June 20-26, 2011
This week, find out what obstacles the city has to overcome to make its ambitious tech plan a reality. Also read about what new kind of farming is fanning the economy in Madison County. And check out our annual Indiana 100 section to see how the state's largest companies fared in 2010—and see which privately held firms made our fastest-growing list.
Front PageBack to Top
Showdown looming over Marion County income tax
More agencies will be vying for a piece of the city’s income-tax revenue as next year’s budget process begins. But with that money flat-lined next year, city leaders say there may not be enough to share.
Read MoreWell-located Carmel retail center plagued by vacancies
Merchants’ Square shopping center, built in 1970 as the enclosed Keystone Square Mall and redeveloped into an open-air center and renamed in the mid-1990s, is riddled with vacancies and bracing for another high-profile departure, despite its prime location.
Read MoreCommunity Health adopts low-cost mantra
Community Health Network has embarked on a strategy to become a low-cost, high-output machine in order to survive the coming harsh economic environment that an aging population and expanded health care coverage promises for hospitals.
Read MoreTop StoriesBack to Top
City’s ambitious tech-corridor plan no sure thing
Indianapolis leaders are hoping a new plan launched by Mayor Greg Ballard’s administration to transform the area northwest of downtown into a high-tech job and life-sciences research magnet will turn the long-discussed idea into a reality.
Read MoreArchitect’s role goes beyond blueprints
Architect Sungano Ziswa, a native of Zimbabwe, is Domain Architecture’s primary adviser on an apartment project that is the largest solo effort Domain has undertaken in its 15-year history.
Read MoreWind farm may fan economy in Madison County
E.ON Climate & Renewables North America is planning some 75 wind turbines as part of Madison County’s first commercial wind farm, one that could temporarily employ 150 construction workers and bring a dozen permanent jobs.
Read MoreMerger of cell phone titans takes glow off Brightpoint
Some analysts say investors overreacted to the risk Brightpoint would lose T-Mobile as a customer. Merriman Capital's Scott Searle estimates the earnings impact from losing that client would be “dramatically less than investors originally feared” and “is more than adequately reflected in the stock price.”
Read MoreState paying MindTrust to develop IPS alternatives
The Indiana Department of Education is paying more than $680,000 to The MindTrust, a locally based not-for-profit, to develop other ways to oversee troubled schools than the traditional elected school board.
Read MoreCircle Idea Competition finalists selected
Posters highlighting the top 12 proposals will be on display in Monument Circle storefronts until June 26 so members of the public can vote for their favorite. The ideas could be used by planners plotting the future of the downtown space.
Read MoreWellPoint pays big to tap fast-growing Medicare market
Analysts raised their eyebrows at the $800 million reportedly paid by WellPoint Inc. to acquire a West Coast Medicare plan, but with the commercial health insurance business stagnating, Medicare is vital to WellPoint’s future growth.
Read MoreFocusBack to Top
2010 was great for Indiana’s 100 largest companies
Despite enjoying rising revenues and profits, companies haven’t followed with big increases in job numbers.
Read MoreIndiana public companies had banner year
Corporations staged advances across a variety of industries in 2010 as the economy improved.
Read MoreState’s private companies performed unevenly last year
Fewer than half generated revenue increases.
Read MoreCity’s fast-growing companies surge with economic recovery
An economic recovery blowing against their backs propelled some Indianapolis-area companies to scorching growth.
Read MoreOpinionBack to Top
EDITORIAL: A move to new digs isn’t far-fetched for Angie’s List
The idea of Angie’s List someday pulling up stakes just east of downtown and moving its 650 employees to Fishers, for example, is discouraging for anyone who recognizes the importance of a healthy city core, but the possibility should come as no surprise.
Read MoreMORRIS: Check out Conner Prairie’s new $4 million gem
When I knew I was going to the exhibit opening, I was pleased because I’d heard so much about it, but I wasn’t expecting to emerge enthusiastically recommending it to just about everyone I talk to. Yet, that’s what happened.
Read MoreMARCUS: Hold the celebration; reality is just ahead
Frequently, Hoosiers ride as passengers in one of the front cars on the business roller coaster.
Read MoreGUY: I have no predictions about the future
Those who try to predict the future do not tell us their track records, but they do ask us to buy their books.
Read MoreALTOM: Don’t sweat the cancer risk of cell phones
The evidence strongly shows that, for the business user, cell phones are the least of our worries, unless we’re in the habit of answering them in dense traffic.
Read MoreHICKS: Absence of fathers has dire economic impact
Poverty in America is overwhelmingly caused by two things: failing to graduate from high school and single parenting.
Read MoreSKARBECK: Latest investment tool to tame risk is no panacea
The idea behind tail-risk hedging is to provide protection to a portfolio against a disastrous event that would wreak havoc on the markets—a so-called “black swan” event made famous by Nassim Taleb’s book “The Black Swan: The Impact of the Highly Improbable.”
Read MoreDillard’s a great pick to replace Nordstrom
I agree 110 percent Dillard’s would be perfect for Circle Centre mall. Dillard’s is much like the old L.S. Ayres—a great selection of clothing, etc., and just a classy store.
Read MoreMore support for Dilliard’s
After we lost the Lazarus and Ayres stores in the area, I felt an answer might be to get Dillard’s.
Read MoreGet behind Ballard’s charter school push
I support and applaud Mayor Greg Ballard’s actions regarding the city’s incorporation of failing schools.
Read MoreIn BriefBack to Top
Bids opened for Keystone Towers demolition
Quotes came in way below city’s $2 million budget.
Read MoreMedco deal loses its luster
New Jersey-based Medco has hired just 430 workers in Whitestown—far short of its commitment of 1,400 by 2012—and its business trends suggest the company is shrinking, not growing.
Read MoreCenter on Philanthropy lands funds for study of volunteering habits
School at IU will examine link between participation levels and unemployment.
Read MoreCentral Indiana home sales rise for first time in a year
Sales in the Indianapolis area rose 32 percent last month compared with the same time a year ago, reversing a year-long slump in the residential market. But May 2010 home sales were down dramatically after the expiration of a special federal tax credit.
Read MoreTwo sports media figures exiting Indy market
A local radio personality and an Indiana Pacers sideline reporter are moving on.
Read MoreAnderson firm to sell antimicrobial product in big box stores
Coeus Technologies has begun selling its Ultra7 product through HomeDepot.com.
Read MoreNFP of NOTE: School on Wheels Corp.
School on Wheels Corp. provides one-on-one tutoring and educational advocacy for school-age children affected by homelessness.
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