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IU Health readies bond sale

April 15, 2011

The Indianapolis-based hospital system plans to sell $228.2 million in bonds this week to refinance existing debt and pay to finish construction of its Saxony hospital in Fishers, set to open late this year.

Battery maker drops Indianapolis president

April 15, 2011

Battery maker Ener1 Inc. has fired Chief Operating Officer Rick Stanley, who was also president of the company's Indianapolis-based operation, EnerDel Inc.

UPDATE: Extra tax dollars aimed at full-day kindergarten

April 15, 2011

A projected increase in state revenue should allow all Indiana school districts to provide full-day kindergarten, a long-time goal of the governor and many education officials.

Lilly’s Bydureon wins backing of European drug panel

April 15, 2011

The drug awaits final action by the European Commission, which has the authority to approve medicines for the European Union. The Commission usually makes a decision on CHMP recommendations within two to three months.

Hofmeister jewelry business files Chapter 11

April 15, 2011

The northeast-side retailer listed assets of nearly $3.8 million and liabilities of $5.4 million. Much of the debt includes a bank loan and money owed to suppliers for inventory.

Indiana Senate panel backs GOP redistricting plan

April 15, 2011

A Republican-led Indiana Senate committee on Thursday approved a plan for new Senate election districts that Democrats maintain unfairly dilutes black and Hispanic voting strength.

Storms drafted ethics memo on own case at IURC

April 15, 2011

Former Indiana Utility Regulatory Commission counsel Scott Storms spoke out for the first time publicly on ethics charges brought against him, denying allegations that there was a conflict of interest in how he handled cases involving Duke Energy.

Inside Dish: The Legend Irvington Classic Cafe

Legend Irvington Classic Cafe: Attracting new partrons

Companies seek equity in return for services to startups

April 14, 2011

A crop of Indianapolis companies is embracing the practice of developing and marketing products for startups in exchange for an ownership stake.

Indiana Live owners using big-buck firms in Chapter 11 case

April 14, 2011

Indianapolis Downs LLC, owner of Indiana Live racetrack and casino, has hired top-tier national investment banking and law firms to represent it in Chapter 11 proceedings in U.S. bankruptcy court in Delaware.

SKARBECK: Inflation worries growing, and for good reasons

April 14, 2011

As much as Federal Reserve Chairman Ben Bernanke would like to think he can pull in the reins at the right moment, the beast of inflation is difficult to control.

HICKS: Economic activity stalls when taxes rise

April 14, 2011

We know from long experience that, if you raise taxes, you get less economic activity, even if higher tax rates make some people work harder.

Aggressive bills aimed at consolidating township governments fail

April 14, 2011

With two weeks left in the legislative session, only two statewide local-government-reform bills remain. Both fail to accomplish reformers’ key aim: removing layers of township government they say have outlived their use.

People in the news – April 18, 2011

April 14, 2011

People listings are free.

Shelbyville uses new incubator to lure tech firm Tyros

April 14, 2011

A company that will soon become Shelbyville’s newest corporate resident has a nifty, high-tech idea to help schools, leagues and sports associations connect with sports referees and officials.

Records – April 18, 2010

April 14, 2011

Records listings from the April 18, 2011, issue of IBJ.

PROXY CORNER: Kite Realty Group Trust

April 14, 2011

Indianapolis-based Kite Realty Group Trust engages in the development, construction, acquisition, ownership and operation of shopping centers in the United States.

EDITORIAL: Redistricting disappoints again

April 14, 2011

If anything is clear from the latest round of drawing new lines for legislative and congressional districts, it’s that the system is still broken.

Fairgrounds officials consider Pepsi Coliseum overhaul

April 14, 2011

Indiana State Fairgrounds officials are laying the groundwork for a massive Pepsi Coliseum renovation that could cost tens of millions of dollars and transform the inside of the 72-year-old landmark.

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