News & Analysis

Speaker-maker Klipsch making noise in earphone niche

November 7, 2009
Kathleen McLaughlin
Making money in earphones will require higher sales volumes, but Klipsch CEO Fred Klipsch thinks there are plenty more consumers left for his company to tap.
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IUPUI mulling options for old Wishard Hospital siteRestricted Content

November 7, 2009
J.K. Wall
The most obvious use for the old Wishard site is an expansion of the Indiana University School of Medicine, particularly for medical research space, university administrators said.
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IURC conducts review of Centennial's telecom serviceRestricted Content

November 7, 2009
Chris O'Malley
Every neighborhood has its battles, but the 1,017-resident Centennial subdivision in Westfield is embroiled in one of the most unusual: a very public fight over the adequacy of its phone, Internet and video service.
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Critics: NCAA's reselling of suites out of sync with scalping ban

November 7, 2009
Anthony Schoettle
Lucas Oil Stadium suite holders are upset that the NCAA is taking their luxury boxes for the men’s basketball Final Four in April and reselling them on the secondary—or scalpers—market.
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Horizon League wins acclaim for its Web-based sports networkRestricted Content

November 7, 2009
Anthony Schoettle
Horizon League Commissioner Jon LeCrone never envisioned himself getting into the television business. But that changed in 2004 when he saw a Butler University women’s basketball game being aired on a laptop computer.
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Sestertii Solar leasing panels to make solar power more affordableRestricted Content

November 7, 2009
Chris O'Malley
The electricity they generate may be free, but most home- and business-owners can’t justify the upfront cost of solar panels. A price tag of $25,000 to $50,000 for a modest system puts the cost close to luxury car territory.
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A peek at the future: Nature Conservancy's 'green' HQ

November 7, 2009
Cory Schouten
Work is on schedule for a new headquarters for The Nature Conservancy of Indiana, which includes a variety of first-in-Indianapolis "green" features. Tour the building through IBJ's narrated slideshow.
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Companies reap rewards on irrigation investmentsRestricted Content

November 7, 2009
Brock Benefiel
Mike’s Express Carwash uses a lot of water. There’s just no getting around it. So when automated systems engineer Ryan Binkley looked for ways to conserve resources, he focused on the company’s irrigation systems.
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Suburban counties building outer loop to avoid Indianapolis

November 7, 2009
Chris O'Malley
Counties wanting to speed traffic among suburbs are building highways to avoid having to travel into Indianapolis. The result, a 100-mile outer loop beyond Interstate 465, won't be completed for years, and it won't be built to consistent standards, but it might help ease congestion.
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Daniels announces more cuts as state revenue falls again

November 6, 2009
 IBJ Staff and Associated Press
Indiana Gov. Mitch Daniels on Friday announced a series of spending cuts and other steps designed to offset a continuing multimillion-dollar decline in state revenues. If the trend continues without spending cuts, he said, Indiana's reserves would be wiped out by next August.
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Telecom supplier Telamon hopes to 'ignite' racing industry

November 6, 2009
Scott Olson
Carmel-based Telamon Corp. rose to become one of the largest minority-owned businesses in the area largely by serving telecommunications giants. Now it is veering off its traditional course to supply racing teams with an ethanol-based fuel made from Indiana corn.
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UPDATE: Life science firm to add 100 jobs at Park 100

November 6, 2009
 IBJ Staff
California-based life science firm Beckman Coulter Inc. is moving its precision plastics injection molding operation to the Park 100 business park on Indianapolis' northwest side, making what it calls a multimillion-dollar investment in the operation.
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Education cuts could be coming, state schools chief says

November 5, 2009
Associated Press
Indiana's school chief warned school superintendents Thursday that declining state revenues could force cuts in public education spending, education officials said.
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Kite Realty takes big write-off, dragging down quarterly results

November 5, 2009
Cory Schouten
Kite Realty Group Trust reported a 70 percent drop in funds from operations for the quarter ended Sept. 30, after the Indianapolis-based developer wrote off the entire book value of a Dallas strip center.
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Companies fined over death at convention center site

November 5, 2009
The Indiana Department of Labor has completed its investigation into the death of a construction worker at the expansion site of the Indiana Convention Center and fined four local companies a total of $31,000 for safety violations.
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Daniels blasts House health bill

November 5, 2009
J.K. Wall
In letter to Indiana congressmen, the governor says the reform bill would kill jobs with 'enormous' new taxes.
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Citizens Energy donates land to baseball not-for profit

November 5, 2009
Citizens has donated 28 acres of land from its former Citizens Gas & Coke Utility site on the southeast side of Indianapolis to Play Ball Indiana for the development of a youth sports complex.
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Military firm could create 500 jobs at former chemical site

November 5, 2009
 IBJ Staff and Associated Press
Telic Corp., a developer and manufacturer of United States military equipment, announced Thursday it will invest more than $1.2 million in the former Newport Chemical Depot in western Indiana, creating up to 500 jobs.
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IU economists forecast tepid growth in 2010

November 5, 2009
Scott Olson
Indiana University economists offered a cautious but improving economic outlook for 2010, in which they expect the personal income of Hoosiers to grow slightly and the state to add 50,000 jobs.
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HHGregg's quarterly earnings, sales jump

November 5, 2009
HHGregg reported a rise in quarterly profit and sales Thursday morning that exceeded analyst expectations, despite a decrease in same-store sales.
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Harley-Davidson eliminates Indiana from relocation list

November 4, 2009
 IBJ Staff and Associated Press
Harley-Davidson has announced that a Kentucky location is the only one it will consider if it decides to relocate its York, Pa., motorcycle plant, eliminating a site south of Indianapolis from contention.
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Brightpoint profit dips but beats expectations

November 4, 2009
Wireless device distributor Brightpoint Inc. said late Wednesday afternoon that profit and revenue both fell in the third quarter because it sold fewer devices at lower prices.
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Conseco reports $15.4 million profit in third quarter

November 4, 2009
J.K. Wall
The Carmel-based life insurer's third-quarter results exceeded Wall Street analysts' predictions.
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Loan losses contribute to First Internet's poor earnings

November 4, 2009
Indianapolis-based First Internet Bancorp on Wednesday said it lost $208,806 in the third quarter, as loan losses continued to increase.
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Senate probing WellPoint, others over small-biz rates

November 4, 2009
 IBJ Staff and Associated Press
The Senate health care committee is investigating how health insurers, including Indianapolis-based WellPoint Inc., price the coverage they sell to small businesses.
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  1. these guys only skill was to steal from other's hard earned savings.

  2. I voted for him last time and it WAS the LAST time. He needed to to quit running around the world on useless trips, and giving our $$ away to sports teams. I'll vote for anyone but Ballard next time. BTW...we gave $40M to the Pacers and cannot even watch the games on TV.

  3. For the people concerned about traffic, you should know that mixed-use projects (like the one being proposed), actually allows for and encourages more people to walk and bike, thereby mitigating additional automobile traffic. If we continue to design and build suburban-type projects in the City (i.e. automobile-oriented projects), we are not offering anything different from what the suburbs offer, which means we will continue to lose jobs/people to the suburbs. The reason Broad Ripple is somewhat successful today is that people want to live in a place that offers the convenience of being able to walk/bike to restaurants, retail, nightlife, the Monon, etc. Why would you not want to support a project that is complimentary to what already makes the area desirable? The real argument with this project should be its lack-luster design and layout, not the density.

  4. It is unfortunate that there is a perception that celebrities validate an event. The Indy 500 stands on its own, especially for those coming in from out of town. It was always so disturbing to read the gushing descriptions of Ashley Judd threaded throughout the local coverage. Very happy that era is at an end.

  5. Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.

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