News & Analysis

At-Home Quarterly Marketplace

June 28, 2014
See the prices Indianapolis-area houses are selling for along with the most expensive recent sale, and a map of where people born out of state are most likely to live.
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East-side associations fight gas-station plan

June 28, 2014
Scott Olson
A property owner’s plans to convert the northwest corner of East 10th Street and Emerson Avenue into a convenience store and gas station are causing consternation among neighborhood leaders who hope to stop the project.
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Leaders navigate politics of infrastructure repairs

June 28, 2014
Kathleen McLaughlin
Indianapolis doesn’t have a long-term street paving plan, and as political leaders look to spend at least $300 million more on infrastructure, the city appears more vulnerable than its peers to partisan bickering.
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New airport boss sees bright future amid big industry changesRestricted Content

June 28, 2014
Kathleen McLaughlin
Mario Rodriguez has taken the captain’s chair at Indianapolis International Airport, which has been recognized as the “best airport” in North America by its peers, but also carries a high debt load and has struggled to add nonstop airline service.
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Breweries turn to outside investors to underwrite growth

June 28, 2014
Dan Human
Six breweries and two distilleries in Indiana have sought outside investments since January 2013, a few of them multiple times, federal records show. That’s up from just one brewery in both 2009 and 2010.
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City quietly scales back World Sports Park

June 28, 2014
Kathleen McLaughlin
Indianapolis is reining in costs and dialing back ambition at the new east-side World Sports Park. The park, which will be home to one of the few premier cricket fields in the United States, is coming in about $1 million under its $6 million budget because it will have fewer features than planned.
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Reimbursement snag trips up local DNA testing firmRestricted Content

June 28, 2014
J.K. Wall
Strand Diagnostics LLC's Know Error test uses DNA analysis to make sure a tissue sample that has been declared cancerous does, indeed, belong to the patient doctors think it does. But Strand is having trouble convincing Medicare that the test is medically necessary.
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IUPUI takes control of journalism programRestricted Content

June 28, 2014
 IBJ Staff
The journalism program on the IUPUI campus will on July 1, for the first time, become managed by IUPUI.
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Damar Foundation hires presidentRestricted Content

June 28, 2014
 IBJ Staff
Richard Markoff comes to the job from IUPUI, where he was a senior adviser to Chancellor Charles Bantz and a visiting lecturer teaching graduate courses in organizational leadership.
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SportsRestricted Content

June 28, 2014
 IBJ Staff
Through 37 scheduled home games this year, 303,771 fans have come through the turnstiles.
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Agency opposes hike for electric carsRestricted Content

June 28, 2014
 IBJ Staff
David Stippler, whose job is to advocate for utility consumers, thinks Mayor Greg Ballard’s quest to have Indianapolis Power & Light customers pay the startup costs for an electric-car-sharing service sets a dangerous precedent.
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Appeals court stops gay marriage in Indiana

June 27, 2014
 IBJ Staff,  The Statehouse File
The 7th Circuit Court of Appeals on Friday night stopped county clerks from issuing marriage licenses to same-sex couples, a move that throws hundreds of unions performed over the past two days into limbo.
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Lawmaker: Tobacco settlement aids health programs

June 27, 2014
Associated Press
Indiana's settlement of its dispute with major tobacco companies — a deal bringing the state $217 million over the next two years — will help meet the state's obligations for several health-related programs, a top lawmaker says.
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Regional Operations Center back in business at Eastgate

June 27, 2014
Kathleen McLaughlin
Indianapolis Public Safety Director Troy Riggs is scheduled to lead a media tour of the reopened Regional Operations Center on Friday afternoon.
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Simon sues insurance companies over fatal escalator accident

June 27, 2014
Scott Olson
The mall manager has filed a lawsuit against two insurance companies claiming they should have covered its loss stemming from a teenager's escalator fall in 2009.
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Finish Line reports strong quarter as same-store sales rise

June 27, 2014
Associated Press
Sales at stores open at least a year climbed 5 percent, and the company's website improvements and relationship with Macy's also helped to drive profit.
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Lilly wins EU backing for version of insulin drug

June 27, 2014
Bloomberg News
Lantus, which garnered $7.8 billion in sales for Paris-based Sanofi in 2013, loses patent protection in Europe in May next year.
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Pence reappoints members of state education board

June 27, 2014
Associated Press
Pence announced Thursday that Indiana developer Gordon Hendry, Lake County attorney Tony Walker, Evansville teacher B.J. Watts and Huntington teacher Cari Whicker would serve new four-year terms.
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Bikeshare program reports nearly 30,000 rides in 8 weeks

June 26, 2014
 IBJ Staff
The Indiana Pacers Bikeshare program has landed 1,026 annual members and sold 9,926 24-hour passes, resulting in 29,874 total trips, Indianapolis Cultural Trail Inc. said.
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High court sides with Fifth Third employees in dispute

June 26, 2014
Associated Press
The U.S. Supreme Court on Wednesday sided with bank employees in a lawsuit against Fifth Third Bancorp that accused management of irresponsibly investing employee retirement money in the bank's then-failing stock.
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Pence says GOP should seek limits on federal government

June 26, 2014
Associated Press
Indiana Gov. Mike Pence on Thursday called on Republicans to dramatically limit the federal government's role in public education, welfare programs and transportation in a speech aimed at boosting his profile among New York's powerful political donors.
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Indiana settles dispute with tobacco companies

June 26, 2014
Emily Metheny, The Statehouse File
Under the agreement signed Thursday, Indiana will receive about $217 million during the next two years, enough to pay for programs that use the dedicated tobacco money.
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Employers scramble to deal with same-sex marriage

June 26, 2014
J.K. Wall
Nine out of 10 Hoosier employers do not offer benefits to same-sex partners, meaning many might need to change their policies after a federal judge on Wednesday declared same-sex marriage legal in Indiana.
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Pence to visit United Kingdom on economic development trip

June 26, 2014
Associated Press
Indiana Gov. Mike Pence is leading a group of business and community leaders on a jobs mission to the United Kingdom next month.
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Airport in talks with user for 149-acre site

June 26, 2014
Kathleen McLaughlin
A deal to lease most of the land has momentum, according to an Indianapolis International Airport official. The city had been eying the parcel for its criminal justice complex.
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