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News & Analysis
King Tut boosts attendance at Children's Museum
January 8, 2010
Kathleen McLaughlinThe museum counted 1.3 million visits last year, an increase of 270,000, or 26 percent,
over 2008.
MoreSimon family fight breaks out over billionaire's fortune
January 8, 2010
Greg AndrewsMelvin Simon’s
daughter Deborah filed court papers Thursday afternoon charging her father was coerced into approving a
new estate plan in February 2009 that dramatically increased the amount of his fortune going to her stepmother, Bren.
MoreFormer cemetery owner avoids prison time
January 8, 2010
Scott OlsonRobert E. Nelms received an eight-year sentence that will be served through a community corrections program after pleading
guilty to theft and securities fraud.
MoreEmmis 3Q revenue declines, but company still posts profit
January 8, 2010
Anthony SchoettleIndianapolis-based Emmis Communications Corp. reported lower revenue during its fiscal third quarter, but still managed a
small profit.
MoreBig companies seek chance to bid on CIB privatization
January 8, 2010
Peter SchnitzlerIndianapolis receives a dozen responses to its proposal to privatize management of Lucas Oil Stadium,
the Indiana Convention Center and, perhaps, Conseco Fieldhouse.
MoreJones Lang LaSalle lures top industrial broker from CTMT
January 8, 2010
Cory SchoutenOne of the city's most prolific commercial real estate brokers is leaving the local office of Colliers Turley Martin Tucker
to join Chicago-based Jones Lang LaSalle.
MoreOffice furniture dealer acquires competitor
January 8, 2010
Commercial Office Environments gets larger with its purchase of Area 4 Office Furniture. Operations of the two companies will
be consolidated at Commercial Office Environments' facility on Zionsville Road.
MoreState high school graduation rates keep rising
January 8, 2010
J.K. WallAccording to data released Friday by the Indiana Department of Education, 81.2 percent of Hoosier high school students scheduled
to graduate in 2009 did.
MoreKing to play transitional role at state museum
January 7, 2010
Kathleen McLaughlinNew interim CEO, the former president of the Eli Lilly and Co. Foundation, hopes to pave way for stability at the institution,
which has seen five CEOs in the past decade.
MoreBoard approves revamp of Indiana teacher licensing
January 7, 2010
Associated PressThe new rules are expected spur future teachers to spend more time learning subject matter and less time taking education
classes.
MoreIndiana State Museum to name interim CEO
January 7, 2010
Kathleen McLaughlinThe board of the museum's private foundation is expected to confirm Thomas A. King's appointment Thursday afternoon
MoreJohnson County woman guilty of securities fraud
January 7, 2010
Wanda Robertson was sentenced to eight years in prison, with four years suspended, after pleading guilty Wednesday.
MoreWellPoint stock surging on positive analyst forecasts
January 7, 2010
IBJ Staff and Associated PressThe long-term outlook for health care reform is uncertain, but many analysts are expecting big health insurers like Indianapolis-based
WellPoint to benefit in 2010.
MoreMedTech College bought by private equity firm
January 7, 2010
MedTech, whose flagship campus is located on the city's northeast side, provides degrees in biotechnology and nursing, as
well as in other health-care related programs.
MoreHill-Rom hires new CEO
January 7, 2010
IBJ StaffJohn J. Greisch was most recently president of international operations at Baxter International Inc.
MoreIndianapolis Zoo blames crowd drop on bad weather
January 6, 2010
Associated PressThe zoo says it drew 1.05
million visitors during 2009, down from 1.1 million in 2008.
MoreHumane Society expects to finish 2009 in the black
January 6, 2010
Kathleen McLaughlinThe group, which rang up more than $3 million in debt before changing course in 2008, had been operating at a deficit for
six years.
MoreBrokerage CTMT rebranding, dropping Tucker name
January 6, 2010
Cory SchoutenThe city's largest commercial real estate brokerage is breaking from Colliers International and dropping Tucker from its moniker
for the first time in more than 90 years.
MoreMore than 1,100 attend Fair investor meeting
January 6, 2010
Greg AndrewsA meeting of Fair Finance Co. investors held Tuesday night at a northeast Ohio hotel drew an overflow crowd of 1,100 people.
MoreHungarian court decision could favor Emmis station
January 6, 2010
A Hungary radio station operated by Emmis until late last year might broadcast again following a court decision.
MoreWitham planning bond sale to acquire Anson site
January 6, 2010
IBJ StaffLebanon-based hospital system also wants to refinance about $21 million in debt on new medical office building.
MoreAlcoa plant in Indiana plans up to 145 layoffs
January 6, 2010
Alcoa's Warrick Operations in Newburgh said the layoffs in its rigid packaging division are in response to a declining demand
for its products.
MoreIFD gets finger-lickin' good sponsorship deal
January 6, 2010
Anthony SchoettleKFC agreed to pay city for smoke detectors and fire extinguishers in exchange for using Indianapolis Fire Department to help
it launch new fiery grilled wings. Mayor Greg Ballard hopes the deal is the first of many such corporate sponsorships.
MoreEx-investor sentenced in Indiana mortgage fraud
January 5, 2010
IBJ Staff and Associated PressRobert A. Penn, 44, of Naples, Fla., received seven years in prison and was ordered to pay more than $11 million in restitution.
MoreFDA cancels meeting to review Lilly's Cymbalta
January 5, 2010
Associated PressThe agency said the meeting was canceled "to allow time for the FDA to review new information" about a proposed new use for
the drug.
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these guys only skill was to steal from other's hard earned savings.
I voted for him last time and it WAS the LAST time. He needed to to quit running around the world on useless trips, and giving our $$ away to sports teams. I'll vote for anyone but Ballard next time. BTW...we gave $40M to the Pacers and cannot even watch the games on TV.
For the people concerned about traffic, you should know that mixed-use projects (like the one being proposed), actually allows for and encourages more people to walk and bike, thereby mitigating additional automobile traffic. If we continue to design and build suburban-type projects in the City (i.e. automobile-oriented projects), we are not offering anything different from what the suburbs offer, which means we will continue to lose jobs/people to the suburbs. The reason Broad Ripple is somewhat successful today is that people want to live in a place that offers the convenience of being able to walk/bike to restaurants, retail, nightlife, the Monon, etc. Why would you not want to support a project that is complimentary to what already makes the area desirable? The real argument with this project should be its lack-luster design and layout, not the density.
It is unfortunate that there is a perception that celebrities validate an event. The Indy 500 stands on its own, especially for those coming in from out of town. It was always so disturbing to read the gushing descriptions of Ashley Judd threaded throughout the local coverage. Very happy that era is at an end.
Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.