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News & Analysis
On-air roster changes afoot at Emmis stations
March 12, 2010
Scott OlsonEmmis Communications Corp. is shuffling several prominent on-air personalities at its Indianapolis radio stations' beginning
Monday.The moves involve Big Joe Staysniak and Steve Simpson of WIBC, Ed Wenck of WLHK and
Dan Dakich of WFNI.
MoreFedEx closely watching key legislation
March 12, 2010
Chris O'MalleyCongress may determine long-term fate of FedEx's Indianapolis cargo hub, where about 4,500 work.
MoreIndiana University Foundation lays off 18 staffers
March 12, 2010
IBJ Staff and Associated PressThe cuts, both in Bloomington and Indianapolis, come as part of an effort to trim $2.4 million from the fund-raising group's
$26 million operational budget.
MoreImpending budget cuts prompt arts funding turf war
March 11, 2010
Kathleen McLaughlinThe staff of the Indiana Arts Commission is proposing to revamp a regional partnership system that it enacted 13 years ago
as a way to fund the arts in all 92 counties of the state.
MoreSimon says new General Growth plan is less uncertain
March 11, 2010
Bloomberg NewsA new plan by mall owner General Growth Properties Inc. to exit bankruptcy resolves some uncertainty rival bidder Simon Property
Group Inc. has criticized, Simon CEO David Simon says.
MoreRepublic hits turbulence with Frontier mechanics
March 11, 2010
Associated PressThe union for mechanics at Frontier Airlines is going to court over Republic Airways Holdings Inc.'s plans to shift their
work to Milwaukee.
MoreArea home sales, prices show increase
March 11, 2010
The housing market could be awakening from its deep sleep, if February home-sale agreement figures are any indication.
MoreFuture of Big Ten tourneys in city unclear after 2012
March 11, 2010
Scott OlsonThe Big Ten men's and women's basketball tournaments will be held in Indianapolis the next two years, but the conference's
future in the city is uncertain after 2012.
MoreFormer Saturn franchise in Fishers enters new orbit
March 11, 2010
Chris O'MalleyAn All Things Automotive franchise is replacing Saturn of Fishers. The concept, aimed particularly at displaced Saturn dealers,
involves used-car sales and service bays stocked by Carquest.
MoreHurco suffers loss as sales plummet
March 11, 2010
IBJ StaffThe Indianapolis-based manufacturer's quarterly revenue fell to $20.6 million, a 27-percent drop from the same period the
year before.
MoreHoosier entrepreneurs make magazine's billionaires list
March 11, 2010
IBJ StaffBill Cook, Dean White, Jim Irsay and Herb Simon have made Forbes magazine’s annual list of the richest people
in the world.
MoreNCAA tournament committee focused on 65, not 96
March 11, 2010
Associated PressThe NCAA is discussing whether to expand the 65-team men's basketball tournament, a topic with no shortage of controversy
and opinions.
MoreLawyers in Simon estate case fight over what should be public
March 10, 2010
Greg Andrews, Cory SchoutenParties disagreed over public disclosure in the first major court hearing in the dispute over how to divide the billionaire's
fortune.
MoreOfficial: Promised rate reduction key in $1.9B city water, sewer deal
March 10, 2010
Chris O'MalleyCost savings from combining three utilities helped give Citizens Energy Group an advantage in the deal to take over Indianapolis'
water and sewer operations, said Michael Huber, the city’s director of enterprise development.
MoreLogistics firm CEVA to lay off 250 workers in Plainfield
March 10, 2010
Jeff NewmanCEVA Logistics U.S. Inc. plans to permanently lay off nearly all of its workers at its warehouse operations in Plainfield,
resulting in the loss of more than 250 jobs.
MoreIndiana's jobless rate holds steady at 9.7 percent
March 10, 2010
Scott OlsonThe state's unemployment rate in January remained unchanged from the seasonally adjusted figure of 9.7 percent Indiana reported
in December.
MoreDelta Faucet cutting 40 more jobs at Greensburg plant
March 10, 2010
The Carmel-based company said its decision to consolidate machining activities at a plant in Tennessee is driven by weak retail
sales and a sluggish housing market.
MoreCitizens Energy to take over city's water, sewer utilities
March 10, 2010
IBJ StaffThe agreement is expected to generate more than $425 million in funding for local infrastructure improvements, and Citizens
has agreed to assume $1.5 billion in debt associated with the utilities.
MoreQ&A
March 10, 2010
J.K. WallJames Jordan's firm, Strategic Data Management, has developed a Web-based portal to help diabetics chart
and manage their blood sugar levels. The firm is now pitching its portal for a fee to doctors, health plans, device manufacturers,
drug firms and others.
MoreChances of health reform passage soar
March 10, 2010
J.K. WallBy pounding health insurers such as WellPoint Inc., President Obama has greatly boosted his chances of success in the eyes
of Wall Street. But to make his health reform bill reality, he might need to answer the less-than-reassuring news coming from
Massachusetts.
MoreITT Educational awards top managers substantial raises
March 10, 2010
Peter SchnitzlerThe Carmel-based for-profit educator paid CEO Kevin M. Modany $7.6 million in total compensation last year, a 63-percent increase
over 2008. And the rest of his management team all enjoyed pay increases of 45 percent or more.
MoreHealth care software firm raises $1.15 million
March 9, 2010
J.K. WallIndianapolis-based PolicyStat LLC raised $1.15 million in angel capital from 31 individuals and Halo Capital Group.
MoreWTHR general manager dies suddenly
March 9, 2010
IBJ StaffJim Tellus, the 47-year-old general manager of local NBC affiliate WTHR-TV Channel 13, died suddenly this week.
MoreIndiana closer to eliminating anti-smoking agency
March 9, 2010
IBJ Staff and Associated PressThe plan approved by the Republican-controlled Senate would transfer the duties of the Tobacco Use Prevention and Cessation
board to the State Department of Health.
MoreCIB turns down Axe deodorant ad for stadium
March 9, 2010
Scott OlsonThe Indianapolis Capital Improvement Board on Monday rejected a request from Axe deodorant to place an advertisement in Lucas
Oil Stadium because the message is too racy for youngsters.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!