George named motorcyclist of year
Indianapolis Motor Speedway CEO Tony George has been named 2008 “Motorcyclist of the Year” by Motorcyclist, one of the most widely circulated motorcycle magazines in the U.S., for his efforts to bring the…
Home » Search
Search Results
12,751 results for 'ims'
- Sort By
-
Date
- Any Time
- Past Day
- Past Week
- Past Month
- Past Year
-
Custom Date Range
Articles
UPDATE: Hospital exec resigns over ‘style’
Major Hospital CEO Tony Lennen says differences in personal style were key factors in his decision to resign suddenly on Monday. “There has been a lot of changes on our board,” Lennen, 50, said in an interview with IBJ. “I was uncomfortable. I don’t think we were in sync the way we used to be.” […]
Push for personal medicine boosts firm: Software developer RND is busy working on gene-based diagnostic devices
The future of medicine is personal. That’s been the mantra of the pharmaceutical industry for the last decade-since the human genome was sequenced for the first time. But before Eli Lilly and Co. and its peers can develop and sell drugs that treat only patients with a specific gene, it needs sophisticated devices to test if a patient has that gene. And those devices need sophisticated software to make them run. That’s where The RND Group Inc. comes in. The…
INVESTING: Candid e-mails chip away at Wall Street’s credibility
E-mail, today’s ubiquitous form of communication, is proving to be the smoking gun in a number of recent financial fiascos. The Securities and Exchange Commission recently released a draft of its investigation into the behavior of bond-rating firms during the subprime-mortgage-securitization craze. The report highlighted e-mails expressing the sentiment of the authors during the period-a sentiment in conflict with the Wall Street sales pitch being used to sell these securities to investors. One e-mail a Standard & Poor’s analyst sent…
VOICES FROM THE INDUSTRY: Genetic info act will do more than stop discrimination
The promise of personalized medicine-genetic tests that allow more informed and individualized health care decisions-has been blocked in recent times as patients struggle with the fear that those same genetic test results could bring genetic discrimination in the form of cancelled health insurance coverage or even the catastrophe of job loss. In 1997, Indiana enacted a state law protecting genetic screening or testing and prohibiting health insurers from considering any information obtained from such testing in a manner adverse to…
Interactive Intelligence looking past stock slump
Interactive Intelligence Inc. is enduring a serious stock slump. Its battered shares are trading around $10, about $20
off their 52-week peak. Yet CEO Don Brown remains so bullish on the software maker that he’s authorized a $10 million stock
buyback.EYE ON THE PIE: How I spent my summer vacation
Helen Heavybreath is one of the most intrusive persons in my life. She always wants to know, “Where have you been? What have you been doing? Whom did you see?” At least the woman’s grammar is good. Before she accosts me again, I will report my vacation activities. What do you think an economist would do this summer, given current circumstances? Quite naturally, high gasoline prices induced me to take a 3,000-mile driving vacation from Indiana into Colorado, New Mexico…
Startup NICO reassembles Suros’ management team: Medical-device maker aims to launch product soon
Medical-device maker Suros Surgical Systems was one of the fastest-growing companies in Indianapolis history. Just six years after forming it in 2000, founders sold it for $248 million. Is it any wonder they want to work together again? In late July, former Suros Chairman Jim Baumgardt and former Vice President of Sales Jeff Hanthorn joined locally based NICO Corp., the startup launched early this year by former Suros CEO Jim Pearson and Joseph Mark, one of Suros’ founders. The mission…
Budget cuts loom for arts, parks as mayor tries to lessen deficit
After Mayor Greg Ballard’s upset victory at the polls last November, local arts leaders were in a panic. They worried the
no-nonsense former Marine would put public safety on a pedestal and slash Indianapolis’ funding for cultural groups.Commentary: Please copy this column
(In deference to ’60s radical Abbie Hoffman and his 1971 cult paperback “Steal This Book,” I hereby relinquish our copyright to this column and give you permission to copy it. I’ll tell you what to do with it later.) Silly me, I thought Mitch Daniels had really shaken things up and done a great job in his first four years as governor. To hear his Democratic opponents in the upcoming election tell it, you’d think he had provided uninspired leadership…
Tony, tires, Danica make news
The big stories in the world of motorsports have been coming at such a high rate of speed, it’s been difficult to keep up.
The long weekend kicked off with Tony Stewart getting into an altercation with a U.S. Auto Club…
Marsh sues Roche over sublease deal
Two giants of local business are preparing to slug it out in court over a soured sublease deal. Marsh Supermarkets filed
suit in Hamilton County this month to enforce a deal with Swiss pharmaceutical and medical-equipment powerhouse
Roche to sublease the grocer’s entire 148,000-square-foot headquarters in Fishers. The deal, worth more
than $47 million over 18 years, is one of the largest of its kind in central Indiana in years.SPORTS: NASCAR: Good for the city, not so fun to watch
Depending upon when IBJ lands in your hands, the 15th Allstate 400 at the Brickyard will be either coming to or going from the Indianapolis Motor Speedway. So let’s talk racin’. Let me begin by saying how pleased I am that Tony George took that giant leap in 1994 and welcomed NASCAR to the hallowed openwheel grounds of IMS. By most accounts, the Brickyard 400 instantly became the second-most-coveted prize on the NASCAR circuit and it has remained in that…
EDITORIAL: Bulldozing history shouldn’t be easy: Ivy Tech should keep its promise
Bulldozing history shouldn’t be easy Ivy Tech should keep its promise Ivy Tech Community College says it is continuing to seek feedback from the public about how best to redevelop the old St. Vincent Hospital property just north of downtown, but it already has an architect’s drawing of what could replace the neoclassical structure built in 1912. Does that mean Ivy Tech’s leaders have their minds made up about the property’s future? We hope not. The city turned over the…
BEHIND THE NEWS: Former Carmel exec goes from fast lane to jail cell
Just a few years ago, Carmel businessman Edward Okun was living the high life. By last year, his personal holdings had grown to include four mansions, a helicopter, three airplanes, 20 automobiles, and a 130-foot yacht. Today, Okun is in a Virginia jail, is represented by a public defender, and faces the prospect of spending the rest of his life behind bars. And, angry investors say, rightfully so. They charge-and government investigators agree-that Okun financed his lavish lifestyle by misappropriating…
VOICES FROM THE INDUSTRY: Stock investing means navigating emotional mind fields
This has been a dizzy stock market, maybe even ill, but it isn’t terminal. Learning how to manage one’s own emotions while investing is an important part of success. And, the most crucial factor is practicing realism over optimism, instead of the reverse. Hope is helpful in most areas of life because it gives us optimism and a reason to live, but in the investment arena, it can quickly drive our portfolio into negative territory. Our desire for excessive investment…
IRL drafts off NASCAR
Indianapolis Motor Speedway President Tony George’s open-wheel racing enterprise has gotten a boost from its fendered brethren that few outside racing circles are aware of.
So powerful is the connection between NASCAR and the…
UPDATE: Investors cheer WellPoint earnings
Wall Street rejoiced today after WellPoint Inc. posted second-quarter profit that exceeded analysts’ estimates. Investors bid up shares of the Indianapolis-based health insurer as much as 9 percent. As of late this morning, the stock traded at $52.06, up 6.8 percent. WellPoint stock rose along with broader markets, which surged as the price of crude […]
FedEx pursues lawsuit against bankrupt ATA
FedEx Corp. has asked a bankruptcy judge to allow it to sue ATA Airlines Inc. for breaching a contract to carry military personnel. The filing comes a month after ATA sued FedEx, claiming that it was forced into bankruptcy when FedEx notified ATA that the contract would end this fall. ATA was obligated to continue […]