News & Analysis

HALO shines on IT upstart

January 19, 2010
Chris O'Malley
Policy management firm PolicyStat lands venture investment from HALO Capital Group, the angel investor network managed by TechPoint. HALO has invested a total of $12.5 million in firms statewide in the past 20 months.
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Recession takes toll on university president pay

January 18, 2010
 IBJ Staff and Associated Press
A survey released Monday by the Chronicle of Higher Education showed compensation packages of chief executives at public universities leveling off in 2008-2009, rising a relatively modest 2.3 percent. How did Indiana college presidents fare?
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City Market redevelopment hopefuls have ambitious plans

January 18, 2010
Peter Schnitzler
City Market's board president warns financing will challenge any of the six groups that responded to Mayor Greg Ballard's request for business ideas.
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Bank says Durham had no right to sell Duesenberg

January 18, 2010
Greg Andrews
A legal brouhaha over the recent auction of a Duesenberg automobile by Tim Durham has taken a new twist, with Durham's bank charging the financier didn't have the right to sell the car in the first place.
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Hamilton County tourism leader selected to join CIB

January 18, 2010
Scott Olson
Brenda Myers, executive director of the Hamilton County Convention and Visitors Bureau, rounds out the appointments to a restructured Indianapolis Capital Improvement Board.
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Fortune Industries names new chief executive

January 18, 2010
Scott Olson
Fortune Industries Inc., an Indianapolis-based professional employer organization, has appointed Tena Mayberry as its CEO. Mayberry, who also will continue to serve as president, succeeds John Fisbeck.
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Lender alleges Lauth insiders backdated loan documents

January 16, 2010
Cory Schouten
The largest creditor for Lauth Group Inc. has asked a bankruptcy judge to appoint a trustee after evidence in a related case suggested Lauth insiders may have backdated documents to thwart creditors.
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United Hospital Services laundry co-op considers statewide expansion

January 16, 2010
Scott Olson
The massive far-east-side facility already launders linen for 30 hospitals and 400 clinics in Indiana, handling more than 36 million pounds of soiled linen each year.
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Area hospital construction taking break after expensive binge

January 16, 2010
J.K. Wall
Observers expect a lull with inpatient facilities for five years or more, but continued proliferation of outpatient clinics and surgery centers.
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State links university funding to lifting graduation ratesRestricted Content

January 16, 2010
J.K. Wall
The Indiana Commission for Higher Education late last month slashed college budgets based on key performance measures.
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Auto, battery jobs hinge on landing federal energy loansRestricted Content

January 16, 2010
Kathleen McLaughlin
Indiana's future as a hub for making electric and hybrid vehicles hinges on a single government loan program.
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Legislation to protect car dealers re-emerges at StatehouseRestricted Content

January 16, 2010
Chris O'Malley
Dozens of Chrysler and General Motors dealers in Indiana were terminated last year. Now, a dealer trade group wants to block automakers from preying on termination fears to wrest concessions from surviving dealers.
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NBC's Jay Leno failure puts pinch on WTHRRestricted Content

January 16, 2010
Anthony Schoettle
With its 11 p.m. news ratings declining and its network partner, NBC, struggling to plug the 10 p.m. programming slot crucial to those ratings, WTHR-TV Channel 13 finds itself at a precarious crossroads.
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Shiel Sexton plans $50M project near Methodist Hospital

January 16, 2010
Cory Schouten
The local construction company is drawing up plans for a mixed-use project with offices, a parking garage and retail space on several parcels it owns near Capitol Avenue and 16th Street.
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Uncertainty over 2012 Super Bowl puts hotels in a bind

January 16, 2010
Anthony Schoettle
At issue is a dispute pitting NFL players against owners, and owners against one another over how league revenue should be divided. If it isn't resolved, the 2011 season could be shortened, delayed or canceled.
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Hotels spark expansion of downtown skywalk system

January 16, 2010
Cory Schouten
Two walkways that will connect to the new Marriott Place hotel will extend downtown's network of skywalk and underground pedestrian paths to a total of 12 hotels with more than 4,700 rooms--the most of any downtown in the United States.
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Bird strikes frequent at Indianapolis airportRestricted Content

January 16, 2010
Chris O'Malley
Bird strikes remain a threat—statistically more so than a Nigerian terrorist with a bomb in his BVDs—at Indianapolis International Airport. There were 37 bird strikes reported at the airport in 2009, five involving damage or temporary grounding of an aircraft.
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Ohio lawmaker wants Fair Finance owners' assets frozen

January 15, 2010
Greg Andrews
An Ohio congressman is upset the U.S. Attorney’s Office in Indianapolis isn’t seeking to freeze the assets of Fair Finance Co. owners Tim Durham and Jim Cochran.
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Kiwanis International names executive director

January 15, 2010
Kathleen McLaughlin
Indianapolis-based Kiwanis International on Friday named longtime staff member Stan Soderstrom its executive director. Soderstrom has been the interim executive director since October, when Rob Parker left the organization of service clubs.
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City revamping management of parking operations

January 15, 2010
Scott Olson
The city of Indianapolis is seeking to consolidate management of its parking operations into a single, long-term lease that could net it tens of millions of dollars to make street and sidewalk repairs. City leaders are expected to release a request for proposals "soon."
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UPDATE: Marian already has three possible locations for new medical school

January 15, 2010
J.K. Wall
St. Francis and Westview hospitals are open to hosting the osteopathic-medicine school proposed by the Indianapolis Catholic institution.
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Conexus gets $3.45 million from Lilly Endowment

January 15, 2010
 IBJ Staff
Lilly Endowment Inc. is continuing to support the state's advanced-manufacturing initiative, giving Conexus Indiana a grant to help connect potential workers with the necessary training.
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Gunite Corp. cutting 100-plus jobs at Elkhart plant

January 15, 2010
 IBJ Staff
Beleaguered Elkhart took another hit this week when Illinois-based Gunite Corp. announced plans to move 110 manufacturing jobs to Rockford, Ill., and Brillion, Wis.
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Marian University to launch state's second medical school

January 15, 2010
J.K. Wall
The tiny Catholic institution in Indianapolis has $30 million raised toward new college that could train nearly half as many students as the Indiana University medical school.
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House OKs bill on township government referendums

January 14, 2010
Associated Press
The proposal would allow voters to decide in November whether their township governments should be eliminated and their duties transferred to the county level.
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  1. Those of you yelling to deport them all should at least understand that the law allows minors (if not from a bordering country) to argue for asylum. If you don't like the law, you can petition Congress to change it. But you can't blindly scream that they all need to be deported now, unless you want your government to just decide which laws to follow and which to ignore.

  2. 52,000 children in a country with a population of nearly 300 million is decimal dust or a nano-amount of people that can be easily absorbed. In addition, the flow of children from central American countries is decreasing. BL - the country can easily absorb these children while at the same time trying to discourage more children from coming. There is tension between economic concerns and the values of Judeo-Christian believers. But, I cannot see how the economic argument can stand up against the values of the believers, which most people in this country espouse (but perhaps don't practice). The Governor, who is an alleged religious man and a family man, seems to favor the economic argument; I do not see how his position is tenable under the circumstances. Yes, this is a complicated situation made worse by politics but....these are helpless children without parents and many want to simply "ship" them back to who knows where. Where are our Hoosier hearts? I thought the term Hoosier was synonymous with hospitable.

  3. Illegal aliens. Not undocumented workers (too young anyway). I note that this article never uses the word illegal and calls them immigrants. Being married to a naturalized citizen, these people are criminals and need to be deported as soon as humanly possible. The border needs to be closed NOW.

  4. Send them back NOW.

  5. deport now

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