PROXY CORNER: First Merchants Corp.
Muncie-based First Merchants Corp. operates about 80 banking offices, nearly all in Indiana.
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2010 NEWSMAKER: Lubbers changes higher-ed funding
Higher education Commissioner Teresa Lubbers ushered in a new era in higher education financing this year. But she’ll need to persuade the General Assembly to stick with it in 2011.
Arts groups prepare fundraising campaigns
This year, five organizations announced or began preparing for the launch of major campaigns. The targets ranged from $12.5 million for Heartland Truly Moving Pictures to $100 million for the Indianapolis Symphony Orchestra.
Weak real estate market slams developers, banks
One local developer emerged from bankruptcy and another fought off growing financial woes as the commercial real estate market remained challenging.
2010 NEWSMAKER: Butler’s Stevens scored along with team
In April, Butler University men’s basketball coach Brad Stevens coached the Bulldogs to the NCAA Final Four, where Butler lost to heavy favorite Duke University by two points in the championship game at Lucas Oil Stadium.
Smulyan fails to take Emmis private
Jeff Smulyan in 2010 tried for the second time in four years to take Emmis Communications Corp. private, only to see a group of dissident investors band together to block the deal at the 11th hour.
Brizzi controversy colors prosecutor’s race
Two-term Marion County Prosecutor Carl Brizzi drew attention for a series of questionable business deals with a local defense attorney and for his friendship and business ties to financier Tim Durham, who is under federal criminal investigation.
Simon loses battle for General Growth
Just as shoppers began spending more cash at Simon Property Group Inc. malls, the Indianapolis real estate giant tried to open its own wallet for three huge deals—to mixed results.
Eli Lilly puts faith in drug pipeline
Eli Lilly and Co. started to tip over its massive “patent cliff” this year, yet announced little publicly that will significantly soften its inevitable sales plunge.
2010 NEWSMAKER: NCAA chief Emmert makes bold moves
Mark Emmert, who left his post in 2010 as University of Washington president to become president of the NCAA, didn’t waste any time making his first round of big decisions.
Scandal rocks IURC, Duke
An ethics scandal at the Indiana Utility Regulatory Commission brought down its chairman along with two top Duke Energy executives and an IURC law judge-turned Duke employee who was at the center of the mess.
2010 NEWSMAKER: Daniels keeps fans in suspense
Political observers of Gov. Mitch Daniels see plenty of signs that the 61-year-old Republican is eyeing a presidential run in 2012.
Bayh throws Democrats into a tizzy
The political world trembled on Feb. 15, when Indiana’s Democratic U.S. senator, Evan Bayh, announced he would not seek a third term.
Ballard to raise millions through utility, meter deals
In the spring, Mayor Greg Ballard introduced a plan to sell the city’s water and sewer utilities to Citizens Energy Group, the public charitable trust that owns Citizens Gas. About six months later, he rolled out a deal to lease the city’s parking meters to a private operator.
Pacers, city negotiate $33M deal
The Indiana Pacers will stay put in Conseco Fieldhouse at least through 2012, thanks to a three-year deal approved July 16 by the city’s Capital Improvement Board.
2010 NEWSMAKER: Lucas lands Hilbert mansion
Lucas Oil Products Inc. owners Forrest and Charlotte Lucas in October purchased the 25,000-square-foot Carmel mansion built by Conseco Inc. co-founder Stephen Hilbert.
Battle breaks out over Mel Simon fortune
A long-simmering Simon family feud went public as members of one of the city’s most prominent families battled in a Hamilton County courtroom over the $2 billion estate of mall magnate Melvin Simon.
Clarian moves forward with downtown expansion
Clarian Health, after the 2008 financial meltdown forced it to halt its aggressive building campaign, put the hard hats back to work in 2010.
WellPoint helps usher in health care reform
President Obama revived the health care reform bill by seizing on news of sharp premium hikes on individual customers by Indianapolis-based WellPoint Inc.