the mood seems upbeat again at Marsh Supermarkets Inc., thanks to a chain-wide effort to upgrade stores and win back loyalty
from customers and employees. CEO Frank Lazaran said the chain has launched a campaign to remodel 70 percent of its grocery
stores within a year and rebrand every one of them.
BioCrossroads is exploring an unusual new strategy to boost the development of Indiana’s life sciences industry: Team up with
San Diego. Advocates say it’s a novel approach with enormous potential for Indiana.
Emmis Communications Corp. is turning to Google in its search for relief from a radio-industry slump. The local media company
is tapping the power of the popular Internet search engine to sell advertising for its Indianapolis and New York radio properties.
Four years after the Securities and Exchange Commission accused Harcharik of committing securities fraud at Brightpoint Inc.,
he finally has his day in court. A civil jury trial is scheduled to start May 21 in Manhattan. It could last as long as three
weeks.
Less than two years after being driven out of Adesa Inc. as unceremoniously as a Buick down its auction lanes, James Hallett
is back behind the wheel of the nation’s No. 2 wholesale vehicle-auction company.
As veteran financial planner John Cooke rehashes the highlights of his venerable career, it’s evident that nothing can top the experience of working with his two sons. Close behind, though, are the accolades he’s picked up along the way, including several mentions in various publications as one of the nation’s top advisers. The latest recognition comes from Barron’s magazine, in which Cooke is the only money manager in Indianapolis to make its list of the nation’s top 100 brokers. His…
The Indiana Economic Development Corp. did OK in the just-completed legislative session. IEDC received $96 million it can
now dole
out as business grants. And lawmakers had authorized tax credits worth millions more for the commercialization of new…
A redesigned state Web portal unveiled last month should make it easier for Hoosiers to plow through mounds of government minutia. But, more important, the revamping set to be finished in mid-2008 represents a major shift in state policy. By contracting with locally based ChaCha Search Inc.- tech entrepreneur Scott Jones’ new humanassisted Internet search engine-the state no longer relies solely on big, name-brand computer technology such as Microsoft. “We have somebody who is local and excited about taking the…
But Mark Montefiori wants to create a law school to train perhaps hundreds more lawyers each year. He plans to share
with potential investors his vision for The Abraham Clark School of Law, named after one of the lesser-known signers of the
Declaration of Independence, May 10 at the Indianapolis Marriott North.
A shrunken Thomson, the former manufacturer of RCA
televisions, is vacating a landmark office building at its Carmel headquarters to make way for St. Vincent Health, the parent
company of a growing chain of Indiana hospitals.
If you’re as smart as a fifth grader, you know that a proton is a basic particle in an atom’s nucleus that has a positive electrical charge. What might be less well known is that proton therapy is becoming the preferred treatment for certain types of tumors. But here’s the real stumper: The man leading a mission to build and operate a nationwide network of proton-therapy clinics is a Bloomington researcher whose startup received a $35 million cash infusion in…
Even with the U.S. auto industry under pressure and the North American manufacturing market experiencing relatively slow expansion, Indianapolis-based Hurco Cos. Inc. is on a tear. The maker of metal- and machine-cutting tools and software has stayed ahead of the curve by growing aggressively overseas while keeping a lid on expansion costs. That double feat is easier said than done, said Ananth Iyer, professor of operations management at Purdue University and director of the Dauch Center for the Management of…
The age-old concept of living above your workplace is catching on again in Indianapolis, just as the developers of Douglass
Pointe Lofts had hoped. The $2.65 million landmark at 25th and Delaware streets already will soon also be known for a diverse
roster of local businesses.
Eli Lilly and Co. is among 11 companies singled out by the mammoth California Public Employee Retirement System for “dismal stock performance” and poor corporate governance, according to Bloomberg. Lilly landed on Calpers’ annual “Focus List” for not allowing shareholders to amend company bylaws and by having tiers of board members that prevent the board […]
Members of the Red Hat Society get together monthly to celebrate life after 50, a demographic marketers often overlook. But
these women-and their spending habits-are attracting attention as the California-based club gains traction.
There are no longer any for-profit Blue Cross Blue Shield insurance plans for WellPoint Inc. to acquire as a means of growth.
State governments have effectively stopped those plans from converting to for-profits. That means new CEO Angela F. Braly
can’t keep WellPoint growing by gobbling up competitors.
Doug Brown might not know how to name a company, but he sure knows how to grow one. CEO Brown, 46, co-founded Fusion Alliance Inc. in 1994 along with Tim Shaw, who is no longer active in the firm. The company has since blossomed into the Indianapolis-area’s’s largest software developer, with 196 staff and contract software engineers and programmers. Much of the growth coincides with the decision in 2000 to rechristen the northwest-side company from its original and less glamorous…
Marvin Miller is representing a landowner trying to sell 125 acres just north of Indianapolis International Airport. But Miller
wants him to give away some of the property to persuade California-based Lucas Oil to move its headquarters there, jump-starting
the stagnant area in the process.
A Carmel-based doctor turned publisher is celebrating his magazine’s first anniversary by rolling out plans to take his publishing and health care businesses nationwide. Radius magazine is poised for rapid growth due to its “no fluff” content, according to its founder, Dev Brar, who founded Carmel-based Nightingale Home Healthcare in 1996. Both businesses are operating out of a new headquarters at 1036 S. Rangeline Road, and Brar is hoping the two will grow hand-in-hand. Brar is using Radius to market…
The surprise announcement that Larry Glasscock is retiring as CEO of WellPoint Inc. paves the way for his successor, Angela F. Braly, to be the highest-ranking female executive in corporate America. None of the 11 women CEOs of Fortune 500 companies run larger businesses, based on revenue, than WellPoint, which has $58 billion in annual […]
