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News & Analysis
Retail sales rise more than expected
December 11, 2009
Associated PressThe government's report came as a surprise because the nation's retailers have been reporting generally lackluster results
for the start of the holiday shopping season.
MoreIndiana Black Expo takes control of Circle City Classic
December 11, 2009
With the move, IBE hopes to rejuvenate the annual football game and related events, which have been suffering from declining
attendance.
MoreUPDATE: KAR Auction IPO raises less than hoped
December 10, 2009
Associated PressThe Carmel-based auctioneer had expected to raise $340.9 million through its IPO, but the company said it would sell 25 million
common shares at $12 each for total proceeds of $300 million.
MoreEli Lilly's shares slip after it forecasts mixed profits in coming years
December 10, 2009
IBJ Staff and Associated PressThe Indianapolis-based drugmaker predicts strong profits through 2011, but its forecast for 2012 suggests bottom-line results
could fall precipitously.
MoreJobless claims rise unexpectedly
December 10, 2009
Associated PressThe number of newly laid-off workers seeking jobless benefits rose more than expected last week, after falling for five straight
weeks.
MoreLilly launching new venture capital fund
December 10, 2009
J.K. WallThe fund would acquire experimental drugs and use Lilly R&D staff to try to prove their effectiveness, perhaps boosting Lilly's
drug pipeline.
MoreParks Foundation gets $7.3M Lilly Endowment grant
December 10, 2009
Scott OlsonLilly Endowment Inc. has awarded the Indianapolis Parks Foundation a $7.3 million grant to fund improvements that include
a new pool at Bethel Park on the near-southeast side.
MoreSouth Bend mental health facility cutting 100 jobs
December 10, 2009
The Madison Center in South Bend has notified state officials that 100 employees at the mental health facility will lose their
jobs.
MoreConseco wins dismissal of GM Building lawsuit
December 10, 2009
IBJ StaffA U.S. District judge threw out the lawsuit against Conseco, saying the company's emergence from bankruptcy in September
2003 wiped out prior legal claims.
MoreHealthNet lands $10.5 million in stimulus funds
December 10, 2009
IBJ Staff and Associated PressHealthNet said it will use the funds to expand and renovate two community health centers that have outgrown their space.
MoreUniversity of Indianapolis names new business dean
December 9, 2009
IBJ StaffSheela Yadav, a supply chain and engineering management expert, has been interim dean since July 2008.
MoreArea home sales tick up
December 9, 2009
Scott OlsonHome-sale agreements in the nine-county Indianapolis area rose 3.3 percent in November, marking the third consecutive month
they've showed a year-over-year increase.
MoreBloomington panel won't support chain-store ban
December 9, 2009
IBJ Staff and Associated PressA task force appointed by Bloomington's mayor will instead look at other options for protecting the small-town character of
the city's downtown from standardized chain stores and eateries.
MoreCompany's medical device earns expedited review
December 9, 2009
FAST Diagnostics LLC said initial human trials on its method to measure kidney function faster and more accurately than existing
techniques could begin as early as next year, with commercialization following by 2012.
MoreBallard rolls out tougher requirements for lobbyists
December 9, 2009
Peter SchnitzlerLobbyists paid $1,000 or more to sway city or county officials will be required to report all activity online.
MoreEditorial writers lose appeal against Star
December 9, 2009
Jennifer Nelson / The Indiana LawyerTwo former editorial writers at Indiana's largest newspaper failed to prove they were the victims of religious discrimination,
according to a circuit court of appeals.
MoreAuto parts maker to add 130 jobs in Princeton
December 9, 2009
IBJ StaffAutomotive component maker Windsor Machine Group will invest more than $4 million to establish a manufacturing facility in
southwest Indiana, eventually creating as many as 130 jobs, the Indiana Economic Development Corp. announced early Wednesday.
MoreOhio manufacturer expanding in northeast Indiana
December 9, 2009
IBJ StaffAn Ohio manufacturing company plans to spin off its machining and fabrication operations and set up shop in northeast Indiana,
creating 111 jobs by 2014, state economic development leaders said Tuesday evening.
MoreRepublic Airways bringing 300 jobs to city
December 8, 2009
Chris O'Malley, Scott OlsonRepublic Airways Holdings Inc. said Tuesday afternoon it will create as many as 300 jobs in Indianapolis next year by bringing
Frontier Airlines’ Operation Control Center to the city.
MoreBella Vita restaurant planned for Circle Centre
December 8, 2009
Scott OlsonAn Italian restaurant whose owner has ties to embattled local businessman Tim Durham is poised to take the first-floor
space in Circle Centre mall formerly occupied by Bertolini’s.
MoreUPDATE: Simon stock jumps on $2.3B acquisition
December 8, 2009
Cory SchoutenAdding the 22-mall portfolio of Baltimore-based Prime Outlets will give Simon a total of 63 outlet malls with more than 25
million square feet of space.
MoreConseco shares fall on weak profit forecast
December 8, 2009
J.K. WallCarmel-based insurer also wants to amend bank loans to assuage investor concerns ahead of $200 million stock offering.
MoreBoone County shoots down $35M rezoning plan
December 8, 2009
IBJ StaffCarmel-based Midwest Independent Transmission System Operator said it would continue to scout for sites in the Indianapolis
area.
MorePatachou owner's pizzeria granted alcohol permit
December 8, 2009
Scott OlsonCafé Patachou owner Martha Hoover’s plan to open a pizzeria next to her trademark eatery at 49th and Pennsylvania
streets in Indianapolis cleared its final hurdle Monday.
MoreSimon buying Prime Outlets in $2.3B deal
December 8, 2009
Cory SchoutenSimon Property Group Inc. is doubling down on outlet malls with an agreement to buy Baltimore-based Prime Outlets, a
privately held firm that owns 22 of the giant properties.
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Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.
Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.
I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.
The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.
I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!