News & Analysis

Historic downtown building may be rescued.Restricted Content

March 23, 2009
Cory Schouten
Local developer Halakar Properties Inc. is seeking tax abatement to save an endangered property.
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Noble Roman's stands to lose more than it's worth in legal action by former franchiseesRestricted Content

March 23, 2009
Cory Schouten
More former franchisees have joined a lawsuit against Noble Roman's Inc., raising the prospect that a courtroom loss could sink the locally based pizza chain.
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Stage designer helps theaters bring stories to lifeRestricted Content

March 23, 2009
Ashley Odle
Rob Koharchik, 40, has designed sets for local theaters including IRT and the Civic, developing a national reputation along with a keen eye for detail and an uncanny ability to marry form with function.
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Group wants to redevelop buildings, land near CircleRestricted Content

March 23, 2009
Cory Schouten
Uptown Realty Investors, owners of two vacant buildings and a fenced lot along Washington Street downtown, aren't giving up on redevelopment even after their plans for a $40 million mixed-use structure fell apart.
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Executives make many trips to Washington to argue for 14 years of sales exclusivity for new drugs made from cellsRestricted Content

March 23, 2009
J.K. Wall
Eli Lilly & Co. executives are making many trips to Washington to argue for 14 years of sales exclusivity for new drugs made from cells.
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Banks fighting heists with shrewd precautions, technology

March 23, 2009
Peter Schnitzler
Crime is not random, according to public safety experts, and bank security strategies focus primarily on deterrence.
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Local company out to turn algae into fuel of futureRestricted Content

March 16, 2009
Chris O'Malley
Stellarwind is believed to be the first algae-oil company in Indiana and among dozens of others around the country at the forefront of what's being called the third wave of biofuels production.
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Marsh sues to exit pharmacy vendor agreement, could face up to $61M fineRestricted Content

March 16, 2009
Peter Schnitzler
Marsh Supermarkets Inc.'s attempt to switch to a cheaper supplier of prescription drugs has touched off a legal battle with the current supplier — which suggests it could fine the grocery chain as much as $61 million for reneging on its deal.
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Investment losses leave Conseco searching for $400M in horrible environment to raise capitalRestricted Content

March 16, 2009
J.K. Wall
Without fresh capital â?? or loosened debt obligations â?? Carmel-based Conseco could find itself in bankruptcy or looking for a buyer or both.
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Mays upset with ex-owner of Pathway ProductionsRestricted Content

March 16, 2009
Anthony Schoettle
Pathway Productions, purveyors of some of the highest-profile documentaries to come out of the Indianapolis area in the last decade, is on the brink of extinction.
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Cookie Cutters not trimming back on expansion plansRestricted Content

March 16, 2009
Sam Stall
Cookie Cutters, a locally based franchise that offers children's haircuts, is so sure of its grip on its niche that — in spite of tough economic times — it hopes to increase its tally of franchised locations past 100 within five years.
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Medical, tech entrepreneurs launch matchmaking effort in life sciencesRestricted Content

March 16, 2009
Chris O'Malley
Three entrepreneurs from the medical and software realms are herding angels to invest in upstart life sciences companies in Indiana.
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Quest for new rocket fuel leads scientists to kitchenRestricted Content

March 16, 2009
Sam Stall
At Purdue University, the quest for a new missile and spacecraft fuel has brought together an oil-and-vinegar mix of rocket scientists and food scientists.
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IU journalism school's enrollment spike bucks slumpRestricted Content

March 16, 2009
Anthony Schoettle
At a time when the field of journalism is shedding thousands of jobs, Indiana University's journalism department is seeing record growth.
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Subaru plant ushered in new eraRestricted Content

March 16, 2009
Kathleen McLaughlin
Indiana's $86M incentive package to establish the Subaru plant in Lafayette was initially controversial.
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Attorneys with doctorates in high demandRestricted Content

March 16, 2009
Scott Olson
Lawyers holding doctorates in biotech, biology, chemistry and computer sciences are in high demand by firms with strong intellectual property practices.
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Proprietary developments withering from recessionRestricted Content

March 16, 2009
Scott Olson
Financing is the lifeblood of companies turning intellectual property into a product or service, but turbulent economic conditions have made it increasingly difficult to raise cash from investors who are content to wait out the storm by concentrating on their existing portfolios.
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Indiana firms lash out against patent proposalRestricted Content

March 16, 2009
Michael W.
Four Indiana businesses have joined more than 100 major companies in an open letter to President Barack Obama, outlining what they believe are weaknesses of patent reform legislation now before Congress and voicing concern about its potential economic impact.
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Lawsuit shouldn't spook artists, attorneys sayRestricted Content

March 16, 2009
Rebecca Berfanger
The legal tussle between artist, Associated Press raises doubts about artists' drawing inspiration from the work of their peers.
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Airport CEO pick had host of critics in Florida

March 13, 2009
Chris O'Malley, Scott Olson
John D. Clark, the man nominated to be CEO of the Indianapolis Airport Authority, has been a polarizing figure in Jacksonville, where he’s been CEO of the Florida city’s aviation authority since 2001.
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U.S. 31 project means massive changes for booming retail corridorRestricted Content

March 9, 2009
Chris O'Malley
Lauth Properties alleges in a lawsuit that the state's plan to rebuild 13 miles of U.S. 31 in Hamilton County to freeway standards will cut off access to a property it owns in Westfield, killing plans for a Wal-Mart there.
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Health care IT firms rushing to grab share of stimulusRestricted Content

March 9, 2009
J.K. Wall
The stimulus bill has prompted Indiana businesses and not-for-profits that deal in medical records to look for partners to help them meet the challenge of making those records electronic in five years.
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C.P. Morgan's demise puts 2,000 home sites on market already overwhelmed with landRestricted Content

March 9, 2009
Cory Schouten
The end of C.P. Morgan, the largest central Indiana builder for a decade, will throw 1,200 home lots and options for 800 more onto an already flooded land market.
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Venture capital fund launched by up-and-comers buys into Vontoo, Compendium BlogwareRestricted Content

March 9, 2009
Peter Schnitzler
Several venture capitalists — a generation younger than most in the profession — are establishing themselves in Indianapolis.
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Y&L starts digital unit; first rollout in decadeRestricted Content

March 9, 2009
Anthony Schoettle
Young & Laramore, the city's largest advertising agency, has launched a division focusing on digital and design work.
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  1. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  2. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

  3. Good try, Mr. Irwin, but I think we all know the primary motivation for pursuing legal action against the BMV is the HUGE FEES you and your firm expect to receive from the same people you claim to be helping ~ taxpayers! Almost all class action lawsuits end up with the victim receiving a pittance and the lawyers receiving a windfall.

  4. Fix the home life. We're not paying for your child to color, learn letters, numbers and possible self control. YOU raise your children...figure it out! We did. Then they'll do fine in elementary school. Weed out the idiots in public schools, send them well behaved kids (no one expects perfection) and watch what happens! Oh, and pray. A mom.

  5. To clarify, the system Cincinnati building is just a streetcar line which is the cheapest option for rail when you consider light rail (Denver, Portland, and Seattle.) The system (streetcar) that Cincy is building is for a downtown, not a city wide thing. With that said, I think the bus plan make sense and something I shouted to the rooftops about. Most cities with low density and low finances will opt for BRT as it makes more financial and logistical sense. If that route grows and finances are in place, then converting the line to a light rail system is easy as you already have the protected lanes in place. I do think however that Indy should build a streetcar system to connect different areas of downtown. This is the same thing that Tucson, Cincy, Kenosha WI, Portland, and Seattle have done. This allows for easy connections to downtown POI, and allows for more dense growth. Connecting the stadiums to the zoo, convention center, future transit center, and the mall would be one streetcar line that makes sense.

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