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News & Analysis
Simon Foundation gives $1M to library literacy initiative
September 9, 2009
IBJ StaffThe Indianapolis-Marion County Public Library Foundation today announced that it has received a $1 million gift from the Herbert
Simon Family Foundation to expand its early childhood literacy initiative.
MoreIndiana expects jobless fund troubles until 2015
September 9, 2009
Associated PressIndiana officials say it will take longer to resolve the state's bankrupt unemployment insurance fund's funding troubles
than projected when a law designed to start fixing the system was enacted in April.
MoreDeals from China trip unlikely to come right away, official says
September 9, 2009
Scott OlsonDon't expect the contingent traveling with Gov. Mitch Daniels on his 10-day trade mission to China and Japan to return to
Indiana with a major commitment from an Asian company.
MoreLocal truck dealer strikes deal for big daddy of hybrids
September 9, 2009
Chris O'MalleyIndianapolis truck dealer Utility-Peterbilt leased its first hybrid medium-duty truck this summer after enduring months of
tire-kicking but no action from fleet buyers and plenty of interest from television-news types.
MoreHHGregg promotes three executives
September 9, 2009
IBJ StaffIndianapolis-based electronics retailer HHGregg Inc. announced the promotions of three executives this morning, including
the appointment of a new chief financial officer.
MoreLilly paid doctors to prescribe Zyprexa, notes say
September 8, 2009
IBJ StaffEli Lilly and Co. paid doctors in South Carolina for participating in a speakers' program in exchange for prescribing the
antipsychotic Zyprexa, according to notes by Lilly sales representatives reviewed by Bloomberg News.
MoreReport: Ice Miller, Louisville firm end merger talks
September 8, 2009
Scott OlsonMerger talks that began last year between local legal heavyweight Ice Miller LLP and a Louisville-based law firm reportedly
have broken down, putting an end to a deal that was expected to close by the end of the year.
MoreExactTarget enters European market through acquisition
September 8, 2009
Indianapolis-based ExactTarget announced this morning that it has launched a new international division in London following
its acquisition of Keymail Marketing.
MorePlanned Parenthood closing 5 Indiana clinics
September 7, 2009
Associated PressPlanned Parenthood will close five health clinics across central Indiana after losing some of its federal grant money to provide
family planning services to low-income women.
MoreSweetener company Heartland looks for openings in crowded field
September 5, 2009
Kathleen McLaughlinHeartland Sweeteners LLC is now a top maker of private-label alternatives to Splenda. The company also
markets its own products directly to consumers.
MoreSoft sales plague furniture retailers
September 5, 2009
Cory SchoutenFurniture is one of the easiest big-ticket purchases for consumers to defer when money is tight. Couple
that with a housing bust that left demand for new couches on the curb, and tight credit markets that
continue to prevent retailers from financing customers without perfect credit, and you’ve got the
worst market for furniture since the Great Depression.
MoreRegion's expertise in hybrid cars goes beyond high-profile players
September 5, 2009
Chris O'MalleyBright Automotive and EnerDel are well known for their development of components for hybrid cars, but the region has several
other players poised to be big players in the sector. In fact, few realize that North America’s largest producer
of electric motors for hybrid vehicles is based northeast of Indianapolis, in Pendleton.
MoreCorporate sculptures lauded as landmarks, investments
September 5, 2009
Gabrielle PoshadloIn hard times like these, why would corporations spend on sculptures? Because sculptures create one-of-a-kind landmarks, and
the art has potential to grow in value.
MoreEx-workers sue Navistar, charge plant closing violated contract
September 5, 2009
Peter SchnitzlerForty-three former employees of Navistar Inc.’s shuttered diesel engine plant have sued the company, claiming it
breached their collective bargaining agreement by moving plant work in recent years to non-union facilities.
MoreIndiana Fiscal Policy Institute seeks comeback
September 5, 2009
Peter SchnitzlerThe Indiana Fiscal Policy Institute’s board has hired Indianapolis Star business columnist
John Ketzenberger to engineer a resuscitation.
MoreBuilding information modeling replacing computer-aided design
September 5, 2009
Scott OlsonArchitects, engineers, contractors and others in the design-build industry hope building information modeling will cut waste.
The technology allows more detailed viewing of projects before they move to construction.
MoreArt-gallery operators opening new spaces on Mass Ave
September 5, 2009
Kathleen McLaughlinThe launch of two new gallery ventures come on the heels of the closing of one of the
city’s most well-established fine contemporary art spaces, Ruschman Gallery.
MoreDeveloper Lauth's bankrupt units win round in court
September 5, 2009
Cory SchoutenLauth Group Inc. in recent weeks has won critical courtroom victories that likely will allow company principals
to retain control of three subsidiaries in Chapter 11 bankruptcy.
MoreSidewalk inspections help downtown get spiffed up for big events
September 5, 2009
Marc D. AllanThey used to say that downtown Indianapolis rolled up the sidewalks at 6 p.m. No one says
that anymore. Now they say those sidewalks need to be clean. Sidewalk cleanliness is important on a day-to-day
basis for aesthetic reasons, but even more so when Indianapolis wants to put on its best face for major events
like the Final Four, the Indianapolis 500 and the Super Bowl.
MoreNational Math Bee coming to Indianapolis in 2010
September 4, 2009
Scott OlsonThe mathematical version of the Scripps National Spelling Bee is coming to Indianapolis in 2010, according to the director
of the organization that hosts the event.
MoreAuto supplier set to accelerate with seat-control software
September 4, 2009
Chris O'MalleyA company founded by a Westfield chiropractor is in talks to license to automakers software that’s designed to produce
a less-fatiguing ride. Comfort Motion Technologies also wants to make aftermarket versions of the software as add-on modules
that could be used in most any car with a power seat.
MoreRepublic's purchase of Frontier could mean more local jobs
September 4, 2009
IBJ StaffRepublic Airways Holdings Inc. is considering shifting as many as 250 jobs to its home base of Indianapolis as a result of
its pending acquisition of Frontier Airlines Holdings Inc. in Denver, according to a news report.
MoreNational jobless rate hits 26-year high
September 4, 2009
Associated PressThe unemployment rate jumped almost a half-point, to 9.7 percent, in August, the highest since 1983, reflecting a poor job
market that will make it hard for the economy to begin a sustained recovery.
MoreAuto parts supplier coming to Plainfield, plans to create 30 jobs
September 4, 2009
IBJ StaffChicago-based LKQ Corp., a supplier of replacement and aftermarket automotive parts, will establish a distribution center
in Plainfield with plans to create up to 30 jobs by 2011, the company announced this morning.
MoreHealth information exchanges begin sharing medical records
September 3, 2009
IBJ StaffThe Indianapolis-based Indiana Health Information Exchange today began sharing electronic medical records with two similar
organizations across a multi-regional network, the group announced this morning.
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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.