News & Analysis

Lilly drug to detect Alzheimer’s criticized by consumer group

May 11, 2011
Bloomberg News
Eli Lilly and Co.’s Amyvid, an experimental imaging agent to detect signs of Alzheimer’s disease in the brain, shouldn’t be approved because of unreliable study results, a consumer-advocacy group said.
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Local architect wins national honor

May 11, 2011
Sanford Garner of Indianapolis firm A2SO4 is a recipient of this year's AIA Young Architects Award, which will be presented Thursday at the organization's convention in New Orleans.
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Noble Roman's first-quarter profit, revenue tick up

May 11, 2011
 IBJ Staff
Revenue at Noble Roman's Inc. inched up in the first quarter as the Indianapolis-based franchisor continued to grow its take-and-bake pizza operation in grocery stores.
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IPL exec promoted to CEO

May 11, 2011
 IBJ Staff
After about a month as interim CEO, Indianapolis Power & Light Co. executive Ken Zagzebski has won the job for good.
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Pacers to keep Bird as president

May 10, 2011
Associated Press
The Indiana Pacers announced Tuesday that they will keep Bird as team president after he met with owner Herb Simon in Los Angeles.
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Daniels signs 80 bills into law, including budget

May 10, 2011
Associated Press
Indiana Gov. Mitch Daniels signed 80 bills into law Tuesday, including a new $28 billion state budget and redrawn political maps that will help shape elections for the next decade.
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Historical society to operate former Ruth Lilly estate

May 10, 2011
Kathleen McLaughlin
The Indiana Historical Society will entertain its members in Ruth Lilly's former Indianapolis estate, Twin Oaks, under a contract with owners William and Laura Weaver, the society announced Tuesday.
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CIB reports quarterly revenue increase

May 10, 2011
Scott Olson
The Capital Improvement Board saw revenue of $22.5 million in the first three months of the year, a jump of 28 percent compared with the same three months in 2010. More taxes generated by hotel stays and restaurant visits helped drive the increase.
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Emmis reports smaller annual loss on higher revenue

May 10, 2011
Scott Olson
The Indianapolis-based media company said an improving economy helped it cut its losses as revenue from radio operations grew 4.3 percent. Still, the company continues to struggle with a heavy debt load.
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Eastgate redevelopment reaches crucial crossroads

May 10, 2011
Tom Harton
Lifeline Data Centers, which bought Eastgate in 2008, plans to invest $10 million into the property this year if the Department of Public Safety moves forward with plans to lease 78,000 square feet.
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Businessman announcing run for Indiana governor

May 10, 2011
Associated Press
Jim Wallace has scheduled a campaign kickoff event for Tuesday afternoon at the town hall in the northern Indianapolis suburb of Fishers.
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Lawmakers fall short in efforts to curtail private-sector unions

May 9, 2011
Associated Press
Of the 14 states where "right-to-work" bills barring mandatory union fees were considered, only New Hampshire has passed the legislation, and it is uncertain whether Republican lawmakers can overcome an expected veto by the Democratic governor.
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Two wins to bring Lilly modest sales

May 9, 2011
J.K. Wall
Finally, some new revenue. Eli Lilly and Co. will enjoy modest new sales later this year after U.S. regulators approved a new diabetes drug developed by a partner company, and another company nears approval on a drug that will produce royalties for the Indianapolis-based drugmaker.
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Hospitals add even more docs

May 9, 2011
J.K. Wall
Recent acquisitions by IU Health and Franciscan Alliance keep up a trend of physicians becoming employees of hospital systems, in preparation for changes under health care reform.
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City seeks bids for $300M sewage tunnel system

May 9, 2011
Cory Schouten
City officials are seeking bidders for the first phase of Indianapolis' largest-ever public works project, an underground tunnel system equipped to store millions of gallons of raw sewage and prevent the excrement from flowing into local waterways.
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Longtime congressman Burton plans re-election bid

May 9, 2011
Associated Press
Dan Burton says he plans to seek election to a 16th term next year after narrowly surviving tough Republican primary battles in his past two campaigns.
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Metal-framing plant closing to cost 105 jobs

May 9, 2011
Dietrich Industries will close a plant in Hammond this summer, resulting in the loss of 105 jobs. The company manufactures metal framing and finish products.
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Schools weigh options after voters nix tax hikes

May 9, 2011
Associated Press
School districts across the state continue to struggle in their attempts to win voter approval for operating money or building projects, which a researcher attributes to continued worries about the economy.
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Amazon plans another area warehouse, more jobs

May 9, 2011
 IBJ Staff and Associated Press
Amazon.com plans to open a third large distribution center in central Indiana this summer that will employ hundreds of workers, the company said Monday morning.
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Do-not-call list may expand to cell phone users

May 9, 2011
Associated Press
Indiana residents who use only their cell phones will be able to add those numbers to the state's do-not-call registry to block unwanted telemarketing calls under a bill awaiting Gov. Mitch Daniels' signature.
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Reform law gives charters leeway to hire unlicensed teachers

May 7, 2011
Francesca Jarosz
Legislation that expands charter schools in Indiana also could increase the number of teachers at those schools without licenses, making it easier for educators like Eric Nentrup to take non-traditional paths to the classroom.
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Law firm towers after acquisitions

May 7, 2011
Scott Olson
Barnes & Thornburg's entrance into the Los Angeles market earlier this year capped off a string of office openings that vaulted it into an elite national player.
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President transforms workplace culture at Farmers Bank

May 7, 2011
Ann Finch
Few bank presidents gather their employees once a week and pass out plastic clapping hands to keep the beat to music pulsing full volume through the lobby. Fewer still climb atop a customer-service counter to open the early-morning pep rally with a full grin. Karen Miller does both.
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Stock slides as HHGregg stores riseRestricted Content

May 7, 2011
Cory Schouten
HHGregg Inc. continues to plow into new markets, opening an average of one store a week, even as Wall Street is feeling less gung-ho about the prospects for such a fast-growing brick-and-mortar electronics chain.
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Event promoter Compton teams with high schools to raise moneyRestricted Content

May 7, 2011
Anthony Schoettle
Proceeds from tribute-band concerts go to athletic programs, music departments and other school offerings that have lost funding.
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  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

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