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Articles

Fellowship’s formula could grow teachers: Indiana piloting program aimed at boosting math, science educators

January 14, 2008

Four Indiana universities have been chosen to participate in a prestigious new national fellowship program aimed at increasing the number of math and science teachers while serving as the pilot program for overhauling education nationwide. The Woodrow Wilson National Fellowship Foundation, of Princeton, N.J., selected Indiana as the first state for its program. It chose IUPUI, Ball State University, University of Indianapolis and Purdue University to launch the one-year fellowships and churn out the first wave of new teachers. The…

NY Times job helps ACS Sign gain attention

January 14, 2008

ACS Sign System’s unusual approach to sign-making–some are not strictly signs at all–has helped the company grow its revenue
and expand its footprint beyond Indiana. In recent years, sales outside its home state have grown from 20 percent of total
revenue to almost half.

INVESTING: Bond insurers pummeled for straying into risky area

January 14, 2008

As Wall Street continues to record multibillion-dollar losses for its debt-market indiscretions, another industry that for years earned steady returns from the credit markets is sitting on the doorstep of implosion. For decades, bond insurers operated the relatively mundane business of insuring, and thereby guaranteeing, the timely payment of principal and interest on municipal bonds issued by various government and other entities. In recent years, the bond insurers strayed from their core business model and underwrote insurance on the new…

Colts land Meijer as stadium sponsor

January 14, 2008

A day after losing to San Diego in the National Football League playoffs, the Indianapolis Colts scored a victory off the field. The Colts announced another sponsorship deal for Lucas Oil Stadium – this time with retail chain Meijer. Grand Rapids, Mich.-based Meijer has signed as a founding partner for the new stadium, set to […]

Long Thompson backs I-69 extension

January 16, 2008

Governor hopeful Jill Long Thompson told a group in Bloomington yesterday that she supports the Interstate 69 extension from Indianapolis to Evansville. The former congresswoman is running to become the Democratic nominee to face Indiana Gov. Mitch Daniels in the general election this fall. She said the extension is needed to link Evansville to Indianapolis, […]

Permanent Opie piece coming to downtown

January 18, 2008

Good news for fans of Julian Opie’s pop-art-inspired exhibit that ended a year-long run on city streets in September-Indianapolis is getting a permanent piece by the London artist to add to its growing public art collection. The work created for Indianapolis is called “Ann Dancing.” It’s reminiscent of the four-sided LCD display dubbed “Sara Dancing” […]

Spotlight on Hamilton County

January 21, 2008

Spotlight on Hamilton County Named for Alexander Hamilton, a member of the Continental Congress and a framer of the U.S. Constitution 5 LARGEST CITIES/TOWNS population Fishers ………………………………………61,840 Carmel ………………………………………60,570 Noblesville ………………………………….40,115 Westfield ……………………………………13,444 Cicero …………………………………………4,400 5 LARGEST EMPLOYERS employees Sallie Mae…………………………………….2,300 Conseco Inc. …………………………………2,300 Marsh Supermarkets Inc………………….1,650 Resort Condominiums International ….1,200 EDS Corp. …………………………………….1,200 COUNTY […]

MORGAN COUNTY

January 21, 2008

MORGAN COUNTY Martinsville loses restaurant The first restaurant to open in Martinsville’s massive Wal-Mart-anchored Grand Valley retail center has closed. Damon’s Grill, which opened in 2001, had been struggling for years. Franchise owner Bennet Ackerman bought the restaurant in 2007 and has been losing money ever since. Ackerman owned three Damon’s locations and has closed […]

The Corydon Group LLC: Reputations help lobbyists build business Shared passion for government led golf buddies to partnership

January 21, 2008

When Chris Gibson and Mike Leppert headed for the golf course in the late 1990s, it was strictly business. Walking from tee to tee, the men talked about lobbying, the law and regulatory agencies. After 18 months of playing 18 holes, they decided to form The Corydon Group, a government relations firm founded in 2000 in Indianapolis. The firm monitors bills and amendments proposed in the Indiana General Assembly, prepares reports on key legislation, attends meetings and hearings, and lobbies…

IU takes statewide approach to life sciences pitch

January 21, 2008

For the last two months, two academics at Indiana University and Purdue University have been discussing how the institutions
can work together to rev up research in medicine and life sciences and, in the process, boost Indiana’s economy.

Opie piece making a permanent home on Mass Ave: More businesses are playing a supporting role in burgeoning public art scene

January 21, 2008

Good news for fans of Julian Opie’s pop-art-inspired exhibit that ended a year-long run on city streets in September-Indianapolis is getting a permanent piece by the London artist to add to its growing public art collection. The work created for Indianapolis is called “Ann Dancing.” It’s reminiscent of the four-sided LCD display dubbed “Sara Dancing” that made its home at the northwest corner of Illinois and Maryland streets. But this female stick figure has a bit more juice in her…

Sports tenants ponder vacating Pan Am Plaza: Four national governing bodies could share office

January 21, 2008

The Pan Am Plaza building, constructed to provide office space for amateur sports organizations, may soon be losing three of its highest-profile tenants. USA Gymnastics, USA Diving and U.S. Synchronized Swimming are contemplating moving out of the building at 201 S. Capitol Ave., sources close to the organizations said. A fourth group, USA Track & Field, which is preparing to move from the RCA Dome, is considering joining the other three sports-governing bodies in shared office space-preferably downtown. USATF will…

Local tech leaders speaking today at IU

January 22, 2008

A pair of local high-tech heavyweights are scheduled to speak today at Indiana University’s Kelley School of Business. Bob Laikin, CEO of Plainfield-based wireless device distributor Brightpoint Inc., will visit the Johnson Center for Entrepreneurship and Innovation in Bloomington as a distinguished entrepreneur-in-residence. Laikin will speak at a faculty lunch, then spend the afternoon visiting […]

Roche to buy Ventana Medical for $3.4B

January 22, 2008

Roche has successfully turned a hostile takeover bid into a friendly one, winning over the board of Ventana Medical Systems Inc. by hiking the price it would pay by 19 percent. Swiss-based Roche, which operates its North American diagnostic division out of Indianapolis, would pay $3.4 billion under a merger agreement signed by the boards […]

UPDATE: Investors sell WellPoint shares

January 23, 2008

Shares of WellPoint Inc. fell 4.7 percent this morning after the Indianapolis health insurer announced strong fourth-quarter financial performance but also said it failed to attract as many new customers as it expected. The stock was trading near $75 after closing yesterday at $78.75. The Indianapolis-based health insurer added 708,000 customers in 2007, missing its […]

Busy year, no whoppers: Deals were numerous in 2007, but lack of blockbuster holds overall price tag down

January 28, 2008

The Indianapolis area didn’t experience a monster-size business transaction in 2007 like it has in recent years, but that doesn’t mean the deal-makers weren’t busy. IBJ’s annual list of Big Deals tracked more large business transactions involving Indianapolis-area companies than ever before in 2007, even though the total dollar amount of the deals was dramatically lower than the previous year’s. Deals compiled by the Indianapolis Business Journal that closed in 2007 totaled $23.4 billion, well below the $38.5 billion posted…

Pacers falls into last place in NBA home attendance

January 28, 2008

The Indiana Pacers
have hit rock bottom. This month, the team slipped into last place in average home attendance among the 30 National Basketball
Association teams, falling behind the New Orleans Hornets, a team that is selling tickets in an area still ravaged by Hurricane
Katrina.

Firm that sells sunglasses for large heads lands Wal-Mart deal

January 28, 2008

In March 2006, USA Today picked up a local newspaper’s profile of Indianapolis-based Fatheadz Inc., the company Rico Elmore
and two partners founded in 2005 to sell eyeglass frames for larger heads. That eventually led to the company’s big break:
A Wal-Mart Stores Inc. executive read the article and ordered buyers to track down Fatheadz to make a deal.

Lawmaker wants car owners to be aware of data recorders

January 28, 2008

The “event data recorder,” a so-called black box car makers have installed in their cars over the last decade and a half as
part of air-bag systems, can be a double-edged sword for motorists. Yet they likely don’t even know it’s spying from under
their seat or dashboard.

Super Bowl bid strengthens

January 28, 2008

The winds of optimism are blowing toward Indianapolis when it comes to hosting the 2012 Super Bowl.

New Indianapolis Mayor Greg Ballard this week plans to announce that Central Indiana Corporate Partnership CEO Mark Miles will lead an effort to study…

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