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News & Analysis
NCAA's CFO named interim president
September 22, 2009
Anthony SchoettleJames L. Isch, the NCAA's long-time chief financial officer, has been named interim president of the association, replacing
Myles Brand, who died last week of pancreatic cancer.
MoreIndyGo ends commuter bus route from Greenwood
September 22, 2009
IBJ StaffDue to low ridership, the IndyGo Commuter Express route from Greenwood to downtown Indianapolis will end Dec. 1.
MoreIrwin Financial files for bankruptcy liquidation
September 21, 2009
Peter SchnitzlerColumbus-based Irwin Financial Corp. has filed for Chapter 7 bankruptcy, setting the stage for the liquidation of the remaining
assets of the troubled banking company.
MoreIndianapolis lands 2013 men's NCAA regional
September 21, 2009
IBJ Staff and Associated PressIndianapolis has been selected to host a regional round of the 2013 NCAA men's basketball tournament, the NCAA announced
today.
MoreMead Johnson plans expansion in Evansville
September 21, 2009
IBJ Staff and Associated PressMead Johnson Nutrition plans to spend nearly $33 million at a southwestern Indiana facility where it plans to start making
powdered infant formula products.
MoreUnfinished federal bailout sealed Irwin's failure
September 21, 2009
Peter SchnitzlerUp to the end, Columbus-based Irwin Financial Corp. anticipated a government bailout that never materialized.
MoreFort Wayne lures long-time conventions from Indy
September 21, 2009
IBJ Staff and Associated PressFort Wayne's expanded convention center and a planned downtown hotel are proving attractive to conventions, including at least
four events long held in Indianapolis.
MoreOld National selling stock to fund potential purchases
September 21, 2009
Scott OlsonEvansville-based Old National Bancorp said this morning that it is selling $150 million of its stock in a public offering
and will use some of the proceeds to fund potential acquisitions.
MoreComcast rolls out on-demand education offerings
September 21, 2009
IBJ StaffComcast Corp. is making videos seen on the Discovery Education channel available on demand to its Indianapolis-area digital
subscribers, the cable television company announced today.
MoreNASDAQ threatens to delist Emmis stock
September 21, 2009
IBJ StaffNASDAQ has notified Emmis Communications Corp. that it is in danger of being delisted if the company's stock doesn't rise
above the minimum bid price of $1 per share within the next six months.
MoreChamber puts support behind Wishard hospital proposal
September 21, 2009
J.K. WallThe Greater Indianapolis Chamber of Commerce announced its support for construction of a new Wishard Hospital and promised
to take a leadership position to help hospital leaders win voter approval for the project.
MoreMore IU, Purdue projects could move forward
September 19, 2009
Associated PressMore than $130 million in construction projects will get a chance to move forward after being put on hold over a top lawmaker's
objections to the schools' tuition increases.
MoreAnticipated development near stadium isn't materializing
September 19, 2009
Sam StallNot long ago, developers seemed to vie for every square inch of open ground in the vicinity of the just-completed Lucas Oil
Stadium. These days, the entire neighborhood has been pushed, if not into a financial deep freeze, then at the very least
to the back of the crisper drawer.
MoreDeveloper Broadbent sues banks after they tighten credit line
September 19, 2009
Peter SchnitzlerLocally based Broadbent Co., one of the city’s biggest retail developers, has sued two of its banks, charging they’re
wrongly attempting to restrict its access to a $50 million credit line.
More'Dewatering' system creates space, keeps new Marriott's basement dry
September 19, 2009
Scott OlsonA sprawling network of drainage pipes is designed to keep the underground parking garage of the new JW Marriott hotel dry.
MoreSlots revenue revives hopes of state's horse breeding industry
September 19, 2009
Kathleen McLaughlinPurses at Hoosier Park in Anderson and Indiana Downs in Shelbyville have swollen since the two tracks added slot machines
in June 2008.
MoreLilly revises playbook in effort to score more 'touchdowns'
September 19, 2009
J.K. WallThe drugmaker has successfully moved experimental drugs into position to win approval by regulators. But only once in the
last four years has a new drug actually made it to market—the industry’s equivalent of getting
across the goal line.
MoreIndiana turns away booze-distribution heavyweight
September 19, 2009
Cory SchoutenThe Indiana Alcohol and Tobacco Commission has voted to deny liquor and wine permits for Southern Wine & Spirits of
America Inc., the nation’s largest liquor distributor, citing concerns over a track record of anti-competitive behavior.
MoreSimon built mall empire from scratch, changed way America shops
September 19, 2009
Cory SchoutenMelvin Simon, who died at 82 on Sept. 16, grasped early on that creation of the nation's interstate system would pave the
way for
large, enclosed shopping centers.
MoreGreenwood merger would create one of state's largest cities
September 19, 2009
Kathleen McLaughlinThe new city would count more than 80,000 residents. In terms of population, it would zoom past Fishers and Carmel to rank
sixth or seventh in the state.
MoreNCAA, city haggle over Final Four rental deal
September 19, 2009
Anthony SchoettleA little more than six months before the 2010 NCAA men’s Final Four is set to tip off at Lucas Oil Stadium, the NCAA
has not yet finalized a rental deal for the facility. While officials for the NCAA and Local Organizing Committee,
the group charged with operating the event in Indianapolis, downplay any problems, sports business experts say it is unusual
not to have an agreement pinned down in the months leading up to the event.
MoreIs Indianapolis big enough for 'car sharing' concept?
September 19, 2009
Chris O'MalleyAn urban advocacy group is trying to bring a big-city concept to Indianapolis: car sharing. People for Urban
Progress cites environmental benefits as well as cost savings for urban dwellers who might find it practical to ditch their
seldom-used vehicles.
MoreBluefish Wireless launches unit to help firms manage wireless-phone expenses
September 19, 2009
Chris O'MalleyMobi Wireless is targeting medium-size to large companies needing more control of wireless expenses
and fewer internal resources dedicated to the task.
MoreRegulators close Irwin banking operations
September 18, 2009
IBJ StaffState and federal regulators shut down the two banking subsidiaries of ailing Irwin Financial Corp. of
Columbus. The action makes Irwin Union Bank and Irwin Union Bank FSB the first financial institution failures in Indiana since
steep losses hit the industry last year.
MoreClinton, Bird among mourners at Simon funeral
September 18, 2009
Associated PressFormer President Bill Clinton described Melvin Simon as one of the most remarkable people he's ever met as he gave a eulogy
today during the funeral for the billionaire shopping mall developer and Indiana Pacers co-owner.
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RKW's comments read like a modern "Chicken Little". As a Raintree resident for many years, "Yes, I'm ready for this." Matter of fact, I welcome The Farm because it's a development that compliments our town, brings new and desirable shopping & dining closer (specialty grocer, upscale shops, micro brew pub, etc), offers upscale condos for empty nesters who want to stay in Zionsville, is being planned and constructed by local, well-reputed firms and, of course, provides desirable non property tax benefits. We all knew the Pittman's were going to develop their property sooner than later. That one of the Pittman's will continue to live on the property helps assure The Farm will be everything promised. This also sets a standard for other developers as to the quality of future developments - which should keep an ugly Walmart at bay for decades. As we've no meglomaniac mayor, I seriously doubt Zionsville would ever aspire to over-priced statues or subsidized retail rents. And we already have a very nice public theater, the Zionsville Performing Arts Center, that meets our cultural needs quite nicely.
Do we add (or subtract) these from the bounty we recieve from RTWFL, Daylight Savings Time, corporate tax giveaways, and the crack job IEDC is doing?? Or is Mike going to blame these on Mitch?
Who makes Tater Tots? They would be a good sponsor, because $3 Million for the alleged "Greatest Spectacle In Racing" is taters. Tiny, tiny taters. But at least they are making up something of the losses accumulated over the years in this dying sport. Buttock in seat is certainly not doing it, nor eyeball on TV, as evidenced by the lack of both.
We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)
True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.