
![]() Developer Kite to remake key corner in Carmel
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Lawsuit takes on debt-modification firmChris O'Malley |
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MAY 28-JUNE 3, 2012
![]() Developer Kite to remake key corner in Carmel
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Lawsuit takes on debt-modification firm
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Mentors give entrepreneurs a business boost
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![]() Crean, Painter contracts packed with rewards for postseason successIndiana 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 remain
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![]() Airport execs' globetrotting sparks scrutinyIndianapolis 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.
![]() Warnings about broker's tactics went unheededSeveral 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.
![]() Critics: City's effort to help ex-offenders ineffective
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Indy speedway replaces stage following inspectionA temporary outdoor stage set up to entertain race fans at the Indianapolis Motor Speedway has been replaced after it failed
to meet new safety standards enacted by the state following last year's deadly stage collapse at the Indiana State Fair.More.
Calumet plans to add 48 jobs at Indianapolis headquartersThe oil refiner, which currently has 75 full-time Indiana employees, has begun hiring management, accounting, sales, human
resources and information technology workers.More.
Wabash College president ready to step downPatrick White, president of the private, all-male liberal arts college in Crawfordsville for the past six years, says he'll
leave his post a year from now.More.
Republic Airways CEO talks Bombardier jet plansThe CEO of feeder airline operator Republic Airways Holdings Inc. said on Wednesday that new Bombardier jets could be flown
in the United States in a partnership with one of the big airline alliances.More.
Shelbyville officials rule fairgrounds fire arsonShelbyville fire officials say a fire that destroyed the 133-year-old grandstands at the Shelby County Fairgrounds was arson.More.
Purdue economist predicts gas prices won't top $4Purdue agricultural and energy economist Wally Tyner said Indiana's gas prices will likely remain between $3.50 and $4
per gallon over the summer as long as there's no new turmoil in the Middle East.More.
Sales of existing homes up nationally in AprilModest increases in home sales are the latest sign that the market could be starting to turn around nearly five years after
the housing bubble burst. Still, housing construction remains at roughly half the pace that economists consider a healthy
market.More.
Gregg, Pence tap women for gubernatorial ticketsRepublican candidate Mike Pence toured the state Monday with his choice for lieutenant governor: state Rep. Sue Ellspermann.
Democratic candidate John Gregg, meanwhile, is set to announce that longtime Senate Minority Leader Vi Simpson will join his
ticket.More.
Indiana prison education cuts cost Ball State jobsA new law denying state grants for college education to prison inmates has cost the jobs of more than 70 Ball State University
employees.More.
Indiana casinos face falling revenue, new competitionIndiana's nearly 20-year-old casino industry is facing declining revenues and growing out-of-state competition, prompting
lawmakers to consider what, if any, regulatory changes might be able to stem the tide.More.
Once an Obama coup, Indiana less a battlegroundBarack Obama was the first Democrat in 44 years to win Indiana in the 2008 presidential race. A repeat seems doubtful this
year.More.
Shares of Facebook stall after company's record IPOFacebook sold 421million shares to raise $16 billion, giving the company a $104 billion market value. After the debut, underwriters
bought the stock to keep it from falling below the IPO price.More.
Big Ten Network cuts academics, citing low ratingsThe Big Ten cable network has been an unchallenged success promoting conference sports to a national audience and making money
for its members.More.
Indiana issues call for external audit of tax agencyIndiana budget leaders are looking for an external auditor to review the state Department of Revenue after workers discovered
$526 million in errors in recent months.More.
Indiana lottery seeking ideas from private firmsThe Indiana State Lottery Commission endorsed a plan Wednesday to seek out private companies to take over some operations
of the Hoosier Lottery, a state agency whose income has shrunk in recent years.More.
Gubernatorial candidate Gregg calls for corporate tax cutDemocratic gubernatorial candidate John Gregg called for eliminating the state's corporate income tax on Indiana-based
businesses Wednesday as he continued to roll out his policy ideas ahead of November's election.More.
Unemployment tax repayment causes confusionIndiana's plan to balance an unemployment insurance fund hit hard during the recession might have caused businesses to
pay more than they owed, although no one seems to know how many companies were involved or the level of impact it had on them.More.
Acting Indiana chief justice Dickson picked to head courtThe Indiana Judicial Nominating Commission voted Tuesday to make Brent Dickson the state's first new chief justice in
25 years.More.
Work on central Indiana wind farm set for this summerA company planning to build a wind farm spread across four central Indiana counties north of Indianapolis says it has obtained
125 building permits for the project's first phase.More.
Indiana governor hopefuls detail ideas for job growthRepublican Mike Pence, Democrat John Gregg and Libertarian Rupert Boneham each say job creation would be "job one" if elected
governor. But their means to reaching employment goals vary from dispatching missionary-style investment gurus, to growing
more hemp and bamboo, to increasing wind-turbine manufacturing in the state.More.
Indiana delegation could see gender shakeupIndiana has had only five female members of Congress in its history, none at the same time, and is currently among 16 states
without a female serving in either the House or Senate. That could change this fall, though.More.
Indy art museum receives grant for Miller HouseThe Indianapolis Museum of Art has received a grant to digitize, catalog, and put online a collection of materials about a
1957 modernist-style home in Columbus designed by famed architect Eero Saarinen.More.
Indiana judge declines to release Sugarland testimonyA judge hearing several lawsuits filed over last summer's Indiana State Fair stage collapse declined Wednesday to release
depositions from country duo Sugarland and told a plaintiff's attorney he shouldn't have publicized videotaped portions
of the lead singer's testimony last month.More.
Lugar's frustration surfaces after Indiana defeatConceding defeat for the first time in nearly four decades, U.S. Sen. Richard Lugar pledged to support the tea party-backed
rival who had just ousted him. But hours later, the Indiana Republican issued a statement chastising primary winner Richard
Mourdock.More.
Brooks wins GOP nod for retiring Burton's seatFormer U.S. Attorney Susan Brooks has won the Republican nomination for the 5th congressional district seat in central Indiana
that retiring GOP Rep. Dan Burton is giving up after 30 years.More.
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Typical CEO at public firm made $9.6M last year, study findsStudy that pegs Simon Property's CEO as highest-paid finds executive compensation is soaring along with profit at public companies.More.
Pending GED changes likely to challenge some adultsBy 2014, passing the Indiana General Education Development exam is likely to be more difficult for many adults, but those
who do pass it will be more employment-ready.More.
Local school district reviewing test breach allegationsLeaders of an Indianapolis school district said they're preparing a report for state officials into the possible disclosure
of student assessment test questions by teachers at one of the state's largest high schools.More.
Lawmakers to study auto plates, child protectionThe summer study groups sometimes set the basis for action in the following session. The divisive right-to-work law approved
this year was reviewed last summer in a series of study committee hearings.More.
Indianapolis Public Schools laying off 163 workersIndiana's largest school district is planning to lay off 163 workers, including 94 teachers, largely because of the state
takeover of four schools starting this fall.More.
Gregg picks Simpson to add balance to ticketDemocratic gubernatorial candidate John Gregg reached out to his party's base Tuesday with his pick for lieutenant governor,
a liberal lawmaker with decades of experience at the Indiana Statehouse.More.
Fire won't stop Shelby County fair, organizers sayOrganizers plan to put on a central Indiana county fair as best they can despite a weekend fire that destroyed its 133-year-old
wooden grandstands.More.
Pence picks Indiana legislator as running mateRepublican Mike Pence has picked first-term state Rep. Sue Ellspermann as his running mate in his campaign to become Indiana's
next governor.More.
Democrats stretch residency complaints to PenceDemocrat John Gregg's argument is part of a broader effort to label Mike Pence as a creature of Washington more than he is
of Indiana.More.
New payout process awaits stage collapse victimsThe Attorney General's Office said in an email to claimants that it is trying to find an "an efficient and respectful
way" to distribute the money while limiting lawsuits.More.
Pence set to announce running-mate pickRepublican Mike Pence's campaign said Friday he will announce his running mate in his campaign for Indiana governor on
Monday.More.
Kids to sell lemonade at the Indiana StatehouseMore than 15,000 young people from pre-school age through high school will open lemonade stands across the greater Indianapolis
area this weekend.More.
U.S. jobless claims hold steady for second straight weekThe number of people seeking unemployment benefits was unchanged last week, suggesting some gains in the job market.More.
Pacers' Bird named NBA's executive of the yearIndiana Pacers President Larry Bird was voted National Basketball Association Executive of the Year on Wednesday, becoming
the first person to win the award after also receiving the league's MVP and Coach of the Year honors.More.
Subaru to add 100 jobs as part of $75 million expansionSubaru already employs 3,600 at its Lafayette facility, with 600 workers added in the past three years. The expansion will
ramp up production from nearly 171,000 cars a year to at least 180,000.More.
Judge says lawsuit can proceed against for-profit educatorA federal judge has ruled that a lawsuit can proceed against a large for-profit education company accused of using improper
sales tactics to lure unqualified students and the billions of dollars in financial aid they bring. The company has two colleges
in Indianapolis.More.
Feds say wiretaps show evidence of financial plotA federal judge in Indianapolis refused to throw out wiretap evidence in the $200 million fraud trial of former Indiana businessman
Tim Durham as the government outlined a case largely based on those recordings.More.
Bicycle advocacy group urges riding to work FridayMotorists in central Indiana should expect to share the road with a lot of bicyclists during their morning and afternoon commutes
Friday.More.
Next Indiana governor won't see much toll road moneyThe $3.8 billion that Indiana netted in 2006 from leasing the Indiana Toll Road to a foreign consortium will be mostly spent
or allocated by the time the state's next governor takes office in JanuaryMore.
JPMorgan Chase takes fire for 'hedge,' $2 billion lossMore than three years after the financial industry almost collapsed, the colossal misfire has been cited as proof that big
banks still do not understand the threats posed by their own speculation.More.
Purdue looks to new clinic to cut health costsPurdue University's trustees approved plans Friday for a new campus medical clinic that administrators expect eventually
will cut the school's health care costs for employees and their families.More.
Indiana State Fair makes management changesThe Indiana State Fair has hired a chief operating officer and a director of safety and security as part of management changes
spurred by last summer's deadly stage-rigging collapse.More.
Lugar's legacy in Senate: Cooperation and securityColleagues considered six-term Sen. Richard Lugar a visionary who looked beyond U.S. exuberance over the end of the Cold War
and saw the dangers and opportunities in the collapse of a nuclear-armed Soviet Union.More.
Carson, May to meet in 7th District congressional raceRep. Andre Carson easily defeated three Democratic challengers in Tuesday's primary to win his party's nomination
in central Indiana's 7th District. He will face Carlos May, a former aide to Indianapolis Mayor Greg Ballard.More.
Indiana congressional candidates get 2nd chancesTuesday was a night of second chances in many of Indiana's congressional primary races.More.
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Chief, thanks for the heads up, Jenna repeats what I have been saying for 16 years. The Cart model fails whenever it is tried. I hope she is wrong, the owners can't run the series, it kills racing series.
"The team principals fight for power with the league, fight with each other over rules and generally search for just about anything to complain about. Unlike Formula One and NASCAR, which both succeed operating as virtual dictatorships, IndyCar has moved closer to the model that ultimately killed CART—the inmates trying to run the asylum.
"You are never happy with a racing association, they've all got problems," A.J. Foyt said Monday. "I don't care if it's NASCAR or its SCCA, or whoever. Somebody is always going to be upset with something." "
So Chief, TG, IMS, IRL, did not kill cart, cart killed itself. That is your quote, and you are right. TG, IMS, IRL saved American OW racing. Hopefully Belaskus can resist the urge to give in to the inmates.
Is there anywhere online where you can see the size and currently proposed design? I am pretty sure I have seen this in other places, but what of building a five story (20' deep) condo building directly in front of a parking garage? You would have apartments/condos that have great window views from every room that would be very marketable and also have the commercial at the ground level. You could actually build it as a separate building but closely adjoining the garage completely shielding it from view, but giving an attractive street appearance. I would think that this would be at least a net break even if not a gain for the developer. Thoughts?
Apparently in a story released by Jenna Fryer of the AP one hour ago, a rift has developed between Owners and Indycar.
This has advanced so far in secrecy that Penske and Randy Bernard hadn't spoken since the Chevy appeal was denied over the Honda turbo issues.
Fryer also stated the owners are banding together in an effort to have Bernard removed. YMMV.
http://sports.yahoo.com/news/bernard-wants-focus-indianapolis-500-162849948--irl.html
with the fact the CART owners chose to let the Hulman family bankroll their racing businesses twice. Six hundred million. $39 million this year on team support.
IndyCar gets set for its biggest day of the year, but it’s back to anonymity on Monday