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Indianapolis Business Journal - July 13-19, 2018

Indianapolis Business Journal - July 13-19, 2018

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In This Issue

Front Page

New Lilly R&D chief planning blitz of drug launches

Dr. Dan Skovronsky needs to deliver on the drugmaker’s audacious goal of launching 20 new medicines by 2023.

Conner Prairie plans to give White River key role in museum's future

As the organization’s leaders plan for the next two decades, they’re targeting the 3.3 miles of the White River that runs through their property for new experiences and attractions.

Acquirer of Angie's List gets big lift from deal

Nearly 10 months after Angie’s List merged with Home Advisor, the financial fortunes of the combined entity are taking off faster than analysts and company officials expected.


Top Stories

IU Health gears up for major push into Indy's suburbs

he state’s largest health system said in June that it has formed a dedicated management group to oversee its suburban hospitals and “any future expansion of services.

Tibbs Drive-In survives as so many other theaters close

Drive-in movies might sound like relics from a bygone age, but you wouldn’t know it from the Saturday crowds at the Tibbs Drive-In Theatre.

SEC’s $300,000 ITT settlement leaves trail of questions

The modest settlements might suggest the SEC concluded its case wasn't that strong or that it would be difficult to explain to a jury.

Fresh Market in Fishers among 15 weak stores in chain slated for closure

The North Carolina-based grocer said Monday that the locations awaiting the ax are "longtime, underperforming stores."

Anthem drops plan to rip up front lawn for executive parking

The Indianapolis-based health insurer said that after considering public feedback, it decided "to pursue an alternative solution to meet its parking needs."


Focus

Butler University unleashes building spree, beautification

The $45 million Lacy School of Business building is the cornerstone of a campus transformation costing nearly $250 million that the private school launched following President James Danko’s arrival in 2011.

Work set to begin on new performing arts center in Nashville

A southern Indiana tourist site is moving ahead with plans for an indoor performing arts center that local officials hope will lure visitors back to its once-thriving arts-and-music village.

Burger Study nixed in Fishers in favor of Harry & Izzy's-style grill

The restaurateur behind St. Elmo Steak House is pivoting on plans for a Burger Study on 116th Street and instead intends to develop a more upscale, American-grill concept that would be unique to Fishers.


Opinion

Editorial: Legislative leaders seemed OK to sweep Hill scandal under rug

To the credit of legislative leaders, they acted swiftly when a lawmaker and legislative staffers accused Attorney General Curtis Hill of touching them inappropriately. But they could have handled other parts of their investigation better.

GREG MORRIS: Library still provides invaluable services

For some, the library remains their connection to the world of information, but it serves all of us well.

Kathy Bernhardt: Include the disabled in your talent pipeline

Businesses don’t have to sacrifice success to pursue disability inclusion. In fact, when businesses embrace inclusion, the results are overwhelmingly positive.

Marsh Davis: Preservation pays off—quantifying historic districts’ value

Areas locally designated as historic or conservation districts increase the wealth of individual property owners, act as urban stabilizers in economic downturns, and add to the appeal of the city for job seekers and job creators alike.

LETTER: A highway with a net gain of green. Why not?

As INDOT considers its options to repair and modify downtown interstate infrastructure and traffic patterns, we hope that INDOT sincerely considers the input of the neighbors who will be most impacted.

Santiago Jaramillo: Scaling a culture of high employee engagement

Making incremental changes based on data-sourced, strategic problem areas and measuring them over time is the most effective way to improve employee engagement.

HAHN: Target-date funds are not a cookie-cutter investment

Many investors just pick a fund, or use the 401(k) default, and hope for the best. Understanding the terminology and approach of target-date funds will help minimize investment surprises.

BOHANON & CUROTT: Tariffs will hurt, but pain will not be felt this year

If President Trump’s import tariffs are as bad as economists say, why is the Trump economy so strong?


In Brief

New poll shows Donnelly trailing Braun in tight race

One of the first independent polls of the general election season shows Indiana’s U.S. Senate race slightly leaning Republican.

Former Mainscape CEO sentenced in nursing home kickback scheme

David Mazanowski, founder and former CEO of the Fishers-based landscaping firm Mainscape Inc., was the fifth and final person to be sentenced in the $19 million kickback scheme involving Indiana nursing homes.

Pain management practice with Fishers location closes multiple clinics

One of the largest regional pain management groups is closing more than half of its clinics amid worsening financial troubles and a federal criminal investigation that targeted its former chief executive.

North-side Italian mainstay serving up second restaurant in Yard at Fishers project

The 3,800-square-foot restaurant will maintain much of the menu of the original but add Neapolitan pizza, flatbreads and other elements suitable for lunch patrons.


Forefront

Betty Cockrum: Nominee should leave religion at courtroom door

We are your daughters, your sisters, your granddaughters, your nieces. Show us respect.

Curt Smith: Kennedy retirement best news in 35 years

Justice Kennedy has kept abortion-on-demand legal nationwide.

Michael Leppert: The incomparable court few Americans understand

That’s right, America, one does not even have to be an attorney to be appointed to our highest court.

Andrew Ireland: Korea plays foil to China relations

Whatever their next steps might be, President Trump and his team must continue to strike a delicate balance between engagement and pressure when dealing with the world’s second-largest economy.

Megan Robertson: Leak led political leaders to make right call

I guarantee there would have been a more aggressive response if a woman had been in that room with the four legislative leaders.

Christina Hale: It’s past time for the law to define consent

Consent should never be assumed or taken for granted.

Jennifer Wagner: Forget the Golden Rule; think about others’ feelings first

The trouble is, folks who are so consumed with their own egos and power, real or imagined, rarely think about how their behavior affects other people.

Abdul-Hakim Shabazz: It’s time for city to address homelessness downtown

Watching the homeless turn the Circle into a shanty town … can’t be good for anyone.

Mary Beth Schneider: Is this what we call Hoosier hospitality?

The government’s position on immigration has grown harsher under Trump.

Jim Shella: Trump’s rhetoric stokes danger for journalists

I was once amused by what I assume are Trump’s efforts to charge up his base and protect himself from negative coverage. I no longer find it amusing.

Glenda Ritz: Dealing with the rising levels of stress for our children

Let’s teach them positive ways to cope to stem the impact of youth violence.

Deborah Daniels: Addressing poverty is everyone’s responsibility

A significant segment of our population is being left behind.

Marshawn Wolley: Yes, black men are succeeding in our society

Agency—one’s sense of the ability to control one’s life—was a key indicator of black men’s success over time.

Randall T. Shepard: Judiciary’s growing role leads to nominee scrutiny

Do not doubt that President Trump’s nominee will be asked about policies like campaign finance and regulation of abortions.

Riley Parr: GOP presidents don’t always pick well politically

I’m not arrogant enough to think only conservative jurists should be on the Supreme Court.


Explore

No ocean? No problem for Indy-area beach lovers

Shimmy into your swimsuit, slather on the sunblock, and tuck your toes into the sand at these nearby public beaches.

MIKE LOPRESTI: Hosting Colts camp is test for Grand Park

It's all hands on deck as the massive Hamilton County complex prepares for its big moment.

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