Investors gave an initially favorable response to the news that John C. Lechleiter, a chemist by training, will take the helm of Eli Lilly and Co. next year, at a time the entire industry faces wrenching changes. “I’m all for the person with the science background to be the CEO,” said Rich Foran, vice president […]
Christopher P. White is arguably the city’s most daring real estate developer. But an IBJ review of hundreds of pages of public
records shows White and his Premier Properties USA Inc. are facing major financial and legal challenges.
Peering into a high-powered microscope in cramped, shared lab space at Indiana University Medical Center, Dr. Juan Carlos Grandin is trying to see a solution to a worldwide problem: a shortage of corneas available for transplants. If he’s successful, Grandin’s work could one day lead to a new biotech product for an Indianapolis company. Officials from Indianapolis-based EndGenitor are watching the project but currently have no stake in it. At the very least, Grandin’s work provides a bit of prestige…
When Jim Cotterill became president of the newly formed Hoosier Christian Foundation in August, it capped off six years of
soul-searching for the Indianapolis entrepreneur. Cotterill represents growing numbers of local business professionals who
have diverted their time and talent to charity and service.
The deadly shooting spree at a Nebraska mall this month highlighted a challenge confronting Simon Property Group Inc. and other shopping center operators: how to protect their properties from violent acts, or even terrorism, while also leaving them welcoming to shoppers. Most retail real estate owners have ramped up security since the 9/11 terrorist attacks, though experts say shopping centers, like schools, remain “soft targets” for terrorism. “Shopping center owners have been very concerned about security for their patrons for…
Just so you know, I already had decided to revisit the Indiana Pacers this week. At the quarter post of the marathon that is the NBA season, the Pacers were performing admirably and above most expectations. They had knocked off Utah and Dallas. They had won three of four games on a West Coast trip, including a victory at Denver. They scored a huge road victory over the rapidly rising Eastern Conference power, Orlando. That left them at .500 through…
A ruling in federal court has removed several potential hurdles to the long-planned Interstate 69 extension, including one that sought to block a section through Perry Township in Indianapolis, reports the Evansville Courier & Press. The decision handed down late Monday by U.S. District Court Judge David Hamilton denied plaintiff claims that Major Moves disallowed […]
Newly public records suggest that securities investigators had far from an airtight insider-trading case against David Knall,
the star Indianapolis investment broker who nonetheless agreed to settle the 3-year-old inquiry by agreeing to a one-year
suspension. The Securities and Exchange Commission announced the pact Dec. 4. In addition to consenting to the suspension,
Knall, a managing partner of Stifel Nicolaus & Co., agreed to pay $123,865.
The list of potential Hoosier ethanol plants is nothing short of astounding for a state that had just one ethanol-fuel distillery
as recently as 2005. Beyond the six ethanol plants now operating and six others under construction, Purdue University agricultural
economist Chris Hurt counts 27 others under consideration for Indiana.
Speedway officials are in discussions
to bring an airplane race to Indianapolis. The Red Bull Air Race World Series is a 5-year-old airplane race circuit that combines
the intrigue of a high-wire circus
act, thrills of an alpine ski race, and cutting-edge technology of Formula One auto racing.
Take a look at some of the most complicated, heated and thankless Statehouse negotiations and chances are you’ll find Republican Sen. Luke Kenley smack in the middle of the fray. While some Hoosiers are hard-pressed to attend a school board meeting or even try to understand their property-tax bills, the 62-year-old chairman of the Senate Tax & Fiscal Policy Committee sits through hours of public hearings and even more hours of closed-door negotiations. This General Assembly promises to be one…
Business and education leaders are hanging up their boxing gloves in favor of working together to stem the local high school dropout rate. “We’ve typically been at odds with the education community,” said Roland Dorson, president of the Greater Indianapolis Chamber of Commerce. Long-standing finger pointing has had businesses issuing mandates that schools educate their students better and educators claiming they don’t receive the help they need from businesses, Dorson said. “We get beat up by business and professional groups…
Health Systems International LLC has received an equity investment from Great Point Partners LLC, a private investment firm headquartered in Greenwich, Conn., that focuses on health care. The amount was not disclosed, but Great Point said today that the funding will help the Indianapolis company bankroll acquisitions. Great Point Managing Directors Christopher M. Laitala and […]
Pickets at the construction site of a Hilton Garden Inn in the northwestern Indiana town of Hobart slashed 14 tires, cut a telephone line to a trailer and put glue in locks late last week, the project superintendent claims. The superintendent, Kim Lackey, also said the union-based picket line hurled racial and sexual slurs at […]
WellPoint, Indiana’s largest health insurer, is making more noise than ever about what it’s doing to help improve Hoosiers’
and Americans’ health.
Betsy Knoke’s northeast-side business is the latest addition for Colorado-based 10 til 2, a franchised staffing service that places college-educated individuals in part-time employment. On a grander scale, the landscape-architect-turned-business-owner is among the scores of women and minorities who are finding business opportunities through franchises. A report issued in October by the IFA Educational Foundation found minorities own 20 percent of the nation’s franchises and women 25 percent. The affiliate of the International Franchise Association in Washington, D.C., used U.S….
Indianapolis Public Schools Superintendent Eugene White, in his third year as head of the state’s
largest school district, is determined to reverse the long decline of the state’s largest school district. The status quo
is not an option.
When Indianapolis Motor Speedway and Formula One parted ways this summer, more than one person in Indianapolis
muttered, â??Good riddance.â??
F1â??s leader, Bernie Ecclestone, was viewed as arrogant, pushy and greedy. Just the same, the city likes the
prestige of hosting…
Conseco Inc. will transfer 120 of its 2,300 Carmel employees to a Minnesota company, under a plan the insurer announced today. The employees, who make up nearly two-thirds of Conseco’s long-term care team, still will work from Conseco’s offices on its Carmel campus. Along with the employees, Conseco will shift administration of 170,000 of its […]
Carmel tech entrepreneur Scott Jones is finding himself in the middle of a political debate he didnâ??t ask
for and doesnâ??t want.
The spokeswoman for the Indiana Democratic Party is questioning whether Jones needed the $4 million in grants
that two…
