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IBJ nabs prestigious business-journalism award IBJ received a national first-place prize for general excellence at the Society of American Business Editors and Writers annual conference on April 27 in Denver. The newspaper won in the weekly publication category, which includes regional business journals of all circulation sizes. Judges wrote: “The Indianapolis Business Journal was a […]

HEALTH CARE Pharma sets sail to China Drug companies-including Indianapolis-based Eli Lilly and Co.-are looking to ramp up sales internationally as the U.S. market contracts for the first time in 50 years. Sales of pharmaceuticals will fall 1 percent to 2 percent in the United States this year, according to a revised forecast from Connecticut-based […]

REAL ESTATE Local engineering company buys former CP Morgan HQ A local company that had planned to build a new headquarters at Anson, near Zionsvillle, decided instead to buy the former headquarters of the defunct home builder CP Morgan near 96th Street and Gray Road. Performance Services Inc., an engineering and construction company serving educational […]

GOVERNMENT Indiana’s college savings plan ranked among nation’s best C h icago -ba se d investment research firm Morningstar Inc. has named Indiana’s CollegeChoice 529 Direct Savings Plan one of the nation’s five best. State Treasurer Richard Mourdock, chairman of the Indiana Education Savings Authority, hired Massachusettsbased Upromise Investments last September to administer the plan. […]

The Hutson School 5815 E. 38th St. Indianapolis, IN 46218 *moving to 7245 E. 75th St. in June Phone: (317)377-0544 Fax: (317)377-0608 Web site: www.hutsonschool.orgFounded: 2000 Paid employees: 18 Highest-paid staff member: Janet L. George, head of school, $60,000 Top volunteers: Sherri Diggle, Mighty Oaks Task Force coordinator, seven years; Shelly Penny, reading fluency, eight […]

ENVIRONMENT Feds fuel diesel program Among the billions and billions of dollars the federal government is showering on states through the American Recovery and Reinvestment Act is about $2 million Indiana plans to bestow in the form of grants to make diesel engines less-polluting and more efficient. The Indiana Department of Environmental Management will use […]

Simon article smacked of opinion I was disappointed by the [April 20] “special report” criticizing the relationship between the Simon organization and the city of Indianapolis. The article belonged on the editorial page, not the front page. I wonder if your reporter is even old enough to remember what downtown Indianapolis was like 15 or […]

RETAIL Startup applies Netflix model to clothing for children A Brownsburg entrepreneur has launched a company based on the premise that parents will pay a monthly subscription fee to ensure their baby girls are always decked out in the hippest threads. The Wow Clothing Club is offering the temporary use of hundreds of boutique-style children’s […]

MEDIA & MARKETING Panther Racing sues Pathway Productions Indy Racing League team Panther Racing has filed a lawsuit against locally based video and Web production company Pathway Productions, which is now owned by Mays Chemical Co. President William Mays. The lawsuit seeks $1.58 million. Panther co-owner John Barnes claims Pathway failed to develop Web-based interactive […]

IRL could have large audience in China The Indy Racing League is taking a serious look at holding a race in China as early as 2011. Series officials said there are several good reasons why the league may want to head to the nation of 1.33 billion people. “Obviously it’s a very big market, and […]