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Articles

City to announce Super Bowl point person

January 22, 2008

Indianapolis Mayor Greg Ballard this week plans to name a point person to head the city’s bid for the 2012 Super Bowl. Ballard spokeman Marcus Barlow said today the mayor’s office has moved forward and that other leaders are falling into place. John Lechleiter, who will become CEO of Eli Lilly and Co. in April, […]

Conrad manager says four-diamond award perfect fit for market

January 14, 2008

Almost two years after opening, the Conrad Indianapolis hasn’t received a Mobil Travel Guide review, and its four-diamond
AAA ranking puts it on par with five other Indianapolis hotels–most of which target conventioneers and business travelers.

Lottery vs. local ad firms

November 26, 2007

The Hoosier Lottery has rejected all bids for the creative part of its advertising account. Most of the
bidders were local, and the agencies involved are miffed that they were passed over.

In this weekendâ??s IBJ, reporter Anthony Schoettle…

Notre Dame included in usury lawsuit

November 26, 2007

A Boston-area developer has sued the University of Notre Dame and several other universities and foundations, claiming they violated a Massachusetts law that forbids charging interest rates greater than 20 percent. Notre Dame – along with Harvard, Yale and Princeton universities, among others – invested in Realty Financial Partners, an entity that made $16.7 million […]

Lottery director rejects all 6 bidders for lucrative ad account

November 26, 2007

In an unlucky turn for area ad agencies, Hoosier Lottery officials rebuffed all six bidders for the creative portion of its
advertising account. The rejection of all bidders is an unusual occurrence in the ad industry and it has never before happened
with the lottery account, one of the most lucrative, high-profile jobs in the state.

Lottery vs. local ad firms

November 26, 2007

The Hoosier Lottery has rejected all bids for the creative part of its advertising account. Most of the bidders were local, and the agencies involved are miffed that they were passed over.

In this weekend’s IBJ, reporter Anthony Schoettle quotes…

WellPoint held refunds too long, report says

November 7, 2007

The U.S. Department of Health and Human Services said today that Indianapolis-based WellPoint Inc. and several other providers of drug benefits kept overpayments too long. The companies, which also include Minnesota-based UnitedHealth Group and Humana Inc., headquartered in Louisville, Ky., should have more quickly refunded the $4.4 billion in overpayments, the department said. The figure […]

Design Build Institute hoping to spur flood of projects:

November 5, 2007

Public entities, like school districts and universities, are not known for being risk takers. Some even call them “risk averse.” So, those in the architectural and construction industries aren’t surprised that a state law passed two years ago allowing public entities to use the design-build process is only now taking hold. Design-build lets the owner hire one team to carry out both the design and construction of a project-unlike the traditional design-bid-build process in which the owner commissions architectural plans,…

Indy fights 20-plus cities for USA Basketball

October 25, 2007

More than 20 cities-including Indianapolis-are bidding for the USA Basketball headquarters and national training facilities, which have been located in Colorado Springs since 1979. The official announcement came today from officials of USA Basketball, the national governing body for men’s and women’s basketball in the U.S. Bids are due Dec. 20, with a decision set […]

City ready to launch bid for USA Basketball

October 22, 2007

Indianapolis is poised to launch a bid
to attract USA Basketball’s headquarters from its Colorado Springs home. The not-for-profit national governing body for men’s
and women’s basketball in the United States recently put out a request for proposals for a new headquarters city.

SPORTS: These are the most valuable players on our team

October 15, 2007

Colts quarterback Peyton Manning made news recently when Business Week ranked him 13th among the 100 most-powerful people in sports. Not to be outdone, or to let a good idea go unstolen, here’s my list of the 25 most- influential people in Indianapolis sports. Criteria: my opinion. No. 1: Indianapolis Motor Speedway owner Tony George. With three races (including next September’s Moto GP motorcycle debut) bringing in more than $700 million annually, IMS is the elephant in the room that…

Cross-country course launched downtown

September 26, 2007

Officials for the Indiana Invaders track and running club and the city of Indianapolis announced yesterday that a championship cross-country course and training venue will be developed along the banks of the White River downtown. Ground was broken this week on the project, which is being financially supported by locally based retailer The Finish Line, […]

Mayor says MSA ‘not a priority’

September 3, 2007

With the Nov. 6 mayoral election looming, Mayor Bart Peterson seems content to wait for a third term to choose who will redevelop
the Market Square Arena site. He’s willing to put off the opportunity to wipe past failures clean in large part because the
political climate has changed.

First Indiana Bank’s sale timing paid off

August 27, 2007

First Indiana Corp.’s announcement that it would be sold to Milwaukee-based Marshall & Ilsley Corp. for $529 million in cash
came just 17 days after sale discussions began. Banking observers have speculated for weeks that First Indiana acted fast
to cut a deal before it would have to report second-quarter results.

Power broker Miles calling shots again in city

August 20, 2007

In the less than two years since Mark Miles, 53, took over the CEO-driven Central Indiana Corporate Partnership in 2006, he’s
transformed it into an economic development powerhouse for life sciences, information technology and advanced manufacturing.
How so fast? He started networking with Indiana’s political heavyweights more than 30 years ago. And he never stopped.

Lawrence water, sewer operator files bankruptcy

August 8, 2007

Lawrence Utilities LLC, the private operator of the water and sewer system for the city of Lawrence, filed for Chapter 11 bankruptcy protection today. An attorney for the Lawrence-based utility, George Hopper, said the action was taken to protect the utility’s investment in the system and combat soaring legal bills stemming from its ongoing skirmish […]

City selling Martindale land

August 1, 2007

City officials are seeking bids to redevelop 7.5 acres northeast of downtown in the Martindale neighborhood. The property is the old Ertel Manufacturing plant at 2045 Dr. Andrew J. Brown Ave. The…

Report: Private group bids most for Allison Transmission

June 27, 2007

A private equity consortium of Carlyle Group and Onex Corp. has bid the most for Allison Transmission, according to the Financial Times, which quoted anonymous sources. Owner General Motors wouldn’t comment, but the newspaper said the Carlyle and Onex bid was awaiting approval from the United Auto Workers last week. The other bidders-a party that […]

STARTUP MOBIUS LABS: Software tester tries training, too

June 25, 2007

STARTUP MOBIUS LABS Software tester tries training, too Type of business: software testing Location: 9229 Delegates Row, Suite 290 Phone: 218-7709 E-mail: [email protected] Web site: www.mobiuslabs.com Founded: March 2007 Owner: Alan Wlasuk Owner’s background: Alan Wlasuk, 56, has a bachelor’s degree in math from Drexel University and a master’s in computer science from Ohio State University. About 20 years ago, the software developer founded two local enterprises for AT&T. Then 14 years ago, he created software-development firm Wlasuk, Delporte and…

D’Amico responds through lawyer to being snubbed

May 28, 2007

Carol D’Amico has been publicly silent since the board passed over her for president of Ivy Tech Community College in March.
But a letter her attorney dashed off a day after the vote says she deemed neither of the finalists for the job qualified and
the selection process ripe for a lawsuit.

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