News & Analysis

Lilly drug wins U.K. backing as cancer therapy

April 1, 2010
Bloomberg News
Eli Lilly and Co.'s Alimta has received the preliminary backing of a United Kingdom agency as a maintenance treatment for patients with the most common form of lung cancer.
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Group rounds up business help for Census

April 1, 2010
Brock Benefiel
As deadline day arrives, the Indianapolis Complete Count Committee is encouraging area companies to provide funding for local marketing and events designed to encourage citizens to fill out their Census forms.
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General Growth's bankruptcy plan makes room for Simon

March 31, 2010
Bloomberg News
The provision would give General Growth time to explore a takeover bid from Simon Property Group Inc., whose $10 billion offer was turned down by its rival in February. Simon is preparing a new bid, according to a person with knowledge of that plan.
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Famous handbag maker hits local retailers with lawsuits

March 31, 2010
Kathleen McLaughlin
In an effort to crack down on knockoffs, famous handbag designer Coach Inc. has hit at least three local retailers with trademark-infringement lawsuits.
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Police fund-raising center staffs up in Muncie

March 31, 2010
Kathleen McLaughlin
The Indiana Fraternal Order of Police is staffing up its Muncie call center and hopes to hire 100 additional workers in the struggling Indiana city.
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Expansion of NCAA tournament now seen as likely

March 31, 2010
Anthony Schoettle
Money proving to be a powerful motivator in earning Big Ten's support of NCAA tournament expansion plan.
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Shortage of big programs slows secondary Final Four ticket sales

March 31, 2010
Scott Olson
Ticket brokers say a flood of tickets became available on the secondary market following losses by the No. 1-seeded Kansas Jayhawks and Kentucky Wildcats.
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State names second virtual charter school

March 31, 2010
J.K. Wall
Rural Community Academy, in Sullivan, south of Terre Haute, can enroll as many as 280 students in the 2010-11 academic year. Those students would do most of their work from home, accessing lectures and school materials via the Internet.
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Conseco cuts 20 jobs at Carmel headquarters

March 31, 2010
J.K. Wall
Conseco Inc. moved some of its customer-service work to India, prompting the local job reductions.
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WellPoint faces biggest changes under new law

March 31, 2010
J.K. Wall
The Indianapolis-based health insurer has more individual and small-business customers than its major competitors, increasing the impact of health reform.
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Daniels one of health law's loudest critics

March 31, 2010
J.K. Wall
Indiana Gov. Mitch Daniels is fast becoming critic-in-chief of the health reform law.
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NCAA puts IUPUI on probation, vacates wins in six sports

March 30, 2010
Associated Press
The NCAA said IUPUI allowed erroneous eligibility certification for 97 student-athletes from 2003-04 through 2006-07, demonstrating a lack of institutional control and a failure to monitor by the university.
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Governor approves new teacher licensing rules

March 30, 2010
Associated Press
Daniels signed the new rules Tuesday, three months after a state panel approved them amid criticism from college educators.
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Answer to Murat's naming-rights fight likely to be found in lease

March 30, 2010
Kathleen McLaughlin
The Murat Temple Association, a Shriners affiliate that owns the iconic building, is suing Live Nation and Old National Bank over a naming-rights deal announced March 16.
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Logistics study revisits old concerns

March 30, 2010
Chris O'Malley
The two-year study by the Conexus Indiana Logistics Council Executive Committee involved 36 logistics executives statewide.
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Box maker halting production, putting 97 out of work

March 30, 2010
Austin, Texas-based Temple-Inland Inc. has notified state officials that will stop producing boxes at its Evansville facility on May 28.
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Downtown buildings land arts tenants

March 30, 2010
Tom Harton
Vonnegut Memorial Library Inc. will move into 1,100 square feet at 340 N. Senate Ave. The Arts Council of Indianapolis will occupy 5,400 square feet at 922 N. Pennsylvania St.
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Fishers Town Council delays vote on $19M auto mall

March 29, 2010
 IBJ Staff
If the council gives its blessing, construction could begin this spring on Butler Automotive Group's five-dealership development along State Road 37. About 230 jobs could be created.
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Shriners sue Live Nation, Old National over Murat renaming

March 29, 2010
Kathleen McLaughlin
The Murat Temple Association is a Shriners affiiate that owns the Murat Centre, which on March 16 was renamed the "Old National Centre" in a three-year deal between the bank and Live Nation.
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Severance boosts pay of former Duke Realty exec

March 29, 2010
Peter Schnitzler
Duke Realty's former chief operating officer took home $3.1 million last year. The office, industrial and retail property owner and manager also awarded raises to its CEO and the rest of his management team.
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Final Four corporate hospitality spending on the rise

March 29, 2010
Kathleen McLaughlin, Anthony Schoettle
Corporate hospitality at sports events has been stagnant in recent years, but organizers expect a big bounce for this year's NCAA Final Four in Indianapolis.
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Engeledow Group acquires estate landscaper

March 29, 2010
Kathleen McLaughlin
Engledow Group, one of the Indianapolis area's largest landscape companies, has acquired Litchfield Landscape Co. to bolster its estates division.
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Local attorney sues Fundex over game royalties

March 29, 2010
A local lawyer who created the game "Chronology" alleges breach of contract, trademark infringement, use of a counterfeit mark, unfair competition, copyright infringement, trademark dilution and forgery.
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Tax-break deadline spurs spec homes in Parade

March 29, 2010
Scott Olson
This spring's Parade of Home is being held about two weeks earlier than normal to help builders lure homebuyers who want to take advantage of federal incentives intended to give the residential real estate market a boost. Builders also are taking chances on more spec homes.
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General Growth preparing to file finance plan

March 29, 2010
Bloomberg News
General Growth is weighing options to exit Chapter 11 protection, with competing bids from Indianapolis-based Simon Property Group Inc. and Brookfield Asset Management Inc.
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  1. These liberals are out of control. They want to drive our economy into the ground and double and triple our electric bills. Sierra Club, stay out of Indy!

  2. These activist liberal judges have gotten out of control. Thankfully we have a sensible supreme court that overturns their absurd rulings!

  3. Maybe they shouldn't be throwing money at the IRL or whatever they call it now. Probably should save that money for actual operations.

  4. For you central Indiana folks that don't know what a good pizza is, Aurelio's will take care of that. There are some good pizza places in central Indiana but nothing like this!!!

  5. I am troubled with this whole string of comments as I am not sure anyone pointed out that many of the "high paying" positions have been eliminated identified by asterisks as of fiscal year 2012. That indicates to me that the hospitals are making responsible yet difficult decisions and eliminating heavy paying positions. To make this more problematic, we have created a society of "entitlement" where individuals believe they should receive free services at no cost to them. I have yet to get a house repair done at no cost nor have I taken my car that is out of warranty for repair for free repair expecting the government to pay for it even though it is the second largest investment one makes in their life besides purchasing a home. Yet, we continue to hear verbal and aggressive abuse from the consumer who expects free services and have to reward them as a result of HCAHPS surveys which we have no influence over as it is 3rd party required by CMS. Peel the onion and get to the root of the problem...you will find that society has created the problem and our current political landscape and not the people who were fortunate to lead healthcare in the right direction before becoming distorted. As a side note, I had a friend sit in an ED in Canada for nearly two days prior to being evaluated and then finally...3 months later got a CT of the head. You pay for what you get...

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