News & Analysis

Pence names first woman to top utility regulatory post

May 20, 2014
 The Statehouse File
Carol Stephan, who was first appointed a commissioner earlier this year, will take over the post vacated by Jim Atterholt, who stepped down this month to become the governor’s chief of staff.
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Beech Grove sues Franciscan, blames it for sewage backups

May 20, 2014
J.K. Wall
The lawsuit, filed Tuesday in Marion Superior Court, claims the flow of storm water into Beech Grove's sanitation system has caused backups of raw sewage and storm water into the basements of homes surrounding the former hospital site.
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State lottery operator falling short of goal

May 20, 2014
Kathleen McLaughlin
Gtech Indiana will have to sell a lot of scratch-off games and other tickets in May and June if wants to avoid making a shortfall payment to the state.
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Indy Super Bowl bid calls for new football research center, HQ

May 20, 2014
Anthony Schoettle
Part of the legacy project included in Indianapolis' 2018 Super Bowl bid includes building a research and training center and headquarters for USA Football, local bid committee members revealed Tuesday morning.
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NFL owners to consider expansion of playoffs

May 20, 2014
Bloomberg News
In addition to deciding which city will host the 2018 Super Bowl, National Football League owners on Tuesday will try to determine whether to add two more teams to the playoffs.
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Indy an underdog in final push to capture 2018 Super Bowl

May 20, 2014
Anthony Schoettle
New Orleans has emerged as the front runner to host the Super Bowl in 2018 due to its tricentennial celebration and the fact that this could be 87-year-old Saints owner Tom Benson's last crack at hosting the big game.
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HHGregg reports quarterly loss, lower revenue

May 20, 2014
Scott Olson
As expected, the company Tuesday morning reported disappointing fourth-quarter sales that led to a $7.2 million loss for the Indianapolis-based appliance, electronics and furniture retailer.
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Developer seeks abatement on $24M UIndy project

May 20, 2014
Scott Olson
The University of Indianapolis has selected local developer Strategic Capital Partners LLC to build its health sciences center. To help offset its investment costs, Strategy Capital has requested a tax abatement valued at $2.5 million.
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Pence pitches health plan proposal in Washington

May 19, 2014
Associated Press
The health insurance expansion Gov. Mike Pence is touting relies on federal Medicaid money and meets federal Medicaid requirements, but the Republican governor insists it's not Medicaid.
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Tech firm ChaCha slices 28 of its 44 employees

May 19, 2014
Dan Human
The Carmel-based question-and-answer service cut its 18-month-old social media division, Social Reactor, after a rate algorithm change at Google slashed the division's revenue from advertising.
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Irsay to pump Indy's Bowl bid, refuses to discuss March arrest

May 19, 2014
Anthony Schoettle
When ESPN’s Sal Paolantonio offered Indianapolis Colts owner Jim Irsay the chance to apologize to the Colts team and fans, he refused to bite.
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Drugmaker hid diabetes drug’s cancer risks, lawyer says

May 19, 2014
Bloomberg News
Takeda Pharmaceutical Co. executives covered up the cancer risks of its diabetes medicine Actos to protect billions of dollars in sales, a lawyer for two women argued.
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Indiana's Obamacare rates for 2015 all over the map

May 19, 2014
J.K. Wall
Initial 2015 premiums filed for the Obamacare exchanges in Indiana ranged from as high as a 46-percent hike to as low as a 9-percent cut. Anthem Blue Cross and Blue Shield wants an average increase of 9.7 percent.
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Bollore Group chairman predicts Indy profitability

May 19, 2014
Kathleen McLaughlin
Speaking at Monday's BlueIndy ribbon-cutting downtown, Bollore Group Chairman Vincent Bollore said the electric car-sharing service will need 15,000 to 20,000 regular users to break even.
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City unveils first car-sharing charging station

May 19, 2014
 Associated Press and IBJ Staff, Bloomberg News
A French company on Monday unveiled its first electric car-charging station in Indianapolis, where drivers will be able to rent plug-in vehicles for short-term trips later this year.
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Bowl bid focuses on football safety, with Saturday at center of pitch

May 19, 2014
Anthony Schoettle
Indianapolis is betting that an ambitious project to study safety issues at all levels of football, plus expanding and snazzing up the Super Bowl Village, will help win the 2018 Super Bowl. And Jeff Saturday will help deliver the message.
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Hospital plans expansion 6 years after flooding

May 19, 2014
Associated Press
The $30 million project at Columbus Regional Hospital will expand its emergency department and cancer center.
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Simon partner looks to buy out co-owners in expansion drive

May 19, 2014
Bloomberg News
Paris-based Klepierre SA, whose largest shareholder is Simon Property Group Inc., plans to spend as much as $686 million a year on expansion.
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Stadium project a homecoming for Indianapolis-based designer

May 19, 2014
Associated Press
Dan McCloskey, who works for Indianapolis-based American Structurepoint, has been named senior project architect on the recently unveiled $11.5 million Kokomo Municipal Stadium in downtown Kokomo.
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Temporary jobs on rise in today's shifting economy

May 19, 2014
Associated Press
Part-time and contract jobs in the past tended to rise during recessions and recede during recoveries. But maybe no longer: Part-time workers have accounted for more than 10 percent of U.S. job growth since the recession officially ended in June 2009.
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AT&T aims for TV's future with $48.5B DirecTV deal

May 19, 2014
Associated Press
With 5.7 million U-verse TV customers and 20.3 million DirecTV customers in the U.S., the combined AT&T-DirecTV would become the second-largest pay TV operator behind a combined Comcast-Time Warner Cable.
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UPDATE: AstraZeneca board rejects new offer from Pfizer

May 19, 2014
Associated Press
Pfizer's proposed deal would have been the richest acquisition ever among drugmakers and the third-biggest deal in any industry, according to figures from research firm Dealogic.
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Indiana's next do-not-call list deadline looms

May 18, 2014
Associated Press
Indiana residents irritated by unwanted telemarketing calls have until Tuesday to meet the state's latest deadline for its do-not-call list.
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IU's McRobbie among highest paid university leaders

May 18, 2014
Associated Press
The number of public college presidents receiving more than $1 million in compensation more than doubled in the 2012-2013 fiscal year from the year before, according to a new survey.
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Banks scrambling to find experienced workersRestricted Content

May 17, 2014
Chris O'Malley
Many banks let training languish in an era when consolidation made it easy to snap up veterans. Now, with boomers starting to retire, banks want to pass the baton smoothly.
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  1. With Pence running the ship good luck with a new government building on the site. He does everything on the cheap except unnecessary roads line a new beltway( like we need that). Things like state of the art office buildings and light rail will never be seen as an asset to these types. They don't get that these are the things that help a city prosper.

  2. Does the $100,000,000,000 include salaries for members of Congress?

  3. "But that doesn't change how the piece plays to most of the people who will see it." If it stands out so little during the day as you seem to suggest maybe most of the people who actually see it will be those present when it is dark enough to experience its full effects.

  4. That's the mentality of most retail marketers. In this case Leo was asked to build the brand. HHG then had a bad sales quarter and rather than stay the course, now want to go back to the schlock that Zimmerman provides (at a considerable cut in price.) And while HHG salesmen are, by far, the pushiest salesmen I have ever experienced, I believe they are NOT paid on commission. But that doesn't mean they aren't trained to be aggressive.

  5. The reason HHG's sales team hits you from the moment you walk through the door is the same reason car salesmen do the same thing: Commission. HHG's folks are paid by commission they and need to hit sales targets or get cut, while BB does not. The sales figures are aggressive, so turnover rate is high. Electronics are the largest commission earners along with non-needed warranties, service plans etc, known in the industry as 'cheese'. The wholesale base price is listed on the cryptic price tag in the string of numbers near the bar code. Know how to decipher it and you get things at cost, with little to no commission to the sales persons. Whether or not this is fair, is more of a moral question than a financial one.

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