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Dow AgroSciences names new CEO
July 29, 2009
Chris O'Malley, J.K. WallIndianapolis-based Dow AgroSciences LLC will have a new CEO after its parent organization moves Jerome Peribere into a new
position, the company announced today. Antonio Galindez, 54, vice president of Dow AgroSciences' crops business, will step
into the top job.
MoreDow AgroSciences names new CEO
July 29, 2009
J.K. WallIndianapolis-based Dow AgroSciences LLC will have a new CEO after its parent organization moves Jerome Peribere into a new
position, the company announced today.
MoreEli Lilly CEO, wife give United Way $1M gift
July 28, 2009
Kathleen McLaughlinEli Lilly and Co. CEO John Lechleiter and his wife, Sarah, have pledged to give the United Way of Central Indiana a total
of $1 million over the next four years as a “challenge to CEOs and other community leaders to step up their giving.”
MoreEli Lilly CEO, wife give United Way $1M gift
July 28, 2009
Kathleen McLaughlinEli Lilly and Co. CEO John Lechleiter and his wife, Sarah, have pledged to give the United Way
of Central Indiana a total of $1 million over the next four years as a "challenge to CEOs and other community leaders to step
up their giving."
MoreConseco says profit in line with estimates
July 28, 2009
J.K. WallConseco Inc. said it would meet analysts’ expectations for the second quarter by posting earnings of at least 22 cents
per share, before investment losses. The Carmel-based health insurer announced the preliminary financial results today after
the market closed.
MoreLilly cancels trials for experimental MS drug
July 28, 2009
J.K. WallEli Lilly and Co. and a development partner has canceled clinical trials on an experimental drug to treat multiple sclerosis
after the drug failed to delay progression of the disease in trial patients.
MoreGrain Dealers Mutual merges with Florida firm
July 28, 2009
Scott OlsonIndianapolis-based Grain Dealers Mutual Insurance Co., one of the largest property-casualty insurers in the state, will
become part of The Main Street America Group, the Jacksonville, Fla.-based company said this morning.
MoreAllstate ends Brickyard 400 sponsorship
July 27, 2009
Anthony SchoettleAllstate Corp. is ending its five-year run as the lead sponsor of the Allstate 400 at the Brickyard NASCAR race in Indianapolis,
company officials said today. The announcement comes after this year’s race at Indianapolis Motor Speedway
suffered a 20-percent attendance drop from last year’s event.
More125 workers at Indianapolis GM plant take buyout offer
July 27, 2009
Kathleen McLaughlinMore than 125 people at General Motors Corp.’s metal-stamping plant in Indianapolis have signed up for buyouts or early-retirement
packages that are worth as much as $115,000 in cash per worker, a union official said this morning.
MoreRegulators hike Irwin Union's capital requirements
July 27, 2009
Peter SchnitzlerRegulators have told Irwin Union Bank FSB that it must boost its capital by the end of next month or face the possible
suspension of its business.
MoreOld National profit falls, but beats expectations
July 27, 2009
Scott OlsonSecond-quarter profit for Old National Bancorp fell 50 percent from the same period a year ago, but the company still managed
to exceed analysts’ expectations.
MoreSeniors are nation's fastest-growing group of entrepreneurs
July 27, 2009
Peter SchnitzlerFor four decades, Jim Ashby worked as a manufacturing floor manager, first for General Motors Corp., then, after a buyout,
for an Ingersoll Rand subsidiary. He likes to relax and fish, but Ashby considers himself too energetic for retirement. He’s
now 67 years old. And a first-time entrepreneur.
MoreBanks no longer in critical condition, but full recovery still distant
July 27, 2009
Scott OlsonThe banking sector is on the mend after being tattered by the financial crisis, but it still has a long way to go before
making a full recovery. That’s the consensus, judging from recent stock performances of the largest publicly
traded banks with a presence in Indianapolis.
MoreBanks building new branches despite online age
July 27, 2009
Marc D. AllanBank transaction counts—the number of people going into banks to make a deposit, cash a check or
conduct some other form of business—have declined in recent years with the increased popularity
of direct deposit, online banking and easy ATM accessibility. So why add branches?
MoreIndianapolis hotels feel pain of national slump
July 27, 2009
Anthony SchoettleHotel occupancy rates are way down in Indianapolis, as they are elsewhere, but local operators and national analysts think
the city is in a good position to bounce back when the economy improves.
MoreClients flee advisory firm for not-for-profits
July 27, 2009
Kathleen McLaughlinWorkPoint, an Indianapolis firm entrusted to handle finances for not-for-profits, has lost several clients in the past 12
months, and all for the same reason—missing money.
MoreTime Factory will challenge Shutterfly, Flickr for Web photo market
July 27, 2009
Chris O'MalleyIndianapolis calendar publisher Time Factory Publishing is launching a Website to compete with photo sharing and publishing
sites Shutterfly and Flickr.
MorePoll says Colts are the local fan favorite
July 27, 2009
Anthony SchoettleA newly released 2008 poll shows the Indianapolis Colts thumping the Indiana Pacers in fan support, which isn’t a
surprise given the recent fortunes of the teams. But some observers say the numbers are more a reflection of the popularity
of the National Football League and the Colts’ Peyton Manning than an indictment of the Pacers.
MoreBattered manufacturing towns hungry for food processors
July 27, 2009
Kathleen McLaughlinEconomic development officials like the stability of the food business, though wages typically are mediocre.
MoreSt. Francis buys big cardiology practice
July 27, 2009
J.K. WallAs concern grows among medical providers that health care reform augurs lower payments, St. Francis
Hospital & Health Centers has agreed to absorb a large group of cardiologists that bring lucrative heart patients to its
facilities.
MoreRedevelopment eyed for former jail building
July 27, 2009
Cory SchoutenProspective buyers need a little vision to see the potential in the four-story former jail at the southwest corner of Maryland
and Delaware streets.
MoreCity files complaint against Bright House Networks over unpaid fees
July 27, 2009
Chris O'MalleyA municipality has filed the first formal complaint against a cable television operator since state telecommunications reform
three years ago unplugged local government oversight of operators.
MoreAdvertising veterans launch new agency
July 27, 2009
Anthony SchoettleThree Indianapolis advertising and marketing veterans have launched a new full-service agency. While the timing might not
be great—with the swooning economy—Dave Lesh, Bruce Dean and Bill Hendrickson think they have the experience to
forge a solid business.
MoreDueling Franklins iron out trademark dispute
July 21, 2009
J.K. WallIndiana-based Franklin College and Ohio-based Franklin University resolved their legal case last night, with Franklin University
agreeing to take specific steps in its advertisements to distinguish itself from Franklin College.
MoreWestfield moves ahead with sports facility plan
July 21, 2009
IBJ StaffA study commission has concluded that a major development involving a new youth-sports complex would be viable for Westfield,
the city announced this morning.
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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.