News & Analysis

Lottery privatization hinges on contractor's bolstering salesRestricted Content

December 25, 2006
Peter Schnitzler
To make the hefty payments to the state Gov. Mitch Daniels demands and still turn a profit, a private operator taking over the Hoosier Lottery would need to boost revenue by hundreds of millions of dollars a year.
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Firearm advocates take aim at employers' restrictionsRestricted Content

December 25, 2006
Peter Schnitzler
Legislators in the upcoming session of the Indiana General Assembly are gearing up for a gunfight with high-caliber business implications. On one side are employees who prefer to pack heat during their commute. On the other are executives who see guns as a liability nightmare--even if they're locked in cars parked outside.
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Carmel company helps clients determine next big thingRestricted Content

December 25, 2006
Justin Hesser
The employees of production-innovation consultant Insight2 interview customers, but they also watch and videotape them using various products. That footage then is dissected to see how consumers deal with problems they encounter. More times than not, the result is a new product intended to satisfy needs consumers didn't even know they had.
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Analysis shows little savings in biz-group consolidation

December 18, 2006
Peter Schnitzler
The merger of four of central Indiana's biggest business development organizations might achieve only modest cost savings, or even be more expensive than the status quo, a confidential financial analysis obtained by IBJ shows.
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Randy's Toy Shop breathes life into ailing play things

December 18, 2006
Anthony Schoettle
Randy Ibey, owner of Randy's Toy Shop in Noblesville, is legendary among antique toy collectors and dealers worldwide. Ibey can fix more kinds of toys than an elf in Santa's workshop--from a German tin soldier created in the 1850s to a remote-control Pluto made a century later.
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More givers asking not-for-profits to meet goals before getting donationsRestricted Content

December 18, 2006
Jennifer Whitson
Restricted gifts have long been common among foundations and corporate funders, but now individuals are getting into the act, too. Experts say more donors are attaching conditions to their contributions to encourage the recipient to push itself to achieve.
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Luxury Conrad hotel off to bumpy startRestricted Content

December 18, 2006
Cory Schouten
For its first nine months, occupancy at the Conrad Indianapolis has lagged the downtown average. Rates have fallen as the hotel tries to fill more rooms. Employees have worked behind the scenes to fix kinks.
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Cities losing cable powerRestricted Content

December 18, 2006
Chris O'Malley
In the last several weeks, cable TV operator Comcast has sent out 26 "Dear John" letters to Indianapolis and other metro-area cities, informing them it has dumped its local cable franchise agreements and gotten hitched to a single, statewide video franchise.
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Stadium walkway carries $10M tabRestricted Content

December 18, 2006
Anthony Schoettle
An enclosed connector is set to be built, partly underground, that will link Lucas Oil Stadium to the soon-to-be expanded Indiana Convention Center. It will span about a quarter of a mile and cost more than $10 million.
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Mixing religion, business leads to risks, rewardsRestricted Content

December 11, 2006
Peter Schnitzler
Navigating the intersection between creed and commerce can betricky. Fearing lawsuits, many companies prefer to avoid it whenever possible. But others unabashedly intertwine religion and business.
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H.H. Gregg betting big on flat screensRestricted Content

December 11, 2006
Cory Schouten
Locally based Gregg Appliances Inc. found itself flat-footed last holiday season when consumers demanded flat-panel TVs. The popular televisions were in short supply at H.H. Gregg stores. This year, Gregg has bet on a huge selection of flat-panel TVs to buoy sales.
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Complaints accuse Lilly of illegally marketing ZyprexaRestricted Content

December 11, 2006
Tom Murphy
Eli Lilly and Co. is facing another round of litigation over its star seller, Zyprexa, as insurers and third-party payers ask to be reimbursed for covering the antipsychotic drug.
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Shoopman ready to build againRestricted Content

December 11, 2006
Jennifer Whitson
Paul Shoopman put 33 years into Dura Builders Inc. before selling his residential construction firm to national player KB Home Inc. as the local housing market boomed. Two years later, he's getting back into the business even as KB and others retrench.
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Stewart helping promote Indiana to racing companiesRestricted Content

December 11, 2006
Anthony Schoettle
City and state officials are igniting a souped-up effort to draw motorsports-related companies here, and they're enlisting Hoosier-born NASCAR champ Tony Stewart to help drive their message home.
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Agreement forces INDOT to clean rest areasRestricted Content

December 4, 2006
Chris O'Malley
Many of Indiana's 36 rest areas have in recent years dumped illegal amounts of ammonia nitrogen and E.coli bacteria into nearby streams, state records show.
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Crystal Food Services to go nationalRestricted Content

December 4, 2006
Cory Schouten
Crystal Food Services plans to team with several prominent restaurant chains for a nationwide expansion after severing ties with Marsh Supermarkets Inc. early next year. The locally based catering and food-service company will report directly to Florida-based Sun Capital Partners, which acquired Marsh in September.
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Pacers seek bigger share of NBA revenueRestricted Content

December 4, 2006
Anthony Schoettle
Indiana Pacers co-owner Herb Simon has thrown his support behind an effort to pressure National Basketball Association Commissioner David Stern to implement more aggressive revenue sharing among NBA franchises.
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Canal site picked for $33M projectRestricted Content

December 4, 2006
Jennifer Whitson
A local developer plans to build a $33 million, four-story apartment and retail complex on the Central Canal just north of Michigan Street. Flaherty & Collins Properties has the three-acre parcel under contract from American United Life Insurance Co.
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Starbucks pours it on in IndianaRestricted Content

December 4, 2006
Cory Schouten
Over the last seven years, Starbucks has inundated virtually every corner of the Hoosier landscape. And the company has no plans to slow down. Several Indiana towns--from Gas City to Angola, Batesville to Bluffton--will get their first Starbucks in 2007.
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IPL plan secrecy brings rebuke from watchdog groupRestricted Content

December 4, 2006
Chris O'Malley
The state's public access counselor says Indiana's utility regulators failed to make a legal case for keeping information about Indianapolis Power & Light's controversial "Elect Plan" out of public view.
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State's venture capital incentive seldom usedRestricted Content

November 27, 2006
Peter Schnitzler
Since the inception of the state's Venture Capital Investment Tax Credit in late 2003, investors have claimed only about one-third of the $37.5 million in credits available, according to an IBJ analysis of the program.
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Sympathy for New Orleans may ruin Indy's Super Bowl bidRestricted Content

November 27, 2006
Anthony Schoettle
The stiff competition facing Indianapolis' bid for the 2011 Super Bowl just got stiffer. Besides Glendale, Ariz., and Dallas, New Orleans officials have told NFL officials and team owners they want to host the championship game again as part of the city's recovery from Hurricane Katrina.
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Mellencamp a reluctant pitchman in Chevy adRestricted Content

November 27, 2006
Anthony Schoettle
U.S. celebrities making pitches for large corporations is nothing new. But John Mellencamp has been long known as an artistic purist with a disdain for commercialism. His debut this fall as a pitchman for Chevrolet's Silverado pickup truck has surprised many and touched off a torrent of criticism.
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Faced with competition, record shops look for fresh ways to rockRestricted Content

November 27, 2006
Marc D. Allan
Music CD sales are falling--down 8 percent so far in 2005--while digital downloading of music jumped 163 percent. And nearly one-third of the nation's record stores have closed in the past three years. Even so, Indianapolis record-store owners say they've been reasonably successful adapting to a changing marketplace.
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Biz park plan west of Plainfield counting on cheaper landRestricted Content

November 27, 2006
Jennifer Whitson
Plans are in place for a 400-acre mixed-use development off Interstate 70 just west of Plainfield--an area quickly becoming the next big thing in industrial real estate.
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  1. I keep wondering why I keep hearing about this problem of corporations leaving America, and I never hear a reasonable proposal to lower corporate tax rates and raise personal rates on income from capital gains and dividends, especially for high earners. It is just too simple of a solution for Congress to embrace?

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  3. is a disaster. SR37 already needs to be built to interstate standards between 465 and SR144. Southport Road is a mess each morning and evening.

  4. Bass Pro Shops would be good for the mall as well as a Giant Eagle Market District or a Jungle Jim's International Market Place grocery store like the one near Cincinnati Ohio.A Disney quest indoor theme park would be good.An Academy outdoor store would be good too.Indoor Circus shows and magic shows would be good as well. A casino with sports bar would be good.A Disney theater inside that shows movies and Broadway shows would work.Nashville Tennessee concert shops with indoor neon lights would be good.How about a theater that shows travel shows and theme parks. A train store would be good.How about a giant toy store with high tech video games.

  5. This development is in addition to Allpoints Midwest 5, Aitrtek, a recent FedEx and more in Plainfield. Greenwood and Brownsburg also have similar projects.

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