News & Analysis

State eases into rollout of software in tax fix

July 26, 2014
Kathleen McLaughlin
The Indiana Department of Revenue is five to seven years from replacing the 1990s software that processes the bulk of the state’s tax dollars and that auditors cited in the wake of massive accounting errors.
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UPDATE: Four doctors arrested in clinic raids

July 25, 2014
Associated Press
Dr. Larry Ley, 68, of Noblesville, was being held on $1 million bond on drug-dealing charges in Hamilton County Jail. A dozen additional suspects, including three other doctors, were either under arrest or being sought by police.
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Indianapolis pulls future support for Amtrak line

July 25, 2014
 Associated Press and IBJ Staff
City officials in Indianapolis have cast the future of an Amtrak passenger line between Indianapolis and Chicago into doubt after deciding not to provide any additional money to subsidize the line.
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BidPal sees changes at top, cuts workforce

July 25, 2014
Jeff Newman
BidPal Inc., one of the Indianapolis-area’s fastest-growing companies in recent years, has reduced its workforce by 25 percent and is looking for a replacement for longtime CEO and local tech titan Scott Webber.
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Carmel residents balk at sewer-overflow tank planned next to church

July 25, 2014
Dennis Barbosa
The Clay Township Regional Waste District has made a $106,800 offer to King of Glory Church to buy land for the above-ground tank, which would be the size of a one-story McMansion.
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NCAA’s $60M video-game settlement moves ahead

July 25, 2014
Bloomberg News
The decision may mean that the judge will soon rule on whether the Indianapolis-based NCAA must change its rules to let students negotiate licenses for the use of their names and images.
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State sells $244 million in bonds for I-69 segment

July 25, 2014
Associated Press
The project will upgrade Indiana 37 to interstate standards. It's part of the I-69 extension that will connect Indianapolis and Evansville.
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Holiday World plans $22 million winged roller coaster

July 25, 2014
Associated Press
The Holiday World amusement park in southern Indiana is building a new $22 million roller coaster that it says will launch riders to 60 miles an hour in 3.5 seconds, with a 14-story loop and four inversions.
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Kokomo airport runway extension almost completed

July 25, 2014
Associated Press
Pushing the pavement to 6,000 feet is intended to accomodate larger, corporate jets.
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Obama wants limits on U.S. company mergers abroad

July 24, 2014
Associated Press
President Barack Obama on Thursday demanded "economic patriotism" from U.S. corporations that use legal means to avoid U.S. taxes through overseas mergers.
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Feds cap fines for not buying health insurance

July 24, 2014
Associated Press
Federal researchers predict that about 4 million people, including dependents, could be hit with fines by 2016.
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Indiana receives 245 children caught at U.S. border

July 24, 2014
Associated Press
The U.S. is battling a surge in the number of unaccompanied children who have been fleeing violence in Central America and crossing into the U.S. because they believe they will be allowed to stay.
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Feds scrutinize Indiana for Medicaid backlog

July 24, 2014
J.K. Wall
More than 80,000 Hoosiers had their applications for the Medicaid health benefits stuck in a backlog in May, prompting the federal government to launch a special review next week.
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Judge rules against residents in suit over hog smell

July 24, 2014
Associated Press
A judge has ruled state law protects four large hog farms from lawsuits filed by residents of an eastern Indiana county who complained about waste and foul smells from their operations.
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Allison profit upshifts on North American demand

July 24, 2014
 IBJ Staff
In its second quarter, the Indianapolis-based manufacturer of transmissions and propulsion systems rode accelerating sales for rugged-duty, student transport, and hydraulic fracturing equipment.
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First Internet reports smaller quarterly profit

July 24, 2014
 IBJ Staff
A slide in mortgage-banking income hurt earnings, but net-interest income, commercial loans, deposits and assets were all on the rise.
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NCAA enforcement director defends investigators

July 24, 2014
Associated Press
Two days after Big 12 Commissioner Bob Bowlsby called the NCAA enforcement system overwhelmed and "broken," the Indianapolis-based NCAA's top cop fired back.
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Street performers to make debut in Indianapolis

July 24, 2014
 Associated Press and IBJ Staff
A special project aims to foster the art of street performance in downtown Indianapolis. The project is being promoted by the Arts Council of Indianapolis, Indianapolis Downtown Inc. and arts group IndyFringe.
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Lilly sales, profit drop but beat analysts' expectations

July 24, 2014
J.K. Wall
Indianapolis-based Lilly and Co. lost 17 percent of its revenue during the second quarter as U.S. patents expired on its bestselling drugs Cymbalta and Evista.
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Lake County judge strikes down Indiana right-to-work law

July 23, 2014
Associated Press
Indiana Attorney General Greg Zoeller said he will ask for a stay to prevent the decision from taking effect immediately. A similar case is already pending before the Indiana Supreme Court.
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Sierra Club wants Indianapolis coal plant closed

July 23, 2014
Associated Press
The Sierra Club is pressing Indianapolis' local utility to retire an aging coal-fired power plant that's slated to continue burning coal for at least two more decades.
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Angie's List stock sinks on quarterly loss, downgrades

July 23, 2014
 IBJ Staff
Shares in Angie's List Inc. dropped as much as 24 percent and at least seven analysts downgraded the stock Thursday after the company reported a bigger-than-expected loss in the second quarter on Wednesday afternoon.
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Blood tests for DWI cases costing Hancock County

July 23, 2014
Associated Press
In drunken-driving cases, the same tests prosecutors say have become necessary to successfully convict are also draining an important county budget.
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Job fairs help Duke Energy fill its talent pool

July 23, 2014
Associated Press
The average age of the line technicians who work for Duke Energy Corp. is between 50 and 55 years. Enduring an influx of retirements before it's able to restock its work force with field-ready technicians is a genuine concern.
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Dow Agro reports record second-quarter sales

July 23, 2014
 Bloomberg News and IBJ Staff
Dow AgroSciences LLC posted sales of $1.9 billion in the second quarter, an increase of 3 percent over last year's second period, the Indianapolis-based company reported Wednesday morning.
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  1. Can your dog sign a marriage license or personally state that he wishes to join you in a legal union? If not then no, you cannot marry him. When you teach him to read, write, and speak a discernible language, then maybe you'll have a reasonable argument. Thanks for playing!

  2. Look no further than Mike Rowe, the former host of dirty jobs, who was also a classically trained singer.

  3. Current law states income taxes are paid to the county of residence not county of income source. The most likely scenario would be some alteration of the income tax distribution formula so money earned in Marion co. would go to Marion Co by residents of other counties would partially be distributed to Marion co. as opposed to now where the entirety is held by the resident's county.

  4. This is more same-old, same-old from a new generation of non-progressive 'progressives and fear mongers. One only needs to look at the economic havoc being experienced in California to understand the effect of drought on economies and people's lives. The same mindset in California turned a blind eye to the growth of population and water needs in California, defeating proposal after proposal to build reservoirs, improve water storage and delivery infrastructure...and the price now being paid for putting the demands of a raucous minority ahead of the needs of many. Some people never, never learn..

  5. I wonder if I can marry him too? Considering we are both males, wouldn't that be a same sex marriage as well? If they don't honor it, I'll scream discrimination just like all these people have....

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