OCTOBER 12-18, 2009
This week, find out what's on Dr. Robin Ledyard's agenda now that she has taken over as president of Community Hospital East. Also, get the story behind the Kroger ads that are grabbing eyesand raising eyebrows. Wondering what public art is on the drawing board now that kinetic George Rickey scultpures that adorned downtown this summer are gone? Maybe nothing. And in A&E etc., Lou Harry and his able assistant provide some guidance for film fans in advance of this year's Heartland Film Festival.
Front PageBack to Top
With a national unemployment rate of nearly 10 percent eroding its customer base, WellPoint Inc. is cutting at least 30
middle-management employees and reshuffling its corporate organization, according to internal memos obtained by IBJ.
The cash-strapped Indianapolis Airport Authority suddenly can’t look soon enough at developing some of its vast real
estate holdings, including the city’s former passenger terminal. This month, it plans to conduct final contract
negotiations with a firm that would study reuse of the old terminal, adjacent land and other airport holdings.
Transactions cited in the complaint involved advisers scattered across the firm’s seven Indiana offices, though two-thirds
were clients of Jeff Cohen.
Top StoriesBack to Top
A troubled low-income housing project has a new owner with plans to redevelop the complex to better
connect with the Herron Morton Place neighborhood. Next door, Kroger has revived efforts to acquire
land and plan a new supermarket to replace a cramped, old-format location.
The museum finally has a brand—it bills itself as a “center for science
and culture”—but don’t expect a splashy campaign.
One year after emblazoning its name on the Indianapolis Colts’ mammoth new home, Lucas Oil Products Inc. has leveraged
that sponsorship into a pact with Jiffy Lube that company founder Forrest Lucas thinks will score huge profits for his company.
A new eye-grabbing advertising design in The Indianapolis Star has some wondering where ad content stops and news
The company, which guides working adults and their parents through the maze of decisions and agencies involved in care for seniors, plans to use the money primarily to augment its sales staff and operations.Read More
The organizations that spearheaded the city’s public art campaign are crippled for a lack of funding. While other public
art efforts are under way in Indianapolis, no one organization has the money to commission an exhibit large enough to fill
The business park would encompass about 900 acres on the town’s northeast side and require rezoning
of much of the land, from residential and agriculture to commercial.
Industrial real estate in Indianapolis hasn’t escaped a bumpy ride caused by the recession, but it has managed to
withstand turbulence better than the office and retail sectors.
FocusBack to Top
BioCrossroads, an Indianapolis-based not-for-profit, is cataloging Indiana businesses offering contract services to pharmaceutical
and biotechnology companies, and discovering many small firms operating in relative obscurity.
Dow AgroSciences’ introduction of a promising new product is helping transform the Indianapolis company as it transitions
from a focus on traditional agricultural chemicals to genetically altered seeds. The subsidiary of Michigan-based Dow Chemical
Co. partnered with St. Louis-based Monsanto Co. to develop what could become its biggest blockbuster, a genetically modified
corn variety it calls SmartStax.
OpinionBack to Top
Running a professional sports franchise isn’t just a dollars-and-cents proposition.
It also requires heart. And that’s what the Fever have in abundance, from ownership to management to the players on
An ordinance that would ban smoking in enclosed spaces where it’s still allowed—primarily bars and bowling alleys—is
once again being considered by the City-County Council. And again we urge councilors to adopt the measure.
The Hoosier State Press Association, a trade group representing 175 paid-circulation Hoosier newspapers, including
IBJ, has launched a campaign designed to remind the public of the important role newspapers play in our democracy.
So this week, I’m ceding my space to David Stamps, executive director of the HSPA
it be refreshing if we focused on a different way of looking at the recession? What if we talked in
real terms about how much we lost in work days or goods and services?
The recent slump in the domestic auto industry reminds us of the importance of innovation and creating something that will
be attractive to the consumer tomorrow. Companies that don’t foresee and adapt to the changing needs of their consumers
Employees often react badly to, as they see it, being followed around. There are even privacy laws to consider.Read More
So, the problem isn’t necessarily a big spike in job losses, but in much lower job-creation numbers.Read More
The two largest stock market crashes occurred in October.Read More
Sometimes I agree with Morton Marcus’ opinions and sometimes I don’t, but I was incredulous when I read his
“Let’s help keep legislators in check” in the [Sept. 28] IBJ.
I can appreciate, but heartily disagree, with the arguments [Bill Benner] advanced [in his Oct. 5 column] that Chicago
getting the 2012 Olympics would have benefited Indianapolis.
I read the [Sept. 21 viewpoint] “Learn to say no at work” with disbelief that this is among the best advice
that can be given, when companies are now being required to do more with less.
[In response to Bill Benner’s Oct. 5 column] You can cross off your list watching basketball at the Berry Bowl. A new school was built in Logansport in the early ’70s
and the old school, including the wonderful Berry Bowl, was torn down.
I encourage businesspeople—well,
everyone, really—to volunteer in and visit our schools, if for no other reason than to expose kids to the professional
world and let the kids see that the professional world cares.
In BriefBack to Top
It’s been a year since Republican Mayor Greg Ballard launched the City’s Office of Sustainability. On Oct. 6,
Ballard and his sustainability director, Karen Haley, outlined accomplishments in the first year.
The health reform bill sponsored by U.S. Sen. Max Baucus, D-Mont., would help pay for expanded health insurance coverage
by levying fees of $13 billion a year on the health care industry. The fees would deliver a hefty bill to just
about all of Indiana’s major health care companies. But how they’re reacting to the fees is all over the map.
The Leon Jett Minority Family Admission Fund has raised money to allow admissions at the Eiteljorg Museum
of American Indians and Western Art for families enrolled in Hoosier Works or Hoosier Healthwise.
The Mooresville-based company that owns John Dillinger’s publicity rights has made an “offer” of sorts
that the Godfather can’t refuse.
United Way of Central Indiana will expand its program for improving church-based child care to its six-county region with
a $1 million economic stimulus grant from the Indiana Family and Social Service Administration’s Bureau of Child Care.
Flanner House of Indianapolis Inc.’s mission is to support the community on the near northwest side of Indianapolis
by providing early childhood education, senior services, employment and social services programs.