Once recruited for a high-level management position at a major soft drink company, John Kerns is now the recruiter, searching for presidents, vice presidents and directors for a number of Fortune 500 fi rms. But with the economy nosediving and companies laying off workers by the hundreds and thousands, Kerns calls this the most difficult […]
Indiana Gov. Mitch Daniels has appointed former Internal Revenue Service chief Mark W. Everson to head up the state’s Department of Administration, replacing Commissioner Carrie Henderson. Henderson, the department’s commissioner since mid-2006, will move to the state’s Family and Social Services Administration to become director for compliance. The appointments were announced this afternoon. Everson, 54, […]
When Indiana University President Michael McRobbie and Purdue University counterpart France Córdova announced their Indiana Innovation Alliance in June, the leaders promised the pact would bring unprecedented cooperation between the state’s top research institutions. They’d share research facilities and capabilities with each other and with bioscience companies that covet access to a mass spectrometer or […]
Prevent Blindness Indiana thanks IBJ for publishing the annual Holiday Wish List.
Anthem Blue Cross and Blue Shield’s growing market dominance in Indiana is sparking a backlash from doctors who plan to push
a bill this year in the Indiana General Assembly that would allow physicians to reject patients covered by massive health
insurer.
Property tax abatements granted by the city of Indianapolis last year should help create more jobs than in each of the previous three years. Numbers released by the city for 2008 show companies receiving abatements committed to 2,423 new jobs. Among the projects: – AIT Laboratories plans to create more than 130 jobs in the […]
The flow of life sciences venture capital tailed off in Indiana last year compared with 2007, but the state still attracted twice as many dollars as in 2006. Hoosier life sciences firms pulled in a combined $75.4 million in venture capital last year, according to data compiled by BioEnterprise, a Cleveland-based life sciences development group, […]
A federal bailout for automakers Chrysler and General Motors won’t fix their problems. I think a bankruptcy of these companies is nearly inevitable.
It might also spell the demise of the UAW.
Many of Indiana’s banks jumped at the chance to apply for a share of the federal government’s capital-infusion program, and
ones that win approval likely will accept the funds designed to shore up still-healthy financial institutions.
In order to comply with stricter rules from the Internal Revenue Service, schools and other not-for-profits are making changes
and consolidations to retirement plans, creating growth opportunities for companies like Indianapolis-based American United
Life Insurance Co.
Indianapolis-based Golden Rule Insurance Co. has launched a plan aimed at people who move in and out of jobs that don’t offer
health insurance.
Kite Realty Group Trust has joined local peers Duke Realty Corp. and Lauth Group Inc. in laying off employees as it copes
with dried-up credit and a soft retail market.
Dane Hudson continues an acquisition binge aimed at making Arthur J. Gallagher & Co. a stronger health benefits broker in
the Indianapolis market.
Dr. Judith Monroe, Dr. Virginia Caine and G. Marie Swanson are three local women who have risen to leadership positions
in the health care community.
The state’s Dec. 1 takeover of Medical Savings Insurance Co. marks the formal crumbling of J. Patrick Rooney’s network of
health care reform efforts.
With a $10,000 gift from the BKD Foundation, Damar will establish the BKD Dream Fund and award small grants to families for things like a vacation to Disney World or a fishing trip to Michigan.
Partners of the Indianapolis law firm of Locke Reynolds LLP late yesterday approved a merger with Frost Brown Todd LLC, a larger firm based in Louisville. The deal will be effective Jan. 5, said Locke Reynolds partner Jim Dimos, emphasizing the merger will allow the firm to better serve its clients. “We identified 10 regional […]
Shepherd Community Inc., a Christian-based organization serving the near-east side, is pulling other charities into its fold
at a pace not often seen in the local not-for-profit sector.
The health insurance industry — hurt by falling profits and threatened by Democratic reform bills — could see
another wave of
consolidation, and that may well involve Indianapolis-based WellPoint Inc.
Dr. Francis Price Jr. has brought hundreds of eye surgeons to Indianapolis to train them in how to use
a new cornea transplant technique that has swept the ophthalmology field—DSEK, which stands
for Descemet’s stripping endothelial keratoplasty.
