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News & Analysis
Slumping NBC could drag down Channel 13
May 11, 2009
Anthony SchoettleEarly ratings from the all-important May sweeps suggest WTHR-TV Channel 13's 15-year reign as king of local television news
is secure for now. But the big test will come this fall when NBC's weakening prime-time lineup is expected to put the ratings
crown in play.
More'Epic' investment losses hit hospitals
May 11, 2009
J.K. WallFinancial reports trickling in from Indianapolis' major hospitals show why the city's health care building boom ground to
a near halt this year. It ran into a wall of investment losses.
MoreA real pinball wizard
May 11, 2009
It's a rainy Monday morning and Doug Clark is making a house call--an early but otherwise average start to his week.
MoreF1 team picks Charlotte for new headquarters
May 4, 2009
Scott OlsonA decision by a startup Formula One team to set up shop in Charlotte, N.C., is fueling debate over whether Indianapolis still
is the self-proclaimed "motorsports capital of the world."
MoreGeorge gives IRL four years to break even ... or else
May 4, 2009
Anthony SchoettleIndy Racing League founder Tony George dropped a bombshell in December when he told an industry group that he would shut down
the open-wheel series if it didn't break into the black soon.
MoreTop logistics execs draw road map for industry
May 4, 2009
Chris O'MalleyOn the menu of Indiana's economic development initiatives, the logistics industry has had all the appeal of truck stop coffee.
Meanwhile, the information technology and life sciences sectors—and recently clean tech—have had everyone salivating.
Logistics, however, is cooking up a new strategy.
MoreAllison Transmission invests in British engineering firm
May 4, 2009
Kathleen McLaughlinThough plagued by debt, Allison Transmission recently plowed millions of dollars into experimental technology that could lead
to new products.
MoreRitter's buyer retools custard chain
May 4, 2009
Sam StallIndianapolis residents have been passionate about Ritter's handmade frozen custard ever since it debuted almost two decades
ago. But while the ice cream is sweet, the story of the former mom-and-pop company's attempts to morph into something grander
is decidedly bitter. Now, New York-based TruFoods, which bought the company in May 2008, is trying to get the formula
right.
MoreBioanalytical Systems founder fights to be heard
May 4, 2009
Peter SchnitzlerIt took Pete and Candace Kissinger 33 years to build West Lafayette-based Bioanalytical Systems Inc. into one of the largest
contract research firms in Indiana's life science sector. It took just a year and a half for them to turn against the company's
new management.
MoreWith pharma famine looming, Lilly relying on snack-size deals
May 4, 2009
J.K. WallCompared with some of his pharmaceutical CEO peers these days, John Lechleiter has his company on a diet. Instead of using
a mega-merger to bulk up before the famine that patent expirations will bring on the industry next year,
Lechleiter has Eli Lilly and Co. burning management fat while looking for smaller companies to munch on.
MoreCritics: Tax hike 'defies logic'
May 4, 2009
Peter SchnitzlerCritics say the Legislature's plan to shore up the insolvent Indiana Unemployment Insurance Trust Fund places the bulk of
the financial
burden on already ailing businesses with the least ability to pay.
MoreSteak n Shake hoping to roll out lower-cost, limited-service stores
May 4, 2009
Cory SchoutenTV spots for Steak n Shake Co. used to play up the chain's full-service restaurants, complete with friendly servers, real
plates
and glass ketchup bottles—a departure from the "workaraunts" operated by McDonald's and Burger King. Now, Steak
n Shake is developing plans for its own workaraunts.
MoreFederal stimulus trickles down
April 27, 2009
Peter SchnitzlerThere's a smorgasbord available for small businesses in the federal stimulus package. The trick is figuring out how to get
a plate. Plenty of local experts are serving up access to the buffet. And some entrepreneurs are digging in. But others consider
the
stimulus warmed-over leftovers.
MoreGrad students dream up plans for mass transit
April 27, 2009
Chris O'MalleyArchitecture and urban design students from Ball State have created a vision for urban renewal that is arguably more compelling
than the Central Indiana Regional
Transit Authority's principal, utilitarian goal of reducing northeast-side highway congestion and air pollution by running
a diesel commuter train atop the old Nickel Plate Railroad corridor.
MoreChaCha co-founder dancing to different drum
April 27, 2009
Chris O'MalleyChaCha Search Inc. co-founder Brad Bostic has stepped down as president of the human-assisted Internet search company, which
is struggling to turn a profit in a dismal advertising climate, but he hasn't left. "Brad is still engaged with the company
as a director, co-founder and consultant," said co-founder and CEO Scott Jones.
MoreWestfield mayor hopes $60M stadium project will transform city
April 27, 2009
Cory SchoutenWestfield Mayor Andy Cook is proposing a $60 million youth sports complex with a 4,000-seat multipurpose outdoor
stadium, indoor sports facilities and sports fields with the goal of establishing the Hamilton County community as the "Family
Sports Capital
of America."
MoreJobless fill lull by volunteering
April 27, 2009
Kathleen McLaughlinVolunteer managers say they’ve seen an influx this year of people who’ve lost their jobs, as well as students
who are anticipating a tough market after graduation. The volunteers are welcome, especially as charities themselves have
fewer paid employees.
MoreNew motorsports trade show takes aim at departed PRI
April 27, 2009
Anthony SchoettleStill stinging from the city's loss of the giant Performance Racing Industry trade show in 2004, a group of local motorsports
business advocates is racing to put on a competing event.
MoreBusiness school outgrows Indiana
April 27, 2009
J.K. WallWith enrollment surging in vocational schools around the country, Indiana Business College has launched an expansion into
Ohio and likely into other states as well. The Indianapolis-based for-profit school also is changing its name.
MoreDefense budget overhaul could give local Rolls-Royce plant a boost
April 27, 2009
Kathleen McLaughlinWhile military contractors scramble to protect big projects from Defense Secretary Robert Gates' budgetary ax, Indianapolis
engine-maker Rolls-Royce is sitting pretty.
MoreColts staying at Rose-Hulman for training camp
April 24, 2009
IBJ Staff and Associated PressThe Indianapolis Colts are staying at Rose-Hulman Institute of Technology for training camp. The team has conducted its camp
at the Terre Haute school since 1999.
MoreWestfield plans $60M youth-sports complex
April 23, 2009
Cory SchoutenThe mayor of Westfield announced plans this morning to build a $60 million youth sports complex with a 4,000-seat multipurpose
outdoor stadium, indoor sports facilities, and fields for baseball, soccer, softball and lacrosse. The sports facilities would
anchor a 1,500-acre development by locally based Estridge Co. along Towne Road between 146th and 161st streets.
MoreTraveling abroad for business can be tricky
April 20, 2009
Scott OlsonFamiliarity with a foreign culture and its traditions can mean the difference between success and failure, or at least avoiding
embarrassment.
More'Peanut King' diversifies to keep 52-year-old company thriving
April 20, 2009
Sam StallRichard Green Co., founded in 1957, is a mini-conglomerate of sorts, selling pretty much anything necessary for work in the
food-concessions business.
MoreWhite River Capital negotiating new terms for its First Chicago Bancorp merger
April 20, 2009
Peter SchnitzlerIn a March 13 filing with the Securities and Exchange Commission, publicly traded White River revealed it's postponed its
merger with First Chicago Bancorp, and now is negotiating new terms.
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"And the success of the Indiana GOP to not allow an expansion of Medicaid had nothing to do with Indiana hospitals' financial woes? Fixed that for you; editorial bias rebalanced. Seriously, there are so many things wrong with Obamacare that the only way one can view it as a success is to assume that it was designed to fail our way into a government single payor healthcare system. The system is complex, creates huge regulatory burdens and overhead and yet still does not have adequate means to control escalating health care costs. But then when you elect a 10th grade math drop out with no quantitative reasoning skills to be President of one of the world's most important economies in troubled times, you can't really be surprised by blatant stupidity.
No NIMBYs here to chase off a decent development. We don't need tons of parking and we'd happily play the role of host to a downtown Whole Foods.
Whatever you do, don't change a single thing about Broad Ripple. I want it to look just like it did in the late '70s, with 30% of the north side of Broad Ripple Avenue burned out and plenty of places to park. That's right Broad Ripple, NEVER CHANGE. Let the world pass you by, don't improve your empty, abandoned lots full of weeds. Someday someone will want to film a zombie movie here.
Hollywood could step in and make a movie about the history about this forlorn series. It could be a full celebrity cast of characters. WOW. http://www.advanceindiana.blogspot.com/2013/02/indiana-taxpayers-forced-to-pay-for.html
This shouldn't come as a shock to many. Austin is a great city, and Indy needs to take some notes. Austin invests in decent transit options, has a highly educated workforce, embraces a creative class, and --despite being the state capital-- is not micromanaged by rural and suburban legislators. Want Indy to grow? Invest in the city (i.e. spend money). Raise taxes a bit, and use the money to improve education. And keep the state legislature out of Indy the other 9 months of the year.