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News & Analysis
Recession slows the creation of a self-contained Boone County community
May 18, 2009
Kathleen McLaughlinCreating a self-contained community on 1,700 acres of farmland could take much longer than the 15 to 20 years Duke Realty
Corp. predicted.
MoreAudiovox sees gains in antenna sales
May 18, 2009
The electronics accessories unit of Audiovox Corp. in Carmel is gaining from the rise in antenna sales ahead of the June 12
switch to all-digital TV broadcasting.
MoreCIB executive director out-earns governor, mayor combined
May 18, 2009
Cory SchoutenBarney Levengood, executive director of the financially-struggling Capital Improvement Board, is one of the state's highest-paid
public employees, and some wonder if his pay should be cut.
MoreOld National striving to be 'Indiana's bank'
May 18, 2009
Scott OlsonOld National's purchase of 65 Charter One branches deepens its foothold in Indy.
MoreLilly Endowment has made few changes despite massive fall in value
May 18, 2009
Kathleen McLaughlinLilly Endowment lost 26 percent of its value in 2008, falling from $7.7 billion to $5.7 billion. What's different about the
Indianapolis-based endowment is that its most recent loss caps a downward slide that's lasted eight years.
MoreMerchants Bank of Indiana is top home-grown bank
May 18, 2009
Peter SchnitzlerMerchants Bank of Indiana, whose main office is in Carmel, books better numbers than any other Hoosier bank.
MoreEight former employees who say firings were racially motivated agree to $2.75M settlement from Lottery
May 18, 2009
Peter SchnitzlerThe Hoosier Lottery has agreed to pay $2.75 million to settle a lawsuit filed by eight black former employees who claim racial
discrimination motivated their firing four years ago.
MoreLocal trust working toward 2,010 acres by end of 2010
May 18, 2009
Kathleen McLaughlinThe Central Indiana Land Trust anticipates bringing nearly 800 acres valuable to conservation under its protection this year,
thanks to a generous tax incentive for property owners.
MoreKeep Indianapolis Beautiful and Lilly team up on I-70 landscaping project
May 18, 2009
Kathleen McLaughlinSome of Indianapolis' main entrances from Interstate 70 are in line for a $2 million makeover.
MoreClarian and IU Med School hiring 1,500 docs for massive Indiana Clinic; strategy may cut out insurers
May 18, 2009
J.K. WallClarian Health and the Indiana University School of Medicine want to turn 1,500 or more doctors into employees under a new
nonprofit group called the Indiana Clinic.
MoreAngel investment group off to flying start
May 11, 2009
Scott OlsonHALO Capital injects $8 million into startups in first year of operation despite recession and membership turnover.
MoreRecession has a domino effect on venture capital
May 11, 2009
Peter SchnitzlerCall it a trickle-down effect, but not the kind President Reagan would have liked. The recession has cost most institutional
investors, such as university endowments, about a quarter of their value. As a result, venture capitalists' primary source
of funding has dried up. The implications for Hoosier entrepreneurship are stark.
MoreTelcos eye possible competition from electric utilities
May 11, 2009
Chris O'MalleyA trade group for the state's telephone companies is wringing its hands over budding efforts of electric companies to offer
so-called smart grids to better monitor and manage electric distribution.
MoreActivist shareholder makes case against Conseco's board
May 11, 2009
J.K. WallAn activist shareholder vying to become a director of Conseco Inc. says the insurance company's board "completely misjudged"
the risks it faced when it emerged from bankruptcy in 2003 and hasn't recovered since. Now an independent shareholder advisory
firm is siding with him.
MoreReal pinball wizard makes career of repairs
May 11, 2009
George UmbargerGame technician Doug Clark has been going full tilt in unusual niche for 31 years.
MoreReimbursement changes prompt specialists to join hospital payrolls
May 11, 2009
J.K. WallSpecialist physicians, who have traditionally been fiercely independent, are more and more coming on as employees of hospitals.
MoreLauth needs financing, real-estate recovery to emerge from bankruptcy
May 11, 2009
Cory SchoutenThe 32-year-old developer Lauth Group Inc. likely will survive in some form if the company can find financing to get it through
a Chapter 11 reorganization and if the real estate market doesn't take too long to turn around, experts said.
MoreIndianapolis Waterworks' rate hike request excessive, critics say
May 11, 2009
Chris O'MalleyCustomer groups say an 18-percent rate hike sought by the Indianapolis Department of Waterworks is excessive even for a utility
drowning in variable-rate bond debt that's swelled since financial markets collapsed.
MoreSlumping NBC could drag down Channel 13
May 11, 2009
Anthony SchoettleEarly ratings from the all-important May sweeps suggest WTHR-TV Channel 13's 15-year reign as king of local television news
is secure for now. But the big test will come this fall when NBC's weakening prime-time lineup is expected to put the ratings
crown in play.
More'Epic' investment losses hit hospitals
May 11, 2009
J.K. WallFinancial reports trickling in from Indianapolis' major hospitals show why the city's health care building boom ground to
a near halt this year. It ran into a wall of investment losses.
MoreA real pinball wizard
May 11, 2009
It's a rainy Monday morning and Doug Clark is making a house call--an early but otherwise average start to his week.
MoreF1 team picks Charlotte for new headquarters
May 4, 2009
Scott OlsonA decision by a startup Formula One team to set up shop in Charlotte, N.C., is fueling debate over whether Indianapolis still
is the self-proclaimed "motorsports capital of the world."
MoreGeorge gives IRL four years to break even ... or else
May 4, 2009
Anthony SchoettleIndy Racing League founder Tony George dropped a bombshell in December when he told an industry group that he would shut down
the open-wheel series if it didn't break into the black soon.
MoreTop logistics execs draw road map for industry
May 4, 2009
Chris O'MalleyOn the menu of Indiana's economic development initiatives, the logistics industry has had all the appeal of truck stop coffee.
Meanwhile, the information technology and life sciences sectors—and recently clean tech—have had everyone salivating.
Logistics, however, is cooking up a new strategy.
MoreAllison Transmission invests in British engineering firm
May 4, 2009
Kathleen McLaughlinThough plagued by debt, Allison Transmission recently plowed millions of dollars into experimental technology that could lead
to new products.
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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.