News & Analysis

Local law firm seeks class action over state adoption subsidies

June 3, 2014
 IBJ Staff and Associated Press
Indianapolis law firm Cohen & Malad LLP filed suit Monday against the Indiana Department of Child Services that claims the state failed to pay millions of dollars in promised subsidies to families who adopted children from the state foster-care system.
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Herman & Kittle plans $28M downtown apartment project

June 3, 2014
Scott Olson
The Indianapolis developer plans to build 211 units at the southeast corner of College and Maryland Street. Meanwhile, the owner of a building across the street that last housed a sporting goods store is accepting bids on the property.
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Council votes to support $30M Broad Ripple project

June 2, 2014
Developer Browning Investments Inc. plans to use $5.7 million from the bond issue to help finance the apartment/retail project along the Central Canal.
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Indiana primary election turnout only 13 percent

June 2, 2014
Associated Press
Secretary of State Connie Lawson announced the turnout Tuesday, saying only 617,000 of Indiana's 4.5 million registered voters cast a vote in the primaries.
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Online grocer plans 238 jobs in Indianapolis

June 2, 2014
 IBJ Staff
Peapod Inc., an online grocery-delivery service, is seeking city tax incentives to help it with an expansion that would create 238 jobs by 2018. The jobs would pay about $15 per hour.
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Mainstreet eyes more 'crowdfunding' for nursing homes

June 2, 2014
J.K. Wall
After raising $1.8 million via the Internet for a new nursing home in Bloomington, the Carmel-based developer thinks it has found a more efficient source of fundraising for further construction.
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Patent lawsuits limited by Supreme Court in two rulings

June 2, 2014
Bloomberg News
The U.S. Supreme Court ruled against patent holders in two cases Monday, rejecting a legal theory used to sue technology companies and requiring patents to be written with more specific language.
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UPDATE: State off to slow start boosting veteran businesses

June 2, 2014
Associated Press
State figures show that about 1 percent of contracts have gone to Veterans Business Enterprises, while Gov. Mike Pence set a 3-percent goal when the push started last summer.
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Council to consider citywide landlord registry

June 2, 2014
Kathleen McLaughlin
Indianapolis landlords would have to register with the city by Jan. 1 or face a $500 fine under a proposal that will be introduced to the City-County Council on Monday night.
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White out as WISH-TV GM after talent turnover

June 2, 2014
Mason King
Jeff White had been at the helm of Channel 8 for 9 years, and recently oversaw some high-profile departures from the news and weather desks.
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EPA: Indiana must cut carbon emissions 20 percent

June 2, 2014
Associated Press
Indiana has three years to come up with a plan to achieve the reductions, which were announced Monday by the EPA. The Indiana Chamber of Commerce called the requirements "potentially devastating."
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EA Sports to settle with NCAA athletes for $40 million

June 2, 2014
Associated Press
The settlement is with Electronic Arts and Collegiate Licensing Co., which licenses and markets college sports, and does not include the NCAA. A separate case against the Indianapolis-based NCAA is scheduled for trial early next year.
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Ownership move delayed for Anderson's Wigwam gym

June 2, 2014
Associated Press
Leaders of the private Wigwam Sports & Entertainment group are scheduled to present their proposal for reusing the 9,000-seat gym to the city Redevelopment Commission on Tuesday.
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Obama seeks to cut U.S. power plant carbon by 30 percent

June 2, 2014
Bloomberg News
The plan isn't expected to make a meaningful difference in reducing climate change, but will give President Obama evidence of America leading by example as he tries to persuade other nations to cut their carbon emissions.
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Anderson's Paramount Theatre seeks donations

June 1, 2014
Associated Press
The landmark Paramount was saved from demolition 25 years ago, but the man who saved it left $800,000 in mortgage debt when he died last month.
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Financial questions hound Indiana state treasurer candidates

June 1, 2014
Associated Press analysis
Financial questions from years-old deals are dogging two top candidates seeking the Republican nomination for state treasurer and evoking memories of previous intraparty battles.
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Democratic gathering spurs talk of 2016 candidates

May 31, 2014
Associated Press
The official business of the Indiana Democrats' convention Saturday may have been to formally nominate candidates for 2014, but much of the talk was about two politicians eyeing a run for governor.
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Teamwork transforming care at IU Health's Saxony hospitalRestricted Content

May 31, 2014
J.K. Wall
Getting everyone into the same room prior to surgeries is cutting costs and improving health.
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Operator of lottery stands by lofty goalsRestricted Content

May 31, 2014
Kathleen McLaughlin
Gtech Indiana says it can generate unprecedented growth by focusing on the basics. Rather than trying to add new types of games or turning to Internet gambling, the company plans a slightly different mix of games and a whole lot more opportunities for Hoosiers to buy them.
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Political conventions fell short on return on investmentRestricted Content

May 31, 2014
Anthony Schoettle
Daunting scheduling and fundraising challenges led city officials to walk away from opportunities to bid on the 2016 national conventions for both Republicans and Democrats, but the city’s latest Super Bowl setback might make the 2020 political conventions alluring.
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Author John Green sees earnings boost as movie debut nears

May 31, 2014
Lou Harry
Indianapolis author John Green has sold more than 10.7 million copies of his novel "The Fault in Our Stars," suggesting royalty earnings of more than $6 million, before the movie deal and merchandise sales.
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Surge in craft breweries strains hops supply

May 31, 2014
Scott Olson
Hops, used as a flavoring agent, are in high demand by microbreweries that need the crop to give their pale ales and other varieties more taste than what’s found in traditional mass-market beers.
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Pedcor angling for $16M subsidy for City Center expansion

May 31, 2014
Andrea Muirragui Davis
Preliminary plans call for starting work on a parking garage and as many as three mixed-use buildings this fall, with another half-dozen projects in the pipeline.
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HHGregg’s board is bullish, but analysts remain skittish

May 31, 2014
Greg Andrews
The company scarfed up $49 million of its stock under a buyback program that ran from May 2013 to May 2014. And last month, the company launched a new buyback program, this one for $40 million.
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Indy's Evolution: Johnson County steps up growth chaseRestricted Content

May 31, 2014
Dan Human
The county south of Indianapolis was king of the suburbs in the 1970s, but now has fallen far behind Hamilton to the north in population and income, and in recent years slipped behind Hendricks County to the west.
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  1. So much for Eric Holder's conversation about race. If white people have got something to say, they get sued over it. Bottom line: white people have un-freer speech than others as a consequence of the misnamed "Civil rights laws."

  2. I agree, having seen three shows, that I was less than wowed. Disappointing!!

  3. Start drilling, start fracking, and start using our own energy. Other states have enriched their citizens and nearly elminated unemployment by using these resources that are on private land. If you are against the 'low prices' of discount stores, the best way to allow shoppers more choice is to empower them with better earnings. NOT through manipulated gov mandated min wage hikes, but better jobs and higher competitive pay. This would be direct result of using our own energy resources, yet Obama knows that Americans who arent dependent of gov welfare are much less likely to vote Dem, so he looks for ways to ensure America's decline and keep its citizens dependent of gov.

  4. Say It Loud, I'm Black and Ashamed: It's too bad that with certain "black" entertainment events, it seems violence and thuggery follows and the collateral damage that it leaves behinds continues to be a strain on the city in terms of people getting hurt, killed or becoming victims of crimes and/or stretching city resources. I remember shopping in the Meadows area years ago until violence and crime ended make most of the business pack you and leave as did with Lafayette Square and Washington Square. Over the past 10 to 12 years, I remember going to the Indiana Black Expo Soul Picnic in Washington Park. Violence, gang fights and homicides ended that. My great grandmother still bears the scares on her leg from when she was trampled by a group of thugs running from gun fire from a rival gang. With hundreds of police offices downtown still multiple shootings, people getting shot downtown during Black Expo. A number of people getting shots or murdered at black clubs around the city like Club Six on the west side, The Industry downtown, Jamal Tinsley's shot out in front of the Conrad, multiple fights and shootings at the skating rinks, shootings at Circle Center Mall and shooting and robberies and car jackings at Lafayette Mall. Shootings and gang violence and the State Fair. I can go on and on and on. Now Broad Ripple. (Shaking head side to side) Say It Loud, I'm Black and I'm Ashamed.

  5. Ballard Administration. Too funny. This is the least fiscally responsive administration I have ever seen. One thing this article failed to mention, is that the Hoosier State line delivers rail cars to the Amtrak Beech Grove maintenance facility for refurbishment. That's an economic development issue. And the jobs there are high-paying. That alone is worth the City's investment.

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