News & Analysis

Indiana child care agencies protest cost of new rules

September 24, 2010
Associated Press
An effort to shift some foster care costs to the federal government would throw up more red tape and make it harder for caretakers and providers to get services for troubled children, a coalition of child care agencies said Friday.
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Call-center firm plans 600 hires in Lafayette

September 24, 2010
 IBJ Staff
Alorica Inc., headquartered in Chino, Calif., said it will begin hiring customer service representatives, supervisors and other personnel starting next week—fulfilling a pledge it made more than a year ago.
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INSIDE DISH: Sales slacking, Smee's owner seeks solutions

September 24, 2010
Mason King
Smees Watch VideoThe recession, competition and maybe even familiarity have pushed Tim Smeehuyzen's north-side haunt into the red.
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Columbus hospital suing FEMA for $17.1 million

September 24, 2010
Scott Olson
Federal lawsuit, which stems from June 2008 flood that caused $167 million in damages and business income losses, alleges FEMA failed to pay the full amount the hospital is owed in federal funding.
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Durable goods rise outside volatile transportation

September 24, 2010
Associated Press
The overall demand for durable goods fell 1.3 percent in August, the Commerce Department said Friday. But that was pulled down by a significant drop in orders for aircraft.
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Finish Line's second-quarter profit jumps to $16.8M

September 24, 2010
 IBJ Staff and Associated Press
Indianapolis-based The Finish Line Inc. said Thursday that its second-quarter profit rose as it rebounded from a messy quarter a year earlier after the athletic shoe retailer sold its unsuccessful Man Alive hip-hop stores.
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Reopening set for Moscow covered bridge

September 23, 2010
 IBJ Staff and Associated Press
Organizers are planning a weekend ceremony to dedicate a rebuilt covered bridge in central Indiana that was destroyed by a tornado more than two years ago.
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Indy Super Bowl organizers moving ahead with plans

September 23, 2010
Associated Press
Local organizers expect the 2012 Super Bowl to be played as scheduled, despite growing concerns that an NFL work stoppage could force postponement or cancellation of the game.
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EnerDel parent nets $20M from Russian investor

September 23, 2010
Kathleen McLaughlin
New York-based Ener1 didn't disclose how it will use the funds coming from Ener1 Group Inc., a company led by Russian industrialist Boris Zingarevich.
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Developer seeks rezoning for Canal apartments

September 23, 2010
Scott Olson
The city's Division of Planning was set to hear a request Thursday afternoon by Valparaiso-based Investment Property Advisors LLC to rezone property near the Central Canal for a 150-unit apartment complex.
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Indiana lawmakers push for Internet taxes

September 23, 2010
Mary Dieter
A bipartisan duo of state lawmakers wants Congress to allow states to collect sales taxes on Internet purchases, a move they say could bring hundreds of millions of dollars to cash-strapped Indiana.
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Rolls-Royce scores $19.2M helicopter contract

September 23, 2010
Kathleen McLaughlin
The local operations of the British aerospace firm has won an Army contract to build 40 more engines for the OH-58D Kiowa Warrior helicopter.
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Initial claims for unemployment aid rise again

September 23, 2010
Associated Press
The rise suggests that jobs remain scarce and some companies are still cutting workers amid sluggish economic growth.
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Four Hoosiers among richest Americans; Irsay ascends

September 23, 2010
 IBJ Staff
Indianapolis Colts owner Jim Irsay is moving up the ranks of the richest Americans a year after making his way onto the Forbes 400 list of the nation’s wealthiest people.
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Democrats charge conflict in parking meter deal

September 22, 2010
Scott Olson
A city lobbyist who also is registered to lobby for Affiliated Computer Services Inc., which was chosen to receive a 50-year lease deal to manage meter operations, says he was not involved in the deal.
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Indy metal-stamping plant faces many hurdles

September 22, 2010
Kathleen McLaughlin
Persuading workers at General Motors' Indianapolis metal-stamping plant to accept a pay cut would be a feat, but it won't be the last challenge that JD Norman Industries would face.
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Local building permits down again in August

September 22, 2010
Scott Olson
The number of building permits filed in the nine-county metropolitan area dropped by 18 percent in August from the same time a year ago, falling from 354 to 290. The drop marks the third consecutive month permits have fallen.
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Health overhaul's $264M question weighs down WellPoint

September 22, 2010
Bloomberg News
The failure by state regulators to decide how much insurers must spend on patient care is scaring investors from health-plan stocks and complicating insurance company decisions.
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Film Fest leader leaving for documentary gig

September 22, 2010
Kathleen McLaughlin
Dorothy Henckel, president of the Indianapolis International Film Festival, has accepted a job as director of acquisitions for The Documentary Channel.
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Schlage acquires Fusion door-hardware division

September 22, 2010
Schlage's purchase of the Georgia-based company's division gives it immediate access to the decorative door hardware and lock market, the company said.
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Building binge hasn't crimped hospital profits

September 22, 2010
J.K. Wall
Indianapolis-area hospitals spent billions on construction in the past decade and increasingly tried to poach patients from one another’s territories. Yet last year—one of the worst economically in recent history—21 of 26 hospitals still were able to show operating profits.
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Lilly discovers social media

September 22, 2010
J.K. Wall
Eli Lilly and Co. launched its own blog this month, dubbed LillyPad, to try to start discussions about public policy and corporate social responsibility. The Indianapolis-based drugmaker also launched an accompanying Twitter feed.
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Turner gets digital rights to NCAA championships

September 21, 2010
Associated Press
The deal includes management of NCAA.com, the primary web site for all 88 NCAA tournaments and other services.
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Indiana welfare chief says hybrid system succeeding

September 21, 2010
Associated Press
The secretary of the Indiana Family and Social Services Administration said error rates are down and the percentage of new applications for food stamps, Medicaid and other benefits on backlog has fallen by 83 percent in two two regions.
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Indiana corn coming in sooner, faster, better in 2010

September 21, 2010
Associated Press
The Indiana Agricultural Statistics Service says farmers harvested 27 percent of their corn by Sunday, compared with none by this time last year and an average of 6 percent over the past five years.
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  1. If what you stated is true, then this article is entirely inaccurate. "State sells bonds" is same as "State borrows money". Supposedly the company will "pay for them". But since we are paying the company, we are still paying for this road with borrowed money, even though the state has $2 billion in the bank.

  2. Andrew hit the nail on the head. AMTRAK provides terrible service and that is why the state has found a contractor to improve the service. More trips, on-time performance, better times, cleanliness and adequate or better restrooms. WI-FI and food service will also be provided. Transit from outlying areas will also be provided. I wouldn't take it the way it is but with the above services and marketing of the service,ridership will improve and more folks will explore Indy and may even want to move here.

  3. They could take the property using eminent domain and save money by not paying the church or building a soccer field and a new driveway. Ctrwd has monthly meetings open to all customers of the district. The meetings are listed and if the customers really cared that much they would show. Ctrwd works hard in every way they can to make sure the customer is put first. Overflows damage the surrounding environment and cost a lot of money every year. There have been many upgrades done through the years to help not send flow to Carmel. Even with the upgrades ctrwd cannot always keep up. I understand how a storage tank could be an eye sore, but has anyone thought to look at other lift stations or storage tanks. Most lift stations are right in the middle of neighborhoods. Some close to schools and soccer fields, and some right in back yards, or at least next to a back yard. We all have to work together to come up with a proper solution. The proposed solution by ctrwd is the best one offered so far.

  4. Fox has comments from several people that seem to have some inside information. I would refer to their website. Changed my whole opionion of this story.

  5. This place is great! I'm piggy backing and saying the Cobb salad is great. But the ribs are awesome. $6.49 for ribs and 2 sides?! They're delicious. If you work downtown, head over there.

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