News & Analysis

Conventions going high-tech with RFIDRestricted Content

February 23, 2009
Anthony Schoettle

Radio frequency identification—better known as RFID—is making its way to trade shows and conventions, providing a plethora of information about attendees.

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After two decades, future bright for Catheter Research Inc.Restricted Content

February 23, 2009
J.K. Wall
Catheter Research Inc. now is flying high—even in the midst of a bad economy.
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ICVA seeks extra $15M to market new centerRestricted Content

February 23, 2009
Anthony Schoettle
The Indianapolis Convention & Visitors Association says it needs more sales and marketing firepower to fill an expanded convention center and adjacent hotels. That means asking the city's Capital Improvement Board—one of ICVA's primary sources of funds—for a budget increase of up to 50 percent at the worst possible time.
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Seasoned stock pros size up slumpRestricted Content

February 23, 2009
Sam Stall
Media pundits regularly call the current economic crisis the worst since the Great Depression. One of the few Indianapolis financial experts who's actually qualified to make such a comparison is Donald C. "Danny" Danielson, the 89-year-old vice chairman of City Securities Corp.
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DeHaan's Christel House plots high school, foreign growthRestricted Content

February 23, 2009
J.K. Wall
Christel House Academy, a K-8 charter school, launched a campaign this year to raise money for a $5 million high school, with classes starting in the 2010-2011 school year.
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Compendium casts eye on national blog marketRestricted Content

February 23, 2009
Chris O'Malley
Two-year-old tech startup Compendium Blogware has launched its first out-of-state sales force and said it signed on 70 new customers in the fourth quarter.
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Privacy, expense are concerns for RFID technologyRestricted Content

February 23, 2009
Anthony Schoettle
The vast amounts of personal information capable of being stored through RFID raises privacy concerns. And the cost is significantly greater than standard bar codes.
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GM workers hesitate to bite at buyout baitRestricted Content

February 16, 2009
Kathleen McLaughlin
GM workers must decide by March 24 whether to take a buyout, but the lack of jobs due to the recession coupled with the cost of health care makes their decision especially difficult.
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Indians concerned about possible ticket taxRestricted Content

February 16, 2009
Anthony Schoettle
Some local officials wrestling with the Capital Improvement Board's $37 million deficit think part of the profit made by the Indianapolis Indians could be used to narrow that deficit, but Indian officials balk at that idea because they say they've already paid more than their share.
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Dow may need to sell Indy's Dow AgroSciencesRestricted Content

February 16, 2009
Peter Schnitzler
Financially strapped Dow Chemical Co. acknowledges it may sell Indianapolis-based Dow AgroSciences LLC, the ag-chemicals-and-biotech firm that's one of the biggest jewels in the city's life sciences crown.
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Indianapolis' sewer project will be the city's biggest public works undertaking since the interstate highway systemRestricted Content

February 16, 2009
Chris O'Malley

City engineers and consultants are fine-tuning plans to build a colossal tunnel to temporarily store water and raw sewage that now shoots into local waterways during rain storms.

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Family foundations represent nearly $1 billion in Hoosier assetsRestricted Content

February 16, 2009
Kathleen McLaughlin
Although family foundations may grant as little as $50,000 in a year, these foundations wield influence over other philanthropists, and one advocate says they could help guide the spending of billions of economic stimulus money.
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Fast-growing Tuitive seeks to put unintuitive programmers in back seat of software, Web designRestricted Content

February 16, 2009
Chris O'Malley
Jonathan Arnold sees big business potential in his firm "Tuitive," which specializes in cleaning up the confusion caused by programmers, who often put features and functionality ahead of making their product intuitive to use.
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Jefferson Plaza renovation approaches endRestricted Content

February 16, 2009
Katie Maurer

The Jefferson Plaza renovation, which has been renamed Allen Plaza after its developer, will include restaurants, office space, condos, and is also working to achieve LEED environmental certification.

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Advanced energy next focus for economic developmentRestricted Content

February 16, 2009
Chris O'Malley
The Central Indiana Corporate Partnership—the parent of the BioCrossroads, TechPoint and Conexus industry cluster initiatives—let it be known last month that there would be a fourth leg to its economic development stool: clean technology.
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Leaders driven to finish road linking Interstates 74, 70Restricted Content

February 16, 2009
Kathleen McLaughlin
Recently elected as a Hendricks County commissioner, Eric Wathen says his top priority is to complete the long-promised Ronald Reagan Parkway, which would open a congestion-free path through the suburbs of Brownsburg, Avon and Plainfield.
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CIB could ask for $34 million in write-offs from Circle Centre investors to ease deficitRestricted Content

February 16, 2009
Cory Schouten
A group of mostly local companies that made big investments to help launch Circle Centre mall soon could be asked to write off a portion of profits they agreed to redirect into the construction of Conseco Fieldhouse.
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Republic Airways loses DOT appeal to keep financial info from public, other regional airlinesRestricted Content

February 16, 2009
Chris O'Malley
The U.S. Department of Transportation has denied a request by Republic Airways Holdings to continue keeping financial data on two of its airlines confidential. It's a practice the CEO of JetBlue Airways called "gaming" of DOT rules.
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Finish Line ready to test new storeRestricted Content

February 16, 2009
Cory Schouten
Finish Line is rebranding its Man Alive stores as Decibel stores.
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Local contractors looking to sewer project to fill gap left by stadium, terminalRestricted Content

February 16, 2009
Chris O'Malley
Local contractors will be ready to pounce when bidding on the first parts of the combined overflow project begins in 2011.
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Pacers: We've lost money 9 of last 10 yearsRestricted Content

February 9, 2009
Anthony Schoettle
Swamped by financial losses that go back to the time Herb and Mel Simon bought the Indiana Pacers in 1983, team officials are now looking for a new game plan—one that may involve financial assistance from taxpayers and visitors.
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Automation hitting new levels at distribution centersRestricted Content

February 9, 2009
Sam Stall
In early April, the 110,000-square-foot Indianapolis distribution center of California-based medical-device supplier DJO Inc. will quietly roll out a revolutionary automated package-handling system.
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Health care interests wary of state's cost-cutting idea for MedicaidRestricted Content

February 9, 2009
J.K. Wall
Indiana Medicaid officials want to take over management of all its patients' prescription drugs because they say it could save the state as much as $40 million a year.
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Credit crisis reverses student lender's growthRestricted Content

February 9, 2009
J.K. Wall
ISM Loans is waiting to re-enter markets after halting its lending, changing its leadership and cutting 100 workers.
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NASA contracts soaringRestricted Content

February 9, 2009
Chris O'Malley
NASA begins to award more grants to Indiana firms and universities.
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