Indianapolis Business Journal

Downtown TIF expansion in works

Mayor Joe Hogsett’s administration is targeting the former General Motors stamping plant site on the west side, where development plans have stalled, and the upstart Market East District on the opposite end of downtown.

New program lifts financial barrier that keeps new blood off boards

The Indianapolis Foundation is placing 10 individuals on 10 local not-for-profit boards—and giving them $10,000 a year to contribute to the organizations they're serving.

Both Gregg, Holcomb favor ‘all-of-the-above’ energy strategy

Based on their records and campaign promises, neither of the major party candidates for governor seem likely to radically reshape Indiana’s energy policies.

NCAA shakes up ad strategy

The NCAA for the first time this year debuted an ad campaign in the fall rather than during the Final Four basketball tourney. The NCAA has also turned to celebrity endorsers.

Beaten-up trucking firm sees rebound on horizon

Economic conditions have meant a bumpy ride for trucking companies, but Indianapolis-based Celadon says it’s buckled in for the long haul.

IPS revamps budget to better fund schools with poor students, key grade levels

The new system is also meant to give school-level administrators more autonomy to develop programs and find efficiencies.

Shareholders of Republic Airways flex muscle in bankruptcy

Two hedge funds that own a quarter of the stock argue the Indianapolis-based carrier, which flies commuter routes on contract for the nation’s biggest airlines, really wasn’t insolvent when the company filed for bankruptcy—a move that gave it the leverage to negotiate much more favorable pacts with Delta, United and American. And with those deals now sealed, the outlook is even brighter.

HOOSIER BEACON: Richard Lieber founded Indiana’s park system

Though lacking any state funding, Lieber proposed that the state’s 1916 centennial should be celebrated through the creation of a state park system. The first two state parks, McCormick’s Creek and Turkey Run, both opened in December of that year.

High-end retailer West Elm plans Mass Ave hotel

The retail chain plans to open a line of West Elm hotels, with five locations beginning to open in late 2018—including one in the former Coca-Cola bottling plant.

Three massive industrial projects on tap for Plainfield

The buildings will add 1.8 million square feet to the town’s already robust distribution market and will be built on a speculative basis, indicating healthy demand for such space.

Health advocates gain favor to help employees navigate health care complexities

Employers began hiring health advocates in earnest nationwide about four years ago, fueled by implementation of the Affordable Care Act and growing public awareness that provider rates and quality can differ greatly.

New firm focuses on innovations, including ‘ear in a dish’

In a Q&A, Monon Bioventures CEO Joe Trebley talks about the goals and ambitions of his one-year-old firm.

DVORAK: Make repeal of medical device tax permanent

With the temporary tax suspension, device companies are once again reinvesting in development of the next generation of life-changing medical devices.

IU Research and Technology Corp. moves from canal to campus

A center that helps Indiana University researchers commercialize their discoveries has moved its operations to be closer to faculty, industry and research partners.

Feds seek letters allegedly showing disputes between Anthem, Cigna

Anthem Inc. and Cigna Corp. are refusing to provide letters between the two insurers that the U.S. government contends will show that they get along so poorly that they wouldn’t be able to effectively merge.

Noblesville drug companies terminating 195 employees

Pharmakon Long Term Care Pharmacy Inc. and sister firm Pharmakon Pharmaceuticals Inc. plan to eliminate 195 employees at their headquarters by the end of the week, the owner of the companies said.

EDITORIAL: De-politicize map making

Turning map-making over to an independent commission can’t be the only goal. The state must set priorities for fair districts.

MORRIS: Aggressive panhandling bad for biz

It’s time for the city to take another look at a problem that only seems to be getting worse.

BART PETERSON: Embracing the ‘connectivity economy’

To succeed in the 21st century, we need easy access—and we need to be easily accessible to—markets, ideas, capital and talent from coast to coast and around the world. Those are the four elements of the new connectivity economy.

WESTERHAUS-RENFROW: For future negotiating success, get gritty

Grit is a collective mind-set of hardy character traits and personal resilience. Research shows grit is a better predictor of long-term success than IQ and conscientiousness.

SKARBECK: Crisis in student loans requires bold solutions

Cracks are widening in the growing student loan crisis.

BOHANON & STYRING: Government pension plans don’t always pay up

There is the real political risk that the governmental unit might not make the necessary pension fund contributions. Mary retires and there is nothing in the kitty except the promise to tax current taxpayers to pay Mary’s pension.

Columnist unfairly attacked UIndy student for activism

Arab and Muslim college student activists are under attack. If they show solidarity with the people of Palestine and call for an end to the Israeli occupation, their activities are scrutinized and they are harassed. Across the country, these student activists have been called “terrorists” or “anti-Semitic” for their criticism of Israel. In Indianapolis, our […]

Pedal pubs don’t need more regulations

Is there some sort of huge problem with “pedal pubs” [City councilors seek restrictions on booze-cruising pedal pubs, IBJ.com, Sept. 22]? We have two pedal pubs in Marion County and they have been operating for several years now. Both businesses have liability insurance out the wazoo. Where is the huge problem that is being solved […]

Indy-based T2 Systems selling to private equity firm

Mike Simmons, one of the parking software company’s co-founders, said Thursday he will step down from his position as CEO following the closing of the deal.

Construction companies chosen for Ikea’s Fishers store

Swedish retail giant Ikea has hired a slew of contractors to build its Fishers store and is on schedule for a fall 2017 opening, it announced Wednesday.

Indiana Hospital Association names its next president

Brian Tabor, currently an executive vice president at the organization, will take over as president next year.

Indianapolis attorney named managing partner at Faegre Baker Daniels

Longtime Indianapolis attorney Tom Froehle will take over the positions March 1, succeeding Andrew Humphrey as chairman and managing partner of the international law firm, it announced Wednesday.

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Veteran TV reporter Jim Shella to retire from WISH, ‘Indiana Week in Review’

Shella will cap his 40-year career with coverage of the 2016 election, saying it is a “really good time to sign off.”

Shapiro’s plans brand expansion into Cincinnati market

The restaurant in Blue Ash, northeast of Cincinnati, is expected to open next spring.