News & Analysis

WellPoint pledges two-day hospital stays after mastectomy

May 26, 2010
J.K. Wall
In the company's latest response to withering criticism of its breast-cancer policies, WellPoint Inc. said it will pay for any breast cancer patient to stay two days in a hospital after surgery.
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LEADING QUESTIONS: Small-biz tips from finance whiz

May 26, 2010
Mason King
Wojtowicz_WatchVideoJean Wojtowicz, whose firm has helped fund more than 1,200 Indiana companies, recommends the "front-page test," looking seriously at expanding, and pulling the trigger quickly on toxic employees.
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Football coaches' group to convene in Indianapolis

May 26, 2010
 IBJ Staff
The four-day events in 2014 and 2019 are expected to draw about 7,000 attendees each and fill a total of more than 20,000 room nights, likely ranking among the city’s 25 largest conventions each year.
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Local firm to manage city's infrastructure initiative

May 26, 2010
 IBJ Staff
American Structurepoint has been tapped by the Department of Public Works as program manager for the city’s “RebuildIndy” infrastructure-improvement initiative.
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Formula One set for U.S. comeback

May 26, 2010
 IBJ Staff and Bloomberg News
Formula One, which hasn't conducted a U.S. race since 2007 in Indianapolis, plans to return to the United States in 2012 with an event at a new track in Austin, Texas.
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Indianapolis Zoo opening new cheetah exhibit

May 26, 2010
 IBJ Staff and Associated Press
The $2 million exhibit opens Saturday featuring five of the fastest animals on land.
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Effective stats are new hurdle for U.S. drugmakers

May 26, 2010
J.K. Wall
WellPoint Inc.'s announcement of comparative effectiveness research guidelines last week marks a new era for U.S. drugmakers. The Indianapolis-based health insurer will use studies that compare the effectiveness of one drug against another as a complement to typical clinical trial research that compares a drug against a placebo sugar pill.
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Summit to counsel cities on reform

May 26, 2010
J.K. Wall
Now that health reform is law, a local not-for-profit group, Better Healthcare for Indiana, wants to help Indiana community leaders use the law to slow runaway medical spending while improving the health of their citizens.
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CEO Smulyan gets OK to take Emmis private

May 26, 2010
 IBJ Staff and Bloomberg News
Emmis Communications Corp. agreed to be acquired for about $90 million by closely held JS Acquisition LLC, a company formed by Emmis CEO Jeff Smulyan.
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Governor backs card counter banned by casino

May 25, 2010
Associated Press
Indiana Gov. Mitch Daniels used the story of a blackjack player's lawsuit in telling Franklin College graduates about using skill to push the odds in one's favor.
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Retail project in search of tenants after Ace deal falls apart

May 25, 2010
Cory Schouten
A not-for-profit group that's hoping to build a retail project at the northeast corner of 22nd and Delaware streets is looking for tenants after a deal for an Ace Hardware fell apart.
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Police reviewing death of Tomisue Hilbert's mother

May 25, 2010
Scott Olson
Information that could prove her death was not an accident has surfaced during civil proceedings involving a life insurance policy.
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Stocks plummet on economic worries

May 25, 2010
Associated Press
The Dow Jones industrials plunged below 10,000 Tuesday as traders turned away from stocks amid worries about the global economy and tensions between North and South Korea.
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AMC sells Greenwood theater to Regal Entertainment

May 25, 2010
 IBJ Staff
AMC divested the property in order to proceed with its $275 million deal to buy 93 theaters operated by Kerasotes Showplace Theatres.
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Business bank reports first-quarter loss

May 25, 2010
Indiana Business Bancorp lost $519,043 in the first quarter compared with a profit of $32,252 during the same period a year ago.
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Lawrence Village inks J.C. Hart deal, seeks retail developer

May 25, 2010
Tom Harton
The Fort Harrison Reuse Authority has approved the sale of a 6.6-acre site to Carmel-based J.C. Hart Co. for development of a 217-unit apartment community.
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Northstar Aerospace closing Anderson plant

May 25, 2010
 IBJ Staff
The Anderson plant, which opened in 2006 and makes aircraft parts, has about 40 employees.
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NFL must face antitrust suits, U.S. high court rules

May 24, 2010
 IBJ Staff and Bloomberg News
The lawsuit involved the National Football League's agreement with Adidas AG's Reebok, which employs 950 people at a manufacturing plant on the east side of Indianapolis.
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Simon plans to rejoin retail leasing event

May 24, 2010
Cory Schouten
Simon Property Group Inc. plans to rejoin the giant leasing mall at the annual ICSC convention in Las Vegas, where 25 percent of the nation's retail lease deals are consummated.
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City hosting U.S.-China vehicle summit

May 24, 2010
Event will bring together a delegation of Chinese automakers and Indiana manufacturers to explore business opportunities relating to hybrid and electric vehicles.
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Fieldhouse feud results in tax refund for theater owner

May 24, 2010
Scott Olson
Hollywood Bar and Filmworks owner Ted Bulthaup said higher parking rates following Conseco Fieldhouse's opening drove his patrons away. The IRS agreed.
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Girl Scouts to sell Boone County camp, three others

May 24, 2010
Associated Press
The Girl Scouts of Central Indiana says a study found that the four sites need significant renovations to reach current safety codes.
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Sports talk host JMV lands at Emmis station

May 24, 2010
Kathleen McLaughlin
JMV's new show, "The Ride," will run weekdays from 3 p.m. to 7 p.m starting Monday.
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Feds: AMC must sell some Indy theaters to make acquisition

May 24, 2010
Bloomberg News
The U.S. Justice Department said AMC Entertainment Group Inc., the second-largest U.S. movie theater owner, must sell some cinemas to proceed with plans to buy most of those operated by Kerasotes Showplace Theatres.
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Ivy Tech set to break ground on new downtown building

May 24, 2010
 IBJ Staff and Associated Press
Ivy Tech Community College is set to start new construction at a former hospital site next to its downtown Indianapolis campus.
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  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.

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  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!!!

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