News & Analysis

Lilly's Solpura may lack data to prove effectiveness

January 10, 2011
Bloomberg News
Outside advisers to the FDA will meet Jan. 12 to review whether the drug should be approved for people with pancreas insufficiency caused by cystic fibrosis, chronic pancreatitis or other conditions.
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Duke Energy plans acquisition, new CEO

January 10, 2011
Bloomberg News
Duke Energy Corp. announced Monday an agreement to buy Progress Energy Inc. and put Progress CEO William Johnson in charge of what will be the largest U.S. utility.
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Ratio Architects acquires North Carolina firm

January 10, 2011
Scott Olson
Ratio Architects Inc., the area's fourth-largest architectural firm, has acquired Cherry Huffman Architects in Raleigh, N.C.
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NFL playoffs' first 2 games set ratings milestones

January 9, 2011
Associated Press
The New York Jets' last-second 17-16 victory over the Indianapolis Colts earned the highest rating since the NFL began airing prime-time wild card games in 2002.
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Lawmaker wants homeowners to pay for pond safety

January 9, 2011
Associated Press
An Indiana lawmaker worried about the dangers posed by retention ponds wants nearby homeowners to foot the bill of erecting safety barriers such as guardrails.
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WTHR hires news director

January 8, 2011
 IBJ Staff
Television news veteran Keith Connors will join WTHR-TV Channel 13 as news director Jan. 12, the local station announced Friday.
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Palladium not alone in playing up acoustics

January 8, 2011
Kathleen McLaughlin
The new Center for the Performing Arts in Carmel and other arts organizations are promoting the quality of their venues' acoustics, but does the paying public really care?
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Engineering firm exec started at the bottom

January 8, 2011
Ann Finch
Donna Gadient has risen to the top ranks of engineering firm R.W. Armstrong through hard work, and without a college education.
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Daniels shifts aim to education reform

January 8, 2011
J.K. Wall
Education reform is taking on greater priority after governor incomes misses an ambitious goal of raising Hoosier incomes.
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WGU Indiana provides more access to coursesRestricted Content

January 8, 2011
Scott Olson
Students now can use scholarships to pay Western Governors University tuition.
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Marion, Ind., chain balloons to 620 mobile-phone storesRestricted Content

January 8, 2011
Cory Schouten
The chain’s growth got a boost last year when it landed a deal to operate 164 cellular shops inside HHGregg stores.
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Real estate brokers scrambling for national partnershipsRestricted Content

January 8, 2011
Cory Schouten
Top commercial real estate firms have been playing a name game of late, picking up or dropping national affiliations in a broad realignment of the city’s brokerage business.
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Aprimo sale may usher in 'new wave' of tech dealsRestricted Content

January 8, 2011
Chris O'Malley
Observers say conditions are ripening for more deals like the recent $525 million sale of Aprimo Inc. in the months ahead—not only among IT firms, but also among biotech companies here.
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Chamber props up graduation initiativeRestricted Content

January 8, 2011
J.K. Wall
A cash crunch at its Common Goal education program forced the Greater Indianapolis Chamber of Commerce this month to start covering the program’s bills out of its coffers.
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Convention Center expansion is high-stakes gamble

January 8, 2011
Anthony Schoettle
With the $275 million Indiana Convention Center expansion built and set to open Jan. 20, one major question remains: Will enough conventions, trade shows and corporate meetings come here to make the big-dollar investment pay off?
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INSIDE DISH: Recess owner keeps it simple, plans expansion

January 7, 2011
Mason King
Recess Watch VideoAfter initial trepidation over its chef-centric concept and urban location, Recess' Greg Hardesty plans to open another school-themed eatery.
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Evans exits mayor's race, supports Kennedy

January 7, 2011
J.K. Wall
Democratic City-County Councillor Jose Evans follows Indianapolis businessman Brian Williams out of the race to challenge Republican Mayor Greg Ballard.
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NHRA moves tech department to Indianapolis

January 7, 2011
Anthony Schoettle
The California-based National Hot Rod Association said Thursday that it is moving its technical department headquarters to Indianapolis to be closer to many of its race teams headquartered here.
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Marsh hit with second federal labor charge

January 7, 2011
Scott Olson
National Labor Relations Board accuses supermarket chain of intimidating employees at its Beech Grove store for supporting an attempt to unionize. The charges follow a similar complaint NLRB made in November involving Marsh's Georgetown Road store.
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Audiovox agrees to buy local speaker maker Klipsch

January 7, 2011
 IBJ Staff
Audiovox said in a statement, though, that the deal is "subject to a number of contingencies." Indianapolis-based Klipsch was founded in 1945 and has 130 local employees.
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OfficeWorks acquires competitor’s local operations

January 7, 2011
Fishers-based furniture dealer and office space designer is purchasing the assets of Columbus, Ohio-based Continental Office Environment's Indianapolis location on East 33rd Street. Both companies are Herman Miller dealers.
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Shareholders approve FinishMaster deal

January 7, 2011
 IBJ Staff
FinishMaster Inc.’s shareholders this week approved a deal to sell the Indianapolis-based company to a subsidiary of Uni-Select Inc. for $172 million.
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Roche aims to prevent bidding war for software firm

January 7, 2011
J.K. Wall
The Swiss company, which operates its North American business out of Indianapolis, filed a lawsuit late last month against Virginia-based Medical Automation Systems Inc. for breaching the purchase agreement the companies signed back in October.
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Simon target's valuation 'out of reach' for Indianapolis firm

January 7, 2011
Bloomberg News
Capital Shopping Centres Group Plc, the U.K.’s biggest shopping mall owner, said it is worth as much as $9.64 a share to a bidder, almost 50 percent more than an offer from Indianapolis-based Simon Property Group Inc.
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HHGregg shares slide on lower earnings outlook

January 6, 2011
 IBJ Staff and Associated Press
The Indianapolis-based appliance and electronics retailer attributed its lower outlook to weak demand for new video technology products. Sales of LED and 3-D televisions were less than expected while sales of lower-priced TVs were higher than anticipated.
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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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