FEBRUARY 21-27, 2011
This week, see why farmers' markets are sprouting up during the winter and read about fans' growing interest in the Indiana Pacers. In Focus, get a look at Eli Lilly and Co.'s master real estate plan. And in A&E, Style columnist Gabrielle Poshadlo introduces some local personal shoppers.
Front PageBack to Top
Emerging markets give Lilly hope in patent crunch
In a kind of alternate drug universe, sales of Eli Lilly and Co.’s ghosts of blockbusters past are soaring in China—prompting the drugmaker to pour money into emerging markets in an attempt to prop up revenue.
Read MoreCalifornia investor losing grip on holdings
Blue Real Estate defaulted on a $17.5 million loan for six buildings in Park 100, according to a mortgage foreclosure suit Bank of America filed this month in Marion County.
Read MoreBudget would take slice out of growing horse industry
A move by budget-makers to tap the kitty that feeds the state’s horse-racing industry could deal a blow to the business just as Indiana is starting to gain ground on its neighbors.
Read MoreTop StoriesBack to Top
Bills seek utility rate flexibility to comply with EPA mandates
Indiana’s utilities have energetically sought legislation this session that would allow them to quickly charge ratepayers for the cost of new federal mandates to reduce pollution.
Read MoreGrowth in farmers’ markets continues into winter months
The U.S. Department of Agriculture says there are about 900 winter farmers’ markets in operation—a 17-percent increase over the past two years. Two thrive locally, one downtown and one in Zionsville.
Read MoreCouncil may give up crime-grant duty to Parks Foundation
Under a proposal on its way to the City-County Council, the Indianapolis Parks Foundation would oversee millions of dollars in tax-supported grants for crime prevention.
Read MoreNew coach amps up fan interest in Pacers
Much of the credit for the team’s recent upswing—on the court and with fans—is going to the team’s new head coach, Frank Vogel. But he is only the interim head coach, and his future with the team is uncertain.
Read MoreThousands of IU Health patients getting hotel-stay discounts
A program to help Indiana University Health patients get discounted hotel rooms has ballooned in recent years to the size of a midsize convention.
Read MoreIndianapolis’ ‘well-designed’ flag flies below radar
The Indianapolis city flag turns 50 next year, but considering that urban design experts note the flag isn’t exactly plastered all over town, it’s probably a safe bet this is one golden birthday that won’t be much of a party.
Read MoreFocusBack to Top
Lilly’s master plan for downtown (real estate)
As Eli Lilly and Co. outsources work and sheds unnecessary properties, it is making moves with surplus real estate that could establish the strongest physical connection between Lilly and downtown since the company was founded at Pearl and Meridian streets 135 years ago.
Read MoreDuke Realty sells offices in shift toward industrial
Strategy also calls for greater Southeast presence, less investment in the Midwest.
Read MoreFourth-quarter commercial real estate stats for Indianapolis
Statistics for Indianapolis office and industrial property.
Read MoreOpinionBack to Top
EDITORIAL: Legislators need to create jobs, not kill them
Sadly, a legislative body supposedly focused on job creation continues to willfully disregard the advice of the very business community that is expected to create those jobs.
Read MoreMAURER: By George, a presidential puzzle
Celebrate Presidents Day by working a crossword puzzle from Mickey Maurer.
Read MoreMARCUS: Rethink government consolidation now
Why isn’t our Legislature shredding the fabric of community government by disbanding cities and towns that are only artifacts of horse-drawn days?
Read MoreSHOBERT: Indiana continues to mind the store
Indiana’s current fiscal position points a way forward, illuminating what the next decade of good government, and good partnership between municipalities and businesses, should look like—not only at a regional level, but for the nation as a whole as well.
Read MoreFEIGENBAUM: Gambling and guns create legislative fireworks
At least one Indianapolis legislator has quietly investigated allowing casinos to collaborate on a temporary downtown facility, and Republican Indianapolis Mayor Greg Ballard has publicly not ruled it out.
Read MoreHICKS: Productivity gains make for jobless recovery
It is an old story, but a nevertheless disheartening one. It is also a tale rich in its implications for young workers.
Read MoreSKARBECK: Get set for a landslide of social media IPOs
Social media seems to be the talk (or, um, tweet) of the town these days. While hundreds of millions of people are using these tech media to interact with one another, the question investors are trying to answer is, what are these businesses worth?
Read MoreArmageddon does not lie ahead
We at City Securities Corp. disagree with those predicting Armageddon. It is our belief that the vast majority of municipal issuers nationally are in sound financial condition.
Read MoreDefense industry loss
What IBJ fails to disclose are the 14,580 permanent jobs lost in Indiana in our defense industry over the past 30 years.
Read MoreIn BriefBack to Top
Reform, revenue behind Franciscan expansion
Changes unleashed by health reform are pushing Franciscan St. Francis Health’s expansion into Hamilton County—in addition to the obvious pull of the area’s well-heeled population.
Read MoreJust Marketing International expands in Daytona, Charlotte
The local motorsports marketing firm employs about 90 in its Zionsville office.
Read MoreIndianapolis business community pitches in for Ugandan school
Building Tomorrow, which builds schools in Africa, usually finds its support on college campuses.
Read MoreNear-east-side business district gets new tenant—a yoga studio
The budding commercial district, dubbed 10 East Main Street, landed Metta Yoga at 2807 E. 10th St.
Read MoreMarriott signs multi-year deal to sponsor USA Football
The giant hotel chain is now the official hotel of the Indianapolis-based sports governing body.
Read MoreDegree in clean energy to be offered at IUPUI
The bachelor’s in energy engineering and technology is believed to be one of only a handful of such programs offered around the country.
Read MorePROXY CORNER: Bioanalytical Systems Inc.
West Lafayette-based Bioanalytical Systems Inc. is a provider of contract-research services to the pharmaceutical industry.
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