News & Analysis

Bank says Durham had no right to sell Duesenberg

January 18, 2010
Greg Andrews
A legal brouhaha over the recent auction of a Duesenberg automobile by Tim Durham has taken a new twist, with Durham's bank charging the financier didn't have the right to sell the car in the first place.
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Hamilton County tourism leader selected to join CIB

January 18, 2010
Scott Olson
Brenda Myers, executive director of the Hamilton County Convention and Visitors Bureau, rounds out the appointments to a restructured Indianapolis Capital Improvement Board.
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Fortune Industries names new chief executive

January 18, 2010
Scott Olson
Fortune Industries Inc., an Indianapolis-based professional employer organization, has appointed Tena Mayberry as its CEO. Mayberry, who also will continue to serve as president, succeeds John Fisbeck.
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Lender alleges Lauth insiders backdated loan documents

January 16, 2010
Cory Schouten
The largest creditor for Lauth Group Inc. has asked a bankruptcy judge to appoint a trustee after evidence in a related case suggested Lauth insiders may have backdated documents to thwart creditors.
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United Hospital Services laundry co-op considers statewide expansion

January 16, 2010
Scott Olson
The massive far-east-side facility already launders linen for 30 hospitals and 400 clinics in Indiana, handling more than 36 million pounds of soiled linen each year.
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Area hospital construction taking break after expensive binge

January 16, 2010
J.K. Wall
Observers expect a lull with inpatient facilities for five years or more, but continued proliferation of outpatient clinics and surgery centers.
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State links university funding to lifting graduation ratesRestricted Content

January 16, 2010
J.K. Wall
The Indiana Commission for Higher Education late last month slashed college budgets based on key performance measures.
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Auto, battery jobs hinge on landing federal energy loansRestricted Content

January 16, 2010
Kathleen McLaughlin
Indiana's future as a hub for making electric and hybrid vehicles hinges on a single government loan program.
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Legislation to protect car dealers re-emerges at StatehouseRestricted Content

January 16, 2010
Chris O'Malley
Dozens of Chrysler and General Motors dealers in Indiana were terminated last year. Now, a dealer trade group wants to block automakers from preying on termination fears to wrest concessions from surviving dealers.
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NBC's Jay Leno failure puts pinch on WTHRRestricted Content

January 16, 2010
Anthony Schoettle
With its 11 p.m. news ratings declining and its network partner, NBC, struggling to plug the 10 p.m. programming slot crucial to those ratings, WTHR-TV Channel 13 finds itself at a precarious crossroads.
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Shiel Sexton plans $50M project near Methodist Hospital

January 16, 2010
Cory Schouten
The local construction company is drawing up plans for a mixed-use project with offices, a parking garage and retail space on several parcels it owns near Capitol Avenue and 16th Street.
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Uncertainty over 2012 Super Bowl puts hotels in a bind

January 16, 2010
Anthony Schoettle
At issue is a dispute pitting NFL players against owners, and owners against one another over how league revenue should be divided. If it isn't resolved, the 2011 season could be shortened, delayed or canceled.
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Hotels spark expansion of downtown skywalk system

January 16, 2010
Cory Schouten
Two walkways that will connect to the new Marriott Place hotel will extend downtown's network of skywalk and underground pedestrian paths to a total of 12 hotels with more than 4,700 rooms--the most of any downtown in the United States.
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Bird strikes frequent at Indianapolis airportRestricted Content

January 16, 2010
Chris O'Malley
Bird strikes remain a threat—statistically more so than a Nigerian terrorist with a bomb in his BVDs—at Indianapolis International Airport. There were 37 bird strikes reported at the airport in 2009, five involving damage or temporary grounding of an aircraft.
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Ohio lawmaker wants Fair Finance owners' assets frozen

January 15, 2010
Greg Andrews
An Ohio congressman is upset the U.S. Attorney’s Office in Indianapolis isn’t seeking to freeze the assets of Fair Finance Co. owners Tim Durham and Jim Cochran.
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Kiwanis International names executive director

January 15, 2010
Kathleen McLaughlin
Indianapolis-based Kiwanis International on Friday named longtime staff member Stan Soderstrom its executive director. Soderstrom has been the interim executive director since October, when Rob Parker left the organization of service clubs.
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City revamping management of parking operations

January 15, 2010
Scott Olson
The city of Indianapolis is seeking to consolidate management of its parking operations into a single, long-term lease that could net it tens of millions of dollars to make street and sidewalk repairs. City leaders are expected to release a request for proposals "soon."
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UPDATE: Marian already has three possible locations for new medical school

January 15, 2010
J.K. Wall
St. Francis and Westview hospitals are open to hosting the osteopathic-medicine school proposed by the Indianapolis Catholic institution.
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Conexus gets $3.45 million from Lilly Endowment

January 15, 2010
 IBJ Staff
Lilly Endowment Inc. is continuing to support the state's advanced-manufacturing initiative, giving Conexus Indiana a grant to help connect potential workers with the necessary training.
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Gunite Corp. cutting 100-plus jobs at Elkhart plant

January 15, 2010
 IBJ Staff
Beleaguered Elkhart took another hit this week when Illinois-based Gunite Corp. announced plans to move 110 manufacturing jobs to Rockford, Ill., and Brillion, Wis.
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Marian University to launch state's second medical school

January 15, 2010
J.K. Wall
The tiny Catholic institution in Indianapolis has $30 million raised toward new college that could train nearly half as many students as the Indiana University medical school.
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House OKs bill on township government referendums

January 14, 2010
Associated Press
The proposal would allow voters to decide in November whether their township governments should be eliminated and their duties transferred to the county level.
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Republic Airways moving all execs to Indianapolis

January 14, 2010
Associated Press
Republic, which bought Frontier Airlines and Midwest Airlines last year, says it will move all of its executives to its headquarters in Indianapolis.
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Brizzi silent on controversy as he opts against 3rd term

January 14, 2010
Greg Andrews
The written statement Carl Brizzi released Thursday saying he will not seek a third term as Marion County prosecutor makes no reference to the controversy surrounding his business and personal ties with embattled Indianapolis financier Tim Durham.
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National animal-welfare group targets Steak n Shake

January 14, 2010
Andrea Muirragui Davis
The Humane Society of the United States bought $2,000 worth of Steak n Shake stock this week in hopes of getting the company to work with food producers that use humane farming methods.
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  1. I am a Lyft driver who is a licensed CDL professional driver. ALL Lyft drivers take pride in providing quality service to the Indianapolis and surrounding areas, and we take the safety of our passengers and the public seriously.(passengers are required to put seat belts on when they get in our cars) We do go through background checks, driving records are checked as are the personal cars we drive, (these are OUR private cars we use) Unlike taxi cabs and their drivers Lyft (and yes Uber) provide passengers with a clean car inside and out, a friendly and courteous driver, and who is dressed appropriately and is groomed appropriately. I go so far as to offer mints, candy and/or small bottle of water to the my customers. It's a mutual respect between driver and passenger. With Best Regards

  2. to be the big fish in the little pond of IRL midwest racin' when yer up against Racin' Gardner

  3. In the first sentance "As a resident of one of these new Carmel Apartments the issue the local governments need to discuss are build quality & price." need a way to edit

  4. As a resident of one of these new Carmel Apartments the issue the local governments need to discuss is build quality & price. First none of these places is worth $1100 for a one bedroom. Downtown Carmel or Keystone at the Crossing in Indy. It doesn't matter. All require you to get in your car to get just about anywhere you need to go. I'm in one of the Carmel apartments now where after just 2.5 short years one of the kitchen cabinet doors is crooked and lawn and property maintenance seems to be lacking my old Indianapolis apartment which cost $300 less. This is one of the new star apartments. As they keep building throughout the area "deals" will start popping up creating shoppers. If your property is falling apart after year 3 what will it look like after year 5 or 10??? Why would one stay here if they could move to a new Broad Ripple in 2 to 3 years or another part of the Far Northside?? The complexes aren't going to let the "poor" move in without local permission so that's not that problem, but it the occupancy rate drops suddenly because the "Young" people moved back to Indy then look out.

  5. Why are you so concerned about Ace hardware? I don't understand why anyone goes there! Every time ive gone in the past, they don't have what I need and I end up going to the big box stores. I understand the service aspect and that they try to be helpful but if they are going to survive I think they might need to carry more specialty parts.

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