Indianapolis Business Journal

MAY 14-20, 2012

This week, read about how University Loft is doing two years after a federal raid at its Hancock County facility and find out why vaunted attorney Bill Conour has a lot of explaining to do. Our Women in Business story takes a look at the tech sector's gender gap. And in Focus, we explore the increasingly popular idea of unlimited vacation.

Front PageBack to Top

Digital textbook firm Courseload raises millions

The Indianapolis-based digital textbook company Courseload completed a new round of fundraising in April that its CEO says gives the company the cash it needs to keep landing new university customers in what has become a fast-growing but hyper-competitive field.

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Airport faces fiscal headwinds

The Indianapolis Airport Authority recorded a $31.3 million operating loss in 2011, a result that new board President Michael Wells believes underscores the need to find new sources of revenue.

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Top StoriesBack to Top

City aims to attract additional sponsors

Third Street Partners, a marketing firm that hoped to land half a million dollars in corporate sponsorships for the city of Indianapolis, has received a four-year contract extension to bring home red meat.

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Vaunted attorney Bill Conour has lots of explaining to do

A large question looms in the wake of the April 27 announcement that Conour has been charged in a federal criminal complaint with misappropriating more than $2.5 million in client funds from December 2000 to March 2012. If he is indeed guilty of the wire-fraud charge he faces, where did all the money go?

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Lilly: Forget Alzheimer’s; think diabetes

For more than a year, Eli Lilly and Co. has been viewed by investors as a laggard stock with one, slim shot at producing a huge jackpot: its experimental Alzheimer’s drug. But now company leaders are trying to direct investor attention toward the drugmaker’s diabetes portfolio.

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FocusBack to Top

OpinionBack to Top

Harris doesn’t get education

David Harris, my children attend The Project School in Indianapolis, and you recommended closing the school [April 7 Forefront] for poor test scores.

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Harris column raises questions

The Mind Trust—an organization that proclaims to support entrepreneurial education initiatives, [and] unannounced and ignoring a well-established charter school evaluation process—feels compelled to play the roles of judge, jury and executioner.

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Canal will develop in time

Whoever put together the business model for the canal [April 30 IBJ] that would suggest an almost immediate positive cash flow for small businesses simply was uninformed or had no clue.

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In BriefBack to Top

Marsh CEO Kelley quits for job in New England

Marsh Supermarkets CEO Joe Kelley abruptly resigned Tuesday, and the Fishers-based chain launched a search for its third chief executive in a little more than a year. The company named Chief Operating Officer Bill Holsworth as its interim CEO.

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PROXY CORNER: Endocyte Inc.

West Lafayette-based Endocyte Inc. is a biopharmaceutical company developing therapies for the treatment of cancer and inflammatory diseases.

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