News & Analysis

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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Some female small-biz owners anticipate boost from changes by new administrationRestricted Content

February 9, 2009
Della Pacheco
Some local women business owners are encouraged by the election of President Barack Obama and his appointment of a new chief at the Small Business Administration who is thought to be especially interested in the needs of women-owned businesses.
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Fight brews over liquor distribution in IndianaRestricted Content

February 9, 2009
Cory Schouten
A Florida firm is suing to overturn Indiana's resident-ownership law regarding liquor.
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Credit crunch creates bond crisis for CIBRestricted Content

February 9, 2009
Peter Schnitzler
The Capital Improvement Board's $43 million in debts must be settled soon, or the entity may not be able to survive.
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Purdue researchers tweak CT scanners to help lumber industry find knots, cracks, decay in treesRestricted Content

February 9, 2009
Scott Olson
CT scanners have been used for decades to peer inside humans. Now a Purdue University researcher is training the technology on hardwood trees to help lumber mills get the most value from logs.
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Mall giant says it's in good shape, but takes steps to conserve cashRestricted Content

February 9, 2009
Cory Schouten
Despite assurances of strength, Simon Property Group Inc. has decided to pay 90 percent of its dividend in stock, a move that allows the company to hold onto $925 million in cash this year but could alienate shareholders drawn by the dividend.
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Arts leaders brainstorm for new funding streamsRestricted Content

February 9, 2009
Kathleen McLaughlin

A panel convened by IBJ discusses the lack of funding dilemma and need for broad-based support in the Indianapolis arts community.

 

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Cash-strapped gambling firm pushing bill in Legislature; Centaur trying to recover from Pennsylvania setbackRestricted Content

February 2, 2009
Peter Schnitzler
Centaur is lobbying the Indiana General Assembly to let it transfer 500 slots from its Hoosier Park horse track in Anderson to the Fort Wayne area.
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Entrepreneurs pursuing patient advocacy trendRestricted Content

February 2, 2009
Christopher Lloyd
Patients are seeking help with their doctors, records and referrals as the health care system grows increasingly complex.
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Redevelopment plans threaten Gasoline AlleyRestricted Content

February 2, 2009
Anthony Schoettle
Business owners along the fabled Gasoline Alley north of Rockville Road think a proposal to close a north-south road linking them to the front door of the Indianapolis Motor Speedway will have devastating effects.
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Pitching manufacturing careers a challenge amid slumpRestricted Content

February 2, 2009
Kathleen McLaughlin
The message that Steve Dwyer, recently retired chief operating officer of Rolls-Royce North America, is taking to central Indiana educators is that they still need to train students for careers in manufacturing.
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Airport hotel in limboRestricted Content

February 2, 2009
Anthony Schoettle
The recession, coupled with personnel shifts, have grounded the more than $50-million hotel project adjacent to the new terminal.
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Docs, health insurers battle at StatehouseRestricted Content

February 2, 2009
Katie Maurer
Physicians and insurance companies have entered their fourth year of haggling over insurance payments, and each side is claiming to best represent patients.
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Grant-makers, stung by market crash, favor safety-net causes, discourage new applicantsRestricted Content

February 2, 2009
Kathleen McLaughlin
Some major foundations in central Indiana are narrowing grantmaking criteria so they can funnel their reduced asset streams toward pressing needs brought on by the recession.
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Biotech push may help offset generic competition; some analysts skepticalRestricted Content

February 2, 2009
J.K. Wall
Lilly executives want to make biotech their top focus.
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Indiana continues to have high smoking, obesity rates, and is below average in public health fundingRestricted Content

February 2, 2009
J.K. Wall
Obesity and smoking rates are little changed since Indiana Gov. Mitch Daniels took office in January 2005.
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Battle plan for 11-year-old, veteran-owned company includes adding 100 workers, second Lawrence officeRestricted Content

February 2, 2009
Chris O'Malley
A company founded by military veterans that performs database administration for clients ranging from Fortune 500 companies to the U.S. Department of Defense is adding a second office in Lawrence and plans to hire about 100 more people over the next two years, doubling its staff.
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Foreclosed properties create quandary for financial institutionsRestricted Content

February 2, 2009
Cory Schouten
Real estate holdings of the nonbank-branch variety are growing fast on bank balance sheets.
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Center Township's Drummer stepping down

January 29, 2009
Center Township Trustee Carl Drummer intends to resign from his post to take a lobbying job with Ice Miller LLP, according to a WISH-TV Channel 8 report.
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Union says Navistar foundry closing a surprise

January 28, 2009
Kathleen McLaughlin
United Auto Workers officials are hoping to find a way to keep open the foundry that has been associated with an east-side engine plant for 70 years, despite Navistar International Corp.'s plans to close both facilities by July 31.
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Housing market may have hit bottomRestricted Content

January 26, 2009
Sam Stall
Here's something that passes as good news for central Indiana's moribund housing market: Prices might hold steady this year, after falling nearly 7 percent from their 2006 peak.
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