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News & Analysis
Indiana 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.
MoreCouncil to hear plan for stricter smoking ban
October 5, 2009
Scott OlsonA proposal that would prevent smokers from lighting up in all indoor public places in Marion County is expected to meet fierce
resistance from bar owners who oppose a stricter smoking ban.
MoreIU sees $63M revenue boost from enrollment jump
October 3, 2009
Associated PressIndiana University officials say this school year's record enrollment is leading to nearly $63 million in unexpected revenue
for its campuses across the state.
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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.
David Copperfield!