Last UpdatedSAT., MAY 25, 2013 - 9:06 PM
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$225M Westfield project in worksRestricted Content

Developer Steve Henke’s vision for Grand Park Village is grand: a 20-acre lake surrounded by an East Coast-style boardwalk lined with restaurants and shops. He sees a carousel at one end of the lake and a Ferris wheel at the other—with a beach, mini marina and watering hole in between.More.

Forty percent of school districts to see no funding increase

Associated Press
Lawmakers overall increased school funding 2 percent next year and 1 percent the following year. But shifts in how that money is awarded mean some districts actually might see decreases.More.

New WellPoint CEO Joe Swedish thrives on complexityRestricted Content

J.K. Wall
Joe Swedish, a career hospital executive, is now two months into his job at the helm of Indianapolis-based WellPoint, the nation’s second-largest health insurer. In his first interview since starting work, Swedish indicated he’s taking his time to learn the people and the culture of the vast organization he now leads.More.

FDIC sues executives over Irwin failureRestricted Content

Chris O'Malley
The Federal Deposit Insurance Corp. has filed suit against four former officers of defunct Irwin Financial Corp. banks, alleging they “closed their eyes to known risks” in approving loans that contributed to the banks’ 2009 takeover by regulators.More.
MAY 27-JUNE 2, 2013
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FDIC sues executives over Irwin failureRestricted Content

The Federal Deposit Insurance Corp. has filed suit against four former officers of defunct Irwin Financial Corp. banks, alleging they “closed their eyes to known risks” in approving loans that contributed to the banks’ 2009 takeover by regulators.More.

New WellPoint CEO Joe Swedish thrives on complexityRestricted Content

Joe Swedish, a career hospital executive, is now two months into his job at the helm of Indianapolis-based WellPoint, the nation’s second-largest health insurer. In his first interview since starting work, Swedish indicated he’s taking his time to learn the people and the culture of the vast organization he now leads.More.

Indy startup sees green in cheaper 3D printingRestricted Content

Launched in January, 3D Parts Manufacturing joined a recent surge in rapid prototyping and additive manufacturing operations known as 3D printers. Rather than screwing and gluing parts together, operators plug digital designs into machines that shape plastic and metal powders from the bottom up, one microscopic level at a time.More.

Finish Line's cash hoard could make it alluring targetRestricted Content

The Indianapolis-based retailer is debt-free and has amassed $227 million in cash on its balance sheet. That works out to $4.63 per share.More.

PROXY CORNER: Ameriana BancorpRestricted Content

New Castle-based Ameriana Bancorp operates a dozen banking offices in north-central and central Indiana.More.

Indiana 8th-graders best most nations in math, scienceRestricted Content

In the same year the Legislature passed a set of sweeping reforms to improve Indiana’s public schools, Indiana’s eighth-graders were scoring No. 7 in the world on an international math test.More.

DINING: Libertine liberates diners from bar food norms

Last in a month-long series of Cultural Trail restaurant reviews.More.

HETRICK: In Pendleton, living the good life on the edge of an edge city

If Carmel epitomizes edge city in central Indiana, then I’m now living on the edge of the edge.More.

MAURER: Marriage equality going mainstreamRestricted Content

When will Indiana become known as a state that welcomes all regardless of sexual orientation?More.

RUSTHOVEN: Obama's Teflon starting to wearRestricted Content

The president’s had a bad fortnight. Worse lies ahead.More.

Hicks: International trade is the exact opposite of warRestricted Content

Among economists of all stripes, it is well understood that international trade increases wealth, reduces poverty and generally makes everyone better off in the long run. The only real question is whether the total economic benefits are immediately realized or take just a few years to mature.More.

Closing long-term parking lot is short-sighted decisionRestricted Content

I am sincerely baffled by the Indianapolis Airport Authority’s [May 6 online] decision to close long-term parking, the closest surface lot to the terminal, essentially forcing all surface parking to the more distant economy lot.More.

Stonegate raises $115M to fund jumbo mortgage expansion

The fast-growing Indianapolis-based firm will use the funds to fuel originations of loans not intended for government-backed programs, as well as to build its portfolio of servicing contracts, CEO Jim Cutillo said.More.

Kennedy partners with Olympic runner to buy shoe chain

Indiana running icon Bob Kennedy believes Movin Shoes Inc. has great potential for growth. Its California location doesn't violate Kennedy's non-compete agreement with Indiana's BlueMile chain.More.

People in the news - May 27, 2013

People listings are free.More.

$225M Westfield project in worksRestricted Content

Developer Steve Henke’s vision for Grand Park Village is grand: a 20-acre lake surrounded by an East Coast-style boardwalk lined with restaurants and shops. He sees a carousel at one end of the lake and a Ferris wheel at the other—with a beach, mini marina and watering hole in between.More.

High-profile developer chases Indy debutRestricted Content

Cleveland-based Forest City Enterprises Inc., developer of the 76-story New York by Gehry in New York City, is teaming with Keystone Group in its bid to redevelop a prime piece of downtown real estate where Market Square Arena once stood.More.

Homebuilder focuses on 'pocket' communities near Carmel attractionsRestricted Content

Two Carmel natives operate Old Town Design, which is building small neighborhoods of new Craftsman-style homes in and near downtown Carmel's old neighborhoods.More.

Feds used wire tap, undercover agent in Land Bank probe

A federal public-corruption task force used a wire tap and an undercover FBI agent to unravel a fraud scheme authorities say was orchestrated by two city employees and three co-conspirators.More.

Indianapolis education up-and-comers are fierce competitorsRestricted Content

Friends' competition for bragging rights lands both on Forbes' 30 Under 30 lists.More.

LOU'S VIEWS: Jim Gaffigan's book offers notes on parenting from a funnyman father

The stand-up comic—and Indiana native—puts five kids’ worth of experience into book form. Plus, thoughts on Dance Kaleidoscope’s ‘Barefoot Renegades.’

More.

BENNER: One Hoosier tradition is back; another has miles to goRestricted Content

The Indiana Pacers have returned from the depths, but the Indianapolis 500 might never reclaim its glory.More.

EDITORIAL: Open the Market Square Arena processRestricted Content

Mayor Greg Ballard should reverse his decision to keep the redevelopment proposals for the former Market Square Arena site under wraps.More.

SHELLEY: Indiana architects finally get Good Samaritan billRestricted Content

When a tornado swept through Henryville in 2012, I know plenty of Indiana architects who would have gladly volunteered their time to help first responders assess the structural integrity of houses, school buildings, churches and stores.More.

Kim: What investors should learn from Facebook's IPO fiascoRestricted Content

Facebook’s initial public offering on May 17, 2012, was the most highly anticipated IPO since Google’s in 2004. As we know now, Facebook’s $38-a-share IPO turned out to be a fiasco from the moment NASDAQ catastrophically botched the opening of trading.More.

Broad Ripple project will stimulate spendingRestricted Content

Some business are worried that Canal Pointe will detract from their income [May 11]. Without a doubt, this specific area needs developing.More.

Indianapolis Indians seeking new ad agencyRestricted Content

Indianapolis-based Hirons & Co. has held the contract for 10 years. But earlier this year, the Indians decided it was time to see if Hirons or another agency had new ideas.More.

Pittman pitches $90M mixed-use project for Zionsville

One of the highest-profile tracts of undeveloped land in Zionsville could be transformed into a commercial and residential hub if Pittman Partners' 62-acre project gets the town’s blessing.More.

Pike Township audit focuses on misused gas cardRestricted Content

A former secretary in the Pike Township trustee’s office could face criminal charges after an internal investigation and state audit found that she used a township credit card to fill up her own gas tank.More.

Records - May 27, 2013

Records listings from the May 27, 2013, issue of IBJ.More.
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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: 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.
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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 UpdatedSUN., MAY 26, 2013 - 12:20 AM

Forty percent of school districts to see no funding increase

Lawmakers overall increased school funding 2 percent next year and 1 percent the following year. But shifts in how that money is awarded mean some districts actually might see decreases.More.

Indianapolis falls to 13th in population among U.S. cities

Austin, Texas, moved from 13th to 11th, pushing Jacksonville, Fla., and Indianapolis each down a spot.More.

U.S. unemployment aid applications show decline

Jobless claims are showing gradual improvement, but for hiring to strengthen enough to lower the unemployment rate to a more normal level, companies must gain more confidence in the economy.More.

Mayor suspends land bank after indictments

Indianapolis Mayor Greg Ballard on Wednesday sidelined a city program that sells vacant and tax-delinquent properties, one day after federal prosecutors indicted two of its top officials for allegedly accepting bribes and kickbacks.More.

Indiana presses ahead with I-69's next section

The company that will build the 21-mile Bloomington-to-Martinsville segment by upgrading existing State Road 37 will sign a public-private deal under which it will arrange its own financing to design and build that stretch.More.

Indiana ambulance plant with 165 workers closing

The decision to close the Elkhart factory comes two weeks after Allied Specialty Vehicles bought SJC Industries. Production will be moved to a Florida factory in the coming months.More.

Indiana BMV says it may have overcharged for licenses

The Bureau of Motor Vehicles made the acknowledgement in a response to a class-action lawsuit that alleges Indiana collected up to $30 million more than it should have by charging drivers more for licenses than allowed by law.More.

Group claims Ball State prof teaching creationism

The Freedom From Religion Foundation has filed a formal objection with university officials over an elective honors class called "Boundaries of Science," which the foundation maintains teaches religion rather than science.More.

Central Indiana county leaders back reservoir study

The Delaware County commissioners on Monday endorsed a resolution supporting environmental and engineering studies for the proposed Mounds Lake Reservoir.More.

Lids acquiring Kentucky sporting goods chain

The CEO of a private equity firm that helped fund the Lexington-based Fan Outfitters chain said new regulations imposed by the Affordable Care Act prompted the group to look at the offer from Lids.More.

Purdue makes fast progress on tuition freeze

The school is nearly three-fourths of the way to reaching its goal of $40 million in savings or new revenue.More.

Indiana withdraws support for fertilizer plant

State officials have withdrawn incentives for a fertilizer plant over concerns about whether its Pakistan-based owners are doing enough at their overseas operations to keep the potentially explosive material from being used against U.S. troops.More.

New owner shutting down 520-worker Indiana plant

Allied Specialty Vehicles announced Thursday it was buying Monaco RV and shifting production to a factory in Decatur, near Fort Wayne. The 520 jobs lost in Wakarusa won't be replaced on a one-to-one basis.More.

Aerospace company plans central Indiana factory expansion

L&E Engineering Co. officials say the company will spend $3.7 million to expand its Greenwood factory and add about 40 employees.More.

Top Indiana wind farm drafts bat-protection plan

The operators of Indiana's largest wind farm are proposing changing the nighttime operations of the farm's 300-plus wind turbines to protect endangered Indiana bats from being killed by the turbines' spinning blades.More.

Ball State: 5 revoked charter schools lose appeals

Ball State University has closed the books on its January decision to pull its sponsorship of seven academically struggling Indiana charter schools.More.

Indiana farmers catching up on some planting

A weekly report says 30 percent of Indiana's corn crop was planted as of Sunday, up from 8 percent the week before, but still off the 5-year average of 54 percent.More.

Michigan doctor named dean of IU School of Medicine

Dr. Jay Hess was picked to become the 10th dean in the school of medicine's 110-year history and the first dean in the past five to come from outside IU.More.

Foes organizing against central Indiana wind farm plans

A Chicago-based company is seeking permission from Delaware County officials to build about 30 turbines across 15,000 acres of agricultural areas northeast of Muncie.More.

Ball State president among nation's highest paid

BSU's Jo Ann Gora was the fifth-highest-paid public college president in the United States during the 2011-12 academic year, according to a new survey released Monday.More.

'Pause' on Common Core leaves teachers in limbo

Lawmakers voted last month to delay full implementation of the academic standards to allow time to study the potential costs of implementing or abandoning the standards and hold public meetings.More.

New leader named for Indiana natural resources agency

Gov. Mike Pence has picked Cameron Clark to lead the agency that oversees the state's parks, wildlife areas and historic sites and enforces hunting laws.More.

Duke Realty puts 17 Midwest office buildings on block

The developer is selling the buildings in Cincinnati, Cleveland and St. Louis to increase its emphasis on industrial properties. A research firm values them at $149 a square foot, or a total of about $350 million.More.

Greenfield plant transforms waste into fertilizer

Spring gardeners, lawn manicurists and nursery folk of all varieties on the hunt for cheap fertilizer this planting season need look no farther than the Greenfield's wastewater treatment facility.More.

Demolition starts at old Indianapolis airport terminal

The terminal's four concourses and other structures built between 1954 and 1987 are all expected to be cleared by year's end.More.

Indy 500 fans will find track security tighter this year

Fans coming to the Indianapolis Motor Speedway for this weekend's Indy 500 will notice some changes in the traditional routine in response to last month's bombing at the Boston Marathon.More.

Indiana lawmakers to review ISTEP test troubles

Indiana lawmakers said Thursday they will spend the coming months reviewing computer troubles with a statewide standardized test, the use of land banks to sell vacant property and other problems uncovered around the state.More.

Fort Wayne schools want 3rd party to review ISTEP

Indiana's largest school district says it won't accept results of this year's standardized testing until an independent third party validates the scores.More.

Three former executives sue Carbon Motors over pay

Executive vice presidents of a company that planned to build high-tech police cars at an eastern Indiana factory are seeking more than $600,000 in deferred wages.More.

EPA seeks to add Keystone property to Superfund list

The U.S. Environmental Protection Agency on Tuesday proposed adding three sites in Indiana—including one in Indianapolis—to its highest priority cleanup list for hazardous waste sites.More.

ESPN counting on story lines to sell Indy 500

There is no shortage of compelling story lines accompanying Sunday's race, leaving television executives feeling confident about another bump in viewership this year.More.

Donors help after girl's stand shut down at track

Morgen Morris said she had a line of customers during Saturday's Indy 500 qualifications day when a Indianapolis Motor Speedway employee told her she had to shut down her lemonade stand.More.

Indiana lawmakers gave approval to 12 percent of 2013 bills

Measures filed in the Indiana General Assembly this year faced about 1-in-8 odds of making their way to the governor's desk.More.

Deadline looms for state's Do Not Call list

Since January, the state attorney general's office said it has received more than 5,000 complaints about telemarketing calls from live operators or prerecorded messages.More.

Work stops on Greenwood pharmaceutical plant

Greenwood officials three years ago approved $8.4 million of incentives for the Elona Biotechnologies project, including the construction loan.More.

Counties worry about cost of sentencing overhaul

Indiana counties could be forced to pay some of the costs of a change in the state's criminal code that is designed to keep low-level offenders out of prison while ensuring the worst serve more of their sentences.More.

River protest set for proposed central Indiana reservoir

Organizer and environmentalist Clarke Kahlo told The Herald Bulletin that the group is trying to build public awareness of the amount of land that would disappear if the reservoir is built.More.

Court upholds Indiana's limit on civil damages

The Indiana Supreme Court has upheld the state law limiting punitive damages awarded in civil lawsuits and directs most of that money to a state victims fund.More.

Fed review finds Indiana highway land deals compliant

The Federal Highway Administration report found Indiana Department of Transportation records were adequate and sufficient.More.

Indiana BMV ends specialty plate talks with 3 groups

The BMV stopped negotiations with the Indiana Greenways Foundation, the Indiana 4-H Foundation and the Indiana Youth Group.More.

Zak Brown turns down IndyCar CEO job

Brown said he instead will relocate in July to England to continue the growth of his Zionsville-based agency, Just Marketing International.More.

Broad Ripple flooding in 2012 becoming costly for city

The city of Indianapolis faces possibly paying several hundred thousand dollars for a restaurant badly damaged by flooding that swamped a neighborhood during a downpour a year ago.More.

Indianapolis schools encounter more ISTEP glitches

Indianapolis students trying to complete standardized tests that already have been delayed by technical issues have encountered more problems.More.

High court rules against Indiana farmer in patent case

The Supreme Court has sustained Monsanto Co.'s claim that an Indiana farmer violated the company's patents on soybean seeds that are resistant to its weed-killer.More.

Indiana schools seeing more success with tax hikes

Indiana school districts that won voters' approval last week for the majority of the tax increases they had sought to boost school funding may be becoming more skilled at selling the public on the need for those tax hikes.More.

Pence signs $100 million Speedway funding bill

Indiana Gov. Mike Pence has signed a bill that will provide a $100 million state loan to the Indianapolis Motor Speedway for planned improvements.More.

Developer planning $60M project near Ball State

Investment Property Advisors of Valparaiso hopes to build a four-story building wrapping around a six-story parking garage that will have 228 apartments and storefronts on the street level.More.

Pence signs Indiana voucher expansion bill

Gov. Mike Pence visited Calvary Christian School on the south side of Indianapolis on Thursday to sign the plan that will make more children eligible for vouchers.More.

Unemployment aid applications fall to five-year low

Much of the job growth has come from fewer layoffs. Overall hiring remains far below pre-recession levels.More.

Indiana governor signs $30B state budget into law

Gov. Mike Pence praised Indiana's new two-year, $30 billion budget for its tax-relief measures and other provisions as incentives that would lure new investment and jobs to the state.More.

Blogs

 

A&E, etc.

BENNER: One Hoosier tradition is back; another has miles to goRestricted Content

The Indiana Pacers have returned from the depths, but the Indianapolis 500 might never reclaim its glory.More.

LOU'S VIEWS: Jim Gaffigan's book offers notes on parenting from a funnyman father

The stand-up comic—and Indiana native—puts five kids’ worth of experience into book form. Plus, thoughts on Dance Kaleidoscope’s ‘Barefoot Renegades.’

More.

HETRICK: In Pendleton, living the good life on the edge of an edge city

If Carmel epitomizes edge city in central Indiana, then I’m now living on the edge of the edge.More.

DINING: Libertine liberates diners from bar food norms

Last in a month-long series of Cultural Trail restaurant reviews.More.

More A&E, etc.

FEATURED MAGAZINES AND SUPPLEMENTS

Golf & Travel 
                              Magazine 2013   Golf & Travel
Magazine 2013

Central Indiana golf course owners parlayed the drought of 2012 into revenue increases that beat the national averages. Get the details in IBJ's annual golf guide, which this year includes an online interactive directory of more than 400 of Indiana’s public and private courses.

 

HCH   Health Care Heroes
Indianapolis Business Journal is pleased to present the 13th annual Health Care Heroes awards. Each year, IBJ solicits nominations from the public in five categories. A committee of judges from all facets of health care picks three finalists, including a winner, in each category.

 

2013 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 2013 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.

 


PROMOTIONAL SUPPLEMENTS

Mira
                              2013   Mira Awards 2013
Read about the Best of Tech in Indiana as TechPoint celebrates the 2013 Mira Awards winners and finalists. Technology is changing the world – how we communicate, how we work and how we spend our time. Mira recognizes Indiana companies, universities, educators and leaders that are driving change.

 

2013 Giving Guide   Giving Guide
Not-for-profits play a huge role in the quality of life within the Indianapolis region. The 2013 Giving Guide showcases the mission, progress, governance and intiatives of these featured organizations.

 

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.
 
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Forefront

Forefront 050613

In this issue of Forefront, Mark Souder compares how Mike Pence, David Long and Brian Bosma reacted to Republican losses in November. Mitch Daniels asks if college graduates are prepared to tackle the national debt. Also, Ted Boehm, Kathy Davis, James H. Madison and Cecil Bohanon analyze the legislative session, and Sam Odle suggests regulating bullets like drugs.
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