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Year in Review
Top 2012 news and newsmakers
December 29, 2012
Reflect on the biggest business news of 2012 with IBJ's complete year-in-review coverage, including a photo gallery,
video highlights and A&E recap.
MoreLOU'S VIEWS: 2012 A&E favorites
December 28, 2012
Lou HarryWith so much to choose from, it's impossible to say what was best. Instead, here are some of my favorites of the year.
MoreIndiana adopts right to work
December 28, 2012
IBJ StaffIndiana in February became the first state in a decade to pass such a law, and it was all the more significant because of
the state’s heavy concentration of manufacturing jobs and sizable union presence.
MoreWellPoint investors force Braly ouster
December 28, 2012
IBJ StaffBraly’s five-year tenure leading the Indianapolis-based health insurer was hurt by the recession but also by repeated
missteps.
MoreIn election shocker, voters bounce schools chief Bennett
December 28, 2012
IBJ StaffAfter becoming a celebrity in national education reform for spearheading sweeping changes in Indiana’s schools, Tony
Bennett was bounced out of office by strong opposition from teachers, parents and their friends.
MoreCity projects move ahead, following clash over TIF
December 28, 2012
IBJ StaffMayor Greg Ballard charged forward on government-supported downtown development efforts after successfully shepherding an
expansion of a TIF district over Democratic opposition.
MoreDigital marketer ExactTarget splashed onto NYSE
December 28, 2012
After an aborted attempt to go public in 2007, marketing software giant ExactTarget rang the bell on the New York Stock Exchange
last March in an IPO that raised $162 million.
MoreDaniels wins presidency ... at Purdue
December 28, 2012
IBJ StaffAbout a year after deciding not to campaign for president of the United States, Gov. Mitch Daniels agreed to become the next
president of Purdue University.
MoreIndy airport sends CEO Clark packing
December 28, 2012
IBJ StaffMayor Greg Ballard apparently was unhappy with the pace of economic development at the airport under Clark. The CEO's extensive
overseas travels also generated controversy.
MoreBernard bounced as IndyCar Series CEO
December 28, 2012
IBJ StaffThe ouster of Randy Bernard as IndyCar CEO led to new leadership for Hulman & Co., parent of the series and the Indianapolis
Motor Speedway.
MoreISO reaches new contract, launches fundraising spree
December 28, 2012
IBJ StaffNegotiations over musicians’ contracts hit a crescendo in September with a month-long lockout that ended when performers
agreed to a shorter schedule to save money at the cash-strapped Indianapolis Symphony Orchestra.
MoreDevelopers unleash blitz of apartment projects
December 28, 2012
IBJ StaffConstruction began or was to begin soon on dozens of projects with thousands of units, most quite upscale and aimed at one
of two growing segments of the population who increasingly see no stigma in renting: aging boomers and young families.
MoreJudge lays into Durham, sentences him to 50 years
December 28, 2012
IBJ StaffTim Durham, the Indianapolis businessman who used to dream of becoming the world’s richest man, ended 2012 broke and
facing a 50-year prison sentence for orchestrating a $250 million Ponzi scheme.
MoreCity successfully stages Super Bowl, shoots for another
December 28, 2012
IBJ StaffMore than 1.1 million people poured into downtown Indianapolis for Super Bowl festivities in the 10 days leading up to the
big game, held Feb. 5 at Lucas Oil Stadium.
MoreHoosier voters tap Pence to continue Daniels' legacy
December 28, 2012
IBJ StaffPence, who served in the U.S. House of Representatives since 2001, left his strident rhetoric on abortion and other social
causes in Washington, D.C., as he toured Indiana in a red pickup truck and talked about his policy “Roadmap.”
MoreOther news: From Allison's IPO to Lugar's defeat
December 28, 2012
IBJ StaffPolitics and real estate helped round out 2012's news of note.
More2012 NEWSMAKER: School librarian Ritz won with grass-roots campaign
December 28, 2012
IBJ StaffDemocrat Glenda Ritz pulled off a David-versus-Goliath victory to unseat Republican Tony Bennett as Indiana’s superintendent
of public instruction.
More2012 NEWSMAKER: Crime stance returns Hogsett to political spotlight
December 28, 2012
IBJ StaffU.S. Attorney Joseph Hogsett’s openly tough-on-crime approach has some political insiders speculating whether he’s
seeking a higher office.
More2012 NEWSMAKER: Council Dem Mahern plays role of antagonist
December 28, 2012
IBJ StaffCity-County Council Vice President Brian Mahern emerged as the chief foe of Indianapolis Mayor Greg Ballard’s redevelopment
agenda.
More2012 NEWSMAKER: CEO keeps Simon stock surging
December 28, 2012
IBJ StaffIf there were an MVP for local CEOs, David Simon would again find himself at or near the top of the list in 2012.
More2012 NEWSMAKER: Miles adds to diverse business, sports career
December 28, 2012
IBJ StaffVeteran executive Mark Miles now has one of the most difficult jobs in sports—putting open-wheel racing on sound financial
footing.
MoreState's economy still stuck in neutral
December 24, 2011
The year started with a sense that slowly—not fast enough for anyone’s liking—but steadily, Indiana’s
economy was coming back. But then a spike in gas prices and the never-ending sovereign debt crisis in Europe created a summer
of setbacks.
MoreIndictment: Durham looted Fair Finance
December 24, 2011
Indianapolis financier Tim Durham was indicted on wire and securities fraud charges in March—the culmination of a federal
probe that began in 2009.
MorePolitical neophyte Ballard cruises to second term
December 24, 2011
A contentious battle for Indianapolis mayor culminated in a second term for Republican Mayor Greg Ballard, who won the race
with 51 percent of the vote. His Democratic challenger, Melina Kennedy, garnered 47 percent.
MoreCity backs string of high-profile real estate projects
December 24, 2011
The administration of Mayor Greg Ballard found its stride in the final year of its first four-year term, at least when it
comes to major publicly supported real estate projects.
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Steak and Shake USED to be a good place to eat, but the now empty parking spaces tell the story of Poor Service, Declining quality of food and just more gimmicks and rear cooking....I used to be a customer, but no more...won't be back...to many other Good Places to eat in INDY...
This man has continued to destroy the Steak and Shake brand. Did he not learn from the sins of owners past. The SNS logo and Brand are strong, I cant understand why he wants to destroy the brand other than to satisfy his big ego.This will turn out to be a big mistake. Sleek new look for a traditional product..makes no logical sense
I mean REALLY!!! What's next taking away the Burger King's crown, turn the golden arches into silver columns? No I know let's get Wendy a pink mohawk.
A couple of thoughts on some of the information presented here from someone with a bit of experience in this area: First, Does anyone remember a time in the past 35 years when insurance premiums DIDN'T increase? They increase every year. The more rigorous rate review requirements of the Affordable Care Act (effective in 2011) have likely caused those increases to moderate as they have averaged below 10% for the past few years, down from much higer averages in prior years. Second, Oregon will operate a state-based Exchange. Recently, they were one of the first states to release their proposed (not yet reviewed by regulators)premium rates -- our first view of Exchange rates. After 2 insurers saw their competitors' rates, they pulled theirs back and re-submitted LOWER rates. In my nearly 10 years as a state insurance regulator, and two years as a federal regulator, I don't ever recall an insurer voluntarily lowering its rates. THAT'S the kind of transparency and competition the online marketplaces (Exchanges) will bring about. 3) ...and this is just a random thought: A big concern among health policy experts is the capacity of the primary care provider community to handle the happy fact that a large number of individuals will be newly-insured under the Affordable Care Act. With the system being stretched so thin for INSURED individuals, It seems highly doubtful that more than a very few "cash-and-carry" physicians will be able to survive in the new, improved healthcare system. Sally McCarty Center on Health Insurance Reform Georgetown University Health Policy Institute
liek the rest of America