MARCH 28-APRIL 3, 2011
This week, check out our special report on Indiana firms' efforts to cash in on China growing economy and see why the feds are going after former Fair Finance CFO Rick Snow. In Focus, read about what's happening with growth funding in Indianapolis. And in Forefront, Indianapolis' mayoral candidates share great ideas from other cities.
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IU Health cancels $73M project, acquires Gateway Plaza
Indiana University Health has canceled its plans for a $73 million administrative office building at 16th Street and Capitol Avenue and has instead purchased the Gateway Plaza tower at 10th and Illinois streets.
Read MoreSPECIAL REPORT: Indiana companies charge into China
With economic growth in the United States sluggish, Indiana companies are joining the race to capitalize on the fast-growing Chinese economy—even as hundreds of millions of Chinese move into the middle class and adopt a Western-style thirst for goods and services.
Read MoreCan China maintain pace of economic growth?
People talk about China’s continued economic growth almost as if it is a foregone conclusion, but not all economists are so sure.
Read MoreCummins’ early start revs growth in China
Columbus-based engine maker Cummins Inc. has been building business in China for 30 years, long before many U.S. companies had even begun formulating a China strategy.Cummins now employs 8,000 people in China and racked up 2010 sales of $3.1 billion.
Read MoreMaturing Chinese market gives WellPoint new prospects
Premiums for private health insurers in China are expected to rise to $90 billion by 2020 from $9 billion now, and WellPoint Inc. is angling for a big piece of that pie.
Read MoreDemographic shift steers Lilly’s Asian operations
China remains a small market for Eli Lilly and Co. It generated $320 million in sales for the company in 2010, just 1.3 percent of its $23 billion in sales worldwide. But Lilly has big ambitions in China and is racing to capitalize on its rapid economic growth.
Read MoreTop StoriesBack to Top
Job-creation claims are hot potato
The city’s decade-record number of job commitments in 2010 could be the most frequently discussed figure in the run-up to this fall’s mayoral election, but the number of commitments is difficult to verify.
Read MoreHospitals’ finances improve somewhat in 2010
It was a good but not great year financially for three of the four largest hospital systems operating in the Indianapolis area last year—and hospital analysts are expecting several head winds to continue.
Read MoreFeds go after Fair Finance CFO, despite murkier motive
Unlike the other defendants, Fair Finance executive Rick Snow isn’t accused of tapping the company for a bevy of loans, then failing to repay the money.
Read MoreHamilton County resource center aids entrepreneurs of all ages
Spun off from the Hamilton County Alliance as a separate not-for-profit in early 2010, the Entrepreneurship Advancement Center offers assistance to county residents who aspire to own a business.
Read MoreHigh-end home audio gear will be made in Indiana
A team of former Klipsch Group engineers has spent the two years trying to infuse high-end home audio equipment with the all-in-one sophistication of a smartphone.
Read MoreWXLW beats odds to stay in sports-talk radio
Small Franklin station has survived loss of ESPN affiliation, emergence of better-funded competitors.
Read MoreVersus forces IndyCar to kill online streaming
IndyCar’s television partner is planning its own online content, but that doesn’t satisfy some racing fans.
Read MoreFocusBack to Top
Growth funding drying up in Indianapolis
A key financial stepping stone for Indianapolis-area startups is dwindling, with no significant replacement on the horizon.
Read MoreIndiana bill enhances rural areas for young entrepreneurs
A bill signed by Gov. Mitch Daniels will create a type of auction among rural communities for young entrepreneurs graduating from some universities in the state.
Read MoreOpinionBack to Top
EDITORIAL: Let’s abandon immigration bill
Lawmakers should take notice when broad swaths of society increasingly register opposition to pending legislation, and the immigration reform bill before the General Assembly is one such example.
Read MoreMADER: Design guidelines vital to city’s success
No one likes to be told what to do. But, we’re told how fast we can drive, how many emergency exits we have to have in a building and, in some cases, even the color we can paint our houses.
Read MoreMARCUS: Training and education aren’t same thing
Ignorant and bigoted people are encouraged to run for public office when they witness this dumbing-down of society.
Read MoreANDREWS: Exploring China … and my family’s roots
My trip to China this month took me to the Shanghai street where my great uncle worked nearly a century ago, when he was only beginning to quench his appetite for knowledge about this vast and mysterious nation.
Read MoreFEIGENBAUM: Right-to-work issue still alive and kicking
Legislative observers wonder whether this session’s unique nature may convince Senate leaders to be a bit more flexible in ruling on germaneness.
Read MoreALTOM: Business analysts pack more punch than they used to
The numbers are astounding, even after all these years. A full quarter of all IT projects are canceled before they’re done.
Read MoreHICKS: Debt a bigger problem than who bought it
purchasing our debt and being our banker are different matters altogether.
Read MoreHAUKE: When others panic, think about investing
It is at times like this that it pays to have a little historical perspective, a touch of experience and a steady demeanor.
Read MoreColumn was OK, but tone wasn’t
Mickey Maurer has achieved much in his career, but he should leave sarcastic humor to real comedians.
Read More‘Purple’ column hit the mark
The following is to thank you for [Mickey Maurer’s] column in the March 19 IBJ: “The Indiana we’ve always wanted.”
Read MoreKeep Benner’s column coming
I’m a regular reader of [Bill Benner’s] column. Matter of fact, I read the columns written by you and Bruce Hetrick before I read the front page.
Read MoreDemocracy requires representation
In Wisconsin and Indiana, elected Democrats have fled to Illinois in order to avoid making the difficult decisions facing their states.
Read MoreIn BriefBack to Top
Indiana report says drugstores, grocers best at not selling liquor to minors
Liquor stores didn’t do as well, undercutting their argument against allowing other retailers to sell cold beer.
Read MoreCarmel arts center reaches out to young professionals
The Center for the Performing Arts is launching its own young professionals networking group called “The Scene.”
Read MoreSelf-funded plans draw small-firm interest
In the face of new health reform restrictions, expect more small employers to opt for self-funded health benefits, concludes a report this week from Indianapolis-based United Benefit Advisors.
Read MoreWRTV Channel 6 to begin airing more high school, college sports
A partnership with HomeTown Sports Indiana will give more than a million Hoosiers access to a mixture of live and taped sporting events.
Read MoreRolls-Royce gives downtown office market a bounce
The decision by Rolls-Royce Corp. to occupy Eli Lilly and Co.’s Faris office campus downtown headed off what could have been a big spike in the central business district Class A office vacancy rate.
Read MoreNFP of NOTE: Gleaners Food Bank of Indiana Inc.
Gleaners’ mission is to end hunger by engaging individuals and communities to provide food for people in need.
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