News & Analysis

FBI combs through records on Brizzi deals

May 13, 2010
Cory Schouten
The FBI is collecting records on an Elkhart real estate deal and an Indianapolis drug case, both involving Marion County Prosecutor Carl Brizzi and defense attorney Paul Page.
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State auctioning 'lost' Indianapolis Indians stock

May 13, 2010
Scott Olson
The bidding for eight shares with unclaimed ownership will begin at $25,000 each. Shares in the team rarely come up for sale.
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Cheer competition inks three-year extension with city

May 13, 2010
Jamfest Cheer Super Nationals will be held in Indianapolis through 2015. The competition is one of the city's largest annual gatherings, attracting about 20,000 cheerleaders and spectators.
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Indiana, IBM sue each other over welfare contract

May 13, 2010
 IBJ Staff and Associated Press
IBM says it is owed nearly $53 million in fees and equipment expenses under the 2006 contract. The state says in its lawsuit that it has paid $437 million to IBM and has received "minimal value" in return.
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Stockholders of unclaimed Indians shares

May 13, 2010

The listed holders of eight unclaimed shares of Indianapolis Indians stock and their last known addresses:

ADI Appliances
5350 Lakeview Parkway South Drive
Indianapolis
(owns two shares)

Borden’s Golden Social Club
6815 Guion Road
Indianapolis

Mary H. Martin
3655 Boulevard Place, No. 212
Indianapolis

Estelle R. Spurling
7988 N. Michigan Road, Apt. 308
Indianapolis

Jeanette E. Herr
3208 Lost Valley Road
Fort Wayne, Ind.

Lillian Ramsey
300 N. Michigan St., Suite 404
South Bend, Ind.

William B. Frost
467 N. Conde St.
Tipton, Ind.

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LEADING QUESTIONS: Lead-foot Skillman takes tactful route

May 12, 2010
Mason King
LQ_Skillman_WVLt. Gov. Becky Skillman left behind the hot-rod racing of her youth for the hallowed halls of the Statehouse. Polite persuasion is her secret weapon.
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City visitors group launches $1.3M ad campaign

May 12, 2010
Scott Olson
The Indianapolis Convention & Visitors Association is spending $1.3 million to promote the city to eight Midwestern markets, in hopes of attracting more travelers.
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Ritter's buyer embarking on custard chain turnaround

May 12, 2010
Scott Olson
After purchasing the Franklin-based company two years ago, TruFoods says it now is positioned to seek franchisees in an attempt to grow the Ritter's chain to 100 locations within five years.
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'Indiana Experience' boosts Historical Society visits

May 12, 2010
Society says the attendance represents a 57.4-percent increase over typical walk-in traffic to the Indiana History Center.
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WTHR names new general manager

May 12, 2010
John Cardenas, news director at WBNS-TV Channel 10 in Columbus, Ohio, will assume his new job at WTHR June 1. He'll take over for Jim Tellus, who died suddenly in early March.
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Marian University renames biz school after insurance exec

May 12, 2010
J.K. Wall
Marian University has renamed its school of business after Clark H. Byrum, president of Indianapolis-based The Key Corp., who made a significant gift to the university this month.
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CountryMark acquires oil wells in southern Indiana

May 12, 2010
J.K. Wall
Indianapolis-based CountryMark, a co-op that provides fuel to farmers, has acquired 600 oil wells and other assets in the Illinois basin.
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City says it will keep library branches open

May 12, 2010
Details of a plan to assist the Indianapolis-Marion County Public Library have yet to emerge, but city leaders are pledging their support to shore up a widening budget gap.
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Study: Quality, costs better at big practices

May 12, 2010
J.K. Wall
As physician mergers increase in Indianapolis, a new study has determined that quality at large, multispecialty practices is at least 5 percent higher and costs are 3.6 percent lower than at small group practices.
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Lilly still waiting on once-weekly Byetta

May 12, 2010
J.K. Wall
The U.S. Food and Drug Administration last week pushed its self-declared deadline for rendering an approval decision on the drug Bydureon to Oct. 22. The previous deadline was in March.
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Q&A

May 12, 2010
J.K. Wall
Joe Guzman is a co-founder of Indianapolis-based Ascend USA, the new trade adopted after Guzman merged his benefits brokerage, Benefits Strategies Inc., with benefits business Steven Goodin. The eight-person firm expects to hire as many 15 new employees in the next year. Those workers will help Ascend diversify from health benefits into brokering commercial insurance products.
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Mayor unveils infrastructure-improvement plan details

May 11, 2010
City would use $425 million expected from selling the city's water and sewer utilities to Citizens Energy Group to upgrade city streets, sidewalks and bridges.
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CIB agrees to help Black Expo, but not with grant

May 11, 2010
Scott Olson
Capital Improvement Board votes not to restore IBE's annual $150,000 grant, but agrees to provide the organization with in-kind services equaling the amount.
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Shareholders overwhelmingly OK Conseco name change

May 11, 2010
J.K. Wall
Carmel-based life and health insurer is now CNO Financial Group Inc. to reflect what company officers call a "transformation" of the once-troubled firm.
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Resource lands Colliers affiliation

May 11, 2010
Cory Schouten
Resource Commercial Real Estate, which will remain locally owned and operated, will be known as Colliers International effective immediately, the company said.
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Chrysler plans to spend $300M retooling Kokomo plants

May 11, 2010
Investment in transmission and casting plants, however, hinges on city's ability to offer tax abatement.
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Apartment sellers testing market again

May 11, 2010
Tom Harton
Several apartment properties are back on the market as owners try to appeal to private investors looking for deals before higher interest rates and inflation dampen their enthusiasm.
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Report: WellPoint, Aetna may need relief from cost mandate

May 11, 2010
Bloomberg News
The U.S. health overhaul’s mandate that insurers spend 80 percent of premiums on medical care may need to be loosened to keep companies from quitting the market for people who buy coverage on their own, state regulators said.
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State's largest pension programs get new leader

May 11, 2010
 IBJ Staff and Associated Press
Steve Russo was chosen Monday as executive director of both the Indiana Public Employees' Retirement Fund and the Indiana State Teachers' Retirement Fund.
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Tax credits help boost April home sales in central Indiana

May 10, 2010
 IBJ Staff
Home-sale agreements surged 33.8 percent in the Indianapolis area in April as buyers rushed to beat the deadline for federal tax incentives.
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