News & Analysis

IU students find niche in battle against high textbook prices

January 15, 2011
Associated Press
Online business expands to universities in Florida and Texas.
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Tight supply of used vehicles drives up valuesRestricted Content

January 15, 2011
Chris O'Malley
Used-car prices are on the rise. Last month, the average used-car transaction was for $19,345 vs. $16,586 a year earlier, according to Edmunds.com. Last year, used-vehicle prices generally were 10 percent to 15 percent higher than in 2009.
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WellPoint headquarters snags $42M

January 15, 2011
Cory Schouten
Massachusetts-based Franklin Street Properties acquired the Monument Circle headquarters of insurance giant WellPoint Inc. late in 2010 for $42 million—a rich $196 per square foot—from an affiliate of locally based HDG Mansur.
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Can video games be good for your health?

January 15, 2011
J.K. Wall
Local companies are embedding stealthy video messages for high school and college students.
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By wide margin, Anthem still city's largest insurerRestricted Content

January 15, 2011
Scott Olson
Anthem Blue Cross and Blue Shield's share of the Indianapolis area has leveled off, even though it still insures more than half the commercial market—or three times as much as its nearest competitor.
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LAMKIN: Health care reform is opportunity to reorganize servicesRestricted Content

January 15, 2011
Ned Lamkin
Indiana should take advantage of the opportunity to build a comprehensive exchange.
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Brizzi filed for OmniSource forfeiture

January 15, 2011
Cory Schouten
Former Marion County Prosecutor Carl Brizzi blasted metal-recycling giant OmniSource in a court filing in his last week in office, asking a judge to force the company to forfeit all five of its Indianapolis scrap yards and a foundry facility in Hendricks County.
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New IU football coach Wilson is focus of marketing blitzRestricted Content

January 15, 2011
Anthony Schoettle
Indiana University has undertaken a multi-pronged media initiative to make Kevin Wilson, its new head football coach, a household name statewide.
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Parking key issue in Rolls-Royce's possible downtown move

January 15, 2011
Francesca Jarosz
Rolls-Royce Corp.’s decision whether to move about 2,500 office employees to a former Eli Lilly and Co. downtown campus could hinge on three critical factors—parking, incentives and lease terms for the space.
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Universal curbside recycling program looks iffyRestricted Content

January 15, 2011
Francesca Jarosz
Finding a way to cover the cost of expanding the program with revenue from sales of recycled goods such as aluminum, plastic and glass has proved tough, even as commodities prices rise with the improving economy.
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Hoosier State Press Association revamps co-op advertisingRestricted Content

January 15, 2011
Kathleen McLaughlin
The press association hired a former marketing director for Columbus-based Home News Enterprises in late 2009 to spearhead the service.
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FedEx fights to overturn jury's $66M award to ATARestricted Content

January 15, 2011
Greg Andrews
ATA charged in the two-year-old breach-of-contract suit that FedEx’s unexpected decision in January 2008 to drop it as a military-charter partner forced it into bankruptcy liquidation that spring.
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Indiana businessman agrees to $3M fraud settlement

January 14, 2011
 IBJ Staff and Associated Press
Indiana businessman Lowell Hancher has agreed to pay $3 million and never run a public company again to settle allegations by regulators that he carried out three separate fraud schemes over 5 years.
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Bill seeks to boost investment credit, startups

January 14, 2011
Scott Olson
The legislation, assigned to a committee on Wednesday, would increase the maximum for venture capital tax credits from $500,000 to $1 million, helping high-potential startups attract outside funding.
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Peace gardens slated for downtown

January 14, 2011
Kathleen McLaughlin
The Indianapolis Cultural Trail being built through the heart of downtown will include sculptural gardens dedicated to Martin Luther King Jr. and Abraham Lincoln, an extension of the $2 million Glick Peace Walk.
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Newspaper chain expanding in Fishers

January 14, 2011
Anthony Schoettle
Current Publications is exhibiting growth seldom seen in the newspaper industry these days. Four years after launching, the company is preparing to debut its fourth weekly newspaper in Hamilton County on Jan. 25.
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Endocyte prices IPO stock

January 14, 2011
J.K. Wall
The West Lafayette-based drug development firm intends to sell 6.15 million shares for $13 to $15 apiece. That would fetch $80 million to $92 million.
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IUPUI's Bantz passed over for UMass president's job

January 13, 2011
 IBJ Staff and Associated Press
The University of Massachusetts Board of Trustees on Thursday tapped Robert Caret to lead the the five-campus UMass system, choosing him over IUPUI Chancellor Charles Bantz and Philip Clay, chancellor of the Massachusetts Institute of Technology.
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Emmis surges as industry anticipates radio sale

January 13, 2011
J.K. Wall
Emmis Communications’ share price soared 42 percent on Wednesday, a day after the company reiterated that it is “actively pursuing” the sale of some assets. CEO Jeff Smulyan says it's impossible to call a station sale imminent, but shares gained another 13 percent on Thursday.
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Local Superman auction to take flight this month

January 13, 2011
Scott Olson
The collection of superhero memorabilia, once displayed at a downtown Indianapolis museum, is being auctioned to satisfy a court order.
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Gleaners capital campaign raises $12.3 million

January 13, 2011
 IBJ Staff
Gleaners Food Bank is wrapping up an ambitious capital campaign, announcing Wednesday that it has exceeded its goal despite the difficult economic environment.
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JA inducting four into Business Hall of Fame

January 13, 2011
Ceremony at Indiana Roof Ballroom on Feb. 17 will honor Michael G. Browning, David R. Frick, Stephen Russell and the late Eli Lilly.
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Not much optimism in commercial real estate outlook

January 13, 2011
Cory Schouten
Another challenging year is in store for commercial real estate thanks to high unemployment, a still-struggling housing market and an unforgiving credit environment, Cassidy Turley plans to report Thursday at its annual State of Real Estate event.
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Analyst predicts modest year for REIT returns

January 12, 2011
Associated Press
Goldman Sachs & Co. analyst Jonathan Habermann expects a return of 5 percent to 10 percent this year after last year's 29-percent total return for REIT stocks.
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Indiana chief justice endorses sentencing changes

January 12, 2011
Associated Press
A report suggests allowing judges to sentence people convicted of lesser felonies to community corrections, which would help free up prison space for the state's worst offenders and potentially saving more than $1 billion that would otherwise go toward building new prisons.
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  1. why oh why does this state continue to elect these people....do you wonder how much was graft out of the 3.8 billion?

  2. i too think this is a great idea. I think the vision and need is there as well. But also agree with Wendy that there may be better location in our city to fulfill this vision and help grow the sports of hockey and figure skating in Indy. Also to help further develop other parts of the city that seem often forgotten. Any of the other 6 townships out side of the three northernmost could benefit greatly from a facility and a vision like this. For a vision that sounds philanthropic, the location is appears more about the money. Would really like to see it elsewhere, but still wish the development the best of luck, as we can always use more ice in the city. As for the Ice growth when they return, if schedules can be coordinated with the Fuel, what could be better than to have high level hockey available to go see every weekend of the season? Good luck with the development and the return of the Ice.

  3. How many parking spaces do they have at Ironworks? Will residents have reserved spaces or will they have to troll for a space among the people that are there at Ruth Chris & Sangiovese?

  4. You do not get speeding ticket first time you speed and this is not first time Mr.Page has speed. One act should not define a man and this one act won't. He got off with a slap on the wrist. I agree with judge no person was injured by his actions. The state was robbed of money by paying too much rent for a building and that money could have been used for social services. The Page family maybe "generous" with their money but for most part all of it is dirty money that he obtained for sources that are not on the upright. Page is the kind of lawyer that gives lawyers a bad name. He paid off this judge like he has many other tine and walked away. Does he still have his license. I believe so. Hire him to get you confiscated drug money back. He will. It will cost you.

  5. I remain amazed at the level of expertise of the average Internet Television Executive. Obviously they have all the answers and know the business inside and out.

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