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News & Analysis
St. Vincent Health plans job cuts, but mum on numbers
May 23, 2013
J.K. WallSt. Vincent Health will lay off an unspecified number of employees across its 22-hospital network by June 30 in a cost-saving
move. The hospital blamed the job losses on Obamacare, cuts to Medicare reimbursement, and lower-than-expected volumes of
patient procedures.
MoreDenver-based firm laps up BlueMile running chain
May 23, 2013
Anthony SchoettleBlueMile, a local six-store running specialty chain, has been acquired by a group that includes Indianapolis-based sports
goliath The Finish Line Inc. The deal is expected to speed BlueMile's expansion.
MoreIvey stepping down as leader of Pulliam trust
May 23, 2013
IBJ StaffHarriet Ivey, president and CEO of the Nina Mason Pulliam Charitable Trust since its founding more than 15 years ago, plans
to retire early next year, the trust announced Thursday.
MoreCity to award towing contract to California firm
May 23, 2013
Kathleen McLaughlinIndianapolis will choose a San Francisco-based company to oversee city-ordered towing under a contract expected to be authorized
Thursday afternoon.
MoreWaste-management firm hit with environmental fines
May 23, 2013
Dan HumanSome of the violations cited by the state are related to poor handling of hazardous materials at the Heritage-Crystal Clean
Inc. facility in Speedway.
MoreU.S. unemployment aid applications show decline
May 23, 2013
Associated PressJobless claims are showing gradual improvement, but for hiring to strengthen enough to lower the unemployment rate to a more
normal level, companies must gain more confidence in the economy.
MoreCeladon acquires Canadian trucking company
May 23, 2013
IBJ StaffHyndman Transport Limited, based in Wroxeter, Ontario, operates about 175 tractors and brought in roughly $48 million in revenue
in 2012.
MoreFort Wayne schools want 3rd party to review ISTEP
May 22, 2013
Associated PressIndiana's largest school district says it won't accept results of this year's standardized testing until an independent
third party validates the scores.
MoreMayor suspends land bank after indictments
May 22, 2013
Associated PressIndianapolis Mayor Greg Ballard on Wednesday sidelined a city program that sells vacant and tax-delinquent properties, one
day after federal prosecutors indicted two of its top officials for allegedly accepting bribes and kickbacks.
MoreThree former executives sue Carbon Motors over pay
May 22, 2013
Associated PressExecutive vice presidents of a company that planned to build high-tech police cars at an eastern Indiana factory are seeking
more than $600,000 in deferred wages.
MoreIndiana presses ahead with I-69's next section
May 22, 2013
Associated PressThe company that will build the 21-mile Bloomington-to-Martinsville segment by upgrading existing State Road 37 will sign
a public-private deal under which it will arrange its own financing to design and build that stretch.
MorePittman pitches $90M mixed-use project for Zionsville
May 22, 2013
Andrea Muirragui DavisOne of the highest-profile tracts of undeveloped land in Zionsville could be transformed into a commercial and residential
hub if Pittman Partners' 62-acre project gets the town’s blessing.
MorePolaris plans $4.7 million laboratory expansion
May 22, 2013
IBJ StaffPolaris Laboratories LLC, an Indianapolis-based company that analyzes oil, fuel and coolants, said it plans a $4.7 million
local expansion that will add up to 25 employees by 2016.
MoreKennedy partners with Olympic runner to buy shoe chain
May 22, 2013
Anthony SchoettleIndiana running icon Bob Kennedy believes Movin Shoes Inc. has great potential for growth. Its California location doesn't
violate Kennedy's non-compete agreement with Indiana's BlueMile chain.
MoreStonegate raises $115M to fund jumbo mortgage expansion
May 22, 2013
Bloomberg NewsThe fast-growing Indianapolis-based firm will use the funds to fuel originations of loans not intended for government-backed
programs, as well as to build its portfolio of servicing contracts, CEO Jim Cutillo said.
MoreEPA seeks to add Keystone property to Superfund list
May 22, 2013
IBJ Staff and Associated PressThe U.S. Environmental Protection Agency on Tuesday proposed adding three sites in Indiana—including one in Indianapolis—to
its highest priority cleanup list for hazardous waste sites.
MoreLilly Endowment's $3.4M grant to bring more teachers to Indy
May 22, 2013
Mason KingIndianapolis-based education reform group The Mind Trust will use the grant to help support teacher recruitment and training
programs such as Teach for America.
MoreIndiana ambulance plant with 165 workers closing
May 22, 2013
Associated PressThe decision to close the Elkhart factory comes two weeks after Allied Specialty Vehicles bought SJC Industries. Production
will be moved to a Florida factory in the coming months.
MoreESPN counting on story lines to sell Indy 500
May 21, 2013
Associated PressThere is no shortage of compelling story lines accompanying Sunday's race, leaving television executives feeling confident
about another bump in viewership this year.
MoreIndiana BMV says it may have overcharged for licenses
May 21, 2013
Associated PressThe Bureau of Motor Vehicles made the acknowledgement in a response to a class-action lawsuit that alleges Indiana collected
up to $30 million more than it should have by charging drivers more for licenses than allowed by law.
MoreFeds used wire tap, undercover agent in Land Bank probe
May 21, 2013
Cory SchoutenA federal public-corruption task force used a wire tap and an undercover FBI agent to unravel a fraud scheme authorities say
was orchestrated by two city employees and three co-conspirators.
MoreFox59 lands news director from Grand Rapids
May 21, 2013
IBJ StaffKerri Cavanaugh will replace Lee Rosenthal, who oversaw a major expansion of Fox59's news programming.
MoreFeds charge 5 in Indy Land Bank kickback scheme
May 21, 2013
Cory SchoutenFederal prosecutors have charged two city employees in the Department of Metropolitan Development and three others in a scheme
involving cash kickbacks on the sale of properties in the Indy Land Bank.
MoreDonors help after girl's stand shut down at track
May 21, 2013
Associated PressMorgen Morris said she had a line of customers during Saturday's Indy 500 qualifications day when a Indianapolis Motor
Speedway employee told her she had to shut down her lemonade stand.
MoreBeleaguered former IU-Kokomo chancellor lands new job
May 21, 2013
IBJ StaffMichael Harris, who resigned from IU-Kokomo on Sept. 19, claimed he was the victim of a smear campaign by school administrators.
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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.