AP News

Salin Bank President Kit Stolen resigns

December 12, 2011
Greg Andrews
Alvin “Kit” Stolen joined the Indianapolis-based bank in August 2009 with big plans to boost its presence in the center of the state. The major expansion didn't materialize.
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Complex accounts made it easy for state to miss $320M

December 11, 2011
Associated Press
Indiana House and Senate Democrats say they want an investigation into how the money went missing for so long. They submitted a letter to the state's budget forecasting committee requesting an independent audit of the state's finances.
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Judge delays ruling on dismissal of White case

December 9, 2011
Associated Press
An Indiana judge expects to rule by Dec. 16 on whether Indiana Secretary of State Charlie White must stand trial on voter fraud and other criminal charges that could lead to his ouster.
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Hoosier Lottery paring down lavish new offices

December 9, 2011
Associated Press
Hoosier Lottery officials have started getting rid of some office and gym equipment that was purchased for the agency's $2 million move to a new downtown Indianapolis headquarters.
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Biglari set to make big move on Cracker Barrel

December 9, 2011
Associated Press
Cracker Barrel will hold its annual shareholder meeting Dec. 20, and Sardar Biglari, who controls Indianapolis-based Steak n Shake, is seeking a seat on the company's board of directors.
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IndyCar Series won't return to Las Vegas in 2012

December 9, 2011
Associated Press
The IndyCar Series won't return to Las Vegas Motor Speedway next season, and its future at the track depends in part on what it learns from the investigation into Dan Wheldon's fatal accident.
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Republic Airways monthly traffic up 2 percent

December 9, 2011
Associated Press
Republic Airways Holdings Inc., which uses regional jets to feed traffic to major airlines, said that its November traffic rose 2 percent.
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Downtown getting blast-resistant manhole covers

December 9, 2011
Associated Press
Utility crews are installing about 100 new manhole covers in downtown Indianapolis that are designed to reduce the extent of damage from underground explosions and fires.
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Speculation swirls around next Indiana chief justice

December 8, 2011
Associated Press
Speculation suggests that Indiana's newest Supreme Court's justice is a likely possibility to serve as the next chief justice, one day after longtime Chief Justice Randall T. Shepard announced his retirement.
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Ball State skips on buying triple-x domain names

December 8, 2011
Associated Press
Unlike Indiana's other major colleges, Ball State University isn't trying to buy up possible school Internet domains names using a new suffix meant for pornography sites.
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Unemployment aid applications drop to 9-month low

December 8, 2011
Associated Press
Employers added a net total of 120,000 jobs last month. The economy has generated 100,000 or more jobs five months in a row — the first time that has happened since April 2006.
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Sides reach $150,000 deal in school-bullying lawsuit

December 7, 2011
Associated Press
A former student at a central Indiana high school has agreed to a $150,000 settlement of her lawsuit claiming school officials failed to stop bullying by a male classmate.
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Indiana offers $300K to stage-collapse victims

December 6, 2011
Associated Press
The state is offering at least $300,000 to families of each of the seven people who died after a stage collapsed at the Indiana State Fair, with more available for those whose loved ones spent days hospitalized before their deaths, Attorney General Greg Zoeller said Tuesday.
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Daniels says state discovers extra $300 million

December 6, 2011
Associated Press
Indiana Gov. Mitch Daniels says the state budget will see a one-time cash infusion of $300 million from tax collections that weren't properly transferred into the general fund.
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Bulls, Pacers to open preseason with charity game

December 6, 2011
Associated Press
The Indiana Pacers will open the long-delayed preseason Dec. 16 by hosting the Chicago Bulls at Conseco Fieldhouse. All proceeds from the game will go to the United Way of Central Indiana.
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Bad weather for some Indiana crops helped vineyards

December 6, 2011
Associated Press
Purdue University wine experts say lousy growing conditions this year for some Indiana crops proved ideal for the state's vineyards.
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Eight Indiana mail centers targeted for closure

December 5, 2011
Associated Press
Eight Indiana mail-processing centers in Indiana, including a newly identified one in Columbus, are among 252 nationwide the U.S. Postal Service has proposed closing beginning next April in a cost-cutting move.
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Military contractor plans new Indiana headquarters

December 5, 2011
Associated Press
Sellersburg-based Rivera Consulting Group Inc. announced Monday that would build a new facility in Clarksville and expects to add up to 85 jobs over the next three years.
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Indiana University buys up triple-X domain names

December 5, 2011
Associated Press
Indiana University is acquiring 11 Internet domains names using a new suffix meant for pornography sites. Numerous colleges across the nation are taking similar measures.
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Land gift preserves 40 acres in Indianapolis suburbs

December 5, 2011
 IBJ Staff and Associated Press
The donation to the Central Indiana Land Trust comes from farmer Van Eller, who lived most of his life on the land now surrounded by Fishers and Carmel subdivisions before he died last year at age 89.
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Determining jobless rate far from exact science

December 4, 2011
Associated Press
The key number used nationally to determine just how deep the problem is, the unemployment rate, is the subject of its own debate.
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Two Indiana environmental groups merging

December 4, 2011
Associated Press
The Hoosier Environmental Council and the Valparaiso-based Legal Environmental Aid Foundation say they're merging in hopes of advancing environmental issues in Indiana.
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Indiana communities run into higher salt prices

December 4, 2011
Associated Press
Communities across Indiana could have less money to pave roads and fill potholes because of rising road salt costs.
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Indianapolis courts Chicago Mercantile Exchange

December 2, 2011
 IBJ Staff and Associated Press
Indianapolis' mayor has met with top executives of the Chicago Mercantile Exchange to discuss bringing the 163-year-old financial market to Indiana's largest city. A move would mean hundreds of jobs for Indianapolis.
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Unemployment rate falls to lowest level since March 2009

December 2, 2011
Associated Press
The U.S. unemployment rate fell last month to its lowest level in more than 2-1/2 years as more of the unemployed either found jobs or gave up looking and were no longer counted as jobless.
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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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