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Articles

Captain Kidd’s cannon to land at Children’s Museum

March 31, 2011

The Children’s Museum of Indianapolis received a $1 million grant from the Eli Lilly and Co. Foundation to support expeditions by an Indiana University team to Captain Kidd’s ship in the Dominican Republic.

Gas distributors oppose $2.7B Rockport gasification plant

March 31, 2011

Six gas-distribution companies have urged regulators to reject a state plan that would force residential natural-gas customers to effectively subsidize a $2.7 billion coal gasification project proposed for Rockport.

Trucking industry upswing may draw investors to Allison IPO

March 31, 2011

Allison Transmission is not a household name like Google or General Motors, but it won’t lack an audience for its planned $750 million initial public offering.

DINING: Deliberate dive spices up south Broad Ripple

March 31, 2011

First in a month-long series of reviews of restaurants that sound wet—just like spring in Indiana.

KENNEDY: Death (penalty) and taxes aren’t certainties after all

March 31, 2011

Everyone, it seems, wants government to cost less—until someone suggests cuts to our particular sacred cows.

Who’s Who in Banking and Finance – 2011

March 31, 2011

In this installment of IBJ's Who's Who series, meet key members of the city’s banking and finance sector. They include bankers, fund managers, venture capitalists, lawyers, financial planners and others who influence the movement and availability of money in the local economy.

People in the news – April 4, 2011

March 31, 2011

People listings are free.

Labor bills targeted in boycott pass Indiana House

March 31, 2011

Republicans in the Indiana House on Wednesday pushed through three labor-related bills that had drawn protests from Democrats during their five-week legislative walkout.

“Also this week”

March 30, 2011

 

This month’s First Friday events include the Indianapolis Museum of Contemporary Art’s opening of “Inner City Inspiration: An Artist’s Evolution in Clay” (April 1-May 14), featuring work by IU Associate Professor of Ceramic Art Malcolm Mobutu Smith, including a large-scale graffiti mural. Details here. 

“Annie Get Your Gun” fires up at Beef & Boards Dinner Theatre, March 31-May 8. Details here. 

“American Idol” contender Kellie Pickler headlines a free concert as part of the NCAA Women’s Final Four Tourney Town at the Indiana Convention Center April 2. Details here. 

The Indianapolis Museum of Art screens “Selections from Project 35,” a trio of videos selected by a team of international curators, April 1-Oct. 30. Details here.

Pianist Jeremy Denk joins the Indianapolis Symphony Orchestra for a weekend of Sibelius, Ravel and Mozart, April 1-2. Details here.

Comic Adam Carolla performs at the Egyptian Room at Old National Centre, April 1. Details here. 

Old 97s return to the Vogue April 3. Details here. 

The St. Petersburg Symphony comes to the Palladium April 3. Details here. 

Dennis DeYoung brings the music of Styx to a concert with the Indianapolis Symphony Orchestra March 31. Details here.

Company news

March 29, 2011

Indiana University Health has canceled plans for a $73 million administrative office building at 16th Street and Capitol Avenue to instead purchase the Gateway Plaza tower at 10th and Illinois streets. The Indianapolis-based hospital system is still moving forward with construction of a $120 million neurosciences hub across the street from its Methodist Hospital campus. But IU Health officials, without being specific, said the price was too good on Gateway Plaza—where the hospital system already rents 130,000 square feet and employs 750 workers. The building currently has 80 percent of its 270,000 rentable square feet leased. But the looming departures of IU Health as well as the IU Foundation—which recently bought its own building along the Central Canal—could have quickly reduced occupancy to 20 percent. IU Health also bought the 1,200-space parking lots adjacent to the building.

Six Indiana hospitals were named to Thomson Reuters' annual list of the nation’s top 100 health care facilities. They included St. Vincent Indianapolis Hospital, the flagship hospital of Indianapolis-based St. Vincent Health. Also making the list were Columbus Regional Hospital, Community Hospital in Munster, Kosciusko Community Hospital in Warsaw, Memorial Hospital & Health System in South Bend, and Reid Hospital & Health Care Services in Richmond. The Thomson Reuters 100 Top Hospitals study evaluates performance in 10 areas: deaths; medical complications; patient safety; average patient stay; expenses; profitability; patient satisfaction; adherence to clinical standards of care; post-discharge deaths; and re-admission rates for patients suffering a heart attack, heart failure and pneumonia. The study has been conducted annually since 1993.

Purdue University ranked No. 47 on a list of the institutions worldwide with the most articles published last year in the widely cited Nature research journals. U.S. institutions occupied 33 of the top 50 positions, with Harvard University topping the list. The index is available here. The Nature journals primarily publish articles disclosing basic research findings in life, physical and chemical sciences. The journals focus less on applied scientific or engineering research. The index is a collaboration between Nature Publishing group and Digital Sciences, a sister division of Macmillan Publishers Ltd.division of Macmillan Publishers Ltd.

WellPoint gets vote of confidence

March 29, 2011

Health reform will make health insurance a less-profitable business, but WellPoint Inc. got a vote of confidence from bond analysts because health-reform rules have turned out milder than expected and WellPoint’s financial performance has been particularly strong as the economy recovers.

Organic-food delivery service growing its operations

March 29, 2011

Indianapolis-based Green B.E.A.N. Delivery planted a seed here four years ago, and now the organic food-shipping service is cultivating its own 60-acre farm in Sheridan.

Bill Cook, medical device magnate and philanthropist, dies at 80

March 28, 2011

The founder of Bloomington-based life sciences giant Cook Group Inc. and the wealthiest man in Indiana leaves a legacy of dozens of historic structures saved from decay or demolition. He also was a major donor to Indiana University and its athletics department.

Maturing Chinese market gives WellPoint new prospects

March 24, 2011

Premiums for private health insurers in China are expected to rise to $90 billion by 2020 from $9 billion now, and WellPoint Inc. is angling for a big piece of that pie.

SPECIAL REPORT: Indiana companies charge into China

March 24, 2011

With economic growth in the United States sluggish, Indiana companies are joining the race to capitalize on the fast-growing Chinese economy—even as hundreds of millions of Chinese move into the middle class and adopt a Western-style thirst for goods and services.

Hospitals’ finances improve somewhat in 2010

March 24, 2011

It was a good but not great year financially for three of the four largest hospital systems operating in the Indianapolis area last year—and hospital analysts are expecting several head winds to continue.

BENNER: March drama extends beyond basketball court

March 24, 2011

The same fans who had (rightfully) lauded coach Matt Painter for guiding the Boilermakers to a surprisingly strong season suddenly were ripping Painter in the aftermath of the tournament loss to VCU.

People in the news – March 28, 2011

March 24, 2011

People listings are free.

GIBSON: A bus system like Charlotte’s would offer many benefits

March 23, 2011

Charlotte, N.C., operates approximately 325 buses with 74 routes on a budget of $110 million while IndyGo has an annual budget of $55 million with only 150 buses and 29 routes.

WAGNER: Beltway opportunity borne of Indiana roots

March 23, 2011

I’d never have been halfway around the world climbing all over nuclear research reactors if I hadn’t taken a few risks in Indiana.

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