News & Analysis

Key House Republican praises Obama housing plan

March 1, 2011
Associated Press
The Obama administration's plan to gradually dissolve ailing housing giants Fannie Mae and Freddie Mac and to shrink the government's role in the mortgage market drew praise from House Republicans on Tuesday.
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Second Helpings names CEO

March 1, 2011
Kathleen McLaughlin
Second Helpings named Jennifer Vigran, a human resources professional and past board member, its new CEO.
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Indiana private-school voucher bill faces changes

March 1, 2011
Associated Press
To win solid support for the bill from his own caucus, House Speaker Brian Bosma said Republicans are considering limiting the number of students who could receive vouchers and may further restrict qualifying income levels.
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Construction activity falls to near-decade low

March 1, 2011
Associated Press
The current pace of construction activity is just about half of the $1.5 trillion level that economists believe would signal a healthy construction sector.
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Interactive Intelligence buys German firm

March 1, 2011
Kathleen McLaughlin
Indianapolis-based Interactive Intelligence Inc. has acquired Agori Communications in an all-cash transaction, announced Tuesday morning.
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City-County Council OKs new crime grants board

March 1, 2011
Kathleen McLaughlin
The Indianapolis Parks Foundation will administer the city's tax-supported crime grants program, under a proposal approved Monday night 26-0 by the City-County Council.
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North of South development to start this summer

March 1, 2011
Tom Harton
Now that financing for Buckingham Cos.’ massive project has the city’s blessing, the local developer is turning its full attention to construction of the 14-acre, mixed-use complex.
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Republicans turn up public pressure on Dem holdouts

February 28, 2011
Associated Press
Republicans are trying to turn up the political heat on Indiana House Democrats who left the state to stall labor- and education-related bills they find objectionable.
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Bankruptcy filings ease slightly in Indiana

February 28, 2011
Scott Olson
Total bankruptcy filings in the Southern District of Indiana, which encompasses Indianapolis and the surrounding counties, ticked down last year. Business bankruptcies in Indiana dropped 3.2 percent.
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IPO could help ease Allison Transmission's debt

February 28, 2011
Kathleen McLaughlin
Allison Transmission Inc.'s enormous debt load is probably one factor driving the company to consider a public offering, an investment analyst said Monday morning.
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Indiana House Democrats take boycott into second week

February 28, 2011
Associated Press
House Democrats say they won't return to the Statehouse unless Republicans give into their demands to change labor-related legislation.
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Rising pump prices rattle drivers, businesses

February 28, 2011
Associated Press
High fuel prices are forcing tough choices on small-business owners who are loathe to charge more for fear of losing cost-conscious customers.
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Tax cut lifts incomes, but spending barely rises

February 28, 2011
Associated Press
Consumers increased spending 0.2 percent in January, the smallest gain since June, the Commerce Department reported Monday. Personal incomes jumped 1 percent, reflecting the 2 percentage point reduction from the Social Security tax cut.
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Congress takes up major change in patent law

February 28, 2011
Associated Press
Congress has been trying for well over a decade to rewrite patent law, only to be thwarted by the many interested parties.
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Ballard encouraged by NFL labor negotiations

February 27, 2011
Associated Press
He believes NFL owners and players are making progress on a new collective bargaining agreement and that next year's Super Bowl will still be played at Lucas Oil Stadium.
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Purdue to help businesses, towns participate in global economy

February 26, 2011
Associated Press
China is the first country chosen for the initiative, which is aimed at generating trade and investment opportunities for Indiana companies and communities.
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Local lawyer's connection to the greats runs deep

February 26, 2011
Scott Olson
What do Johnny Unitas, Vince Lombardi and Babe Ruth have in common? Indianapolis intellectual property attorney Jonathan Faber.
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Cuts may spark mergers among public broadcastersRestricted Content

February 26, 2011
Kathleen McLaughlin
Indianapolis public broadcaster WFYI is bracing for an era of budget cuts that could prompt consolidation among Indiana stations.
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Partisan divide could threaten long-term education reform

February 26, 2011
Francesca Jarosz
Indiana’s Republican-controlled Legislature will likely pass the bulk of education-reform measures being pushed this year by party heavyweights, but partisan rancor could threaten the long-term prospects for a sweeping overhaul of the state’s public schools.
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Hulman board overhaul may signal strategy shift, even IPORestricted Content

February 26, 2011
Anthony Schoettle
The Feb. 17 announcement that Terre Haute-based Hulman & Co. was expanding its board of directors from four to eight members could simply mean the company is looking for guidance from a broadened brain trust, or it could be a signal the company is at a significant crossroads.
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Ties to Durham haven't hurt McKain

February 26, 2011
Greg Andrews
For the past decade, Indianapolis-based professional speaker Scott McKain has used his experience at Obsidian Enterprise Inc. as the centerpiece of his marketing pitch, but Obsidian is not the success his bio advertises it to be.
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Intellectual property theft rising quicklyRestricted Content

February 26, 2011
Bob Kronemyer / Special to IBJ
Filching ranges from crude to highly sophisticated, experts say.
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Indianapolis airport plan plays up money-making logisticsRestricted Content

February 26, 2011
Chris O'Malley
Growing cargo and logistics business overshadows such titillating concepts as solar farm, recreation campus.
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Experts: Economy too weak to fuel venture-capital investmentRestricted Content

February 26, 2011
Norm Heikens
Activity won’t gain much steam until more entrepreneurs become optimistic, and optimism won’t materialize until the economy gets warmer, said John Barnard, managing director of Pearl Street Venture Funds.
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Deal to redevelop Bank One garage full of twists, turnsRestricted Content

February 26, 2011
Cory Schouten
The city of Indianapolis is finally poised to close, after three years of twists, a complex redevelopment deal on the 1,600-space former Bank One parking garage.
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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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