APRIL 1-7, 2013
This week, forget about partisan bickering on Obamacare and read about how three Indianapolis businesses will approach insuring their employees when reform takes effect. Anthony Schoettle reports on an ambitious plan to overhaul the management teams for the Indianapolis Motor Speedway and IndyCar Series. In Focus, learn about how the massive Chrysler and General Motors plants in Kokomo are taking different paths to prosperity. Also in this issue is IBJ's annual Golf & Travel Magazine, with the lowdown on nearly every course in the state and a report on how the 2012 drought has heated up competition. And in Forefront, take a front seat to the debate over how the state Republican party will handle its newly dominant position in Indiana politics.
Front PageBack to Top
Olympic snub is sharp blow for Lucas Oil Stadium
USA Swimming’s decision to torpedo a bid to host the 2016 Olympic Swim Trials at Lucas Oil Stadium casts doubts on the venue’s chances for future big-time, non-traditional events.
Read MoreCrunching the numbers on Obamacare
The biggest changes from President Obama’s 2010 health reform law take effect nine months from now, so many Hoosier employers have started crunching detailed numbers to cost out their options.
Read MoreExactTarget lands on tech shopping list for buyout
ExactTarget Inc.’s strong position in digital marketing has made the Indianapolis company a tempting acquisition target for Salesforce.com and other tech-industry suitors, Wall Street analysts believe.
Read MoreTop StoriesBack to Top
Miles hits throttle on overhaul for IndyCar, IMS
Hulman & Co. CEO Mark Miles is revving up an ambitious plan to overhaul the IndyCar Series and Indianapolis Motor Speedway management team. He wants to develop a revenue-sharing plan that assures the series and the tracks that host its races are motivated to roll in the same direction.
Read MoreGraphic designer advises marketers on nuances of reaching Latinos
Advertiser Carlos Sosa has designed some very recognizable work—including logos for IndyGo and the Indianapolis Indians—but he is more focused these days on helping businesses more effectively market to the Indianapolis Latino community.
Read MoreLand prices creeping up after collapsing in bust
Ultra-cheap residential land is disappearing quickly as home-building activity rebounds from the Great Recession.
Read MoreLatest ChaCha version taps new source for answers
The iKnow system will be introduced alongside other changing features with the launch of ChaCha 2.0, which will likely happen in early April, company founder Scott Jones said.
Read MoreLocal REITs charge ahead of pack in bull market
Indiana real estate investment trusts are hitting new highs while outpacing the bull market and their peers in the usually hardy and suddenly hot sector.
Read MoreFocusBack to Top
Chrysler, General Motors plants take divergent paths
In Kokomo, Chrysler plants rise with the resurgent automaker, while a GM plant across the highway hasn’t been so fortunate.
Read MorePush for I-70 truck lanes hits roadblock in study
Economy, high cost of construction cited as factors.
Read MoreOpinionBack to Top
EDITORIAL: IEDC secrecy draws needed light
Current and past leaders of the Indiana Economic Development Corp. should note that their lack of transparency on jobs has created a small miracle: virtual unity in the General Assembly.
Read MoreMAURER: Want money? Have an idea and a plan
I have a favorite excuse for failure in business: “It takes money to make money.”
Read MoreFEIGENBAUM: Gambling predicament worse than feared
Gambling revenue for 2012 was down more than $110 million from 2010, and year-over-year revenue has tumbled in three consecutive years.
Read MoreRUSTHOVEN: Tails ought not wag the dog
Mike Pence has been governor almost three months, so The Indianapolis Star’s Matt Tully has decided it’s time to quit stalling and simply declare Pence a failure.
Read MoreWILLIAMS: Cost-cutting obsession is myopic
Often with great pride, elected officials and those seeking elective office exclaim that Indiana is a paragon of fiscal probity and that bountiful state reserves demonstrate the caliber of Hoosier leadership.
Read MoreRACE: Zoning overhaul might not go far enough
Indy Rezone won’t change the city’s timid approach to planning.
Read MoreHICKS: Major sea change about the debt under way
A public fight has emerged among economists over the past few weeks, which likely spells major policy changes over the coming years.
Read MoreKIM: Discipline in the short term required for long-term gain
Investors fret about the stock market. The market has more than doubled from its low four years ago. Am I too late? There is still so much uncertainty, here and abroad. Are stocks too risky?
Read MoreBiologics misunderstood
In “Profits at center of biosimilars debate” [March 18], the author refers to attempted copies of biotech medicines as “generic biotech medicines.” This demonstrates a fundamental misunderstanding of biosimilars.
Read MoreHealthy Indiana Plan has too little capacity
As a leader in the United Methodist faith tradition, I and our church are called to reach out to the poor and society’s marginalized.
Read MoreIn BriefBack to Top
PROXY CORNER: ITT Educational Services
Carmel-based ITT Educational Services Inc. provides technology-oriented, post-secondary education, including associate’s, bachelor’s and master’s degrees as well as non-degree programs.
Read MoreHealth records operation looking to raise $20M
The Indiana Health Information Exchange Inc. hopes to raise roughly $20 million over three years to take its health information technology services to hospitals around the country.
Read MoreCeladon says new driver-training facility to create 500 jobs
The Indianapolis-based trucking firm first announced plans for the driver-education center in January, but has since expanded the project and employment projections while seeking state incentives.
Read MoreZoo kicks off public phase of orangutan campaign
Indianapolis Zoo leaders staged a pep rally at Bankers Life Fieldhouse to garner support for what they call the “new team in town”—the seven orangutans expected to take up residence at the end of the year.
Read MoreBru, Mesh owner planning third eatery in Mass Ave neighborhood
Mike Cunningham has signed a letter of intent to buy a building at 620 N. East St. that he said would house a "new American diner."
Read MoreWhole Foods shelves store slated for Fishers
High-end grocery chain Whole Foods Market Inc. wants to triple the number of stores it operates, but the company has bagged plans for a location on 116th Street in Fishers.
Read MoreVeteran residential launches own real estate firm
Joe Everhart, who had spent 20 years at the Sycamore Group, opened his own business at 716 Massachusetts Ave.
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