News & Analysis

IU Health readies bond sale

April 18, 2011
J.K. Wall
The Indianapolis-based hospital system plans to sell $228.2 million in bonds this week to refinance existing debt and pay to finish construction of its Saxony hospital in Fishers, set to open late this year.
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Longtime City Market tenant fighting move

April 18, 2011
Scott Olson
Enzo Pizza is refusing to vacate its space in the historic structure and is suing to stop construction to convert the east wing, where it's located, into a bicycle hub.
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Lilly shares falter after quarterly earnings report

April 18, 2011
J.K. Wall
Eli Lilly and Co.’s first-quarter profit beat the expectations of Wall Street analysts, but its stock price slipped anyway Monday morning, along with the broader market.
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West 10th Street to be rerouted in Speedway

April 18, 2011
Kathleen McLaughlin
The town of Speedway will reroute West 10th Street to help Allison Transmission consolidate its parking lots and accommodate new employees tied to a hybrid transmission the company is developing.
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Charges drive down first-quarter profit at Lilly

April 18, 2011
J.K. Wall
First-quarter profit fell at Eli Lilly and Co. as the company recorded restructuring charges due to its downsizing and higher research costs as it tries to develop new drugs to help it shrug off its looming patent expirations.
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Indiana lawmakers push voluntary renewable standards

April 17, 2011
Associated Press
Senate Bill 251, which passed the Indiana House Utilities and Energy committee Friday, calls for a voluntary goal of producing 10 percent of the state's electricity from renewable energy resources by 2025.
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School district to take science instruction online

April 17, 2011
Associated Press
Students in a central Indiana community will soon get their science instruction online instead of through textbooks, but the technology will come at a price.
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Indiana Live owners using big-buck firms in Chapter 11 caseRestricted Content

April 16, 2011
Francesca Jarosz
Indianapolis Downs LLC, owner of Indiana Live racetrack and casino, has hired top-tier national investment banking and law firms to represent it in Chapter 11 proceedings in U.S. bankruptcy court in Delaware.
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Carl Cook to succeed father as CEO at Cook Group

April 16, 2011
 IBJ Staff
Carl Cook has been named CEO of Bloomington-based medical device company Cook Group, replacing his father, who died Friday, company officials announced Saturday.
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Fairgrounds officials consider Pepsi Coliseum overhaul

April 16, 2011
Anthony Schoettle
Indiana State Fairgrounds officials are laying the groundwork for a massive Pepsi Coliseum renovation that could cost tens of millions of dollars and transform the inside of the 72-year-old landmark.
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Pop-up retailers emerging in Indianapolis

April 16, 2011
Marc D. Allan
With the retail vacancy rate hovering around 13 percent locally and nationally, temporary retailers are becoming a fact of life in malls, strip malls and downtowns around the country.
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Unusual North of South deal leaves taxpayers vulnerable

April 16, 2011
Cory Schouten
The $156 million North of South project is a complicated, risky and potentially transformative bet on downtown.
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Companies seek equity in return for services to startupsRestricted Content

April 16, 2011
Francesca Jarosz
A crop of Indianapolis companies is embracing the practice of developing and marketing products for startups in exchange for an ownership stake.
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Shelbyville uses new incubator to lure tech firm TyrosRestricted Content

April 16, 2011
Anthony Schoettle
A company that will soon become Shelbyville’s newest corporate resident has a nifty, high-tech idea to help schools, leagues and sports associations connect with sports referees and officials.
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Indiana's anti-tobacco agency's first decade mixed

April 16, 2011
Associated Press
Indiana Tobacco Prevention and Cessation officials acknowledge they still have work to do in a state that in 2008 had the nation's highest smoking rate and still has more than 1 million smokers.
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House panel backs GOP redistricting plan

April 16, 2011
Associated Press
The Indiana House elections committee voted 8-5 along party lines in favor of the proposals after Republicans revised the lines for several scattered state House districts from what they had proposed Monday.
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FDA wants further testing of Lilly pancreas drug

April 16, 2011
Associated Press
Eli Lilly and Co. Inc. said Friday that the FDA has asked the drugmaker to conduct another clinical trial of its proposed pancreas drug before it resubmits an application to have the drug approved for sale.
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Aggressive bills aimed at consolidating township governments failRestricted Content

April 16, 2011
Francesca Jarosz
With two weeks left in the legislative session, only two statewide local-government-reform bills remain. Both fail to accomplish reformers’ key aim: removing layers of township government they say have outlived their use.
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First-quarter commercial real estate stats for IndianapolisRestricted Content

April 16, 2011
IBJ's Commercial Real Estate Focus sections include statistical snapshots of Indianapolis' multi-tenant office vacancy rates and the local industrial market.
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INSIDE DISH: Irvington cafe knows its audience

April 15, 2011
Mason King
Dish Watch Video LegendJohn Robertson swore he'd never go into the restaurant biz. Now his comfort-food oasis is an east-side institution, in part for hemming to its historic surroundings and middle-class roots.
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Bill Cook, medical device magnate and philanthropist, dies at 80

April 15, 2011
 IBJ Staff and Associated Press
The founder of Bloomington-based life sciences giant Cook Group Inc. and the wealthiest man in Indiana leaves a legacy of dozens of historic structures saved from decay or demolition. He also was a major donor to Indiana University and its athletics department.
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Judge freezes assets of Fishers money manager

April 15, 2011
 IBJ Staff
A Hamilton County judge has ordered a temporary asset freeze against prominent Fishers money manager Keenan Hauke, who is being investigated by the Indiana Secretary of State’s Office over financial irregularities involving a hedge fund he operates.
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Indiana House OKs bill limiting teacher contracts

April 15, 2011
Associated Press
The Indiana House has approved a bill that would limit collective bargaining agreements between local districts and teachers' unions to only wages and wage-related benefits.
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New EPA rules could trigger Indiana emission testing

April 15, 2011
Associated Press
Drivers across Indiana could be required to have their vehicles undergo emissions testing if new federal Environmental Protection Agency rules set for release this summer are strict enough, a state environmental official said.
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Feds: CVS to pay $17.5M over inflated Rx claims

April 15, 2011
Associated Press
The U.S. Justice Department says CVS Pharmacy Inc. has agreed to pay $17.5 million to settle allegations it overcharged Medicaid programs in 10 states, including Indiana.
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  1. Liberals do not understand that marriage is not about a law or a right ... it is a rite of religous faith. Liberals want "legal" recognition of their homosexual relationship ... which is OK by me ... but it will never be classified as a marriage because marriage is a relationship between a man and a woman. You can gain / obtain legal recognition / status ... but most people will not acknowledge that 2 people of the same sex are married. It's not really possible as long as marriage is defined as one man and one woman.

  2. That second phrase, "...nor make or enforce any law which shall abridge the privileges or immunitites of citizens..." is the one. If you can't understand that you lack a fundamental understanding of the Constitution and I can't help you. You're blind with prejudice.

  3. Why do you conservatives always go to the marrying father/daughter, man/animal thing? And why should I keep my sexuality to myself? I see straights kissy facing in public all the time.

  4. I just read the XIV Amendment ... I read where no State shall deprive any person of life, liberty, or property ... nor make or enforce any law which shall abridge the privileges or immunitites of citizens ... I didn't see anything in it regarding the re-definition of marriage.

  5. I worked for Community Health Network and the reason that senior leadership left is because they were not in agreement with the way the hospital was being ran, how employees were being treated, and most of all how the focus on patient care was nothing more than a poster to stand behind. Hiring these analyst to come out and tell people who have done the job for years that it is all being done wrong now...hint, hint, get rid of employees by calling it "restructuring" is a cheap and easy way out of taking ownership. Indiana is an "at-will" state, so there doesn't have to be a "reason" for dismissal of employment. I have seen former employees that went through this process lose their homes, cars, faith...it is very disturbing. The patient's as well have seen less than disireable care. It all comes full circle.

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