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Indianapolis fought long and hard to earn a reputation as a safe place to live and conduct business. But police statistics
show that local security is eroding. Crime has risen to the highest levels seen during Mayor Bart Peterson’s administration.
Ten local law firms vie to shed weight in friendly contest to promote wellness Ten city firms indeed are vying to see whose members can shed the most inches from their waistlines within 10 weeks. The impetus for the “friendly” competition, which ends April 9, is modeled after Gov. Mitch Daniels’ INShape Indiana program challenging Hoosiers to lose 10 pounds in 10 weeks. Because participating firms range in size from behemoth Ice Miller LLP to boutique Schuckit & Associates PC,…
Taliera Corp. plan to raise $60 million through an initial public offering was withdrawn March 27, but Taliera isn’t going
away. It’s simply trying a different approach. CEO J. Smoke Wallin said he and his team of eight beverage industry veterans
still believe their business plan is right.
For centuries, philosophers, writers and artists have attempted to define happiness. Aristotle spoke of happiness as “the meaning and purpose of life,” and the crafters of the Declaration of Independence affirmed our unalienable right to pursue it. For Indianapolis visual artist Chitra Ramanathan, happiness is a “universally encompassing entity possessing form on a mental level” yet indescribable in terms of physical characteristics. “You can never really capture it,” she said. “You can only express it.” Happiness is the common thread…
Mr. Jackson is admitted to the hospital, complaining of shortness of breath and loss of appetite. The 71-year-old is experiencing tightness in his chest, although not enough to be considered painful. The nurses scurry to administer oxygen and draw blood while recommending an electrocardiogram to measure heart activity. Several minutes later, a diagnosis of heart failure is returned. The events unfolding at the Indiana University School of Nursing on the IUPUI campus mirror actual situations that could occur at any…
Wellness is good for business. At least that’s what Community Health Network and other Indianapolisarea hospitals are finding as they ramp up the wellness programs they offer onsite to area employers. Community has grown its health promotion division an average of 30 percent in each of the last three years. And this year, it had two corporate clients ask to have wellness staff at their offices daily. Community parks a wellness coordinator five days a week at Celadon Group Inc.,…
For the last two years, I looked forward every morning to the walk west on Washington Street on the way to the Indiana Economic Development offices across the street from the Statehouse. The exercise was invigorating, and inevitably I encountered friends with whom I enjoyed brief conversations. It was fun to breathe in the sights and smells of a great city coming to life. At Illinois Street I marked the progress of the Conrad Hotel, a Kite development that aspires…
Indianapolis-based WellPoint Inc. is in a tussle with the nation’s largest drug maker over the nation’s top-selling drug. New York-based Pfizer Inc., facing the loss of billions in sales of its Lipitor cholesterol-fighting drug, sent letters last month to doctors, encouraging them to protest the attempts of health benefits firms to switch patients to generic cholesterol drugs. The letter, which says the change is being pushed “for cost reasons alone,” reached doctors several days after Well-Point expanded a promotion to…
Kosene & Kosene Residential Inc. pioneered the downtown market for new-construction condos with luxury projects named after
classic cars. Now, the locally based company is striving to attract buyers for its latest project by adding a new standard
feature: affordability.
The peak of excess new houses for sale in the Indianapolis area passed about two months ago and is on track to be whittled to a normal level before September, predicts a Nashville, Tenn., company that researches housing stock in 30 Midwestern and Southern cities. Edsel Charles, who owns Market Graphics in Nashville, Tenn., said […]
One of the fastest-growing sectors in the Indianapolis area is fueled by the region’s burgeoning warehouses and trucking companies. The industries have added 4,500 jobs in the past four years to bring the February total to 50,900, according to figures compiled by Ball State University. That’s a nearly 10-percent increase compared to the 5.4-percent gain […]
Indianapolis slipped to 27th from 10th in Forbes’ latest annual ranking of the best places for business and careers. The magazine rated 200 cities on growth in jobs and incomes, living costs, crime, work force education and other criteria. Raleigh, N.C., placed first. Indy Partnership, which markets the Indianapolis area to prospective businesses, issued a […]
Seventeen of the 37 malls that Simon Property Group and a partner reaped by acquiring shopping mall owner The Mills Corp. will be operated as a "separate retail real estate platform," Simon said today. The 17 properties merge traditional mall, outlet center, big box and entertainment uses, and will be managed and leased from an office […]
L&D Mail Masters Inc., a New Albany direct mail and logistics firm, plans to add 46 jobs to its roster of 98 and build a 71,000-square-foot warehouse. The project in the city near Louisville will cost $4.2 million. L&D received $415,000 in state and local incentives, Indiana Economic Development Corp. said.
Kirk Kerkorian, the billionaire whose Tracinda Corp. last year withdrew an attempt to gain control of General Motors Corp., has offered $4.5 billion to buy Chrysler from DaimlerChrysler AG. Chrysler would be operated as a stand-alone company, Tracinda said in a letter to the German automaker, according to Bloomberg. However, a new contract would need […]
The Great Lakes Chemical Corp. office and research-and-development facility in West Lafayette might be hit by layoffs planned by its Middlebury, Mass., parent, Chemtura Corp. Chemtura said yesterday that it plans to lay off 620, or 10 percent, of its global work force as part of a restructuring aimed at gaining closer access to customers. […]
Cities that set buying trends for the rest of the country increasingly are turning to foreign cars despite General Motors Corp.’s attempts to win back buyers. Sales of Chevrolets, Buicks and other GM brands are slipping in places like New York, Los Angeles and Miami as the Detroit automaker pours resources into reinforcing an image […]
WISH-TV Channel 8, IBJ ’s newsgathering partner, has won a Peabody award for an investigative series showing how a $30 helmet pad could save soldiers’ lives in a blast. WTHR-TV Channel 13 received a Peabody for exposing problems with the state’s tornado warning system, and a second for showing how area pharmacies discarded patient subscription […]
Roche Group has spent $600 million to buy full ownership of BioVeris Corp. of Gaithersburg, Md., gaining control of BioVeris’ diagnostic technology. The Swiss company’s U.S. subsidiary, Indianapolis-based Roche Diagnostics, had licensed the electrochemiluminescence technology in machines it sold to hospitals and commercial laboratories—but was limited to diagnosing human diseases. The acquisition, which is expected […]
Jim Cramer and his popular CNBC show “Mad Money” will be filmed live at Indiana University’s Kelley School of Business tonight at 6 p.m. Appearing with Cramer will be IU graduate Mark Cuban, who co-founded HDNet and owns the Dallas Mavericks.
