News & Analysis

Rolls-Royce moving 2,500 workers downtown

March 15, 2011
Scott Olson
The British-based company will move the office workers later this year to a downtown Indianapolis office building on South Meridian Street formerly occupied by Eli Lilly and Co.
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Decade-old Heartland fraud case nearing end

March 15, 2011
Scott Olson
The receiver appointed in the case is distributing the last of $2.6 million in assets he recovered from the $29 million investors lost in the Ponzi scheme.
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CIB, Colts dispute stadium concession expenses

March 15, 2011
Scott Olson
The Indianapolis Colts and its stadium manager, the Capital Improvement Board of Marion County, are squabbling over who pays certain concession expenses. The dispute ultimately could reach arbitration, if an agreement is not reached.
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OneAmerica enjoys 24-percent surge in sales

March 15, 2011
J.K. Wall
The Indianapolis-based life insurer pulled in sales last year of $1.7 billion and boosted its overall assets 12 percent, to $24.4 billion.
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State finds Notre Dame at fault in student videographer's death

March 15, 2011
Associated Press
Indiana Department of Labor Commissioner Lori Torres said Tuesday that the school will be fined $22,500 for five violations, including failing to properly train Declan Sullivan, the 20-year-old junior film student who died in the Oct. 27 accident.
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CICP exec Gifford heading regional transit task force

March 15, 2011
At the Central Indiana Corporate Partnership, Gifford will work primarily with the private-sector-led Central Indiana Transit Task Force, the regional mass transit initiative co-founded by CICP.
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Freight brokerage plans local office, 50 jobs

March 15, 2011
 IBJ Staff
Cincinnati-based Total Quality Logistics Inc., a national freight brokerage firm, plans to open a satellite office in Indianapolis in April.
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Office/retail building planned for Fort Ben

March 15, 2011
Tom Harton
Speculative development is almost unheard of these days, but the Fort Harrison Reuse Authority is taking the plunge as it works toward breaking ground this year on what it expects will be a 45,000-square-foot building geared toward retail and office tenants.
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CIB awards contracts for stadium, convention security

March 15, 2011
The Capital Improvement Board voted Monday to retain the services of three firms that currently provide security at Lucas Oil Stadium and the Indiana Convention Center, at an annual savings of $300,000.
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Fox News hires former Indiana Senator Evan Bayh

March 14, 2011
Associated Press
The network announced Tuesday it had hired Bayh to offer commentary and analysis across Fox News' programming ahead of the 2012 elections.
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Colts owner wants negotiations, not litigation

March 14, 2011
Associated Press
Jim Irsay said Monday he's "optimistic" the league will not lose the 2011 season or next year's Super Bowl in Indianapolis because of the lockout, though he is "disappointed" that players have resorted to making their case through the legal system.
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Indiana Medicaid mental health list worries advocates

March 14, 2011
Associated Press
The state budget bill moving through the Indiana General Assembly would save about $7 million each year by creating a list of preferred mental health drugs and trying to win larger rebates from manufacturers.
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City terminating contract of Eagle Creek golf manager

March 14, 2011
Scott Olson
Jerry Hayslett, who has managed the golf club on West 56th Street since 1999, will no longer be the operator, effective April 1, after he defaulted on a $3.5 million loan balance, city officials said.
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Indiana state budget website gets new features

March 14, 2011
Associated Press
New features being added to the state of Indiana's budget transparency website include the ability for users to sign up for e-mail alerts when information they are interested in is updated.
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Big Ten tournament attendance, economic impact up

March 14, 2011
Anthony Schoettle
Downtown hotel rooms were sold out three straight nights as attendance at the Big Ten men's basketball tournament hit its highest mark since 2006.
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Lilly agrees to buy European animal health company

March 14, 2011
J.K. Wall
Elanco, the animal health division of Eli Lilly and Co., has agreed to acquire Jannsen Animal Health, a subsidiary of New Jersey-based Johnson & Johnson, pending regulatory approval. Financial terms of the deal were not disclosed.
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Eagle's Nest is a survivor among rooftop eateriesRestricted Content

March 12, 2011
Anthony Schoettle
As rooftop restaurants nationwide have fallen from grace, the Eagle’s Nest, sitting high atop the 22-story Hyatt Regency Hotel in the center of downtown, continues to fly high.
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Product delays thwart $40M Roche purchase

March 12, 2011
J.K. Wall
Delays getting new diabetes meters into the U.S. market appear to have tripped up Roche Diagnostics Corp. on its way to acquiring a key software vendor.
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Do golf and business still mix?Restricted Content

March 12, 2011
Anthony Schoettle
Courses see shrinking revenue from companies, but many dealmakers still hit the links
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Best bets: Finding the Indiana casino that's a winner for youRestricted Content

March 12, 2011
Andrea Muirragui Davis
So given Indianapolis’ central location, what’s a gambler to do when she gets the urge to press her luck? Figuring that out is nearly as hard as deciding whether to hit or stand on 16.
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Hey Indiana, what's new?Restricted Content

March 12, 2011
Lou Harry
Travelers will see changes at statewide attractions.
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Banks OK with 'clean energy financing districts'Restricted Content

March 12, 2011
Scott Olson
Industry feared original bill would have put mortgage lenders at added risk.
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SOOFI: Islamic finance edging into ever-larger dealsRestricted Content

March 12, 2011
Asset-laden institutions sidestepped financial crisis.
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Regulatory overload is community banks' next big hurdle

March 12, 2011
Francesca Jarosz
Banks across Indiana are preparing for a deluge of new regulations that will cut into their bottom lines, make their businesses more complex and, in some cases, force them to consolidate.
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Antitrust lawsuit threatens 'essence' of NCAARestricted Content

March 12, 2011
Anthony Schoettle
A former Rice University football player argues that one-year limits on athletic scholarships is a “blatant price-fixing agreement” between the NCAA and its member schools.
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  1. Uh, sorry Johnnie, but you are incorrect. Despite the assertions by yourself and various defenders and captains, sports attendance is NOT off significantly at most sporting events in the US. Variances in attendance has been in the range of single digits, both + & - for years now. MLB has had most of its best overall attendance nubers in the last decade, and that trend has been consistent for most major sporting events. The number one issue cited by most fans when asked about attendance is the overall cost of attending. The presence of HD and big screen televisions in home doesn't even register, as a factor for not attending an event. VALUE in the product is the key, and apparently is something lacking in the current ICS. What other explanation is there when with what is routinely touted as the "best" racing on the planet, fans are staying away in DROVES. A "close" title battle into the last event at Fontana, with the "cars and stars" of the ICS, and who showed up? MAYBE 8K. Sorry, but HD TV isn't to blame for that kind of fan apathy.

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  3. If she was worth the $ the public outcry over direct tv dropping them would have kept them on their dishes as we have seen with other companies. I too quit watching channel 13 after she showed up since I left channel 8 because of her all show rather than production results. When Randy on 8 corrected her she had a big head and incorrectly challenged his correction for pronunciation of a city. Other antics while she matures was too much for me with her very inaccurate forecasts. All the forecasters were predicting rain until Thursday except Chris. They predicted sunny on Thursday but instead of rain until Thursday upon which the sun would finally make it out in full glory Chris was right on the money just as I too predicted looking at the radar on weather.gov. One thing I love about Angela is the fear you can see in her every time it thunders in the winter. It far exceeds the entertainment value of her body language (high heel noise drags, depression, etc) when her forecasts are so incorrect. Her hair stands on end, you have to see it!!!

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