News & Analysis

Super Bowl organizers not concerned about lockout

January 5, 2011
Associated Press
Host committee chairman Mark Miles said he believes the city would get another Super Bowl even if an NFL labor stoppage canceled the game.
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D-A Lubricant moving from Indianapolis to Lebanon

January 5, 2011
Scott Olson
Company will purchase 23 acres and have Duke Realty Corp. build a 225,000-square-foot industrial facility in Lebanon Business Park. The move should be completed by December.
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IndyCar deal creates series-branded insurance plan

January 5, 2011
Anthony Schoettle
Open-wheel race series signs three-year sponsorship pact with Dallas-based Global Corporate Alliance.
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Grant to help Gleaners distribute more perishables

January 5, 2011
Kathleen McLaughlin
Gleaners Food Bank plans to buy a refrigerated truck to supply more fresh produce, dairy and meat to central Indiana pantries, thanks to a $50,000 grant from Kraft Foods.
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Spending data show strong December sales

January 5, 2011
Associated Press
Americans spent more on clothes, shoes, luxury goods and electronics in December than a year earlier, according to data released Wednesday.
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New doc lifts Community breast biz

January 5, 2011
J.K. Wall
Community Health Network wooed Dr. Robert J. Goulet Jr. to join its breast-surgery team from the Indiana University Simon Cancer Center. The move fits nicely with Community’s focus on breast-care services and the economics of health care.
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Latest iPhone app: Baby EKG

January 5, 2011
J.K. Wall
Mobile medicine has arrived. Decatur County Memorial Hospital in Greensburg became the first hospital in Indiana to start using AirStrip OB, a patient-monitoring system that sends things like the heartbeat waves of patients directly to physicians’ iPhones, BlackBerrys or other mobile devices.
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Marsh in Shelbyville among latest stores to close

January 5, 2011
Scott Olson
The supermarket chain has closed a store in Rushville and will shut others in Shelbyville and Connersville by the end of February. The closures will leave Marsh with 97 stores, about half of which are in Indianapolis.
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Lilly bumped up federal lobbying in third quarter

January 4, 2011
Associated Press
The Indianapolis-based drugmaker spent $2.1 million in the three months that ended Sept. 30, a 5-percent increase from the same quarter last year and a jump of more than 30 percent from the $1.6 million it spent in this year's second quarter.
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Schools chief, union head recruit mentors for children

January 4, 2011
Associated Press
State school superintendent Tony Bennett, a Republican, and the leader of Indiana's largest teachers union made a rare joint appearance Tuesday to promote a mentoring program.
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Brightpoint expansion includes three buildings

January 4, 2011
The distributor of wireless devices has completed its purchase of a 533,000-square-foot facility in the AllPoints Midwest business park in Plainfield and is leasing a 200,000 square-foot building, also in Plainfield.
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UPDATE: Convention leaders prepare for business without Welsh

January 4, 2011
Anthony Schoettle
Don Welsh was seen as a revolutionary force as CEO of the Indianapolis Convention & Visitors Association. Now he may be one of its biggest competitors as he takes the top job in Chicago.
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Law firm launches economic development consultancy

January 4, 2011
Scott Olson
Barnes & Thornburg aligns with new venture BT ProjectPoint LLC to provide clients economic development and project-financing consulting services.
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Daniels wins award for fiscal responsibility

January 4, 2011
Associated Press
The first ever "Fiscy Awards" will be presented this week to Indiana Gov. Mitch Daniels, Democratic Sen. Kent Conrad of North Dakota and Republican Rep. Paul Ryan of Wisconsin.
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Local office market continues vacancy struggles

January 4, 2011
 IBJ Staff
The Indianapolis office market suffered through a tough 2010, marked by stagnant and high downtown vacancy rates, falling suburban occupancy rates and another year without construction activity.
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Commercial real estate will continue its climb back in 2011

January 4, 2011
Tom Harton
Medical office likely will be the strongest sector, followed by apartments.
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ICVA chief leaving Indianapolis for Chicago

January 3, 2011
 IBJ Staff
Don Welsh, the top executive at the Indianapolis Convention & Visitors Association since 2008, is leaving the city to take the job as CEO of the Chicago Convention & Tourism Bureau, the ICVA announced Monday night.
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Local hotel bookings fell in 2010, projected to rise in 2011

January 3, 2011
Anthony Schoettle
Weak economy blamed for 5-percent decline. With Indiana Convention Center expansion set to be complete this month, booking should be on the rise.
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Jackson Group acquired by Houston company

January 3, 2011
Indianapolis-based The Jackson Group had 132 employees in mid-2010, ranking it the sixth-largest woman-owned business in the area, according to IBJ research.
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Lilly, other big drugmakers shut out by FDA in 2010

January 3, 2011
 IBJ Staff and Bloomberg News
Regulators cleared 21 medicines, the fewest since 2007, for sale last year. It was the first time in a decade that Pfizer Inc., the world's largest drugmaker, as well as Lilly, Merck & Co. and Bristol-Myers Squibb Co. were shut out at the same time, according to agency records.
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Group plans ad campaign to back school choice

January 2, 2011
Associated Press
The Foundation for Educational Choice, an Indianapolis-based not-for-profit, expects to spend $400,000 to $500,000 on the advertising campaign in Indiana
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Indiana license branches no longer renewing plates

January 2, 2011
Associated Press
Starting Monday, all Indiana residents will have to order their registration cards, stickers and plates online or by mail, the Indiana Bureau of Motor Vehicles said.
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Indiana lawmakers to face more tough budget decisions

January 1, 2011
Associated Press
When lawmakers open their new session Wednesday, they won't have some of the advantages they had during the last budget-writing debate in 2009. This time around, there will be no $1 billion in federal stimulus money to keep the budget afloat.
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Indianapolis Indians profitable for 35th straight year

January 1, 2011
Anthony Schoettle
The minor-league professional baseball team continues to pull in fans and sponsors as Hoosiers seek affordable family entertainment.
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Indianapolis startup scene gains momentum

January 1, 2011
Francesca Jarosz
HackersFounders_WatchVideoAbout 200 members of the Hackers and Founders group meet monthly—perhaps the most clear and strong signal that Indianapolis’ young entrepreneur community is reaching a tipping point.
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  1. With Pence running the ship good luck with a new government building on the site. He does everything on the cheap except unnecessary roads line a new beltway( like we need that). Things like state of the art office buildings and light rail will never be seen as an asset to these types. They don't get that these are the things that help a city prosper.

  2. Does the $100,000,000,000 include salaries for members of Congress?

  3. "But that doesn't change how the piece plays to most of the people who will see it." If it stands out so little during the day as you seem to suggest maybe most of the people who actually see it will be those present when it is dark enough to experience its full effects.

  4. That's the mentality of most retail marketers. In this case Leo was asked to build the brand. HHG then had a bad sales quarter and rather than stay the course, now want to go back to the schlock that Zimmerman provides (at a considerable cut in price.) And while HHG salesmen are, by far, the pushiest salesmen I have ever experienced, I believe they are NOT paid on commission. But that doesn't mean they aren't trained to be aggressive.

  5. The reason HHG's sales team hits you from the moment you walk through the door is the same reason car salesmen do the same thing: Commission. HHG's folks are paid by commission they and need to hit sales targets or get cut, while BB does not. The sales figures are aggressive, so turnover rate is high. Electronics are the largest commission earners along with non-needed warranties, service plans etc, known in the industry as 'cheese'. The wholesale base price is listed on the cryptic price tag in the string of numbers near the bar code. Know how to decipher it and you get things at cost, with little to no commission to the sales persons. Whether or not this is fair, is more of a moral question than a financial one.

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