News & Analysis

Riley Hospital CEO resigns

May 18, 2011
Dan Fink, who joined Riley Hospital for Children nearly six years ago, will depart Friday. Marilyn Cox will serve as interim president and CEO while Riley conducts a national search for a new leader.
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LEADING QUESTIONS: Wishard's top doc stays true to roots

May 18, 2011
Mason King
LQ_Harris_watchVideoHow can practicing medicine prepare you for a CEO post? And why is it smart to continue seeing patients once you get the top job? Dr. Lisa Harris will see you now with answers.
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City proposes stricter towing rules

May 18, 2011
A proposed ordinance would crack down on "predatory" towing practices by requiring tow-truck operators to adhere to several rules meant to protect consumers.
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Growth in drug spending to slow as generics rise

May 18, 2011
Bloomberg News
The annual growth rate in spending on drugs may be cut in half over the next five years as people opt for less expensive generic medicines over brand-name treatments, a health-care research group said Wednesday, highlighting the challenge pharmaceutical firms like Eli Lilly and Co. are facing.
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Gregg's lobbying record doesn't worry Democrats

May 17, 2011
Associated Press
Many of the same Democrats who blasted Republican Sen. Dan Coats last year for his time spent as a federal lobbyist are backing Democratic gubernatorial candidate John Gregg, who's a registered lobbyist in Indiana.
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Brightpoint bringing 100 jobs to central Indiana

May 17, 2011
Kathleen McLaughlin
Brightpoint Inc. will add 100 jobs in Plainfield as it moves its Touchstone Wireless operations from Bristol, Tenn., the company announced late Tuesday afternoon.
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Ratio finishing City Market design work

May 17, 2011
Scott Olson
The architectural firm is set to be awarded a $120,000 contract to complete the work after the original designer of the renovations, Woollen Molzen and Partners Inc., disbanded last month.
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WellPoint approves annual 'say on pay' measure

May 17, 2011
J.K. Wall
Shareholders of WellPoint Inc. approved on Tuesday the hefty pay packages of the company’s executives and voted for the right to weigh in annually on future executive compensation.
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Fortune turns profit in first quarter on higher revenue

May 17, 2011
The Indianapolis-based professional employer organization reported a profit of $265,000 in the first quarter after posting a loss of $426,000 in the same three months last year.
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Butler provost named university’s interim president

May 17, 2011
Jamie Comstock will serve as temporary leader from June 1 to Aug. 1, as Butler University makes the transition between outgoing President Bobby Fong and President-elect James Danko.
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Notre Dame says no to ‘Made in China’ on Irish goods

May 17, 2011
Bloomberg News
Ten years after adopting its policy, Notre Dame remains the only major U.S. university that forbids license holders such as Adidas AG to put the school logo on any product from China.
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Fountain Square project to include concert venue

May 17, 2011
Tom Harton
The new owner of a 110-year-old building in the heart of Fountain Square is planning a renovation and expansion that will turn it into a restaurant, bar and 450-seat music hall called Pioneer.
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New laws affect commercial property owners

May 17, 2011
Tom Harton
Three bills with implications for owners of commercial real estate were approved by the General Assembly and have been signed by Gov. Mitch Daniels.
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Prescription drug abuse growing problem in Indiana

May 16, 2011
Associated Press
Prescription drugs are playing an increasing role in the drug-related crimes that are filling up Indiana's prisons, prison officials and prosecutors said.
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Indianapolis council OKs razing of Keystone Towers

May 16, 2011
Associated Press
The City-County Council in Indianapolis has voted to spend $4 million to demolish the abandoned 15-story Keystone Towers and the long-vacant former Winona Hospital.
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Area home-building activity shows April uptick

May 16, 2011
In the nine-county area, the number of building permits filed in April climbed to 361, an increase of 10 percent from the same month in 2010.
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Economists: Lower growth, higher oil prices coming

May 16, 2011
Associated Press
The predictions of the economists reflect the jitteriness of a public that is still recovering from the financial crisis and now getting squeezed by rising prices for gas, groceries and other household items.
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Zimmer faces new threat to dominance

May 16, 2011
J.K. Wall
Warsaw-based Zimmer Holdings Inc. has enjoyed eight years as the giant in the industry of selling knee- and hip-replacement implants to hospitals. But now it faces a challenge from Johnson & Johnson.
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Lilly rejected by Supreme Court in Gemzar patent case

May 16, 2011
Bloomberg News
The justices Monday left intact a federal appeals court decision invalidating a patent that would have protected Gemzar from generic competition in the U.S. until May 2013.
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VCs: Health benefits will be defined contribution

May 16, 2011
J.K. Wall
Increasing government involvement in the health insurance market will have the counter-intuitive effect of making the industry more consumer-driven, concludes a new report from a health care venture-capital firm.
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Area home sales slump for 12th straight month

May 16, 2011
Indianapolis-area home-sale agreements fell 36.4 percent in April compared to the same month last year, marking 12 consecutive months in which year-over-year sales have fallen.
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Former speaker Gregg to run for Indiana governor

May 16, 2011
Associated Press
As expected, former Democratic Indiana House Speaker John Gregg plans to run for governor. Gregg called all 92 county chairmen over the weekend to tell them, his campaign said.
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UPDATE: Software firm plans 70 jobs in HQ relocation

May 16, 2011
Francesca Jarosz
Blue Pillar Inc., which produces software for energy-management data systems, is moving to Indianapolis from Georgia and plans 70 jobs by 2015.
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Amylin sues Lilly over drug development deal

May 16, 2011
Associated Press
Amylin Pharmaceuticals Inc. said Monday it filed a lawsuit against Eli Lilly and Co., accusing the larger drugmaker of breaking their commercialization deal for diabetes drugs by teaming with the German company Boehringer Ingelheim to develop and sell a competing product.
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Common sense might not keep you from being carded

May 15, 2011
Associated Press
The revised law that takes effect July 1 requires that only those who appear to be younger than 40 show ID when buying alcohol. But some retailers who embraced the stricter provisions say they're not ready to give customers the benefit of the doubt.
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  1. How much you wanna bet, that 70% of the jobs created there (after construction) are minimum wage? And Harvey is correct, the vast majority of residents in this project will drive to their jobs, and to think otherwise, is like Harvey says, a pipe dream. Someone working at a restaurant or retail store will not be able to afford living there. What ever happened to people who wanted to build buildings, paying for it themselves? Not a fan of these tax deals.

  2. Uh, no GeorgeP. The project is supposed to bring on 1,000 jobs and those people along with the people that will be living in the new residential will be driving to their jobs. The walkable stuff is a pipe dream. Besides, walkable is defined as having all daily necessities within 1/2 mile. That's not the case here. Never will be.

  3. Brad is on to something there. The merger of the Formula E and IndyCar Series would give IndyCar access to International markets and Formula E access the Indianapolis 500, not to mention some other events in the USA. Maybe after 2016 but before the new Dallara is rolled out for 2018. This give IndyCar two more seasons to run the DW12 and Formula E to get charged up, pun intended. Then shock the racing world, pun intended, but making the 101st Indianapolis 500 a stellar, groundbreaking event: The first all-electric Indy 500, and use that platform to promote the future of the sport.

  4. No, HarveyF, the exact opposite. Greater density and closeness to retail and everyday necessities reduces traffic. When one has to drive miles for necessities, all those cars are on the roads for many miles. When reasonable density is built, low rise in this case, in the middle of a thriving retail area, one has to drive far less, actually reducing the number of cars on the road.

  5. The Indy Star announced today the appointment of a new Beverage Reporter! So instead of insightful reports on Indy pro sports and Indiana college teams, you now get to read stories about the 432nd new brewery open or some obscure Hoosier winery winning a county fair blue ribbon. Yep, that's the coverage we Star readers crave. Not.

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