Indianapolis Business Journal

MAY 10-16, 2010

This week, find out more about Cunningham Restaurant Group, the Avon-based dining empire that is poised to open its 10th restaurant in a high-profile location downtown. In Focus, see how the Wishard Memorial Hospital project is breathing new life into the local construction industry. And check out what Christel DeHaan is selling to raise money for her not-for-profit education organization. Been anxiously awaiting Patachou spinoff Napolese? See what Lou Harry thinks about the pizzeria.

Front PageBack to Top

Lilly hopes Elanco unit becomes a cash cow

Elanco Animal Health chief Jeff Simmons predicts that consumers will opt for food made cheaper by using
Elanco’s productivity-enhancing drugs over pricier organic and locally grown products. But, as a hedge,
he has Elanco developing products to help organic farmers, too.

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Veolia concessions worry regulators

Testimony filed in Indianapolis Water Co.’s rate case shows the city in 2007 agreed to take on millions of dollars in costs
from the private firm it hired to operate the utility, including $48 million in retiree medical plan obligations.

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Top StoriesBack to Top

Knauf Insulation sues NatCity over $8M investment loss

One of Shelby County’s largest employers is suing NatCity Investments Inc. to try to recover nearly $8 million in losses on
auction-rate securities. Knauf Insulation filed suit in Shelby Superior Court in March, saying NatCity should repay the money
in accordance with a settlement the bank reached with federal regulators in March 2009.

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Coffee sales give Christel House a boost

Indianapolis-based Christel House is brokering sales of in-room coffee to resorts around the country, taking a 10-percent
royalty to do so. The coffee is roasted by Indianapolis-based Copper Moon Coffee Co. and packaged in red and green bags decorated
with drawings by students at Christel House’s schools.

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FocusBack to Top

OpinionBack to Top

ALTOM: Are you disaster-ready, dust-induced or not?

You know you should back up your data for redundancy. But you can’t back up an entire airline industry. That’s
a lesson we learned recently when a volcano with the cat-crossing-the-keyboard name of “Eyjafjallajökull”
exhaled tons of volcanic dust into the clear skies over Europe and brought aviation worldwide almost to a literal grinding

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JA’s Miller acted appropriately

As the former CEO of Junior Achievement of Central Indiana, as well as the former president of the Experiential Learning and Entrepreneurship Foundation, Jeffrey M. Miller is concerned with the potential implications of the latest article regarding JA and ELEF titled “Fate of fund a JA mystery” published in the May 3 IBJ.

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Thanks for touting arts subscriptions

I think there’s a large portion
of Indianapolis that misses out on the importance of subscription packages and don’t quite understand exactly why they’re
needed to bring bigger and better shows.

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In BriefBack to Top

New federal funds come with big goals

Indiana has now received nearly $50 million in federal bucks to digitize health care around the state. But the latest grant—$16
million to the Indiana Health Information Exchange—comes with specific, ambitious goals for health care providers.

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