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News & Analysis
Loan losses contribute to First Internet's poor earnings
November 4, 2009
Indianapolis-based First Internet Bancorp on Wednesday said it lost $208,806 in the third quarter, as loan losses continued
to increase.
MoreSenate probing WellPoint, others over small-biz rates
November 4, 2009
IBJ Staff and Associated PressThe Senate health care committee is investigating how health insurers, including Indianapolis-based WellPoint Inc., price
the coverage they sell to small businesses.
MoreWork on new Wishard Hospital set to start next week
November 4, 2009
J.K. WallAfter winning 83-percent support for $754 million hospital, Wishard officials hope to sell bonds, pick construction firm
by year's end.
MoreBloomington chamber weighs in on chain-store ban
November 4, 2009
Kathleen McLaughlinThe Greater Bloomington Chamber of Commerce is opposing Mayor Mark Kruzan’s proposal to restrict chain stores and
restaurants downtown.
MoreNew downtown museum invites visitors to bang a drum
November 4, 2009
Kathleen McLaughlinThe Percussive Arts Society plans to open an interactive museum at Washington and Illinois streets downtown.
MoreBeech Grove school referendum passes, two others fail
November 4, 2009
Voters in Beech Grove on Tuesday endorsed a tax increase to keep school buses operating, while other education-related measures
in two Marion County townships failed.
MoreWellPoint, White House sling reform studies
November 4, 2009
J.K. WallHealth insurer says premiums would fall for local employers with unhealthy workers, but costs would rise for firms with
average or healthy workers.
MoreBlue River posts loss on poor loan climate
November 4, 2009
Shelbyville-based Blue River Bancshares Inc. on Tuesday night said mounting loan losses contributed to a third-quarter loss
of $356,000.
MoreCalumet improves quarterly profit despite sales hit
November 4, 2009
IBJ StaffCalumet Specialty Products LP posted a profit of $3.9 million in the third quarter, recovering from a $12.5 million loss in
the same period last year.
MoreHat World acquires 37-store Sports Fan-Attic chain
November 3, 2009
Cory SchoutenLocally based Hat World Inc. has agreed to acquire a popular 37-store athletic retail chain in hopes of doing for collegiate
and professional sports licensed apparel what Hat World did for headwear.
MoreNew Wishard gets overwhelming approval in referendum
November 3, 2009
IBJ StaffUnofficial results from Tuesday night's special election show more than eight out of 10 Marion County voters supporting a
new $754 million hospital for Wishard Health Services.
MoreCity Market board sought 3-year closure for redevelopment
November 3, 2009
Peter SchnitzlerBoard president says he quit after Indianapolis Mayor Greg Ballard declined proposal to shut down historic landmark until
2013 for major renovation.
MoreBrake manufacturer closure costs 118 jobs
November 3, 2009
Carlisle Industrial Brake and Friction has notified the state that it will close a manufacturing plant in Logansport, resulting
in the loss of 118 jobs.
MoreGreensburg manufacturer sold, jobs moving to Oklahoma
November 3, 2009
The Autoquip Corp. has completed its acquisition of American Lifts in Greensburg and will be moving nearly 50 jobs to company
headquarters in Guthrie, Okla.
MoreWishard receives $6 million gift from Fairbanks
November 3, 2009
The Wishard Foundation said it has received a $6 million grant from the Richard M. Fairbanks Foundation that will be used
to help fund construction of a new Wishard Hospital, if Marion County voters approve the project.
MoreProperties in play along Market Street
November 3, 2009
Tom HartonFour properties for sale along a two-block stretch of East Market Street downtown are likely to offer the first signs of what’s
in store for an area real estate brokers think will get a boost from the recent removal of the Market Street interstate ramp.
MoreLilly reducing sales force by 191 as part of larger restructuring
November 2, 2009
Eli Lilly and Co. has notified the state that it plans to eliminate 191 sales jobs as part of a company-wide restructuring
announced
in September
that ultimately will result in 5,500 job cuts by the end of 2011.
MoreFirst Merchants posts quarterly loss on bad loans
November 2, 2009
Muncie-based First Merchants Corp. said Monday afternoon that loan charge-offs contributed to a loss of $6.4 million in the
third quarter.
MoreOhio casino question could affect Indiana
November 2, 2009
IBJ Staff and Associated PressOhio voters are poised to weigh in on a ballot question that would authorize casinos in Cincinnati, Cleveland, Columbus and
Toledo.
MoreWishard hopes to overcome taxpayer skepticism in referendum
November 2, 2009
J.K. WallTuesday's vote will determine if Marion County Health & Hospital Corp. can sell up to $703 million in taxpayer-backed bonds
to replace the county-owned hospital.
MoreIndiana students excel in some types of math
October 31, 2009
Scott OlsonIndiana schools are making huge strides in teaching students math required for careers in science, engineering and information
technology jobs. But education experts point to stagnant test scores on national math exams as confirmation that many students
still are not excelling, or are not even proficient, in the subject.
MoreHealth insurer Anthem's market share swells
October 31, 2009
J.K. WallIndianapolis-based WellPoint Inc.'s Anthem Blue Cross and Blue Shield subsidiary claimed 42.5 percent of central Indiana residents
covered by private health insurance
this year, up from 35-percent last year, according to a market research firm.
MoreEconomic turmoil hasn't shaken up local banks' market shares
October 31, 2009
Peter SchnitzlerOne of the toughest runs for the finance industry since the Great Depression didn’t lead to a major shakeup in Indianapolis’
banking landscape. Substitute PNC’s brand for National City’s, and the top eight positions remain unchanged.
MoreGreenwood seeks $75M in stimulus funds to speed road plans, lure interchange
October 31, 2009
Kathleen McLaughlinThe Johnson County community hopes an economic stimulus grant for transportation will hasten its plans to build an east-west
thoroughfare and set the stage for a new Interstate 65 interchange.
MoreAnderson gas-station chain sues BP after 32-store deal sours
October 31, 2009
Peter SchnitzlerRicker Oil's Oct. 22 suit claims British petroleum giant BP is charging unjustified royalty fees while delivering no boost
from its national advertising, its proprietary IT system or its bulk purchase pricing.
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.