News & Analysis

High-end home audio gear will be made in IndianaRestricted Content

March 26, 2011
Kathleen McLaughlin
A team of former Klipsch Group engineers has spent the two years trying to infuse high-end home audio equipment with the all-in-one sophistication of a smartphone.
More

Versus forces IndyCar to kill online streamingRestricted Content

March 26, 2011
Anthony Schoettle
IndyCar's television partner is planning its own online content, but that doesn't satisfy some racing fans.
More

IU Health cancels $73M project, acquires Gateway PlazaRestricted Content

March 26, 2011
J.K. Wall
Indiana University Health has canceled its plans for a $73 million administrative office building at 16th Street and Capitol Avenue and has instead purchased the Gateway Plaza tower at 10th and Illinois streets.
More

Can China maintain pace of economic growth?

March 26, 2011
Greg Andrews
People talk about China’s continued economic growth almost as if it is a foregone conclusion, but not all economists are so sure.
More

Cummins' early start revs growth in China

March 26, 2011
Greg Andrews
Columbus-based engine maker Cummins Inc. has been building business in China for 30 years, long before many U.S. companies had even begun formulating a China strategy.Cummins now employs 8,000 people in China and racked up 2010 sales of $3.1 billion.
More

Demographic shift steers Lilly's Asian operations

March 26, 2011
Greg Andrews
China remains a small market for Eli Lilly and Co. It generated $320 million in sales for the company in 2010, just 1.3 percent of its $23 billion in sales worldwide. But Lilly has big ambitions in China and is racing to capitalize on its rapid economic growth.
More

Maturing Chinese market gives WellPoint new prospects

March 26, 2011
Greg Andrews
Premiums for private health insurers in China are expected to rise to $90 billion by 2020 from $9 billion now, and WellPoint Inc. is angling for a big piece of that pie.
More

City names new golf manager for Eagle Creek

March 25, 2011
Scott Olson
Golf club's former operator defaulted on loan agreement, forcing city officials to make $222,724 in payments and search for another contractor to manage it.
More

Sluggish demand for electric car forces layoffs at Ener1

March 25, 2011
Kathleen McLaughlin
Battery maker Ener1 has laid off about 3 percent of its 770 employees worldwide, partly because of lower-than-expected demand from the Think electric car being assembled in Elkhart. It had about 380 workers in central Indiana.
More

Toning-shoe trend fading, but doesn't trip up Finish Line

March 25, 2011
Cory Schouten
The toning trend in athletic shoes apparently has run its course. Sales of the oddly shaped shoes fell more than 45 percent in the fourth quarter for The Finish Line Inc., but the local retailer still posted improved profit and revenue.
More

State unemployment rate drops to 8.8 percent

March 25, 2011
The February decline marks the first time the state's jobless rate has been below 9 percent since December 2008. Still, the state lost 1,600 private-sector jobs and 6,300 government jobs in February.
More

Brightpoint settles lawsuit with vendor

March 25, 2011
Scott Olson
The distributor of wireless phones agreed to drop its complaint, which accused a Massachusetts software provider of fraud and negligence in addition to breaching its agreement and warranty.
More

Butler University to close 102-year-old dance academy

March 25, 2011
 IBJ Staff
Butler University said Thursday that it plans to close its Jordan Academy of Dance due to economic reasons. The academy, which has more than 200 students, ages 3-17, will shut down May 31.
More

Finish Line reports rise in quarterly earnings, sales

March 25, 2011
Associated Press
The Indianapolis-based retailer earned $34.3 million in its fiscal quarter, compared with $30.6 million a year ago. Revenue rose 2.7 percent, to $384.6 million.
More

No breakthrough in talks to end Indiana House walkout

March 24, 2011
Associated Press
Legislators from both parties threw cold water Thursday on optimism about a breakthrough ending the month-long boycott by Indiana House Democrats.
More

Indiana incomes rose in 2010 despite jobless rate

March 24, 2011
Associated Press
A new federal report shows that Indiana residents' personal income grew last year at one of the fastest rates in the nation.
More

Pentagon issues 90-day stop-work order on GE-Rolls engine

March 24, 2011
Bloomberg News
The U.S. Defense Department on Thursday directed General Electric Co. and Rolls-Royce Group Plc to halt work on a second engine for the F-35 Joint Strike Fighter until there is more explicit direction in the fiscal 2012 budget.
More

UPDATE: City lures new convention chief

March 24, 2011
Chris O'Malley
The Indianapolis Convention & Visitors Association has hired Leonard Hoops, executive vice president for the San Francisco Travel Association, to replace Don Welsh as its new president and CEO.
More

New convention chief impressed with Indianapolis' vision

March 24, 2011
Chris O'Malley
An executive headhunter had been dogging Leonard Hoops for years about various career opportunities around the country. He always dismissed the leads—until recently, when he was told about the CEO vacancy at the Indianapolis Convention and Visitors Association.
More

Luna Music closes Mass Ave. store

March 24, 2011
Scott Olson
Closure leaves locally owned independent record shop with one location, in Meridian Kessler, as the industry struggles to compete with digital downloading.
More

Indiana bill enhances rural areas for young entrepreneurs

March 24, 2011
Scott Olson
A bill signed by Gov. Mitch Daniels will create a type of auction among rural communities for young entrepreneurs graduating from some universities in the state.
More

LEADING QUESTIONS: Startup a study in quick growth

March 23, 2011
Mason King
LQ_Bohlsen_Watch_videoVicki Bohlsen explains how her solo PR firm with $25,000 in seed money grew to 14 employees with $780,000 in revenue in one year.
More

Smoking bill needs exemptions to survive Senate

March 23, 2011
Associated Press
Health advocates will have to live with wide exemptions in a proposed statewide smoking ban because a stricter, more comprehensive ban wouldn't be able to pass the conservative Senate, the head of a Senate committee said.
More

Indiana House leaders meet over Democratic boycott

March 23, 2011
Associated Press
The leader of the boycotting Indiana House Democrats returned to the Statehouse on Wednesday for what he called a "very positive" meeting with Republican House Speaker Brian Bosma.
More

Colts-themed restaurant in works in betting parlor space

March 23, 2011
 IBJ Staff
A South Florida restaurateur has plans to open a Indianapolis Colts-themed restaurant in Claypool Court, a retail and hotel center near Circle Centre mall downtown.
More
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. From the story: "The city of Indianapolis also will consider tax incentives and funding for infrastructure required for the project, according to IEDC." Why would the City need to consider additional tax incentives when Lowe's has already bought the land and reached an agreement with IEDC to bring the jobs? What that tells me is that the City has already pledged the incentives, unofficially, and they just haven't had time to push it through the MDC yet. Either way, subsidizing $10/hour jobs is going to do nothing toward furthering the Mayor's stated goal of attracting middle and upper-middle class residents to Marion County.

  2. Ron Spencer and the entire staff of Theater on the Square embraced IndyFringe when it came to Mass Ave in 2005. TOTS was not only a venue but Ron and his friends created, presented and appeared in shows which embraced the 'spirit of the fringe'. He's weathered all the storms and kept smiling ... bon voyage and thank you.

  3. Not sure how many sushi restaurants are enough, but there are three that I know of in various parts of downtown proper and all are pretty good.

  4. First off, it's "moron," not "moran." 2nd, YOU don't get to vote on someone else's rights and freedoms that are guaranteed by the US Constitution. That's why this is not a state's rights issue...putting something like this to vote by, well, people like you who are quite clearly intellectually challenged isn't necessary since the 14th amendment has already decided the issue. Which is why Indiana's effort is a wasted one and a waste of money...and will be overturned just like this has in every other state.

  5. Rick, how does granting theright to marry to people choosing to marry same-sex partners harm the lives of those who choose not to? I cannot for the life of me see any harm to people who choose not to marry someone of the same sex. We understand your choice to take the parts of the bible literally in your life. That is fine but why force your religious beliefs on others? I'm hoping the judges do the right thing and declare the ban unconstitutional so all citizens of Wisconsin and Indiana have the same marriage rights and that those who chose someone of the same sex do not have less rights than others.

ADVERTISEMENT