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News & Analysis
Firms line up to find new uses for old airport terminal, other properties
October 10, 2009
Chris O'MalleyThe cash-strapped Indianapolis Airport Authority suddenly can’t look soon enough at developing some of its vast real
estate holdings, including the city’s former passenger terminal. This month, it plans to conduct final contract
negotiations with a firm that would study reuse of the old terminal, adjacent land and other airport holdings.
MoreKroger ads in Star grab attention, raise eyebrows
October 10, 2009
Anthony SchoettleA new eye-grabbing advertising design in The Indianapolis Star has some wondering where ad content stops and news
content begins.
MoreIndiana life sciences leaders discover dozens of tiny outsourcing companies
October 10, 2009
Chris O'MalleyBioCrossroads, an Indianapolis-based not-for-profit, is cataloging Indiana businesses offering contract services to pharmaceutical
and biotechnology companies, and discovering many small firms operating in relative obscurity.
MoreArea home sales stronger, prices still down
October 9, 2009
Scott OlsonHome-sale agreements in the nine-county Indianapolis area ticked up in September, due in large part to first-time homebuyers
enticed by large tax breaks.
MoreEconomist: Recovery at hand, but barriers exist
October 9, 2009
Scott Olson
Leading
indicators show that an economic recovery likely will take hold in 2010, although several challenges remain that could delay
a solid rebound from the worst recession in a generation, an economist said Friday morning at IBJ's annual Economic Forecast.
WellPoint shares partially recover after Thursday plunge
October 9, 2009
J.K. WallShares of WellPoint Inc. partially recovered Friday morning after a plunge was touched off Thursday by gathering momentum
behind health care reform and talk of a windfall-profit tax by Speaker of the House Nancy Pelosi.
MoreEmmis smacked with quarterly loss of $135M
October 9, 2009
IBJ StaffEmmis Communications Corp. suffered a whopping loss of $135.6 million in its most recent fiscal quarter, the Indianapolis-based
media company reported Friday morning.
MoreDaniels warns of more cuts amid revenue declines
October 8, 2009
Scott OlsonIndiana Gov. Mitch Daniels warned Thursday morning that more state budget cuts could be forthcoming in light of a prolonged
drop in
tax collections. Indiana collected $3.3 billion in total revenue during the fiscal first quarter, 14 percent less than the
same period last year.
MoreAnonymous donor gives $5 million to Marian University
October 8, 2009
IBJ StaffMarian University has received an anonymous $5 million gift to support student scholarships, the Indianapolis-based school
announced Wednesday.
MoreAccuride restructuring under Chapter 11 bankruptcy
October 8, 2009
Evansville-based Accuride Corp. filed for Chapter 11 bankruptcy protection Thursday as part of a restructuring of debt.
MoreControversial downtown project to get tax abatement
October 7, 2009
Scott OlsonThe Indianapolis Metropolitan Development Commission approved a 10-year tax abatement Wednesday afternoon for a controversial
public-private plan to redevelop a vacant downtown office building.
MoreLilly settles Zyprexa suit with S. Carolina
October 7, 2009
IBJ StaffEli Lilly and Co. has agreed to settle the State of South Carolina's lawsuit that claimed Lilly improperly marketed the antipsychotic
drug Zyprexa, according to Bloomberg News.
MoreFever exec 'confident' about team's future
October 7, 2009
Scott OlsonAs the Indiana Fever try to win their first WNBA championship, an executive with the team's parent organization
is
optimistic the women’s basketball squad will remain in Indianapolis.
MoreSymphony musicians, management take big pay cuts
October 7, 2009
Kathleen McLaughlinIndianapolis Symphony Orchestra musicians will take a 12-percent pay cut this year, saving the cash-strapped organization
$4 million. Management-side salary reductions should save another $2 million.
MoreIU: Indiana economy turned in March
October 7, 2009
Norm HeikensThe Indiana economy turned up in March, but the recovery has been slow and dogged. That's the picture painted by a new
monthly index unveiled Wednesday by the Indiana Business Research Center within the Kelley School of Business at Indiana University.
MoreSenate bill doesn't fund Rolls-Royce jet engine
October 7, 2009
IBJ Staff and Associated PressThe measure holds potential bad news for Indianapolis engine maker Rolls-Royce because it does not contain funding for a key
jet engine the company produces, but lawmakers are expected to restore funding when the Senate and House combine bills into
a final version.
More'Makeover' making another trip to central Indiana
October 7, 2009
IBJ StaffPopular ABC show 'Extreme Makeover: Home Edition' is returning to central Indiana.
MoreCummins recalling more workers to Indiana engine plant
October 7, 2009
Andrea Muirragui DavisEnginemaker Cummins Inc. is temporarily adding a second production shift at its MidRange Engine Plant south of Columbus, recalling
as many as 270 workers who had been laid off or transferred to other facilities when it was idled in May.
MoreCabela's puts Greenwood property up for sale
October 7, 2009
Cabela's is selling the land on which it had planned to build a store in Greenwood.
MoreIvy Tech building new campus in Anderson
October 7, 2009
IBJ Staff and Associated PressIvy Tech Community College will build a $20 million campus along Interstate 69 in Anderson, school and city officials
announced Tuesday.
MoreRemy unveils 'off the shelf' electric motor
October 6, 2009
Chris O'MalleyPendleton-based Remy International today formally unveiled its 'off the shelf' electric motors for hybrid vehicles.
MoreIT consultant up for tax abatement
October 6, 2009
Cory SchouteA city board this week will consider tax abatements worth about $47,000 over six years for Indianapolis-based IT consultant
Apparatus Inc., which is moving its headquarters to the former WFYI building at 1401 N. Meridian St.
MoreIndy Partnership's Web site, newsletter recognized
October 6, 2009
Indy Partnership has been chosen to receive three Excellence in Economic Development Awards today at the International Economic
Development
Council's annual conference in Reno, Nev.
MoreLogistics firm expanding headquarters in Greenwood
October 6, 2009
Greenwood-based Avram Worldwide said today that it will expand its headquarters and distribution operations in the city, and
plans to create 78 jobs by 2013.
MoreFishers officials propose huge medical park
October 5, 2009
IBJ StaffFishers development officials anticipate unveiling plans for a huge medical business park near Interstate 69's Exit 10
Wednesday
night at the town's regular council meeting.
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You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.
For those who let this information strike a nerve, remember that this is still the America that allows the freedom to achieve dreams and goals. Should you really chastise those who are given a perk on a deal that is supported by the consumer (that is until they don't like the deal anymore due to envy) or should the dream of rewards for working be looked at a little closer? I say lets stick to the deal, go to work,earn our keep, shoot for dreams, change our jobs to have that dream or shut up about others achievements ..............while we are still afforded this liberty of America !
Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.