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News & Analysis
IndyGo ends commuter bus route from Greenwood
September 22, 2009
IBJ StaffDue to low ridership, the IndyGo Commuter Express route from Greenwood to downtown Indianapolis will end Dec. 1.
MoreIrwin Financial files for bankruptcy liquidation
September 21, 2009
Peter SchnitzlerColumbus-based Irwin Financial Corp. has filed for Chapter 7 bankruptcy, setting the stage for the liquidation of the remaining
assets of the troubled banking company.
MoreIndianapolis lands 2013 men's NCAA regional
September 21, 2009
IBJ Staff and Associated PressIndianapolis has been selected to host a regional round of the 2013 NCAA men's basketball tournament, the NCAA announced
today.
MoreMead Johnson plans expansion in Evansville
September 21, 2009
IBJ Staff and Associated PressMead Johnson Nutrition plans to spend nearly $33 million at a southwestern Indiana facility where it plans to start making
powdered infant formula products.
MoreUnfinished federal bailout sealed Irwin's failure
September 21, 2009
Peter SchnitzlerUp to the end, Columbus-based Irwin Financial Corp. anticipated a government bailout that never materialized.
MoreFort Wayne lures long-time conventions from Indy
September 21, 2009
IBJ Staff and Associated PressFort Wayne's expanded convention center and a planned downtown hotel are proving attractive to conventions, including at least
four events long held in Indianapolis.
MoreOld National selling stock to fund potential purchases
September 21, 2009
Scott OlsonEvansville-based Old National Bancorp said this morning that it is selling $150 million of its stock in a public offering
and will use some of the proceeds to fund potential acquisitions.
MoreComcast rolls out on-demand education offerings
September 21, 2009
IBJ StaffComcast Corp. is making videos seen on the Discovery Education channel available on demand to its Indianapolis-area digital
subscribers, the cable television company announced today.
MoreNASDAQ threatens to delist Emmis stock
September 21, 2009
IBJ StaffNASDAQ has notified Emmis Communications Corp. that it is in danger of being delisted if the company's stock doesn't rise
above the minimum bid price of $1 per share within the next six months.
MoreChamber puts support behind Wishard hospital proposal
September 21, 2009
J.K. WallThe Greater Indianapolis Chamber of Commerce announced its support for construction of a new Wishard Hospital and promised
to take a leadership position to help hospital leaders win voter approval for the project.
MoreMore IU, Purdue projects could move forward
September 19, 2009
Associated PressMore than $130 million in construction projects will get a chance to move forward after being put on hold over a top lawmaker's
objections to the schools' tuition increases.
MoreAnticipated development near stadium isn't materializing
September 19, 2009
Sam StallNot long ago, developers seemed to vie for every square inch of open ground in the vicinity of the just-completed Lucas Oil
Stadium. These days, the entire neighborhood has been pushed, if not into a financial deep freeze, then at the very least
to the back of the crisper drawer.
MoreDeveloper Broadbent sues banks after they tighten credit line
September 19, 2009
Peter SchnitzlerLocally based Broadbent Co., one of the city’s biggest retail developers, has sued two of its banks, charging they’re
wrongly attempting to restrict its access to a $50 million credit line.
More'Dewatering' system creates space, keeps new Marriott's basement dry
September 19, 2009
Scott OlsonA sprawling network of drainage pipes is designed to keep the underground parking garage of the new JW Marriott hotel dry.
MoreSlots revenue revives hopes of state's horse breeding industry
September 19, 2009
Kathleen McLaughlinPurses at Hoosier Park in Anderson and Indiana Downs in Shelbyville have swollen since the two tracks added slot machines
in June 2008.
MoreLilly revises playbook in effort to score more 'touchdowns'
September 19, 2009
J.K. WallThe drugmaker has successfully moved experimental drugs into position to win approval by regulators. But only once in the
last four years has a new drug actually made it to market—the industry’s equivalent of getting
across the goal line.
MoreIndiana turns away booze-distribution heavyweight
September 19, 2009
Cory SchoutenThe Indiana Alcohol and Tobacco Commission has voted to deny liquor and wine permits for Southern Wine & Spirits of
America Inc., the nation’s largest liquor distributor, citing concerns over a track record of anti-competitive behavior.
MoreSimon built mall empire from scratch, changed way America shops
September 19, 2009
Cory SchoutenMelvin Simon, who died at 82 on Sept. 16, grasped early on that creation of the nation's interstate system would pave the
way for
large, enclosed shopping centers.
MoreGreenwood merger would create one of state's largest cities
September 19, 2009
Kathleen McLaughlinThe new city would count more than 80,000 residents. In terms of population, it would zoom past Fishers and Carmel to rank
sixth or seventh in the state.
MoreNCAA, city haggle over Final Four rental deal
September 19, 2009
Anthony SchoettleA little more than six months before the 2010 NCAA men’s Final Four is set to tip off at Lucas Oil Stadium, the NCAA
has not yet finalized a rental deal for the facility. While officials for the NCAA and Local Organizing Committee,
the group charged with operating the event in Indianapolis, downplay any problems, sports business experts say it is unusual
not to have an agreement pinned down in the months leading up to the event.
MoreIs Indianapolis big enough for 'car sharing' concept?
September 19, 2009
Chris O'MalleyAn urban advocacy group is trying to bring a big-city concept to Indianapolis: car sharing. People for Urban
Progress cites environmental benefits as well as cost savings for urban dwellers who might find it practical to ditch their
seldom-used vehicles.
MoreBluefish Wireless launches unit to help firms manage wireless-phone expenses
September 19, 2009
Chris O'MalleyMobi Wireless is targeting medium-size to large companies needing more control of wireless expenses
and fewer internal resources dedicated to the task.
MoreRegulators close Irwin banking operations
September 18, 2009
IBJ StaffState and federal regulators shut down the two banking subsidiaries of ailing Irwin Financial Corp. of
Columbus. The action makes Irwin Union Bank and Irwin Union Bank FSB the first financial institution failures in Indiana since
steep losses hit the industry last year.
MoreClinton, Bird among mourners at Simon funeral
September 18, 2009
Associated PressFormer President Bill Clinton described Melvin Simon as one of the most remarkable people he's ever met as he gave a eulogy
today during the funeral for the billionaire shopping mall developer and Indiana Pacers co-owner.
MoreAirport considering privatizing parking operations
September 18, 2009
Scott OlsonThe Indianapolis Airport Authority agreed at its monthly meeting this morning to explore turning over management of the airport’s
parking operations to an outside company.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.