Last UpdatedTHU., JULY 31, 2014 - 11:08 PM
Grand Park

Grand Park helps Hamilton County hotels run up score

Hotel business is booming in Hamilton County, with mid-year occupancy up 9 percent from the first half of 2013. Open since March, Westfield's massive Grand Park Sports Campus has thrown its weight behind the surge.More.

Acquisition costs contribute to Kite quarterly loss

The company's loss of $5.1 million in the second quarter was mostly due to costs from its $1.2 billion acquisition of Inland Diversified Real Estate Trust early this month, the Indianapolis-based company said.More.

Stock market plunges as multiple worries vex investors

Associated Press
The stock market fell in early trading after a dose of bad earnings news, and the losses accelerated throughout the day. The three major indexes suffered their biggest losses in months.More.

WRTV Channel 6 parent grows in major media merger

Journal Communications Inc. and E.W. Scripps Co. have an agreement to merge broadcasting operations while spinning off newspaper holdings into a separate public entity, the companies announced late Wednesday.More.
JULY 28-AUG. 3, 2014
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Carmel budget hawks want harder line on deals with developers

The Carmel Redevelopment Commission’s 2014 revenue is estimated to exceed expenses by less than $100,000—a narrow margin for an agency with annual debt payments totaling $17.5 million.More.

Med school plots researcher hiring spree

The Indiana University School of Medicine plans to hire 100 research professors over the next five years in a bid to vault into the top 25 medical schools.More.

Homegrown Krazy Klothes defies overseas-made clothing trend

Owner Dan Murphy's more-than-two-decades-old, Indianapolis-based company is something of an anachronism—a small-scale domestic clothing manufacturer doing business in a field dominated by Asian-based titans.More.

Developer pitches 5-story office building for Broad RippleRestricted Content

A local developer plans to build a five-story office building on the site of a closed American Legion post in Broad Ripple.More.

Interactive Intelligence set to break ground on $12.5M building

The 119,000-square-foot structure will be built next to the software developer's headquarters on the northwest side as part of its growth plans to add 430 employees within the next few years.More.

Indiana tourism group sharpens mission

New director changes organization’s name, launches initiatives catering to businesses.More.

PENNY: Collegiate reform could hurt Olympic teamsRestricted Content

Changes in governance might risk pipeline of athletes in sports that generate little income.More.

DINING: Cultural Trail lands quirky hops stop

A strip of restaurants has turned a previously anonymous stretch of real estate into a culinary destination. The latest neighbor: Chilly Water Brewing Co.More.

BASILE: For more fun, invite serendipity into your summer road trips

No matter what our plan, we are always flexible about modifying it if we come across some unexpected sight or event. Frequently the most interesting experiences are unplanned.More.

BAGGOTT: Startup investing for the little personRestricted Content

As many people know, ExactTarget started in a small room in Greenfield back in 2000 and grew into a global company with thousands of employees, an initial public offering and a $2.7 billion buyout by

Hicks: Don't confuse inflation with supply and demandRestricted Content

Almost nothing in economics seems to confuse people as much as monetary inflation. That confusion leaves an intellectual void into which some of the least credible ideas of the modern world crawl.More.

Local WFYI programs largely free of biasRestricted Content

Because I have served as chief programming officer for both WIBC-AM radio and later WFYI-FM public radio, the argument over a biased point of view of programming [Kalscheur letter July 21] is a great interest.More.

Online insurance brokerage sets sights on Indiana

Obamacare could, according to some health insurance experts, cause most small businesses to end their group health plans. Now a new venture-backed company opening up shop in Indiana is trying to make that prediction a reality.More.

UPDATE: Lowe's to invest $20.5M in customer-service center

The home-improvement retail titan plans to begin hiring immediately for the center on the northeast side, pledging to employ as many as 1,000 workers making wages of $10 to $14 per hour.More.

Records - July 28, 2014

Records listings from the July 28, 2014, issue of IBJ.More.

Indiana Limestone Co. digs out of deep hole

In February, Indiana Limestone Co. filed for bankruptcy. But two months later, Chicago-based Wynnchurch Capital Ltd. bought the quarry company out of bankruptcy. ILC is now digging out and looking at a brighter horizon.More.

Bar owner alleges racism in lease dispute

The owner of a nightclub in the heart of Broad Ripple believes his landlords nearly doubled his rent for just one reason: to force him and his mostly African-American clientele from the building.More.

State eases into rollout of software in tax fix

The Indiana Department of Revenue is five to seven years from replacing the 1990s software that processes the bulk of the state’s tax dollars and that auditors cited in the wake of massive accounting errors.More.

Feds scrutinize Indiana for Medicaid backlog

More than 80,000 Hoosiers had their applications for the Medicaid health benefits stuck in a backlog in May, prompting the federal government to launch a special review next week.More.

Tech entrepreneur launches Indy Visitors Channel

Folksy chief cements deals with handshakes, promotes tourism spots with video network in hotels.More.

BOHLER SMITH: Forsaken vacation hits business two waysRestricted Content

There is truth in the old adage that all work and no play makes Jack a dull boy, but it also makes Jack unhappier, less healthy and not as effective of an employee.More.

LOU'S VIEWS: Discovering a new festival—and new musicals—at Ball State

Thanks to the Discovery New Musical Theatre Festival, an uphill climb for new tuners has gotten just a little bit easier. Not easy, mind you, just easier.More.

LOPRESTI: Colts camp at Anderson U. comes with charm, access

It's not glamorous, but there's much to be said for Colts' home away from home.More.

MORRIS: Another call for an appointed schools chiefRestricted Content

The governor, no matter his or her politics, should name the state's top education official.More.

KENNEDY: Buggy whips, rotary phones and coalRestricted Content

he history of business success has been the history of innovation—the triumph of visionary entrepreneurs who saw where the wind was blowing and left their more stubbornly traditional compatriots in the dust.More.

Skarbeck: Bucking common jitters rewards stock investorsRestricted Content

When it comes to investing, some deep thinking can provide perspective on your finances. A reflective investor will find himself challenging some of the accepted beliefs held dear by the investment industry.More.

Sierra Club wants Indianapolis coal plant closed

The Sierra Club is pressing Indianapolis' local utility to retire an aging coal-fired power plant that's slated to continue burning coal for at least two more decades.More.

Well-known east-side Mexican eatery closes

El Sol de Tala, a staple on East Washington Street for several decades, shut its doors earlier this month amid a court dispute between the restaurant's owner and his landlord.More.

People in the news - July 28, 2014

People listings are free.More.

NFP of NOTE: American Cabaret Theatre Inc.

American Cabaret Theatre elevates and promotes the cabaret art form by presenting the finest in professional cabaret performances and developing the next generation of cabaret artists.More.

Executive pay continues on upswing

The median senior executive collected $923,705 in salary, stock or stock options, incentive pay and perks in 2013, IBJ found in a review of proxy statements at 64 companies.The median compensation rose 20 percent from 2012 and doubled since 2006.More.
landrop-1837-albany01-2col1.jpg 1837 Albany Street

City bans bulk land-bank sales after lopsided deal with not-for-profit

Indianapolis last year sold 154 properties from its land bank for $1,000 each to a novice not-for-profit, which immediately flipped them for a total $500,000 profit. More than a dozen have changed hands multiple times since then, making investors more than $1 million. (with interactive map)More.
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Crean, Painter contracts packed with rewards for postseason success

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.
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BioCrossroads has stoked state's life sciences industry, but challenges remainRestricted Content

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.
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Pro athletes' charities often have limited life spansRestricted Content

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.
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CEOs see stock windfall after market crashRestricted Content

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.
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New laws hang teacher pay on performance

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.
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SPECIAL REPORT: Indiana companies charge into China

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.
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Dual roles give Bess unusual view into schools

Bess Watch VideoAs 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.
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City vendor may get $1.2B from parking-privatization deal

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.
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Soft Landing: Pay slipped for most execs in 2009, but cuts weren't deep

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.
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Brizzi's lease deals benefited friend, donor

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.

Half of state's public-company CEOs saw pay rise in 2008

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.

Simon family's interests helped city thrive, but taxpayers paid the price

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.

Indianapolis shows up peer cities in attracting the young and educated

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 faces tough decisions over aging sports facilities

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.

SPECIAL REPORT: Center Township trustee taps taxpayers for millions

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.

Critics question trustee's property portfolio given mission to help needy

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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Special Report: City's building spree leaves trail of spoilsRestricted Content

Mayor Greg Ballard takes pride in Rebuild Indy, the city’s nearly $400 million program that doubled the volume of public works projects—and became engineering and construction firms' largest business opportunity with the city in more than a decade.More.
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SPECIAL REPORT: Stock-based pay builds wealth for Indiana execsRestricted Content

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.
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Airport execs' globetrotting sparks scrutiny

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.
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Warnings about broker's tactics went unheeded

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.
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Critics: City's effort to help ex-offenders ineffectiveRestricted Content

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.
reform-license1new-2col.jpg Indy Met teacher Eric Nentrup went through a transition-to-teaching program.

Reform law gives charters leeway to hire unlicensed teachers

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.
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Controversy brews over judging charter performance

There is little agreement—but lots of politics and complex statistics—on how to define success and failure in Indiana’s public schools.More.
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Partisan divide could threaten long-term education reform

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.
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Charter school's nimble approach could become the norm

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.
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Bond swaps cost city units $93M in penalties

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.
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SPECIAL REPORT: Brizzi ordered lenient deal for business partner's client

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.
durham-big-pic.jpg Tim Durham

Related-party loans pile up at Durham-owned finance firm

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.

Grad students dream up plans for mass transitRestricted Content

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.

Hospitals suffer from spiking bond interest rates, investment lossesRestricted Content

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.

SPECIAL REPORT: Charter Homes draws scrutiny for odd sales claims, multiple liens

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.

At most Indiana public firms, CEO pay hasn't fallen with stockRestricted Content

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.

SPECIAL REPORT: Financial travails dog 'mystery man' at helm of Premier Properties

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.

IRSAY'S ODYSSEY: Owner learned from life in NFL to build winning team

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.
Last UpdatedTHU., JULY 31, 2014 - 10:47 PM

Stock market plunges as multiple worries vex investors

The stock market fell in early trading after a dose of bad earnings news, and the losses accelerated throughout the day. The three major indexes suffered their biggest losses in months.More.

Head of Indiana alcohol agency taking Ivy Tech job

Ivy Tech announced Thursday that Alex Huskey will become the Marion campus president beginning Aug. 25.More.

Pence pushes Medicaid alternative with HHS chief

Gov. Mike Pence told U.S. Health and Human Services Secretary Sylvia Burwell that he wants to maintain Indiana's "freedom and flexibility" under any expansion of Medicaid.More.

Fed offers no clearer hint on first rate increase

The Federal Reserve is further slowing the pace of its bond purchases because it thinks an improving U.S. economy needs less help. But it's offering no clearer hint of when it will start raising its benchmark short-term interest rate.More.

Venue change granted for Indy house blast suspect

Judge Sheila Carlisle granted the request for Mark Leonard on Wednesday after prosecutors withdrew their objection to the change-of-venue request.More.

Speedway officials seek new ways to attract fans

Every year the challenge of keeping racing fans engaged gets a little tougher as organizers increasingly compete against other sports and children's events while trying to get fan dollars in a still-tough economy.More.

Pence wants immigrant children returned to home countries

Pence said Tuesday he did not learn about the placement of more than 200 immigrant children with Indiana families until reading about it in news reports. Thousands of unaccompanied children have migrated to the U.S. illegally this year.More.

Soldiers get $92M in debt relief under settlement

Thirteen states, including Indiana, have settled an investigation into improper lending with a court agreement that is expected to provide $92 million in debt relief for 17,800 U.S. military personnel.More.

UPDATE: Court allows education board lawsuit to proceed

A Marion County judge has cleared the way for a lawsuit to proceed against members of the State Board of Education that alleges public access violations.More.

NCAA settles head injury suit, will change rules

In a deal expected to "change college sports forever," the NCAA agreed Tuesday to settle a class-action head injury lawsuit by creating a $70 million fund to diagnose thousands of current and former college athletes to determine if they suffered brain trauma.More.

Study: 35 percent in U.S. facing debt collectors

More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute.More.

'Test jury' gauged in Indianapolis home blast case

Prosecutors and attorneys for one of the suspects in a deadly Indianapolis house explosion began assessing Monday whether they can assemble an impartial jury successfully in the city where it happened.More.

U.S. companies increasingly fish for growth overseas

Few U.S. industries are tying their fortunes to overseas markets as aggressively as the technology sector, where new sources of revenue are often just a matter of equipping people with a computing device and an Internet connection.More.

Groundbreaking set for $15M Speedway roundabout

The town of Speedway plans a two-lane roundabout to replace the current stoplight-controlled intersection at West 16th and Main streets, and Crawfordsville Road, outside the Indianapolis Motor Speedway.More.

Mitchell departs state job for treasurer's race

Kelly Mitchell announced Friday she was leaving her job as an investment director in the state treasurer's office Aug. 1.More.

Pence, Bayh, crowd 2016 field with questions

In the 2016 political landscape, a pair of the state's political big dogs—Republican Gov. Mike Pence and former Democratic U.S. Sen. Evan Bayh—has potential candidates holding their breath and waiting on them.More.

UPDATE: Four doctors arrested in clinic raids

Dr. Larry Ley, 68, of Noblesville, was being held on $1 million bond on drug-dealing charges in Hamilton County Jail. A dozen additional suspects, including three other doctors, were either under arrest or being sought by police.More.

State sells $244 million in bonds for I-69 segment

The project will upgrade Indiana 37 to interstate standards. It's part of the I-69 extension that will connect Indianapolis and Evansville.More.

Kokomo airport runway extension almost completed

Pushing the pavement to 6,000 feet is intended to accomodate larger, corporate jets.More.

Feds cap fines for not buying health insurance

Federal researchers predict that about 4 million people, including dependents, could be hit with fines by 2016.More.

Judge rules against residents in suit over hog smell

A judge has ruled state law protects four large hog farms from lawsuits filed by residents of an eastern Indiana county who complained about waste and foul smells from their operations.More.

Street performers to make debut in Indianapolis

A special project aims to foster the art of street performance in downtown Indianapolis. The project is being promoted by the Arts Council of Indianapolis, Indianapolis Downtown Inc. and arts group IndyFringe.More.

Sierra Club wants Indianapolis coal plant closed

The Sierra Club is pressing Indianapolis' local utility to retire an aging coal-fired power plant that's slated to continue burning coal for at least two more decades.More.

Job fairs help Duke Energy fill its talent pool

The average age of the line technicians who work for Duke Energy Corp. is between 50 and 55 years. Enduring an influx of retirements before it's able to restock its work force with field-ready technicians is a genuine concern.More.

Dueling rulings: Courts split on health law clash

President Barack Obama's health care law is snarled in another big legal battle, with two federal appeals courts issuing contradictory rulings on a key financing issue within hours of each other Tuesday.More.

As U.S. job market strengthens, many don't feel it

The economic recovery is entering its sixth year, but a number of factors help explain why many Americans don't feel better off.More.

State highway official leaving before review done

Indiana Department of Transportation chief of staff Troy Woodruff, who is under state investigation, sent an email to agency employees on Wednesday saying that he would step down Thursday.More.

Indiana education split plays out in No Child request

A new critique of Indiana's efforts to maintain its exemptions from the No Child Left Behind requirements, written by top staff to Gov. Mike Pence, is widening a rift between state education leaders as federal officials near a decision on the waiver.More.

Probe exposes flaws behind rollout

Management failures by the Obama administration set the stage for the computer woes that paralyzed the president's new health care program last fall, nonpartisan investigators said in testimony released Wednesday.More.

Revised data: Economy grew faster in 2nd half of 2013

Fueled by healthier consumer spending, the U.S. economy grew in the second half of last year at the strongest pace in a decade and more than previously estimated, new government data show.More.

WellPoint beats expectations despite smaller profit

WellPoint Inc.'s profit fell in the second quarter, but still topped Wall Street's expectations. The health insurer raised its full-year profit forecast and projections for enrollment in its health plans.More.

Connecticut nixes rate increase by WellPoint subsidiary

Anthem told regulators that the 12.5-percent rate increase was needed because of higher costs for medical services, pharmaceuticals and fees levied by the federal government as part of the Affordable Care Act.More.

Three-drink limit for beer, wine at Indiana State Fair

Strict limits will be in place when the Indiana State Fair sells alcoholic drinks for the first since 1946 when its 17-day run begins Friday.More.

Indiana BMV asks court to delay vanity plate sales

The Indiana Bureau of Motor Vehicles has asked the state Supreme Court for permission to continue its suspension on sales of vanity plates until a court case is settled.More.

Judge OKs record-setting $2B sale of Clippers

In allowing the deal to go forward, Superior Court Judge Michael Levanas sided Monday with Sterling's estranged wife, Shelly Sterling, who negotiated the record sale after the NBA banned the 80-year-old billionaire for making offensive remarks about blacks.More.

Pennsylvania reps ask NCAA to halt Penn State sanctions

Five Pennsylvania congressmen are asking college sports' governing body to cancel penalties against Penn State University imposed as a result of the Jerry Sandusky child molestation scandal.More.

Deal worth $17B aimed at improving veteran health care

The bipartisan agreement includes $10 billion in to make it easier for veterans who can't get prompt appointments with Veterans Affairs doctors to obtain outside care; $5 billion to hire doctors, nurses and other medical staff; and about $1.5 billion to lease 27 new clinics across the country.More.

Contracts to buy homes decrease nationally

Sales have been slowed by a mix of meager wage growth, rising home prices, and mortgage rates that rose steadily through the end of last year.More.

Not in my backyard: U.S. sending more coal abroad

The U.S. power sector is burning less coal and is reducing carbon emissions, but a growing share is finding its way to the rest of the world.More.

Leg of I-69 project now due to open by end of 2015

The Indiana Department of Transportation now plans for Interstate 69 to reach Bloomington by the end of 2015, a year later than originally planned.More.

Former piano factory burns down in Muncie

Old building also had been used as chemical distributorship.More.

Indianapolis pulls future support for Amtrak line

City officials in Indianapolis have cast the future of an Amtrak passenger line between Indianapolis and Chicago into doubt after deciding not to provide any additional money to subsidize the line.More.

Holiday World plans $22 million winged roller coaster

The Holiday World amusement park in southern Indiana is building a new $22 million roller coaster that it says will launch riders to 60 miles an hour in 3.5 seconds, with a 14-story loop and four inversions.More.

Obama wants limits on U.S. company mergers abroad

President Barack Obama on Thursday demanded "economic patriotism" from U.S. corporations that use legal means to avoid U.S. taxes through overseas mergers.More.

Indiana receives 245 children caught at U.S. border

The U.S. is battling a surge in the number of unaccompanied children who have been fleeing violence in Central America and crossing into the U.S. because they believe they will be allowed to stay.More.

NCAA enforcement director defends investigators

Two days after Big 12 Commissioner Bob Bowlsby called the NCAA enforcement system overwhelmed and "broken," the Indianapolis-based NCAA's top cop fired back.More.

Lake County judge strikes down Indiana right-to-work law

Indiana Attorney General Greg Zoeller said he will ask for a stay to prevent the decision from taking effect immediately. A similar case is already pending before the Indiana Supreme Court.More.

Blood tests for DWI cases costing Hancock County

In drunken-driving cases, the same tests prosecutors say have become necessary to successfully convict are also draining an important county budget.More.

Steel demand feeds shipping boom in Indiana

The automotive industry is behind the increase, pushing steel ahead of longtime leaders iron ore and coal.More.

Gay couples' lawyers object to full-court hearing

Attorneys on either side of a lawsuit over Wisconsin and Indiana's overthrown gay marriage bans are wrangling over how many federal judges should hear the states' appeal.More.



A&E, etc.

Indy Eleven kicks in $75K for theater naming rights

Indy's American Soccer League team shows support for to-be-built second theater for IndyFringe.More.

IRT and NoExit season announcements shine

I'm not talking about the shows they've selected, but the promos they created.More.

Marketing firm hired to find Fairgrounds Coliseum sponsor

Denver-based Impression Sports & Entertainment announced Tuesday that it’s been retained to secure a naming-rights sponsor for the recently renovated coliseum.More.

Three-drink limit for beer, wine at Indiana State Fair

Strict limits will be in place when the Indiana State Fair sells alcoholic drinks for the first since 1946 when its 17-day run begins Friday.More.

More A&E, etc.


Indiana 100   Indiana 100
Indiana 100 is IBJ’s look back on the performance of the state’s largest public and private companies in 2013, along with a ranking of the fastest-growing companies in the Indianapolis area.


Golf & Travel   Golf & Travel
The 2014 Golf & Travel magazine is your guide to hundreds of Indiana golf courses. Check out the state’s golf related tourism efforts and what’s new in Indiana travel.


                              Book of Lists   Book of Lists
IBJ's annual Book of Lists has been an essential resource for the Indianapolis-area business community for almost 30 years. The 2014 Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.



Business Profiles   BUSINESS PROFILES
This publication gives companies and executives an opportunity to share their stories and successes. The latest breaking business news rarely delivers a detailed look at how a company’s product or service can solve your business needs. Business Profiles does just that.


BioFutures   BioFutures
BioFutures, the annual publication of the Indiana Health Industry Forum and the Indiana Medical Device Manufacturers Council showcases some the best health science companies, technologies and talent Indiana has to offer.


2014 Giving Guide   Giving Guide
Not-for-profits play a huge role in the quality of life within the Indianapolis region. The 2014 Giving Guide showcases the mission, progress, governance and intiatives of these featured organizations.
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Forefront 061614

In this issue of Forefront, John Gregg and Bill Styring argue over amending the constitution to rein in the federal government, and David Hadley and Kevin Kellems debate the most powerful lobbies in the Legislature. Shariq Siddiqui urges Democrats in Washington to adopt HIP 2.0, Kristin Froehle attacks Mike Pence for his position on coal, and more.

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  1. If I were a developer I would be looking at the Fountain Square and Fletcher Place neighborhoods instead of Broad Ripple. I would avoid the dysfunctional BRVA with all of their headaches. It's like deciding between a Blackberry or an iPhone 5s smartphone. BR is greatly in need of updates. It has become stale and outdated. Whereas Fountain Square, Fletcher Place and Mass Ave have become the "new" Broad Ripples. Every time I see people on the strip in BR on the weekend I want to ask them, "How is it you are not familiar with Fountain Square or Mass Ave? You have choices and you choose BR?" Long vacant storefronts like the old Scholar's Inn Bake House and ZA, both on prominent corners, hurt the village's image. Many business on the strip could use updated facades. Cigarette butt covered sidewalks and graffiti covered walls don't help either. The whole strip just looks like it needs to be power washed. I know there is more to the BRV than the 700-1100 blocks of Broad Ripple Ave, but that is what people see when they think of BR. It will always be a nice place live, but is quickly becoming a not-so-nice place to visit.

  2. I sure hope so and would gladly join a law suit against them. They flat out rob people and their little punk scam artist telephone losers actually enjoy it. I would love to run into one of them some day!!

  3. Biggest scam ever!! Took 307 out of my bank ac count. Never received a single call! They prey on new small business and flat out rob them! Do not sign up with these thieves. I filed a complaint with the ftc. I suggest doing the same ic they robbed you too.

  4. Woohoo! We're #200!!! Absolutely disgusting. Bring on the congestion. Indianapolis NEEDS it.

  5. So Westfield invested about $30M in developing Grand Park and attendance to date is good enough that local hotel can't meet the demand. Carmel invested $180M in the Palladium - which generates zero hotel demand for its casino acts. Which Mayor made the better decision?