News & Analysis

Auto parts workers hope vote will save jobs

September 8, 2010
Associated Press
Continental Structural Plastics said last month it would close an Ohio plant, and spend about $9 million on upgrades to a factory in Indiana where it will have up to 350 workers by 2012.
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Advocates renew push for statewide smoking ban

September 8, 2010
Francesca Jarosz
State Reps. Charlie Brown (D-Gary) and Eric Turner (R-Cicero) joined members of the Indiana Campaign for Smokefree Air on Wednesday to announce legislation for a comprehensive ban they plan to introduce next year.
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Poor economy keeping Wishard project costs down

September 8, 2010
Scott Olson
Contractors starving for work are submitting more competitive bids, which so far has led to about $10 million in savings, hospital official says.
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Local developer planning Indiana wind farm

September 8, 2010
 IBJ Staff and Associated Press
Carmel-based Performance Services Inc. plans a 25-turbine wind farm in a rural area north of Lafayette, across about 2,500 acres in northern Tippecanoe County.
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Clarian moves to scoop up Morgan

September 8, 2010
J.K. Wall
It looks like Clarian may be back to deal-making. The Indianapolis-based hospital system has signed a letter of intent to absorb Morgan Hospital and Medical Center.
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Barron's: Brighter days ahead for WellPoint

September 8, 2010
J.K. Wall
It’s been a tough year for major health insurers, but Barron’s magazine predicts a big comeback for Indianapolis-based WellPoint Inc. and its rival UnitedHealth Group.
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Q&A

September 8, 2010
J.K. Wall
Julie Klapstein is CEO of Florida-based Availity LLC, which last week announced its acquisition of Indianapolis-based RealMed Corp. The combined firms will have $100 million in annual revenue and want to work with doctors and health insurers to finally allow patients to pay their co-pays and deductible payments when they’re at the doctor’s office—not weeks later in the mail. The change could also allow doctor’s to get paid much faster for their services.
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Symphony on the Prairie sets attendance record

September 8, 2010
 IBJ Staff
Indianapolis Symphony Orchestra’s popular outdoor concert series set an attendance record this summer, surpassing the 100,000-mark for just the third time since 1982.
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Indiana panel's proposal would expand net metering

September 7, 2010
Associated Press
The draft net metering rule would boost the state's power cap for renewable power units and expand it to all customer classes served by electric utilities.
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Indiana casino commission: Staffer hid complaints

September 7, 2010
Associated Press
The commission found the misconduct after an internal review about why 56 of 154 complaints made against the casinos during 2009 had gone unanswered.
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Liquor board OKs permit for City Market beer sales

September 7, 2010
Francesca Jarosz
The Marion County Alcoholic Beverage Board voted to approve a carryout liquor license for the historic downtown site. The permit will allow the Indiana Brewers Guild to open a bar featuring local craft beers.
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Auto auction's new owner calls first event a success

September 7, 2010
Associated Press
Auctions America by RM, which bought the former Kruse Auction Park in Auburn two months ago, said more than 25,000 people attended this past weekend's event, during which sales topped $13 million.
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CEO says Lilly still not interested in huge acquisitions

September 7, 2010
 IBJ Staff and Bloomberg News
Lilly remains disinterested in making big acquisitions and aims to rely on the company’s own pipeline, CEO John Lechleiter said Tuesday, re-emphasizing a strategy he has outlined several times in the past year.
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Colts favored to win Super Bowl by Vegas oddsmakers

September 7, 2010
Bloomberg News
The Colts enter the regular season with 13-2 odds of capturing their second National Football League title in five years, according to Las Vegas Sports Consultants, which advises Nevada's sports books on betting lines.
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Business bank reports second-quarter loss

September 7, 2010
Indiana Business Bank's restructuring of a real estate loan leads to loss of $484,678 in the second quarter.
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Leader of local CB Richard Ellis office leaves to work for family business

September 7, 2010
Tom Harton
David Reed is leaving to work for WisselReed Relocations, an Atlas Van Lines moving and storage franchise he started with his brother-in-law, David Wissel, in 2007.
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Control of House key issue as election season revs up

September 7, 2010
Mary Dieter
One hundred Indiana House seats are on the ballot—though many fewer are competitive—but their outcomes may affect the state well beyond the two-year terms that the candidates seek.
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Indiana farm income expected to jump 20 percent

September 4, 2010
Associated Press
Indiana farmers can thank weather problems around the world and a recession at home for an expected jump in their income this year.
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A&E PREVIEW: Dozens of events that should be high on your priority list

September 4, 2010
Lou Harry
From Mary Poppins to Tyler Perry, and from Liza to the Leisure Kings, there’s a lot to fill up your A&E calendar. Get your planners out and start circling dates. Here are some of my early must-do front-runners.
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Talking Points: What's the buzz on the Palladium, the opera and more?Restricted Content

September 4, 2010
Kathleen McLaughlin
IBJ's annual rundown of issues the A&E world will be obsessing about this year.
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Concert promoters take center stageRestricted Content

September 4, 2010
Marc D. Allan
Meet the people who make music events happen in Indianapolis.
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Facebook, others try to cut in on ChaCha's answer service

September 4, 2010
Chris O'Malley
Tech entrepreneur Scott Jones says the accuracy of his company's answers will set ChaCha apart from its social-media rivals.
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Law firm says ex-Conseco director shorted it on feesRestricted Content

September 4, 2010
J.K. Wall
The last man to settle with with the Carmel insurer over unpaid debt now is now being sued for not paying his legal bill.
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Traffic-signal maker flashing red over Indianapolis contractRestricted Content

September 4, 2010
Chris O'Malley
Domestic vendor who thought "buy American" provision would help it win contract loses out to Taiwanese supplier.
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Insurance seller chases music dreams with jazz labelRestricted Content

September 4, 2010
Kathleen McLaughlin
Al Hall started Owl Studios in 2005 to promote local musicians and has expanded its roster of performers to 16.
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  1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

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