News & Analysis

Local marketing firm inks deal with Jeff Gordon

February 15, 2010
Anthony Schoettle
Just Marketing International signs NASCAR star Jeff Gordon to a contract sports business experts say is a multimillion dollar deal for the local firm.
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Wintry weather testing work snow-day policies

February 15, 2010
Scott Olson
Coping with wintery blasts is made easier by advancements in work-from-home technology. But different kinds of companies have different policies when it comes to giving employees the option to telecommute or blow off the workday altogether.
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Fed up with Congress, Bayh will not run for third term

February 15, 2010
 IBJ Staff and Associated Press
U.S. Sen. Evan Bayh has a news conference scheduled for 2 p.m. at IUPUI's University Place Conference Center and Hotel, where he will announce that he won't run for re-election. "I  do not love Congress," he said in a prepared statement.
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Ivy Tech, IPIC snare $10M in job-training grants

February 15, 2010
 IBJ Staff
Programs will bolster job opportunities for some 1,700 Indiana workers in sectors including health care and advanced manufacturing.
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Gambling to remain an issue in General Assembly

February 13, 2010
Associated Press
Issue likely to land in House, Senate conference committee.
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Banks suing Broadbent, pushing one strip center into bankruptcy

February 13, 2010
Peter Schnitzler
Locally based Broadbent Co.’s legal battles with lenders have escalated, pushing one of its 34 strip malls into bankruptcy and prompting Huntington National Bank and PNC Bank to sue to collect principal owed on loans tied to four more.
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Local convention activity warming up during winter months

February 13, 2010
Anthony Schoettle
Once considered a destination only eight months of the year, Indianapolis—with its compact downtown and indoor walkways—is emerging as a convention powerhouse even during cold weather.
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Clarian, IU plan $100 million neurosciences center

February 13, 2010
J.K. Wall
Clarian Health and the Indiana University School of Medicine want their planned neurosciences hub to become a destination for patients suffering from brain, nerve and mental maladies—and for the government and industry research dollars that can fuel advances in care.
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Census expected to show Hamilton County tops in coveted demographics

February 13, 2010
Kathleen McLaughlin
Hamilton County is poised to become the demographic all-star of the decade. Its 269,785 residents make up the fastest-growing, most educated and wealthiest county in the state, according to estimates from the Indiana Business Research Center.
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Republic stock falls following departure of Frontier execRestricted Content

February 13, 2010
Chris O'Malley
CEO Bryan Bedford remains at the helm, but shares of Republic Airways have fallen nearly 30 percent following the departure of an executive deemed key to the operation of the regional airline’s first two branded carriers, Frontier Airlines and Midwest Airlines.
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ICVA chief: Downtown Indianapolis will need another big hotelRestricted Content

February 13, 2010
Scott Olson
The 1,000-room J.W. Marriott isn’t even finished and support already is emerging for a second downtown hotel that would rival it in size.
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PTS sues Roche Diagnostic to end blood-monitor royalties

February 13, 2010
J.K. Wall
Polymer Technology Systems Inc., a small Indianapolis-based maker of handheld blood monitors, has gone to court to fight a competitor more than 100 times its size: Roche Diagnostics Corp.
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State exporters poised to benefit from Obama effortRestricted Content

February 13, 2010
Kathleen McLaughlin
Overseas sales are a major emphasis for Indianapolis-based Peerless Pump, which makes highly engineered pumps for fire suppression, factories and waterworks. President Obama’s administration wants to help rebuild the U.S. economy by putting more companies on Peerless’ trajectory.
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East-west rail line could boost Indianapolis' coreRestricted Content

February 13, 2010
Chris O'Malley
With traffic congestion growing, the idea of sending streetcars zipping down Washington Street—from far-east-side Cumberland to Indianapolis International Airport on the west—is making a return. And the route could offer the best bang for the buck in spurring transit-oriented development.
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Development firm Sandor leaving midtown for CarmelRestricted Content

February 13, 2010
Cory Schouten
Strip-center owner and developer Sandor Development Co. is moving its headquarters to Hamilton County after almost 50 years in Indianapolis.
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IBJ Media president leaving after 30 years

February 12, 2010
Scott Olson
Chris Katterjohn told IBJ employees Friday morning that he would leave at the end of February. Katterjohn has spent 30 years with the firm, including the past 20 years as publisher of the company's flagship Indianapolis Business Journal.
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Could WellPoint woes breathe life into health reform?

February 12, 2010
J.K. Wall
The firestorm created this week by Indianapolis-based health insurer WellPoint's spike in premiums could resurrect some parts of the languishing health reform bills.
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Local investment firm sold

February 12, 2010
Indianapolis-based Redwood Investment Advisers Ltd. has been purchased by a firm in Portland, Ore. Redwood, whose clients include physicians and physician groups, has $350 million in assets under management.
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Patrick's stock-car foray wins sponsor big-dollar exposure

February 12, 2010
Anthony Schoettle
Danica Patrick's initial thrust into stock-car racing earned her sponsor $230,000 in media exposure, according to a research firm. Her next race on Feb. 13 should generate much more.
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Local officials interested in hosting NBA All-Star Game

February 12, 2010
Anthony Schoettle
With Lucas Oil Stadium and other new city amenities to show off, local sports and tourism officials are considering making a bid for the NBA's midseason blowout weekend.
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Opera chief: Group won't fold

February 12, 2010
Kathleen McLaughlin
Forced to cancel its upcoming production of "The Mikado," the Indianapolis Opera hopes more cuts will help fill a $400,000 budget gap.
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Columbia City plant to close, nixing 135 workers

February 12, 2010
 IBJ Staff and Associated Press
Fort Wayne Foundry Corp. will shutter the auto parts factory for the second time in a year, as its jobs head to Mexico, according to a union official.
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Judge weighing request to unseal Fair Finance records

February 11, 2010
 IBJ Staff
A federal judge is weighing whether to unseal search-warrant documents related to the federal investigation of businessman Tim Durham and Akron, Ohio-based Fair Finance Co. following a hearing Thursday in Youngstown, Ohio.
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Remy inks deal to supply hybrid motors to Allison

February 11, 2010
Chris O'Malley
Remy International and Allison Transmission will work together on a hybrid commercial truck program. Latest supply deal to boost Remy's Anderson factory.
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Fair Finance going along with appointment of receiver

February 11, 2010
Greg Andrews
Attorneys for the company and its parent firm denied any fraud occurred but said receivership nonetheless made sense.
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  1. If what you stated is true, then this article is entirely inaccurate. "State sells bonds" is same as "State borrows money". Supposedly the company will "pay for them". But since we are paying the company, we are still paying for this road with borrowed money, even though the state has $2 billion in the bank.

  2. Andrew hit the nail on the head. AMTRAK provides terrible service and that is why the state has found a contractor to improve the service. More trips, on-time performance, better times, cleanliness and adequate or better restrooms. WI-FI and food service will also be provided. Transit from outlying areas will also be provided. I wouldn't take it the way it is but with the above services and marketing of the service,ridership will improve and more folks will explore Indy and may even want to move here.

  3. They could take the property using eminent domain and save money by not paying the church or building a soccer field and a new driveway. Ctrwd has monthly meetings open to all customers of the district. The meetings are listed and if the customers really cared that much they would show. Ctrwd works hard in every way they can to make sure the customer is put first. Overflows damage the surrounding environment and cost a lot of money every year. There have been many upgrades done through the years to help not send flow to Carmel. Even with the upgrades ctrwd cannot always keep up. I understand how a storage tank could be an eye sore, but has anyone thought to look at other lift stations or storage tanks. Most lift stations are right in the middle of neighborhoods. Some close to schools and soccer fields, and some right in back yards, or at least next to a back yard. We all have to work together to come up with a proper solution. The proposed solution by ctrwd is the best one offered so far.

  4. Fox has comments from several people that seem to have some inside information. I would refer to their website. Changed my whole opionion of this story.

  5. This place is great! I'm piggy backing and saying the Cobb salad is great. But the ribs are awesome. $6.49 for ribs and 2 sides?! They're delicious. If you work downtown, head over there.

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