News & Analysis

Format change likely in offing for 107.9 FM

November 13, 2009
Scott Olson
Local radio station WNTR-FM 107.9, known as The Track, has dismissed four staff members and started playing holiday music in what observers say is likely leading to a format change.
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Health reform prods partnership of St. Vincent, OrthoIndy

November 13, 2009
J.K. Wall
The specter of declining reimbursement, as well as the desire for statewide growth, lie behind St. Vincent Health's decision to form a physician management firm with OrthoIndy and buy a minority stake in its Indiana Orthopaedic Hospital.
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Rolls-Royce scores $11M military helicopter contract

November 13, 2009
 IBJ Staff
The good news continues for Rolls-Royce Corp.'s Indianapolis operations, which this week received an $11.1 million contract to make gas turbine engines for the Army's OH-58D Kiowa reconnaissance helicopters.
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St. Vincent, OrthoIndy form partnership

November 13, 2009
 IBJ Staff
St. Vincent Health has acquired a minority interest in Indiana Orthopaedic Hospital and is in discussions with OrthoIndy physicians and other independent doctors to create a management company that would oversee orthopaedic and spine services at St. Vincent Indianapolis. The health care providers announced the deal early Friday.
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Rokita says GOP redistricting plan not enough

November 13, 2009
Associated Press
Indiana Secretary of State Todd Rokita is pleased that state Senate Republicans have proposed changes to the way legislative districts are drawn, but he says they don't go far enough.
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Barnes & Thornburg enters top 100 on list of largest law firms

November 13, 2009
Scott Olson
A spate of office openings and an acquisition have helped catapult Barnes & Thornburg LLP into the upper echelon of the nation's largest law firms, at a time when the slumbering economy has forced most big firms to cut staff.
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Indiana near top in smoking survey; national rate rises

November 13, 2009
 IBJ Staff and Associated Press
A survey found cigarette smoking rose slightly on a national basis for the first time in almost 15 years and that Indiana had the second highest smoking rate among states.
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Speedway cuts 40 employees in latest cost-saving move

November 12, 2009
Scott Olson
A source at Indianapolis Motor Speedway said IMS laid off 40 employees Wednesday, mostly from its human resources department, in a cost-saving move.
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ICVA: Ad campaign helps draw more visitors to region

November 12, 2009
Scott Olson
A summer advertising campaign launched by the Indianapolis Convention & Visitors Association helped produce more visitors and dollars for central Indiana, even though the organization spent less this year marketing the region.
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National, state foreclosure filings fall

November 12, 2009
 IBJ Staff and Associated Press
Indiana foreclosure filings were down only 1.5 percent in October from the previous month, but have fallen a whopping 18.5 percent from October 2008.
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Hill-Rom's fourth quarter profit exceeds expectations

November 12, 2009
 IBJ Staff
The Batesville-based maker of hospital equipment reported profit of $26.4 million, or 42 cents per share, in the period ended Sept. 30.
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Vera Bradley gives another $10M to IU cancer center

November 12, 2009
 IBJ Staff
Previous gifts from the foundation to the cancer center have been used to hire 10 researchers working on breast cancer.
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Fortune ekes out another profit on falling revenue

November 12, 2009
Indianapolis-based Fortune Industries Inc. managed a small profit in its latest quarter, its fourth straight profitable quarter, the company announced Thursday morning.
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City program benefits veteran-owned businesses

November 11, 2009
Scott Olson
The city's Veteran Business Enterprise program aims to increase the representation of veteran-owned businesses on city projects—an effort that has generated $217,000 in contracts for such firms so far.
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Duke Realty land auction nets $1M; pricier properties go unsold

November 11, 2009
Cory Schouten
Locally based Duke Realty Corp. netted more than $1 million during a Tuesday auction of surplus development parcels in Indianapolis, Fishers, Plainfield and Lebanon.
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Lilly to pay Utah $24 million to settle Zyprexa suit

November 11, 2009
Eli Lilly and Co. has agreed to pay Utah $24 million to settle a lawsuit claiming the company improperly marketed the antipsychotic drug Zyprexa.
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Lilly, WellPoint CEOs pin hopes on Senate

November 11, 2009
J.K. Wall
Drugmaker and health insurer bemoan aspects of House health reform bill and hope Senate crafts more industry-friendly bill.
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Losses grow for EnerDel parent, but sales rise

November 11, 2009
 IBJ Staff
New York-based Ener1 reported late Monday that it suffered a third quarter loss of $15.8 million.
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Voters OK Hamilton Southeastern school-funding tax hike

November 10, 2009
 IBJ Staff
Voters in the Hamilton Southeastern school district on Tuesday overwhelmingly approved a bump to their property taxes to provide the growing system an extra $5.5 million in funding each year for the next seven years.
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Mass Ave fine art gallery G.C. Lucas set to close

November 10, 2009
Kathleen McLaughlin
Greg Lucas will be the second fine art gallery owner in Indianapolis to close shop this year. Lucas announced Tuesday that he will close his gallery at 884 Massachusetts Ave. by year's end.
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Republic Airways adding 800 workers in Milwaukee

November 10, 2009
Chris O'Malley
Locally based Republic Airways Holdings Inc. on Tuesday afternoon said it still might bring jobs to Indianapolis as part of the digestion of its newly acquired Frontier Airlines and Midwest Airlines subsidiaries. But it looks like Milwaukee has wound up as the biggest beneficiary.
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Local man gets 37 months in mortgage-fraud scheme

November 10, 2009
Cory Schouten
A federal judge has ordered an Indianapolis man to serve 37 months in prison and pay $1.7 million in restitution for his role in a massive mortgage fraud scheme.
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CICF lost more than its foundation peers in '08

November 10, 2009
Kathleen McLaughlin
The $491 million Central Indiana Community Foundation has switched investment advisers after the market crash of 2008, a year in which it saw greater losses than many of its peers.
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Tax credit helps boost area home sales 20 percent

November 10, 2009
Scott Olson
A federal tax credit that benefits first-time homebuyers is helping to bring home sales in the nine-county Indianapolis area out of their funk.
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Bargersville wins annexation dispute with Greenwood

November 10, 2009
Kathleen McLaughlin
The Town of Bargersville won a legal dispute Monday that will allow it to annex 739 parcels within three miles of Greenwood's city limits and become the exclusive sewer-service provider in the area.
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  1. The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.

  2. 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!

  3. Coming from her background,she should be used to those kinds of advances! Menard probably figured it was ok to tuck a buck!

  4. I'm still waiting for the list of available, high quality apartments in the Village.

  5. This criminal masquerading as a lawyer obviously has serious issues. He’s been proven by his own testimony to be a pathological liar and probably has a personality disorder as he seems to be constructing a reality around himself. He places no value on truth, honesty or loyalty as evidenced by what he has done to his clients and his own family. And by the demands and lies he has made in court, it is evident he feels entitled to do and say whatever suits his purpose and everyone else is expected to nod obediently and believe him because he is, after all, Bill Super Lawyer; or BS lawyer for short. This millionaire wanna-be no longer owns anything of value; he squandered it and put everything he had into foreclosure. He has no money, house, car, boat or vacation home left to show for what he earned or what he stole. He’s just another loser without morals who will be doing time. I’m certain all of his courtroom shenanigans are antagonizing his poor victims. As Lamar said, his behavior and claims in court have been outrageous. The judge needs to be more than concerned; he needs to be judicial and end this nonsense.

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