News & Analysis

WellPoint exec sees health insurer 'oligopoly' coming

June 24, 2010
Bloomberg News
U.S. health insurers are “moving towards an oligopoly,” a process that this year’s health-care overhaul will accelerate, the investor-relations chief at WellPoint Inc. said Thursday.
More

Greenwood mobile home park sold to Illinois firm

June 24, 2010
Indy Mobile purchases 527-lot Friendly Village through a court-appointed receiver.
More

Fort Ben home, condos fail to sell at auction

June 24, 2010
Cory Schouten
Auction turns up no buyers for the former home of the commanding general at Fort Benjamin Harrison and four condominiums at the old Army base.
More

Graphics firm adds workers to fulfill TruGreen deal

June 24, 2010
TKO Graphix in Plainfield calls back 15 workers and adds another 15 to help install graphics on 6,000 vehicles operated by the national lawn care company.
More

Senator: For-profit colleges require tougher oversight

June 24, 2010
Bloomberg News
For-profit colleges like ITT Technical Institutes need tougher oversight and regulation, according to a report from a Democratic Senate committee chairman that questions the industry’s advertising spending, tuition costs and reliance on taxpayer money.
More

Suitor extends tender offer for Emmis

June 24, 2010
Associated Press
JS Acquisition Inc., a company owned by Emmis Communications CEO Jeffrey Smulyan, extended its buyout offer to July 30.
More

Ohio plant eyes Indiana to avoid environmental rule

June 23, 2010
Associated Press
Ohio's governor has asked state environmental regulators to come up with a way to save 214 jobs at a northwest Ohio plant that is considering a move to Indiana.
More

OneAmerica to acquire McCready and Keene

June 23, 2010
J.K. Wall
McCready and Keene Inc. is the fifth-largest employee benefits firm in the Indianapolis area. It employs 95 people nationally, 82 of them in Indianapolis, according to IBJ research.
More

Democratic secretary of state hopefuls critical of voter ID law

June 23, 2010
 IBJ Staff and Associated Press
Both Democrats seeking their party's nomination for Indiana secretary of state are critics of the state's voter identification law, which they would have a role in enforcing as the top state election official.
More

Indianapolis International lands direct service to Branson

June 23, 2010
 IBJ Staff
Houston-based ExpressJet on Sept. 10 will begin four weekly flights to Branson on behalf of Branson AirExpress, the Indianapolis Airport Authority announced Wednesday morning.
More

Recession temporarily slows suburban migration

June 23, 2010
Peter Schnitzler
Using U.S. Census data, the Indiana Business Research Center finds Indianapolis' population grew by 6,854 residents last year while Fishers, Noblesville, Carmel and Greenwood saw less-than-average gains.
More

Health Foundation hires development director

June 23, 2010
Kathleen McLaughlin
Key Indianapolis Museum of Art fundraiser Kathy Nagler has been hired as the first development director for Health Foundation of Greater Indianapolis.
More

National new-home sales plunged to record low in May

June 23, 2010
Bloomberg News
Purchases of new homes in the United States fell in May to a record low as a federal tax credit expired, showing the market remains dependent on government support.
More

Sale of local funeral home, cemetery business finalized

June 23, 2010
Pennsylvania-based StoneMor Partners could pay up to $32 million for Memory Gardens Management Co. after trust-fund and debt obligations are made.
More

Hospital jobs keep growing in recession

June 23, 2010
J.K. Wall
Hospitals continued to be a stable and slightly growing source of jobs and wages in Indiana—for better and for worse. The sector paid $7.3 billion to 127,000 Hoosiers in 2008, according to the latest data from the American Hospital Association.
More

Medicare cuts hit doctors as Congress feuds

June 23, 2010
J.K. Wall
Physician offices will begin receiving payments from the Medicare that are 21.3-percent below what they’ve been getting so far this year. Doctors still expect Congress to reverse the payment cuts, but physicians and the Medicare program will have to reprocess claims, costing both extra money.
More

Q&A

June 23, 2010
J.K. Wall
David Stocum is the director of the Center for Regenerative Biology and Medicine at the IUPUI School of Science. He and his team are studying how amphibians regenerate parts of their bodies to see if there are ways to induce humans to regenerate tissue that is lost or damaged. The center has about 20 researchers and funding of about $14 million to fuel its quest.
More

Plan to run fiber optic lines along greenways has legal hurdles

June 23, 2010
 IBJ Staff
The city of Indianapolis wants to generate revenue by using greenways as fiber optic corridors. But previous legal battles over leasing rights-of-way to utilities could hang up the plan.
More

LEADING QUESTIONS: How Staubach fields his team

June 23, 2010
Mason King
Staubach_WatchVideoNFL Hall of Famer turned exec huddles with IBJ about confidence, hard work, and placing personnel.
More

Schrenker auction expected to fall well short of claims

June 22, 2010
Associated Press
More than $30 million in claims have been filed against Marcus Schrenker, but a court-appointed receiver expects an auction of the financier's property on Saturday to bring in less than $1 million.
More

IEDC responds to House speaker's public records request

June 22, 2010
Peter Schnitzler
Indiana Secretary of Commerce Mitch Roob's letter Tuesday to Democrat Pat Bauer details IEDC's approach to job-creation incentives and its clawback efforts in the recession.
More

Web firm promises 107 new jobs after '08 pledge fell short

June 22, 2010
Scott Olson
Fusion Alliance made a similar agreement to receive state and local incentives in 2008, but the jobs failed to materialize.
More

Study of local mortgage defaults shows benefit of counseling

June 22, 2010
Peter Schnitzler
A study by the Federal Reserve Bank of Chicago finds a strong correlation between pre-mortgage credit counseling and loan performance after comparing Indianapolis Neighborhood Housing Partnership clients with other low-income Marion County borrowers.
More

PNC foreclosing on Janus Lofts building

June 22, 2010
Cory Schouten
Pittsburgh-based PNC Bank has filed to foreclose on the historic five-story Janus Lofts building at 240 S. Meridian St.
More

Brother of late CEO takes helm at Holiday World

June 22, 2010
 IBJ Staff
Dan Koch has been named president and CEO of Holiday World & Splashin' Safari amusement park in southern Indiana, taking over after the unexpected death of his brother Will earlier this month.
More
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. In reality, Lilly is maintaining profit by cutting costs such as Indiana/US citizen IT workers by a significant amount with their Tata Indian consulting connection, increasing Indian H1B's at Lillys Indiana locations significantly and offshoring to India high paying Indiana jobs to cut costs and increase profit at the expense of U.S. workers.

  2. I think perhaps there is legal precedence here in that the laws were intended for family farms, not pig processing plants on a huge scale. There has to be a way to squash this judges judgment and overrule her dumb judgement. Perhaps she should be required to live in one of those neighbors houses for a month next to the farm to see how she likes it. She is there to protect the people, not the corporations.

  3. http://www.omafra.gov.on.ca/english/engineer/facts/03-111.htm Corporate farms are not farms, they are indeed factories on a huge scale. The amount of waste and unhealthy smells are environmentally unsafe. If they want to do this, they should be forced to buy a boundary around their farm at a premium price to the homeowners and landowners that have to eat, sleep, and live in a cesspool of pig smells. Imagine living in a house that smells like a restroom all the time. Does the state really believe they should take the side of these corporate farms and not protect Indiana citizens. Perhaps justifiable they should force all the management of the farms to live on the farm itself and not live probably far away from there. Would be interesting to investigate the housing locations of those working at and managing the corporate farms.

  4. downtown in the same area as O'malia's. 350 E New York. Not sure that another one could survive. I agree a Target is needed d'town. Downtown Philly even had a 3 story Kmart for its downtown residents.

  5. Indy-area residents... most of you have no idea how AMAZING Aurelio's is. South of Chicago was a cool pizza place... but it pales in comparison to the heavenly thin crust Aurelio's pizza. Their deep dish is pretty good too. My waistline is expanding just thinking about this!

ADVERTISEMENT