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Indy water expected to taste better in week

More complaints are pouring in about the taste of Indianapolis' water. Boats loaded with chemicals are being sent to the
Prairie Creek Reservoir, which connects to the White River. Prairie Creek is in Delaware County, outside of Muncie. Indiana
American Water hopes algaecide will eliminate a rare early-season algae bloom that's affecting the water supply in Indianapolis
and Muncie. Water officials say the water is safe to drink, despite a musty taste.

Wishard foundation hires new CEO

The Wishard Foundation announced Friday that it has named Ernest Vargo II as its president and chief executive officer.  A veteran fund-raiser, Vargo takes the job as the Wishard Foundation embarks on a $50 million capital campaign to build a new Wishard Hospital. Vargo, who is also a consultant at Johnson, Grossnickle & Associates, has […]

Wishard Foundation appoints new leader

Ernest Vargo II’s Vargo’s top priority will be guiding the foundation’s $50 million capital campaign for the construction
of the new, $754 million Wishard Hospital.

ExactTarget reports record quarterly revenue

The Indianapolis-based e-mail marketing firm posted revenue of $29 million in the first three months of the year, a 37-percent
increase from the same period last year.

Anthem Blue Cross withdraws big California rate hike

Anthem Blue Cross withdrew plans to raise health insurance rates for Californians by as much as 39 percent after an independent
audit determined the company’s justification for raising premiums was based on flawed data.

Hotels slowly recovering from worst downturn in 40 years

Hotel occupancy rates in the last two years have plunged nationally and locally to levels not seen in decades, putting a number
of hotels at or near the financial breaking point. But relief finally appears to be on the way.

British tour firms’ visit may lead to transatlantic direct flights

An initiative to bring 10 of the biggest travel tour operators in the United Kingdom to this year’s Indianapolis 500 could
be a first step in bolstering business at the Indianapolis Motor Speedway, area golf courses and Indianapolis International
Airport, where city boosters hope to establish direct flights to London.

Fate of $200,000 JA scholarship a mystery

The turmoil that now engulfs Junior Achievement of Central Indiana likely was spawned by questions that arose in 2008 about
the handling of a scholarship fund worth about $200,000.

Area reaches end of an era for church construction

The $16.5 million worship auditorium that Northview Church in Carmel opened last month may be the last major church-related
project completed in central Indiana for years. Although many projects were finished before the recession, churches, which
usually pay for much of construction in cash, struggled to collect pledges.

Records

Public records listing from the May 3, 2010, edition of IBJ.