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Articles

Chances of health reform passage soar

March 9, 2010

By pounding health insurers such as WellPoint Inc., President Obama has greatly boosted his chances of success in the eyes
of Wall Street. But to make his health reform bill reality, he might need to answer the less-than-reassuring news coming from
Massachusetts.

CIB turns down Axe deodorant ad for stadium

March 9, 2010

The Indianapolis Capital Improvement Board on Monday rejected a request from Axe deodorant to place an advertisement in Lucas
Oil Stadium because the message is too racy for youngsters.

WellPoint may be anti-competitive, Connecticut AG says

March 8, 2010

WellPoint Inc.’s Anthem Blue Cross & Blue Shield of Connecticut may constrain competition through contracts that require
that the insurer receives hospital discounts at least as favorable as any provided to a competitor.

Democrat stalwart Hogsett said to be U.S. attorney nominee

March 8, 2010

The U.S. Attorney’s office in Indianapolis has been without a presidentially appointed U.S. attorney for more than two years.
Joe Hogsett, a former secretary of state, is likely the frontrunner.

Grant to help city green up for Super Bowl

March 5, 2010

Not-for-profit Keep Indianapolis Beautiful has been given a $10,000 dollar grant from the Alliance for Community Trees and
the Home Depot Foundation to help with its “2,012 by 2012” tree-planting initiative. The money will help the organization
plant 2,012 trees on the near east side in time for the 2012 Super Bowl at Lucas Oil stadium. The plan is part of a bigger
goal in which the group hopes to plant 100,000 trees in the next seven years.
 

Sebelius asks insurers to justify rate hikes

March 5, 2010

Health and Human Services Secretary Kathleen Sebelius met at the White House with the CEOs of Indianapolis-based WellPoint,
Aetna, Cigna, UnitedHealth Group, as well as several state insurance commissioners.

Simon Property CEO uses hard-nosed style to excel at acquisitions

March 4, 2010

David Simon, the shrewd and blunt deal-maker—an acquisitive former Wall Street wunderkind who transformed Simon Property
Group Inc. into the nation’s largest mall owner—is trying to land his biggest deal yet.

Low-profile CIB leader embraces tough financial task

March 4, 2010

Lathrop Watch VideoAnn
Lathrop's interactions with the Indiana Pacers and Indianapolis Colts aren't what she might have envisioned as a young
college student pursuing a career in sports medicine. Now president of the city's Capital Improvement Board, her relations
with the teams are tied to their financial conditions rather than the health of their players.

Rapid growth makes Aprimo candidate for another try at IPO

March 4, 2010

Robust growth at marketing software maker Aprimo is fueling speculation it is about to make another run at going public, and
co-founder Bill Godfrey said he won’t rule out the possibility of an IPO.

Legal battle over Simon estate plan puts big gifts in limbo

March 4, 2010

Billionaire mall developer Melvin Simon wanted to leave the Jewish Federation of Greater Indianapolis $10 million, but it
could be up to his widow, Bren Simon, whether to fulfill that wish.

LOU’S VIEWS: Bill T. Jones’ company dances through history at IU

March 4, 2010

A few weeks back, I wrote about the two collections of Abraham Lincoln memorabilia on display at the Indiana
State Museum. Over the past week, two additional encounters with Abe reminded me that there is no shortage of material to be mined from
the life of the 16th president.

MAURER: WellPoint’s Braly bravely takes on fuss

March 4, 2010

Wellpoint CEO Angela Braly was criticized by President Obama on national television. She incurred the wrath of health insurance
policyholders in California and Indiana. She reignited debate on the moribund national health care reform bill. A woman hasn’t
caused this much turmoil since all those ships were launched by Helen of Troy.

Indians ready to score with Comcast, Brighthouse TV deal

March 4, 2010

A full season of televised games will give franchise a platform to promote attendance at Victory Field.

PANEL: Progress is being made on environmental issues in state

March 3, 2010

New Watch Video iconExperts
say Indianapolis is moving forward on recycling, that environmental research is discovering promising technologies, and that
manufacturers are finding new things to make. Local cognoscenti from the green community testify to these developments in
five included videos.

Cornelius to retire as Bristol-Myers Squibb CEO

March 3, 2010

The former Guidant Corp. CEO and long-time Eli Lilly exec said he and his family will be returning to Indianapolis.

IPL retirees, union continue fight over plan funding

March 3, 2010

Retirees re-energize legal battle against IPL, seek rehearing in Court of Appeals over post-retirement funding case that could
cost utility $100 million.

IU cancer center names new director

March 2, 2010

Dr. Patrick J. Loehrer Sr. replaces Dr. Stephen D. Williams, the center’s founding director, who died of cancer in February
2009.

Company news

March 2, 2010

Call it California screamin.’ Indianapolis-based WellPoint Inc. continues to get a steady flow of
bad news coming from the Golden State, which is feeding problems for the health insurer in Washington, D.C. WellPoint CEO
Angela Braly gave an unapologetic defense last week before a congressional committee about her company’s 25-percent
premium hike on individual customers in California. But the next day, California Attorney General Jerry Brown subpoaned documents
from WellPoint and its insurance peers in an investigation into whether their premium increases and claims denials were illegal.
According to Bloomberg News, the investigation was undertaken in response to reports that California insurance providers deny
almost 40 percent of claims. Then on Monday, a consumer watchdog group sued WellPoint for pushing consumers to take coverage
with fewer benefits and higher deductibles, which the lawsuit says violates California law, according to the Associated Press.
On Thursday, President Obama’s top health official, Kathleen Sebelius, wants to see WellPoint and its rivals in her
office to explain their premium hikes. Heavy media attention on premium hikes in states across the country has revived Obama’s
health reform efforts, which WellPoint has opposed since last fall. The only good news for WellPoint came on Wall Street,
where investors are pleased the company is raising its prices faster than medical costs are escalating. WellPoint’s
stock price surged 6 percent last week alone.

The Indiana University Melvin and Bren Simon Cancer Center has named a replacement for former director Stephen
Williams, who died of cancer in February 2009. The center chose Dr. Patrick J. Loehrer Sr., who joined the IU faculty in 1990,
and also will serve as associate dean for cancer research and hold the title HH Gregg Professor of Oncology at the IU School
of Medicine. Loehrer is an internationally recognized researcher and specialist in testicular cancer, gastrointestinal cancer,
and thymoma. His appointment must be approved by university trustes.

Indianapolis-based PDS Biotechnology Corp. won a $1.28 million grant from the National Cancer Institute
to help it complete preclinical testing of an experimental drug aimed at curing infections and cancers caused by human papillomavirus.
The most common cancers caused by the virus are cervical, anal and head and neck cancers. PDS said 400 million people have
the virus, and no existing vaccines offer a cure.

The University of Notre Dame licensed technology developed by one of its professors to Pennsylvania-based
Molecular Targeting Technologies Inc. Financial terms of the deal were not disclosed. The technology, developed by chemistry
prof Bradley Smith, can target dead or dying cells in humans or in bacteria clusters. Such selective sensing could help researchers
see more clearly the effects of treatments on cancers or bacterial infections.

Simon daughter questions using father’s estate to pay donations

March 2, 2010

Pledges to St. Vincent, Indianapolis Museum of Art should be paid by trusts, foundations affiliated with Bren Simon, court
papers allege.

Colts’ Bill Polian finds himself in middle of NFL overtime debate

March 2, 2010

While top prospects were on display at yesterday's NFL Combine in Indianapolis, members of the league's competition
committee were hotly debating a rule that could change the game next year.

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