News & Analysis

EEOC suing local hotel for race discrimination

September 30, 2010
Equal Employment Opportunity Commission's lawsuit against the owners of a Hampton Inn on the east side charges that the hotel treated black housekeepers unfairly.
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Court of Appeals upholds Miller estate decision

September 30, 2010
Kathleen McLaughlin
The Indiana Court of Appeals has sided with former Columbus, Ind., banker Will Miller in an estate battle launched by his older brother, Hugh. In an opinion issued Thursday, the court said Will Miller was correct to spend more than $20 million over 3-1/2 years on the upkeep of properties owned by the wealthy Columbus family.
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Local ordinance could be key in City Market discrimination flap

September 30, 2010
Scott Olson
Unlike state and federal law, city ordinance prohibits discrimination based on sexual orientation. That may be enough for the city to take action against Just Cookies, which operates in City Market, for declining a request based on the customer's sexual orientation.
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Crowne Plaza walkway to add to city's connectivity

September 30, 2010
Anthony Schoettle
Officials for Crowne Plaza Hotel downtown said a $400,000 enclosed connector linking the hotel to the convention center will be done in February.
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Indy Racing League near big sponsorship deal

September 30, 2010
Anthony Schoettle
Fresh off signing deal with Brazilian coffee maker, Indy Racing League executive promises much bigger sponsorship announcement within two weeks.
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Hogsett confirmed as U.S. attorney

September 30, 2010
 IBJ Staff
Indianapolis attorney Joe Hogsett has received approval from the full Senate to be the next U.S. attorney for the Southern District of Indiana.
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Indianapolis, Fort Wayne brokerages complete merger

September 30, 2010
Ash Brokerage Corp. and InSource Inc. have merged to create Ash InSource LLC, a company with annual fixed and equity-indexed annuity sales of more than $1 billion.
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Children's Museum to revamp area for preschoolers

September 30, 2010
 IBJ Staff and Associated Press
The Children's Museum of Indianapolis has received a three-year, $700,000 grant from the PNC Foundation to renovate its early childhood exhibit, Playscape. It is the first major gift the foundation has made in Indianapolis.
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Insurers ordered to appear at Frankfort hearing

September 29, 2010
Associated Press
Major health insurers, including Indianapolis-based Anthem, are being ordered to a hearing to explain why they are eliminating child-only policies.
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Downtown tax district reaps unexpected windfall

September 29, 2010
Francesca Jarosz
The city has accumulated a $12 million surplus of funds from the downtown TIF district, raising questions from critics who wonder how the windfall came about.
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Ivy Tech wins $784,000 to re-enroll former students

September 29, 2010
J.K. Wall
The money is part of an effort by Indianapolis-based Lumina Foundation to boost the number of Americans with college-level degrees.
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LEADING QUESTIONS: Regional M&I prez buzzes on banking

September 29, 2010
Mason King
LQ_Rick_watchvideoMarathoner, mountain climber and career changer Reagan Rick approaches his work in finance with high energy and a lofty perspective. He discusses the thin air in today's lending environment.
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Lilly sues drug distributor over generic Zyprexa sales

September 29, 2010
Bloomberg News
Celesio's Lloyds Pharmacy and Aah Pharmaceuticals businesses sold about 800,000 tablets of generic Zyprexa before agreeing in 2008 to halt sales, Lilly said in a complaint filed in the High Court in London.
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Local television ratings for Reds games soar

September 29, 2010
Anthony Schoettle
This August, ratings on Fox Sports Indiana for Cincinnati Reds games were up 144 percent over the same period a year ago. September ratings are up 196 percent.
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Marian joins Bush initiative to train school principals

September 29, 2010
 IBJ Staff and Associated Press
Marian University in Indianapolis is one of six schools or school districts signed up with the George W. Bush Institute to train school principals in business-like management techniques.
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Fortune Industries reports higher profit, lower revenue

September 29, 2010
Indianapolis-based professional employer organization reported fiscal-year profit of $828,000, an 85-percent increase from fiscal 2009. Revenue, however, fell 20 percent, to $60.7 million.
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Rules mostly falling WellPoint's way

September 29, 2010
J.K. Wall
Health insurers won fairly broad leeway under key rules suggested by state insurance commissioners that will govern what kinds of expenses count toward meeting a new federal threshold to spend at least 80 percent of premiums dollars on medical care.
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Indiana University aims to raise $5B in a decade

September 29, 2010
 IBJ Staff and Associated Press
Indiana University President Michael McRobbie says the university is in "constant campaign mode," and private philanthropy is vital for enhancing student financial aid, endowed faculty chairs, specialized buildings and academic initiatives.
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Critics of parking proposal question $500,000 penalty

September 28, 2010
Scott Olson
City leaders argue the termination fee would be paid only if the city breaks the 50-year agreement after the City-County Council signs off on the deal, not if the contract doesn't win approval.
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Union representing Star employees settles suit

September 28, 2010
Details of the confidential agreement were not made public. The union said in a letter to Star employees that the eight will receive a financial settlement but will not be rehired.
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Site chosen for proposed Westfield sports complex

September 28, 2010
Anthony Schoettle
The Hamilton County sports and recreation campus—known as the "Family Sports Capital of America"—is expected to occupy 300 acres and cost millions to fully develop.
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Colts may look to sell souvenirs through vending machines

September 28, 2010
Anthony Schoettle
Locally based MainGate is testing the new NFL merchandise sales technique in Minnesota. Indianapolis could be next.
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Local firm lands $50 million Coast Guard account

September 28, 2010
Anthony Schoettle
Indianapolis-based technology firm Communications Products Inc. scores its second big government contract in nine months.
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Rehab hospital shakes up leadership

September 28, 2010
J.K. Wall
The CEO is on his way out and the board has been dissolved at Rehabilitation Hospital of Indiana, as its owners—Clarian Health and St. Vincent Health—work to pull the hospital closer to their own operations.
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Developer of senior housing buys big tract near Zionsville

September 28, 2010
Tom Harton
Baptist Homes of Indiana Inc. closed Sept. 17 on 159 acres that encircle the Golf Club of Indiana.
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  4. The question is, where could they build a new stadium? It seems in the past year, all the prime spots have been spoken for with potential projects. Maybe in the industrial wasteland area a block past Lucas Oil? I think it needs to be close to the core, if a new stadium is built.

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