News & Analysis

Credit crisis reverses student lender's growthRestricted Content

February 9, 2009
J.K. Wall
ISM Loans is waiting to re-enter markets after halting its lending, changing its leadership and cutting 100 workers.
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NASA contracts soaringRestricted Content

February 9, 2009
Chris O'Malley
NASA begins to award more grants to Indiana firms and universities.
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Some female small-biz owners anticipate boost from changes by new administrationRestricted Content

February 9, 2009
Della Pacheco
Some local women business owners are encouraged by the election of President Barack Obama and his appointment of a new chief at the Small Business Administration who is thought to be especially interested in the needs of women-owned businesses.
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Fight brews over liquor distribution in IndianaRestricted Content

February 9, 2009
Cory Schouten
A Florida firm is suing to overturn Indiana's resident-ownership law regarding liquor.
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Credit crunch creates bond crisis for CIBRestricted Content

February 9, 2009
Peter Schnitzler
The Capital Improvement Board's $43 million in debts must be settled soon, or the entity may not be able to survive.
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Purdue researchers tweak CT scanners to help lumber industry find knots, cracks, decay in treesRestricted Content

February 9, 2009
Scott Olson
CT scanners have been used for decades to peer inside humans. Now a Purdue University researcher is training the technology on hardwood trees to help lumber mills get the most value from logs.
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Mall giant says it's in good shape, but takes steps to conserve cashRestricted Content

February 9, 2009
Cory Schouten
Despite assurances of strength, Simon Property Group Inc. has decided to pay 90 percent of its dividend in stock, a move that allows the company to hold onto $925 million in cash this year but could alienate shareholders drawn by the dividend.
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Arts leaders brainstorm for new funding streamsRestricted Content

February 9, 2009
Kathleen McLaughlin

A panel convened by IBJ discusses the lack of funding dilemma and need for broad-based support in the Indianapolis arts community.

 

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Cash-strapped gambling firm pushing bill in Legislature; Centaur trying to recover from Pennsylvania setbackRestricted Content

February 2, 2009
Peter Schnitzler
Centaur is lobbying the Indiana General Assembly to let it transfer 500 slots from its Hoosier Park horse track in Anderson to the Fort Wayne area.
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Entrepreneurs pursuing patient advocacy trendRestricted Content

February 2, 2009
Christopher Lloyd
Patients are seeking help with their doctors, records and referrals as the health care system grows increasingly complex.
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Redevelopment plans threaten Gasoline AlleyRestricted Content

February 2, 2009
Anthony Schoettle
Business owners along the fabled Gasoline Alley north of Rockville Road think a proposal to close a north-south road linking them to the front door of the Indianapolis Motor Speedway will have devastating effects.
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Pitching manufacturing careers a challenge amid slumpRestricted Content

February 2, 2009
Kathleen McLaughlin
The message that Steve Dwyer, recently retired chief operating officer of Rolls-Royce North America, is taking to central Indiana educators is that they still need to train students for careers in manufacturing.
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Airport hotel in limboRestricted Content

February 2, 2009
Anthony Schoettle
The recession, coupled with personnel shifts, have grounded the more than $50-million hotel project adjacent to the new terminal.
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Docs, health insurers battle at StatehouseRestricted Content

February 2, 2009
Katie Maurer
Physicians and insurance companies have entered their fourth year of haggling over insurance payments, and each side is claiming to best represent patients.
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Grant-makers, stung by market crash, favor safety-net causes, discourage new applicantsRestricted Content

February 2, 2009
Kathleen McLaughlin
Some major foundations in central Indiana are narrowing grantmaking criteria so they can funnel their reduced asset streams toward pressing needs brought on by the recession.
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Biotech push may help offset generic competition; some analysts skepticalRestricted Content

February 2, 2009
J.K. Wall
Lilly executives want to make biotech their top focus.
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Indiana continues to have high smoking, obesity rates, and is below average in public health fundingRestricted Content

February 2, 2009
J.K. Wall
Obesity and smoking rates are little changed since Indiana Gov. Mitch Daniels took office in January 2005.
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Battle plan for 11-year-old, veteran-owned company includes adding 100 workers, second Lawrence officeRestricted Content

February 2, 2009
Chris O'Malley
A company founded by military veterans that performs database administration for clients ranging from Fortune 500 companies to the U.S. Department of Defense is adding a second office in Lawrence and plans to hire about 100 more people over the next two years, doubling its staff.
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Foreclosed properties create quandary for financial institutionsRestricted Content

February 2, 2009
Cory Schouten
Real estate holdings of the nonbank-branch variety are growing fast on bank balance sheets.
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Center Township's Drummer stepping down

January 29, 2009
Center Township Trustee Carl Drummer intends to resign from his post to take a lobbying job with Ice Miller LLP, according to a WISH-TV Channel 8 report.
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Union says Navistar foundry closing a surprise

January 28, 2009
Kathleen McLaughlin
United Auto Workers officials are hoping to find a way to keep open the foundry that has been associated with an east-side engine plant for 70 years, despite Navistar International Corp.'s plans to close both facilities by July 31.
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Housing market may have hit bottomRestricted Content

January 26, 2009
Sam Stall
Here's something that passes as good news for central Indiana's moribund housing market: Prices might hold steady this year, after falling nearly 7 percent from their 2006 peak.
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Volatile prices take a toll on gas station ownersRestricted Content

January 26, 2009
Cory Schouten
Last year's record-high fuel prices played a big role in a rash of shuttered gas stations in Indianapolis. The number of gas stations nationwide has slipped from about 200,000 in the 1990s to fewer than 160,000 today. In Indiana, the count has dropped from 3,500 to about 3,000.
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Developers to pitch projects near public housing towersRestricted Content

January 26, 2009
Cory Schouten
The Indianapolis Housing Agency is asking developers to pitch plans to build new residential or commercial space on land surrounding the 21-story John J. Barton Apartments at 555 Massachusetts Ave. and the 15-story Lugar Tower at 901 Fort Wayne Ave.
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Hilbert fears mother-in-law victim of foul play

January 26, 2009
Peter Schnitzler
Indianapolis businessman Steve Hilbert fears foul play in the recent death of his mother-in-law—a suspicion fueled by a new federal lawsuit alleging a woman by the same name was caught up in a $15-million life insurance fraud scheme. Though he acknowledges having no hard evidence, Hilbert said he has asked law enforcement authorities to reopen their investigation into the Sept. 28 death of Germaine "Suzy" Tomlinson, 69, mother of his wife, Tomisue.
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