News & Analysis

Historic downtown building poised for overhaul

November 30, 2010
Tom Harton
DLZ Indiana closed in September on the century-old building at 157 E. Maryland St. and plans to spend nearly $2.3 million renovating it.
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Logistics provider moves to city’s northwest side

November 30, 2010
FitzMark Inc. relocates to space on Zionsville Road to accommodate growth, much of it resulting from the launch of an online subsidiary called FreightCity Inc.
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$26.8M military deal revs local Rolls-Royce operation

November 30, 2010
 IBJ Staff
Rolls-Royce Corp.’s Indianapolis operations continue to cash in on military contracts, scoring a $26.8 million deal to provide 12 spare engines for the Osprey tilt-rotor aircraft.
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Coaching search gives Hoosiers uncertain future

November 29, 2010
Associated Press
The new coach, whomever it is, will become the school's sixth since 1996 — more than any other Big Ten school. He will take over a team that has only three Big Ten wins over the past three years and just ended a 12-game losing streak against conference foes and a 15-game losing skid against league opponents away from Bloomington.
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Judge denies motion to dismiss school funding suit

November 29, 2010
Associated Press
Hamilton Southeastern Schools, Franklin Township Schools and Middlebury Community Schools say the school formula violates the state constitution's requirement for "general and uniform" public education funding because districts get different per-pupil amounts.
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Indiana voter turnout up nearly 4 percent from 2006

November 29, 2010
Associated Press
Figures released Monday by the Indiana secretary of state's office show that about 1.79 million Hoosiers cast ballots for the Nov. 2 election.
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Digital textbook startup moving to Indiana

November 29, 2010
J.K. Wall
Encompass Media LLC, run by Indianapolis native Scott Watanabe, projects rapid growth for digital textbooks.
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Storage-unit auctions not so ‘strange’ anymore

November 29, 2010
Scott Olson
Cable television shows have helped drive the popularity of storage-facility auctions, and an Indianapolis man who conducts the sales is witnessing the trend firsthand.
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Cost of '12 Days of Christmas' items soars 10.8 percent

November 29, 2010
Associated Press
Trying to buy the items repeated in the song's verses would cost $96,824—10.8 percent more than last year due to rising gold prices and higher pay for nine dancing ladies.
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Indiana resists call for renewable energy mandates

November 28, 2010
Associated Press
The state is one of only 14 nationwide without a renewable energy standard, according to the Pew Center of Global Climate Change.
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State still issuing water permits under controversial, old rules

November 28, 2010
Associated Press
More than three years after sparking an uproar by issuing BP a permit allowing it to discharge more pollution from its Whiting refinery, Indiana is still issuing permits under the same problematic set of rules that played a role in that 2007 controversy.
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Production firm turns out TV shows without leaving state

November 27, 2010
Sam Brattain
Indiana-based MMY Productions, an independent production company that specializes in reality TV, is working on a new show that chronicles action at Terre Haute's Crossroads Raceway.
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Indiana medical students opt for specialties, not family practice

November 27, 2010
Scott Olson
Interest in primary care has fallen off markedly due partly to relatively low pay.
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Med school students share their stories

November 27, 2010
Scott Olson
Five students at Indiana University School of Medicine contemplate whether to opt for family practice or a specialty.
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Health reform tripping up Indiana wellness incentiveRestricted Content

November 27, 2010
J.K. Wall
Federal health reform will trump an Indiana law that allows health insurers to offer steep discounts to employers with healthy workers and which institute aggressive wellness programs, but experts say other provisions will motivate small firms.
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AHLRICHS: Turn health reform into pragmatic answersRestricted Content

November 27, 2010
Health reform entrepreneurship could brand Indiana as productive, healthy place for employers to operate.
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Raidious aims to feed online marketing beastRestricted Content

November 27, 2010
Chris O'Malley
Upstart firm helps its clients meet onerous content demands of social media, other online marketing channels.
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St. Francis-WellPoint deal is a sign of the timesRestricted Content

November 27, 2010
J.K. Wall
St. Francis, which operates three Indianapolis-area hospitals, and WellPoint, the giant health insurer, announced this month that they have agreed to jointly form an accountable care organization.
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Retail giants hope to cash in on local flavor

November 27, 2010
Cory Schouten
National retailers from Macy’s to Walmart, Best Buy to Lowe’s—brands built on national scale and buying in bulk to lower costs and muscle out competitors—are offering a new proposition to customers: Help us become more local.
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Men's basketball still a cash cow at IURestricted Content

November 27, 2010
Anthony Schoettle
Despite its serious ills since 2007, Indiana University basketball remains a national power—at least financially. The men’s basketball program ranked No. 8 among all NCAA Division I schools in revenue generation during the 2008-2009 season.
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Brightpoint takes over s2f after big growth plans fizzleRestricted Content

November 27, 2010
Chris O'Malley
Minority-owned logistics firm s2f Worldwide, started a year ago with high-profile investors and tax incentives in tow, has been acquired by Brightpoint Inc. The deal closed about three weeks ago, said former s2f CEO Randall Lewis.
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Senior staffer settles retaliation lawsuit with IMARestricted Content

November 27, 2010
Kathleen McLaughlin
A longtime senior manager at the Indianapolis Museum of Art has retired—the result of a settlement in a retaliation lawsuit she filed earlier this month.
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Racing equipment maker Simpson testing helmets for footballRestricted Content

November 27, 2010
Anthony Schoettle
Bill Simpson, one of the biggest names in motorsports safety, is getting involved in the crusade to make a better football helmet and reduce the number of concussions in the National Football League.
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2010 Holiday Wish List

November 27, 2010
 IBJ Staff
The following is a list of Indianapolis-area not-for-profit organizations and the things each needs most.
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Possible Simon bid boosts British mall owner's stock

November 26, 2010
Bloomberg News
Shares of Capital Shopping Centres Group Plc, Britain’s biggest mall owner, rose the most since the company went public in 1992 after saying Indianapolis-based Simon Property Group Inc. may offer more than $3.6 billion in cash for the company.
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  1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  2. If you only knew....

  3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

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