Government & Economic Development

Jobless claims drop more than expected

March 25, 2010
Associated Press
New claims for unemployment benefits fell more than anticipated last week—partially due to changes in the calculations—as layoffs ease and hiring slowly recovers.
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Daniels warns of health bill's 'immorally huge' taxes

March 25, 2010
Associated Press
Daniels told members of the Economic Club of Indianapolis that it's ridiculous for anyone to suggest the nearly $1 trillion health care overhaul signed into law Tuesday by President Barack Obama won't add to the nation's debt.
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Urban expert lauds Indianapolis for progress

March 24, 2010
Scott Olson
Native Hoosier Aaron Renn, who writes the popular Urbanophile blog, said Indianapolis stacks up well against its Midwestern counterparts and can compete for jobs with national hot spots such as Portland, Ore.
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Tokusen USA planning 135 jobs at new Scottsburg plant

March 24, 2010
 IBJ Staff
Arkansas wire-maker Tokusen USA Inc. plans to establish a manufacturing plant in Scottsburg, state economic development officials said Wednesday, touting the nearly 135 jobs expected over the next two years.
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Obama signs historic $938 billion health care overhaul

March 23, 2010
Associated Press
Attorneys general from 13 states filed suit to stop the overhaul just minutes after the bill signing, contending the law is unconstitutional. Other state attorneys general may join the lawsuit later or sue separately.
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State attorney general looks to challenge health care bill

March 22, 2010
Associated Press
Attorneys general in at least 13 states have signaled they intend to challenge the constitutionality of the legislation in court.
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Attorney selected to fill Plowman's City-County Council seat

March 20, 2010
Associated Press
Republican precinct committee members selected a replacement of Lincoln Plowman, who resigned earlier this month.
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Animal shelter tries to improve under new leader, tight budget

March 20, 2010
Peter Schnitzler
Indianapolis' new public safety director says the city's pound is woefully underfunded. But he also takes umbrage at critics who call it a dirty death row for unwanted cats and dogs.
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Prosecutor Brizzi defends no-cost real estate deal

March 20, 2010
Cory Schouten
Marion County Prosecutor Carl Brizzi paid nothing for a 50-percent stake in an Elkhart office building he acquired with a local defense attorney.
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Indy Partnership aims to double economic development dealsRestricted Content

March 20, 2010
Peter Schnitzler
The organization last year closed 11 business expansion or attraction deals, netting 2,950 new jobs in the process.
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Year delay in unemployment tax hike won't satisfy Uncle SamRestricted Content

March 20, 2010
Peter Schnitzler
Hoosier legislators are crowing about the deal they just brokered to delay a $400 million state tax hike meant to shore up Indiana's bankrupt Unemployment Insurance Trust Fund. Here's what they're not touting: the mandatory federal tax increases every single business in Indiana now faces the next three years.
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Net metering bill short-circuited in legislature

March 20, 2010
 IBJ Staff
Bill would have allowed businesses, universities and other organizations generating their own power to receive a retail credit on their utility bills.
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HICKS: Taxation not top factor in attracting businessRestricted Content

March 20, 2010
Mike Hicks
Businesses care about taxes to be sure, but the availability of a pool of well-trained workers is at the forefront of most business-location decisions.
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Blue Bell ice cream coming to Indianapolis

March 19, 2010
Scott Olson
Texas-based Blue Bell Creameries will begin selling its ice cream in nine metropolitan Meijer stores beginning April 5. Distribution will be assisted by the building of a 12,000-square-foot facility on the northwest side.
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Democrat stalwart Hogsett said to be U.S. attorney nominee

March 19, 2010
Scott Olson
The U.S. Attorney's office in Indianapolis has been without a presidentially appointed U.S. attorney for more than two years. Joe Hogsett, a former secretary of state, is likely the frontrunner.
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City economic development office hires international leader

March 19, 2010
Peter Schnitzler
Former Indiana Economic Development Corp. project manager will focus on developing business relationships with European companies.
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Workplace guns bill gets governor's signature

March 18, 2010
Associated Press
The law, which takes effect July 1, lets workers keep guns locked out of sight in their vehicles while parked on their employers' property.
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Trailer company buying closed northern Indiana factory

March 18, 2010
 IBJ Staff and Associated Press
Executives of Novae Corp. announced plans for the company's expansion in North Manchester, where it expects to employ perhaps 85 people by 2013.
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Governor signs ethics, slot-withholding laws

March 18, 2010
Associated Press
Indiana Gov. Mitch Daniels signed 23 bills into law on Wednesday.
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Deadline passes with no bids to buy Winona

March 17, 2010
The city of Indianapolis, which had listed the property for $667,500, had hoped to sell it the former hospital for redevelopment.
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No buyers surfacing for former Winona Hospital

March 15, 2010
As of Monday morning, the Marion County Metropolitan Development Commission had received no bids to buy the property. MDC is set to begin reviewing bids at its Wednesday meeting.
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Biz leaders relieved over one-year payroll tax-hike delay

March 15, 2010
Peter Schnitzler
Legislators postponed a $400 million tax hike to shore up Indiana's bankrupt Unemployment Insurance Trust Fund, but state's most troubled employers still face automatic payroll tax hike this year.
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Flood leaves redevelopment opportunity for Franklin

March 13, 2010
Kathleen McLaughlin
Franklin watch
                           videoThe city of Franklin is using the post-flood era to push for comprehensive redevelopment in and around downtown. The cornerstone of the plan is a flood plain southwest of the courthouse.
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Brizzi's lease deals benefited friend, donor

March 13, 2010
Cory Schouten
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.
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State lawmakers remain divided; deal by Sunday in doubt

March 12, 2010
Associated Press
The impasse between the two parties over a delay in an unemployment-tax increase is expected to drag the legislative session into the weekend. "Nobody is talking right now," says one legislator.
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  1. How much you wanna bet, that 70% of the jobs created there (after construction) are minimum wage? And Harvey is correct, the vast majority of residents in this project will drive to their jobs, and to think otherwise, is like Harvey says, a pipe dream. Someone working at a restaurant or retail store will not be able to afford living there. What ever happened to people who wanted to build buildings, paying for it themselves? Not a fan of these tax deals.

  2. Uh, no GeorgeP. The project is supposed to bring on 1,000 jobs and those people along with the people that will be living in the new residential will be driving to their jobs. The walkable stuff is a pipe dream. Besides, walkable is defined as having all daily necessities within 1/2 mile. That's not the case here. Never will be.

  3. Brad is on to something there. The merger of the Formula E and IndyCar Series would give IndyCar access to International markets and Formula E access the Indianapolis 500, not to mention some other events in the USA. Maybe after 2016 but before the new Dallara is rolled out for 2018. This give IndyCar two more seasons to run the DW12 and Formula E to get charged up, pun intended. Then shock the racing world, pun intended, but making the 101st Indianapolis 500 a stellar, groundbreaking event: The first all-electric Indy 500, and use that platform to promote the future of the sport.

  4. No, HarveyF, the exact opposite. Greater density and closeness to retail and everyday necessities reduces traffic. When one has to drive miles for necessities, all those cars are on the roads for many miles. When reasonable density is built, low rise in this case, in the middle of a thriving retail area, one has to drive far less, actually reducing the number of cars on the road.

  5. The Indy Star announced today the appointment of a new Beverage Reporter! So instead of insightful reports on Indy pro sports and Indiana college teams, you now get to read stories about the 432nd new brewery open or some obscure Hoosier winery winning a county fair blue ribbon. Yep, that's the coverage we Star readers crave. Not.

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