News & Analysis

Kiwanis International names executive director

January 15, 2010
Kathleen McLaughlin
Indianapolis-based Kiwanis International on Friday named longtime staff member Stan Soderstrom its executive director. Soderstrom has been the interim executive director since October, when Rob Parker left the organization of service clubs.
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City revamping management of parking operations

January 15, 2010
Scott Olson
The city of Indianapolis is seeking to consolidate management of its parking operations into a single, long-term lease that could net it tens of millions of dollars to make street and sidewalk repairs. City leaders are expected to release a request for proposals "soon."
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UPDATE: Marian already has three possible locations for new medical school

January 15, 2010
J.K. Wall
St. Francis and Westview hospitals are open to hosting the osteopathic-medicine school proposed by the Indianapolis Catholic institution.
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Conexus gets $3.45 million from Lilly Endowment

January 15, 2010
 IBJ Staff
Lilly Endowment Inc. is continuing to support the state's advanced-manufacturing initiative, giving Conexus Indiana a grant to help connect potential workers with the necessary training.
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Gunite Corp. cutting 100-plus jobs at Elkhart plant

January 15, 2010
 IBJ Staff
Beleaguered Elkhart took another hit this week when Illinois-based Gunite Corp. announced plans to move 110 manufacturing jobs to Rockford, Ill., and Brillion, Wis.
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Marian University to launch state's second medical school

January 15, 2010
J.K. Wall
The tiny Catholic institution in Indianapolis has $30 million raised toward new college that could train nearly half as many students as the Indiana University medical school.
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House OKs bill on township government referendums

January 14, 2010
Associated Press
The proposal would allow voters to decide in November whether their township governments should be eliminated and their duties transferred to the county level.
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Republic Airways moving all execs to Indianapolis

January 14, 2010
Associated Press
Republic, which bought Frontier Airlines and Midwest Airlines last year, says it will move all of its executives to its headquarters in Indianapolis.
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Brizzi silent on controversy as he opts against 3rd term

January 14, 2010
Greg Andrews
The written statement Carl Brizzi released Thursday saying he will not seek a third term as Marion County prosecutor makes no reference to the controversy surrounding his business and personal ties with embattled Indianapolis financier Tim Durham.
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National animal-welfare group targets Steak n Shake

January 14, 2010
Andrea Muirragui Davis
The Humane Society of the United States bought $2,000 worth of Steak n Shake stock this week in hopes of getting the company to work with food producers that use humane farming methods.
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Durham trailer-maker sued for nearly $1M

January 14, 2010
Greg Andrews
First Merchants Bank is seeking nearly $1 million from Tim Durham and his companies through a recently filed loan-default lawsuit.
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City leaders getting aggressive about recouping tax breaks

January 14, 2010
Scott Olson
Indianapolis Mayor Greg Ballard said the city expects to recover $5.5 million from companies that failed to meet job requirements. The city will use the money to fund economic development, convention, tourism and education efforts.
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Dow Agro in legal skirmish over canola oil

January 14, 2010
Bloomberg News
Indianapolis-based Dow AgroSciences LLC has sued Cooper Industries Plc in an effort to clarify its rights to make a canola-based fluid used in electrical transformers.
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Basiles give big gift to Carmel performing arts center

January 14, 2010
 IBJ Staff
The center will recognize the donation by naming the cafe and gift shop inside the 1,600-seat concert hall after the Basiles.
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Stericycle to expand in Indianapolis

January 14, 2010
 IBJ Staff
Illinois-based medical waste disposal firm Stericycle Inc. will expand its Indianapolis operations, creating as many as 109 jobs by 2011, the Indiana Economic Development Corp. announced Wednesday.
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Friends of Lincoln Collection raises $6.9M to care for artifacts

January 13, 2010
Kathleen McLaughlin
A group formed to support a prized collection of Abraham Lincoln artifacts has raised $6.9 million in its first six months, including $3 million from Lilly Endowment. Friends of the Lincoln Collection in Indiana announced the fund-raising milestone Wednesday afternoon.
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Report: Insurers secretly funded ads attacking health reform

January 13, 2010
 IBJ Staff
Indianapolis-based WellPoint Inc. reportedly joined fellow health insurance giants to fund TV ads as insurers tempered their support for reform.
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City to bolster economic development funding

January 13, 2010
Scott Olson
Mayor Greg Ballard expected to announce at his State of the City address Wednesday evening that the Indianapolis Convention & Visitors Association and Indianapolis Economic Development Inc. could receive about $1 million each from the city.
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IPL: Changing tree-trimming policy could cost utility $100M

January 13, 2010
Scott Olson
Indianapolis Power & Light Co. made the claim in testimony submitted to the Indiana Utility Regulatory Commission as part of a hearing investigating complaints that the utility's tree-trimming policies are too aggressive.
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Q95 fires 'Mad Dog' Matis

January 13, 2010
Anthony Schoettle
An employee of WFBQ-FM 94.7 since 1986, popular radio personality Jimmy "Mad Dog" Matis has been dismissed.
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Clarian to restart Riley project, reverse pay cuts

January 13, 2010
J.K. Wall
Clarian Health soon will restart work on a new tower at Riley Hospital for Children near downtown Indianapolis and is set to lift other cost-saving restrictions.
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FDA letters scold Lilly, others over marketing materials

January 13, 2010
Associated Press
The letter to Indianapolis-based Lilly cites a print advertisement for the antidepressant Cymbalta that did not adequately display information about the drug's side effects.
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HHGregg shares fall after analyst downgrade

January 13, 2010
 IBJ Staff and Associated Press
Customers are buying fewer high-priced big-screen TVs from electronics chain HHGregg Inc., an analyst said Tuesday as he lowered his investment rating on the company's stock.
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City's sole high school will keep Anderson name

January 13, 2010
Associated Press
The district's school board voted 6-1 Tuesday night for a plan using the Anderson High School building for grades 10-12 starting next fall. The Highland High School building will house grades 7-9.
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Indy man gets 2 years for extorting insurance firm

January 13, 2010
Associated Press
Kevin Stewart stole a computer server that contained the names and confidential information of 900,000 people.
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