MAY 28-JUNE 3, 2012
This week, find out why area hospitals are experiencing some buyers remorse and read about what has leaders at the Indianapolis Museum of Art optimistic about the future. In Focus, see who's taking the plunge into entrepreneurship. And in A&E, Lou Harry flies through the Indianapolis Zoo's newest exhibit.
Front PageBack to Top
Developer Kite to remake key corner in Carmel
Kite Realty Group Trust is planning a Rivers Edge-like overhaul of two shopping centers it owns at 116th Street and Rangeline Road in Carmel. The Indianapolis-based real estate firm already has landed new tenants, including a natural and organic grocery store and a handful of restaurants.
Read MoreMentors give entrepreneurs a business boost
Good mentors can make a world of difference to up-and-coming entrepreneurs. Countless business owners find themselves in need of a gut check from time to time and, these days, mentors are an essential part of their toolkit.
Read MoreLawsuit takes on debt-modification firm
A lawsuit filed in Georgia against an Indianapolis firm that helps consumers settle debt is just one in a parade of complaints targeting the industry.
Read MoreTop StoriesBack to Top
Physician buyouts bruising hospitals
As St. Vincent Health has nearly doubled the number of physicians it employs over the past two years, the losses on those practices have mounted. And the same thing is happening at all the major Indianapolis hospital systems, as all have spent the past four years aggressively acquiring physician practices.
Read MoreSierra Club pressures utilities to find alternatives to coal
Dave Menzer, director of the Sierra Club’s new “Beyond Coal” campaign in Indiana, aims to spark discussion about the health and environmental costs of the state’s bituminous bounty that for years has brought relatively cheap electric rates.
Read MoreEndowment’s resurgence emboldens IMA’s leaders
After three years of shrinking budgets, Indianapolis Museum of Art leaders are ready to leave the lean times behind. The IMA’s endowment, which has covered close to 70 percent of operating expenses, is on the rebound and reached $324 million at the end of last year.
Read MorePlayoff run pushes Pacers closer to profitability
The Indiana Pacers’ playoff run and a decreased player payroll—along with $10 million from the city’s Capital Improvement Board—have brought the team closer to breaking even this year, but not out of the red, sports business experts say.
Read MoreFort Wayne health IT firm looks to Indianapolis for talent
By the end of 2012, Medical Informatics Engineering anticipates that its six-person Indianapolis workforce will have doubled to 12, then to as many as 25 over the following year or so.
Read MorePrice pressures could ground Lilly’s growth
Most analysts agree with Eli Lilly and Co.’s prediction that, after tough years from 2012 to 2014, the drugmaker will begin growing sales and profits again. But in a new report, BMO Capital Markets predicts Lilly will get stuck at a reduced level of revenue and profit in 2014 and stay there for years.
Read MoreFocusBack to Top
For graying generation, startups are booming
Since the 1990s, the demographic makeup of new entrepreneurs has been steadily shifting toward baby boomers as they seek personal and financial fulfillment. Count Fountain Square Brewing Co.’s Bill Webster among them.
Read MoreNot-for-profit hoping to grow microloan program
Small amounts of funding often ignored by larger banks.
Read MoreOpinionBack to Top
EDITORIAL: Pacers recovery well-timed
The Indiana Pacers have returned to relevance in the NBA and in the eyes of local fans.
Read MoreMAURER: Mourdock too right for Republicans
The average Hoosier voter is about to be flimflammed.
Read More‘America’s best senator’ turned away
Don’t get involved in politics unless you’re prepared at times to have your heart broken.
Read MoreMake new police chief a regional pick
It’s time for Indianapolis to reach across geographical boundaries to ask for input, help and support as it works to transform Indianapolis Metropolitan Police Department so it can work on restoring public confidence and ultimately safer streets.
Read MoreHICKS: Lasting meaningful change requires patience, fortitude
This new birth of freedom is the largest in human history, and only a handful of truly totalitarian states still linger today.
Read MoreKIM: Talk to your spouse early about money, big issues
Do you and your spouse (or significant other) share exactly the same opinion on financial matters, such as spending, saving, borrowing and investing? If so, you’re in a very small minority of couples.
Read MoreSmoking, family values inconsistent at best
I don’t understand how Angel Rivera can write that Ryan Vaughn is a man of family values.
Read MoreKennedy misunderstands conservative Republicans
For the life of me, I don’t understand Sheila Suess Kennedy at all and, of course, she doesn’t get me.
Read MoreIn BriefBack to Top
Retail lineup taking shape for CityWay project
CityWay has landed a fine dining restaurant, a mixology bar, a Qdoba and a frozen yogurt shop as developer Buckingham Cos. turns its attention to the retail portion of the $155 million mixed-use project.
Read MoreBKD selects Dickman as managing partner
The head of the national accounting firm’s Indianapolis office will lead the entire company effective June 1.
Read MoreLive Nation drops beer prices at outdoor concert venues
The $2.75 drop is meant to enhance the concert experience at Klipsch Music Center and The Lawn at White River State Park.
Read MoreIndiana struggling to distribute foreclosure aid funds
The $182 million awarded to the state by the federal government was based on the unemployment rate, which is falling.
Read MoreHoward officials OK hospital merger with Community
The merger of Kokomo’s Howard Regional Health System into Indianapolis-based Community Health Network received final approval Tuesday night.
Read MoreShareholders vote disapproval of Simon’s $120M bonus
Shareholders of Simon Property Group Inc. sent a resounding message to the company that they don't approve of a $120 million retention award given to CEO David Simon.
Read MoreChildren’s Museum selects developer for Winona site
Local affordable housing developer The Whitsett Group has been chosen to redevelop the site on North Meridian Street. Its other major development is a $22 million project set for the former Keystone Towers site.
Read MorePROXY CORNER: Ameriana Bancorp
New Castle-based Ameriana Bancorp operates more than a dozen banking offices in north-central and central Indiana.
Read More