News & Analysis

Aggressive bills aimed at consolidating township governments failRestricted Content

April 16, 2011
Francesca Jarosz
With two weeks left in the legislative session, only two statewide local-government-reform bills remain. Both fail to accomplish reformers’ key aim: removing layers of township government they say have outlived their use.
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First-quarter commercial real estate stats for IndianapolisRestricted Content

April 16, 2011
IBJ's Commercial Real Estate Focus sections include statistical snapshots of Indianapolis' multi-tenant office vacancy rates and the local industrial market.
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INSIDE DISH: Irvington cafe knows its audience

April 15, 2011
Mason King
Dish Watch Video LegendJohn Robertson swore he'd never go into the restaurant biz. Now his comfort-food oasis is an east-side institution, in part for hemming to its historic surroundings and middle-class roots.
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Bill Cook, medical device magnate and philanthropist, dies at 80

April 15, 2011
 IBJ Staff and Associated Press
The founder of Bloomington-based life sciences giant Cook Group Inc. and the wealthiest man in Indiana leaves a legacy of dozens of historic structures saved from decay or demolition. He also was a major donor to Indiana University and its athletics department.
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Judge freezes assets of Fishers money manager

April 15, 2011
 IBJ Staff
A Hamilton County judge has ordered a temporary asset freeze against prominent Fishers money manager Keenan Hauke, who is being investigated by the Indiana Secretary of State’s Office over financial irregularities involving a hedge fund he operates.
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Indiana House OKs bill limiting teacher contracts

April 15, 2011
Associated Press
The Indiana House has approved a bill that would limit collective bargaining agreements between local districts and teachers' unions to only wages and wage-related benefits.
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New EPA rules could trigger Indiana emission testing

April 15, 2011
Associated Press
Drivers across Indiana could be required to have their vehicles undergo emissions testing if new federal Environmental Protection Agency rules set for release this summer are strict enough, a state environmental official said.
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Feds: CVS to pay $17.5M over inflated Rx claims

April 15, 2011
Associated Press
The U.S. Justice Department says CVS Pharmacy Inc. has agreed to pay $17.5 million to settle allegations it overcharged Medicaid programs in 10 states, including Indiana.
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Amusement center set for Clearwater area

April 15, 2011
Cory Schouten
An entertainment venue featuring a bowling alley, concert hall and restaurant is set to replace a vacant movie theater.
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House panel backs weakened immigration bill

April 15, 2011
Associated Press
An Indiana House committee has approved a watered-down immigration proposal a day after removing a contentious provision that would have given police officers more latitude to ask people for proof that they are in the country legally.
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Landlord seeking to evict Jillian's over unpaid rent

April 15, 2011
Scott Olson
The landlord of the downtown building that houses Jillian's, which filed for bankruptcy protection earlier this week, wants the restaurant and entertainment complex out of its building, alleging the tenant owes nearly $700,000.
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Analysts: Indiana taking in more money than expected

April 15, 2011
Associated Press
Analysts told the State Budget Committee on Friday they expect the state to take in some $643.7 million more in fiscal 2012 and 2013 than anticipated in the previous revenue forecast.
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UPDATE: Extra tax dollars aimed at full-day kindergarten

April 15, 2011
Francesca Jarosz
A projected increase in state revenue should allow all Indiana school districts to provide full-day kindergarten, a long-time goal of the governor and many education officials.
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Battery maker drops Indianapolis president

April 15, 2011
Kathleen McLaughlin
Battery maker Ener1 Inc. has fired Chief Operating Officer Rick Stanley, who was also president of the company's Indianapolis-based operation, EnerDel Inc.
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Federal budget could create headaches for Rolls-Royce

April 15, 2011
Kathleen McLaughlin
The federal budget crunch already has halted work on a second engine for the F-35 Joint Strike Fighter being developed by General Electric and Rolls-Royce—putting thousands of jobs in jeopardy—and it's not the only aerospace program facing an uncertain future.
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Hofmeister jewelry business files Chapter 11

April 15, 2011
The northeast-side retailer listed assets of nearly $3.8 million and liabilities of $5.4 million. Much of the debt includes a bank loan and money owed to suppliers for inventory.
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LOU'S VIEWS: IU Opera premieres 'Vincent'

April 15, 2011
Lou Harry
As ambitious an arts project as you are likely to find so far this century in central Indiana, IU Opera’s world premiere production of “Vincent” overflowed with stunning design and strong music.
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Lilly’s Bydureon wins backing of European drug panel

April 15, 2011
Bloomberg News
The drug awaits final action by the European Commission, which has the authority to approve medicines for the European Union. The Commission usually makes a decision on CHMP recommendations within two to three months.
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Indiana Senate panel backs GOP redistricting plan

April 14, 2011
Associated Press
A Republican-led Indiana Senate committee on Thursday approved a plan for new Senate election districts that Democrats maintain unfairly dilutes black and Hispanic voting strength.
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Storms drafted ethics memo on own case at IURC

April 14, 2011
Associated Press
Former Indiana Utility Regulatory Commission counsel Scott Storms spoke out for the first time publicly on ethics charges brought against him, denying allegations that there was a conflict of interest in how he handled cases involving Duke Energy.
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Fishers money manager target of state probe

April 14, 2011
Scott Olson
The Indiana Secretary of State’s Office is investigating prominent Fishers money manager Keenan Hauke after one of his advisers accused Hauke of financial irregularities involving a hedge fund he operates.
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Arizona-style provision removed from immigration bill

April 14, 2011
Associated Press
The House Public Policy Committee made several changes Thursday to the bill proposed by Republican Sen. Mike Delph of Carmel and could vote on it Friday. The legislation includes tax penalties for businesses that hire illegal immigrants.
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UPDATE: Chamber leaders clashed on transit strategy

April 14, 2011
Kathleen McLaughlin
A turf battle over mass transit may have fueled Roland Dorson's apparent departure from the Greater Indianapolis Chamber of Commerce.
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Indianapolis-area home sales continue to slump

April 14, 2011
Sale agreements in the nine-county Indianapolis area fell 20 percent in March compared to the same month of 2010. Local home sales have been in a downward spiral for nearly a year.
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Applications for unemployment benefits rise nationally

April 14, 2011
Associated Press
The government says applications for unemployment benefits rose 27,000, to a seasonally adjusted 412,000 for the week ended April 9. That left applications at their highest point since mid-February.
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  4. Elected officials, like Mourdock, get vested in 8 years. It takes 10 years for all other public employees, most of whom make a lot less money. So much for the promise to finish out his term.

  5. Great state treasurer and a good man!! Just curious if the folks who didn't quite understand his quote would like to tell my daughter-in-law that God didn't intend her! Mourdock's comment was correct but twisted and the article didn't mention that his opponent and the press let the impression stand that Mourdock meant that the rape was intended. Stupid people!!

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