Indianapolis Business Journal

AUGUST 18-24, 2014

Eli Lilly and Co. once was a pioneer in biotech drugs and treating autoimmune diseases, but abandoned the fields in 1991. Subsequently, biotech autoimmune medicines have become best-sellers. This week, J.K. Wall details how Lilly has been trying to get back in the game. Also this week, Anthony Schoettle reports the Indianapolis Indians' stock buy-back offer might be undervaluing the franchise. And in A&E Etc., Lou Harry reviews Bar Rio.

Front PageBack to Top

Top StoriesBack to Top

Children’s Museum expands footprint

The Children’s Museum of Indianapolis plans to begin tearing down a nearby apartment building this month and is starting to explore options for the site that could include an outdoor attraction.

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Democrats question $12M in consulting contracts

The cash-strapped city of Indianapolis has entered agreements worth more than $12 million as it pursues a public-private partnership for a new courthouse and jail. Mayor Greg Ballard’s office says the fees will be paid by the developer.

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FocusBack to Top

TOLLIVER: Warehousing, e-commerce merging in Indy area

As consumers, our need for instant gratification has never been greater, as evidenced by the rise of e-commerce. Shopping online and receiving an order that same day or the next is replacing the expectations of old, when we received our orders in a week or so.

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OpinionBack to Top

EDITORIAL: Public deserves full disclosure

The city might be negotiating a sweet deal for Indianapolis taxpayers over the proposed $500 million justice center to be built across from the Indianapolis Zoo on the former site of General Motors’ stamping plant. Or, taxpayers might be getting a bad deal.

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LAMKIN: Tax tips for a reform-minded Pence

Determining governmental and tax structures is a major responsibility of state government. But, as we proceed into the 21st century, it is important to note that the size, density and distribution of our population have changed over the last 1-1/2 centuries.

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RUSTHOVEN: Carter keeps the world ‘enlightened’

Former President Jimmy Carter recently volunteered his wisdom on the conflict between Israel and Hamas. In Carter’s view, hostilities were not sparked by Hamas’ firing rockets at Israeli citizens, nor tunneling from Gaza into Israel to kill and kidnap civilians.

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How to upgrade International Motor Speedway

The quality of the racing entertainment at Indianapolis Motor Speedway is unsurpassed by any track [Aug. 4]. If the ultimate goal is to attract more fans, then Doug Boles must make their comfort a top priority.

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In BriefBack to Top

Church accuses JPMorgan of mismanagement, self-dealing

Christ Church Cathedral has filed a federal lawsuit against JPMorgan Chase, alleging the bank’s “intentional mismanagement” and “self-dealing” led to $13 million in losses in church trust accounts endowed in the 1970s by Eli Lilly Jr.

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PROXY CORNER: Noble Roman’s Inc.

Indianapolis-based Noble Roman’s Inc.sells and services franchises and licenses for non-traditional foodservice operations and stand-alone take-n-bake locations under the trade names “Noble Roman’s Pizza," “Noble Roman’s Take-N-Bake” and “Tuscano’s Italian Style Subs.”

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