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IU names research affairs director-WEB ONLY

April 27, 2009

Dr. David S. Wilkes will succeed Dr. Ora Pescovitz as the Indiana University School of Medicine’s executive associate dean of research affairs, the school announced this morning. Wilkes, a professor of biochemistry, molecular biology, microbiology and immunology, is also the co-founder of ImmuneWorks Inc., a biotechnology company based in Indianapolis. Wilkes’ research specialty is lung-transplant […]

Old National profit falls, but beats predictions-WEB ONLY

April 27, 2009

First quarter profit for Old National Bancorp fell 51 percent from the same period a year ago, but the company still managed to exceed analysts’ expectations. The Evansville-based parent of Old National Bank this morning announced profit of $9.4 million, or 8 cents per share – beating analysts’ estimates by 2 cents. Revenue of $107.2 […]

Chrysler gets labor deals in fight for survival-WEB ONLY

April 27, 2009

It looks like scrappy Chrysler LLC might yet escape the auctioneer’s gavel. The smallest of the three major U.S.-based automakers cleared two major hurdles yesterday in its quest for survival, agreeing on a concession agreement with negotiators for the United Auto Workers and winning ratification of its cost-cutting deal with the Canadian Auto Workers. That […]

More schedule scoops

April 27, 2009

–Among the performers slated for the yet-to-be-announced 2009/10 Clowes Hall series of concerts: Jazz artist Joshua Redman on Sept. 19, Ballet Hispanico on Oct. 10, a big name country artist and former CMA Male Vocalist of the Year on Nov….

Mass transit potential

April 27, 2009

For an interesting take on how mass transit could help revitalize Indianapolis, see IBJ reporter Chris Oâ??Malleyâ??s
story this week on the topic. Ball State grad students dreamed up several concepts for plunking new rail
stations along existing…

Construction workers oppose jobless-fund plan-WEB ONLY

April 27, 2009

Construction workers are gathering in Indianapolis today for a midday rally at the Indiana Statehouse to protest proposed cuts in unemployment insurance benefits. Lawmakers have been trying to come up with a solution for the state’s unemployment insurance fund, which has been paying out hundreds of millions of dollars more in benefits than it has […]

Pacers pain not isolated incident

April 27, 2009

The Indiana Pacers are far from the only National Basketball Association franchise hurting financially. And the pain isn’t just striking small market teams.

While the first round of the playoffs rages on, several NBA…

GM to cut 21,000 U.S. jobs, shed Pontiac-WEB ONLY

April 27, 2009

General Motors Corp. said it will cut 21,000 U.S. factory jobs by next year, phase out its storied Pontiac brand and ask the government to take company stock in exchange for half of GM’s government debt as part of a major restructuring effort needed to get more government aid. The struggling automaker also said it […]

Renewable energy mandate unlikely to pass-WEB ONLY

April 27, 2009

Supporters of a proposal that would set Indiana’s first comprehensive renewable energy policy are watching closely as the legislative session enters its final days, although key lawmakers aren’t optimistic that the measure will pass. Indiana is the only state in the Upper Midwest without a renewable energy standard – a policy that sets a specific […]

Pence: Cap-and-trade plans would be costly-WEB ONLY

April 27, 2009

U.S. Rep. Mike Pence says a proposal by congressional Democrats to regulate gases some blame for global warming could cost the average American household more than $3,000 a year in higher energy costs. Pence, a Republican from Indiana, said Democrats’ proposed cap-and-trade legislation to deal with carbon dioxide emissions would also drive more American manufacturing […]

Irsay: ‘I’m not going to renegotiate the lease’-WEB ONLY

April 27, 2009

Indianapolis Colts owner Jim Irsay says the positions taken by Indiana lawmakers and local officials over a $47 million shortfall at the city’s stadium agency could hurt attempts to recruit new businesses to the city and state. He said he wasn’t open to renegotiations. Irsay, talking to reporters during a break from the NFL draft […]

How IBJ is surviving the recession

April 27, 2009

This economy has been tough on just about everybody.
No matter what your choice of media, you can’t escape the news about companies and entire industries challenged by the recession. But what about the folks doing all that reporting?

Let us bow our heads and text in unison

April 27, 2009

A friend of mine is a minister and an expert on church management and growth. During one of our discussions, it struck me
how much starting and running a church is very like running a business. There are the same problems with morale, with retention,
with site selection, finance, marketing and growth pains. And with technology.

Rethinking mass transit

April 27, 2009

Rethinking mass transit The debate over light rail and other alternatives to the car doesn’t have to focus only on moving people from Point A to Point B. Other cities report that transit lines are magnets for sustainable real estate development. This week’s Focus section, with visuals provided by Ball State University’s College of Architecture […]

Lawmakers think ‘gloomy’ in spite of rosy forecast

April 27, 2009

Sometimes the news is just so good you can’t believe it, and that is just what happened with the state revenue forecast this
month.

Blogging is no longer optional for entrepreneurs

April 27, 2009

In 2009, blogging is not optional. If you have a business, you
must have a Web site. If you have a Web site, you must have a blog!

Westfield mayor hopes $60M stadium project will transform city

April 27, 2009

Westfield Mayor Andy Cook is proposing a $60 million youth sports complex with a 4,000-seat multipurpose outdoor
stadium, indoor sports facilities and sports fields with the goal of establishing the Hamilton County community as the "Family Sports Capital
of America."

Central Indiana could lead economic recovery

April 27, 2009

Every day, we get more bad economic news. While I’m not smart enough to know when the global economy will rebound or how strong
the rebound will be, I do believe central Indiana and the Midwest are well-positioned to lead the recovery.

Jobless fill lull by volunteering

April 27, 2009

Volunteer managers say they’ve seen an influx this year of people who’ve lost their jobs, as well as students who are anticipating a tough market after graduation. The volunteers are welcome, especially as charities themselves have fewer paid employees.

Dan Laikin on sidelines as others admit guilt in stock-manipulation scheme

April 27, 2009

Carmel businessman Dan Laikin finds himself in the awkward spot of denying wrongdoing at the same time the three men accused
of conspiring with him in a stock-manipulation scheme are admitting guilt.

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