SCHOETTLE: Despite doubters, Colts’ Irsay thriving as HR manager
Good hires help franchise steer clear of the kind of drama rocking the Miami Dolphins.
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Buyer of Illinois Building envisions conversion into upscale hotel
A high-profile local developer has bought the Illinois Building and is considering offers to convert the downtown landmark into a boutique hotel that could be the city’s first five-star lodge.
City designs new strategy to combat panhandling
A bipartisan group of city-county councilors is considering an ordinance that would increase panhandling restrictions, including barring panhandling and street performances within 50 feet of any area where any financial transaction is made.
Indiana-born coat-checking firm gains steam after ‘Shark Tank’ appearance
Derek Pacqué, who started CoatChex in 2010, appeared a year ago on the ABC show in which entrepreneurs pitch their ideas to prominent investors. Billionaire Mark Cuban offered to invest but wanted a large ownership stake. Pacqué said no, and has since grown his company.
But really, he said, the company is doing just fine without the billionaire.
Obamacare has many health care insurers worried
The messy rollout of the insurance exchanges has made it hard for carriers to figure out what business will be like in 2014.
Study: Downtown can sustain huge apartment boom
About 3,500 rental units are expected to be built downtown by 2017, adding to 4,700 already on the market. But the analysis says there’s no need to worry about overbuilding.
Hospitals suffer third-quarter swoon
Indiana University Health and Franciscan Alliance saw key parts of their businesses deteriorate sharply, according to new financial reports released by the hospital systems, causing each to slash more than 900 positions.
Police raid El Rodeo restaurants in several counties
The Marion County Prosecutor’s office led a multicounty police raid at lunchtime Monday that closed numerous eateries in the El Rodeo Mexican Restaurant chain.
Super Bowl volunteers to get paid
Indianapolis utilized 8,500 volunteers to host the 2012 Super Bowl. Not one of them got a penny for their time and effort. That might not be the case if Indianapolis wins its bid to host the Super Bowl in 2018 or any other year.
Biosciences institute hits $25M fundraising goal
The proposed Indiana Biosciences Research Institute, backed by Eli Lilly, Roche Diagnostics and other life sciences companies, now has $50 million in start-up funds and has started recruiting a CEO.
New Eskenazi hospital offers heavy dose of artwork
At 1.3 million square feet, the new hospital has plenty of room to display art, most of which was purchased with contributions from donors. The hospital is set to open Dec. 7.
Law firm Taft to merge with Chicago practice
Taft Stettinius & Hollister LLP, which includes about 100 attorneys in Indianapolis, expects the merged firm to bill in the range of $175 million to $200 million annually.
Food company delays plans for $28M Indiana plant
Sugar Creek Packing Co. officials say the delay is needed because of changes in construction plans for a sewage-treatment plant at the former Really Cool Foods plant near Cambridge City.
Colts to remain with Jim Irsay after divorce
Jim and Meg Irsay announced on Thursday that they had mutually agreed to end their 33-year marriage, and that Jim would maintain 100-percent ownership of the Indianapolis Colts, estimated to be worth $1.2 billion.
Suburban Indy hospitals see health care reform as ally
For years, the county-owned hospitals ringing Indianapolis have watched warily as the city’s four major hospital systems used their superior size and resources to push ever outward into the suburbs.
EDITORIAL: Panhandling deal should be OK’d
The City-County Council would be well advised to adopt panhandling-ordinance changes passed Nov. 19 by the Rules and Public Policy Committee.
UnitedHealthcare pulls back from niche
Come January, UnitedHealthcare, the second-largest health insurer in Indiana, will have no major-medical policies to sell to individual Hoosier customers.
Avon firm enters competitive video game industry to promote reading
An Indianapolis firm that makes software for libraries has teamed with an elementary schoolteacher to improve kids’ reading skills by using books’ longtime nemesis—video games.