Government & Economic Development

Indy Chamber of Commerce endorses smoking ban

October 26, 2009
Cory Schouten
The Indianapolis Chamber of Commerce is throwing its weight behind a tougher workplace smoking ban up for consideration tonight by the City-County Council.
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Indiana cities association seeking local tax options

October 26, 2009
Associated Press
The association representing 470 cities and towns wants lawmakers to pass legislation that would give municipalities the authority to adopt local option income taxes.
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First Financial gets sweet deal on Irwin Financial's bank assetsRestricted Content

October 24, 2009
Greg Andrews
It’s good to be among the favored few, those blessed by the Federal Deposit Insurance Corp. to scoop up the remnants of failed banks. Because it was on the FDIC list of approved buyers, Cincinnati-based First Financial Bancorp was able to acquire Columbus, Ind.-based Irwin Financial Corp.’s banking operations under terms that would make any deal-maker proud.
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Cook Group Inc. owner says health reform's tax on medical devices could kill jobs

October 24, 2009
 IBJ Staff
Bloomington-based Cook Group Inc. might have to cut as many as 1,000 local jobs if Congress enacts a tax on medical devices to pay for health care reform, company founder Bill Cook said in an interview.
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City official: 'We're obligated' to weigh privatizing some stadium, convention duties

October 21, 2009
Peter Schnitzler
Mayoral Chief of Staff Paul Okeson said the city isn't sure it makes sense to privatize operations now handled by the Capital Improvement Board, “but we’re obligated on behalf of the taxpayer to find out.”
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State jobless rate dips for third consecutive month

October 21, 2009
Scott Olson
Unemployment in Indiana fell for the third consecutive month in September, bucking the national trend of rising jobless rates, the Indiana Department of Workforce Development said Wednesday morning.
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Lockheed Martin planning Indianapolis layoffs

October 19, 2009
 IBJ Staff
Maryland-based Lockheed Martin will idle 10 percent of the employees at its Indianapolis call center as a result of declining call volumes and "funding issues" that are cutting short a five-year federal contract worth a total of $80 million.
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Consultant: Indianapolis water utility lax in overseeing Veolia

October 17, 2009
Chris O'Malley
The city too often relied on the Department of Waterworks’ board, on consultants and on the private operator, Veolia Water, rather than on the department’s own staff “to ensure safe and efficient operation, maintenance and management” of Indianapolis Water. That’s one of several critical findings of a consultant hired by the department and filed as part of a 35-percent rate-hike request pending before the Indiana Utility Regulatory Commission.
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Funding cut jeopardizes popular Indiana Artisan programRestricted Content

October 17, 2009
Anthony Schoettle
A state-run program aimed at boosting business for local artisans—ranging from painters to syrup makers—and turning them into a draw for tourists is in jeopardy because of dramatic funding cuts.
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Baucus health reform bill draws fire in Indiana, too

October 17, 2009
 IBJ Staff
The health insurance industry’s sudden counterpunch to the Senate version of health reform echoed in Indiana and opened a key issue for the rest of the debate: Will covering half of the country’s uninsured mean raising premiums for the 85 percent of Americans who already have insurance?
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City trying to land headquarters of storytelling organization

October 17, 2009
 IBJ Staff
The National Storytelling Network will consider Indianapolis, along with eight other cities, as it looks to move its headquarters from Jonesborough, Tenn.
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Bloomington mayor to roll out chain-store ordinance for downtown

October 17, 2009
Kathleen McLaughlin
Bloomington Mayor Mark Kruzan believes this beloved college town loses a bit of its identity every time a national chain sets up shop.
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HICKS: Flu season offers prelude to health care reformRestricted Content

October 17, 2009
Mike Hicks
This flu season looks to provide us an inkling of the real dangers inherent in large-scale health care reform, most especially a full-blown national health care option.
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Governor to merge state museum into new agency

October 16, 2009
Kathleen McLaughlin
Indiana Gov. Mitch Daniels is planning to merge the Indiana State Museum, 12 historic sites and state library under one new agency, according to sources close to the museum.
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Tougher smoking ban passes committee

October 15, 2009
 IBJ Staff
An ordinance that would prohibit lighting up in bars, bowling alleys and nightclubs, and nearby outdoor seating areas as well, was endorsed 4-2 by a City-County Council committee Wednesday night.
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Indiana State Museum chief Dressel abruptly resigns

October 14, 2009
Kathleen McLaughlin
Barry Dressel has resigned as the president and CEO of the Indiana State Museum, the state's Department of Natural Resources confirmed Wednesday afternoon.
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City strengthens building-permit process

October 14, 2009
Scott Olson
The pre-permit review could add nearly three weeks to the current permitting process
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CIB improves financial situation with more cuts

October 13, 2009
Scott Olson
The Indianapolis Capital Improvement Board's dire financial situation might be improving enough that it may forego the first installment of a $27 million state loan.
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Frequent GOP candidate Scott wants to face Carson

October 13, 2009
Associated Press
A Butler University professor who has run for Congress several times says he will seek the Republican nomination to challenge Democratic Rep. Andre Carson of Indianapolis next year.
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Study: Taxing services could yield state $6.8B

October 12, 2009
Peter Schnitzler
The non-partisan Indiana Fiscal Policy Institute this morning released a new study exploring the ramifications of expanding the state's sales tax to include services.
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Securities firm Stifel Nicolaus balks at fraud charge

October 10, 2009
Peter Schnitzler
Transactions cited in the complaint involved advisers scattered across the firm’s seven Indiana offices, though two-thirds were clients of Jeff Cohen.
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Grocery, housing projects could rejuvenate stretch of 16th Street

October 10, 2009
Cory Schouten
A troubled low-income housing project has a new owner with plans to redevelop the complex to better connect with the Herron Morton Place neighborhood. Next door, Kroger has revived efforts to acquire land and plan a new supermarket to replace a cramped, old-format location.
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Mayor seeks your suggestions

October 10, 2009
 IBJ Staff
The newly created Indy Ideas Web site and the Neighborhood Association Council are both intended to encourage participation in local government.
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Green year for city hall, businesses

October 10, 2009
 IBJ Staff
It’s been a year since Republican Mayor Greg Ballard launched the City’s Office of Sustainability. On Oct. 6, Ballard and his sustainability director, Karen Haley, outlined accomplishments in the first year.
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Economist: Recovery at hand, but barriers exist

October 9, 2009
Scott Olson
Leading indicators show that an economic recovery likely will take hold in 2010, although several challenges remain that could delay a solid rebound from the worst recession in a generation, an economist said Friday morning at IBJ's annual Economic Forecast.
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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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