Indiana University Coach Tom Crean and Purdue University Coach Matt Painter cash in big time when their teams perform well,
especially in postseason play. More.
In the 10 years BioCrossroads has been promoting life sciences in Indiana, the effort has netted more than 330 new companies,
an infusion of more than $330 million in venture capital, a tripling of exports, and a growing number of mentions in national
reports on life sciences. More.
Wealth and fame often lead professional athletes to share their success in the charitable arena, but those efforts rarely
last much longer than their careers as the organizations struggle to survive in an already-crowded philanthropic field. More.
Executives at Indiana’s public companies got rich in the down-and-up market, even when investors didn't. CNO Financial's
Jim Prieur, for example, received stock grants now worth $4.4M, despite share prices that are 40 percent lower than three
years ago. With searchable database.More.
Charters and vouchers may have sparked the loudest education-related protests before the Legislature this year, but changes
to teacher evaluations are likely to have the biggest impact on Indiana’s public schools. More.
With economic growth in the United States sluggish, Indiana companies are joining the race to capitalize on the fast-growing
Chinese economy—even as hundreds of millions of Chinese move into the middle class and adopt a Western-style thirst
for goods and services. More.
 As a Danville school board member and superintendent of Indianapolis
Metropolitan High, Scott Bess is straddling the increasingly contentious chasm between traditional public schools and privately
operated charters. More.
The pitch from Mayor Greg Ballard’s administration to privatize the city's parking meters is compelling, but the proposal
to sell the meters to Dallas-based Affiliated Computer Services Inc. has the city giving up more in the long run than is immediately
apparent. More.
Top executives at Indiana's public companies have largely been insulated from the economic crash. IBJ's
review of executive pay found that, although 131 of the 238 executives listed in proxy statements the past two years saw annual
compensation fall in 2009, only 10 experienced cuts of more than $1 million. More.
Records show Marion County Prosecutor Carl Brizzi directed lucrative work for the Prosecutor's Office to his friend, business
partner and political contributor John Bales. More.
For investors, 2008 was the worst year since the Great Depression. Even so, more than half of the state's public-company executives
saw the value of their pay packages rise from 2007—despite the fact that only 10 of the companies posted a positive total
return in 2008, and 46 companies shed more than one-third of their stock market value. More.
The Simon family's role in building the city has come at a steep price for taxpayers. Simon and
its business interests in the last 20 years have collected local government incentives
worth more than $400 million, an IBJ tally of those deals shows. More.
Cities must woo people while they’re young—in their 20s or early 30s—because after that age, people tend
to hunker down. The Indianapolis area apparently appeals to at least two key groups of young people—particularly those
already married, according to a new study by researchers at IUPUI. More.
IUPUI is grappling with how to pay for upkeep and improvements necessary to keep its three world-class athletic facilities—and
the city—in the hunt for high-profile sporting events. More.
At an aging building at 863 Massachusetts Ave., they pass through a metal detector and wait in line to show a clerk their
identification and copies of overdue bills. Center Township Trustee Carl Drummer sometimes helps. The Trustee's Office received
an average of $6.9 million each of the last seven years, mostly from taxes, to provide poor relief-now known as township assistance.
But only about $2 million reached the penniless each year, with much of the difference covering administrative overhead.... More.
Center Township has real estate holdings worth more than $10 million, according to IBJ research. The township's robust
real estate portfolio—highly unusual for an Indiana township—fits Trustee Carl L. Drummer's vision for his
taxpayer-supported office. But it makes others see red. More.
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IBJ's annual review of proxy statements for Indiana public companies found senior executives' median compensation
rose 14 percent in 2011. But that analysis uses the fair market value of stock and options awards on the date they were granted.
If a company's stock price surges, executives can make out far better. (with searchable
database)More.
Indianapolis Airport Authority CEO John Clark and two key officers spent more than $67,000 last year on travel that included
extended business trips to Brazil, Denmark, Greece, Morocco and Switzerland. More.
Several state employees openly questioned how John Bales' real estate brokerage did business long before the FBI launched
an investigation that led to his indictment. More.
Three years after Indianapolis Mayor Greg Ballard launched a city office designed to help ex-offenders avoid a repeat prison
visit, some of those original supporters say the city’s Office of Re-Entry Initiatives not only has fallen short of
that goal but has accomplished little else. More.
Legislation that expands charter schools in Indiana also could increase the number of teachers at those schools without licenses,
making it easier for educators like Eric Nentrup to take non-traditional paths to the classroom. More.
There is little agreement—but lots of politics and complex statistics—on how to define success and failure in
Indiana’s public schools. More.
Indiana’s Republican-controlled Legislature will likely pass the bulk of education-reform measures being pushed this
year by party heavyweights, but partisan rancor could threaten the long-term prospects for a sweeping overhaul of the state’s
public schools. More.
Indianapolis Metropolitan High School implemented a school-wide overhaul in its educational approach in only three months.
The charter school might be the face of the future for all Indiana public schools. More.
Wall Street bankers for decades sold municipalities like Indianapolis on debt instruments called swaps as a safe way to reduce
borrowing costs and hedge against rising interest rates. In reality, the swaps were complicated bets that relied
on misguided assumptions, and taxpayers paid. More.
Marion County Prosecutor Carl Brizzi last year intervened in a major drug case to offer a reduced sentence over objections
from both law enforcement officers and his own deputy prosecutors. More.
Indianapolis businessman Tim Durham has treated Ohio-based Fair Finance Co. almost like a personal bank since buying it seven
years ago, and now he, his partners and related firms owe it more than $168 million, records show. More.
Architecture and urban design students from Ball State have created a vision for urban renewal that is arguably more compelling
than the Central Indiana Regional
Transit Authority's principal, utilitarian goal of reducing northeast-side highway congestion and air pollution by running
a diesel commuter train atop the old Nickel Plate Railroad corridor. More.
Indianapolis-area hospitals have suffered a double whammy of spiking interest rates on their bonds and heavy losses in their
investment portfolios and are trying to save cash any way they can. More.
Charter Homes owner Jerry Jaquess fancies himself a white knight for King Park, a neighborhood once known mainly for its rampant
crime, boarded-up homes and vacant lots. But as he’s constructed a slew of homes and carriage houses there, the local
builder has stirred up several lawsuits, dozens of liens and persistent questions about whether his business is legit. More.
Most public companies say they tie executive compensation to performance, but an IBJ review of pay data from 65 Indiana-based
firms shows otherwise. Last year, more than two-thirds of Indiana-based public companies saw their share prices decline, yet
many continued to award eye-popping compensation to their executives. More.
An IBJ review of hundreds of pages of public records shows Christopher P. White and his Premier
Properties USA Inc. are facing major financial and legal challenges. The most glaring signs of trouble: Contractors have filed
more than $3.5 million in liens against Premier’s retail properties in Plainfield; the state of Indiana is trying to
recover $375,000 in sales taxes on White’s airplane; and the contractor who renovated his Lake Clearwater mansion
is suing him to recover more than $600,000 in unpaid bills. More.
The Indianapolis Colts' evolution from perennial patsy to Super Bowl favorite is a body of work with a seldom-told—and
often misunderstood—history. It's easy to see the hues all-pros Peyton Manning, Marvin Harrison and Edgerrin James
painted on this masterpiece season. President Bill Polian and Coach Tony Dungy certainly colored the landscape. And Offensive
Coordinator Tom Moore added his creativity. But theirs aren't the only signatures on this canvas. More.
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Can IBJ please stop referring to this property as "Kessler Mansion"? What a ridiculous title for the biggest, bloated, blight in our city. It's not a mansion. At best, it's an ideal site to shoot low-budget porn. Ahhh! Another business use!
Its stories like these that prove that a Ball State diploma is worth less than the paper that its printed on. A real institution of higher learning would have taken care of this long ago. No way should this crap be taught in a SCIENCE class.
It is such a shame that King Ballard has made Indianapolis into Chicago south with all of the rampant corruption.
How many of these 1,259 bills were actually heard and voted on on the floor vs how many were shot down in committee?
When a an arrogant young guy with essentially no experience and no qualifications for the job, was dropped into an Administrator position out of nowhere by his "mentor" in the Mayor's office things seemed fishy. Sometimes things are what they seem.