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News & Analysis
Indiana farmers catching up on some planting
May 14, 2013
Associated PressA weekly report says 30 percent of Indiana's corn crop was planted as of Sunday, up from 8 percent the week before, but still
off the 5-year average of 54 percent.
MoreThree WellPoint directors step down, cite personal reasons
May 13, 2013
Bloomberg NewsLenox Baker, Sheila Burke and Susan Bayh resigned from the board effective immediately, Indianapolis-based WellPoint said
Monday in a regulatory filing.
MoreBroad Ripple flooding in 2012 becoming costly for city
May 13, 2013
Associated PressThe city of Indianapolis faces possibly paying several hundred thousand dollars for a restaurant badly damaged by flooding
that swamped a neighborhood during a downpour a year ago.
MoreWRTV adds Avon native to its weather team
May 13, 2013
IBJ StaffWRTV Channel 6 has hired central Indiana native Kyle Mounce as its newest meteorologist, the Indianapolis TV station announced
Monday night.
MoreManufacturer planning expansion, 100 jobs in Boone County
May 13, 2013
IBJ StaffCNH Parts & Service, the product-support division of international manufacturing giant CNH Global NV, plans a $13.3 million
expansion in Lebanon.
MoreMichigan doctor named dean of IU School of Medicine
May 13, 2013
Associated PressDr. Jay Hess was picked to become the 10th dean in the school of medicine's 110-year history and the first dean in the past
five to come from outside IU.
MoreIndiana device makers absorbing Obamacare excise tax
May 13, 2013
J.K. WallThe state's medical-device companies are finding that they cannot pass on the new medical-device tax created by Obamacare
to their hospital customers, causing them to continue to make cuts and to look to foreign markets for more profitable growth.
MoreIndianapolis schools encounter more ISTEP glitches
May 13, 2013
Associated PressIndianapolis students trying to complete standardized tests that already have been delayed by technical issues have encountered
more problems.
MoreUPDATE: Brizzi lieutenant agrees to guilty plea in bribery case
May 13, 2013
Cory SchoutenDavid Wyser, the top deputy under former Marion County Prosecutor Carl Brizzi, was charged with bribery for his role in the
early release of a woman convicted in a murder-for-hire scheme.
MoreArea homes sell at faster clip
May 13, 2013
Purchase agreements for existing homes in the Indianapolis area increased 13.2 percent in April. Home sales have jumped in
each of the first four months of the year.
MoreNew north-side IndyGo route starts in June
May 13, 2013
Kathleen McLaughlinIndyGo will begin new crosstown service June 10 on 86th Street, the result of a $6 million budget increase that has funded
improvements throughout the bus system.
MoreStudy rebuts hospitals' argument on Medicare, rising costs
May 13, 2013
Rather than raising prices on private health insurers to make up for inadequate payments from the government, hospitals across
the country have been raising prices just because they can, according to a new study.
MoreFoes organizing against central Indiana wind farm plans
May 13, 2013
Associated PressA Chicago-based company is seeking permission from Delaware County officials to build about 30 turbines across 15,000 acres
of agricultural areas northeast of Muncie.
MoreFirst Merchants' deal to make it state's second-biggest bank
May 13, 2013
Greg AndrewsThe acquisition of CFS Bancorp Inc. will increase First Merchants' assets to $5.4 billion and leave it with nearly 100
offices.
MoreHigh court rules against Indiana farmer in patent case
May 13, 2013
Associated PressThe Supreme Court has sustained Monsanto Co.'s claim that an Indiana farmer violated the company's patents on soybean
seeds that are resistant to its weed-killer.
MoreBall State president among nation's highest paid
May 13, 2013
IBJ Staff and Associated PressBSU's Jo Ann Gora was the fifth-highest-paid public college president in the United States during the 2011-12 academic year,
according to a new survey released Monday.
MoreIndiana schools seeing more success with tax hikes
May 12, 2013
Associated PressIndiana school districts that won voters' approval last week for the majority of the tax increases they had sought to
boost school funding may be becoming more skilled at selling the public on the need for those tax hikes.
MorePence signs measure overhauling Marion County government
May 11, 2013
IBJ StaffIndiana Gov. Mike Pence on Saturday signed a bill into law that reshapes Marion County government through the elimination
of four at-large City-County Council seats and other changes.
More'Pause' on Common Core leaves teachers in limbo
May 11, 2013
Associated PressLawmakers voted last month to delay full implementation of the academic standards to allow time to study the potential costs
of implementing or abandoning the standards and hold public meetings.
MoreIndiana credit unions are booming again
May 11, 2013
Norm Heikens, Chris O'MalleyCredit unions last year posted record earnings, thanks largely to lower loan-loss reserves, as well as to growing memberships,
growing debit cards, selling off mortgages and stealing business loans away from banks, their arch rivals.
MoreFARRA: Don't expect big dividends from banks anytime soon
May 11, 2013
George Farra / Special to IBJBanks will not return to their status as reliable sources of shareholder dividends for three years or longer.
MoreLawsuit threatens NCAA's amateur business model
May 11, 2013
Anthony SchoettleOn June 20, a California federal court will determine if an antitrust lawsuit brought by former UCLA basketball player Ed
O’Bannon—who argues he should’ve been paid for the use of his likeness on game broadcasts and in EA Sports
video games—can become a class action.
MoreDevelopment may spawn TIF tug of war
May 11, 2013
Kathleen McLaughlinThe developer of a $17 million mixed-use project proposed for Broad Ripple is expected to seek a city subsidy—support
that at least one City-County councilor believes should be reserved for neighborhoods starved for investment farther south.
MoreSlingshot is shifting aim away from SEO
May 11, 2013
Dan HumanAfter Google cracked down on some of the tools companies were using to improve their positions in search results, Indianapolis-based
Slingshot SEO opted to launch a sister brand called Digital Relevance that will focus on earning media attention.
MoreCo-founder's death alters Naked Monkey's growth plan
May 11, 2013
Andrea Muirragui DavisThe recession and then the death of a founder put the Carmel waxing spa on a new trajectory. Now co-owner Brenda Schultz is
mulling expansion plans.
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Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.
Does the buyer get to keep the recent Accu-Chek J.D. Power award? Be careful, those Swiss cannot be trusted. Last June they pimped Mayor Ballard and former Governor Daniels at a media op, announcing plans to invest "$300 million at its Indianapolis headquarters, creating up to 100 new jobs by 2017," only to turn around and close the Roche Nutley, NJ facility and eliminate 1000 jobs there later the same week. It seems that healthcare can be innovated only as long as money is to be made. Right now Roche seems to have big eyes for China: there are many Chinese in China and potential billions in Swiss francs! Since Roche is having difficulty with US insurance companies swallowing the bill for overpriced cancer drugs (with debatable efficacy) why not sell insurance to the Chinese and market the drugs to them there? There is a name for these sort of business practices however proper decorum precludes it use in this forum.
Same kind of Luddites who oppose I-69. Guessing their 501(c)(4) application probably sailed right through the IRS.