OCTOBER 3-9, 2011
This week, find out why Rolls-Royce Corp. is bringing a new production line to Indianapolis and what inspired Fifth Third Bank to make a $5 million gift to Wishard Memorial Hospital. In Focus, we report on why the nursing shortage is expected to get worse after abating during the recession. Also check out Who's Who in Education.
Front PageBack to Top
Lucas Oil beefs up bandwidth to prep for Super Bowl
Wireless providers are picking up the cost of a multimillion-dollar bandwidth upgrade in and around Lucas Oil Stadium.
Read MoreBallard fulfilled some pledges; others fell by wayside
The Republican mayor says he curbed crime, made government transparent, and pushed for property tax reform. His Democratic challenger says Ballard didn’t make good on repealing an income tax increase, hiring hundreds of police officers, or making education a top priority.
Read MoreCandidates’ pledges keeps the campaign rhetoric flowing
Melina Kennedy, the Democrat taking on Mayor Greg Ballard in the November election, has made some campaign promises of her own. And some in Ballard’s camp have questioned whether she’ll be able to bring those to fruition.
Read MoreIncentives flow to tech firm Positron, despite red ink
The molecular-imaging company is trying to transition its business model and get beyond a going-concern warning.
Read MoreTop StoriesBack to Top
Rolls-Royce labor deal lures jobs
Rolls-Royce Corp.’s Indianapolis plant is preparing to become the global manufacturing site for a large jet-engine component, the banded stator. Rolls-Royce will shift production from an outside supplier, creating 100 jobs.
Read MoreBurn treatment inspires Fifth Third’s $5M Wishard gift
Fifth Third Bank executive Kevin Hipskind's experience as a patient in the burn unit of Wishard Hospital played a role in a $5 million gift the Cincinnati-based bank is making for Wishard’s new Eskenazi Hospital, under construction at IUPUI.
Read MoreTeam-building exercises remain popular, but do they work?
Even in today’s tight economy, the trend of organizing off-site team-building exercises for employees is still going strong.
Read MoreSuit says Irwin Union Bank execs missed snowballing risk
The bankruptcy trustee's suit against the top three officers of the bank's parent seeks more than $500 million.
Read MoreParking already at a premium at Rivers Edge shopping center
The 617 parking spaces at the newly renovated Rivers Edge shopping center meet the minimum commercial-zoning allotment—but just barely.
Read MoreFocusBack to Top
Recovery likely to worsen nursing shortage
The recession pushed some nurses out of retirement and others into full-time jobs. But the nurse shortage is expected to resume as the economy improves.
Read MorePANEL: Reforms to rapidly reshape health care
Reform-induced changes dominate health care panel of health care experts convened by Indianapolis Business Journal.
Read MoreLilly’s Alimta get favorable opinion for new use in Europe
If approved for continuation maintenance, Eli Lilly and Co.’s Alimta could be used for longer stretches in lung cancer patients, generating more revenue.
Read MoreOpinionBack to Top
EDITORIAL: Software Artistry a success story all can celebrate
The help-desk software maker spawned at least 15 tech startups here … and unleashed a torrent of investment capital and talent that continues to fuel a critical sector of the local economy.
Read MoreMAURER: Georgia on our minds as election nears
I favor a temporary change to reflect our hospitality to the Super Bowl—the hokier the better. Consider Dungy Drive or Bowl Me Over Boulevard.
Read MoreRUSTHOVEN: How is Obamanomics working for you?
The Obama vision of “fairness” demands higher taxes even when they help no one, reducing revenues and raising deficits.
Read MoreKLACIK: Many top-10 lists should be deep-sixed
Sometimes, there’s little difference between No. 10 and No. 11—or even No. 25 for that matter.
Read MoreSolar farm is a tax
The fundamental economic principle behind this project is outrageous and unjustifiable payments to be made by IPL to the airport (and by extension, the project developer/operator) under its “Renewable Energy Production” tariff.
Read MoreInsurance column made good points
Anita Woudenberg’s [Sept. 12 Forefront column] made a lot of good points about how Hoosiers can solve our own insurance problems in a less-expensive manner than that of a federal mandate.
Read MoreKostas is the real deal
I was amused after reading the Sept. 26 letter to the editor from District 4 Republican City-County Councilor Christine Scales.
Read MoreOne Republican worth your vote
The main reason I would vote to re-elect Mayor Ballard is that I am an avid and devoted cyclist.
Read MoreHICKS: Some long-dead economists worth a listen
It is a bit too early to tell what this recession and recovery will do to the reputation of the many economists who prognosticated through it. But one thing is for certain: It has provided much publicity for many long-dead economists.
Read MoreKIM: The U.S. recession, through the looking glass
There is an unconventional school of thought that says the recent Great Recession was … a balance-sheet recession.
Read MoreIn BriefBack to Top
Kurt Vonnegut library battles book bans
The library is giving copies of “Slaughterhouse-Five” to students in Republic, Mo., where school officials have deemed the book inappropriate.
Read MoreMarion County could get windfall from property tax sale
The sale of tax-delinquent properties brought in $13 million above the city’s expenses.
Read MoreHall Render is country’s second-largest health care law firm
The Indianapolis-based firm has held the rank the past three years and has been listed among the top-five health care firms since 2004.
Read MoreMarketing firm MB2 Advertising lands high-profile global account
The local firm will provide Georgia-based EyeLevel Interactive with a variety of media services.
Read MoreVeteran broadcaster Ahern joins Indiana Historical Society team
The retired WISH-TV anchor will be a community affairs adviser and make presentations at the history center.
Read MoreCoca-Cola program features Simon Youth Foundation
The local supporter of alternative high schools across the country hopes the soft-drink maker’s rewards program will score national exposure.
Read MoreAngie’s List becomes main Sarah Fisher Racing sponsor
The local consumer services firm will become the primary sponsor for the car driven by Tomas Scheckter.
Read MoreCook family provides funding for Rose-Hulman bioscience lab
The $500,000 gift will help further a decade-long expansion of the school’s life sciences curriculum.
Read MorePROXY CORNER: Calumet Specialty Products
Indianapolis-based Calumet Specialty Products Partners LP processes crude oil into a variety of customized lubricating oils, solvents and waxes, as well as into gasoline, diesel and jet fuel.
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