News & Analysis

New federal rules prompt ITT to change bonus-pay criteria

March 9, 2011
Scott Olson
The Carmel-based for-profit educator still will pay its top executives bonuses, but they'll no longer be tied to school enrollment, the company said Tuesday in a proxy filing.
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Competition seeks ideas for Monument Circle

March 9, 2011
A competition that could influence the future look and use of Monument Circle was unveiled Wednesday morning by a partnership that includes the city of Indianapolis and the state of Indiana.
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Northstar Aerospace closing Anderson plant; 48 jobs lost

March 9, 2011
Workers will be let go in three stages beginning May 1, and the plant is expected to permanently close by June 24.
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Lilly suffers another bruise from Novo

March 9, 2011
J.K. Wall
The failure of its drug Bydureon to match the performance of Novo’s Victoza trims but doesn’t kill sales prospects for the highly touted diabetes drug.
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Health insurance costs spike worldwide

March 9, 2011
J.K. Wall
Think galloping health insurance costs are a problem unique to American employers? Think again. Medical costs paid by employer-focused health insurers rose by an average of 10 percent last year—identical to the United States.
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Q&A: Tony Lennen

March 9, 2011
J.K. Wall
Tony Lennen became president of Community Hospital South in 2009, overseeing a 50-bed expansion that was completed last summer, giving the hospital 150 private rooms. The facility, located along the line between Marion and Johnson counties, competes against nearby facilities run by Franciscan St. Francis Health, Indiana University Health and Johnson Memorial Hospital.
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Lilly confident of FDA approval for Amyvid, Lechleiter says

March 9, 2011
Bloomberg News
Eli Lilly and Co. CEO John Lechleiter said he’s confident of gaining U.S. regulatory approval for a drug to help identify plaque in the brain associated with Alzheimer’s disease.
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GOP leaders consider ways to move on without Dems

March 8, 2011
Associated Press
Frustrated Republicans say they won't be bullied into changing their agenda, and Democrats showed no signs of backing down — with one lawmaker vowing to stay in Urbana, Ill., "until hell freezes over."
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Prosecutors seek another probe involving White

March 8, 2011
Associated Press
Two special prosecutors have asked the Indiana inspector general to investigate whether indicted Secretary of State Charlie White improperly accessed a report detailing evidence of alleged voter fraud against him.
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Indy Partnership makes leadership change official

March 8, 2011
In a move IBJ reported Feb. 15, Scott Fulford, a member of the organization's business development team, has been picked to lead Indiana Partnership, the group announced Tuesday.
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Volunteers market growing retail space along East 10th

March 8, 2011
Francesca Jarosz
Six projects with more than 25,000 square feet of space will be completed this year and in 2012 along the 10th Street corridor, which runs from near Rural Street east to Sherman Drive.
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Northeast-side office building target of foreclosure

March 8, 2011
Scott Olson
Owners of the nearly 40,000-square-foot office complex near East 71st Street and Binford Boulevard have defaulted on a $3 million bank note, according to court documents.
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Renewable energy 'coordinator' eyes GM plant

March 8, 2011
Kathleen McLaughlin
D'Arcinoff Group, which calls itself a manufacturing coordinator, has its eye on the soon-to-close General Motors stamping plant west of downtown Indianapolis.
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Notre Dame to end use of hydraulic lifts to film practice

March 8, 2011
Associated Press
The University of Notre Dame will install remote-controlled cameras as part of a safety push spurred by an October accident in which a student filmmaker was killed when a lift toppled.
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Browning set to start retail project; another in works

March 8, 2011
Tom Harton
Browning Investments is close to breaking ground on a small retail strip center on West 86th Street in front of St. Vincent Hospital and is in the early stages of planning a larger retail center at 131st and Meridian streets.
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Frontier Airlines cuts second-quarter capacity plans

March 7, 2011
Associated Press
Indianapolis-based Republic Airways Holdings Inc. said Monday that it is reducing growth plans for its Frontier Airlines unit because of uncertainty about future oil prices.
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Indiana House Democrats still refusing to work

March 7, 2011
Associated Press
An Indiana House Democrat threatened Monday to continue the caucus's ongoing boycott "as long as it takes" to get changes made to Republican-backed proposals, even if their absence shuts down state government.
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IU Foundation buys Indiana Landmarks' canalside offices

March 7, 2011
Kathleen McLaughlin
The Indiana University Foundation will move its Indianapolis staff from an office on North Meridian Street.
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City launching mobile app for potholes, other problems

March 7, 2011
Francesca Jarosz
The city of Indianapolis plans to launch a free application for Apple devices such as iPhones, iPads and iPod Touches that will allow residents to report potholes, high weeds or stray dogs as they spot them.
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Indianapolis hopeful it can retain Big Ten tournaments

March 7, 2011
Scott Olson
The contract between Indianapolis and the Big Ten expires in 2012, and officials from the conference's 11 universities are beginning the process to select a future host for the men's and women's basketball tournaments.
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Three local companies make most-admired list

March 7, 2011
 IBJ Staff
Simon Property Group Inc., WellPoint Inc. and Brightpoint Inc. of Indianapolis, and Columbus-based Cummins Inc. made Fortune's annual list of 350 companies, released Monday.
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Homeless-aid group up and running in Indianapolis

March 7, 2011
Kathleen McLaughlin
A fast-growing national organization that gets homeless people involved in running is expanding to Indianapolis.
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Pay TV battle turning bitter; no agreement reached

March 7, 2011
Associated Press
A battle over fees between Dish Network and television station owner Lin TV Corp. caused 27 stations, including two in Indianapolis, to go dark for Dish subscribers Saturday.
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Transition-to-teaching students find few jobs

March 6, 2011
Associated Press
An Indiana Department of Education report shows less than 40 percent of those who completed the transition-to-teaching programs in 2008-2009 were working in Indiana schools last year.
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Democrats try to explain boycott in Web meetings, calls

March 6, 2011
Associated Press
As pressure mounts for Indiana Democrats to end their Statehouse boycott and get back to work, some members of the exiled caucus are holding town hall meetings to explain to their constituents why they are holed up in an Illinois hotel.
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  1. If what you stated is true, then this article is entirely inaccurate. "State sells bonds" is same as "State borrows money". Supposedly the company will "pay for them". But since we are paying the company, we are still paying for this road with borrowed money, even though the state has $2 billion in the bank.

  2. Andrew hit the nail on the head. AMTRAK provides terrible service and that is why the state has found a contractor to improve the service. More trips, on-time performance, better times, cleanliness and adequate or better restrooms. WI-FI and food service will also be provided. Transit from outlying areas will also be provided. I wouldn't take it the way it is but with the above services and marketing of the service,ridership will improve and more folks will explore Indy and may even want to move here.

  3. They could take the property using eminent domain and save money by not paying the church or building a soccer field and a new driveway. Ctrwd has monthly meetings open to all customers of the district. The meetings are listed and if the customers really cared that much they would show. Ctrwd works hard in every way they can to make sure the customer is put first. Overflows damage the surrounding environment and cost a lot of money every year. There have been many upgrades done through the years to help not send flow to Carmel. Even with the upgrades ctrwd cannot always keep up. I understand how a storage tank could be an eye sore, but has anyone thought to look at other lift stations or storage tanks. Most lift stations are right in the middle of neighborhoods. Some close to schools and soccer fields, and some right in back yards, or at least next to a back yard. We all have to work together to come up with a proper solution. The proposed solution by ctrwd is the best one offered so far.

  4. Fox has comments from several people that seem to have some inside information. I would refer to their website. Changed my whole opionion of this story.

  5. This place is great! I'm piggy backing and saying the Cobb salad is great. But the ribs are awesome. $6.49 for ribs and 2 sides?! They're delicious. If you work downtown, head over there.

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