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News & Analysis
State funding cuts a setback for public stations
February 19, 2010
Scott OlsonThe state's eight public television and radio stations, including WFYI in Indianapolis, will not receive their final two
installments of public funding for fiscal 2010 because of Indiana's budget crisis.
MoreTeva gets European OK to sell generic of Lilly's Evista
February 19, 2010
Bloomberg NewsEvista generated $1.03 billion in sales last year, of which $348.1 million came outside the United States.
MoreBlackstone may join Simon's bid for General Growth
February 19, 2010
Bloomberg NewsBlackstone Group LP, the world's largest private-equity firm, may join Simon Property Group Inc.'s bid to buy bankrupt
General Growth Properties Inc., according to two people with knowledge of the discussions.
MoreIndianapolis to demonstate plug-in electric vehicles
February 18, 2010
Chris O'Malley
City will be among first to conduct demonstration of several plug-in electric vehicles prior to their market
launch next year.
J.D. Power ranks Indianapolis airport best
February 18, 2010
A survey by J.D. Power and Associates has Indianapolis International Airport tops among 64 major airports in the country when
it comes to overall passenger satisfaction.
MoreKite Realty reports quarterly profit, annual loss
February 18, 2010
Scott OlsonIndianapolis-based developer Kite Realty Group Trust turned a small profit in the fourth quarter, but reported a loss in 2009
amid difficult commercial real estate conditions.
MoreFoes keep up 31-year fight over central Indiana landfill
February 18, 2010
IBJ Staff and Associated PressA developer who has been trying for 31 years to build a central Indiana landfill says he's ready to start construction after
receiving a state permit.
MoreVortek Surgical moving HQ to Brownsburg, adding 60 jobs
February 18, 2010
IBJ StaffIndianapolis-based Vortek Surgical LLC will relocate to Brownsburg, expanding its headquarters, manufacturing and distribution
operations and creating more than 60 jobs in the next three years.
MoreWellPoint rate hikes spark protest in Indianapolis
February 18, 2010
J.K. WallCongressman Andre Carson will make remarks Thursday during a public chastising of Indianapolis-based health insurer for 21-percent
rate
hike on individuals.
MoreHouse panel OKs delay in unemployment tax hike
February 17, 2010
Associated PressAn Indiana House committee endorsed legislation Wednesday that would delay for one year increases in taxes that employers
pay into the state's bankrupt unemployment insurance fund.
MoreMays named to Indiana Utility Regulatory Commission
February 17, 2010
Associated PressGov. Mitch Daniels has appointed former Democratic state Rep. Carolene Mays of Indianapolis to the Indiana Utility Regulatory
Commission.
MoreWellPoint, insurance commissioner get earful from lawmakers
February 17, 2010
J.K. WallState House insurance committee chair grills executives about WellPoint's 21-percent premium increase for individual policyholders
in Indiana.
MoreCultural Trail snags $20.5 million stimulus boost
February 17, 2010
Scott OlsonThe funds will be used for construction on the remaining 4.5 miles of the $62.5 million project, officials announced Wednesday.
MoreBioanalytical Systems reports quarterly loss
February 17, 2010
Bioanalytical Systems Inc., a West Lafayette-based life sciences contract research firm, on Wednesday reported a loss of $1.4
million for its fiscal first quarter.
MoreIndiana part of national medical school surge
February 17, 2010
J.K. WallMarian University's planned medical school is one of two dozen nationally, but budget cuts are forcing Indiana University
to retreat
on enrollment expansion.
MoreWellPoint hits bottom with customers
February 17, 2010
J.K. WallEven before WellPoint dissatisfied President Obama over its rate increases in California, it wasn't doing so hot satisfying
its actual customers, according to the American Customer Satisfaction Index.
MoreCarmel software consultant acquires Ohio firm
February 17, 2010
Carmel-based Blue Horseshoe has purchased TransTech Consulting Inc., a management consulting firm in Columbus, Ohio.
MoreCalumet's quarterly profit shrinks on higher oil prices
February 17, 2010
Indianapolis-based Calumet Specialty Products reported a profit of $8.2 million in the fourth quarter, a 56-percent decrease
from the same period a year ago.
MoreGeneral Growth snubs initial offer from rival Simon
February 17, 2010
Cory SchoutenSimon Property Group Inc. will have to wait in line with other potential bidders and raise its offer if it wants to land bankrupt
rival General Growth Properties Inc., the Chicago-based company said in a letter late Tuesday.
MoreEarthbound RV plans Marion plant, 300 jobs by 2013
February 17, 2010
IBJ StaffA startup firm that makes fuel-efficient recreational vehicles plans to locate its manufacturing operation in Marion, state
officials announced Tuesday night, creating as many as 300 jobs by 2013.
MoreState lawmakers to probe WellPoint premium hikes
February 17, 2010
J.K. WallThree WellPoint executives will be on hand Wednesday morning to answer questions about premium increases on its individual
policies, which have risen as high as 39 percent this year.
MoreAirport ready to embark on redevelopment plan
February 17, 2010
Scott OlsonIndianapolis Airport Authority CEO John Clark revealed Tuesday evening that he is ready to proceed with a plan that could
transform the former terminal site into a hub for urban development.
MorePfizer's Viagra patent partially rejected in Lilly fight
February 16, 2010
Bloomberg NewsThe patent on impotence drug Viagra was partially rejected after the U.S. Patent and Trademark Office said it wasn't different
enough from a Chinese herb known as Horny Goat Weed. The patent was key to an infringement suit Pfizer filed in 2002 against
Eli Lilly and Co. over its rival Cialis drug.
MoreNo Democrat meets Indiana deadline for Senate seat
February 16, 2010
Associated PressThe only Democrat seeking to run for the Senate seat being vacated by Sen. Evan Bayh has missed out on qualifying for Indiana's
May primary ballot.
MorePurdue to get $12M to help small health providers
February 16, 2010
IBJ StaffStimulus funds will help university's technical assistance service show doctors and nurses in small groups and in medically
under-served areas how to adopt medical-records technologies.
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You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.
For those who let this information strike a nerve, remember that this is still the America that allows the freedom to achieve dreams and goals. Should you really chastise those who are given a perk on a deal that is supported by the consumer (that is until they don't like the deal anymore due to envy) or should the dream of rewards for working be looked at a little closer? I say lets stick to the deal, go to work,earn our keep, shoot for dreams, change our jobs to have that dream or shut up about others achievements ..............while we are still afforded this liberty of America !
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.