FEBRUARY 7-13, 2011
This week, see why the Indianapolis Indians are getting rid of about 400 seats at Victory Field and read about what has Steak n Shake franchisees riled. In A&E, see what Lou Harry thought about the Palladium's premiere. And in Forty Under 40, meet the up-and-coming professionals who made this year's list.
Front PageBack to Top
Will city be ready for Super Bowl blitz?
The compact nature of downtown Indianapolis—long seen as a major draw for conventions and other events—is creating challenges for organizers of next year’s Super Bowl.
Read MoreNew rules rile Steak n Shake franchisees
Franchise owners of Steak n Shake restaurants are revolting against parent company Biglari Holdings Inc. just as the chain plans a nationwide expansion fueled by franchising.
Read MoreHealth insurance brokers set for shakeout
Health insurance brokers, who match up employers with health insurance policies, are about to have a brighter light shone on the commissions they earn from insurers. The likely result: Commissions will fall or flatline and, eventually, fall away in favor of fee-based business models.
Read MoreTop StoriesBack to Top
Bond wariness might make it tough for cities to borrow
Interest rates on municipal bonds have ticked up in the last two months to pre-recession levels as investors have pulled their money from bond funds in droves. That pattern has begun, gradually, to reverse, but the higher rates could add to the cost of issuing debt for pending city projects.
Read MoreIndians adding dining option to Victory Field
The Indianapolis Indians have torn out about 400 seats in Victory Field’s left flank to make way for Captain Morgan Cove—an open-air restaurant and bar that will feature a menu separate from other stadium offerings and table service for up to 120 fans.
Read MoreWrecker business emerges from sad circumstances
After Tammy and Tony Hanna each lost a parent to cancer, the couple took $175,000 from their parents’ life-insurance policies to start Hanna’s Wrecker Service. It opened in October 2008 with five trucks and 13 employees, and now has seven trucks and 17 workers, and plans to move to a larger site that will allow for additional growth.
Read MoreStruggling Lilly turns to antidepressant Cymbalta for lift
Cymbalta racked up $3.5 billion in sales last year, and some analysts say it may approach $5 billion before generic competition arrives in 2013.
Read MoreTax credit would benefit public school foundations
Ellettsville Democrat Vi Simpson wants to create an income-tax credit for gifts to public-school foundations, which could compete with one that’s already available for private-school scholarships.
Read MoreSoftware startup takes on personal finance heavyweights
MyJibe forces everyday consumers to set savings goals and plan what they will need to spend before they spend it.
Read MoreFocusBack to Top
Forty Under 40: Class of 2011
Welcome to the 19th annual Forty Under 40, one of Indianapolis Business Journal's most popular and talked-about features.
Read MoreOpinionBack to Top
EDITORIAL: North of South project worth the risk
We understand the concern expressed by some on the City-County Council over Indianapolis’ role in financing the $155 million project, but there are compelling reasons to approve it.
Read MoreMAURER: Workforce Inc. recycles people
Now that football season is over, I suggest we turn our attention to a real hero: Gregg Keesling, CEO of Workforce Inc., an organization that populates practically its entire work force with ex-offenders.
Read MoreMARCUS: Recession’s recovery persistently denied
Indiana’s recovery is only 75-percent complete, lagging the nation.
Read MoreHENDERSON: The great school massacre of 2011
What a great way to slime our public school education infrastructure: educational vouchers.
Read MoreFEIGENBAUM: Unemployment insurance bill’s path surprisingly smooth
Once in a legislative blue moon, a bill will zip through the labyrinthine process with alacrity.
Read MoreSKARBECK: If consultants take over, ownership is relinquished
Unfortunately, there are numerous examples of mishap when the investment decision-making process is farmed out.
Read MoreHICKS: Deciphering economy a confusing pursuit
A casual observer of news about economic indicators has more than enough reason to be puzzled.
Read MoreTobacco subsidies support smoking
I am usually amused and even sometimes intellectually stimulated by Bruce Hetrick’s opinion pieces. However, his piece (Jan. 24) drawing parallels between the tragic shootings in Tucson and tobacco related deaths is over the top.
Read MoreAnti-smoking column went too far
I do not think I have ever read a more disgustingly disrespectful column as the one printed in the Jan. 24-30 issue, written by Bruce Hetrick.
Read MoreIn BriefBack to Top
Several new restaurants opening in Indianapolis
The new dining spots include a few home-grown businesses that are opening in or near Broad Ripple.
Read MoreIndianapolis Museum of Art shuffles gallery space
The remodeling of third-floor galleries will create more space for the IMA’s growing design-arts collection.
Read MoreCity seeks firm to manage events on the Central Canal
The city put out a request for proposals seeking companies that would schedule and oversee events such as weddings and Fourth of July celebrations on the city-owned portion of the walkway.
Read MoreMarcadia may fetch up to $537 million in sale
The December sale of Carmel-based Marcadia Biotech to Roche garnered at least $287 million—and as much as $537 million—for the company’s owners and could lead the Marcadia management team to launch a firm using one of Marcadia’s experimental diabetes medicines.
Read MoreRepublic Airways expands contract with Delta
When the locally based airline bought Frontier and Midwest, some predicted big carriers like Delta would stop doing business with Republic.
Read MorePROXY CORNER: Hurco Cos.
Indianapolis-based Hurco Cos. designs and produces interactive computer controls, software and computerized machine systems for the worldwide metal-cutting and metal-forming industry.
Read More