News & Analysis

Indiana life sciences leaders look toward the futureRestricted Content

July 30, 2011
Chris O'Malley
Former Eli Lilly and Co. vice president Richard Dimarchi, BioCrossroads President David Johnson, angel investor Oscar Moralez and Purdue University Senior Vice President Alan Rebar discuss issues ranging from the depth of the life sciences industry in Indiana to venture capital and Purdue's Discovery Park.
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Youth agencies adapting on the fly to new school calendarRestricted Content

July 30, 2011
Kathleen McLaughlin
The Indianapolis Public Schools board voted in November to adopt a calendar that shortens summer vacation and introduces longer fall and spring breaks. The idea is to give kids less time to forget what they’ve learned and provide more opportunities to catch up.
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Indy Met's messy year offers education-reform lessonsRestricted Content

July 30, 2011
Francesca Jarosz, J.K. Wall
Indianapolis Metropolitan High School overhauled its academic program halfway through the school year, and students responded with significantly better performance on state tests. The lesson learned: Flexibility can produce academically superior outcomes.
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Chinese firm aims to hire thousands at Indiana facilityRestricted Content

July 30, 2011
Kathleen McLaughlin
A Chinese entrepreneur intends to open his first U.S. tire-recycling facility in Indiana. Good Time Technology Development is considering vacant industrial sites in Connersville, Kokomo and Muncie.
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Bill Mays to retire from Mays ChemicalRestricted Content

July 30, 2011
J.K. Wall
The most successful black businessman in Indiana plans to retire from the company that bears his name at year-end as part of a transition that ultimately will put his daughter at the helm.
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Eli Lilly's Elanco unit blossoming at just the right timeRestricted Content

July 30, 2011
Greg Andrews
An investment firm projects that the Elanco animal-health business will generate sales of nearly $2 billion by 2012 and surpass $3 billion by 2018.
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Charter school trying to build on test-score progressRestricted Content

July 30, 2011
Francesca Jarosz, J.K. Wall
Indy Met's structured approach helped more students pass algebra, English exams. Now many say the school should work on solidifying its gains.
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Libman resigns from Carmel arts center

July 29, 2011
Kathleen McLaughlin
Steven Libman, CEO of the Center for the Performing Arts in Carmel, resigned late Friday afternoon—less than three months after his contract was extended through 2016.
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Lilly wins appeals court ruling in Strattera patent case

July 29, 2011
Bloomberg News
The U.S. Court of Appeals for the Federal Circuit in Washington, D.C., overturned Friday a judge’s decision that Lilly’s patent on attention-deficit treatment Strattera was invalid.
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Senior housing project replacing retail center

July 29, 2011
Cory Schouten
A run-down former retail plaza along Lafayette Road south of 30th Street will be torn down to make way for a senior housing development.
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Critics knock school superintendent pay-cap idea

July 29, 2011
Associated Press
The suggestion that Indiana lawmakers impose a limit on the pay for school district superintendents doesn't seem to have much support.
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Woman sentenced for illegal immigration service

July 29, 2011
Michael W. Hoskins
M. Esther Barber, who is not an attorney, advertised herself to the Spanish-speaking community as a “notario” who can assist with immigration legal issues.
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Efroymson hands off leadership at iMOCA

July 29, 2011
Kathleen McLaughlin
The founder of the museum of contemporary art, who has worked for the organization unpaid since 2009, presided over a move that doubled its size.
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Duke ignored water issue at Indiana plant, consultant says

July 29, 2011
Chris O'Malley
Utility officials waited seven months to act on hazardous water concerns during construction of its costly Edwardsport plant and banked on winning an exemption, which the EPA later denied.
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Economy growing at slowest pace since recession

July 29, 2011
Associated Press
The economy expanded at a meager 1.3-percent annual rate in the spring after scarcely growing at all in the first three months of the year, the Commerce Department said Friday. The combined growth for the first six months of the year was the weakest since the recession ended two years ago.
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Dry streak becoming worrisome for Indiana farmers

July 29, 2011
Associated Press
Central Indiana is on pace for perhaps its driest July on record, with the state's eastern half already in low-level drought conditions.
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INSIDE DISH: 'Edibles' team returns with moveable feast

July 29, 2011
Mason King
Dish_Duos_WatchVideoBecky Hostetter and her husband, David, are applying lessons learned from the implosion of Essential Edibles to their new health-conscious food trailer, Duos.
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Police, health department busted by state environmental cops

July 29, 2011
 IBJ Staff
The Indiana Department of Environmental Management says an inspection of the State of Indiana Forensic and Health Sciences Lab found open jugs of hazardous materials during an inspection.
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Northeastern Indiana auto parts maker laying off 175

July 29, 2011
Ficosa North America will sideline workers beginning in September as the company consolidates mirror production and prepares the plant to make other products.
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Democrats appeal Indiana elections chief decision

July 29, 2011
Associated Press
Indiana Democrats on Thursday appealed a decision allowing embattled Republican Secretary of State Charlie White to stay in office while he fights voter fraud charges.
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Experts tell state panel marijuana prohibition has failed

July 28, 2011
Associated Press
A state panel heard from a parade of experts Thursday as it began studying whether to legalize marijuana in Indiana or reduce criminal penalties on small amounts of the drug.
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Dynasty trusts let wealthy escape estate, gift taxes forever

July 28, 2011
Bloomberg News
Carmel financial executive among those who plan to shield millions of dollars in a dynasty trust, so it can be passed on to multiple generations of descendants while paying as little in taxes as possible.
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Lenders attempting to foreclose on Broadbent headquarters

July 28, 2011
Scott Olson
Huntington National Bank and PNC Bank claim they are owed roughly $25 million on loans related to Broadbent Co.'s purchase and renovation of a building on East Washington Street downtown.
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Indiana tourism effort honors famed course designer Dye

July 28, 2011
Scott Olson
The Pete Dye Golf Trail includes seven public courses chosen by Dye: Brickyard Crossing, The Fort Golf Resort, Maple Creek Golf & Country Club, Plum Creek Golf Club, Mystic Hills Golf Club, Kampen Course and the Pete Dye Course at French Lick.
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St. Vincent plans 200 jobs for Fishers expansion

July 28, 2011
The hospital system said it will expand its Medical Center Northeast facility to a 40-bed inpatient hospital. Construction is set to begin in September and should be completed by December 2012.
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