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News & Analysis
Cummins 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.
MoreICVA might take out loan to market city for conventions
August 24, 2009
Anthony SchoettleThe Indianapolis Convention & Visitors Association is so desperate for more marketing funding, the organization charged
with promoting the city as a convention and tourism destination is considering taking out a loan. While that
would be the last resort, ICVA CEO Don Welsh said it is one he will have to consider if the money can’t be raised through
local taxes.
MoreINpact Medical Device Network matches start-ups with service providers
August 24, 2009
Chris O'MalleyIndustry groups in the life sciences, medical and information technology realms have helped lure companies to the region
and foster upstarts. Funding is almost always an issue, but it’s not the only barrier. Getting medical
devices to market often requires product design, development and marketing resources that aren’t
always apparent to upstarts.
MoreDocs offer varied cures for ailing health care system
August 24, 2009
J.K. WallIndianapolis physicians are mixed on the merits of a government-run, "public" health insurance plan. How reforms
might affect their pay is another major concern.
MoreDemocrats eager to face Ballard
August 24, 2009
Cory SchoutenSeveral prominent local Democrats are lining up to challenge Republican Mayor Greg Ballard just two years into his first
term.
MoreAffordable housing developers struggle as key funding source disappears
August 24, 2009
Kathleen McLaughlinAffordable
housing developers nationwide are facing a drastically weaker market for tax credits.
MoreDodson Group hit crisis mode after trusted CFO suspected of theft
August 24, 2009
Peter SchnitzlerAt first, small-business owner Jim Dodson figured the problem must be a technical glitch. During a routine analysis of
aging unpaid invoices last September, one of his employees couldn’t tie the latest figures to the company’s ledger.
Accounts receivable for his company,
the Dodson Group, had been overstated by $2.7 million—double their true value. And $422,539 was missing from the firm’s
coffers.
MoreDirector of Carmel performing arts center says venue will be 'amazing'
August 24, 2009
Kathleen McLaughlinSteven Libman believes he’ll have no trouble raising money for a $3 million operating budget, and says he plans to
pack the calendar with big-name acts.
MoreLocals settle First Indiana insider-trading case
August 24, 2009
Greg AndrewsThe Securities and Exchange Commission said today that it has settled insider-trading charges against three local residents
who bought shares in First Indiana Corp. immediately before the July 9, 2007, announcement that it was being acquired by a
Milwaukee bank for a 42-percent premium.
MoreIU to induct Knight into hall of fame
August 22, 2009
Anthony SchoettleFormer Indiana University coach Bob Knight will be inducted Nov. 6 into the school’s athletic hall of fame, but it remains
to be seen if The General will come marching back to Bloomington.
MoreLennen, Ledyard named hospital presidents
August 21, 2009
IBJ StaffCommunity Health Network has chosen Anthony Lennen as president of Community Hospital South and Dr. Robin Ledyard as president
of Community Hospital East, the health care system announced this morning.
MoreAirport axes five directors in cost-cutting move
August 21, 2009
Scott OlsonFive executives are among seven employees let go by the Indianapolis Airport Authority as part of its efforts to cut expenses
amid declining airport revenue.
MoreIndiana's jobless rate remains nearly unchanged
August 21, 2009
IBJ StaffIndiana's unemployment situation appears to be stabilizing as the jobless rate held almost steady for the third month in a
row, the Indiana Department of Workforce Development said this morning.
MoreSallie Mae rallies over jobs in Fishers
August 21, 2009
Scott OlsonSallie Mae CEO Al Lord visited the company's Fishers office this morning in his latest effort to get the word out that his
business and his employees' jobs are threatened by a government proposal.
MoreIT consultant Apparatus buying WFYI building
August 20, 2009
IBJ StaffLocally based information technology consultant Apparatus has agreed to buy the former WFYI building at 1401 N. Meridian St.
for a new headquarters.
MoreAdam's Mark converting to Wyndham
August 20, 2009
Scott OlsonThe Adam’s Mark Hotel Indianapolis has become the Wyndham Indianapolis West Hotel.
MoreHarley-Davidson scouts Shelby County for site
August 20, 2009
Milwaukee-based Harley-Davidson Inc. is considering Shelby County as the site for a massive new motorcycle plant.
MoreSite visit lifts county's hopes for landing Harley
August 20, 2009
IBJ StaffHarley-Davidson Inc. officials were in Shelby County yesterday assessing it as a location for a new motorcycle plant, but
it isn’t yet clear how the county stacks up to other U.S. locales that also are in the running for the economic-development
prize.
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Who makes Tater Tots? They would be a good sponsor, because $3 Million for the alleged "Greatest Spectacle In Racing" is taters. Tiny, tiny taters. But at least they are making up something of the losses accumulated over the years in this dying sport. Buttock in seat is certainly not doing it, nor eyeball on TV, as evidenced by the lack of both.
We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)
True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.
The Prestige was a great flick.
Larry - even though the race is on ABC, ESPN does all of the work, so that is why ESPN is mentioned. Most sports on ABC are called something like "ESPN on ABC."