Federal Government

Banks eager to loan, but small firms hold backRestricted Content

October 13, 2012
Kathleen McLaughlin
Indiana banks can tout more success in small-business lending since the recession ended, but the success is hard-won because the masses of entrepreneurs remain cautious about borrowing.
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HIATT: Political campaign puts private equity in the spotlightRestricted Content

October 13, 2012
Tom Hiatt / Special to IBJ
In the current political campaign, private equity, the industry in which I have spent much of my career, finds itself in the spotlight. But in my conversations with other intelligent people, I often find they are curious about what private equity funds do.
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Lawmakers question Abound loan, citing quality issues

October 11, 2012
Bloomberg News
House Republicans want more information about a $400 million loan guarantee from the U.S. Energy Department to Abound Solar Inc., citing reports that significant “technological difficulties” with the company’s solar panels were known before the aid was approved.
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U.S. unemployment rate falls to 7.8 percent, wages rise

October 5, 2012
Associated Press
The nation's jobless rate fell from 8.1 to a 44-month low of 7.8 percent in September, according to government data, as employers added 114,000 jobs. Wages rose over the month, and more people started looking for work.
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Dems, GOP launch on-air ad spree for Senate seat

October 1, 2012
Associated Press
Indiana has quickly become a major battleground in the race for control of the U.S. Senate, with national Republicans and Democrats forking over more cash this week to tea party favorite Richard Mourdock and Democrat Joe Donnelly.
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U.S. Department of Commerce recognizes Indianapolis exporterRestricted Content

September 29, 2012
 IBJ Staff
Hoosier Gasket Corp. received the Export Achievement Award for its recent success in Eastern Europe and China.
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BRODY: Accountable care organizations improve health careRestricted Content

September 29, 2012
Robert Brody / Special to IBJ
As we began looking at accountable care organizations, we clearly understood that this new model complemented our existing approach and had potential to significantly affect care, leading to better communication, better coordination of care, and better outcomes for patients.
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STORY: Health care rationing has already arrivedRestricted Content

September 29, 2012
Timothy J. Story / Special to IBJ
There will be health care rationing. The only question is who will do the rationing—the government, health care providers, or you and me. The odds are good there will be some rationing from all those sources
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Dems increase spending in tight Indiana Senate battle

September 24, 2012
Associated Press
Democrats eyeing a rare opportunity to pick up a U.S. Senate in a traditionally red state are buying television time in Indiana for the second consecutive week as they fight to maintain control of the chamber.
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Gubernatorial, Senate debates planned for next monthRestricted Content

September 22, 2012
John Gregg and Mike Pence will square off in three debates, starting Oct. 10. Candidates for U.S. Senate will debate on Oct. 15 and Oct. 23.
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GOP support building behind Mourdock

September 17, 2012
Associated Press
On Monday at an Indianapolis fundraiser, GOP vice presidential candidate Paul Ryan exhorted Republicans to "please, please, send us Richard Mourdock!" Other prominent party members are lining up behind Mourdock, too.
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GOP spending $650K in tight Indiana Senate race

September 16, 2012
Associated Press
Senate Republicans will jump into Indiana's pitched Senate battle this week, responding to a Democratic ad-buy with one of their own as they seek control of the Senate in November.
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Dems to pour $516K into Indiana Senate battle

September 14, 2012
Associated Press
A party official said Friday the Democratic Senatorial Campaign Committee is financing a new ad for Rep. Joe Donnelly that will run statewide.
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FDA drug-review deal may unravel as fiscal cliff looms

September 10, 2012
Bloomberg News
A $6.4 billion accord for U.S. drug and medical-device reviews is set to unravel just three months after taking effect as lawmakers squabble over budget cutbacks.
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Commuter subsidies often go unnoticedRestricted Content

September 8, 2012
Mason King
In a dark little corner of the tax code known as Section 132(f), the IRS lets employers provide tax-free benefits—typically, payroll deductions and/or subsidies—to employees for commuting costs. That includes vans, buses, bikes, trains, and even parking. And both parties can save, since they’re not getting dinged for their respective taxes on the amount of the benefit.
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U.S. unemployment rate dips despite weak jobs report

September 7, 2012
Associated Press
The unemployment rate fell to 8.1 percent from 8.3 percent in July, the Labor Department said Friday. But that was only because more people gave up looking for work. Hourly pay fell, manufacturers cut the most jobs in two years and the number of people in the work force dropped to its lowest level in 31 years.
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Romney pitches change for veterans in Indiana speech

August 29, 2012
Associated Press
Republican presidential candidate Mitt Romney told veterans Wednesday in Indianapolis that he's already started planning how to change veterans' services to help them find jobs during a Romney administration.
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Livestock farmers still seeking pause in ethanol production

August 9, 2012
Associated Press
Livestock farmers and ranchers seeing their feed costs rise because of the worst drought in a quarter-century are demanding that the EPA waive production requirements for corn-based ethanol. The Obama administration sees no need for a waiver.
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Daniels seeks candidate input on health exchange

August 2, 2012
Associated Press
Indiana Gov. Mitch Daniels asked the three gubernatorial candidates this week for their input as he decides whether to establish a state health insurance exchange.
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Health insurers' anti-fraud bid seeks to ease profit-limit rule

July 27, 2012
Bloomberg News
The Obama administration Thursday announced a partnership with the industry in which WellPoint Inc., UnitedHealth Group Inc. and other insurers may try to share more billing data with the government to root out fraud.
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High court ruling could leave 290K Hoosiers uncovered

July 1, 2012
J.K. Wall
A decision by Indiana to leave its Medicaid program unchanged could leave as many as 290,000 Hoosier adults, who would have been newly eligible for Medicaid coverage, with no good options.
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Daniels says legislators to decide Medicaid change

June 29, 2012
Associated Press
Indiana Gov. Mitch Daniels says he wants to make sure he understands the Supreme Court ruling upholding the health care law before deciding how the state will respond.
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High court health care decision good for some, not others

June 29, 2012
Associated Press
The Supreme Court's decision Thursday to uphold President Barack Obama's historic overhaul is expected to boost many players in the health care industry, but not every corner of the sector will benefit.
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Abound failure raises questions anew about Obama policies

June 29, 2012
Bloomberg News
The failure of a second solar manufacturer that received loan guarantees from the U.S. Energy Department adds to pressure on President Barack Obama to justify incentives for the clean-energy industry that’s being undercut by Chinese competition.
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High court ruling opens Medicaid escape hatch for states

June 28, 2012
J.K. Wall
While upholding President Obama’s health care law, the U.S. Supreme Court may have created a way out for states that do not want to expand their Medicaid programs. Whether Indiana decides to opt out remains to be seen.
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  1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  2. If you only knew....

  3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

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