Surveillance trailblazer Exacq Technologies touts big clients, rapid growth
Clever adaptation of new technology has helped propel Exacq Technologies’ dizzying 1,624-percent growth rate in the last three years.
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Indiana lawmakers push for Internet taxes
A bipartisan duo of state lawmakers wants Congress to allow states to collect sales taxes on Internet purchases, a move they say could bring hundreds of millions of dollars to cash-strapped Indiana.
SKARBECK: Expect more battles over public pensions
This year, 15 states have enacted legislation to reduce future public pension obligations.
State entrepreneurship drags despite wealth of resources
What does Indiana have to show for the deluge of resources made available to would-be entrepreneurs in recent years—venture capital, angel investors, incubators and the like? Judging by the number of people taking the plunge into business ownership, not as much as might be expected.
Insurance seller chases music dreams with jazz label
Al Hall started Owl Studios in 2005 to promote local musicians and has expanded its roster of performers to 16.
Conrad hotel’s Spa Chakra closes abruptly
Conrad General Manager Greg Tinsley says the hotel plans to reopen the high-end spa by Oct. 1, after receiving
notification Friday that it had closed.Life sciences panel pegs bright spots in Indiana
Leaders tackle issues ranging from research to cold storage to the future of Eli Lilly and Co.
Upstart automaker Bright faces tough road in competitive niche
Two years after Bright Automotive was founded, the prospect of thousands of Indiana factory workers cranking out Bright’s
100-mile-per-gallon “IDEA” delivery vans by 2012 seems dim.Diagnostics division to help Lilly tailor treatments
Eli Lilly and Co. is launching a diagnostics division to produce tests that can winnow out the patients most likely to benefit
from a Lilly drug.HAUKE: A long market slump would defy history
While the stock market is not as easy to follow as watching a calendar, it leaves evidence as to what it is going to do next,
much like falling leaves warn you about the coming of winter.Braly’s political skirmishes hurting insurer, critics say
When WellPoint Inc. named Angela Braly its CEO three years ago, it touted her experience dealing with politicians and government
regulators. But WellPoint is now the poster child for health insurer bad behavior—credited in Washington with reviving a
dead health reform bill the company opposed.City takes risk with debt-laden IT-overhaul pick
To spearhead a once-in-a-generation overhaul of local government’s antiquated back-office computer system, Mayor Greg Ballard
has chosen an unprofitable software firm that as recently as March 31 warned investors that debt-refinancing issues could
force it out of business.Ballard bets big on $16 million software project
Concluding a year-long evaluation and public bidding process, mayor chooses Oracle’s PeopleSoft to replace local government’s
1970s-era financial IT system and New York-based Zanett Inc. to lead the implementation.Obama gives states $250 million to review insurance premiums
WellPoint may face the most threat from more aggressive reviews. The Indianapolis insurer is the leader in small-business
and individual policies, areas that have seen the biggest increases in recent years.Soft Landing: Pay slipped for most execs in 2009, but cuts weren’t deep
Top executives at Indiana's public companies have largely been insulated from the economic crash. IBJ's
review of executive pay found that, although 131 of the 238 executives listed in proxy statements the past two years saw annual
compensation fall in 2009, only 10 experienced cuts of more than $1 million.Arcadia Resources says it will add 930 jobs
Executives of the health care services provider will be joined by Gov. Mitch Daniels and Mayor Greg Ballard for a Thursday
morning announcement at the company's headquarters.Lilly, others cut U.S. tax bills through transfer pricing
U.S. companies, including Eli Lilly, amassed at least $1 trillion in foreign profits not taxed in the U.S. as of the end of
last year. That cumulative total increased 70 percent over three years.Coffee sales give Christel House a boost
Indianapolis-based Christel House is brokering sales of in-room coffee to resorts around the country, taking a 10-percent
royalty to do so. The coffee is roasted by Indianapolis-based Copper Moon Coffee Co. and packaged in red and green bags decorated
with drawings by students at Christel House’s schools.Anderson tech firm One Number files patent suit against Google
An Anderson firm that provides a “one number” service that rings all of a client’s phones has filed suit
against Web giant Google, alleging Google Voice infringes on two of its patents.GIGERICH: Happiness is factor in location choices
State-by-state comparisons ranking residents’ satisfaction levels are gaining traction in economic development circles. While rankings do not drive site-selection decisions, they do play a role.