Indianapolis Business Journal

NOVEMBER 1-7, 2010

This week, read about how the developers of the Di Rimini apartment complex escaped oversight after the project was approved and find out why WXIN-TV Channel 59 is adding more local newscasts. In Focus, see what BioCrossroads is doing to keep laid-off life science workers in the area. And check out the latest installment of Mickey Maurer's advice for entrepreneurs.

Front PageBack to Top

Eli Lilly will have to beat odds to meet drug-rollout goals

Eli Lilly and Co. executives have said repeatedly that the company’s bulging pipeline will produce two new drugs per year, beginning in 2013. But only three times in the past six decades has Lilly been able to launch two or more new drugs in back-to-back years.

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Oaks Academy pondering how to fund a second location

Local leaders are encouraging The Oaks Academy to duplicate its successful urban private school model at a second location as part of the massive investment in near-east-side redevelopment spurred on by Indianapolis’ successful bid for the 2012 Super Bowl.

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Top StoriesBack to Top

City seeks privatization of Velodrome

City officials are hoping that privatizing the Major Taylor Velodrome, which now is in disrepair, will breathe new life into the cycling venue built in 1982 as a key part of Indianapolis’ efforts to become a sports capital.

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Local Fox affiliate fattens up on news

Since 2004, WXIN-TV Channel 59 in 2004 has gone from airing 18-1/2 hours of live local news a week to 54-1/2 hours. And if everything goes as planned, by the end of 2012 it will add a 6-7 p.m. newscast weekdays, bringing the total to an astonishing 59-1/2 hours.

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Cash crunch hits Indianapolis Urban League

After losing a key grant, Indianapolis Urban League laid off employees and failed to make three months' worth of retirement payments into one former worker's account—something that was remedied after the worker complained to the Labor Department.

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FocusBack to Top

OpinionBack to Top

EDITORIAL: A last chance for City Market

We like the changes afoot at City Market. But if the latest attempt to reposition it doesn’t work, the city should consider mothballing the beloved old building until its surroundings become a benefit rather than a liability.

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MAURER: Have patience with profits

To create a disciplined investment philosophy, I evolved “The Ten Essential Principles of Entrepreneurship You Didn’t Learn in School.”—Over the course of 10 columns, I will feature each of these essential principles. This is the eighth installment.

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MARCUS: Only tell the good news; why excite people?

You have to love them—the professional spinners, public and private. These are not the public relations people who work for large companies and government agencies. No. These are the corporate leaders and the public officials who listen to the PR people.

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Time for townships has passed

I am in agreement with the IBJ position [stated in the Oct. 25 editorial]. It is time to abolish townships and shift their revenue and responsibilities to their respective counties.

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In BriefBack to Top

Employee ire forces IU to pull wellness survey

Indiana University will no longer ask employees to fill out an online health risk assessment after more than 550 people—many anonymous—attached names to an online petition that said the plan would cause “widespread anger and disillusionment.”

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PROXY CORNER: The Finish Line Inc.

The Finish Line Inc., 3308 N. Mitthoeffer Road, Indianapolis,, is a specialty retailer of brand-name athletic and leisure footwear, activewear and accessories.

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