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Indianapolis Business Journal - May 22-28, 2017

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In This Issue

Front Page

Lilly hires 'powerhouse' D.C. lobbyist

Leigh Ann Pusey will join Eli Lilly and Co. next month as senior vice president for corporate affairs and communications.

Coalition to craft splashy vision for White River development

A coalition of government, business and community groups is posing a big question: How can Indianapolis and surrounding counties best capitalize on the White River?

Racing spinoffs feed local economy

Several businesses launched by entrepreneurs who honed their skills in the racing arena are in high-gear growth mode.


Top Stories

Experts: Marsh purchase doomed from start

In 2006, when Sun Capital Partners bought Marsh Supermarkets, the bet looked risky at best.

Competing interests debate future of Nickel Plate Railroad

The fate of the historic Nickel Plate Railroad could be decided this summer—but there’s no consensus on what the corridor should look like or on the impact or costs of projects.

Sale of HHGregg name could lead to brand’s resurrection

HHGregg Inc. will be history once the Indianapolis-based appliance and electronics chain wraps up store-closing sales at the last of its 220 locations this spring. Or will it?

Real estate crowdfunding firm graduates to first apartment property

A local startup with about 100 investors is making bigger acquisitions by progressing from rental homes to apartments, starting with a complex in Garfield Park.

Speak Easy targets artists with Tube Factory venture

The not-for-profit co-working organization is using a new grant to fund "Arts and Entrepreneurship" programming, and it's opening an outpost at the arts-focused Tube Factory.


Focus

How long can Purdue's tuition freeze last?

President Mitch Daniels said he didn't think the school could keep tuition costs down as long as it has and he's disappointed other colleges haven't followed suit.

Local charter network to buy vacant IPS elementary school for $1

Tindley Summit Academy will move this fall to the IPS School 98 campus, which was available for next to nothing under a rarely used state law.


A&E, etc.

LOU'S VIEWS: Historical Society telling Indiana stories on road and in print

A look inside the new mobile touring exhibition and a new book on Presidential visits to Indiana.

DINING: Broad Ripple staple Mofoco expands to downtown

The new variant has streamlined the menu, cut back on the seating, and shifted to an order-at-the-counter setup.

LOPRESTI: Turnaround man rebuilds Butler baseball program

Bulldogs leave lopsided defeats behind, dispatch all state foes.


Opinion

MAURER: Now I know how Rip Van Winkle felt

A year away from writing this column turned into an eternity in politics, sports

JOHNSON: Closing the Statehouse ‘millennial’ gap

Hoosier millennials take one glance at the latest from the Statehouse and think: Why bother? The Indiana General Assembly’s work product is a result of policy priorities that wouldn’t be out of place on the set of “Happy Days.”

LARAMORE: Civil legal aid good for business and poor

We need to stand up for the belief of justice for all, not just for those who can afford it.

KIM: We all should heed advice from retired Navy SEAL

Making your bed will also reinforce the fact that little things in life matter. If you can’t do the little things right, you will never do the big things right.

BOHANON & STYRING: All this health care rhetoric is bad for our health

If society is determined to help those with expensive medical problems, the way to do it is … well, by helping those with expensive medical problems.

Legislature should consider liquor change


In Brief

Most Indianapolis 500 drivers insured against the unspeakable

At least half of the drivers in the Indianapolis 500 field get their life insurance from the same Indianapolis-based insurance agency.

Central Indiana home builders see another uptick in demand

Filings for new homes in central Indiana rose 3 percent in April—marking the 20th monthly increase in demand over the last 24 months.

Fast-casual eatery chain planning north-side location, six more in Indy

Founded in 2015, the New York-based chain featuring bowls of greens, grains and bone broths is in the midst of a major expansion calling for hundreds of locations.

CNO Financial CEO Bonach to retire at year's end

The Carmel-based insurance holding company has selected its president, Gary Bhojwani, to succeed Ed Bonach, who has has held the top spot since 2011.

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