star employees settles suit

September 28, 2010
Details of the confidential agreement were not made public. The union said in a letter to Star employees that the eight will receive a financial settlement but will not be rehired.
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Site chosen for proposed Westfield sports complex

September 28, 2010
Anthony Schoettle
The Hamilton County sports and recreation campus—known as the "Family Sports Capital of America"—is expected to occupy 300 acres and cost millions to fully develop.
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  1. Hiking blocks to an office after fighting traffic is not logical. Having office buildings around the loop, 465 and in cities in surrounding counties is logical. In other words, counties around Indianapolis need office buildings like Keystone, Meridian, Michigan Road/College Park and then no need to go downtown. Financial, legal, professional businesses don't need the downtown when Carmel, Fishers, North Indy are building their own central office buildings close to the professionals. The more Hamilton, Boone county attract professionals, the less downtown is relevant. Highrises have no meaning if they don't have adequate parking for professionals and clients. Great for show, but not exactly downtown Chicago, no lakefront, no river to speak of, and no view from highrises of lake Michigan and the magnificent mile. Indianapolis has no view.

  2. "The car count, THE SERIES, THE RACING, THE RATINGS, THE ATTENDANCE< AND THE MANAGEMENT, EVERY season is sub-par." ______________ You're welcome!

  3. that it actually looked a lot like Sato v Franchitti @Houston. And judging from Dario's marble mouthed presentation providing "color", I'd say that he still suffers from his Dallara inflicted head injury._______Considering that the Formula E cars weren't going that quickly at that exact moment, that was impressive air time. But I guess we shouldn't be surprised, as Dallara is the only car builder that needs an FAA certification for their cars. But flying Dallaras aren't new. Just ask Dan Wheldon.

  4. Does anyone know how and where I can get involved and included?

  5. While the data supporting the success of educating our preschoolers is significant, the method of reaching this age group should be multi-faceted. Getting business involved in support of early childhood education is needed. But the ways for businesses to be involved are not just giving money to programs and services. Corporations and businesses educating their own workforce in the importance of sending a child to kindergarten prepared to learn is an alternative way that needs to be addressed. Helping parents prepare their children for school and be involved is a proven method for success. However, many parents are not sure how to help their children. The public is often led to think that preschool education happens only in schools, daycare, or learning centers but parents and other family members along with pediatricians, librarians, museums, etc. are valuable resources in educating our youngsters. When parents are informed through work lunch hour workshops in educating a young child, website exposure to exceptional teaching ideas that illustrate how to encourage learning for fun, media input, and directed community focus on early childhood that is when a difference will be seen. As a society we all need to look outside the normal paths of educating and reaching preschoolers. It is when methods of involving the most important adult in a child's life - a parent, that real success in educating our future workers will occur. The website www.ifnotyouwho.org is free and illustrates activities that are research-based, easy to follow and fun! Businesses should be encouraging their workers to tackle this issue and this website makes it easy for parents to be involved. The focus of preschool education should be to inspire all the adults in a preschooler's life to be aware of what they can do to prepare a child for their future life. Fortunately we now know best practices to prepare a child for a successful start to school. Is the business community ready to be involved in educating preschoolers when it becomes more than a donation but a challenge to their own workers?

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