May 25, 2009
Chris O'MalleyIndianapolis Power & Light could have been on the hook for more than $100 million in retirement benefits, but a ruling this
month by the Indiana Utility Regulatory Commission allows IPL to keep the money.
More
May 25, 2009
Peter SchnitzlerWith sales slowed to a crawl, some entrepreneurs must take second jobs working for others to make ends meet.
More
May 25, 2009
Chris O'MalleyIn a state steeped in advanced research that spawns biomedical companies by the dozen, Apricity LLC is preposterously low-tech,
given that its latest product is nothing more than a warm blanket.
More
May 20, 2009
Greg AndrewsThe National Education Association said today that it is taking over its Indiana affiliate, a stunning comeuppance for what
long had been one of the most powerful union forces in the state.
More
May 18, 2009
Marc D. AllanThe biggest remnant of the former Thomson consumer electronics operation in Carmel is cashing in on the digital TV transition
with a higher-tech version of the rabbit ears.
More
May 18, 2009
Kathleen McLaughlinNational CineMedia, the dominant player in movie video feeds, has worked with Indianapolis-based Drum Corps International
and many other nonprofits to allow people to view the organizations' live shows in a theater setting.
More
May 18, 2009
Anthony SchoettleToday, life without a daily newspaper isn't so farfetched.
More
May 18, 2009
Kathleen McLaughlinCreating a self-contained community on 1,700 acres of farmland could take much longer than the 15 to 20 years Duke Realty
Corp. predicted.
More
May 18, 2009
The electronics accessories unit of Audiovox Corp. in Carmel is gaining from the rise in antenna sales ahead of the June 12
switch to all-digital TV broadcasting.
More
May 18, 2009
Cory SchoutenBarney Levengood, executive director of the financially-struggling Capital Improvement Board, is one of the state's highest-paid
public employees, and some wonder if his pay should be cut.
More
May 18, 2009
Scott OlsonOld National's purchase of 65 Charter One branches deepens its foothold in Indy.
More
May 18, 2009
Kathleen McLaughlinLilly Endowment lost 26 percent of its value in 2008, falling from $7.7 billion to $5.7 billion. What's different about the
Indianapolis-based endowment is that its most recent loss caps a downward slide that's lasted eight years.
More
May 18, 2009
Peter SchnitzlerMerchants Bank of Indiana, whose main office is in Carmel, books better numbers than any other Hoosier bank.
More
May 18, 2009
Peter SchnitzlerThe Hoosier Lottery has agreed to pay $2.75 million to settle a lawsuit filed by eight black former employees who claim racial
discrimination motivated their firing four years ago.
More
May 18, 2009
Kathleen McLaughlinThe Central Indiana Land Trust anticipates bringing nearly 800 acres valuable to conservation under its protection this year,
thanks to a generous tax incentive for property owners.
More
May 18, 2009
Kathleen McLaughlinSome of Indianapolis' main entrances from Interstate 70 are in line for a $2 million makeover.
More
May 18, 2009
J.K. WallClarian Health and the Indiana University School of Medicine want to turn 1,500 or more doctors into employees under a new
nonprofit group called the Indiana Clinic.
More
May 11, 2009
Scott OlsonHALO Capital injects $8 million into startups in first year of operation despite recession and membership turnover.
More
May 11, 2009
Peter SchnitzlerCall it a trickle-down effect, but not the kind President Reagan would have liked. The recession has cost most institutional
investors, such as university endowments, about a quarter of their value. As a result, venture capitalists' primary source
of funding has dried up. The implications for Hoosier entrepreneurship are stark.
More
May 11, 2009
Chris O'MalleyA trade group for the state's telephone companies is wringing its hands over budding efforts of electric companies to offer
so-called smart grids to better monitor and manage electric distribution.
More
May 11, 2009
J.K. WallAn activist shareholder vying to become a director of Conseco Inc. says the insurance company's board "completely misjudged"
the risks it faced when it emerged from bankruptcy in 2003 and hasn't recovered since. Now an independent shareholder advisory
firm is siding with him.
More
May 11, 2009
George UmbargerGame technician Doug Clark has been going full tilt in unusual niche for 31 years.
More
May 11, 2009
J.K. WallSpecialist physicians, who have traditionally been fiercely independent, are more and more coming on as employees of hospitals.
More
May 11, 2009
Cory SchoutenThe 32-year-old developer Lauth Group Inc. likely will survive in some form if the company can find financing to get it through
a Chapter 11 reorganization and if the real estate market doesn't take too long to turn around, experts said.
More
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.
Does the buyer get to keep the recent Accu-Chek J.D. Power award? Be careful, those Swiss cannot be trusted. Last June they pimped Mayor Ballard and former Governor Daniels at a media op, announcing plans to invest "$300 million at its Indianapolis headquarters, creating up to 100 new jobs by 2017," only to turn around and close the Roche Nutley, NJ facility and eliminate 1000 jobs there later the same week. It seems that healthcare can be innovated only as long as money is to be made. Right now Roche seems to have big eyes for China: there are many Chinese in China and potential billions in Swiss francs! Since Roche is having difficulty with US insurance companies swallowing the bill for overpriced cancer drugs (with debatable efficacy) why not sell insurance to the Chinese and market the drugs to them there? There is a name for these sort of business practices however proper decorum precludes it use in this forum.
Same kind of Luddites who oppose I-69. Guessing their 501(c)(4) application probably sailed right through the IRS.