News & Analysis

NCAA, NBA forging youth hoops pactRestricted Content

March 17, 2008
Anthony Schoettle
Professional and collegiate basketball are on the brink of a landmark agreement that hoops insiders said will change the landscape of the sport in this country. Proponents say it would be good for basketball, but others say it's an attempt to further commercialize the sport.
More

Texas investor wins over Steak n Shake shareholders, aims for chairmanship

March 17, 2008
Cory Schouten
Texas investor Sardar Biglari rode a wave of shareholder anger to a landslide victory in his quest for Steak n Shake Co. board seats. Now, the dissident 30-year-old investor who models his approach after Warren Buffett's is hoping to deliver on his promise to turn around the Indianapolis-based chain, with or without the chairmanship he covets.
More

Knauf plans state's first 'gold-certified' buildingRestricted Content

March 17, 2008
Chris O'Malley
in an uncommon move among Indiana manufacturers typically more preoccupied with foreign competition and deteriorating margins, Knauf Insulation is rebuilding its research and development facility, destroyed in a fire last year, to make it 30 percent more energy-efficient than a conventional office building of its size.
More

Proposals to loosen Indiana's wine distribution system failRestricted Content

March 17, 2008
Jonathan Hiskes
At IBJ press time, the General Assembly was set to close another session without significant change to the state's complex alcohol distribution system, ensuring another year of wrangling between wineries and wholesalers. A proposal to raise the direct shipping limit to 10,000 cases failed. So did a broader deregulation bill brought by a new Indiana wine drinker's group, VinSense.
More

Creditor pursues troubled Premier's property

March 10, 2008
Cory Schouten
Wachovia Bank has begun foreclosure proceedings on one of Premier  Properties  USA Inc.’s most prized developments, a giant Ohio lifestyle center anchored by Target and J.C. Penney.
More

Local restaurants add sites, consider taking on chainsRestricted Content

March 10, 2008
Jennifer Whitson
Several local eateries are going through a growth spurt, adding locations despite central Indiana diners' reputation for being addicted to national chains. Ironically enough, the expansions could be the first step in transforming the local restaurants into chains themselves.
More

College Summit's goal is more skilled workersRestricted Content

March 10, 2008
Tracy Donhardt
Business leaders and educators agree on what's needed to improve Indiana's economic health and enhance its place in the global economy: a larger pool of skilled workers. Toward that end, a group of notfor-profits is expanding a program to get more low-income Indianapolis students to further their education after high school.
More

Museum of Art fashion show to highlight local designersRestricted Content

March 10, 2008
Gabrielle Poshadlo
It's not easy to make a living in high fashion, especially in a city where the "garment district" extends only to the nearest Hancock or Jo Ann Fabrics. Still, Indianapolis has a little something up its sleeve--more than a dozen designers who are prepping their collections for "Project IMA," a fashion show modeled after Bravo's reality hit "Project Runway."
More

Oprah's beau advises struggling Pacers on image managementRestricted Content

March 10, 2008
Anthony Schoettle
Best-selling author Stedman Graham says professional athletes should think of themselves as "a corporation unto themselves." Graham--perhaps best known as television star Oprah Winfrey's boyfriend--brought that message to the Indiana Pacers during a three-hour private seminar in late January designed to get the players to rethink the importance of their individual images.
More

IU follows Purdue lead, overhauls business-development strategyRestricted Content

March 10, 2008
Peter Schnitzler
Indiana University President Michael McRobbie calls it "Innovate Indiana." His ambition is to corral all of IU's strengths under one new branded initiative to boost the Hoosier economy. Purdue University already has leveraged a similar strategy, promoted with "Go BusinessMakers!" billboards, to national acclaim.
More

Creditor pursues Premier propertyRestricted Content

March 10, 2008
Cory Schouten
Wachovia Bank has begun foreclosure proceedings on one of Premier Properties USA Inc.'s most prized developments, a giant Ohio lifestyle center anchored by Target and J.C. Penney. The Charlotte, N.C.-based bank also is foreclosing on a vacant former Wal-Mart store in front of Premier's Metropolis mall in Plainfield.
More

Centaur tempted to buy Aztar casinoRestricted Content

March 3, 2008
Peter Schnitzler
Indiana riverboat casinos don't go up for sale every day. So when one becomes available, it's bound to spark interest. Hence, the dilemma facing Centaur Inc., the Indianapolis-based casino developer.
More

Many of state's new jobs are at call centersRestricted Content

March 3, 2008
Cory Schouten
The state's economic development leaders have been touting 2007 as a banner year that brought commitments for more than 22,000 new jobs, including positions in manufacturing, logistics and life sciences. But almost 20 percent of the announced jobs would be in call centers--jobs that typically pay near or below the state's $35,000 average annual wage.
More

Browning eyes airport landRestricted Content

March 3, 2008
Chris O'Malley
Browning Investments is contemplating developing a business park just north of Indianapolis International Airport in what would be the largest development to date in the so-called Minnesota Street corridor.
More

Rug dealers' going-out-of-business sales aren't always what they seemRestricted Content

March 3, 2008
Tracy Donhardt
Phony going-out-of-business sales long have plagued Oriental rug retailing here and across the country, dealers say. The industry is susceptible because Oriental rugs can cost thousands of dollars, and many consumers lack the expertise to judge whether a rug's quality matches its price.
More

Open-wheel reunion creating more business opportunitiesRestricted Content

March 3, 2008
Anthony Schoettle
In the end, the catastrophic sponsorship shift from open-wheel racing to NASCAR became too much to ignore, driving the long-divided sides of Champ Car and the Indy Racing League back into a unified series.
More

College endowments growing, but so is tuitionRestricted Content

March 3, 2008
Tracy Donhardt
Endowments at Indiana colleges and universities are soaring, due in part to impressive investment returns in recent years. The swelling coffers here and across the nation are stoking the debate over whether universities should be using more of their wealth to hold down tuition increases.
More

Sampson scandal may repel IU donorsRestricted Content

February 25, 2008
Anthony Schoettle
Based on 50 conversations IU Foundation President Curt Simic had with donors the week after news broke of the potential firing of men's basketball coach Kelvin Sampson over alleged NCAA improprieties, the chief of Indiana University's philanthropic arm says he has little fear the latest athletic department controversy will affect financial support to the school.
More

Against odds, AlGalCo pursues 'Holy Grail' of power cellsRestricted Content

February 25, 2008
Sam Stall
A small West Lafayette technology startup has quietly unveiled a product that might, just might, change the world. At the TechAdvantage Conference and Expo in Anaheim, Calif., on Feb. 20, Kurt Koehler, CEO, co-founder (and, for the moment, sole employee) of AlGalCo LLC, showed off a pre-production hydrogen-powered emergency generator.
More

Streetcars work in Portland, but viability here uncertainRestricted Content

February 25, 2008
Chris O'Malley
If the introduction of modern streetcars to one West Coast city can be replicated here, Indianapolis would see new, higher-density housing and related retail and restaurants shadowing the line. Fallow areas crossed by the tracks would become fertile for new investment. At least that was the case in Portland, Ore., a city mesmerizing to Indianapolis civic leaders, who last month formed Downtown Indianapolis Streetcar Corp. They risk being run out of town on a rail: a streetcar line will cost...
More

Bond market turmoil could raise costs for stadium, other projectsRestricted Content

February 25, 2008
Peter Schnitzler
The debt strategy Gov. Mitch Daniels' top financial officials developed to save the state money on major projects like Lucas Oil Stadium has turned sour.
More

Kite lands in hot retail spotRestricted Content

February 25, 2008
Cory Schouten
Another high-profile local developer is making a move to capitalize on the city's hottest retail corridor, joining mall giant Simon Property Group Inc. and upstart Premier Properties USA Inc. Kite Realty Group Trust paid $18.3 million for Rivers Edge shopping center, a 111,000-square-foot property just east of Clearwater Crossing.
More

Clarian buys piece of Indiana Heart HospitalRestricted Content

February 25, 2008
J.K. Wall
Clarian Health has acquired a controlling stake in a cardiology practice based at the Indiana Heart Hospital, which is owned by Clarian competitor Community Health Network.
More

City getting new marathonRestricted Content

February 11, 2008
Anthony Schoettle
Organizers for a new Indianapolis marathon and half-marathon think the event will become a national draw, showcasing downtown monuments and historic neighborhoods. The first Indianapolis Monumental Marathon, to be held Nov. 1, is the brainchild of Carlton Ray, a former city engineer who worked in the Hudnut, Goldsmith and Peterson administrations.
More

Memory Gardens lawsuit seeks $20 millionRestricted Content

February 11, 2008
Louis Jones
An Indianapolis law firm has filed a class-action suit seeking more than $20 million from a pair of financial-services firms it says facilitated the transactions that allowed a New Jersey couple to plunder cemetery trust funds. Cohen & Malad LLP filed the lawsuit late last month on behalf of thousands of customers of Indianapolis-based Memory Gardens Management Corp., which owns Memory Gardens in Greenwood, Lincoln Memory Gardens in Boone County and other cemeteries. The defendants are the company, New York-based...
More
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Hello Dear Are you tired of Seeking Loans and Mortgages,have you Been Turned down constantly By your banks and Other Financial Institutions or Micro Finance scheme. This is let you know with 100% guarantee that we Offer loans ranging from $1,000 Minimum to $1,000,000.00 Maximum at 3% interest rate per Month. We give out LOANS for developing business. a competitive edge/business expansion. email address: michealscottloan124@gmail.com We offer the following kinds of loans and many more; * Personal Loans ( Unsecured Loan) * Business Loans ( Unsecured Loan) * Consolidation Loan * Combination Loan * Home Improvement * Xmas Loans for contact to seek for loan email this email address: michealscottloan124@gmail.com Thanks

  2. My name is Mr Henry Josh and i live in the USA California and life is worth living right now for me and my family and all this is because of one man sent by GOD to help me and my family, i once had a life filled with sorrow because my first SON needed a kidney transplant and all our savings were going towards his medications and this normally leaves us with no money to pay our bills or even put enough food on our table and our rent was due and no funds to pay these bills and life felt so unfair to me and every night my wife will cry herself to sleep every night until one day, i was browsing through yahoo answers and i saw a striking advert of a man that gives out personal loans and that the offer is opened to all and i have heard so many things about internet scams but at this point of my life, i was very desperate and ready to take any risk and at the end of the day, i applied for this loan and from one step to another, i got my loan within 12 hours through bank transfer and you know, it was all like a dream and i called Mr Daniel Jones A Man who is the GOD sent lender i found and said, i have received my loan and he smiled stating that to GOD be the glory and i was so shocked as i have never ever seen anyone with such a GOD fearing and kind heart and today, i am the happiest man on earth because by GOD’S grace, my SON kidney transplant was successful and today he is healthy, i and my family are living very comfortable and happy and if you are in my former situation or in serious and legitimate need of a loan, you can reach this GOD sent lender via fidelityloanfirm@outlook.com

  3. Greetings to everyone reading this comment!!! I am Greg William by name. I am out here to recommend the effort of Mark Oscar,I was in need of a consolidation loan amount of 50,000 and as soon as I got in contact with Mark Oscar Loan Firm on Wednesday last week and on Friday last week as well I receive an alert from my bank(Royal Bank of Scotland Group) that the fund was transferred,I want everybody on this site to contact Mark Oscar now via email on how to get a loan because I got my loan from them and I am very happy,so contact them now. Oscarloanfinance@hotmail.com Thanks!!!!!!

  4. Elected officials, like Mourdock, get vested in 8 years. It takes 10 years for all other public employees, most of whom make a lot less money. So much for the promise to finish out his term.

  5. Great state treasurer and a good man!! Just curious if the folks who didn't quite understand his quote would like to tell my daughter-in-law that God didn't intend her! Mourdock's comment was correct but twisted and the article didn't mention that his opponent and the press let the impression stand that Mourdock meant that the rape was intended. Stupid people!!

ADVERTISEMENT