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News & Analysis
Mobile health apps could cut into state companies' market share
May 18, 2013
J.K. WallThe future of Indiana’s sprawling health care and life sciences industry might be threatened by an unlikely source:
smartphone apps.
MoreKENNEDY: We the ignorant people
May 18, 2013
Sheila Suess KennedyLike it or not, the United States is a country where, increasingly, people read different books and newspapers, visit different
blogs, watch different television programs, attend different churches and even speak different languages.
MorePINCUS: State needs better life sciences startup ecosystem
May 18, 2013
Jack Pincus / Special to IBJIndiana’s life sciences sector is mostly composed of legacy companies.
MoreFirms ladle trips, car allowances on top of rich pay packages
May 18, 2013
Dan HumanSenior executives at Indiana's public companies last year received, on average, more in perks than the typical Hoosier
earned all year, IBJ found after reviewing Securities and Exchange Commission documents for more than 60 Indiana
companies.
MoreOesterle sells land to Angie's List, reaping millions
May 18, 2013
Chris O'MalleyAngie’s List Inc. CEO Bill Oesterle has collected millions of dollars over the years by renting to the company property
for its campus along East Washington Street. Now, the landlord and chief executive is pocketing millions more by selling Angie’s
the property, at well above its assessed value.
MoreAnimation firm recognized for children's book
May 18, 2013
The youthful animators at The Basement have won the Independent Publisher’s Book Awards’ silver award for their
first children’s e-book, “Every Walrus Can Fly.”
MoreINDOT will build interchange at U.S. 31 and S.R. 28
May 18, 2013
Indiana is upgrading and bypassing congested sections of U.S. 31 near Kokomo, South Bend and Indianapolis. When completed,
the projects are expected to remove 32 stoplights from the route, cutting a half hour off travel time.
MoreCenterfield rounds up $171M for new fund
May 18, 2013
Dan HumanAn Indianapolis private investment firm has raised one of the largest-ever funds in the state. Centerfield Capital Partners
pulled in $171 million that it plans to invest in about 20 companies. Its two previous funds totaled $60 million and $116
million.
MoreWISH-TV rakes in bucks with city's only locally produced lifestyle show
May 18, 2013
Chris O'Malley"Indy Style"--an hour’s worth of TV programming on everything from recipes to music to fitness to screen-door-repair
tips--fills its show with guests who are a combination of invited guests, sponsors and one-time-only advertisers.
MoreGreenwood, Whiteland try to spur, shape growth
May 18, 2013
Kathleen McLaughlinTwo Johnson County communities are determined to capture—and control—the next wave of suburban growth.
MoreUnion looks to settle with workers over right-to-work issue
May 17, 2013
Kathleen McLaughlinA local union charged with violating Indiana’s right-to-work law is hoping to settle with six workers who say their
dues were improperly collected.
MoreDuke's CFO heading to Chicago real estate firm
May 17, 2013
IBJ StaffChristie Kelly is credited with playing a critical role at Duke in helping the company keep a strong financial position during
the recession and economic recovery.
MoreIndiana withdraws support for fertilizer plant
May 17, 2013
Associated PressState officials have withdrawn incentives for a fertilizer plant over concerns about whether its Pakistan-based owners are
doing enough at their overseas operations to keep the potentially explosive material from being used against U.S. troops.
MoreExactTarget confirms Atlanta expansion
May 17, 2013
Dan HumanIndianapolis-based digital marketer ExactTarget Inc. plans to add 225 jobs over the next five years in Georgia.
MoreReport: Roche mulls sale of blood-glucose monitor business
May 17, 2013
J.K. WallRoche Diagnostics Corp. is considering a sale of its blood-glucose meter business, a move that would cast uncertainty over
the nearly 1,000 people working for its diabetes business in Indianapolis.
MoreIndiana adds jobs; unemployment rate slips
May 17, 2013
Indiana added 4,400 nonfarm jobs in April and the unemployment rate fell slightly, to 8.5 percent, the Indiana Department
of Workforce Development reported Friday morning.
MoreRiver protest set for proposed central Indiana reservoir
May 17, 2013
Associated PressOrganizer and environmentalist Clarke Kahlo told The Herald Bulletin that the group is trying to build public awareness
of the amount of land that would disappear if the reservoir is built.
MoreNew owner shutting down 520-worker Indiana plant
May 17, 2013
Associated PressAllied Specialty Vehicles announced Thursday it was buying Monaco RV and shifting production to a factory in Decatur, near
Fort Wayne. The 520 jobs lost in Wakarusa won't be replaced on a one-to-one basis.
MoreAirport considers more parking changes
May 17, 2013
Kathleen McLaughlinIndianapolis International Airport plans to tweak another parking area, this time designating 260 spaces closest to the terminal
for people who intend to spend a short time inside.
MoreCritical questions follow reviewer's departure from Indy Star
May 17, 2013
Lou HarryThe state's largest newspaper is mum on whether reviews will continue after the Friday resignation of its fine arts critic.
Arts organizations are taking a wait-and-see attitude.
MorePANEL: Life sciences will see radically different future
May 17, 2013
IBJ convened a panel of experts at its Life Sciences Power Breakfast on May 10 to talk about the industry issues
of venture capital, digital health innovations and research university entrepreneurship.
MorePanel members included Kristin Eilenberg, CEO, Lodestone Logic, Infuse Accelerator; Philip S. Low, Purdue University professor of chemistry, founder and chief science officer at Endocyte Inc. and On Target Laboratories LLC; R. Matthew Neff, president, CHV Capital Inc.; Brian Stemme, project director; BioCrossroads; Brian S. Williams, director, Global Healthcare Strategy, PricewaterhouseCoopers International Ltd.; and Raul Zaveleta, CEO, Indigo BioSystems Inc.
The following is an unedited transcript of the discussion.
Canada’s Supreme Court won’t hear Lilly appeal on Zyprexa
May 16, 2013
Bloomberg NewsEli Lilly claims recent decisions by Canadian courts invalidating 17 drug patents have made the country an outlier among major
developed countries.
MoreCourt upholds Indiana's limit on civil damages
May 16, 2013
Associated PressThe Indiana Supreme Court has upheld the state law limiting punitive damages awarded in civil lawsuits and directs most of
that money to a state victims fund.
MoreHerff Jones acquisition to form $1B company
May 16, 2013
Mason KingDallas-based BSN Sports will join the Herff Jones portfolio of companies and continue to operate as its own branded entity.
Combined annual revenue is expected to top $1 billion.
MoreWestfield Farmers Market pulls plug on 2013 season
May 16, 2013
Andrea Muirragui DavisOrganizers at the not-for-profit Downtown Westfield Association on Wednesday said the open-air market near City Hall will
not operate this year. It had been scheduled for Friday evenings from June to September.
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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.