News & Analysis

Fix-up list is long as Indianapolis prepares for 2012 Super Bowl

January 29, 2011
Chris O'Malley
Plenty of opportunities await city officials bent on making downtown shine for the massive event.
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Molecules are moneymakers for software firm Indigo BioSystemsRestricted Content

January 29, 2011
Chris O'Malley
Eli Lilly and Co. spin-off has landed new private investment and may double its work force this year.
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Bill would force owners of electric cars to pay feeRestricted Content

January 29, 2011
Chris O'Malley
Special charge would help offset lost gas-tax revenue.
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Measure would allow photo radar cameras in school and construction zonesRestricted Content

January 29, 2011
Chris O'Malley
Legislature considering use of same technology used to nab those who disregard traffic signals.
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Mattel may build Hot Wheels track at IMSRestricted Content

January 29, 2011
Anthony Schoettle
IndyCar Series and Indianapolis Motor Speedway officials are working on a deal with California-based Mattel Inc. to build a life-size Hot Wheels track in the Speedway’s infield in conjunction with the centennial running of the Indianapolis 500 this May.
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Firms put off paying, despite easing financial pressure

January 29, 2011
Norm Heikens
The trend toward small businesses' delaying payments appears to have leveled off, but it's still unclear how soon—or even whether—receivables will return to the 30 days that was standard for most businesses before the recession began in December 2007.
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Mini Thin marketer slapped with suitRestricted Content

January 29, 2011
Kathleen McLaughlin
A Carmel man whose Mini Thin dietary supplement was sold through convenience stores nationwide before the government banned its active ingredient now faces allegations of bankruptcy fraud.
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Charter school's nimble approach could become the norm

January 29, 2011
Francesca Jarosz, J.K. Wall
Indianapolis Metropolitan High School implemented a school-wide overhaul in its educational approach in only three months. The charter school might be the face of the future for all Indiana public schools.
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Judges to hear challenge to state’s alcohol permit process

January 28, 2011
Scott Olson
A panel of Indiana Court of Appeals judges on Monday will consider a complaint from the Indiana Association of Beverage Retailers, which insists too many competing drugstores are receiving beer permits.
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King Systems' two top execs exit company

January 28, 2011
Scott Olson
An executive at the Noblesville firm's parent company said the departures of CEO Don Dumoulin and Chief Financial Officer Yun Kim were the result of a "mutual agreement." A search is under way for replacements to lead one of the area's largest medical device manufacturers.
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Westfield sports complex scores deal with youth baseball group

January 28, 2011
Francesca Jarosz
City officials hope landing the Lids Indiana Bulls as a tenant at the planned Grand Park Sports Campus will help drive thousands of visitors to the 300-acre site—and nearby businesses.
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Interactive Intelligence reports higher profit, revenue

January 28, 2011
A rise in large orders enabled the business-communications software firm to more than double profit to more than $10.4 million in the fourth quarter. Revenue leaped 41 percent, to $50.7 million.
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Marketing firm VMS plans growth, new jobs

January 28, 2011
 IBJ Staff
Event-planning powerhouse VMS Inc. plans to invest more than $1.5 million to expand its Indianapolis life sciences marketing operation and create as many as 102 jobs over the next four years, state officials said Friday morning.
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Pence won't run for president; no word on governor's race

January 27, 2011
Associated Press
U.S. Rep. Mike Pence said Thursday he won't seek the Republican nomination for president in 2012 because he wants to focus on issues "closer to home" — a message some supporters are interpreting as his clearest sign yet that he'll run for Indiana governor.
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Indiana Health Information Exchange hires new CEO

January 27, 2011
Scott Olson
Harold Apple takes over for J. Marc Overhage, who will remain with the organization as its chief strategic officer and national policy adviser. IHIE is one of four operational exchanges in Indiana that allows for the sharing of medical records electronically.
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Local Tea Party group takes aim at Carmel mayor

January 27, 2011
Francesca Jarosz
A new Carmel-based Tea Party group, the Constitutional Patriots, has set its sights on Carmel Mayor Jim Brainard, taking issue with his spending on projects like the $170 million Center for the Performing Arts.
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Senate to consider ban of texting while driving

January 27, 2011
Associated Press
Previous attempts to ban texting while driving have cleared the House but met resistance from conservative leaders in the Senate. It will get a hearing this year, Sen. David Long said.
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Aerospace firm plans to add 159 engineering jobs

January 27, 2011
 IBJ Staff
Aero Engine Controls plans to invest as much as $8.5 million to expand its operations near Indianapolis International Airport, adding up to 159 jobs over the next two years.
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Duke Realty reports strong year-end results

January 27, 2011
Cory Schouten
Duke Realty Corp. reported a fourth-quarter profit almost 70 percent above last year's figure as it closed out its best leasing year since 2007 and finished with its highest annual portfolio occupancy rate since 2004.
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Lilly's fourth-quarter profit surges, topping analysts' predictions

January 27, 2011
J.K. Wall
The Indianapolis-based drugmaker earned $1.2 billion in the quarter, compared with $915 million in the same period a year ago. Profit per share beat Wall Street forecasts by a penny.
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U.S. says new rules would cut thousands of coal jobs

January 26, 2011
Associated Press
The Obama administration's own experts estimate their proposal for protecting streams from coal mining would eliminate thousands of jobs and slash production across much of the country
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Sony moving 150 jobs to Terre Haute plant

January 26, 2011
Associated Press
A plant closing in New Jersey will result in 150 jobs moving to Sony DADC's factory in Terre Haute.
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Bren Simon fires attorneys in estate dispute, appeals ruling

January 26, 2011
Cory Schouten
Bren Simon is poised to replace her outside legal team in favor of a heavy hitter from Chicago as she appeals two courtroom setbacks in Hamilton County.
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Scholarship bill raises questions about minors on campus

January 26, 2011
Francesca Jarosz
As Indiana lawmakers ponder a bill that would give high school students an incentive to graduate early, state university leaders are bracing for the possible impact—an influx of minors onto their campuses.
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Bill advances to set 40 as Indiana's alcohol ID age

January 26, 2011
Associated Press
The bill would change a much-ridiculed law that took effect last summer requiring everyone — regardless of age — to be carded for carryout alcohol.
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