NOVEMBER 1-7, 2010
This week, read about how the developers of the Di Rimini apartment complex escaped oversight after the project was approved and find out why WXIN-TV Channel 59 is adding more local newscasts. In Focus, see what BioCrossroads is doing to keep laid-off life science workers in the area. And check out the latest installment of Mickey Maurer's advice for entrepreneurs.
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Eli Lilly will have to beat odds to meet drug-rollout goals
Eli Lilly and Co. executives have said repeatedly that the company’s bulging pipeline will produce two new drugs per year, beginning in 2013. But only three times in the past six decades has Lilly been able to launch two or more new drugs in back-to-back years.
Read MoreCritics say state ethics panel too lenient
The Indiana State Ethics Commission, which has been under fire for allowing a state regulator to take a job with a utility, has a long history of lenient decisions.
Read MoreOaks Academy pondering how to fund a second location
Local leaders are encouraging The Oaks Academy to duplicate its successful urban private school model at a second location as part of the massive investment in near-east-side redevelopment spurred on by Indianapolis’ successful bid for the 2012 Super Bowl.
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Di Rimini violations reveal holes in process that relies on trust
Brazen violations of city design guidelines and state building codes by the developer of the Di Rimini apartments cast a spotlight on what is essentially an honor system of regulation for developers once they win approval for their projects.
Read MoreCity seeks privatization of Velodrome
City officials are hoping that privatizing the Major Taylor Velodrome, which now is in disrepair, will breathe new life into the cycling venue built in 1982 as a key part of Indianapolis’ efforts to become a sports capital.
Read MoreLocal Fox affiliate fattens up on news
Since 2004, WXIN-TV Channel 59 in 2004 has gone from airing 18-1/2 hours of live local news a week to 54-1/2 hours. And if everything goes as planned, by the end of 2012 it will add a 6-7 p.m. newscast weekdays, bringing the total to an astonishing 59-1/2 hours.
Read MoreDon Marsh, grocery chain he led no closer to making peace
Time has done nothing to settle a dispute between the former executive and the private equity firm that bought his family’s business. They are gearing up for an October 2011 trial.
Read MoreNew parking meter plan could yield Indianapolis more cash
The revised plan calls for less money up front, more over the life of the contract and more flexibility to terminate the 50-year deal early.
Read MoreDowntown apartment developers take divergent paths to financing
J.C. Hart Co. spent more than a year securing a $5 million bank loan to expand an existing project; Buckingham Cos. turned to the city to finance its ambitious project just north of the Eli Lilly and Co. campus.
Read MoreIndiana life sciences sector copes with shrinking VC pool
Venture funds nationwide crested at $100 billion in 2000, but that number last year had drooped to $18 billion.
Read MoreCash crunch hits Indianapolis Urban League
After losing a key grant, Indianapolis Urban League laid off employees and failed to make three months' worth of retirement payments into one former worker's account—something that was remedied after the worker complained to the Labor Department.
Read MoreFocusBack to Top
BioCrossroads helping laid-off life sciences workers land safely
Indiana firms have dismissed more than 1,400 life science workers over the last two years. Now BioCrossroads has launched a website that aims to keep that talent in the state.
Read MoreFormer IU tech-transfer chief: State isn’t competitive enough
Mark Long was president of the Indiana University Research & Technology Corp., which was responsible for the university’s tech transfer, before launching a consulting firm, Long Performance Advisors, in 2008.
Read MoreOpinionBack to Top
EDITORIAL: A last chance for City Market
We like the changes afoot at City Market. But if the latest attempt to reposition it doesn’t work, the city should consider mothballing the beloved old building until its surroundings become a benefit rather than a liability.
Read MoreMAURER: Have patience with profits
To create a disciplined investment philosophy, I evolved “The Ten Essential Principles of Entrepreneurship You Didn’t Learn in School.”—Over the course of 10 columns, I will feature each of these essential principles. This is the eighth installment.
Read MoreMARCUS: Only tell the good news; why excite people?
You have to love them—the professional spinners, public and private. These are not the public relations people who work for large companies and government agencies. No. These are the corporate leaders and the public officials who listen to the PR people.
Read MoreHENDERSON: Thinking outside the neurotypical hiring box
There’s a screening process we often use in the human resources process that’s meant to identify prospective candidates. It needs re-thinking.
Read MoreSKARBECK: Changes on horizon for mutual fund fees
The U.S. Securities and Exchange Commission is proposing significant changes to the structure of the annual marketing or distribution fee on mutual funds known as a 12(b)-1 fee.
Read MoreThis election, take note of ‘opportunity cost’
I think it is an idea that separates those who make decisions from those who want to talk about them and, in application, is an idea that distinguishes serious from unserious people.
Read MoreTime for townships has passed
I am in agreement with the IBJ position [stated in the Oct. 25 editorial]. It is time to abolish townships and shift their revenue and responsibilities to their respective counties.
Read MoreMeter deal not in city’s interest
It’s easy to see that a deal that gives away billions of dollars over 50 years to a private company might not be the best deal for the citizens of our city.
Read MoreIn BriefBack to Top
United Way hires public policy chief to focus on education issues
The position at United Way of Central Indiana had been vacant because of budget issues.
Read MoreEmployee ire forces IU to pull wellness survey
Indiana University will no longer ask employees to fill out an online health risk assessment after more than 550 people—many anonymous—attached names to an online petition that said the plan would cause “widespread anger and disillusionment.”
Read MoreDanica Patrick again voted most popular by IRL fans
The awards were determined by votes of fans at IRL events throughout the season and on indycar.com.
Read MoreScandal fallout plagues Duke Energy’s Edwardsport project
Regulatory proceedings involving the coal gasification plant are being delayed while investigations continue over conflicts of interest at the IURC.
Read MorePlans for Kroger-anchored center in west Carmel fall through
The grocer might reconsider the Altum Garden’s site if economic variables change.
Read MoreDelta Faucet parent struggles through rocky housing market
Masco Corp., based in Taylor, Mich., reported a third quarter loss, but its plumbing division eked out a gain.
Read MorePROXY CORNER: The Finish Line Inc.
The Finish Line Inc., 3308 N. Mitthoeffer Road, Indianapolis, www.thefinishline.com, is a specialty retailer of brand-name athletic and leisure footwear, activewear and accessories.
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