So-called carbon capture and sequestration, or CCS, is seen by some in the utility business as a potential salvation for coal.
But utilities may face a damned-if-you-do, damned-if-you don’t scenario.
Clarian Health is planning to build a bed tower at Methodist Hospital in a massive project that shows renewed
commitment
to the downtown campus. The tower would have 175 to 250 beds and allow Methodist to make all its rooms private.
Indianapolis-based WellPoint “reclassified” more than half a billion dollars of administrative expenses as medical
expenses when it was defining its medical-loss ratio, according to a report released by U.S. Senator Jay Rockefeller’s
office.
Simon Property Group upped its offer for rival General Growth Properties Inc., pledging to invest $2.5 billion in a reorganization
and match the terms of a bankruptcy exit plan led by Brookfield Asset Management Inc.
Jim Parker was an executive at Anthem Blue Cross and Blue Shield and WellPoint for 14 years, including a year and a half as
chief of staff to CEO Angela Braly. He now is president of his own consulting firm, Meridian Strategic Advisors, in Indianapolis.
He spoke about the impact of the new health reform law on health insurers.
Phil the Void presents “Evening Banana,” April 16-17, IndyFringe Theatre. Details here.
Indiana University Theatre presents Stephen Sondheim’s “A Little Night Music,” April 16-24
at the Ruth N. Halls Theatre, Bloomington. Details here.
Encore Vocal Arts presents “Flight of the Spirit,” featuring the Zionsville Community High School
Chamber Choir and AirKISS aerial dance, April 17 at the Zionsville Performing Arts Center. Details here.
Indianapolis Symphony Orchestra joins with student musicians for its annual Side-by-Side Concert, April
21 at Hilbert Circle Theatre. Details here.
The Carmel Arts 7 Design District Gallery Association presents Art in Bloom Gallery Walk, April 17 in downtown
Carmel. Details here.
Butler Ballet presents “Swan Lake,” with music by the Butler Symphony Orchestra, April 16-18
at Clowes Hall. Details here.
The American Pianists Association presents Nobuyuki Tsujii, April 18 at the Indiana History Center. Details
here.
The IU School of Liberal Arts at IUPUI presents poet and National Book Critics Circle Award winner Edward Hirsch,
April 21 at IUPUI University Library. Details here.
The idea of Butler University joining the Big Ten once seemed laughable. But so did coming within a basket of beating Duke
for the NCAA hoops title. Finances and desire for growth could force the Bulldogs to consider leaping from the Horizon League.
Local not-for-profit wants annual $150,000 grant from the Capital Improvement Board restored to better market the Circle City
Classic.
Philanthropist Bill Cook will manage a $7 million restoration of the former Old Centrum building at
12th Street
and Central Avenue in Indianapolis, and the newly renamed Indiana Landmarks will move its headquarters there.
Despite a mammoth effort by city leaders, which included raising $25 million from the corporate community, Indianapolis lost
to Dallas the right to host the 2011 Super Bowl.
A U.S. mandate forcing insurers led by UnitedHealth Group Inc. and WellPoint Inc. to spend 85 percent of revenue from premiums
on medical care is the newest front in the battle between the Obama administration and companies over industry profits.
As IBJ reported last year, Houston-based American General Life Insurance Company is attempting to invalidate a $15
million policy it issued in January 2006 insuring the life of Germaine “Suzy” Tomlinson—Conseco Inc. co-founder
Stephen Hilbert’s mother-in-law—who died Sept. 28, 2008, at age 74.
Not-for-profit hopes to have $150,000 in annual funding restored, particularly now that it has taken on the additional duties
related to the Circle City Classic.
Historic Landmarks Foundation of Indiana is expected to announce Tuesday that it will move its headquarters to the Old Centrum
at 12th Street and Central Avenue in Indianapolis.
Part of the overall utility problem is that lack of government oversight and public policy vision has made Indianapolis one
of the highest-polluting and just plain ugliest cities in the Midwest.
A serial entrepreneur often thrives on getting a business going, making it a success, then selling it off by
taking the firm public, or selling it to private investors or to another firm. The business owner, by contrast, often remains in the same
place, doing the same thing year after year.
Praise for Brad Stevens, the Butler seniors, and more.
The Indianapolis Airport Authority board had heard the allegations that John Clark, their star candidate for airport CEO,
spent big on world travel while chief of the Jacksonville Aviation Authority. Now, the Florida state attorney is collecting
travel records there and information from Indianapolis about trips Clark made here for job interviews.
This year’s events delivered a return on investment far more powerful than the estimated economic impact.
Horizon League Commissioner Jon LeCrone is hopeful Butler University officials will not let their enthusiasm over the school’s
recent push to the NCAA Championship game run wild.
