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News & Analysis
Calumet'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.
MoreWestfield lumber company part of acquisition
February 16, 2010
Hall & House Lumber Co. in Westfield will become part of one of the largest distributors of lumber and building materials
in the nation, once the purchase of its parent is completed next month.
MoreMeetings start public discussion of regional transit plan
February 16, 2010
Indy Connect will hold its first public forum Tuesday evening to begin the process of gathering public input on a regional
transportation plan that proposes raising taxes to build a light-rail line, improve bus service and expand roadways.
MoreSimon making $10B bet on future of malls
February 16, 2010
Cory SchoutenWall Street today is cheering Simon Property Group Inc.'s giant bet on the future of retail real estate, a sector that
appeared left for dead just months ago. The nation's largest mall owner has offered $10 billion to take over its
nearest rival, Chicago-based General Growth Properties Inc., which is in bankruptcy.
MoreWellPoint delays investor meeting to testify on rate flap
February 16, 2010
Bloomberg NewsThe Indianapolis-based insurer, preparing for Congressional testimony on proposed premium increases in California, says its
earnings forecast is now less clear.
MoreSimon offers $10 billion for General Growth
February 16, 2010
IBJ Staff and Associated PressDeal to acquire competitor would be largest ever for Simon Property Group, already the nation's largest mall operator.
MoreUPDATE: Bayh will consider private sector, university post
February 15, 2010
IBJ Staff and Associated PressTired of partisan politics, Sen. Evan Bayh told a standing-room-only crowd at an Indianapolis news conference Monday afternoon
that he will
eschew reelection and wants to "serve society in another way."
MoreLocal marketing firm inks deal with Jeff Gordon
February 15, 2010
Anthony SchoettleJust Marketing International signs NASCAR star Jeff Gordon to a contract sports business experts say is a multimillion dollar
deal for the local firm.
MoreWintry weather testing work snow-day policies
February 15, 2010
Scott OlsonCoping with wintery blasts is made easier by advancements in work-from-home technology. But different kinds of companies have
different policies when it comes to giving employees the option to telecommute or blow off the workday altogether.
MoreFed up with Congress, Bayh will not run for third term
February 15, 2010
IBJ Staff and Associated PressU.S. Sen. Evan Bayh has a news conference scheduled for 2 p.m. at IUPUI's
University
Place Conference Center and Hotel, where he will announce that he won't run for re-election. "I do not love
Congress," he said in a prepared statement.
MoreIvy Tech, IPIC snare $10M in job-training grants
February 15, 2010
IBJ StaffPrograms will bolster job opportunities for some 1,700 Indiana workers in sectors including health care and advanced manufacturing.
MoreGambling to remain an issue in General Assembly
February 13, 2010
Associated PressIssue likely to land in House, Senate conference committee.
MoreBanks suing Broadbent, pushing one strip center into bankruptcy
February 13, 2010
Peter SchnitzlerLocally based Broadbent Co.’s legal battles with lenders have escalated, pushing one of its 34 strip malls into bankruptcy
and prompting Huntington National Bank and PNC Bank to sue to collect principal owed on loans tied to four more.
MoreLocal convention activity warming up during winter months
February 13, 2010
Anthony SchoettleOnce considered a destination only eight months of the year, Indianapolis—with its compact downtown and indoor walkways—is
emerging as a convention powerhouse even during cold weather.
MoreClarian, IU plan $100 million neurosciences center
February 13, 2010
J.K. WallClarian Health and the Indiana University School of Medicine want their planned neurosciences hub to become a destination
for patients suffering
from brain, nerve and mental maladies—and for the government and industry research dollars that can
fuel advances in care.
MoreCensus expected to show Hamilton County tops in coveted demographics
February 13, 2010
Kathleen McLaughlinHamilton County is poised to become the demographic all-star of the decade. Its 269,785 residents make up the fastest-growing,
most educated and wealthiest county in the state, according to estimates from the Indiana Business Research Center.
MoreRepublic stock falls following departure of Frontier exec
February 13, 2010
Chris O'MalleyCEO Bryan Bedford remains at the helm, but shares of Republic Airways have fallen nearly 30 percent following the departure
of an executive deemed key to the operation
of the regional airline’s first two branded carriers, Frontier Airlines and Midwest Airlines.
MoreICVA chief: Downtown Indianapolis will need another big hotel
February 13, 2010
Scott OlsonThe 1,000-room J.W. Marriott isn’t even finished and support already is emerging for a second downtown hotel that
would rival it in size.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.