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News & Analysis
Symons and family ordered to pay $34.2 million in fraud case
December 1, 2009
Scott OlsonA high-profile businessman and the Indianapolis companies he operated with family members have been ordered by a federal judge
to pay $34.2 million relating to the fraudulent transfer of assets in a business sale.
MoreGrain Dealers finalizes affiliation with Florida firm
December 1, 2009
Scott OlsonIndianapolis-based Grain Dealers Mutual Insurance Co., one of the largest property-casualty insurers in the state, has closed
on a deal to became part of The Main Street America Group, the Jacksonville, Fla.-based company said Tuesday morning.
MoreLilly extends research pact with India firm
December 1, 2009
IBJ StaffJubilant Organosys Ltd. and Indianapolis-based Eli Lilly and Co. extended their collaboration, which began in 2005, by five
years.
MoreCarmel buying 12 acres for new well field
December 1, 2009
Cory SchoutenThe city of Carmel has agreed to buy about 12 acres adjacent to the Mansion at Oak Hill for a new well field.
MoreExpress Scripts closes $4.7B deal to buy WellPoint pharmacy unit
December 1, 2009
IBJ StaffSt. Louis-based Express Scripts Inc. has completed its $4.7 billion acquisition of WellPoint Inc.’s pharmacy benefits
management business, the company said Tuesday.
MoreLilly Endowment grant extends jobs program
December 1, 2009
A $2.3 million grant awarded by Lilly Endowment Inc. on Monday will enable the Indianapolis Private Industry Council to continue
a jobs program through 2011.
MoreSmoking ban bill sent back to committee
November 30, 2009
Brock BenefielThe fate of a proposal that would impose a stricter workplace smoking ban in Indianapolis remains up in the air after the
City-County Council voted Monday night to send the bill back to committee for further review.
MoreReport: Simon considers sale of European properties
November 30, 2009
Cory SchoutenSimon Property Group Inc. may sell several of its properties in Europe to help raise funds for a possible bid for bankrupt
rival General Growth Properties.
MoreFeds drop Durham asset-seizure suit
November 30, 2009
Greg AndrewsThe federal government on Monday morning dropped a high-profile civil lawsuit seeking to seize Tim Durham's assets after
receiving
assurance they wouldn't vanish.
MoreFair Finance offices fail to reopen
November 30, 2009
Greg AndrewsFair Finance Co. remained closed Monday morning, adding to the anxiety of Ohioans who have purchased about $200 million of
the company's investment certificates.
MoreTennis officials confirm sale of tournament
November 30, 2009
Anthony SchoettleOfficials with the Indianapolis Tennis Championships confirmed that they are selling the rights to host an annual
men's professional tennis event that has roots in Indianapolis dating back to 1920.
MoreSponsor: 'No way' smoking ban would pass in current form
November 30, 2009
Brock BenefielA proposal to strengthen Indianapolis’ workplace smoking ban is set to come before the City-County Council on Monday
night, but one of the bill’s sponsors wants to send it back to committee for more work before a final vote.
MoreLilly's Cymbalta wins new approval for anxiety disorder
November 30, 2009
J.K. WallFDA action should boost sales of the Eli Lilly and Co. drug, which were already on pace to top $3 billion this year.
MoreFeds seek seizure of Durham's assets
November 28, 2009
Greg AndrewsThe federal government has filed court papers seeking forfeiture of Tim Durham's property, including his 30,000-square-foot
Geist home, another home in Los Angeles and his 2008 Bugatti sports car.
MoreBig donor leaves Indianapolis Museum of Art board
November 28, 2009
Kathleen McLaughlinThe Indianapolis Museum of Art is losing endowment revenue at the same time prominent donor Wayne Zink, CEO of Endangered
Species Chocolate, has resigned from the board.
MoreDisclosures key to feds' probe of Durham's Fair Finance
November 28, 2009
Greg AndrewsAny case federal prosecutors pursue against Tim Durham or his associates likely would revolve around what his Fair Finance
Co. disclosed—or didn’t disclose—to potential investors, legal observers said.
MoreTraffic technology handy after propane tanker explosion
November 28, 2009
Chris O'MalleyA complex system of signs along Indianapolis' interstate highway system was pressed into action after a propane tanker exploded
in October near I-465 and I-69.
MoreVideo surveillance legal in Hoosier state, but beware lawsuits
November 28, 2009
Norm HeikensMost states--Indiana included--have no law on the books banning video surveillance in homes or businesses. However, anyone
considering using a hidden camera should consider the potential to be sued under the state's well-developed privacy law.
MoreInternet sales of hidden 'nanny' cameras booming
November 28, 2009
Norm Heikens
Falling prices,
rising distrust persuade businesses and individuals to point lenses at the unsuspecting. Bonus: Our own video
surveilling the new tiny tech.
Noble Roman's gives in to shareholder demands
November 28, 2009
Cory SchoutenPizza chain Noble Roman's Inc. says plans for its first investor meeting in seven years have no connection to an investor's
lawsuit.
MoreAdvisory panel urges EPA to back plan to pay for green projects via property tax
November 28, 2009
Chris O'MalleyBy issuing “voluntary environmental improvement bonds,”, local and state governments could
create special taxing districts that finance homeowner purchases of everything from solar panels to rain
gardens.
MoreSt. Vincent-Novia clinic partnership cuts out insurance middleman
November 28, 2009
J.K. WallThe St. Vincent Health hospital system has joined with Indianapolis-based Novia CareClinics LLC to set up clinics on employers’
campuses, offering health care for their workers with no insurance companies involved.
MoreFormer Huntington National Bank exec alleges age discrimination
November 28, 2009
Peter SchnitzlerMichael Lewis, 53, filed a complaint with the Indianapolis office of the U.S. Equal Employment Opportunity
Commission Aug. 13 and sued Huntington Oct. 15 in Marion Superior Court.
MoreSBA loan approvals - October 2009
November 28, 2009
IBJ StaffSBA loan approvals for the Indianapolis area for October 2009.
MoreEPA: IPL electric plant upgrades were deficient
November 28, 2009
Chris O'MalleyIndianapolis Power & Light faces potential fines and capital expenditures after allegedly updating three generating
plants over 23 years without adding the most modern pollution controls.
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Many serial killer types and psychopaths work as lowly bureaucrats, just waiting to impose their wrath on a powerless person, child, or pet. Don't forget, the BTK killer was a dog catcher.
If a television station wants to improve viewership, get rid of the local blackout. I was born by the brickyard, and have attended 15 or more races. I have children now, I won't attend unless circumstances are perfect. As those with growing families know, they never are. I'm always impressed that upwards of 250,000 people attend the 500. However, as a growing, or, more apt, sprawling city, Indianapolis and its immediate suburbs count almost 2.2 million. Show the race live, let the venue get a kick-back on revenues, and open-wheel racing might have a fighting chance to be relevant again. Just in time for those tax-payer lights to make sense.
John Moore, I too have had the same issue recently. A property next to my house was on the Land Bank and I was interested in purchasing. When I tried to contact Reggie, I got back emails that had nothing to do with what I asked about. Actually my latest response from him was on this past Friday. I had asked about how to buy the property and if it was still available. His response to me was to contact the mayor's office to get the schedule of his appearances. (???) Hopefully the city is able to do something to fix what this guy has done, it would be nice if they would take the properties back and sell them properly so land owners like me and you mother would have a fair chance.
I too work in the industry, with over 25 years of experience and your political spin has probably nothing to do with any rebranding. "Let's dress it up" would have nothing to do with the government "telling us how and what to eat." Give it a political rest. And being a producer for a radio show doesn't mean you've been involved in advertising and branding for 30 years.
Ms. Morris did not understand the ways of the business world, otherwise, like the IMS, she could have petitioned the State Legislature for a handout of State Funds for her charity work. Ms. Morris should consider becoming a state lobbyist for Lemonade Stand Operators.