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News & Analysis
Emmis loses license to operate Hungarian station
November 19, 2009
Hungarian officials took off the air Wednesday a national radio station operated by Emmis Communications Inc. and awarded
the license to one of the country’s political parties.
MoreSpeedway breaks ground on redevelopment project
November 19, 2009
Scott OlsonSpeedway officials broke ground Thursday morning on the first phase of a $500 million redevelopment project they hope will transform the small town into a year-round racing-themed destination.
Computer woes slow air traffic across the nation
November 19, 2009
Associated PressThe Federal Aviation Administration said the problem was fixed about 10 a.m. Thursday, but it was unclear how long flights
would continue to be delayed. Dozens of flights to Indianapolis International Airport have been affected.
MoreConseco plans new stock offering
November 19, 2009
IBJ StaffConseco Inc. plans to sell about $230 million in stock and use half of the net proceeds to repay debt under its senior credit
agreement.
MoreEgg industry debates ethics of cage sizes
November 19, 2009
IBJ Staff and Associated PressThe answers could have big implications for the egg industry, which counts Indiana as one of its leading producers. The Hoosier
state ranked third in egg production in 2008, trailing only Iowa and Ohio.
MoreFinancial flexibility drew Civic Theatre to Carmel center
November 19, 2009
Kathleen McLaughlinThe Indianapolis Civic Theatre could take as long as 20 years to pay the $10 million fee it agreed to as part of a deal to
relocate to the state-of-the-art Regional Performing Arts Center in Carmel.
MorePremier Properties founder gets home detention for fraud
November 18, 2009
Cory SchoutenA judge on Wednesday afternoon sentenced Christopher P. White to one year on home detention and three years of probation in
connection with a $500,000 bad check he wrote last year as he tried to save his real estate development firm, Premier Properties
USA Inc.
MoreState lands $4 million grant to aid autoworkers
November 18, 2009
The U.S. Department of Labor awarded the Indiana Department of Workforce Development a $4 million grant on Wednesday to help
autoworkers transition into alternate careers.
MoreInlow estate decision reversed by high court
November 18, 2009
Jennifer Nelson / The Indiana LawyerThe Indiana Supreme Court on Wednesday delivered some good news to the widow of former Conseco Inc. Chief Counsel Lawrence
Inlow, reversing a lower court’s order that she pay his estate $284,034 for funeral expenses.
MoreConner Prairie reports rising attendance, revenue
November 18, 2009
Scott OlsonConner Prairie is ending 2009 in relatively better health than last year, as attendance and revenues are up at the same time
donations are lagging, executives of the living history museum said Wednesday.
MoreLilly stock droops after rival claims faster-acting impotence pill
November 18, 2009
IBJ StaffCalifornia-based Vivus claims its drug acts in 30 minutes, compared with about 2 hours for Lilly's Cialis.
MoreGreenwood closer to annexing portions of township
November 18, 2009
A proposal to incorporate portions of White River Township into the city of Greenwood passed a major hurdle on Tuesday.
MoreLilly Endowment boosts emergency fund by $1M
November 18, 2009
Kathleen McLaughlinThe fund has helped more than 6,000 households in six counties pay for housing, utilities and food.
MoreElectric car maker plans Indiana manufacturing plant
November 18, 2009
IBJ StaffNorwegian electric car maker Think Global will locate its U.S. manufacturing facility in Indiana, Reuters reported Tuesday,
citing information from a major investor in the company.
MoreSimon exploring bid to purchase rival General Growth
November 18, 2009
General Growth is the second-largest U.S. mall owner, trailing only Indianapolis-based Simon Property Group, with more than
200 regional malls in 44 states.
MoreCivic Theatre confirms plans to relocate to Carmel
November 17, 2009
IBJ StaffIndianapolis Civic Theatre will move from the campus of Marian University to the Regional Performing Arts Center under construction
in Carmel. The theater and Carmel Redevelopment Commission released a joint statement Tuesday announcing a long-term deal
that calls for the Civic to pay $10 million to be the center’s primary occupant.
MoreLawrence Township exploring fire department merger
November 17, 2009
A Lawrence Township trustee is proposing to merge the township’s fire department with the Indianapolis Fire Department,
in an attempt to further reduce its operating deficit.
MoreCutbacks help Remy improve quarterly profit
November 17, 2009
Auto parts maker Remy International Inc. said Monday that profit rose to $16.5 million in the third quarter, up from $4.3
million in the same quarter a year ago, as the company cut staff and pay to compensate for lagging sales.
MoreAuthorHouse parent hooks up with publisher Harlequin
November 17, 2009
Bloomington-based Author Solutions Inc. announced Tuesday that it has entered into a self-publishing partnership with Toronto-based
Harlequin Enterprises Limited, a prolific publisher of romance novels.
MoreSymphony reports record shortfall of $2.8 million
November 16, 2009
Kathleen McLaughlinIndianapolis Symphony Orchestra CEO Simon Crookall said he's expecting a smaller but still significant gap of $1.3 million
in the 2010 budget year.
MoreProperty tax-cap issue could dominate next Indiana Legislature
November 16, 2009
Scott OlsonLawmakers meet Tuesday for Organizational Day and will begin debating measures Jan. 5 when the Legislature officially convenes
for a short session.
MoreFailed jewelry retailer to sell millions in inventory
November 16, 2009
Greg AndrewsAn old-line Indianapolis jewelry business has shut down, setting the stage for the sale of millions of dollars in remaining
inventory through auctions planned in Indianapolis, Chicago, Miami and Naples, Fla.
MoreBiz interests expect tax issues to vex Legislature
November 16, 2009
Scott OlsonIncreases in property and payroll taxes are among the key issues again confronting the business community when the General
Assembly convenes in January.
MoreMayor's European mission focusing on motorsports industry
November 16, 2009
A delegation of business and community leaders led by Indianapolis Mayor Greg Ballard departed for Europe Nov. 14 on a nine-day
economic
development mission to help grow the city’s motorsports industry.
MoreArcadia sees bigger quarterly loss on lower revenue
November 16, 2009
J.K. WallHealth care company Arcadia Resources Inc. saw growth in pharmacy business, offset by slower medical staffing sales.
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We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)
True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.
The Prestige was a great flick.
Larry - even though the race is on ABC, ESPN does all of the work, so that is why ESPN is mentioned. Most sports on ABC are called something like "ESPN on ABC."
My oldest daughter graduated from IU with a Secondary Education degree. She graduated with honors and spent 3 years trying to find a teaching job in Indiana. Many of her fellow education degree graduates still don't have teaching jobs. As schools downsize and cut budgets, less teaching jobs are available. I'm not sure I see why we feel the need to bring more teachers to Indiana.