News & Analysis

Greenwood airport board ends contract with private operator

November 17, 2010
 IBJ Staff and Associated Press
The Greenwood Board of Aviation Commissioners will replace Indy Jet Center Greenwood, which had only managed the airport since January, effective Nov. 25.
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State gives Speedway $2.9M for blight cleanup

November 17, 2010
 IBJ Staff and Associated Press
Indiana Lt. Governor Becky Skillman says the grant will pay to demolish old building foundations, deteriorated pavement and concrete slabs in the downtown business district.
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South Bend to lose 250 jobs with Bosch closing

November 16, 2010
Associated Press
Auto parts maker says it will close its South Bend facilities by the end of 2011 and will offer about 170 of the 250 employees who work there jobs in other states.
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Indiana House speaker offers two Democrats committee chairs

November 16, 2010
Associated Press
New Republican Indiana House Speaker Brian Bosma says he's serious about seeking bipartisan support in the upcoming legislative session.
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FedEx launches nonstop flights from China to Indy

November 16, 2010
Chris O'Malley
First nonstop scheduled cargo flights from China are a milestone for Indianapolis International Airport and could attract companies that rely on ready access to Asia.
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Super Bowl workshop targets minority, female firms

November 16, 2010
Scott Olson
The first of three meetings to encourage minority- and women-owned companies to pursue 2012 Super Bowl contracting opportunities is Tuesday evening at the Madame Walker Theatre Center.
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Some IUPUI adjunct instructors to receive 3-percent raises

November 16, 2010
A coalition representing part-time educators within IUPUI's School of Liberal Arts called for a pay hike after full-time faculty received a similar raise.
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Simon CEO: Mall owner has ‘firepower’ for deals

November 16, 2010
Bloomberg News
Indianapolis-based Simon Property Group Inc., the U.S. shopping-mall owner that paid $2.3 billion this year for an outlet-center business, has plenty of capital for more purchases, CEO David Simon said Tuesday.
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Trail Side project faces another hurdle

November 16, 2010
Tom Harton
A $10 million apartment and retail building planned for 875 Massachusetts Ave. was supposed to have broken ground by now. But difficulty in closing the sale of tax credits that will be used to finance the project could cause the deal to unravel.
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Labor costs being watched at Duke Energy plant

November 16, 2010
Chris O'Malley
Cost pressures could eat away at $2.9 billion Edwardsport project's contingency fund, leaving no room for unexpected costs during startup and testing, Duke told the Indiana Utility Regulatory Commission.
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Court upholds Lilly patent on cancer drug Alimta

November 16, 2010
 IBJ Staff and Associated Press
A U.S. District Court judge on Monday upheld Eli Lilly and Co.’s patent on the cancer drug Alimta, protecting the compound until July 2016. It was a welcome win after a difficult few months for Indianapolis-based Lilly, which is facing a wave of patent expirations in coming years.
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Automotive supplier plans 200 new jobs at Butler plant

November 16, 2010
 IBJ Staff
Multimatic Inc. plans to expand its northeast Indiana production operation, adding new assembly lines as it aims to create over 200 jobs by 2013—more than tripling employment there.
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Indiana environmental activists to push bipartisan agenda

November 15, 2010
Associated Press
Jesse Kharbanda, executive director of the Hoosier Environmental Council, said the new Legislature will make it more challenging to sell environmental initiatives mainly because there are more than two dozen freshmen lawmakers he and others will have to court.
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City-County Council OKs parking privatization

November 15, 2010
 IBJ Staff
City-County Council members voted 15-14 Monday night to clear the way for Indianapolis to lease its parking meters to a private firm, a move proponents say will upgrade the system even as it generates revenue for infrastructure improvements.
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KAR plans to add 249 jobs in Carmel expansion

November 15, 2010
 IBJ Staff
KAR Auction Services Inc. announced Monday night that it plans to expand its Carmel headquarters, creating up to 249 jobs by 2015.
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Rolls-Royce eyeing former Lilly campus downtown

November 15, 2010
If the manufacturer and drugmaker can come to an agreement, Rolls-Royce would lease the space formerly occupied by Eli Lilly and Co. and relocate some of its 2,500 employees to the downtown campus on South Meridian Street. Discussions are expected to last several months.
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Governor wants to reward early high school graduates

November 15, 2010
Associated Press
Gov. Mitch Daniels plans to ask the General Assembly to allow students who choose to graduate early to use much of the money the state would save to pay for higher education.
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Legislator: Statewide smoking ban could pass in 2011

November 15, 2010
Mary Dieter
A statewide ban on smoking in all public places may have the momentum it needs to finally pass the Indiana General Assembly in 2011 after four unsuccessful attempts.
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IU dance marathon raises $1.6M for hospital

November 15, 2010
Associated Press
A 36-hour dance marathon raised about $1.6 million for Riley Hospital for Children in Indianapolis over the weekend.
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Drugmakers seek Republican allies to defeat cost-cutting panel

November 15, 2010
Bloomberg News
Pharmaceutical firms led by Eli Lilly are trying to eliminate a government panel aimed at controlling Medicare spending seven months after they supported the health-care overhaul that created it.
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October retail sales post best showing since March

November 15, 2010
Associated Press
Much of the strength came from a big rise in auto sales. Excluding autos, retail sales rose a more modest 0.4 percent.
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Twitter tool winner of Startup Weekend event

November 15, 2010
The winner, StatsSquared, now will compete against other winners from cities worldwide in an online contest for the overall top prize.
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Chicago's experience causes other cities to redo parking deals

November 15, 2010
 IBJ Staff and Bloomberg News
Indianapolis' City-County Council could vote Monday night on its proposed 50-year agreement with Xerox Co.’s Affiliated Computer Services, which was revised after public outcry over the original proposal.
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Small-business lending rises 30 percent in Indiana

November 13, 2010
Francesca Jarosz
The amount of money banks loaned through U.S. Small Business Administration programs shot up close to 30 percent in Indiana this year, a sign that the state’s small businesses—including Pat Wolfred’s CCA Inc.—have started coming back to life.
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Mike's Express Carwash sued in family feud

November 13, 2010
Cory Schouten
Mike’s Express Carwash and its principals, Bill and Mike Dahm, sons of founder Joe Dahm, are facing a lawsuit in Hamilton Superior Court brought by Jerry Dahm, a cousin who owned 35 percent of the company until May.
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  1. Uh, sorry Johnnie, but you are incorrect. Despite the assertions by yourself and various defenders and captains, sports attendance is NOT off significantly at most sporting events in the US. Variances in attendance has been in the range of single digits, both + & - for years now. MLB has had most of its best overall attendance nubers in the last decade, and that trend has been consistent for most major sporting events. The number one issue cited by most fans when asked about attendance is the overall cost of attending. The presence of HD and big screen televisions in home doesn't even register, as a factor for not attending an event. VALUE in the product is the key, and apparently is something lacking in the current ICS. What other explanation is there when with what is routinely touted as the "best" racing on the planet, fans are staying away in DROVES. A "close" title battle into the last event at Fontana, with the "cars and stars" of the ICS, and who showed up? MAYBE 8K. Sorry, but HD TV isn't to blame for that kind of fan apathy.

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  3. If she was worth the $ the public outcry over direct tv dropping them would have kept them on their dishes as we have seen with other companies. I too quit watching channel 13 after she showed up since I left channel 8 because of her all show rather than production results. When Randy on 8 corrected her she had a big head and incorrectly challenged his correction for pronunciation of a city. Other antics while she matures was too much for me with her very inaccurate forecasts. All the forecasters were predicting rain until Thursday except Chris. They predicted sunny on Thursday but instead of rain until Thursday upon which the sun would finally make it out in full glory Chris was right on the money just as I too predicted looking at the radar on weather.gov. One thing I love about Angela is the fear you can see in her every time it thunders in the winter. It far exceeds the entertainment value of her body language (high heel noise drags, depression, etc) when her forecasts are so incorrect. Her hair stands on end, you have to see it!!!

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