News & Analysis

More than 500 employees take Purdue early-retirement plan

November 2, 2010
 IBJ Staff
The plan, approved by Purdue's Board of Trustees on Aug. 30, was designed to reduce payroll costs and avoid involuntary layoffs.
More

Manufacturer plans to hire 40 in Portland

November 2, 2010
Fort Recovery Industries Inc., an Ohio-based aluminum and zinc die cast hardware manufacturer, said it plans to create the jobs by locating a manufacturing plant in the northeastern Indiana city.
More

Lilly to open diabetes research center in China

November 2, 2010
 IBJ Staff
Indianapolis-based Eli Lilly and Co. plans to open a diabetes research center in China, the drugmaker said Tuesday, citing the high incidence of the disease there.
More

Fraud allegations focus of secretary of state race

November 2, 2010
Associated Press
Charges of voter fraud have already marred Tuesday's election for Indiana's next chief election official, with the Republican candidate accused of using a false address to cast a ballot in May's primary.
More

Election Board agrees to lease former Marsh store

November 2, 2010
Cory Schouten
The Marion County Election Board has agreed to lease about 41,000 square feet in a former Marsh store along East Washington Street for an election services center.
More

Profit, revenue increase for Interactive Intelligence

November 1, 2010
 IBJ Staff
The business-communications software firm had profit of $3.5 million in the quarter ended Sept. 30, up from $2.8 million in the same period of 2009. Quarterly revenue leaped to $41.8 million, an increase of 26 percent.
More

Colts have new contract proposal for Manning

November 1, 2010
Associated Press
Indianapolis Colts owner Jim Irsay said Monday he was prepared to make a contract offer to Peyton Manning during the team's off week, but Manning and his agent wanted to wait until after the season.
More

Appeals court rejects Lilly over Gemzar patent

November 1, 2010
 IBJ Staff and Bloomberg News
Without an appeal, generic drugs are now poised to wipe away most of Lilly's $750 million in annual U.S. revenue from Gemzar.
More

In rough economy, state candidates tout biz skills

November 1, 2010
Francesca Jarosz
Candidates might brag about their business credentials in any campaign year, but in the lead-up to Tuesday’s election, some say it’s been particularly intense.
More

Anti-incumbent wave unlikely to swamp ‘lucky’ Burton

November 1, 2010
Mary Dieter
Congressman Dan Burton is expected to win his 15th term Tuesday despite what some say is an anti-incumbent sentiment sweeping the nation.
More

Old National profit rises

November 1, 2010
The Evansville-based bank reported a third-quarter profit of $11.9 million, up from $4 million in the year-ago period.
More

September consumer spending weakens while incomes dip

November 1, 2010
Associated Press
Americans slowed their spending in September to the weakest pace in three months and their incomes fell for the first time in 14 months.
More

Simon's quarterly results slip, but profit, revenue rise

November 1, 2010
Bloomberg News
Simon Property Group Inc., the largest U.S. shopping-mall owner, said third-quarter profit declined from a year ago after the company recorded an expense to buy back debt.
More

First Internet Bancorp quarterly earnings up again

November 1, 2010
First Internet Bancorp earned just over $1 million in the third quarter ended Sept. 30, compared to a loss of $208,806 for the same quarter of 2009.
More

Voters expected to OK property-tax cap amendment

October 31, 2010
Associated Press
A recent poll found that more than 60 percent of likely voters support the proposed constitutional amendment, and some of the measure's biggest opponents have given up the fight.
More

Indiana's life sciences industry sees trouble ahead

October 30, 2010
Associated Press
Indiana's life sciences industry has weathered the recession relatively well, but Eli Lilly's struggles and tight capital markets could threaten the future.
More

State sues WellPoint over data breach

October 30, 2010
Associated Press
The lawsuit filed Friday in Marion County accuses Indianapolis-based WellPoint of violating a state law that requires businesses to provide notification of data breaches in a timely manner.
More

Workplace safety rules a part of ND death probe

October 30, 2010
Associated Press
State regulators are investigating whether the University of Notre Dame violated safety rules when it allowed a student to videotape football practice from a tall hydraulic lift that toppled in high winds, killing the young man.
More

BioCrossroads helping laid-off life sciences workers land safely

October 30, 2010
Chris O'Malley
Indiana firms have dismissed more than 1,400 life science workers over the last two years. Now BioCrossroads has launched a website that aims to keep that talent in the state.
More

Former IU tech-transfer chief: State isn't competitive enoughRestricted Content

October 30, 2010
Norm Heikens
Mark Long was president of the Indiana University Research & Technology Corp., which was responsible for the university’s tech transfer, before launching a consulting firm, Long Performance Advisors, in 2008.
More

New parking meter plan could yield Indianapolis more cash

October 30, 2010
Francesca Jarosz
The revised plan calls for less money up front, more over the life of the contract and more flexibility to terminate the 50-year deal early.
More

Eli Lilly will have to beat odds to meet drug-rollout goals

October 30, 2010
J.K. Wall
Eli Lilly and Co. executives have said repeatedly that the company’s bulging pipeline will produce two new drugs per year, beginning in 2013. But only three times in the past six decades has Lilly been able to launch two or more new drugs in back-to-back years.
More

Critics say state ethics panel too lenient

October 30, 2010
Francesca Jarosz
The Indiana State Ethics Commission, which has been under fire for allowing a state regulator to take a job with a utility, has a long history of lenient decisions.
More

Downtown apartment developers take divergent paths to financing

October 30, 2010
Cory Schouten
J.C. Hart Co. spent more than a year securing a $5 million bank loan to expand an existing project; Buckingham Cos. turned to the city to finance its ambitious project just north of the Eli Lilly and Co. campus.
More

Di Rimini violations reveal holes in process that relies on trust

October 30, 2010
Cory Schouten
Brazen violations of city design guidelines and state building codes by the developer of the Di Rimini apartments cast a spotlight on what is essentially an honor system of regulation for developers once they win approval for their projects.
More
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. By the way, the right to work law is intended to prevent forced union membership, not as a way to keep workers in bondage as you make it sound, Italiano. If union leadership would spend all of their funding on the workers, who they are supposed to be representing, instead of trying to buy political favor and living lavish lifestyles as a result of the forced membership, this law would never had been necessary.

  2. Unions once served a noble purpose before greed and apathy took over. Now most unions are just as bad or even worse than the ills they sought to correct. I don't believe I have seen a positive comment posted by you. If you don't like the way things are done here, why do you live here? It would seem a more liberal environment like New York or California would suit you better?

  3. just to clear it up... Straight No Chaser is an a capella group that formed at IU. They've toured nationally typically doing a capella arangements of everything from Old Songbook Standards to current hits on the radio.

  4. This surprises you? Mayor Marine pulled the same crap whenhe levered the assets of the water co up by half a billion $$$ then he created his GRAFTER PROGRAM called REBUILDINDY. That program did not do anything for the Ratepayors Water Infrastructure Assets except encumber them and FORCE invitable higher water and sewer rates on Ratepayors to cover debt coverage on the dough he stole FROM THE PUBLIC TRUST. The guy is morally bankrupt to the average taxpayer and Ratepayor.

  5. There is no developer on the planet that isn't aware of what their subcontractors are doing (or not doing). They hire construction superintendents. They have architects and engineers on site to observe construction progress. If your subcontractor wasn't doing their job, you fire them and find someone who will. If people wonder why more condos aren't being built, developers like Kosene & Kosene are the reason. I am glad the residents were on the winning end after a long battle.

ADVERTISEMENT