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Regional News
Software executive teaching intercontinental collaboration
January 14, 2012
Chris O'MalleyWeary of having to teach new hires how to work on teams with people halfway around the globe,
ocal software development firm CEO Chris Riester has begun teaching a college class that gives students international experience
at home.
MoreVanpool commuter service expands, gets cars off the road
January 14, 2012
IBJ StaffThe latest route launched by Central Indiana Commuter Services runs from Carmel to Kokomo.
MoreAnderson has new economic development chief
January 14, 2012
IBJ StaffReturning mayor hires consultant who once worked for the city.
MoreState eyes roundabouts for 31 intersections
January 7, 2012
Chris O'MalleyThe Indiana Department of Transportation has ambitious plans to build roundabouts at 31 intersections statewide over the next
five years, including a dozen in the metro area.
MoreEdible Arrangements franchisee opens third location
January 7, 2012
Ann FinchRetha Parsley owns three franchises for Edible Arrangements, a fruit-bouquet-delivery business, including a new downtown location
that also sells in-store dipped fruit, fruit smoothies and fruit parfaits.
MoreFeinstein sees growing interest in vocal competition
January 7, 2012
IBJ StaffThe Great American Songbook Vocal Academy and Competition will be open to students outside the Midwest this year.
MoreBoone County officials ‘surprised’ by ASI closing
January 5, 2012
Scott OlsonASI Limited informed an estimated 250 employees by letter that the company was no longer profitable. The manufacturer's high-profile
projects include Lucas Oil Stadium and the JW Marriott hotel.
MoreEndocyte stays course despite being battered by investors
December 31, 2011
J.K. WallAfter spending most of 2011 as a Wall Street darling, the year ended ugly for Endocyte Inc. But CEO Ron Ellis thinks the West
Lafayette-based drug developer is in better position than ever.
MoreAnderson mayor resigns, takes back police job
December 27, 2011
Associated PressA central Indiana city's mayor has resigned with less than a week left to go in his term. Anderson Mayor Kris Ockomon
submitted his resignation at a safety board meeting Monday.
MoreGM to idle Fort Wayne plant for nine weeks
December 24, 2011
Bloomberg NewsGeneral Motors Co., preparing to introduce new pickups in 2013, has scheduled 21 weeks without production at three U.S. full-size
truck plants next year to update the factories for building the new models.
MoreFar-flung areas court Super Bowl spending
December 24, 2011
Anthony SchoettleDowntown will be the focal point of Super Bowl XLVI, but communities from Zionsville to Columbus are aggressively pursuing
some of the money visitors are expected to shower on the region.
MoreState unlikely to revive natural-gas grandeur
December 24, 2011
Sam StallIndiana was once the world’s capital for natural-gas production, but recent advances in drilling and resource-recovery
technology are not likely to revive those glory days anytime soon because of a combination of human-made and natural obstructions.
MoreArea firms pledge 365 jobs
December 21, 2011
Francesca JaroszTwo Central Indiana firms will receive tax incentives for growing their operations by a combined 365 workers by 2015, Indiana
economic development officials announced Wednesday.
MoreHonda reworking Civic in plan to boost sales
December 21, 2011
Bloomberg NewsHonda Motor Co. is sprucing up its Indiana-made Civic sedan, which received poor ratings, after less than a year on the market
as part of a plan to boost U.S. sales by 24 percent in 2012 for its namesake brand.
MoreMarsh wins $19.5M judgment against Roche
December 20, 2011
Scott OlsonA Hamilton Superior Court judge awarded damages to the local supermarket chain in a soured sublease deal it signed with Roche
Diagnostics in March 2008.
MoreTransit plan may boost real estate investment
December 17, 2011
Chris O'MalleyA proposed $1.3 billion transit system might bring redevelopment to urban neighborhoods. Yet transit proponents have surprisingly
little to say about how much the system could generate in new real estate investment.
MoreIs China headed for 'soft-landing slowdown'
December 17, 2011
Kathleen McLaughlinAn oasis of growth for some Hoosier manufacturers, China’s economy is headed for a slowdown. That affects both Indiana
companies that have outposts in China, and the firms that export to the Asian powerhouse.
MoreMayors back transit tax hike in Marion, Hamilton counties
December 13, 2011
Chris O'MalleyIndianapolis Mayor Greg Ballard, Carmel Mayor Jim Brainard say more local transit options are needed despite the steep cost.
A ballot referendum would be required so voters could consider a 0.3-percent income-tax increase to pay for a $1.3 billion
project.
MoreEndocyte shares plunge on clinical trial results
December 13, 2011
J.K. WallShares of Endocyte Inc. plummeted more than 60 percent Tuesday morning after clinical trial results showed the company’s
experimental ovarian cancer drug led to shorter survival times than treatment with a standard cancer drug.
MoreCarmel office/retail complex hurt by road project gets second chance
December 13, 2011
Tom HartonMerchants Pointe, a two-building office/retail development at 116th Street and Keystone Parkway, is getting a fresh start
after major road construction drove away tenants and caused a previous owner to default.
MoreStartup wants animal shelter in Hendricks County
December 10, 2011
IBJ StaffThe county lacks a private, not-for-profit group to find homes for stray dogs and cats.
MoreIndiana Live asks court for $23 million tax refund
December 10, 2011
IBJ StaffBankrupt racetrack and casino asks for help recovering money from Indiana Department of Revenue.
MoreLockhart Automotive co-owner recovering from losing Saturn
December 10, 2011
Ann FinchLynn Kimmel, president of Lockhart Automotive Group, is helping her family business recover from losing three Saturn dealerships
and a Hummer dealership when General Motors Corp. folded both those lines.
MoreMidwest ISO announces $6.5B in electric grid improvements
December 8, 2011
The Carmel-based not-for-profit's long-term plan recommends 215 new transmission infrastructure projects to improve reliability
of its electric grid.
MoreCarmel also likely competing for CME Group
December 5, 2011
Scott OlsonA letter from Carmel Mayor Jim Brainard to a company that fits the Chicago Mercantile Exchange's description says the Indianapolis
suburb is prepared to offer $150 million in incentives in return for 1,700 high-paying jobs.
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Sounds like angie's list could have benefitted from some sort of internet based service that rates various providers of services...anybody know of any?
These are the same CEO's who complain about working-class people who unionize and negotiate decent pay and benefits for the people who make businesses run.
Are millions in Angie's List advertising expenses going into CEO Bill Oesterle pocket also? http://advanceindiana.blogspot.com/2013/05/ibj-exposes-self-dealing-by-angies-list.html?utm_source=twitterfeed&utm_medium=twitter
This is actually worse than is being reported. The properties were gifted to Oesterle with more than $4.6 million dollars in taxpayer money. So not only is he screwing his shareholders with inflated sale prices, but he is double dipping considering Mayor Ballard gifted him all the money to buy the property. Guess being politically connected (Campaign chairman to Mitch Daniels) gives you a license to steal and a get out of jail free pass. http://www.ibj.com/city-will-give-angies-list-46-million-for-real-estate/PARAMS/article/28944
A non-compete clause is expected to keep Buchman from appearing on-air at WTHR for a year from the WISH contract’s expiration.