News & Analysis

Noblesville's Sagamore golf club emerges from the rough

August 7, 2010
Anthony Schoettle
The once ballyhooed Jack Nicklaus-designed course near State Road 37 and 166th Street was perilously near bankruptcy just a year ago.
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E-mails show how David Simon faced financial crisisRestricted Content

August 7, 2010
Cory Schouten
The first few months of 2009 were not an easy time to be CEO of Simon Property Group Inc. David Simon was feeling pressure from shareholders, lenders, employees and family members.
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Despite success, Colts aren't letting up on marketingRestricted Content

August 7, 2010
Anthony Schoettle
Indianapolis Colts representatives have made a record 844 appearances in the last year across Indiana and into Kentucky with the team’s Make It Personal tour.
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JPMorgan's wealth advisory group led from Indianapolis

August 7, 2010
Peter Schnitzler
Elizabeth Schlueter started out in Fort Wayne and rose through a series of promotions that landed her not on Wall Street but in Indianapolis.
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First Merchants, First Financial mull expansionRestricted Content

August 7, 2010
Norm Heikens
Acquisitions situate banks to seek market share in Indianapolis.
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New-car dealers hit hard in 2009Restricted Content

August 7, 2010
Chris O'Malley
Indiana lost 49 new-car dealers last year, the biggest thinning of the herd in at least a decade, according to data released last month by the National Automobile Dealers Association.
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Ford dealer celebrates 50-year milestoneRestricted Content

August 7, 2010
Chris O'Malley
This month, Pearson Ford, 10650 N. Michigan Road, is celebrating a rare thing among car dealers: its 50th birthday.
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Linking Indianapolis-area bus systems becoming priority for plannersRestricted Content

August 7, 2010
Chris O'Malley
Connecting rural bus systems with one another and with IndyGo must happen before commuter rail becomes a reality.
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Slumping chocolate firm hopes to recapture early momentumRestricted Content

August 7, 2010
Kathleen McLaughlin
Endangered Species Chocolate, which saw growth spike from 2005 through 2007, lost 20 percent of its revenue in 2009. Sales dropped from $14 million in 2008 to $11 million last year. New Curt Vander Meer has plans to bring the company back to its former glory, one chocolate bar at a time.
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Property shuffle aims to connect police, fire services with neighborhoods

August 7, 2010
Cory Schouten
The city plans to open police-and-fire hubs in two former IPS schools, retrofit an Eastgate mall department store into an Emergency Operations Center, and build at least two fire stations.
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Summer is key time for those who raise Christmas trees

August 7, 2010
Joe Jasinski
Christmas and July harmonize like a blizzard on Independence Day, but the summer months are perhaps the most vital for Tom Dull and his wife, Kerry, who raise 23,000 Christmas trees on their peaceful farm in Thorntown.
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INSIDE DISH: Kelties eyes return to salad days

August 6, 2010
Mason King
Kelties_WatchVideoOwner and chef Keltie Domina is relying on cost-cutting, an uptick in sales and her talent for shifting strategies to dig out of a recession-based deficit.
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Emmis delays vote on buyout again

August 6, 2010
Anthony Schoettle
As preferred shareholders continue holdout, Emmis postpones vote to take company private. Issue will be taken up again Aug. 13.
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Assistant commissioner promoted to lead IHSAA

August 6, 2010
Associated Press
The IHSAA announced Friday that Bobby Cox would replace Blake Ress as commissioner in February when Ress retires after 10-1/2 years in the position.
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Logistics teams compete on public stage

August 6, 2010
Joe Jasinski
About 400 people and nine teams convened at a vacant 96th Street distribution center Thursday for the inaugural Indianapolis LogistXGames.
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Vendors unsure of benefits from more State Fair days

August 6, 2010
Scott Olson
Many say it's too early to tell whether last year's decision to extend the Indiana State Fair schedule by five days is resulting in stronger sales.
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WRTV replaces Wallace as evening newscast anchor

August 6, 2010
J.K. Wall
ABC station did not renew Todd Wallace's contract after three years, instead recruiting Todd Connor, an ABC News correspondent. Wallace's co-anchor, Trisha Shepherd, will stay on.
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Stocks retreat after disappointing jobs report

August 6, 2010
Associated Press
The disappointing jobs data magnifies worries that slowing growth could end up leading the country back into recession during the second half of the year.
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Trustee pressing Daniels, others to return Durham's donations

August 5, 2010
J.K. Wall
Trustee Brian Bash has sent letters to politicians who he says received a total of $900,000 in funds Durham had borrowed from the coffers of Fair Finance, a now-bankrupt investment firm based in Ohio.
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Red Gold expanding Madison County operations

August 5, 2010
Following $5.1 million investment, the company plans to create 42 jobs by 2012 by expanding its production operations in Orestes.
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New store openings drive HHGregg profit

August 5, 2010
Indianapolis-based appliance and electronics retailer opened 26 new stores in its fiscal first quarter and earned $2.7 million in profit.
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Kite Realty Group reports lower funds from operations

August 5, 2010
Scott Olson
Indianapolis-based developer said the loss reflected slower construction activity and lower profit on land and outlet sales. Occupancy at its retail centers increased, however, to 91 percent.
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Brightpoint boosts revenue, profit

August 5, 2010
 IBJ Staff
Brightpoint Inc. on Wednesday reported second-quarter revenue of $788.6 million as the Indianapolis company continued to grow its share of the wireless device distribution business.
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Nordstrom confirms plans to open Rack store in Indianapolis

August 4, 2010
 IBJ Staff
IBJ first reported in May that Kite Realty Group Trust had recruited Nordstrom Rack and The Container Store as likely anchors of a redevelopment of the Shops at Rivers Edge.
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Gen Con Indy expects to draw 28,000 gaming fans

August 4, 2010
 IBJ Staff and Associated Press
Gen Con Indy runs Thursday through Sunday at the Indiana Convention Center. It's in its 42nd year.
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  1. The deductible is entirely paid by the POWER account. No one ever has to contribute more than $25/month into the POWER account and it is often less. The only cost not paid out of the POWER account is the ER copay ($8-25) for non-emergent use of the ER. And under HIP 2.0, if a member calls the toll-free, 24 hour nurse line, and the nurse tells them to go to the ER, the copay is waived. It's also waived if the member is admitted to the hospital. Honestly, although it is certainly not "free" - I think Indiana has created a decent plan for the currently uninsured. Also consider that if a member obtains preventive care, she can lower her monthly contribution for the next year. Non-profits may pay up to 75% of the contribution on behalf of the member, and the member's employer may pay up to 50% of the contribution.

  2. I wonder if the governor could multi-task and talk to CMS about helping Indiana get our state based exchange going so Hoosiers don't lose subsidy if the court decision holds. One option I've seen is for states to contract with healthcare.gov. Or maybe Indiana isn't really interested in healthcare insurance coverage for Hoosiers.

  3. So, how much did either of YOU contribute? HGH Thank you Mr. Ozdemir for your investments in this city and your contribution to the arts.

  4. So heres brilliant planning for you...build a $30 M sports complex with tax dollars, yet send all the hotel tax revenue to Carmel and Fishers. Westfield will unlikely never see a payback but the hotel "centers" of Carmel and Fishers will get rich. Lousy strategy Andy Cook!

  5. AlanB, this is how it works...A corporate welfare queen makes a tiny contribution to the arts and gets tons of positive media from outlets like the IBJ. In turn, they are more easily to get their 10s of millions of dollars of corporate welfare (ironically from the same people who are against welfare for humans).

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