The St. Francis hospital system has postponed the threatened termination of its contract with Anthem Blue Cross and Blue Shield in Indiana until Friday, Nov. 7. St. Francis had promised to cancel its contract at midnight Nov. 2, saying Anthem has been slow to pay claims and hasn’t granted St. Francis terms similar to other […]
Retired businessman John Wynne, one of the founders of Duke Realty Corp., is the latest executive to get burned after using
company stock as collateral for a multimillion-dollar loan in his investment account.
New Indiana University athletic director Fred Glass must return integrity to IU athletics, while being a cheerleader who believes
in accessibility, focus and consistency.
Democratic Sen. Barack Obama has repeatedly described Republican Sen. Richard Lugar of Indiana as a mentor on foreign policy issues and may offer him a place in his administration.
Vivity Labs has developed a Web
site called
Fit Brains (www.fitbrains.com), which features engaging games and activities that exercise the five key cognitive
areas of the brain: memory, language, concentration, executive functions, and visual and spatial skills.
Executives of Ace Holding Co. LLC didn’t foresee the financial storm that caused the company to shut down late last week. In an interview with IBJ 18 months ago, CEO Richard Hall said the company had originated more than $3 billion in loans in 2006, and he projected business to be up at least 30 […]
Indianapolis attorney Fred Glass demonstrated a keen sense of humor during a press conference held this morning to introduce him as the next Indiana University athletic director. Given the expected sanctions on the…
A shareholder in New York-based ImClone Systems Inc. has filed a lawsuit in an attempt to stop its pending acquisition by Eli Lilly and Co., according to a disclosure filed today with the U.S. Securities and Exchange Commission. State-Boston Retirement System of Massachusetts and several individual ImClone shareholders claim the company provided too little information […]
The 13-person search committee charged with finding candidates for Indiana University’s soon-to-be vacated athletic director position has paired its short list down to three candidates, according to two sources within IU’s athletic department.
Indianapolis…
Republican Sen. John McCain has been unable to achieve the same Indiana fund-raising edge on his Democratic opponent that
President George W. Bush did in past elections. Bush rang up an Indiana fund-raising advantage of $1.7 million over Sen. John
Kerry in 2004, according to the Center for Responsive Politics. And his popularity in Indiana allowed
him to spend those dollars to help him campaign in other states while easily winning Indiana’s electoral
votes. But this election, Sen. Barack Obama had outraised Republican John McCain by $360,000 through the end of August, when
McCain’s decision to take public campaign funds forced him to stop raising funds directly for himself.
Obama did not take public funds, and so has continued to raise money.
Last year, when I commented on Indiana Repertory Theatre’s boiled-down-to-90-minutes production of “Hamlet,” the theater wrote back making clear that the presentation was part of Shakespeare for a New Generation, an initiative sponsored by the National Endowment for the Arts in cooperation with Arts Midwest. As part of that program, the to-thebone length was mandatory. That explained the “why.” But it didn’t change my reaction to the show as an audience member: It felt more like reading a Classics Illustrated…
In this year’s election cycle, the policy watchword is "change." But amid the partisan debate, another type of
change is revolutionizing the way candidates track voters and spread messages. Communication tools like
text messaging, social networking and YouTube are increasingly integral to successful politics.
Joe the Plumber has been getting plenty of attention in recent weeks, but what about Kimberly the Merchant or John the Manufacturer? For all the talk about whether this year’s presidential candidates favor Wall Street or Main Street, there’s little discussion of the fact that neither Democrat Barack Obama nor Republican John McCain may be perfect for all small-business owners. Indianapolis manufacturing firm owner John Raine is backing McCain because of his stance on taxes and labor unions. Local shop…
Indianapolis Colts Coach Tony Dungy likes Democratic presidential candidate Barack Obama. That’s just one of the interesting nuggets from this morning’s IBJ Power Breakfast featuring Coach Dungy. The coach stopped short of saying…
Medicare’s new rule to refuse to pay hospitals for “preventable errors” hasn’t caused hospital administrators to lose sleep about lost revenue. But they do worry that the new rule, which went into effect Oct. 1, could increase the number of costly malpractice lawsuits filed against their hospitals. It’s not clear yet what the financial impact of Medicare’s new “no-pay” rule will be. But companies that make their money supplying hospitals with equipment and services have wasted no time using the…
Democratic gubernatorial candidate Jill Long Thompson promises to buoy Indiana’s slumping rural counties with a three-tiered
incentive plan. Republican Gov. Mitch Daniels has a different vision for stoking the state economy. He wants to build on Indiana’s
strengths–such as world-class research at universities–to innovate and create jobs.
Charter Homes recruited and paid buyers to take out inflated mortgages on dozens of central Indiana homes it built, promising to manage the properties as rentals and make payments for the owners, current and former Charter business partners say.
My sister’s kids, Deniece and Denephew, think it is just hilarious to watch their fumbling uncle trying to send a text message-which has recently become the No. 1 use of cell phones, instead of talking. I poke and prod one measly letter at a time. Meanwhile, the kids-with agile thumbs and secondnature knowledge of a cell phone touch pad-are incredible. To watch them is to see an intricate ballet of the opposable digits (pas de pouces) performed at lightning speed….
Eli Lilly and Co. had been salivating over ImClone Systems Inc. for more than two years when, on July 25 of this year, its senior executives received a formal staff recommendation to contact the company and make an overture. So it must have come as quite a jolt to Lilly brass when, just six days later, Bristol-Myers Squibb announced that it was offering to buy the 83 percent of ImClone it didn’t already own for $60 a share, or $4.5…
Over the past several years, employers have seen a movement from traditional PPO health plans to consumer-driven health plans, by implementing qualified high-deductible plans such as health savings accounts. This shift has been viewed by most to have initially lowered overall employer and employee cost, but more importantly, it has gotten the employee more involved in their health care choices. Fortunately, consumer-driven health care plans are not the only answer in reducing employer costs. According to the Towers Perrin 2008…
