News & Analysis

Indianapolis customers line up for Verizon iPhone

February 10, 2011
Sean Morrison
Customers waiting outside the Verizon Wireless store in Castleton early Thursday wanted two things: iPhones and warmth.
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Local home sales fall again

February 10, 2011
 IBJ Staff
Home-sale agreements in the nine-county central Indiana region fell 12.2 percent in January compared to the same month in 2010, the ninth straight month in which year-over-year sales slumped locally.
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Keystone Towers heading toward demolition, city says

February 10, 2011
 IBJ Staff and Associated Press
An Indianapolis Department of Metropolitan Development official says the city has plans to tear down the abandoned 15-story Keystone Towers complex at Allisonville Road and Fall Creek Parkway and seek proposals for redevelopment.
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Labor board seeks rehiring of fired pro-union store worker

February 9, 2011
Associated Press
The National Labor Relations Board has asked a federal judge to order Fishers-based Marsh Supermarkets to rehire a pro-union worker whom the company fired.
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Lawmakers start work on teacher merit pay bill

February 9, 2011
Associated Press
Indiana lawmakers have started work on one of the more controversial aspects of Gov. Mitch Daniels' sweeping education agenda: a plan to tie teacher pay to student performance.
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Indiana panel OKs early-graduation scholarship

February 9, 2011
Associated Press
A proposal to give Indiana high school seniors a $3,500 college scholarship if they graduate a year early has cleared its first legislative hurdle.
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Panel backs Indiana immigration crackdown bill

February 9, 2011
Associated Press
An Indiana Senate committee approved a bill Wednesday night that its sponsor says would lead to an Arizona-style crackdown on illegal immigration in the state.
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Micronutrients planning expansion, 44 new jobs

February 9, 2011
The Indianapolis-based manufacturer of animal trace nutrients plans to break ground this month on a new plant, which will be located next to its existing production facility and headquarters on the city's west side.
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Health insurers expect hit from reform rule

February 9, 2011
Associated Press
Major health insurers, including WellPoint, say a provision that requires them to spend a certain percentage of the premiums they collect on care-related costs will eat into earnings this year.
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Arcadia reports smaller loss on increased revenue

February 9, 2011
The Indianapolis-based health care company lost $2.3 million on revenue of $26.2 million in its third fiscal quarter.
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Entrepreneurs plan microbrewery for Fountain Square

February 9, 2011
Kathleen McLaughlin
A group of entrepreneurs plans to open Fountain Square Brewing Co., possibly this summer, in a former carburetor-repair shop.
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LEADING QUESTIONS: Abdul airs take on punditry, influence

February 9, 2011
Mason King
Shabazz_WatchVideoHow is talk-radio host Abdul-Hakim Shabazz like the Wizard of Oz? Were his barbs about an IPS official "over the top"? Does he really have the governor's ear? He's taking your calls.
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BSU, IU plan to play football at Lucas Oil Stadium

February 9, 2011
Ball State University has signed a contract to move its Sept. 3 football season-opener against Indiana University from Muncie to Indianapolis.
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'Clean energy financing districts' face tough sell at Statehouse

February 9, 2011
Chris O'Malley
Districts would finance solar panels and other clean-energy projects through special tax levies on participating properties.
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Anderson superintendent proposes closing Wigwam

February 9, 2011
Associated Press
The Wigwam at Anderson High School is the second-largest high school gymnasium in the world, second only to the Fieldhouse in New Castle.
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AT&T planning upgrades to city wireless network

February 9, 2011
Improvements, which include nine new cell towers and more Wi-Fi coverage, are expected to be made before Indianapolis hosts next year's Super Bowl.
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Nuclear power bill at statehouse conjures up ghosts

February 9, 2011
Chris O'Malley
A controversial bill in the Indiana Senate would make it easier for utilities to quickly bill ratepayers for proposed nuclear and other clean-energy projects.
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Recent successes don't change Lilly's outlook

February 9, 2011
J.K. Wall
Eli Lilly and Co. can be credited with using acquisitions to unclog its product pipeline. It launched two drugs in the past 18 months, won market approval for a third and will likely get nods for two more drugs this year. Trouble is, they all have paltry sales prospects.
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Daniels leads guvs' health-care revolt

February 9, 2011
J.K. Wall
Boy does Gov. Mitch Daniels have an ultimatum for President Obama: Wave off the health reform law or else I’ll do nothing to help while it wreaks havoc on Hoosier citizens.
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Defense contractor Gryphon plans Bloomington expansion

February 9, 2011
 IBJ Staff
Maryland-based  defense contractor Gryphon Technologies plans to expand its operations in Bloomington, creating as many as 60 jobs by 2013.
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Want to confess your sins? There's an app for that

February 9, 2011
Bloomberg News
A South Bend firm has a bishop's go-ahead to publish a $1.99 iPhone application to help Catholics through the process of confession.
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Indiana teachers rally against GOP education plan

February 8, 2011
Associated Press
More than 1,000 Indiana teachers swarmed the Indiana Statehouse Tuesday for a rowdy rally denouncing the sweeping education proposals moving through the Republican-dominated state House and Senate.
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House passes bill to expand charter schools

February 8, 2011
Associated Press
The House approved the proposal Tuesday on a 59-37 mostly party-line vote following hours of debate. Republicans say the bill would mean more options for families, while Democrats contend that it will erode funding for traditional schools.
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Lawmakers eye cutting corporate taxes

February 8, 2011
Associated Press
Legislators are moving ahead with a plan to cut Indiana's corporate income tax by about 40 percent while holding off on phasing out the state inheritance tax.
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Masco closing local printing division; 67 to lose jobs

February 8, 2011
 IBJ Staff
Masco Support Services, which operates from a 125,000-square-foot warehouse at 300 S. Carroll Road on the city’s far-east side, will begin phasing out operations on April 8.
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  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

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