Gearheads are sure to be excited over the new engine and chassis package at the Indianapolis 500 this year, but IMS and IndyCar Series officials hope the highly publicized changes will be enough to grab the attention of more casual fans and create an attendance and TV ratings boost.More.

The two main retail centers in a northeast-side development area will be at 100-percent occupancy when Uncle Bill’s Pet Express opens in a small space at Binford Boulevard and 71st Street. Binford Area Growth and Revitalization, a super-neighborhood association better known as BRAG, began striving for this milestone in 2005.More.

Husband-and-wife entrepreneurs Randy and Angie Stocklin started Greenwood-based One Click Ventures out of their home with $20,000 in 2005. They now own a portfolio of niche retail websites, including SunglassWarehouse.com, HandbagHeaven.com and Scarves.net, which brought $5.3 million in revenue last year.More.

Some manufacturers favor legislation that would encourage consumers to return their empties.More.

Brent and Matthew Claymon have founded OnSite Space LLC and acquired Indianapolis-based Tyson Corp., to form OnSite Space by Tyson. The brothers sold Pac-Van in 2006 and have returned to the industry after their five-year non-compete expired.More.

Boone, Hancock counties on the Muncie-based bank's radar.More.

Inside the Indianapolis Museum of Art, there's African art. Outside, there's "Oedipus at Colonus."More.

The recent suicide of former San Diego Chargers linebacker Junior Seau is the latest exclamation point to growing concern about the violence that is part of football, especially in the NFL.More.

The Mira Awards focus attention on the broader issue of the important role technology plays in Indiana’s economy.More.

Would Andrew Luck the Aspiring Architect ever consider moving to Indy?More.

When it comes to corporate governance, my firm has been roundly critical of the unending escalation in executive compensation.More.

I am as excited as the next fan about the selection of Andrew Luck to be the Colts' new quarterback, but do we need 24/7 coverage [May 7]?More.

Imagine an Indianapolis where walking and biking are common ways of getting to work, to school, to visit friends or to run errands.More.

Indianapolis Power & Light, others say money is at stake if tighter controls are enforced.More.

Melina Kennedy has joined the diesel engine maker's corporate communications team and will be responsible for executive communications, research and speechwriting for CEO Tom Linebarger.More.

CIB and city tourism leaders say that the money was well spent considering the game could translate to $300 million in direct visitor spending over the next several years.More.

Some businesses will just say, "We’re big enough. We don’t need that hassle."More.

He knew what worried me and he showed how my vote helped solve that problem.More.

Lugar was ousted by a man whose most dangerous quality is his unabashed embrace of previously unthinkable positions.More.

She will be a brilliant ambassador for the type of conservatism that excludes no one.More.

It would be nice to see a little more thoughtfulness and a little less brute force.More.

Often, there are process issues or other substantive problems that need to be addressed before more money is thrown down the proverbial tube.More.

The voucher advocates got their way and now have no else to blame for any failures.More.

Football remains a violent game, a game I loved playing and still love watching.More.

The consequences? None for the mob, but a citation for the shop owner for not removing the graffiti.More.

People listings are free.More.

The Indianapolis Motor Speedway is selling advertising along the world-famous, 103-year-old race course for the first time ever, a break with tradition that promises to boost its financial firepower as racetracks nationwide are struggling.More.

Local firm hired Carmel-based MediaSauce two years ago to help design, develop and market Stitch, a platform for schools to create an online version of their yearbook. The product, tested at 54 schools, is expected to roll out nationally in July.More.

Duke Realty Corp. has retrenched at its massive Anson development in Whitestown—focusing on the most promising sections, rearranging some of its site plans, and letting land-purchase contracts expire on about 300 acres where development prospects are likely several years away.More.

The FBI had been investigating Tim Durham since March 2009, when his friend Dan Laikin, a Fair Finance board member, offered up incriminating information on the Indianapolis financier in hopes of securing a lighter sentence for himself in an unrelated case.More.

Indiana has taken “a giant step backward” in the availability of early-stage capital for life sciences companies, according to the Indiana Health Industry Forum—which also has a few ideas on how to reverse those developments.More.

City Securities co-chairman still dispenses wisdom accumulated over a career touching on everything from baseball to folding doors.More.

A few Indiana banks enjoy prices in excess of 150 percent of book.More.

Third in a month-long series of Keystone Crossing/Clearwater Crossing-area restaurant reviews. This week: Late Harvest Kitchen.More.

It’s great to see such an impressive team of corporate and civic heavy-hitters working together to ensure a bright future for one of central Indiana’s most iconic businesses.More.

Today’s GOP has come to be known as the Party of No.More.

Smart-phone app costs can vary by orders of magnitude, just as websites can. The challenge is getting them to pay for themselves.More.

The plain reality is clear: Austerity is coming to Europe, either as a planned and thoughtful exercise or through fiscal ruin.More.

Bruce Hetrick’s thoughts [May 14] on Richard Lugar really touched me.More.

Many have bounced back and report asset levels that exceed their 2007 highs.More.

The Indiana Judicial Nominating Commission voted Tuesday to make Brent Dickson the state's first new chief justice in 25 years.More.

Subaru 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.

The Cornea Research Foundation of America is a not-for-profit clinical research organization dedicated to the preservation and restoration of vision.More.

The only real difference is that in private clubs smoking will be allowed and in public clubs smoking will not be allowed.More.

A slavish devotion to purity in ideology leads to an inability to get anything done.More.

Forget about your heart and look at the numbers.More.

Voters want to turn back to this country’s founding principles of fiscal constraint and family values.More.

What truly distinguishes the parties is how we prioritize when interests conflict and how we assess the risk of inaction.More.

“Coming Apart” is about the gradual slip of the American Dream from possibility to impossibility.More.

We now have proven revitalization strategies and a collaborative spirit.More.

We trailed, believe it or not, Illinois and Louisiana, among others.More.

Current right-wing mythology has it that bad banking is always the result of government intervention.More.

Records listings from the May 21, 2012, issue of IBJ.More.

In the 10 years BioCrossroads has been promoting life sciences in Indiana, the effort has netted more than 330 new companies, an infusion of more than $330 million in venture capital, a tripling of exports, and a growing number of mentions in national reports on life sciences.More.

Wealth and fame often lead professional athletes to share their success in the charitable arena, but those efforts rarely last much longer than their careers as the organizations struggle to survive in an already-crowded philanthropic field.More.

Executives at Indiana’s public companies got rich in the down-and-up market, even when investors didn't. CNO Financial's Jim Prieur, for example, received stock grants now worth $4.4M, despite share prices that are 40 percent lower than three years ago. With searchable database.More.

Charters and vouchers may have sparked the loudest education-related protests before the Legislature this year, but changes to teacher evaluations are likely to have the biggest impact on Indiana’s public schools.More.

With economic growth in the United States sluggish, Indiana companies are joining the race to capitalize on the fast-growing Chinese economy—even as hundreds of millions of Chinese move into the middle class and adopt a Western-style thirst for goods and services.More.

As a Danville school board member and superintendent of Indianapolis Metropolitan High, Scott Bess is straddling the increasingly contentious chasm between traditional public schools and privately operated charters.More.

The pitch from Mayor Greg Ballard’s administration to privatize the city's parking meters is compelling, but the proposal to sell the meters to Dallas-based Affiliated Computer Services Inc. has the city giving up more in the long run than is immediately apparent.More.

Top executives at Indiana's public companies have largely been insulated from the economic crash. IBJ's review of executive pay found that, although 131 of the 238 executives listed in proxy statements the past two years saw annual compensation fall in 2009, only 10 experienced cuts of more than $1 million.More.

Records show Marion County Prosecutor Carl Brizzi directed lucrative work for the Prosecutor's Office to his friend, business partner and political contributor John Bales.More.

For investors, 2008 was the worst year since the Great Depression. Even so, more than half of the state's public-company executives saw the value of their pay packages rise from 2007—despite the fact that only 10 of the companies posted a positive total return in 2008, and 46 companies shed more than one-third of their stock market value.More.

The Simon family's role in building the city has come at a steep price for taxpayers. Simon and its business interests in the last 20 years have collected local government incentives worth more than $400 million, an IBJ tally of those deals shows.More.

Cities must woo people while they’re young—in their 20s or early 30s—because after that age, people tend to hunker down. The Indianapolis area apparently appeals to at least two key groups of young people—particularly those already married, according to a new study by researchers at IUPUI.More.

IUPUI is grappling with how to pay for upkeep and improvements necessary to keep its three world-class athletic facilities—and the city—in the hunt for high-profile sporting events.More.

At an aging building at 863 Massachusetts Ave., they pass through a metal detector and wait in line to show a clerk their identification and copies of overdue bills. Center Township Trustee Carl Drummer sometimes helps. The Trustee's Office received an average of $6.9 million each of the last seven years, mostly from taxes, to provide poor relief-now known as township assistance. But only about $2 million reached the penniless each year, with much of the difference covering administrative overhead....More.

Center Township has real estate holdings worth more than $10 million, according to IBJ research. The township's robust real estate portfolio—highly unusual for an Indiana township—fits Trustee Carl L. Drummer's vision for his taxpayer-supported office. But it makes others see red.More.

Indianapolis Airport Authority CEO John Clark and two key officers spent more than $67,000 last year on travel that included extended business trips to Brazil, Denmark, Greece, Morocco and Switzerland.More.

Several state employees openly questioned how John Bales' real estate brokerage did business long before the FBI launched an investigation that led to his indictment.More.

Three years after Indianapolis Mayor Greg Ballard launched a city office designed to help ex-offenders avoid a repeat prison visit, some of those original supporters say the city’s Office of Re-Entry Initiatives not only has fallen short of that goal but has accomplished little else.More.

Legislation that expands charter schools in Indiana also could increase the number of teachers at those schools without licenses, making it easier for educators like Eric Nentrup to take non-traditional paths to the classroom.More.

There is little agreement—but lots of politics and complex statistics—on how to define success and failure in Indiana’s public schools.More.

Indiana’s Republican-controlled Legislature will likely pass the bulk of education-reform measures being pushed this year by party heavyweights, but partisan rancor could threaten the long-term prospects for a sweeping overhaul of the state’s public schools.More.

Indianapolis Metropolitan High School implemented a school-wide overhaul in its educational approach in only three months. The charter school might be the face of the future for all Indiana public schools.More.

Wall Street bankers for decades sold municipalities like Indianapolis on debt instruments called swaps as a safe way to reduce borrowing costs and hedge against rising interest rates. In reality, the swaps were complicated bets that relied on misguided assumptions, and taxpayers paid.More.

Marion County Prosecutor Carl Brizzi last year intervened in a major drug case to offer a reduced sentence over objections from both law enforcement officers and his own deputy prosecutors.More.

Indianapolis businessman Tim Durham has treated Ohio-based Fair Finance Co. almost like a personal bank since buying it seven years ago, and now he, his partners and related firms owe it more than $168 million, records show.More.

Architecture and urban design students from Ball State have created a vision for urban renewal that is arguably more compelling than the Central Indiana Regional Transit Authority's principal, utilitarian goal of reducing northeast-side highway congestion and air pollution by running a diesel commuter train atop the old Nickel Plate Railroad corridor.More.

Indianapolis-area hospitals have suffered a double whammy of spiking interest rates on their bonds and heavy losses in their investment portfolios and are trying to save cash any way they can.More.

Charter Homes owner Jerry Jaquess fancies himself a white knight for King Park, a neighborhood once known mainly for its rampant crime, boarded-up homes and vacant lots. But as he’s constructed a slew of homes and carriage houses there, the local builder has stirred up several lawsuits, dozens of liens and persistent questions about whether his business is legit.More.

Most public companies say they tie executive compensation to performance, but an IBJ review of pay data from 65 Indiana-based firms shows otherwise. Last year, more than two-thirds of Indiana-based public companies saw their share prices decline, yet many continued to award eye-popping compensation to their executives.More.

An IBJ review of hundreds of pages of public records shows Christopher P. White and his Premier Properties USA Inc. are facing major financial and legal challenges. The most glaring signs of trouble: Contractors have filed more than $3.5 million in liens against Premier’s retail properties in Plainfield; the state of Indiana is trying to recover $375,000 in sales taxes on White’s airplane; and the contractor who renovated his Lake Clearwater mansion is suing him to recover more than $600,000 in unpaid bills.More.

The Indianapolis Colts' evolution from perennial patsy to Super Bowl favorite is a body of work with a seldom-told—and often misunderstood—history. It's easy to see the hues all-pros Peyton Manning, Marvin Harrison and Edgerrin James painted on this masterpiece season. President Bill Polian and Coach Tony Dungy certainly colored the landscape. And Offensive Coordinator Tom Moore added his creativity. But theirs aren't the only signatures on this canvas.More.

A 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.

The oil refiner, which currently has 75 full-time Indiana employees, has begun hiring management, accounting, sales, human resources and information technology workers.More.

Patrick 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.

The 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 fire officials say a fire that destroyed the 133-year-old grandstands at the Shelby County Fairgrounds was arson.More.

Purdue 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.

Modest 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.

Republican 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.

A 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'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.

Barack Obama was the first Democrat in 44 years to win Indiana in the 2008 presidential race. A repeat seems doubtful this year.More.

Facebook 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.

The Big Ten cable network has been an unchallenged success promoting conference sports to a national audience and making money for its members.More.

Indiana 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.

The 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.

Democratic 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.

Indiana'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.

The Indiana Judicial Nominating Commission voted Tuesday to make Brent Dickson the state's first new chief justice in 25 years.More.

A 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.

Republican 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 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.

The 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.

A 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.

Conceding 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.

Former 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.

Study that pegs Simon Property's CEO as highest-paid finds executive compensation is soaring along with profit at public companies.More.

By 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.

Leaders 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.

The 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.

Indiana'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.

Democratic 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.

Organizers 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.

Republican Mike Pence has picked first-term state Rep. Sue Ellspermann as his running mate in his campaign to become Indiana's next governor.More.

Democrat 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.

The 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.

Republican Mike Pence's campaign said Friday he will announce his running mate in his campaign for Indiana governor on Monday.More.

More than 15,000 young people from pre-school age through high school will open lemonade stands across the greater Indianapolis area this weekend.More.

The number of people seeking unemployment benefits was unchanged last week, suggesting some gains in the job market.More.

Indiana 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 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.

A 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.

A 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.

Motorists in central Indiana should expect to share the road with a lot of bicyclists during their morning and afternoon commutes Friday.More.

The $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.

More 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 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.

The 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.

Colleagues 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.

Rep. 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.

Tuesday was a night of second chances in many of Indiana's congressional primary races.More.