OCTOBER 14-20, 2013
You didn't need to be a professional prognosticator to see this coming: Ratings for newscasts on WTHR-TV Channel 13 have surged since meteorologist Angela Buchman debuted, following her exit from competitor WISH-TV Channel 8 last year. IBJ's Chris O'Malley reports that numbers are very persuasive, as ratings for all of 13's evening newscasts have soared by double digits. Also in this issue, Anthony Schoettle reports that the Indiana Pacers are the first team in the NBA to score a deal for advertising on its court (outside of naming-rights sponsors). And in Focus, Jeff Newman has new details on the proposed Market Square Tower, which could be the first major addition to Indy's east-side skyline in decades.
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Ratings surge after Buchman arrives at WTHR
The debut of popular meteorologist Angela Buchman at WTHR-TV Channel 13 last month coincides with its newscast ratings' soaring like a cumulonimbus cloud on a hot afternoon.
Read MoreCould airport gambling idea take off?
Two gambling-industry lawyers see untapped potential in Indianapolis International Airport, which they argue is the ideal place to roll out wireless gambling technology and rake in revenue to support more nonstop flights, like the one United Airlines will launch in January to San Francisco.
Read MorePacers land IEDC as court sponsor
The Indiana Pacers have brokered a deal with an unusual sponsor—the Indiana Economic Development Corp.—to become the first of 30 National Basketball Association teams to sell courtside ads emblazoned on the hardwood.
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Buckingham Cos. nabs downtown Zionsville site
The prolific developer behind Indianapolis’ $155 million CityWay project is working on a plan to transform a key parcel in the heart of downtown Zionsville.
Read MoreInvestors brace for lean years from Lilly
In a new round of predictions this month, Wall Street analysts indicated they expect Eli Lilly and Co.’s revenue to fall next year and to remain below 2013 levels until 2020.
Read MoreCity officials aim to build on momentum for cycling
Indianapolis has become a more bike-friendly city, and city planners are looking to ensure the progress continues. The Metropolitan Development Commission will vote Oct. 16 on a bicycle master plan that lays out a host of educational and policy initiatives to encourage two-wheeled transportation.
Read MoreAfter stock zooms up, Internet bank aims higher
Shares of First Internet Bancorp have more than doubled since December, when founder and CEO David Becker boosted the visibility of the stock by announcing it was shifting from the over-the-counter market to NASDAQ.
Read MorePrivate equity investor CID seeking $150 million
CID Capital hopes to raise $150 million for its latest private equity fund in a market that has been tough on similar funds.
Read MoreLilly scientists stole $55 million in trade secrets, indictment alleges
Three former employees of Eli Lilly and Co. allegedly transferred trade secrets that Lilly values at more than $55 million to a competing Chinese drug company, according to an indictment unsealed Tuesday in federal court.
Read MoreIndianapolis named finalist for 2018 Super Bowl
Indy joins Minneapolis and New Orleans as the three NFL cities invited to bid on the big game. The 2012 Super Bowl had a $176 million direct economic impact on the city, a study said.
Read MoreFocusBack to Top
Tower would be first big addition to east side of Indianapolis in decades
The proposed Market Square Tower—if it’s built as planned at 28 stories and 370 feet—will be one of the 10 tallest buildings in Indianapolis.
Read MoreSouth-side Indianapolis bottlenecks to get $40m upgrade
New lanes, flyover expected to ease congestion at interstates 65 and 465.
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EDITORIAL: Pitch Indianapolis to Asian immigrants
Eli Lilly and Co., Cummins and other Indianapolis-area companies could use a little help attracting some of the immigration streaming out of Asia.
Read MoreMAURER: Leonard Fromm is gone, but his wisdom remains
Former law professor’s influence on students lasted long after they got their degrees.
Read MoreHENDERSON: Why businesses should make Makers
Over beers and dinners, I hear complaints that innovation is dead in the United States, and that most of the “real” innovation comes from southeast Asia, and the university skunk works of Western and Northern Europe.
Read MoreRUSTHOVEN: This buck stops with Obama
It’s possible that when this is published, President Obama and House Speaker Boehner will have worked out an end to the government shutdown and debt ceiling crises. I’m betting no. For now, the president doesn’t want to, because he thinks it’s hurting the GOP.
Read MoreKim: Rising confidence should lift stocks and economy
The primary impact of confidence on the economy is simple. If people think the economic future will be good, they’ll spend and invest. Thus, things will be good.
Read MoreHicks: Welcome this debate, even if it ain’t pretty
Voters’ expressing only anger and frustration over D.C. politics simply won’t do. It is intellectually lazy, cowardly and un-American to wish that everyone should settle their argument like this is a school playground.
Read MoreAdvanced Placement worth the money
The [Sept. 28] article “State Spending More in AP Testing for High-Schoolers, but Failure Rate is Rising” implies supporting the Advanced Placement fees might not be worth the investment. This is not the case, and I urge our legislators to continue supporting this expense.
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Pence appointments bring lottery commission to full strength
Luke Bosso, a Republican, and Debra Kunce, a Democrat, will join the five-member board.
Read MoreExactTarget lauded for Facebook software
The Indianapolis-based digital marketer developed a program called Active Audiences, which lets companies better tailor advertisements to individual customers as they scroll around the social network.
Read MoreClinic operator Novia to be purchased by Wisconsin firm
Indianapolis-based Novia CareClinics LLC was a pioneer in operating primary care clinics for employers. In 2012, Novia had 175 employees and more than $15 million in revenue.
Read MorePROXY CORNER: Calumet Specialty Products Partners LP
Calumet Specialty Products Partners LP processes crude oil into a variety of customized lubricating oils, solvents and waxes, as well as into gasoline, diesel and jet fuel.
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