News & Analysis

Machine-tool maker Hurco hopes trade show sparks salesRestricted Content

September 11, 2010
Kathleen McLaughlin
The Indianapolis-based maker of computerized metal-cutting tools piled up record profits in fiscal years 2005 through 2008, but now is trying to leave behind a second year of losses.
More

E-mail marketer ExactTarget taking more downtown spaceRestricted Content

September 11, 2010
Cory Schouten
The company has inked a deal to take the entire seventh floor of the Century Building at 36 S. Pennsylvania St., and may take additional space on two other floors.
More

Clarian expanding neurosurgery unit, aiming for national draw

September 11, 2010
J.K. Wall
Methodist Hospital is spending $27 million to renovate its neurosurgery suites as the centerpiece of a big expansion its owner, Clarian Health, hopes will create nearly 1,200 jobs over the next decade and vault Methodist into the top 10 neurosurgery sites in the nation.
More

New businesses follow the rooftopsRestricted Content

September 11, 2010
Norm Heikens
Indianapolis and surrounding counties have continued to show growth in the number of businesses during the recession.
More

On-site health care clinics moving beyond traditional settingsRestricted Content

September 11, 2010
J.K. Wall
Health clinics based in employers' offices are showing signs of breaking out of their niche among blue collar and government employers—factories, warehouses and school corporations—and could pop up in Class A office buildings filled with white collar workers.
More

Lilly wins reversal of class action in Zyprexa suit

September 10, 2010
Bloomberg News
A U.S. appeals court in New York threw out a September 2008 ruling that said plaintiffs could pursue as a group claims that Zyprexa marketing caused them to pay more for the drug than what it was worth. The plaintiffs were seeking $6.8 billion in damages.
More

JD Norman reaching GM workers through mail

September 10, 2010
Kathleen McLaughlin
The UAW's regional office appears to be arranging a contract vote by mail-in ballot. Word on the shop floor is that a ballot will accompany a new proposal, which includes $70,000 cash for union members who work for JD Norman for two years. The offer is double the amount in a previous proposal.
More

Airport chief out of running for Atlanta job

September 10, 2010
 IBJ Staff
John Clark III, executive director of the Indianapolis Airport Authority, has withdrawn his name from consideration for the top position at Hartsfield-Jackson Atlanta International Airport, the world's busiest airport.
More

United Way teams with Colts for fundraising campaign

September 10, 2010
Kathleen McLaughlin
United Way of Central Indiana will appeal to Colts fandom this fall as it tries to meet an all-time high fundraising goal of $41 million. In a first-time partnership with the agency, the Colts are sponsoring giveaways that will be available to anyone who donates.
More

Law firm moving to Carmel City Center

September 10, 2010
Scott Olson
Indianapolis-based Drewry Simmons Vornehm LLP announced Friday it will move 39 employees from Keystone Crossing to a new Carmel headquarters as part of a growth plan that could include a downtown Indianapolis location.
More

JW Marriott picks top chef

September 10, 2010
Francesca Jarosz
A former executive chef at an upscale Louisville hotel will lead culinary operations at the 1,005-room JW Marriott, which will feature two major restaurants and 100,000 square feet of catering space.
More

Canadian company buying 12 Crystal Flash stores

September 10, 2010
Alimentation Couche-Tard Inc. said on Friday that it expects to complete the acquisition of a dozen Indianapolis stores this month. Couche-Tard is the largest independent convenience store operator in North America.
More

INSIDE DISH: Sun King brewery blazes past initial sales goals

September 10, 2010
Mason King
Sun King Watch VideoFounded in 2008, Indy's first production brewery in decades already has blitzed five-year goals and plans to ramp up capacity to as much as 12,000 barrels per year, says co-owner Clay Robinson.
More

Beck's Superior Hybrids plans $24.5M expansion

September 10, 2010
 IBJ Staff
A Hamilton County seed company has plans to expand its facilities, creating as many as 72 jobs over the next five years, state economic development officials said Friday morning.
More

Former bank exec receives 22-month sentence

September 9, 2010
Robert E. Tolle pleaded guilty Thursday in federal court of making fraudulent bank entries while serving as a loan officer at the Indianapolis office of Evansville-based Old National Bank.
More

UPDATE: Large debt load will continue to weigh on Emmis

September 9, 2010
Scott Olson
Emmis, which has been awash in red ink, must contend with more than $340 million in debt after CEO Jeff Smulyan failed in his attempt to purchase the company and take it private.
More

Yats owners pull out of upscale bar downtown

September 9, 2010
Andrea Muirragui Davis
Two weeks after the soft launch of the long-awaited restaurant and bar on the first floor of The Ambassador apartment building downtown, Yats Restaurants has pulled out of the enterprise, leaving partner Tom Megenhardt to go it alone.
More

Report: State must cut spending, hike taxes or both

September 9, 2010
Francesca Jarosz
Dwindling tax revenues will cause a projected $1.3 billion budget gap as the state enters its next budget, according a report released Thursday by the Indiana Fiscal Policy Institute.
More

Area home sales still falling

September 9, 2010
Home-sale agreements in the nine-county area fell 23 percent in August. The decline marked the fourth straight month home sales have fallen in central Indiana.
More

New filings for jobless benefits fall to two-month low

September 9, 2010
Associated Press
Even with latest decline, new filings for jobless benefits are still much higher than they would be if the economy is healthy.
More

Fort Wayne hoping to keep some Navistar jobs

September 9, 2010
Associated Press
Fort Wayne officials say they aren't giving up hope that Navistar International Corp. will keep some jobs in the city despite the company's decision to consolidate operations in suburban Chicago.
More

Emmis CEO calls off bid to take firm private

September 9, 2010
Scott Olson
Emmis Communications Corp. will remain a public company after executives announced Thursday morning that CEO Jeff Smulyan has abandoned his efforts to buy the Indianapolis-based media firm.
More

Lilly investing up to $150M in VC funds

September 8, 2010
Bloomberg News
The three venture funds, which will focus on drug development, may be worth a total of $750 million, up to $250 million each, and Lilly will contribute as much as 20 percent of the money.
More

Smulyan delays Emmis buyout vote again

September 8, 2010
A Wednesday evening shareholders meeting has been postponed until Thursday at 8:30 a.m., when the Emmis CEO again will try to take the company private.
More

Dan Laikin sentenced to 45 months in Lampoon fraud

September 8, 2010
Greg Andrews
The sentence was short of the 60-month maximum Laikin could have received under a plea agreement worked out with federal prosecutors last fall.
More
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Uh, sorry Johnnie, but you are incorrect. Despite the assertions by yourself and various defenders and captains, sports attendance is NOT off significantly at most sporting events in the US. Variances in attendance has been in the range of single digits, both + & - for years now. MLB has had most of its best overall attendance nubers in the last decade, and that trend has been consistent for most major sporting events. The number one issue cited by most fans when asked about attendance is the overall cost of attending. The presence of HD and big screen televisions in home doesn't even register, as a factor for not attending an event. VALUE in the product is the key, and apparently is something lacking in the current ICS. What other explanation is there when with what is routinely touted as the "best" racing on the planet, fans are staying away in DROVES. A "close" title battle into the last event at Fontana, with the "cars and stars" of the ICS, and who showed up? MAYBE 8K. Sorry, but HD TV isn't to blame for that kind of fan apathy.

  2. Do you need finance to establish your business ? Are you interested in getting a loan at 3% from our private company? If so please Email: suntrust_oil@blumail.org

  3. If she was worth the $ the public outcry over direct tv dropping them would have kept them on their dishes as we have seen with other companies. I too quit watching channel 13 after she showed up since I left channel 8 because of her all show rather than production results. When Randy on 8 corrected her she had a big head and incorrectly challenged his correction for pronunciation of a city. Other antics while she matures was too much for me with her very inaccurate forecasts. All the forecasters were predicting rain until Thursday except Chris. They predicted sunny on Thursday but instead of rain until Thursday upon which the sun would finally make it out in full glory Chris was right on the money just as I too predicted looking at the radar on weather.gov. One thing I love about Angela is the fear you can see in her every time it thunders in the winter. It far exceeds the entertainment value of her body language (high heel noise drags, depression, etc) when her forecasts are so incorrect. Her hair stands on end, you have to see it!!!

  4. Good Day, Apply For A Loan I am Mr Fernadez Antonio, a private Loan lender and a cooperate financial for real estate and any kinds of business financing. I also offer Loans to individuals, Firms and cooperate bodies at 3% interest rate We offer any kind of loans. email us via fernadezloaninvest@outlook.com LOAN APPLICATION FORM First name:......................... Middle name:......................... Last name:........................................ Date of birth (yyyy-mm-dd):....................... Gender:........................................... Marital status:................................... Total Amount Needed............................... Loan Duration.................................... Address:.......................................... City:............................................. State/province:................................... Zip/postal code:.................................. Country:.......................................... Phone:............................................ Fax:.............................................. Mobile/cellular:.................................. Monthly Income.................................... Occupation:....................................... Best Regard, Mr Fernadez Antonio.

  5. i will love to share my testimony to you all the people in world i got married to my husband about 2 year ago we start having problems at home like we stop sleeping on the same bed,fighting about little things he always comes home late at night,drinking too much and sleeping with other women out side i have never love any man in my life except him. he is the father of my child and i don't want to loose him because we have worked so hard together to become what we are and have today .few month ago he now decided to live me and the kid,being a single mother can be hard sometimes and so i have nobody to turn to and i was heart broken.i called my mom and explain every thing to her,my mother told me about DR.okoro how he helped her solve the problem between her and my dad i was surprise about it because they have been without each other for three and a half years and it was like a miracle how they came back to each other. i was directed to DR. okoro on his email:okorospell@gmail.com and explain everything to him,so he promise me not to worry that he will cast a spell and make things come back to how we where so much in love again and that it was another female spirit that was controlling my husband he told me that my problem will be solved within two days if i believe i said OK So he cast a spell for me and after two days my love came back asking me to forgive him i Am so happy now. so that why i decided to share my experience with every body that have such problem contact Dr okoro the great spell caster on his email addresses spellcasterforlove@outlook.com

ADVERTISEMENT