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News & Analysis
Tenants trickling in to Purdue’s technology center
August 17, 2009
Chris O'MalleyFor a city feverishly growing its technology and life sciences sectors, it seemed a bit anticlimactic last January when
Purdue University dedicated its new technology center with only one tenant. But the lone tenant in the $12.8
million complex, FlamencoNets, a high-tech telecommunications firm, is about to get some company.
MoreLottery sales fall 11 percent as Lotto, scratch-off demand wanes
August 14, 2009
Scott OlsonThe Hoosier Lottery limped through its latest fiscal year, turning in its poorest sales performance in a half-decade due mostly
to declining demand for Hoosier Lotto tickets and scratch-off games, the Lottery said today.
MoreIU Trustees elect Fort Wayne doctor president
August 14, 2009
IBJ StaffThe Indiana University Board of Trustees have elected Fort Wayne surgeon Dr. William Cast to a two-year term as the board's
president.
MoreIndyGo adding hybrids to supervisory fleet
August 14, 2009
IBJ StaffIndyGo plans to buy six new hybrid vehicles for its transportation supervisors.
MoreDeal returns Steak n Shake to steakhouse biz
August 13, 2009
Greg AndrewsThe Steak n Shake Co.’s announcement this morning that it plans to purchase Western Sizzlin Corp. for about $23 million
puts the Indianapolis restaurant company back in the steakhouse business for the first time since exiting it nearly a decade
ago.
MoreSteak n Shake acquiring Western Sizzlin
August 13, 2009
Cory SchoutenThe Steak n Shake Co. said it plans to acquire the Western Sizzlin restaurant chain in a deal valued at $23 million.
MoreDailyMed sales trim Arcadia losses
August 13, 2009
J.K. WallArcadia Resources Inc. narrowed its losses in its most recent quarter as it started to accelerate sales in its highly-touted
DailyMed program, the company said today.
MoreCarbon Motors files for $310 million loan
August 13, 2009
IBJ StaffCarbon Motors yesterday filed for a $310 million federal loan to help it begin producing high-tech police cars in Connersville.
MoreDenver group trying to lure Republic Airways HQ
August 13, 2009
IBJ StaffIndianapolis-based Republic Airways Holdings Inc. and Southwest Airlines Co. will battle it out in a bankruptcy court auction
today for the rights to acquire Denver-based Frontier Airlines Holdings Inc.
MoreSouthwest bid for Frontier could be in trouble
August 13, 2009
Scott OlsonSouthwest Airlines Co.'s bid for Denver-based Frontier Airlines Holdings Inc. may have hit turbulence, according to the Dallas
Morning News.
MoreAbatement approval paves way for Covance jobs
August 12, 2009
Scott OlsonThe Hancock County Council this morning unanimously approved a tax-incentive agreement that should lead Covance Inc. to add
315 jobs at its Greenfield Laboratories.
MoreCook predicts blockbuster with new stent
August 12, 2009
J.K. WallBloomington-based Cook Medical has won European approval for a new artery-opening device for the legs that it predicts will
be a blockbuster.
MoreLocal company acquires monster truck series
August 11, 2009
IBJ StaffThe Promotion Co Inc., an Indianapolis-based event promoter, said today that it has acquired the Monster Nationals series
of monster-truck shows from Image Promotions Inc. in Chardon, Ohio.
MoreVet supplier promises 30 jobs in Whitestown
August 11, 2009
IBJ StaffIdaho-based MWI Veterinary Supply Inc. said today it will establish distribution operations in Indiana by leasing space in
Whitestown, creating more than 30 new jobs by the end of the year.
MoreSteak n Shake posts profit, rise in customer traffic
August 11, 2009
Scott OlsonSteak n Shake Co. late yesterday reported strong profit and big increases in customer traffic and same-store sales for its
fiscal third quarter, which ended July 1.
MoreHigh-ranking WellPoint exec stepping down
August 11, 2009
J.K. WallWellPoint Inc.'s internal audit and chief compliance officer - and highest-ranking black executive - will leave the company
later this month, according to a companywide e-mail sent out yesterday.
MoreNoble Roman's profit up, revenue down
August 11, 2009
IBJ StaffNoble Roman’s Inc. late yesterday reported a larger profit in the second quarter, primarily due to its continuing efforts
to cut expenses by replacing company-owned restaurants with franchises.
MoreCity-County Council OKs hotel tax hike
August 10, 2009
IBJ StaffThe City-County Council voted 15-14 last night to approve raising the local hotel tax from 9 percent to 10 percent in a move
intended to help the cash-strapped Indianapolis Capital Improvement Board close a $47 million operating deficit.
MoreCIB OKs budget, but awaits council vote
August 10, 2009
Scott OlsonMembers of the Indianapolis Capital Improvement Board this afternoon passed a $63 million budget for 2010 that hinges on the
City-County Council’s approval of a hike in the local hotel tax.
MoreSouthwest bids $170M for Frontier Airlines
August 10, 2009
IBJ Staff and Associated PressSouthwest Airlines Co. said today it's bidding $170 million to buy Frontier Airlines Holdings Inc. out of bankruptcy protection,
surpassing an earlier bid of $108.8 million by Indianapolis-based Republic Airways Holdings Inc.
MoreVeolia appeals regulators' rate-hike decision
August 10, 2009
Chris O'MalleyVeolia Water Indianapolis, which manages the city’s water utility, has appealed an order issued by state utility regulators
that limited a major rate increase sought by the city.
MoreRepublic, Southwest duel for Frontier
August 10, 2009
IBJ Staff and Associated PressRepublic Airways Holdings Inc. is nearing judgment day in its battle with Southwest Airlines Co. for ownership of Frontier
Airlines Holdings Inc.
MoreOrr fellows finding opportunity in male-dominated tech industry
August 10, 2009
Jo Ellen Meyers SharpMany young women who have participated in the Governor Bob Orr Indiana Entrepreneurial Fellowship program have landed at high-flying
local technology firms.
MoreEmerging life sciences companies grabbing more in government grants
August 10, 2009
Chris O'MalleyMore emerging life science companies have found life in the form of federal
Small Business Innovation Research grants.
MoreNew Junior Achievement chief hopes to reach more kids
August 10, 2009
Kathleen McLaughlinThe new CEO of Junior Achievement of Central Indiana, Jennifer Burk, said she has ideas for reinvigorating the base of corporate
supporters and reaching more students with entrepreneurship programs.
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Who makes Tater Tots? They would be a good sponsor, because $3 Million for the alleged "Greatest Spectacle In Racing" is taters. Tiny, tiny taters. But at least they are making up something of the losses accumulated over the years in this dying sport. Buttock in seat is certainly not doing it, nor eyeball on TV, as evidenced by the lack of both.
We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)
True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.
The Prestige was a great flick.
Larry - even though the race is on ABC, ESPN does all of the work, so that is why ESPN is mentioned. Most sports on ABC are called something like "ESPN on ABC."