Last Updated Fri., February 12, 2016 - 9:42 AM

U.S. retail sales move in opposite direction from stocks 9:37 AM

Associated Press
A key question for the economy this year is whether consumer spending can keep growing and offset the impacts of stock market volatility and slowing growth overseas.

Democrats attempt to restart the LGBT rights debate11:36 PM

Rachel Hoffmeyer, The Statehouse File
Indiana Democrats unsuccessfully tried to add amendments dealing with LGBT rights to seemingly unrelated legislation Thursday in the House. Democrats said to expect more efforts to revive the issue.

Muncie seeking developer for $48M riverfront project11:29 PM

Associated Press
The city of Muncie has released details of what it wants developers to build as part of a $48 million plan to develop its riverfront.

As Circle Centre turns 20, declining performance, anchor woes spur worry

Sales per square foot are down, the building itself is aging, and persuading the lone anchor, Carson Pirie Scott, to stay another three years required generous incentives.

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.

No-holds-barred tactics lifted developer Ozdemir

Ersal Ozdemir, who heads the development and construction firm Keystone Group, has charmed elected officials for years with big ideas—and hundreds of thousands of dollars in political contributions.

Special Report: City's building spree leaves trail of spoils

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.

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)

SPECIAL REPORT: Stock-based pay builds wealth for Indiana execs

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)

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.

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.

BioCrossroads has stoked state's life sciences industry, but challenges remain

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.

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 Special Reports
Last Updated Fri., February 12, 2016 - 9:42 AM

U.S. retail sales move in opposite direction from stocks 9:37 AM

A key question for the economy this year is whether consumer spending can keep growing and offset the impacts of stock market volatility and slowing growth overseas.

Muncie seeking developer for $48M riverfront project11:29 PM

The city of Muncie has released details of what it wants developers to build as part of a $48 million plan to develop its riverfront.

Purdue AD Burke announces plans to retire 1:12 PM

Morgan Burke has led Purdue athletics since 1993, marking one of the longest tenures among athletic directors in Division I sports.

Congress moves near final OK of local Internet tax ban11:58 AM

State and local governments would be permanently barred from taxing access to the Internet under a bipartisan compromise the Senate began pushing on Thursday toward congressional approval.

Fantasy sports companies defend embattled industry

The industry's top companies, DraftKings and FanDuel, are on the defensive after taking hits to their businesses in recent weeks as scrutiny by state policymakers across the country continues to intensify.

Stutzman joins Democrats to attack GOP rival's Senate ballot

U.S. Rep. Marlin Stutzman, who is backed by the tea party, piled on after Democrats raised questions about Todd Young's candidacy and argued he was shy of meeting the requirement for ballot petition signatures.

Senate panel plans changes to limits in police video bill

An Indiana Senate committee is considering an overhaul of a bill that would give Indiana police departments broad authority to withhold body camera video amid opposition from open-government advocates.

NCAA's academic case vs. North Carolina in holding pattern

The Indianapolis-based NCAA charged the University of North Carolina in May with five violations, including lack of institutional control, but there has been little movement since.

Reform committee forms after Ball State president's exit

Ball State University officials have named a committee to propose reforms in response to complaints of secrecy surrounding the resignation of school President Paul Ferguson.

Supreme Court puts Obama's Clean Power Plan on hold

The surprising move is a blow to the administration and a victory for the coalition of 27 mostly Republican-led states, including Indiana, and industry opponents that call the regulations "an unprecedented power grab."

Indiana health officials report first case of Zika virus

The Indiana State Department of Health announced Tuesday the person with the virus is "a non-pregnant resident" who recently traveled to Haiti.

Allison tops expectations despite drop in profit, revenue

The Indianapolis-based manufacturer realized earnings of $13 million in the fourth quarter, down from $50.5 million in the fourth quarter of 2014.

Report: Eight states show significant drop in uninsured

In addition, another 10 states, including Indiana, were identified as having notable reductions in the percentage of uninsured residents.

Indiana preparing to lift most bird flu-related restrictions

Animal health officials monitoring the bird flu outbreak in southwestern Indiana say they will lift most restrictions in two weeks if ongoing testing finds no additional infections.

Park Tudor coach facing sex charge remaining in custody

During a court hearing on whether Kyle Cox should be released from jail pending trial, prosecutors presented text messages between Cox and some students at Park Tudor in Indianapolis.

GOP senator enters race for state attorney general

Sen. Randy Head of Logansport says he wants the attorney general's office to challenge the expanding role of the federal government that's diminishing the power of states.

State lawmakers warm to hate-crime bill

Although gay rights legislation is dead for this session, supporters of a hate crimes bill making its way through the Statehouse note that crimes committed based on a person's LGBT status are included.

Fever star Catchings samples business side of basketball

The 10-time All-Star spent a few weeks in January as an intern in the NBA offices as part of a program to help players consider their post-retirement options.

Dungy, Harrison inducted into Pro Football Hall of Fame

Tony Dungy became the first black coach to win the Super Bowl when he led the Indianapolis Colts to the championship in 2006. That team's potent offense featured Peyton Manning and Marvin Harrison.

Technology stocks lead way as market tumbles

Slowing job creation helped send the tech-heavy Nasdaq down 3.3 percent Friday. The Dow shed 1.3 percent.

Louisville bans itself from tourneys after probe finds violations

The inquiry stemmed from allegations contained in Katina Powell's tell-all book "Breaking Cardinal Rules," which IBJ Book Publishing LLC released in October.

Super Bowl ads stick to classic themes, wiener dogs

There's a fine line between standing out and risking offense, and this year the Super Bowl advertisers are going for the safety: movie and rock stars, anthemic songs and cute animals.

January jobs report filled with positive economic news

Employers raised pay, more people felt confident enough to look for work, and the unemployment rate dipped to 4.9 percent, its lowest level since 2008.

Manning's legal team looked into documentary

Private investigators working for former Indianapolis Colts quarterback Peyton Manning visited the source of a report that he and other star athletes had obtained performance-enhancing drugs before the documentary aired late last year.

Kite Realty results meet, beat expectations

Kite Realty Group Trust on Thursday reported quarterly results that matched or exceeded the predictions of Wall Street analysts.

NCAA academic committee considering changes to rating system

The Indianapolis-based NCAA may start holding schools more accountable for the academic progress of athletes who are graduate transfers.

Park Tudor officials accused of hampering probe of coach

The former boys basketball coach at the exclusive private school in Indianapolis was charged Thursday with trying to entice a 15-year-old female student into a sexual relationship, and court documents allege school officials hampered the investigation.

UPDATE: Whitcomb remembered for 'life of courage, service, adventure'

Edgar Whitcomb, a Republican small-town lawyer from southern Indiana who served as Indiana governor from 1969 to 1973, died Thursday at 98.

Indiana Senate's Republican leader faces primary challenger

A Fort Wayne educator emerged Thursday as a GOP primary challenger to Senate President Pro Tem David Long, who has faced criticism for championing a bill that would have extended civil rights protections to lesbians, gays and bisexuals.

Federal court rejects Durham's sentence appeal

A federal appeals court has rejected a former Indianapolis businessman's bid to shorten his 50-year sentence for defrauding investors of more than $200 million.

U.S. factory orders suffer first down year since 2009

Orders to U.S. factories fell sharply in December, closing out a year in which demand for American manufactured goods retreated for the first time in six years.

Lawmakers pass meth-fighting bills that empower pharmacists

Indiana lawmakers passed similar, competing bills Wednesday aimed at giving pharmacists the ability to prevent methamphetamine cooks from buying pseudoephedrine.

Senate approves road-improvement funding bill

The Indiana Senate has endorsed a proposal backed by Gov. Mike Pence that aims to boost highway funding by drawing down the state's cash reserves and borrowing money.

Indiana school district grades change little with reprieve

More than three-quarters of Indiana's school districts are receiving A or B grades under the state's rating system.

Comcast loses fewest TV customers in eight years

Comcast, the largest cable company in Indiana and the nation, is trumpeting its best year for traditional TV services in nearly a decade, even though it continues to lose TV subscribers.

House OKs changes to liquor permitting for state parks

Indiana state parks would be able to bypass local liquor authorities and allow on-site vendors to serve alcohol despite objections from local residents under a bill advancing in the Legislature.

Indiana business community fears fallout from gay rights failure

"Indiana's economic competitiveness and the Hoosier brand have potentially been compromised again," said Indiana Competes, a business coalition that includes Cummins Inc., Eli Lilly and Co. and the NCAA.

Indiana House backs bill to limit state environmental rules

The Indiana House has approved a bill that would prevent state agencies from enacting environmental rules tougher than those imposed by the federal government.

House approves cigarette, gas tax increase for road funds

Indiana residents would pay more for gasoline and cigarettes but less in state income taxes under a bill the House approved Tuesday.

Indiana AG sues 3 companies in alleged tax-sale scheme

Indiana has filed a lawsuit against three out-of-state companies alleging they bilked homeowners out of millions of dollars through a tax sale scheme.

Indiana Toll Road to undergo $200M in improvements

The Indiana Toll Road Concession Co. announced Tuesday the work will be done on a 70-mile section of the Toll Road from Portage to Elkhart. The work will include new asphalt, work on interchanges, shoulder replacement and work on 53 bridges.

Indiana popcorn production falls after bounty years

Purdue University said federal statistics show popcorn production in the state fell by 29 percent last year.

Indiana Senate delays LGBT protections bill amid lobbying

Republicans who control the chamber put off action Monday following a closed-door meeting and lobbying pressure.

UPDATE: Indy man gets 27 months for international spam scam

Phillip Fleitz was accused of helping send millions of illegal spam messages to U.S. and international cellphones and computers.

NCAA board votes to keep Emmert as prez through 2020

Mark Emmert's tenure has been marked by dramatic changes in the way the Indianapolis-based NCAA does business and near constant pressure from lawsuits against the association.

Ganassi signs former F1 driver for IndyCar season

The addition of Chilton means Indianapolis-based Chip Ganassi Racing will maintain a four-car lineup that includes defending series champion Scott Dixon, Tony Kanaan and Charlie Kimball.

New IU pilot project to address dual-credit teaching

Indiana University is starting a pilot program that could make it easier for high schools to offer dual credit courses under a new state requirement due to start next year.

Work might start this year on delayed $2.7B fertilizer plant

The Posey County Economic Development Partnership said the project will have a big economic impact, creating more than 2,500 construction jobs and about 200 permanent positions at the plant.

Privacy cited for silence on Ball State chief's resignation

The resignation without explanation of Ball State University's president after less than 18 months on the job was voluntary and not prompted by any disgrace, the board of trustees' chairman said.

Veteran advocates push for legislative action on services

Members of the groups vented their frustrations with the state's services for the nearly 476,000 veterans in Indiana and what they perceive as the Legislature's complacency during a news conference Friday.


Roundup: Sky Blue Window folding, ISO launching new music fest, more

Plus the latest books from Blue (yes, the Colts mascot) and Ben H. Winters.

Mixed-use project designed to boost Brownsburg moves forward

Town officials hope the project, which will feature 220 apartment units and could cost $60 million, will transform its downtown into a hub of residential and retail activity.

WNBA's Fever hires second ad agency of record in two years

There will be pressure on the new agency to increase attendance in Tamika Catching's final year. Last season the Fever's attendance declined 5.3 percent.

Mixed-use development proposed for downtown Zionsville

The project, dubbed “200 West,” would include a 28,500-square-foot, three-story commercial building, with a 5,000-square-foot restaurant, and a total of 65 residential units.

Drugstores: a few big players rule the roost

National retail chains, mail-order firms, big-box stores and supermarkets rang up nearly three-quarters of all prescription drugs in the U.S. last year.

A&E, etc.

Roundup: Sky Blue Window folding, ISO launching new music fest, more 09:02 am

Plus the latest books from Blue (yes, the Colts mascot) and Ben H. Winters.

Developer plans $25M hotel, conference center in Plainfield

A local hotel developer plans to build the 175-room Embassy Suites near the town's Interstate 70 interchange and Indianapolis International Airport.

Fantasy sports companies defend embattled industry

The industry's top companies, DraftKings and FanDuel, are on the defensive after taking hits to their businesses in recent weeks as scrutiny by state policymakers across the country continues to intensify.

All-star team of local officials joining NBA All-Star Game mission

In a sign of the city's serious intent to host the game, Pacers President Rick Fuson will be accompanied by presidents and vice presidents of Visit Indy and the Indiana Sports Corp. as he travels to Toronto this week.

More A&E, etc.