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News & Analysis
UPDATE: Steak n Shake confirms new corporate HQ
February 9, 2010
Cory SchoutenThe Steak n Shake Co. updated its Web site this week to reflect a new corporate headquarters address in San Antonio, confirming
a story in IBJ's Feb. 8 print edition.
MoreOwners, developers see silver lining in health care real estate
February 9, 2010
Tom HartonHealth care real estate has survived the nation’s weak economy better than most sectors, and some owners and developers
think it’s positioned to thrive.
MoreShareholders in bankrupt Accuride pursuing loan
February 9, 2010
Bloomberg NewsAccuride shareholders are trying to arrange a $400 million loan to fund the Evansville company’s exit from bankruptcy.
MoreWellPoint CFO says insurance 'mega-mergers' unlikely
February 9, 2010
Bloomberg NewsWellPoint Inc. chief financial officer Wayne DeVeydt said President Obama's Federal Trade Commission is unlikely to approve
mergers among the biggest insurers.
MoreLilly awards pay increases to top executives
February 8, 2010
Peter Schnitzler, J.K. WallEli Lilly and Co. CEO John Lechleiter's total compensation increased $4.1 million in 2009.
MoreSuper Bowl most-watched TV show ever
February 8, 2010
Associated PressThe Super Bowl was watched by more than 106 million people, surpassing the 1983 finale of "M*A*S*H" to become the most-watched
program in television history.
MoreConcern for 2012 Super Bowl intensifies
February 8, 2010
Anthony SchoettleLabor meetings in Miami over the weekend did little to dispel speculation that the souring relationship between NFL players
and owners could jeopardize the 2012 Super Bowl at Lucas Oil Stadium.
MoreFair Finance investors force company into bankruptcy
February 8, 2010
Greg AndrewsInvestors in Tim Durham’s Fair Finance Co. shoved the company into bankruptcy court Monday morning, a move intended
to reduce the risk assets will disappear while securities fraud probes continue.
MoreColts face decisions on ticket prices, marketing plan
February 8, 2010
Anthony SchoettleThere's no rest for the Indianapolis Colts front office. This week, the teams' sales and marketing teams will formulate an
off-season plan and finalize ticket prices for next season.
MoreSnowstorm likely to create another rush hour mess
February 8, 2010
Associated PressJust days after Friday's heavy snowfall blanketed much of the state, the National Weather Service has issued a winter storm
watch from late Monday night through early Wednesday for all of Indiana.
MoreCardinal Health laying off 49 at local warehouse
February 8, 2010
IBJ StaffCardinal Health notified the state on Feb. 3 that it laid off 37 workers at the end of January and plans to lay off 12 more
effective April 3.
MoreCalumet Specialty investigating cause of Louisiana explosion
February 8, 2010
Bloomberg NewsIndianapolis-based Calumet Specialty Products Partners LP is investigating the cause of a Friday blast at its refinery in
Shreveport, La., that damaged some nearby properties.
MoreSuper bummer: Indy plant churns out Saints T-shirts
February 8, 2010
Mason King
The Colts' Super Bowl loss saddened employees at a local plant that makes NFL gear, but the Saints'
win will give the bottom line a bigger boost.
City program gives firms incentive to hire ex-offenders
February 6, 2010
Peter SchnitzlerA pilot project is providing jobs for 70 ex-convicts, with their $10-an-hour wages covered
by Uncle Sam for six months. City officials hope they can then transition into other jobs or receive recommendations that
help them to find other work.
MoreWellPoint: More employers involved in provider talks
February 6, 2010
J.K. WallEmployer activism is on the rise when it comes to keeping hospitals honest in their negotiations with health insurers.
Executives at Indianapolis-based WellPoint say more employers are airing their displeasure when hospital
systems ask for double-digit reimbursement increases.
MoreCovered bridge project draws special attention
February 6, 2010
Norm Heikens
A plethora of experts like
Dan Collom are restoring the Moscow bridge, built in 1886 and destroyed by a tornado in 2008.
Steak n Shake changing its name, moving HQ to Texas
February 6, 2010
Cory SchoutenIndianapolis is on the verge of losing one of its most prominent public companies. The Steak n Shake Co. is planning to
change its name to Biglari Holdings Inc. and move its headquarters to San Antonio. The Steak n Shake restaurant chain would
retain a presence in Indianapolis.
MoreLaw firm adds historic home to campus
February 6, 2010
Scott OlsonPlews Shadley Racher & Braun has finished a careful restoration of the Eden-Talbott House, continuing a strategy of shunning
glass and steel.
MoreVideo firm Bennett Innovations reaches 25 years
February 6, 2010
Kathleen McLaughlinThe seven-person production house led by Bruce White counts IUPUI and Rolls-Royce North America among its clients.
MoreGovernment reform, unemployment taxes chug through Legislature
February 6, 2010
Kathleen McLaughlinKey measures cleared their chambers of origin by the Feb. 3 deadline.
Scale Computing succeeds quickly after co-founder moves it to Indiana
February 6, 2010
Chris O'MalleyNot even a year has passed since Scale Computing launched its first product, yet CEO Jeff Ready forecasts 2010 revenue
with the confidence of a meteorologist giving the three-day outlook.
MoreEnvironmental causes keep ex-bank chief McKinney busy
February 6, 2010
Chris O'MalleyMost know him as a retired captain of industry—of banking, as chairman of First Indiana Corp., and law, as co-founder
of Bose McKinney & Evans. Few know that Robert H. McKinney started out planning to become a national park guide.
MoreShelbyville tech park keeps tax incentives
February 5, 2010
Kathleen McLaughlinState officials are giving Shelbyville's struggling Intelliplex business park another chance to use tax incentives to land
new companies
and high-paying jobs.
MoreUPDATE: Simon shares climb after profit beats estimates
February 5, 2010
Bloomberg NewsThe company raised its average rent per square foot at both regional malls and outlet centers even as U.S. consumer spending
flagged.
MoreBusinesses walk fine line when supporting Colts
February 5, 2010
Scott OlsonAs Super Bowl approaches, companies unaffiliated with the Colts avoid becoming victims of the NFL's strict trademark-enforcement
policies by supporting the team in generic fashion.
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Ameriana Bank took over Westfield Farmers Market for 2013 and it is held in their parking lot, corner of 32 and Carey road, 5 to 8. I am selling soap and candles there. great market!
B&T certainly has enough of our taxpayer dollars to do this thanks to Mayor Ballard. Given the firm's exceedingly poor reputation in the legal community, the basement would seem a better option.
Should read MAY hire 20 people.
Not a good location for a 300,000 home. 10th Street fumes, buses, noise. Max for this location 150,000.
The state constitution also does not say that the majority has a right to quorum, nor that the minority is required to allow them quorum. In fact, denial of quorum has been a parliamentary maneuver since the establishment of the first parliaments in the early 1600s. The right to deny quorum (and the requirement fore quorum) are to prevent exactly what happened in Indiana: A tyrannical majority pushing through odious, objectionable legislation. Denial of quorum is totally legitimate, and lest we forget, a tactic the GOP has employed many, many times to ensure their issues weren't given short shrift. By allowing the majority to impose "fines" on the minority for exercising the authority the constitution grants them (to deny quorum,) they are violating the constitution.