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News & Analysis
Indianapolis golf course contracts up for bid
July 20, 2009
Kathleen McLaughlinMayor Greg Ballard’s
administration is requesting proposals to manage all but one of Indianapolis’
13 municipal courses.
MoreHoosier Academies leads chase for virtual charter schools
July 20, 2009
J.K. WallHoosier Academies is the leading candidate to operate a controversial virtual charter school pilot program authorized last
month by the Legislature.
MorePotential obesity breakthrough boosts Marcadia
July 20, 2009
J.K. WallFavorable article in prestigious journal could draw attention to Carmel biotech startup.
MoreCarmel grapples with rec center finances
July 20, 2009
A new business plan is in the works for the high-end Monon Center in Carmel.
MoreSupermarket shuffle at Conseco Fieldhouse
July 20, 2009
Anthony SchoettleMarketers and grocery store insiders say The Kroger Co.'s recently announced deal to partner with the Indiana Pacers and
Indiana Fever isn't just another sponsorship agreement.
MoreHealth care marketers taking the pulse of consumers' online habits
July 20, 2009
Christina GaloozisHealth care marketers can adapt to, and even use to their advantage, the online search habits of consumers.
Understanding when and why people search for specific health-related terms is vital to attracting more
visitors (i.e. patients) to a Web site.
MoreState law aims to attract doctors to areas in need of care
July 20, 2009
Scott OlsonA state law that went into effect July 1 attempts to attract young physicians and mental health practitioners to underserved
areas by forgiving part of their student loans. But Indiana’s budget woes prevented lawmakers from allocating funds
to support the program.
MoreDrug industry funds Democrat-led panel on health care reform
July 20, 2009
J.K. WallThe pharmaceutical industry—which for two decades has given twice as much in campaign donations
to Republicans as Democrats—organized a panel composed mostly of Democrats this month in Indianapolis
to argue its position on health care reform.
MoreRiverside course proceeds support preschool
July 20, 2009
Kathleen McLaughlinOne of the city’s golf course operators, Bob Thompson, has donated his earnings from two facilities to a single charitable
cause the past 15 years.
MoreNeighborhood taps cash languishing in account
July 20, 2009
Kim PuckettCity to unleash $3.8 million for improvements in United North West Area.
MoreLong-term-care business to help Wishard cover construction debt
July 20, 2009
J.K. WallTo pay for a shiny new downtown hospital, the parent corporation of Wishard Health Services will commit itself to yearly
debt payments 10 times as high as they are now. But Wishard officials have no doubt they can bear the extra load
because of places like Rosewalk Village, a nursing home that sits on the eastern side of Indianapolis.
MoreLauth's lawyers raking in big fees in bankruptcy reorganization
July 20, 2009
Cory SchoutenDeveloper Lauth Group Inc. is sparing no expense on attorneys in the Chapter 11 reorganization of key subsidiaries. The company
has hired two of the nation’s most prominent bankruptcy and restructuring specialists to handle
the cases, and the bill for the first month easily will exceed $1 million.
MoreBrightpoint prices offering of 15 million shares
July 16, 2009
Scott OlsonWireless device distributor Brightpoint Inc. said today it has priced 15 million shares of a previously announced stock offering
at $5 each.
MoreSmith & Hawken going out of business
July 15, 2009
IBJ StaffUpscale garden retailer Smith & Hawken will close all of its stores by the end of the year, including its Indianapolis
location on River Crossing Boulevard near the Fashion Mall.
MoreConnersville a finalist for police-cruiser plant
July 15, 2009
IBJ StaffConnersville is among three finalists in the running to produce a new police cruiser that runs on clean diesel and biodiesel
technology.
MoreRecession forces casinos to go all in with pricey expansion projects
July 13, 2009
Peter SchnitzlerIn a saturated gambling market, Indiana casinos increasingly rely on expanded entertainment options to
attract patrons. The upshot is that an industry once considered “recession-proof” is asking
the General Assembly for lower taxes and hopes to eliminate expensive regulatory requirements like maintaining engines
and crews.
MoreState arts commission budget down 20 percent
July 13, 2009
Kathleen McLaughlinA 20-percent budget reduction for the Indiana Arts Commission will affect as many as 400 grant-dependent organizations
across the state. The agency’s overall budget will shrink from $4 million in 2009 to $3.2 million for the
next two fiscal years.
MoreNot-for-profits capitalize on Obama's call to service
July 13, 2009
Kathleen McLaughlinPresident Obama is talking up volunteerism, and some not-for-profits are hustling to make sure they reap the benefits of
the high-profile pitch. The Nature Conservancy and Indianapolis-based Kiwanis International were among the first
organizations to announce their support of Obama’s summer service initiative, United We Serve, which kicked off June
22 and runs through Sept. 11.
MoreCity considering new parking meter plan
July 13, 2009
Cory SchoutenCity officials are considering several proposals designed to wrestle more revenue out of
the city’s roughly 4,000 parking meters, including
the possibility of a long-term lease to a private firm, a move that netted Chicago more than $1 billion
last year.
MoreHilbert in-law's life insurance dispute takes odd turn
July 13, 2009
Peter SchnitzlerLocal businessman J.B. Carlson contends the $15 million life insurance policy he took out on Stephen Hilbert’s mother-in-law
was legitimate, because she served on his firm’s board and was a key decision-maker. The mother-in-law, Germaine
“Suzy” Tomlinson, died at age 74 last September—just 32 months after the policy was issued.
MoreKite Realty misses out on REIT revival
July 13, 2009
Cory SchoutenKite Realty Group Trust has stuck pretty closely to the REIT recession playbook: Renegotiate debt, sell new shares, cut
dividends, and set the development engine to idle. But as the shares of most publicly traded real estate
investment trusts have bounced back from the lows in March, Kite’s shares have lagged.
MoreConrad Indianapolis adding wine bar, sidewalk dining
July 13, 2009
Cory SchoutenPlans are in the works for a wine bar called Tastings that would take the first-floor corner space at the Conrad Indianapolis.
The $1 million project would add an entrance to the luxury hotel at the northeast corner of Washington
and Illinois streets and include a total of 80 outdoor seats along both streets, in the shadow of the
Artsgarden.
MoreGreater Indianapolis YMCA has $30M in projects planned
July 13, 2009
Kathleen McLaughlinIt takes a map of the entire metro area to show all the projects the YMCA of Greater Indianapolis has on its drawing board.
The $30 million plan calls for building two brand-new facilities, one in Avon and one in Pike Township; expanding
the Fishers YMCA; and building a new outdoor pool in Lawrence.
MoreConstruction jobs trickling in from road stimulus
July 13, 2009
Chris O'MalleyFederal stimulus money for Indiana highway projects so far has put to work 1,222 people with a payroll of $1.27 million,
according to state records of 42 projects under way in which contractors have reported job data. The work, ranging
from paving to replacing bridge decks, had a total contract value of $39.2 million.
MoreBrightpoint shareholder selling shares
July 13, 2009
Scott OlsonBrightpoint Inc. said this morning shareholder NC Telecom Holding A/S would sell 15 million common shares in a public offering.
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You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.
For those who let this information strike a nerve, remember that this is still the America that allows the freedom to achieve dreams and goals. Should you really chastise those who are given a perk on a deal that is supported by the consumer (that is until they don't like the deal anymore due to envy) or should the dream of rewards for working be looked at a little closer? I say lets stick to the deal, go to work,earn our keep, shoot for dreams, change our jobs to have that dream or shut up about others achievements ..............while we are still afforded this liberty of America !
Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.