News & Analysis

Greenwood's Old Town revival targets sidewalks, traffic flow

April 13, 2013
Dan Human
Greenwood city officials are in the early stages of a downtown revitalization plan that would begin with an investment of up to $9 million designed to make Old Town more appealing to both vehicle and foot traffic.
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Butler set to unveil $15 million Schrott Center for ArtsRestricted Content

April 13, 2013
Lou Harry
The new, 450-seat Howard L. Schrott Center for the Arts at Butler University fills a venue gap between the school's two theaters that each seat about 100 and the 2,200-seat Clowes Memorial Hall.
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IU medical school's push to launch startups bears fruitRestricted Content

April 13, 2013
J.K. Wall
The Indiana University School of Medicine has launched 12 companies in the past 18 months—a burst of startup activity the school has never seen before.
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Applications to Indiana law schools witherRestricted Content

April 13, 2013
Scott Olson
Applications to three of the four law schools in the state are in free fall as prospective students think twice about taking on mountains of debt at a time job prospects are dim.
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'Beer geeks' hatch plan for east-side hops farm

April 13, 2013
Scott Olson
A couple of fledgling entrepreneurs hope to tap into the increasing popularity of local microbreweries—not by starting one but by supplying them with a key flavoring ingredient integral to making beer.
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Digital marketers try to cut through clutterRestricted Content

April 13, 2013
Chris O'Malley
Element Three is among dozens of ad/marketing firms in the city that put digital marketing—in a dizzying array of formats and specialties—front-and-center. Often led by “millennial” types in their 20s and 30s to whom things like social media are second nature, they’re giving ensconced agencies a run for their money.
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Indiana pension shifts to international bondsRestricted Content

April 13, 2013
The Indiana Public Retirement System recently issued a request for proposals from international fixed-income managers and received 16 responses by the April 5 deadline. The $27.1 billion retirement system will hire two managers to oversee $900 million.
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Ad exec's buttom line: Just be relevantRestricted Content

April 13, 2013
Young & Laramore President Tom Denari challenged conventional thinking in a March 21 column in Advertising Age.
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Feds probing Indiana's workplace safety agency

April 12, 2013
Associated Press
The federal government's workplace safety agency is investigating its Indiana counterpart—a department that documents indicate is trying to boost its inspections without hiring new staffers.
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Holiday World plans to display fun, not family problems

April 12, 2013
Associated Press
A family legal battle and untimely deaths have drawn attention to Holiday World's owners in recent years. But it's business as usual for those who run the Indiana theme park.
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Nonstop schedule at airport slips by one destination

April 12, 2013
Kathleen McLaughlin
The airport, which has been trying to beef up its direct service, will have 32 nonstop-flight destinations from Memorial Day through Labor Day, down a total of one from summer 2012.
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Passage to India: Ballard leading weeklong trade trip

April 12, 2013
 IBJ Staff
The Indianapolis delegation will hit the cities of Hyderabad and New Delhi. Visits will focus on information technology, life sciences, and research groups, organizers said.
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Finish Line expects sales to leap in Macy’s deal

April 12, 2013
Scott Olson
Becoming the exclusive athletic footwear partner of the department store chain could increase Finish Line's annual revenue as much as 30 percent, executives say. Finish Line apparel will start appearing in Macy's this weekend.
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Growth in area home sales hits March slowdown

April 12, 2013
The 1.2-percent improvement last month followed healthier jumps of 17.2 percent in January and 8.1 percent in February.
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Gun control ads enrich local TV stations

April 12, 2013
Chris O'Malley
Indianapolis television stations pocketed more than $332,000 in recent months by airing commercials from groups for and against Obama administration initiatives.
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Indiana House turns aside school guns proposal

April 11, 2013
Associated Press
The Indiana House on Thursday pulled a proposal to have the state's public schools consider having employees, including teachers and principals, carry guns during school hours.
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Pay rises faster at Indiana public universities than national peers

April 11, 2013
J.K. Wall
The campus with the highest-paid faculty was Purdue at West Lafayette, where the average salary was $101,000, followed closely by IU-Bloomington, where salaries averaged $98,400.
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Fiscal tug-of-war stalls Indiana voucher expansion

April 11, 2013
Associated Press
A plan to make vouchers more widely available to families has met a roadblock: So despite the momentum, lawmakers say they want more time to look at the voucher program approved two years ago.
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Expected revenue slump spurs Lilly to cut sales force

April 11, 2013
J.K. Wall
The Indianapolis pharmaceuticals giant said Thursday that it would lay off hundreds of U.S. sales reps, as it prepares for the loss of patent protection on two of its best-selling drugs.
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Former symphony chief lands in sunnier position

April 11, 2013
Simon Crookall, who ended an often-stormy, seven-year run at the Indianapolis Symphony Orchestra in 2012, has been hired to take over the Hawaii Opera Theatre in May.
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State Farm must pay Fishers contractor $14.5M, court rules

April 11, 2013
 IBJ Staff, Indiana Lawyer Staff
The Indiana Court of Appeals has affirmed a $14.5 million award of damages against State Farm Insurance to a Fishers-based construction firm. The award is one of the largest defamation awards in U.S. history, according to the court.
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Bill to handle abandoned homes still on track

April 11, 2013
Dave Stafford
State Sen. Jim Merritt wanted to help an eastside Indianapolis church gain possession of some long-abandoned, derelict houses, tear them down and establish a park. The difficulty in doing so led to a bill that would make such improvements easier.
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Chamber prez Miller resigns after 18 months

April 11, 2013
Norm Heikens
Scott Miller, 45, will leave the Indy Chamber after a short tenure that included leading the body through mergers with several like-minded groups. He tells IBJ he felt that he had already accomplished his major goals and wanted to shift to the private sector.
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Employer health coverage on 10-year fall, study says

April 11, 2013
Bloomberg News
Indiana, Michigan and South Carolina saw the steepest declines in employer-backed coverage from 2000 to 2011, according to a study released Thursday.
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Lawmaker seeks relief for fed-up water customers

April 11, 2013
Kathleen McLaughlin
As citizens of Zionsville, residents of the Royal Run subdivision have had little recourse against the Whitestown-owned water utility that charges them 78 percent more than its customers to the north.
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