News & Analysis

Retail sales up 1 percent in February

March 11, 2011
Associated Press
Shoppers snapped up new cars, clothing and electronics gadgets in February, pushing retail sales up for the eighth straight month.
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Indiana University to offer workers buyout plan

March 11, 2011
Associated Press
Indiana University is drafting plans to offer thousands of university employees a voluntary retirement buyout.
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$8 million estate to benefit 13 local groups

March 11, 2011
Kathleen McLaughlin
Local attorney Lawrence Reuben has chosen two fledgling organizations—the Immigrant Welcome Center and Grameen Bank of Indiana—for the largest of $8 million in gifts from his mother’s estate.
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Indiana closes monument for repairs

March 10, 2011
Associated Press
Indiana says it's closing the Soldiers' and Sailors monument in downtown Indianapolis until November for repairs.
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Merger with Teradata fueling Aprimo's growth

March 10, 2011
Godfrey Watch VideoAprimo Inc. ratchets up customers, sales and market presence under new owner Teradata, and will continue job growth plans for Indianapolis.
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Thousands gather for union rally at Statehouse

March 10, 2011
 IBJ Staff and Associated Press
Thousands of Indiana union members held signs, chanted slogans and cheered speakers outside the Statehouse on Thursday at a rally to protest Republican-backed bills they consider an attack on public education and labor unions.
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Massive Indy startup group heads south for convention

March 10, 2011
Francesca Jarosz
More than 100 local technology entrepreneurs will depart Thursday for what some call the Super Bowl of the startup world: the South by Southwest Interactive Conference.
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State unemployment rate dips to 9.1 percent

March 10, 2011
After topping out at 10.2 percent last summer, Indiana's jobless rate has been steadily declining.
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Hurco turns first quarterly profit in two years

March 10, 2011
The Indianapolis-based machine tool maker reported profit of $1.5 million on revenue of $39.7 million in its fiscal first quarter.
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Irsay, Simon tie on magazine's world's-richest list

March 10, 2011
 IBJ Staff
In a feat not possible for their teams, Indiana Pacers owner Herb Simon and Indianapolis Colts owner Jim Irsay tied for 879th place on Forbes magazine’s annual list of the richest people in the world. Bill Cook and Dean White also made the list.
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Senate panel considers proposal to expand charters

March 9, 2011
Associated Press
The Senate Education Committee heard hours of testimony about the bill and details of a new study that found Indiana students who transferred to charter schools showed greater learning gains than their peers who stayed in traditional public schools.
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Indiana House leaders more genial over boycott

March 9, 2011
Associated Press
More than two weeks after Democratic lawmakers fled Indiana to block GOP-backed legislation, both sides gave optimistic signals Wednesday about resolving the stalemate.
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Local business accused of selling illegal immigration services

March 9, 2011
The Indiana Attorney General's Office filed suit Wednesday against The Mexican Civic Association of Indiana Inc. for allegedly offering immigration advice without a license to practice law.
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Charter-school boosters tout findings of new study

March 9, 2011
Francesca Jarosz
Charter-school advocates are touting a Stanford University study released Wednesday as support for their case to expand charters throughout the state.
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Virginia not-for-profit suing Duke Realty for $30M

March 9, 2011
Military think tank CNA claims Duke Realty breached its obligations as landlord by selling land in Alexandria to the Department of Defense, which plans to build a bomb-inspection facility on the site.
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Smoking concerns cloud city’s hosting of Big Ten tourney

March 9, 2011
Scott Olson
A group of Michigan State University alumni are upset that their school is paired with the Slippery Noodle Inn, a smoking establishment, in a city promotion that matches Big Ten universities with downtown bars and restaurants during the men's basketball tournament.
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LEADING QUESTIONS: Sarah Evans Barker won't stop

March 9, 2011
Mason King
LQ_Barker_WatchVideoHow did Indiana's first female federal judge go from clueless student to the bench? Would she be a good fit for the Supreme Court? When will she retire? Sarah Evans Barker presents her findings.
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New federal rules prompt ITT to change bonus-pay criteria

March 9, 2011
Scott Olson
The Carmel-based for-profit educator still will pay its top executives bonuses, but they'll no longer be tied to school enrollment, the company said Tuesday in a proxy filing.
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Competition seeks ideas for Monument Circle

March 9, 2011
A competition that could influence the future look and use of Monument Circle was unveiled Wednesday morning by a partnership that includes the city of Indianapolis and the state of Indiana.
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Northstar Aerospace closing Anderson plant; 48 jobs lost

March 9, 2011
Workers will be let go in three stages beginning May 1, and the plant is expected to permanently close by June 24.
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Lilly suffers another bruise from Novo

March 9, 2011
J.K. Wall
The failure of its drug Bydureon to match the performance of Novo’s Victoza trims but doesn’t kill sales prospects for the highly touted diabetes drug.
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Health insurance costs spike worldwide

March 9, 2011
J.K. Wall
Think galloping health insurance costs are a problem unique to American employers? Think again. Medical costs paid by employer-focused health insurers rose by an average of 10 percent last year—identical to the United States.
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Q&A: Tony Lennen

March 9, 2011
J.K. Wall
Tony Lennen became president of Community Hospital South in 2009, overseeing a 50-bed expansion that was completed last summer, giving the hospital 150 private rooms. The facility, located along the line between Marion and Johnson counties, competes against nearby facilities run by Franciscan St. Francis Health, Indiana University Health and Johnson Memorial Hospital.
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Lilly confident of FDA approval for Amyvid, Lechleiter says

March 9, 2011
Bloomberg News
Eli Lilly and Co. CEO John Lechleiter said he’s confident of gaining U.S. regulatory approval for a drug to help identify plaque in the brain associated with Alzheimer’s disease.
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GOP leaders consider ways to move on without Dems

March 8, 2011
Associated Press
Frustrated Republicans say they won't be bullied into changing their agenda, and Democrats showed no signs of backing down — with one lawmaker vowing to stay in Urbana, Ill., "until hell freezes over."
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  1. In reality, Lilly is maintaining profit by cutting costs such as Indiana/US citizen IT workers by a significant amount with their Tata Indian consulting connection, increasing Indian H1B's at Lillys Indiana locations significantly and offshoring to India high paying Indiana jobs to cut costs and increase profit at the expense of U.S. workers.

  2. I think perhaps there is legal precedence here in that the laws were intended for family farms, not pig processing plants on a huge scale. There has to be a way to squash this judges judgment and overrule her dumb judgement. Perhaps she should be required to live in one of those neighbors houses for a month next to the farm to see how she likes it. She is there to protect the people, not the corporations.

  3. http://www.omafra.gov.on.ca/english/engineer/facts/03-111.htm Corporate farms are not farms, they are indeed factories on a huge scale. The amount of waste and unhealthy smells are environmentally unsafe. If they want to do this, they should be forced to buy a boundary around their farm at a premium price to the homeowners and landowners that have to eat, sleep, and live in a cesspool of pig smells. Imagine living in a house that smells like a restroom all the time. Does the state really believe they should take the side of these corporate farms and not protect Indiana citizens. Perhaps justifiable they should force all the management of the farms to live on the farm itself and not live probably far away from there. Would be interesting to investigate the housing locations of those working at and managing the corporate farms.

  4. downtown in the same area as O'malia's. 350 E New York. Not sure that another one could survive. I agree a Target is needed d'town. Downtown Philly even had a 3 story Kmart for its downtown residents.

  5. Indy-area residents... most of you have no idea how AMAZING Aurelio's is. South of Chicago was a cool pizza place... but it pales in comparison to the heavenly thin crust Aurelio's pizza. Their deep dish is pretty good too. My waistline is expanding just thinking about this!

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