News & Analysis

Pence: Intact families key to strong economy

June 17, 2014
Seth Morin, The Statehouse File
Republican Gov. Mike Pence said Tuesday that the state should encourage young people to get married and only have children after they’re married to keep the Indiana economy strong.
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Second man serving time in Ball State fraud scandal

June 17, 2014
Associated Press
A Brooklyn, N.Y., man was sentenced to three years in prison for his role in an investment fraud scheme that cost Ball State University $13.1 million.
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Lawmakers approve fixes to criminal sentencing

June 17, 2014
Associated Press
The General Assembly met Tuesday for its first "technical corrections day" — a special one-day meeting with limits placed on it so lawmakers do not have to do a full-blown "special session."
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Bosma: No ethics sanctions against Turner

June 17, 2014
Associated Press
House Speaker Brian Bosma said Tuesday he will not sanction House Speaker Pro Tem Eric Turner after an ethics probe determined the lawmaker did not violate state ethics rules.
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Cummins building new southern Indiana tech center

June 17, 2014
Associated Press
Engineers from several locations will be based at the $70 million center about 50 miles south of Indianapolis, and more than 600 people could be working there when it is completed next year.
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Washington Prime buys Clay Terrace stake from Lauth

June 17, 2014
 IBJ Staff
Simon Property Group spinoff Washington Prime Group on Monday announced deals worth about $326 million involving at least seven shopping centers, including Clay Terrace in Carmel.
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Daniels says IPFW better off staying under Purdue

June 17, 2014
Associated Press
Purdue University President Mitch Daniels believes IPFW's biggest strength is its ability to award a diploma that says "Purdue University" or "Indiana University"—something it would lose if it were to break away, .
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Judge finds ‘rational’ reasons for restricting cold-beer sales

June 17, 2014
 IBJ Staff and Associated Press
Judge Richard L. Young ruled the state has legitimately drawn a line by only allowing liquor stores to sell cold beer.
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FDA prepping long-awaited plan to reduce salt

June 17, 2014
Associated Press
Food companies and restaurants could soon face government pressure to make their foods less salty for health reasons.
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Interactive Intelligence seeks city tax breaks for expansion

June 17, 2014
Dan Human
Indianapolis is considering nearly $2.6 million in tax breaks over 10 years as an incentive for Interactive Intelligence's planned $28 million investment.
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Report: Charitable giving almost back to pre-recession levels

June 17, 2014
Andrea Muirragui Davis
Charitable giving in the United States continues to recover from its recession-induced slump, reaching an estimated $335.2 billion last year, a new study concludes.
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Estate in rural Indiana priced at $8M could be tough sell

June 17, 2014
Associated Press
Carriage Manor Estate is like one of those houses you see on TV shows documenting the high life of the rich and famous — except it's not located in Beverly Hills, New York or even Indianapolis.
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Area home-construction permit filings flatten out

June 17, 2014
 IBJ Staff and Associated Press
Homebuilders filed 530 single-family building permits in the metro area in May. That’s exactly the same number of permits that were filed in May 2013. Local construction numbers were better than national figures.
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Noblesville firm plans $3M East 16th Street investment

June 17, 2014
Scott Olson
Slane Capital is developing the project for Better Retail, which plans to move its headquarters from Hamilton County while converting the dilapidated structure just east of the Monon Trail into a hub for food-and-beverage startups.
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GOP governors: EPA carbon dioxide rules job killer

June 16, 2014
Associated Press
Republican governors from oil-and-gas rich states said Monday that new federal rules designed to cut emissions linked to global warming from power plants by 30 percent by 2030 will kill jobs and growth.
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Emmis acquires majority stake in software firm

June 16, 2014
 IBJ Staff
Emmis Communications Corp. said Monday that it acquired a controlling interest in Indianapolis-based pricing software firm Digonex Technologies Inc. in a deal worth about $5 million.
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Indiana social services chief Minott leaving post

June 16, 2014
 The Statehouse File
The head of the Indiana Family and Social Services Administration is on her way out just as negotiations heat up with federal officials over Gov. Mike Pence’s alternative to a traditional Medicaid expansion.
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Ball State bilked in 2nd scheme for $5 million

June 16, 2014
Associated Press
Ball State University lost $5 million in an investment fraud scheme in addition to the $8.1 million scheme announced last week.
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Lilly, IU expect $25M plan to create new model for drug R&D

June 16, 2014
J.K. Wall
A new research consortium spearheaded by the Indiana University School of Medicine and Eli Lilly and Co. could bring in $25 million to $50 million over five years to create a new approach for developing drugs that provide more precise treatment for small groups of patients.
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State Fair prepares to pop cork on alcohol sales

June 16, 2014
Emily Metheny, The Statehouse File
Indiana beers and wines will be available this summer for the first time in seven decades, but there will be several limitations on their sale.
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Existing home sales continue dismaying trend

June 16, 2014
 IBJ Staff
Figures for May add to evidence that about 14 percent fewer homes are selling this year in the nine-county area compared with the same point in 2013. But sale prices still are on the rise.
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Longtime councilor Brown to leave office

June 16, 2014
Kathleen McLaughlin
Democrat Vernon Brown, a key opponent of Indianapolis Mayor Greg Ballard’s infrastructure-spending plan, said he plans to resign from the City-County Council this summer.
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Pence urges feds to OK education standards waiver

June 16, 2014
Paige Clark, The Statehouse File
The waiver allows Indiana to set different state standards for education without having to fully comply with the rules set by the controversial federal law.
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Medtronic to acquire device maker Covidien for $42.9B

June 16, 2014
Bloomberg News
Medtronic Inc., the second-largest maker of medical devices, will be based in Ireland after the acquisition for tax advantages.
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Deposition challenges timing of BMV overcharges

June 15, 2014
Associated Press
A former deputy director at the Indiana Bureau of Motor Vehicles says he told agency leaders as early as 2010 that many BMV fees exceeded what was authorized under Indiana law.
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  1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

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