Government & Economic Development

Global micro lender Grameen ramps up in IndianapolisRestricted Content

August 6, 2011
Low-income women could receive loans in weeks.
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Marion County prosecutor plots white-collar strategyRestricted Content

August 6, 2011
Cory Schouten
Terry Curry expects his creation of a task force will start paying off with new cases—ranging from employee theft and investment fraud to political corruption—in the next few months.
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HICKS: Cuts will come in wake of federal budget dealRestricted Content

August 6, 2011
Mike Hicks
It is clear that the agreement to raise the United States’ debt ceiling demands cuts to military budgets, to entitlements and to the vast cornucopia of discretionary spending.
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Indiana banks continue quest for tax consistencyRestricted Content

August 6, 2011
Scott Olson
Lobby prepares new pitch for next legislative session.
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Stocks go on roller coaster ride after jobs report

August 5, 2011
Associated Press
Market swings continued all day after a better-than-expected employment report. By the market's close, the Dow was up 60 points, or 0.54 percent, to 11,444.
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Indiana counties wrestling with tax overpayment

August 5, 2011
Associated Press
City and county officials across Indiana are starting to wrestle with how they'll deal with the state's plan to recoup roughly $610 million it overpaid local governments for income taxes it expected to collect.
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City cracking down on noncompliant tax breaks

August 5, 2011
Cory Schouten
The city of Indianapolis is seeking to overturn property tax breaks for more than 20 companies that continued to apply for abatement even though they were unable to meet job commitments.
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Goldsmith stepping down as New York deputy mayor

August 4, 2011
Bloomberg News
New York City Deputy Mayor Stephen Goldsmith, the former Indianapolis mayor who joined Mayor Michael Bloomberg’s administration last year, has resigned to pursue a job financing infrastructure development.
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Franklin Electric moving HQ, 220 jobs to Fort Wayne

August 4, 2011
 IBJ Staff and Associated Press
Franklin Electric Co. Inc. says it will move its corporate headquarters from Bluffton to a $25 million development in Fort Wayne by 2013. The company has 220 employees and expects to add 35 more by 2014.
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U.S. unemployment applications slip slightly

August 4, 2011
Associated Press
The number of people seeking unemployment benefits dipped last week but has been at or above 400,000 for 17 straight weeks.
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Skillman to lead trade mission to Japan

August 4, 2011
Associated Press
The lieutenant governor's delegation will will leave in September and focus on job creation.
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Candidate Pence eyes Indiana income-tax cuts

August 3, 2011
Associated Press
Republican Mike Pence is looking at ways to cut Indiana income tax rates across the board if elected governor next year.
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Indiana tax revenue better than expected for July

August 3, 2011
Associated Press
The new budget year is off to a good start for Indiana's state government with about $23 million more in tax revenue coming in than expected.
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Railroad plans Gary redevelopment, 251 jobs

August 3, 2011
 IBJ Staff
Canadian National Railway Co. on Wednesday announced plans to relocate part of its operations from Markham, Ill., to northwest Indiana.
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Indicted elections chief hires ex-prosecutor Brizzi

August 3, 2011
 IBJ Staff and Associated Press
Indiana Secretary of State Charlie White has hired former Marion County Prosecutor Carl Brizzi as his lead defense attorney in his fight against voter fraud charges.
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Navistar adding, eliminating factory jobs in Indiana

August 2, 2011
 IBJ Staff
Navistar International Corp. announced plans Tuesday to create up to 400 factory jobs in northern Indiana while eliminating 250 manufacturing positions in the eastern part of the state.
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Most Indiana lawmakers vote against raising debt ceiling

August 2, 2011
Associated Press
A majority of Indiana's congressional delegation bucked the trend and voted against emergency legislation to raise the nation's debt ceiling, drawing praise from a tea party official.
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Democrat Gregg wants to improve manufacturing base

August 2, 2011
Associated Press
Former Indiana House Speaker John Gregg said Tuesday he would focus on rejuvenating the state's manufacturing base if he is elected governor next November.
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Obama signs debt bill after final Senate vote

August 2, 2011
Associated Press
The Senate emphatically passed emergency legislation Tuesday to avoid a first-ever government default, rushing the legislation to President Barack Obama for his signature just hours before the deadline.
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Packaging manufacturer plans to expand, add 80 jobs

August 2, 2011
Indianapolis-based DGP Intelsius LLC, a manufacturer and distributor of temperature-controlled packaging, announced on Tuesday morning that it plans to add 80 jobs by 2014 as part of an $870,000 expansion.
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Environmental groups sue to block I-69 construction

August 2, 2011
Associated Press
Citizens for Appropriate Rural Roads and the I-69 Accountability Project said the road expansion would violate federal environmental laws.
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Debt deal would have little impact on economy until 2014

August 1, 2011
Associated Press
The deal reached by Congress to raise the debt ceiling and cut more than $2 trillion in public spending should have only a minor impact on the economy for the next two years. Almost all the cuts would be made in 2014 or beyond.
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Indiana asks court to lift Planned Parenthood order

August 1, 2011
Associated Press
Indiana asked a federal appeals court Monday to lift a judge's order blocking parts of a new abortion law that cuts some public Planned Parenthood funding, saying the issue should be decided by Medicaid officials and not the courts.
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Debt deal gaining steam in Washington, D.C.

August 1, 2011
Associated Press
A crisis-conquering deficit-reduction agreement struck by the White House and congressional leaders after months of partisan rancor picked up momentum Monday.
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Daniels, at peace with presidential decision, running out clock

August 1, 2011
Bloomberg News
Indiana's Mitch Daniels has gone from considering a run for president to finishing out his second and last term as governor.
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  1. Yes sir keep cashing those 300K a year checks direct to IMS, while millions disappear from the teams like Rahal's. Guess there wasn't enough ka- ching going around to keep Sarah Fisher in business without their "merger". LOL._____.Meanwhile back in Realville the series with the "best racing in the world" drew what appeared to be about 5000 live spectators ( and probably 1500 of those Target "freebies", and was beaten in the ratings by a series that reportedly consists of "parades" and aired while most people are still sleeping. That will generate those big ka-chings for sure. :-). But, hey, as long as the Speedway gets the cash who gives a damn about the teams?

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  3. If I could actually get the prices...I would do this on my own. We need laws that force provides to publish the costs they will charge. Everyone else gives you the price in advance...except hospitals.

  4. I was under the impression that fencing is not allowed on a front yard and that on a corner, both sides are considered "front" yards, therefore can't be fenced without a variance. Also impedes the visibility for drivers at the intersection. Am I understanding this correctly? Might be why a fence was not included in the plans and a request for a variance will have to be made?.

  5. I was a big fan of Cowards and Carrots, which I got a chance to see at the show. It's currently on Kickstarter, but the designer also put out What's He Building in There last year, which got a fair amount of buzz.

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