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News & Analysis
Health reform prods partnership of St. Vincent, OrthoIndy
November 13, 2009
J.K. WallThe specter of declining reimbursement, as well as the desire for statewide growth, lie behind St. Vincent Health's decision
to form a physician management firm with OrthoIndy and buy a minority stake in its Indiana Orthopaedic Hospital.
MoreRolls-Royce scores $11M military helicopter contract
November 13, 2009
IBJ StaffThe good news continues for Rolls-Royce Corp.'s Indianapolis operations, which this week received an $11.1 million contract
to make gas turbine engines for the Army's OH-58D Kiowa reconnaissance helicopters.
MoreSt. Vincent, OrthoIndy form partnership
November 13, 2009
IBJ StaffSt. Vincent Health has acquired a minority interest in Indiana Orthopaedic Hospital and is in discussions with OrthoIndy physicians
and other independent doctors to create a management company that would oversee orthopaedic and spine services at St. Vincent
Indianapolis. The health care providers announced the deal early Friday.
MoreRokita says GOP redistricting plan not enough
November 13, 2009
Associated PressIndiana Secretary of State Todd Rokita is pleased that state Senate Republicans have proposed changes to the way legislative
districts are drawn, but he says they don't go far enough.
MoreBarnes & Thornburg enters top 100 on list of largest law firms
November 13, 2009
Scott OlsonA spate of office openings and an acquisition have helped catapult Barnes & Thornburg LLP into the upper echelon of the nation's
largest law firms, at a time when the slumbering economy has forced most big firms to cut staff.
MoreIndiana near top in smoking survey; national rate rises
November 13, 2009
IBJ Staff and Associated PressA survey found cigarette smoking rose slightly on a national basis for the first time in almost 15 years and that Indiana
had the second highest smoking rate among states.
MoreSpeedway cuts 40 employees in latest cost-saving move
November 12, 2009
Scott OlsonA source at Indianapolis Motor Speedway said IMS laid off 40 employees Wednesday, mostly from its human resources department,
in a cost-saving move.
MoreICVA: Ad campaign helps draw more visitors to region
November 12, 2009
Scott OlsonA summer advertising campaign launched by the Indianapolis Convention & Visitors Association helped produce more visitors
and dollars for central Indiana, even though the organization spent less this year marketing the region.
MoreNational, state foreclosure filings fall
November 12, 2009
IBJ Staff and Associated PressIndiana foreclosure filings were down only 1.5 percent in October from the previous month, but have fallen a whopping 18.5
percent from October 2008.
MoreHill-Rom's fourth quarter profit exceeds expectations
November 12, 2009
IBJ StaffThe Batesville-based maker of hospital equipment reported profit of $26.4 million, or 42 cents per share, in the period ended
Sept. 30.
MoreVera Bradley gives another $10M to IU cancer center
November 12, 2009
IBJ StaffPrevious gifts from the foundation to the cancer center have been used to hire 10 researchers working on breast cancer.
MoreFortune ekes out another profit on falling revenue
November 12, 2009
Indianapolis-based Fortune Industries Inc. managed a small profit in its latest quarter, its fourth straight profitable quarter,
the company announced Thursday morning.
MoreCity program benefits veteran-owned businesses
November 11, 2009
Scott OlsonThe city's Veteran Business Enterprise program aims to increase the representation of veteran-owned businesses on city projects—an
effort that has generated $217,000 in contracts for such firms so far.
MoreDuke Realty land auction nets $1M; pricier properties go unsold
November 11, 2009
Cory SchoutenLocally based Duke Realty Corp. netted more than $1 million during a Tuesday auction of surplus development parcels in Indianapolis,
Fishers, Plainfield and Lebanon.
MoreLilly to pay Utah $24 million to settle Zyprexa suit
November 11, 2009
Eli Lilly and Co. has agreed to pay Utah $24 million to settle a lawsuit claiming the company improperly marketed the antipsychotic
drug Zyprexa.
MoreLilly, WellPoint CEOs pin hopes on Senate
November 11, 2009
J.K. WallDrugmaker and health insurer bemoan aspects of House health reform bill and hope Senate crafts more industry-friendly bill.
MoreLosses grow for EnerDel parent, but sales rise
November 11, 2009
IBJ StaffNew York-based Ener1 reported late Monday that it suffered a third quarter loss of $15.8 million.
MoreVoters OK Hamilton Southeastern school-funding tax hike
November 10, 2009
IBJ StaffVoters in the Hamilton Southeastern school district on Tuesday overwhelmingly approved a bump to their property taxes to provide
the growing system an extra $5.5 million in funding each year for the next seven years.
MoreMass Ave fine art gallery G.C. Lucas set to close
November 10, 2009
Kathleen McLaughlinGreg Lucas will be the second fine art gallery owner in Indianapolis to close shop this year. Lucas announced Tuesday that
he will close his gallery at 884 Massachusetts Ave. by year's end.
MoreRepublic Airways adding 800 workers in Milwaukee
November 10, 2009
Chris O'MalleyLocally based Republic Airways Holdings Inc. on Tuesday afternoon said it still might bring jobs to Indianapolis as part of
the digestion of its newly acquired Frontier Airlines and Midwest Airlines subsidiaries. But it looks like Milwaukee has wound
up as the biggest beneficiary.
MoreLocal man gets 37 months in mortgage-fraud scheme
November 10, 2009
Cory SchoutenA federal judge has ordered an Indianapolis man to serve 37 months in prison and pay $1.7 million in restitution for his role
in a massive mortgage fraud scheme.
MoreCICF lost more than its foundation peers in '08
November 10, 2009
Kathleen McLaughlinThe $491 million Central Indiana Community Foundation has switched investment advisers after the market crash of 2008, a year
in which it saw greater losses than many of its peers.
MoreTax credit helps boost area home sales 20 percent
November 10, 2009
Scott OlsonA federal tax credit that benefits first-time homebuyers is helping to bring home sales in the nine-county Indianapolis area
out of their funk.
MoreBargersville wins annexation dispute with Greenwood
November 10, 2009
Kathleen McLaughlinThe Town of Bargersville won a legal dispute Monday that will allow it to annex 739 parcels within three miles of Greenwood's
city limits and become the exclusive sewer-service provider in the area.
MoreAir Force awards Rolls-Royce $8.5 million contract
November 10, 2009
Rolls-Royce Corp. said Monday that the U.S. Air Force has awarded its Indianapolis operations an $8.5 million contract to
provide spare engine parts for the C-130J military transport aircraft.
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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.