News & Analysis

Not-for-profit Leadership Ventures calling it quits

June 4, 2010
Scott Olson
Local organization that helped other not-for-profits attributes June 30 closing to economic downturn.
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Hurco suffers loss despite better sales

June 4, 2010
Indianapolis-based machine tool maker lost $1.5 million in its second fiscal quarter, which was much greater than the loss it reported in the same period last year.
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Ballard announces $4 million City Market overhaul

June 4, 2010
Peter Schnitzler
Restoration project, slated to last nearly a year, will redesign vendor stand facades, improve lighting and introduce a regular schedule of live entertainment at the historic venue.
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Library postpones branch-closure decision

June 4, 2010
 IBJ Staff
The Indianapolis-Marion County Public Library board of trustees has delayed a decision on whether to close up to six library branches until its July 15 regular meeting.
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NFL exec tours city, checks on Super Bowl preparations

June 4, 2010
Anthony Schoettle
The NFL's Super Bowl point man tours legacy project, University of Indianapolis and Lucas Oil Stadium to make sure city is on track for 2012 event.
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Federal appeals judge moving chambers to Indiana

June 4, 2010
 IBJ Staff and Associated Press
A judge on the federal appeals court in Chicago is relocating his chambers to Indiana University's Bloomington campus.
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Former funeral director facing 14 felony charges

June 3, 2010
 IBJ Staff
A former Indianapolis funeral director is facing 14 felony charges for corrupt business influence, forgery and theft after a grand jury investigation.
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Indiana revenue collections tick up, but miss projections

June 3, 2010
Associated Press
The State Budget Agency said Thursday that collections through 11 months of the current fiscal year stand about $1 billion below the budget passed by the General Assembly in June 2009.
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Johnson & Johnson warehouse plans to add 465 jobs

June 3, 2010
Hendricks County distribution facility in new 70 West Commerce Park scheduled to open in mid-2011.
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OrthoWorx initiative names executive director

June 3, 2010
 IBJ Staff
Not-for-profit launched last year by BioCrossroads and Indiana's orthopedic companies names Zimmer Inc. executive Brad Bishop to lead the initiative.
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Group plans reuse of historic former elementary school

June 3, 2010
Cory Schouten
A former elementary school built in 1905 is getting a new use for the second time since the last schoolchildren departed in 1979.
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Update: Colts confirm training camp move

June 3, 2010
 IBJ Staff and Associated Press
The Indianapolis Colts on Wednesday announced plans to move their training camp from Terre Haute to Anderson, where it was held for the first 15 years the team was in Indianapolis.
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LEADING QUESTIONS: Goodwill boss on lessons learned

June 2, 2010
Mason King
McClelland_100by100Jim McClelland of Goodwill Industries picks his favorite book on management and explains how he righted his biggest wrong turns.
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Six bidders in line for Indianapolis Indians stock

June 2, 2010
Scott Olson
State awards unclaimed shares of the minor league baseball team to bidders who offered as much as $27,505 for each share.
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SynCare withdraws abatement request

June 2, 2010
 IBJ Staff
Locally based SynCare LLC has withdrawn a request for a property tax abatement tied to the creation of 114 jobs. SynCare owner Stephanie DeKemper said she pulled the request to ensure the employment projections are accurate.
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Report: Colts moving camp to Anderson

June 2, 2010
Anderson University is expected to announce Thursday that the Indianapolis Colts will move the team's training camp from Terre Haute to the Madison County campus, the Herald-Bulletin is reporting on its website.
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Hoosiers begin agriculture trade mission to China

June 2, 2010
Joe Jasinski
A 26-member delegation of Hoosiers, including Lt. Gov. Becky Skillman, arrived Wednesday in Hangzhou, Indiana’s Chinese sister state since 1987, for an agriculture-focused economic development trade mission.
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Construction supplies firm plans mixed-use HQ downtown

June 2, 2010
Cory Schouten
Affordable Building Supplies LLC, which was displaced by the construction of Lucas Oil Stadium, hopes to move its headquarters closer to downtown in a new mixed-use building on South Meridian Street.
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Shoe Carnival profit beats estimates

June 2, 2010
Evansville-based retailer earned $9.2 million in its fiscal first quarter, on strong sales of athletic and toning footwear.
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Expert: Reform can improve communities

June 2, 2010
J.K. Wall

The much-maligned health care bill provides a huge opportunity for local communities to improve the health of their citizens and for local health care providers to win bonus payments from federal health insurance programs. That's the message Len Nichols, a Beltway veteran and health policy expert, will bring to attendees at the All Healthcare is Local conference today.

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St. Vincent closes in on new hospital deal

June 2, 2010
J.K. Wall

A deal in which St. Vincent Health would buy or lease Bedford’s Dunn Memorial Hospital is in the final stages, according to the Times-Mail of Bedford. The hospital board held two hours of closed-door talks on May 26, and one board member predicted a decision within days.

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Bidders for baseball stock awaiting auction results

June 2, 2010
 IBJ Staff and Associated Press
Die-hard Indianapolis Indians fans who bid on shares of the minor-league baseball team's stock will soon know if they own a piece of the club.
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Indiana Senate's top Democrat demands budget-cut data

June 1, 2010
Associated Press
Minority Leader Vi Simpson, D-Bloomington, said the Republican governor's budget director told her that a comprehensive list of executive branch budget reductions wasn't available. She said that's unacceptable.
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Health care firm plans to create 114 jobs

June 1, 2010
SynCare LLC's expansion hinges on city approval of property tax abatement. The Metropolitan Development Commission is set to vote on the request Wednesday.
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Zoning board denies plan for club catering to under-21 crowd

June 1, 2010
Cory Schouten
The music has stopped for a proposed under-21 club at Madison Avenue and Southport Road after a city board on Tuesday unanimously denied a controversial rezoning request.
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