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Articles

Rolls-Royce tax-incentives deal set for hearing

December 5, 2011

A plan to offer a 10-year tax abatement worth $23 million for Rolls-Royce Corp. to redevelop two plants on the west side and move thousands of office workers into downtown’s Faris campus is scheduled for an initial hearing Wednesday.

Brokers’ hopes dashed by feds

December 5, 2011

The Obama administration on Friday let stand an earlier rule that said brokers’ fees will have to count toward a 15-percent to 20-percent cap on administrative expenses placed on insurance plans by the 2010 health overhaul.

MyJibe’s purchase validates Orr fellowship program

December 1, 2011

A program to identify and cultivate entrepreneurs—the Orr Entrepreneurial Fellowship—just hit a milestone. Orr fellow Mike Langellier has sold his upstart MyJibe LLC, in what appears to be the first Orr fellow to create a tech firm and take it full circle to liquidation.

EDITORIAL: State can’t afford to lose online sales tax

December 1, 2011

The risk is that requiring online retailers to remit the sales tax will chase them away. We think the potential payoffs are worth taking the chance.

For Big Ten championship, even suites are for sale

December 1, 2011

Besides individual tickets, entire suites are being offered for as much as $28,000 on various online brokerage sites for the inaugural Big Ten championship football game.

Brightpoint ramping up repair services

November 30, 2011

Cell phone distributor views used market as lucrative.

Kokomo upshifting with Chrysler investment

November 30, 2011

City north of Indianapolis feels the power of $1.3 billion upgrade of equipment in automaker’s transmission plants.

Black Friday boosts car sales to best rate since ‘Clunkers’

November 30, 2011

U.S. consumers, who set records for retail purchases during Thanksgiving weekend, helped boost U.S. auto sales in November to what is likely to be their fastest pace in more than two years.

Brokers get hope on commissions

November 28, 2011

The National Association of Insurance Commissioners passed a resolution Nov. 22 that urges Congress and the Obama administration to exclude benefits brokers’ commissions from the new requirement that insurers spend only 15 percent to 20 percent of the premiums they collect on administration and profits.

Purdue courts Silicon Valley partnerships

November 23, 2011

The office, at NASA Ames Research Center, in Mountain View, Calif., aims to commercialize Purdue-developed technology through partnerships with private industry.

Cummins expanding R&D in South Carolina office

November 23, 2011

The manufacturer will invest $24 million over three years.

Foundation steps up plans to help teens in foster care

November 23, 2011

The Care for Kids Foundation, which has its roots in raising money for the former Children’s Guardian Home, will recruit its first class of 14-year-olds this summer for a four-year program called Opportunity Rox.

ExactTarget files for $100M IPO

November 23, 2011

The Indianapolis-based e-mail marketing company is aiming to tap a hot IPO market. Sixteen firms have gone public this month, including locally based Angie’s List.

FARGO: Falling behind on public access laws

November 22, 2011

The nation with the top score was Serbia, followed by Slovenia, India, El Salvador, Liberia, Croatia and Mexico.

Study: State loses millions annually in online sales taxes

November 22, 2011

The report from the Indiana Fiscal Policy Institute says the state loses $40 million to $114 million every year in sales tax revenue from sales to online retailers such as Amazon.

Lilly committed to China despite IP woes

November 21, 2011

Indianapolis-based Eli Lilly and Co. is one of several Western pharmaceutical firms that see China as a linchpin of growth in coming years, due to patent expirations and a slowdown in government reimbursements for prescription medicines in the U.S. and European markets.

Hendricks County ‘hotspot’ for package-liquor permits

November 21, 2011

Four package liquor permits in the county west of Indianapolis fetched a total of nearly $1 million, roughly a quarter of the $3.8 million the state netted during an auction of 279 new alcohol permits in Indiana.

Kinsey Institute gets archives of pioneering researchers

November 21, 2011

The William Masters and Virginia Johnson collection includes materials from the 1950s through the 1990s chronicling their sex research.

KENNEDY: Navigating Byzantine health care costs

November 17, 2011

How many times do we fill out patient forms with identical information? How many insurance claims must be completed in different formats by all those white-haired ladies in colorful smocks sitting behind the glass partitions in your doctor’s office?

Advice to techies: Focus like a laser

November 17, 2011

Focus on what you do best and get to know your partners’ strengths and weaknesses, Kevin Bailey, a co-founder of Slingshot SEO, told attendees of the TechPoint summit this month.

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