Tribal casino could squeeze state coffers
A tribal casino planned for northern Indiana could deal a serious blow to established competitors, as well as to an important source of state tax revenue.
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MORRIS: Fox 59 is serious about local news
The announcement was made back in May and IBJ reported on it again in last week’s paper. However, I want to highlight WXIN-TV Channel 59’s expanded news coverage in the 6 p.m. hour, Monday-Friday, which starts airing this week. It’s the latest expansion of news at Fox 59 and the move is significant.
EDITORIAL: Rally to save the symphony
The Indianapolis Symphony Orchestra is in a mess that will be hard to recover from, but it’s not too late for the symphony’s depleted management, the musicians and the community to rally and save one of the city’s top cultural attractions before it’s permanently crippled.
Airport touts generating more than $56M in tax revenue
Property tax isn’t part of the equation, which irritates some Decatur Township residents.
’80s anti-takeover law helped sow Emmis win
The Indiana Business Corporation Law—enacted to help Hoosier companies fight off a wave of attacks by corporate raiders—gives boards of directors unusually broad authority to exercise judgment as they see fit.
Eli Lilly aims to ramp up social media presence
The drugmaker recently drafted social media guidelines it hopes can help it expand its use of social media to more of its employees—without running afoul of regulators.
Republic asks FAA for more capacity on Washington, D.C., flights
The airline has asked to use a bigger plane on the route and expand service between Washington and Columbus, Ohio.
Old concrete plant to be razed for road, nature area
Project will serve new Interstate 65 exit, serve as gateway to Greenwood.
Banker takes stage as choir conductor
BMO Harris executive vice president will lead Indianapolis Symphonic Choir season debut.
Airport may carve up ex-terminal property
Indianapolis International Airport managers say they haven’t given up hope that a single, mega-sized tenant could create an economic development boon at the site abandoned nearly four years ago when the midfield terminal opened. But the latest listing of redevelopment sites shows the former terminal complex being marketed in pieces.
Stocks soar after Europe unveils bond-buying effort
A long-anticipated plan to support struggling countries in the European Union provided the necessary jolt, and the gains were extraordinarily broad.
‘Knock on Wood’ campaign boosts Farm Bureau brand
The torrent of competitors’ humorous TV commercials forced Indiana Farm Bureau Insurance to roll out its own campaign. So far, its “Knock on Wood” shtick is said to have boosted brand awareness in urban markets by 12 percent, as measured by social media chatter.
Lilly’s Alimta fails to extend survival in lung cancer study
Eli Lilly and Co. said Thursday that its cancer drug Alimta didn’t extend overall survival when combined with Roche Holding AG’s Avastin in patients with a form of lung tumor.
Foreign companies drop bids to run Indiana lottery
Two foreign companies have dropped out of the bidding to become the first private manager of Indiana's lottery, with one charging the state's process encourages bidders to set expected revenue levels too high.
SKARBECK: Are equities really dead? Depends on whom you ask
References to the infamous 1979 Business Week article “The Death of Equities” have resurfaced in the media.
HICKS: Global slowdown makes its way to Wyoming
Federal Reserve Chairman Ben Bernanke recently spoke of a slowing world economy at the annual fete of world economists in Jackson Hole, Wyo. His speech was the typical measured prose of someone whose choice of adverbs has the capacity to send markets diving. However, to an experienced listener, two interesting tidbits emerged.
Firefighter, 2 others charged in molestation
An Anderson firefighter, his ex-wife and his retired police officer brother were arrested Wednesday and charged in connection with a child molestation. Martin “Skip” Ockomon, 46, is accused of molesting a family member. He's the brother of former Anderson Mayor Kris Ockomon. Martin Ockomon's ex-wife, 48-year-old Renee Brewster, faces neglect charges. His brother, 60-year-old Roger Ockomon, is accused of knowing about the alleged crimes while serving in the Anderson Police Department but failing to report them.
Body found in burned apartment
Investigators found human remains Wednesday night in an Indianapolis apartment that burned a month ago. Detectives were called to Abney Lake Apartments near 38th Street and Kessler Boulevard after management reported strong odors from an apartment that burned Aug. 4. An autopsy was scheduled Thursday to determine the cause of death and identify the body.