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News & Analysis
Music Mill to reopen again under new owner
September 11, 2009
Jeff Newman, Scott OlsonThe Music Mill, a local concert venue, restaurant and bar that has been closed down twice this year by different operators,
has new life. Local entrepreneur Ravi Chopra, 44, who owns the 6 Lounge & Restaurant downtown, announced last
night that he has purchased the Music Mill and plans to reopen it Oct. 12.
MorePolicyholders could pay more under Obama health plan
September 11, 2009
Associated PressIf President Barack Obama gets what he wants in his health care plan — covering all Americans and barring insurers from
denying coverage — some analysts say individuals could wind up paying higher premiums.
MoreMuseum of Art hires chief operating officer
September 11, 2009
IBJ StaffThe Indianapolis Museum of Art announced this week that it has hired a veteran of the New York City arts community to fill
its chief operating officer position.
MoreArea home-sale agreements level off, prices still falling
September 10, 2009
IBJ StaffThe housing slump may be weakening in the nine-county Indianapolis area, if a report released today by F.C. Tucker Co. is
any indication.
MoreRaytheon lays off 77 at local avionics center
September 10, 2009
Chris O'MalleyRaytheon Technical Services Co. LLC today eliminated 77 jobs at its avionics development center at 6125 E. 21st St. in Indianapolis.
MorePurdue lands $105M grant to fund earthquake center
September 10, 2009
IBJ StaffPurdue University announced today that it has received $105 million from the National Science Foundation to fund a center
to research earthquakes and tsunamis.
MoreSanctions lifted, WellPoint returns to Medicare biz
September 10, 2009
J.K. WallNine months after being suspended as a contractor for the federal Medicare program, WellPoint Inc. is back in the game.
MoreCommunity Fair promotes volunteerism
September 10, 2009
The city of Indianapolis and United Way of Central Indiana will host the eighth annual Community Fair on Monument Circle from
11 a.m. to 2 p.m. tomorrow to commemorate the anniversary of 9/11.
MoreLithium-ion battery maker names new president
September 10, 2009
IBJ StaffEnerDel, an Indianapolis-based producer of automotive lithium-ion batteries, has named a new president, the company announced
today.
MoreMedical device developer receives $1M in federal funding
September 10, 2009
Scott OlsonIndianapolis-based FAST Diagnostics, a developer of a method to quickly measure kidney function, announced today that it has
received $1 million in federal funding.
MoreBioCrossroads rolls out orthopedic initiative
September 10, 2009
J.K. WallWith job growth surging in Warsaw's orthopedic cluster, the life sciences development group BioCrossroads Inc. set out to...
MoreSimon Foundation gives $1M to library literacy initiative
September 9, 2009
IBJ StaffThe Indianapolis-Marion County Public Library Foundation today announced that it has received a $1 million gift from the Herbert
Simon Family Foundation to expand its early childhood literacy initiative.
MoreIndiana expects jobless fund troubles until 2015
September 9, 2009
Associated PressIndiana officials say it will take longer to resolve the state's bankrupt unemployment insurance fund's funding troubles
than projected when a law designed to start fixing the system was enacted in April.
MoreDeals from China trip unlikely to come right away, official says
September 9, 2009
Scott OlsonDon't expect the contingent traveling with Gov. Mitch Daniels on his 10-day trade mission to China and Japan to return to
Indiana with a major commitment from an Asian company.
MoreLocal truck dealer strikes deal for big daddy of hybrids
September 9, 2009
Chris O'MalleyIndianapolis truck dealer Utility-Peterbilt leased its first hybrid medium-duty truck this summer after enduring months of
tire-kicking but no action from fleet buyers and plenty of interest from television-news types.
MoreHHGregg promotes three executives
September 9, 2009
IBJ StaffIndianapolis-based electronics retailer HHGregg Inc. announced the promotions of three executives this morning, including
the appointment of a new chief financial officer.
MoreLilly paid doctors to prescribe Zyprexa, notes say
September 8, 2009
IBJ StaffEli Lilly and Co. paid doctors in South Carolina for participating in a speakers' program in exchange for prescribing the
antipsychotic Zyprexa, according to notes by Lilly sales representatives reviewed by Bloomberg News.
MoreReport: Ice Miller, Louisville firm end merger talks
September 8, 2009
Scott OlsonMerger talks that began last year between local legal heavyweight Ice Miller LLP and a Louisville-based law firm reportedly
have broken down, putting an end to a deal that was expected to close by the end of the year.
MoreExactTarget enters European market through acquisition
September 8, 2009
Indianapolis-based ExactTarget announced this morning that it has launched a new international division in London following
its acquisition of Keymail Marketing.
MorePlanned Parenthood closing 5 Indiana clinics
September 7, 2009
Associated PressPlanned Parenthood will close five health clinics across central Indiana after losing some of its federal grant money to provide
family planning services to low-income women.
MoreSweetener company Heartland looks for openings in crowded field
September 5, 2009
Kathleen McLaughlinHeartland Sweeteners LLC is now a top maker of private-label alternatives to Splenda. The company also
markets its own products directly to consumers.
MoreSoft sales plague furniture retailers
September 5, 2009
Cory SchoutenFurniture is one of the easiest big-ticket purchases for consumers to defer when money is tight. Couple
that with a housing bust that left demand for new couches on the curb, and tight credit markets that
continue to prevent retailers from financing customers without perfect credit, and you’ve got the
worst market for furniture since the Great Depression.
MoreRegion's expertise in hybrid cars goes beyond high-profile players
September 5, 2009
Chris O'MalleyBright Automotive and EnerDel are well known for their development of components for hybrid cars, but the region has several
other players poised to be big players in the sector. In fact, few realize that North America’s largest producer
of electric motors for hybrid vehicles is based northeast of Indianapolis, in Pendleton.
MoreCorporate sculptures lauded as landmarks, investments
September 5, 2009
Gabrielle PoshadloIn hard times like these, why would corporations spend on sculptures? Because sculptures create one-of-a-kind landmarks, and
the art has potential to grow in value.
MoreEx-workers sue Navistar, charge plant closing violated contract
September 5, 2009
Peter SchnitzlerForty-three former employees of Navistar Inc.’s shuttered diesel engine plant have sued the company, claiming it
breached their collective bargaining agreement by moving plant work in recent years to non-union facilities.
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In my opinion the estridge companies are crooks. They filed bankruptcy on their 'track housing' side of the business two weeks before they closed on one of my clients' homes. When my client first interviewed Estridge as a builder 6 months before, they specifically ASKED about the solvency of their business, knowing that some builders were struggling. Estridge truly misrepresented their financial situation at that time. I suppose I am more unhappy with the whole system than I am with the builder because what the heck==you can file bankruptcy on 'track homes' but still keep building and make money off of 'custom built' homes??? How ridiculous! They are all homes. How can a company be allowed to bilk thousands of dollars from their subcontractors but still be allowed to build houses?? they should have been made to pay back all their unpaid contractors before being allowed to profit from building any more houses! This alone makes them and the system crooks in my eyes. I would never build an estridge home and I would not recommend for my clients either. If they were truly 'bankrupt' how could they afford to keep building homes anyway??? The whole system needs fixed.
I live a couple blocks east of the Angie's campus and my house is assessed for ~$160,000. If I could get that amount, let alone $384,000 (a 140% bonus), I'd sell in a minute. Either Angie's stockholders just got fleeced, or Angie's is getting about a 58% discount on their property taxes, if these properties are actually worth what they paid Mr. Oesterle for them. Which do you think is the case?
Perhaps the IMA board is really to blame! They agreed to hire Charles. They can't seemingly find donors among themselves, or bring in new blood that will support the museums operating budget with an expanded museum and money to provide curators with something to do (ie buy art). The headlines of disarray at the museum and mass firings are hurting the reputation of the museum for some time to come. If people on the board had misgivings, perhaps they shpuld have more forcefully opposed efforts that they have seemingly been unable to fund, like expansion and the costs it has created!
See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.