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News & Analysis
Advertising veterans launch new agency
July 27, 2009
Anthony SchoettleThree Indianapolis advertising and marketing veterans have launched a new full-service agency. While the timing might not
be great—with the swooning economy—Dave Lesh, Bruce Dean and Bill Hendrickson think they have the experience to
forge a solid business.
MoreDueling Franklins iron out trademark dispute
July 21, 2009
J.K. WallIndiana-based Franklin College and Ohio-based Franklin University resolved their legal case last night, with Franklin University
agreeing to take specific steps in its advertisements to distinguish itself from Franklin College.
MoreWestfield moves ahead with sports facility plan
July 21, 2009
IBJ StaffA study commission has concluded that a major development involving a new youth-sports complex would be viable for Westfield,
the city announced this morning.
MoreIndianapolis golf course contracts up for bid
July 20, 2009
Kathleen McLaughlinMayor Greg Ballard’s
administration is requesting proposals to manage all but one of Indianapolis’
13 municipal courses.
MoreHoosier Academies leads chase for virtual charter schools
July 20, 2009
J.K. WallHoosier Academies is the leading candidate to operate a controversial virtual charter school pilot program authorized last
month by the Legislature.
MorePotential obesity breakthrough boosts Marcadia
July 20, 2009
J.K. WallFavorable article in prestigious journal could draw attention to Carmel biotech startup.
MoreCarmel grapples with rec center finances
July 20, 2009
A new business plan is in the works for the high-end Monon Center in Carmel.
MoreSupermarket shuffle at Conseco Fieldhouse
July 20, 2009
Anthony SchoettleMarketers and grocery store insiders say The Kroger Co.'s recently announced deal to partner with the Indiana Pacers and
Indiana Fever isn't just another sponsorship agreement.
MoreHealth care marketers taking the pulse of consumers' online habits
July 20, 2009
Christina GaloozisHealth care marketers can adapt to, and even use to their advantage, the online search habits of consumers.
Understanding when and why people search for specific health-related terms is vital to attracting more
visitors (i.e. patients) to a Web site.
MoreState law aims to attract doctors to areas in need of care
July 20, 2009
Scott OlsonA state law that went into effect July 1 attempts to attract young physicians and mental health practitioners to underserved
areas by forgiving part of their student loans. But Indiana’s budget woes prevented lawmakers from allocating funds
to support the program.
MoreDrug industry funds Democrat-led panel on health care reform
July 20, 2009
J.K. WallThe pharmaceutical industry—which for two decades has given twice as much in campaign donations
to Republicans as Democrats—organized a panel composed mostly of Democrats this month in Indianapolis
to argue its position on health care reform.
MoreRiverside course proceeds support preschool
July 20, 2009
Kathleen McLaughlinOne of the city’s golf course operators, Bob Thompson, has donated his earnings from two facilities to a single charitable
cause the past 15 years.
MoreNeighborhood taps cash languishing in account
July 20, 2009
Kim PuckettCity to unleash $3.8 million for improvements in United North West Area.
MoreLong-term-care business to help Wishard cover construction debt
July 20, 2009
J.K. WallTo pay for a shiny new downtown hospital, the parent corporation of Wishard Health Services will commit itself to yearly
debt payments 10 times as high as they are now. But Wishard officials have no doubt they can bear the extra load
because of places like Rosewalk Village, a nursing home that sits on the eastern side of Indianapolis.
MoreLauth's lawyers raking in big fees in bankruptcy reorganization
July 20, 2009
Cory SchoutenDeveloper Lauth Group Inc. is sparing no expense on attorneys in the Chapter 11 reorganization of key subsidiaries. The company
has hired two of the nation’s most prominent bankruptcy and restructuring specialists to handle
the cases, and the bill for the first month easily will exceed $1 million.
MoreBrightpoint prices offering of 15 million shares
July 16, 2009
Scott OlsonWireless device distributor Brightpoint Inc. said today it has priced 15 million shares of a previously announced stock offering
at $5 each.
MoreSmith & Hawken going out of business
July 15, 2009
IBJ StaffUpscale garden retailer Smith & Hawken will close all of its stores by the end of the year, including its Indianapolis
location on River Crossing Boulevard near the Fashion Mall.
MoreConnersville a finalist for police-cruiser plant
July 15, 2009
IBJ StaffConnersville is among three finalists in the running to produce a new police cruiser that runs on clean diesel and biodiesel
technology.
MoreRecession forces casinos to go all in with pricey expansion projects
July 13, 2009
Peter SchnitzlerIn a saturated gambling market, Indiana casinos increasingly rely on expanded entertainment options to
attract patrons. The upshot is that an industry once considered “recession-proof” is asking
the General Assembly for lower taxes and hopes to eliminate expensive regulatory requirements like maintaining engines
and crews.
MoreState arts commission budget down 20 percent
July 13, 2009
Kathleen McLaughlinA 20-percent budget reduction for the Indiana Arts Commission will affect as many as 400 grant-dependent organizations
across the state. The agency’s overall budget will shrink from $4 million in 2009 to $3.2 million for the
next two fiscal years.
MoreNot-for-profits capitalize on Obama's call to service
July 13, 2009
Kathleen McLaughlinPresident Obama is talking up volunteerism, and some not-for-profits are hustling to make sure they reap the benefits of
the high-profile pitch. The Nature Conservancy and Indianapolis-based Kiwanis International were among the first
organizations to announce their support of Obama’s summer service initiative, United We Serve, which kicked off June
22 and runs through Sept. 11.
MoreCity considering new parking meter plan
July 13, 2009
Cory SchoutenCity officials are considering several proposals designed to wrestle more revenue out of
the city’s roughly 4,000 parking meters, including
the possibility of a long-term lease to a private firm, a move that netted Chicago more than $1 billion
last year.
MoreHilbert in-law's life insurance dispute takes odd turn
July 13, 2009
Peter SchnitzlerLocal businessman J.B. Carlson contends the $15 million life insurance policy he took out on Stephen Hilbert’s mother-in-law
was legitimate, because she served on his firm’s board and was a key decision-maker. The mother-in-law, Germaine
“Suzy” Tomlinson, died at age 74 last September—just 32 months after the policy was issued.
MoreKite Realty misses out on REIT revival
July 13, 2009
Cory SchoutenKite Realty Group Trust has stuck pretty closely to the REIT recession playbook: Renegotiate debt, sell new shares, cut
dividends, and set the development engine to idle. But as the shares of most publicly traded real estate
investment trusts have bounced back from the lows in March, Kite’s shares have lagged.
MoreConrad Indianapolis adding wine bar, sidewalk dining
July 13, 2009
Cory SchoutenPlans are in the works for a wine bar called Tastings that would take the first-floor corner space at the Conrad Indianapolis.
The $1 million project would add an entrance to the luxury hotel at the northeast corner of Washington
and Illinois streets and include a total of 80 outdoor seats along both streets, in the shadow of the
Artsgarden.
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In my opinion the estridge companies are crooks. They filed bankruptcy on their 'track housing' side of the business two weeks before they closed on one of my clients' homes. When my client first interviewed Estridge as a builder 6 months before, they specifically ASKED about the solvency of their business, knowing that some builders were struggling. Estridge truly misrepresented their financial situation at that time. I suppose I am more unhappy with the whole system than I am with the builder because what the heck==you can file bankruptcy on 'track homes' but still keep building and make money off of 'custom built' homes??? How ridiculous! They are all homes. How can a company be allowed to bilk thousands of dollars from their subcontractors but still be allowed to build houses?? they should have been made to pay back all their unpaid contractors before being allowed to profit from building any more houses! This alone makes them and the system crooks in my eyes. I would never build an estridge home and I would not recommend for my clients either. If they were truly 'bankrupt' how could they afford to keep building homes anyway??? The whole system needs fixed.
I live a couple blocks east of the Angie's campus and my house is assessed for ~$160,000. If I could get that amount, let alone $384,000 (a 140% bonus), I'd sell in a minute. Either Angie's stockholders just got fleeced, or Angie's is getting about a 58% discount on their property taxes, if these properties are actually worth what they paid Mr. Oesterle for them. Which do you think is the case?
Perhaps the IMA board is really to blame! They agreed to hire Charles. They can't seemingly find donors among themselves, or bring in new blood that will support the museums operating budget with an expanded museum and money to provide curators with something to do (ie buy art). The headlines of disarray at the museum and mass firings are hurting the reputation of the museum for some time to come. If people on the board had misgivings, perhaps they shpuld have more forcefully opposed efforts that they have seemingly been unable to fund, like expansion and the costs it has created!
See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.