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News & Analysis
St. Vincent sports practice to fill vacant Clay Terrace big box
May 21, 2013
Tom Harton, Scott OlsonSt. Vincent Sports Performance will occupy a building that's been vacant since the Circuit City chain went out of business
five years ago.
MoreHHGregg earnings sink on declining sales
May 20, 2013
IBJ StaffThe Indianapolis-based retailer saw a big drop in earnings in its latest quarter on decreased sales, lower profit margins
and higher advertising expenses.
MoreSanctions against Penn State were necessary, NCAA tells judge
May 20, 2013
Bloomberg NewsThe National Collegiate Athletic Association’s sanctions against Pennsylvania State University for its role in the Jerry
Sandusky sex-abuse scandal were needed to protect the integrity of intercollegiate sports, a lawyer for the Indianapolis-based
association argued in court Monday.
MoreForecast: Cash to reign in health care
May 20, 2013
J.K. WallWith premiums for health insurance likely to head north next year as President Obama’s health care reform law fully
takes effect, both individuals and employers will pay for more health care out of their own funds and buy less insurance.
MoreEx-councilor Bateman sentenced to 27 months in prison
May 20, 2013
IBJ Staff and Associated PressPaul C. Bateman Jr. had pleaded guilty in January to his part in defrauding an Indianapolis physician of $1.7 million.
MoreLilly study: 1 in 5 Alzheimer's patients misdiagnosed
May 20, 2013
J.K. WallThe study results, which will be released Monday afternoon, are part of Indianapolis-based Lilly’s campaign to get Medicare
to pay for use of its brain imaging agent Amyvid.
MoreDeadline looms for state's Do Not Call list
May 20, 2013
Associated PressSince January, the state attorney general's office said it has received more than 5,000 complaints about telemarketing
calls from live operators or prerecorded messages.
MoreLids acquiring Kentucky sporting goods chain
May 20, 2013
Associated PressThe CEO of a private equity firm that helped fund the Lexington-based Fan Outfitters chain said new regulations imposed by
the Affordable Care Act prompted the group to look at the offer from Lids.
MoreTeamsters chief smacks down local pilots union
May 20, 2013
Kathleen McLaughlinTeamsters President James Hoffa wants to rein in leaders of the pilots union at Indianapolis-based Republic Airways Holdings
Inc.
MoreWork stops on Greenwood pharmaceutical plant
May 20, 2013
IBJ Staff and Associated PressGreenwood officials three years ago approved $8.4 million of incentives for the Elona Biotechnologies project, including the
construction loan.
MoreProposed requirements could sink Muncie-area wind farm
May 19, 2013
A central Indiana official says the tough conditions opponents of a planned wind farm are seeking for the project would leave
little room for the proposed power-generating wind turbines.
MorePurdue makes fast progress on tuition freeze
May 19, 2013
Associated PressThe school is nearly three-fourths of the way to reaching its goal of $40 million in savings or new revenue.
MoreCounties worry about cost of sentencing overhaul
May 18, 2013
Associated PressIndiana counties could be forced to pay some of the costs of a change in the state's criminal code that is designed to keep
low-level offenders out of prison while ensuring the worst serve more of their sentences.
MoreAthenaeum weighs bids for surface lot redevelopment
May 18, 2013
Scott OlsonThree developers are competing to build a mixed-use project likely to include a parking garage on a surface lot adjacent to
the historic Athenaeum building.
MoreMobile health apps could cut into state companies' market share
May 18, 2013
J.K. WallThe future of Indiana’s sprawling health care and life sciences industry might be threatened by an unlikely source:
smartphone apps.
MoreKENNEDY: We the ignorant people
May 18, 2013
Sheila Suess KennedyLike it or not, the United States is a country where, increasingly, people read different books and newspapers, visit different
blogs, watch different television programs, attend different churches and even speak different languages.
MorePINCUS: State needs better life sciences startup ecosystem
May 18, 2013
Jack Pincus / Special to IBJIndiana’s life sciences sector is mostly composed of legacy companies.
MoreFirms ladle trips, car allowances on top of rich pay packages
May 18, 2013
Dan HumanSenior executives at Indiana's public companies last year received, on average, more in perks than the typical Hoosier
earned all year, IBJ found after reviewing Securities and Exchange Commission documents for more than 60 Indiana
companies.
MoreOesterle sells land to Angie's List, reaping millions
May 18, 2013
Chris O'MalleyAngie’s List Inc. CEO Bill Oesterle has collected millions of dollars over the years by renting to the company property
for its campus along East Washington Street. Now, the landlord and chief executive is pocketing millions more by selling Angie’s
the property, at well above its assessed value.
MoreAnimation firm recognized for children's book
May 18, 2013
The youthful animators at The Basement have won the Independent Publisher’s Book Awards’ silver award for their
first children’s e-book, “Every Walrus Can Fly.”
MoreINDOT will build interchange at U.S. 31 and S.R. 28
May 18, 2013
Indiana is upgrading and bypassing congested sections of U.S. 31 near Kokomo, South Bend and Indianapolis. When completed,
the projects are expected to remove 32 stoplights from the route, cutting a half hour off travel time.
MoreCenterfield rounds up $171M for new fund
May 18, 2013
Dan HumanAn Indianapolis private investment firm has raised one of the largest-ever funds in the state. Centerfield Capital Partners
pulled in $171 million that it plans to invest in about 20 companies. Its two previous funds totaled $60 million and $116
million.
MoreWISH-TV rakes in bucks with city's only locally produced lifestyle show
May 18, 2013
Chris O'Malley"Indy Style"--an hour’s worth of TV programming on everything from recipes to music to fitness to screen-door-repair
tips--fills its show with guests who are a combination of invited guests, sponsors and one-time-only advertisers.
MoreGreenwood, Whiteland try to spur, shape growth
May 18, 2013
Kathleen McLaughlinTwo Johnson County communities are determined to capture—and control—the next wave of suburban growth.
MoreUnion looks to settle with workers over right-to-work issue
May 17, 2013
Kathleen McLaughlinA local union charged with violating Indiana’s right-to-work law is hoping to settle with six workers who say their
dues were improperly collected.
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Steak and Shake USED to be a good place to eat, but the now empty parking spaces tell the story of Poor Service, Declining quality of food and just more gimmicks and rear cooking....I used to be a customer, but no more...won't be back...to many other Good Places to eat in INDY...
This man has continued to destroy the Steak and Shake brand. Did he not learn from the sins of owners past. The SNS logo and Brand are strong, I cant understand why he wants to destroy the brand other than to satisfy his big ego.This will turn out to be a big mistake. Sleek new look for a traditional product..makes no logical sense
I mean REALLY!!! What's next taking away the Burger King's crown, turn the golden arches into silver columns? No I know let's get Wendy a pink mohawk.
A couple of thoughts on some of the information presented here from someone with a bit of experience in this area: First, Does anyone remember a time in the past 35 years when insurance premiums DIDN'T increase? They increase every year. The more rigorous rate review requirements of the Affordable Care Act (effective in 2011) have likely caused those increases to moderate as they have averaged below 10% for the past few years, down from much higer averages in prior years. Second, Oregon will operate a state-based Exchange. Recently, they were one of the first states to release their proposed (not yet reviewed by regulators)premium rates -- our first view of Exchange rates. After 2 insurers saw their competitors' rates, they pulled theirs back and re-submitted LOWER rates. In my nearly 10 years as a state insurance regulator, and two years as a federal regulator, I don't ever recall an insurer voluntarily lowering its rates. THAT'S the kind of transparency and competition the online marketplaces (Exchanges) will bring about. 3) ...and this is just a random thought: A big concern among health policy experts is the capacity of the primary care provider community to handle the happy fact that a large number of individuals will be newly-insured under the Affordable Care Act. With the system being stretched so thin for INSURED individuals, It seems highly doubtful that more than a very few "cash-and-carry" physicians will be able to survive in the new, improved healthcare system. Sally McCarty Center on Health Insurance Reform Georgetown University Health Policy Institute
liek the rest of America