News & Analysis

Indoor amusement center could have new owner

June 9, 2010
Springfield, Mo.-based America's Incredible Pizza Company is negotiating to purchase Xscape and could have a deal finalized as soon as Wednesday.
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Study: Online doc ratings mostly positive

June 9, 2010
J.K. Wall
Angie’s List physician rating service has been controversial since it started in 2008. But an academic journal article is now telling the docs to relax. Nearly 90 percent of patient comments on sites like Angie’s List are positive.
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Lilly taps O'Connor as state lobbyist

June 9, 2010
J.K. Wall
O’Connor, chief deputy mayor under former Indianapolis Mayor Bart Peterson, started Monday as Lilly's director of state government affairs—working again under Peterson.
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Q&A

June 9, 2010
J.K. Wall
Cheryl Blanchard is chief scientific officer at Zimmer Holdings Inc. in Warsaw and chairman of OrthoWorx, a not-for-profit initiative launched in September to help improve the growth environment for orthopedic companies in Warsaw.
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GM recalling 1.5 million vehicles over fire concerns

June 8, 2010
Associated Press
The recall affects several pickup trucks, sport utility vehicles, crossovers and passenger car models from the 2006 to 2009 model years. GM conducted a similar recall in 2008 but came across new reports of fires in vehicles that had been fixed.
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Proposed development near Lilly campus could include hotel

June 8, 2010
Indianapolis developer Buckingham Cos. is in discussions to build a mixed-use development that could include apartments, shops, office space, and a hotel and conference center.
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Indiana pension fund officer takes N.C. post

June 8, 2010
 IBJ Staff and Associated Press
The chief investment officer for Indiana's public employee pension fund is taking a similar job in North Carolina at a base salary of $320,000.
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Indy entrepreneurs draft plans for 3 microbreweries

June 8, 2010
Cory Schouten
Three local microbreweries—Triton Brewing Co., Bier Brewery & Taproom and Flat 12 Bierwerks—are planning to open in the next few months in a rush inspired in part by the runaway success of homegrown Sun King Brewing Co.
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Rolls-Royce snags $7.5 million military contract

June 8, 2010
 IBJ Staff
Engineers at Rolls-Royce Corp.’s Indianapolis manufacturing facility will work for the next year to design, develop and test an upgrade for a digital engine control the company is making for the U.S. Army’s OH-58 Kiowa Warrior helicopter.
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Benner leaving convention group for Horizon League

June 8, 2010
 IBJ Staff
Well-known local sports columnist Bill Benner is leaving his job at the Indianapolis Convention & Visitors Association to become senior associate commissioner for external affairs for the Horizon League.
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Curtis sues pizza chain over Rockwell painting in ad

June 8, 2010
Bloomberg News
The suit, filed in federal court in Indianapolis, accuses Hungry Howie's Pizza & Subs Inc. of Madison Heights, Mich., of infringing the copyright to a Saturday Evening Post cover first published in 1943.
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Fort Ben home, condos headed to auction

June 8, 2010
Tom Harton
The former home of the commanding general at Fort Benjamin Harrison and four condominiums at the old army base are being auctioned June 17, a reflection of the difficulty of selling high-end condos in a soft real estate market.
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Southern Wine to create 200 jobs in central Indiana

June 8, 2010
 IBJ Staff
The country's largest beer, wine and liquor distributor plans to invest more than $10 million to establish operations in central Indiana, creating 200 jobs at a regional office and distribution center here.
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Obama gives states $250 million to review insurance premiums

June 7, 2010
WellPoint may face the most threat from more aggressive reviews. The Indianapolis insurer is the leader in small-business and individual policies, areas that have seen the biggest increases in recent years.
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Walgreen gets OK to sell booze at 18 more stores

June 7, 2010
Scott Olson
The Local Alcoholic Beverage Board of Marion County recommended permits for 18 of the 28 stores for which Walgreens is seeking to sell alcohol. Approval by the Indiana Alcohol Tobacco Commission could happen as soon as June. 15.
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INSIDE DISH: Peterson's rebounds after rough start, recession

June 7, 2010
Mason King
Petersons Watch VideoJoe Peterson dreamed of opening a high-end restaurant. The start was rough, but it led to breakthroughs at Joe's day job as a manufacturing magnate.
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Daniels inches closer to presidential run

June 7, 2010
Peter Schnitzler
Aiming Higher PAC plans June 15 fundraiser within sight of the White House on Republican Indiana Gov. Mitch Daniels' behalf.
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Most local news broadcasts lost viewers last month

June 7, 2010
Scott Olson
WTHR is still the most-watched TV station for local news, but viewership slipped in several time slots for the NBC affiliate and most of its competitors. Fox station WXIN, however, seems to be bucking the trend.
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Deal adds Verizon Wireless kiosks to all HHGregg stores

June 7, 2010
Peter Schnitzler
Marion-based The Cellular Connection expects to add 500 jobs in 15 states as a result of the agreement with HHGregg.
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55 employees of mail-order MHP Pharmacy firm losing jobs

June 7, 2010
Indianapolis-based MHP Pharmacy's facility on North Meridian Street will close in August as a result of the company's purchase by In Touch Pharmaceuticals in Valparaiso.
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Trailer maker Pace American could close Middlebury plant

June 7, 2010
 IBJ Staff
A cargo trailer maker may close its manufacturing facility in Middlebury, potentially costing 150 workers their jobs.
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Team owners leading symphony's $100M capital campaign

June 7, 2010
Scott Olson
Jim Irsay and Herb Simon join to co-chair fund-raising committee for the Indianapolis Symphony Orchestra, which has encountered financial troubles the past few years.
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Erbitux fails to stop colon cancer before it spreads

June 6, 2010
Bloomberg News
Eli Lilly and Co. and Merck KGaA drug failed to slow tumors in a study designed to expand the medicine's use to patients whose disease is in an earlier stage.
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Tennis groups seek to save some IUPUI courts

June 5, 2010
Anthony Schoettle
The U.S. Tennis Association is asking Mayor Greg Ballard and IUPUI Chancellor Charles Bantz to save some of the courts at the Indianapolis Tennis Center, which is scheduled to be demolished just days after it closes Aug. 5.
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Miller brothers who shared in fortune fighting over $3 million

June 5, 2010
Kathleen McLaughlin
J. Irwin Miller’s two sons have been battling for years over who should have paid expenses on the wealthy Columbus family’s homes and businesses, but their fight isn’t about the money—especially after they inherited at least $20 million apiece.
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  4. The question is, where could they build a new stadium? It seems in the past year, all the prime spots have been spoken for with potential projects. Maybe in the industrial wasteland area a block past Lucas Oil? I think it needs to be close to the core, if a new stadium is built.

  5. Aldi is generally a great shopping experience. Still, I'm sure YOU wouldn't want to shop there, which I consider a positive.

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