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News & Analysis
Eli Lilly's profit shoots up despite lackluster sales
April 24, 2013
IBJ Staff and Associated PressThe Indianapolis pharmaceutical company left its full-year profit forecast unchanged despite a spike in first-quarter earnings.
Revenue fell short of analyst expectations.
MoreMore Hoosiers favor legal pot than Pence's tax cut, poll says
April 24, 2013
Jeff NewmanA new poll of 600 voters by Howey Politics Indiana shows 39-percent approval for Gov. Mike Pence's proposed 10-percent tax
cut. But 56 percent said they favor decriminalization of marijuana.
MorePlan for massive reservoir finding more support
April 24, 2013
Associated PressHundreds of residents gathered at Daleville High School on Tuesday night to hear about the proposed Mounds Lake Reservoir,
a 2,100-acre project that could cost as much as $400 million to build.
MoreFormer U.S. education leader to take over USA Funds
April 24, 2013
IBJ StaffWilliam D. Hansen, 53, served as Deputy U.S. Secretary of Education from 2001 to 2003. He'll replace current CEO Carl
C. Dalstrom, who is retiring after more than a decade leading Indianapolis-based USA Funds.
MoreWellPoint raises profit forecast after solid first quarter
April 24, 2013
J.K. WallThe Indianapolis-based health insurer easily beat Wall Street's expectations for earnings in the first quarter and revenue
rose 15 percent.
MoreIndiana lawmakers drawing close on remaining measures
April 23, 2013
Associated PressThe leaders of the Indiana General Assembly said Tuesday they will continue meeting daily with Gov. Mike Pence to hammer out
a broad range of issues before the 2013 session ends.
MoreLegislature taking tight-fisted stance with casinos
April 23, 2013
Associated PressThe casino bill approved by the House last week would grant less than a fifth of the tax breaks first proposed in the Senate.
It also doesn't permit live table games at the racinos in Anderson and Shelbyville.
MoreContractor pleads guilty to fraud involving FBI building
April 23, 2013
Associated PressAn Ohio man has admitted to defrauding more than $225,000 from contractors involved in FBI building projects in Indianapolis
and Knoxville, Tenn.
MorePacers post solid attendance gains in regular season
April 23, 2013
Anthony SchoettleDespite the negative noise this year about Pacers home attendance, the team had its second consecutive season increase. Revenue
from tickets and sponsorships also rose.
MoreBanks scale back real estate needs as transactions shift online
April 23, 2013
Scott OlsonAfter zooming higher in the last decade, the number of bank branches in Indiana slipped to 2,056 in 2011, the lowest level
since 2006.
MoreYoung & Laramore launches all-digital campaign for Scotts
April 23, 2013
Chris O'MalleyThe growing preference for online-based advertising, exemplified by Y&L's new campaign for the national lawn-care service,
is helping sow the seeds of traditional media's decline.
MoreAfter raid, pet store owner agrees to quit selling animals
April 23, 2013
IBJ StaffAnimal control officers found hundreds of violations in March at The Fish Bowl, 2101 East Michigan St. The owner plans to
continue operating his business as a pet-supply store.
MoreNora pharmacy recalls compounded drugs
April 23, 2013
Associated PressA pharmacy that makes specialty medications is recalling nearly 100 compounded drugs after federal regulators found potential
safety problems during an inspection.
MoreBill OK'd that grants Indiana tuition to some immigrants
April 23, 2013
Associated PressSupporters say the change would help a couple of hundred students who had the rules changed on them after they had already
started work on their college degrees.
MoreIndiana lawmakers approve looser superintendent rules
April 22, 2013
Associated PressSchool district superintendents would no longer have to hold an Indiana superintendent's or teacher's license under
a proposal that won final legislative approval on Monday.
MoreSenate bill jeopardizes tax-free online shopping
April 22, 2013
Associated PressStates could force Internet retailers to collect sales taxes under a bill that overwhelmingly passed a test vote in the U.S.
Senate on Monday.
MoreRevoked charters could be forgiven $12M in loans
April 22, 2013
Associated PressSeven schools whose charters were revoked by Ball State University in January would be absolved of payments along with another
school which did not seek to renew its charter.
MoreRace for the Cure participation declines again
April 22, 2013
IBJ Staff and Associated PressThis year's Komen Race for the Cure in Indianapolis fell to 21,380 participants—a 22-percent drop from a year ago—a
top organizer said.
MoreMercer courts employers with private exchange
April 22, 2013
J.K. WallMercer Marketplace will offer health coverage from four companies—Aetna Inc., Cigna Corp., UnitedHealthcare and Anthem
Blue Cross and Blue Shield.
MoreRepublicans to question Ballard's $6M sports park
April 22, 2013
Kathleen McLaughlinThe City-County Council's GOP caucus will grill the mayor's staff in a private meeting Monday evening about plans for the
park, which caught many of them by surprise last week.
MoreLilly on the rise as investors run back to pharma stocks
April 22, 2013
J.K. WallInvestors are gaining confidence in the ability of major drugmakers, including Eli Lilly and Co., to improve their pipelines
of new products. The big pharma firms begin to report first-quarter earnings this week.
MoreBall State kicks off fundraising drive for sports facilities
April 22, 2013
The Division I university wants to invest $20 million for new and improved complexes for baseball, basketball, football and
golf, among other sports.
MoreInvestors await progress report from WellPoint
April 22, 2013
Associated PressMany investors expect the health care overhaul's coverage expansions to affect WellPoint more than other insurers.
MoreReport: Many school districts flout law on superintendent pay
April 21, 2013
Associated PressMore than 100 Indiana school districts haven't posted their superintendents' employee contracts online, as required.
MoreLawmakers seek to piggyback priorities onto other bills
April 21, 2013
Associated PressAs the Indiana General Assembly nears the finish of its 2013 session, legislators hope to find homes for initiatives that
struggled to win approval on their own, such as backing improvements to the Indianapolis Motor Speedway and expanding the
state's school voucher program.
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If a television station wants to improve viewership, get rid of the local blackout. I was born by the brickyard, and have attended 15 or more races. I have children now, I won't attend unless circumstances are perfect. As those with growing families know, they never are. I'm always impressed that upwards of 250,000 people attend the 500. However, as a growing, or, more apt, sprawling city, Indianapolis and its immediate suburbs count almost 2.2 million. Show the race live, let the venue get a kick-back on revenues, and open-wheel racing might have a fighting chance to be relevant again. Just in time for those tax-payer lights to make sense.
John Moore, I too have had the same issue recently. A property next to my house was on the Land Bank and I was interested in purchasing. When I tried to contact Reggie, I got back emails that had nothing to do with what I asked about. Actually my latest response from him was on this past Friday. I had asked about how to buy the property and if it was still available. His response to me was to contact the mayor's office to get the schedule of his appearances. (???) Hopefully the city is able to do something to fix what this guy has done, it would be nice if they would take the properties back and sell them properly so land owners like me and you mother would have a fair chance.
I too work in the industry, with over 25 years of experience and your political spin has probably nothing to do with any rebranding. "Let's dress it up" would have nothing to do with the government "telling us how and what to eat." Give it a political rest. And being a producer for a radio show doesn't mean you've been involved in advertising and branding for 30 years.
Ms. Morris did not understand the ways of the business world, otherwise, like the IMS, she could have petitioned the State Legislature for a handout of State Funds for her charity work. Ms. Morris should consider becoming a state lobbyist for Lemonade Stand Operators.
David Copperfield!