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News & Analysis
Emmis earnings signal improving radio business
May 8, 2013
IBJ StaffEmmis Communications Corp. turned a profit in its latest fiscal quarter, rebounding from a big loss in the same period of
the previous year.
MoreIndiana governor signs $30B state budget into law
May 8, 2013
Associated PressGov. Mike Pence praised Indiana's new two-year, $30 billion budget for its tax-relief measures and other provisions as incentives
that would lure new investment and jobs to the state.
MorePacers vs. Knicks almost sold out as ticket demand soars
May 8, 2013
Anthony SchoettleThe team plans to provide gold t-shirts for all in attendance for Saturday's game, which tips off at 8 p.m. Ticket packages
for next season are selling as local enthusiasm builds.
MorePence vetoes license bills for dietitians, others
May 8, 2013
Associated PressIndiana Gov. Mike Pence has vetoed his first legislation since taking office in January, rejecting two bills with new licensing
requirements.
MoreWarner Transitional Services to close, lay off 112
May 8, 2013
IBJ StaffWarner relies on funds from the Indiana Family and Social Administration, but the FSSA recently decided to end that funding
after numerous complaints against the company went unresolved.
MoreCircle Centre hanging in despite anchor vacancy
May 8, 2013
Scott OlsonThe downtown mall last year saw its sales per square foot increase to $354, a 5.3-percent increase from 2011, according to
an annual operating report it provides to the city. But non-anchor occupancy slipped below 90 percent.
MoreWoof Boom to acquire 6 area radio stations
May 8, 2013
Mason KingAn Indianapolis investor group headed by longtime local radio broadcaster and executive Jerry Chapman will take over operations
at the stations, including three in Muncie, on June 1.
MoreIndiana's honey bee colonies see 30-percent drop
May 8, 2013
Associated PressIndiana's honey bee populations are taking a hit from a mysterious disorder that's devastating bee colonies across
the nation.
MoreSubaru to invest $400M in Lafayette plant, hire 900
May 8, 2013
IBJ Staff, Associated PressThe Japanese car maker already employs about 3,600 people at the plant and builds the Legacy and Outback cars and the Tribeca
SUV. With the new investment, it will boost capacity by 100,000 cars and begin making the Impreza.
MorePence readies 1st vetoes as Indiana governor
May 8, 2013
Associated PressPence has expressed concern with a measure shifting power from the Indianapolis City-County Council to Mayor Greg Ballard
and with a plan for a $100 million loan to the Indianapolis Motor Speedway.
MoreHamilton County voters approve school referendums
May 7, 2013
IBJ StaffA $95 million expansion of Fishers and Hamilton Southeastern high schools, and a $28 million project to expand Noblesville
High School were approved by voters Tuesday.
MoreReview finds no conflict in state's deal with Mainstreet
May 7, 2013
IBJ Staff and Associated PressGov. Mike Pence asked the Indiana Economic Development Corp. in early April to review its decision to grant $345,000 in performance-based
economic incentives to Mainstreet Property Group LLC, a company started by a top Republican lawmaker and his son.
MoreSubaru planning major expansion in Indiana
May 7, 2013
IBJ Staff and Associated PressSubaru plans to expand its Lafayette factory and add hundreds of workers to build the Impreza small car there, a source briefed
on the matter says.
MoreInteractive Intelligence shares soar after forecast upgrade
May 7, 2013
Dan HumanThe tech firm's shifting emphasis toward cloud services has boosted sales and profits. Strong results for the first quarter
lifted its stock as much as 20 percent Tuesday.
MorePence signs sentencing, IEDC-transparency bills
May 7, 2013
Associated PressIndiana Gov. Mike Pence signed three bills into law Tuesday, one involving government transparency in economic development
deals, one related to school safety and another overhauling criminal sentencing.
MoreCentral Indiana county not blocking wind farm plans
May 7, 2013
Associated PressDelaware County commissioners decided Monday that they won't take immediate action on a moratorium to block a proposed wind
farm.
MoreGovernor taps ex-WellPoint CEO Braly for IEDC board
May 7, 2013
J.K. WallThe appointment is the first high-profile post that Braly, 51, has accepted since she was ousted from the top spot at the
Indianapolis-based health insurer in August.
MoreArt imitates life in commercial based on Kosene family
May 7, 2013
Chris O'MalleyFormer Indianapolis filmmaker Alex Kosene bases the story in a local advertising shoot for a Swiss watchmaker on his relationship
with his developer dad.
MoreBrowning exec Dye joining The Whitsett Group
May 7, 2013
Scott OlsonDennis Dye will become a partner at Whitsett, a prolific developer of affordable housing. He has served two stints at Browning
totaling about 20 years.
MoreIndiana farmers still far behind planting corn crop
May 7, 2013
Associated PressThe federal government's weekly crop report says 8 percent of the Indiana corn crop was planted as of Sunday, well behind
the 82 percent planted by the same time last year.
MoreIndiana firms lose ground on Fortune 500 list
May 7, 2013
Mason KingFive of the six Hoosier firms that appear in the 2013 rankings slipped from their positions in last year's list of the largest
U.S. companies.
MoreInteractive Intelligence sees higher profit on more orders
May 6, 2013
IBJ StaffInteractive Intelligence Group Inc. saw earnings jump to $1.46 million in the first quarter as sales orders rose 31 percent.
MoreJudge grants class status to lawsuit against BMV
May 6, 2013
Associated PressAs many as 4 million Indiana drivers could become plaintiffs in a lawsuit alleging the Indiana Bureau of Motor Vehicles has
overcharged for driver's licenses since 2007.
MoreLilly CEO to step down temporarily due to surgery
May 6, 2013
J.K. WallJohn Lechleiter has been suffering from a dilated aorta, Eli Lilly and Co. said Monday. Current CFO Derica Rice will take
his place until later this summer.
MoreBiosciences institute aims for $300M endowment
May 6, 2013
J.K. WallThe effort to launch the Indiana Biosciences Research Institute got $25 million from the Legislature, but the life sciences
institutions backing the effort have set their funding sights much higher.
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If a television station wants to improve viewership, get rid of the local blackout. I was born by the brickyard, and have attended 15 or more races. I have children now, I won't attend unless circumstances are perfect. As those with growing families know, they never are. I'm always impressed that upwards of 250,000 people attend the 500. However, as a growing, or, more apt, sprawling city, Indianapolis and its immediate suburbs count almost 2.2 million. Show the race live, let the venue get a kick-back on revenues, and open-wheel racing might have a fighting chance to be relevant again. Just in time for those tax-payer lights to make sense.
John Moore, I too have had the same issue recently. A property next to my house was on the Land Bank and I was interested in purchasing. When I tried to contact Reggie, I got back emails that had nothing to do with what I asked about. Actually my latest response from him was on this past Friday. I had asked about how to buy the property and if it was still available. His response to me was to contact the mayor's office to get the schedule of his appearances. (???) Hopefully the city is able to do something to fix what this guy has done, it would be nice if they would take the properties back and sell them properly so land owners like me and you mother would have a fair chance.
I too work in the industry, with over 25 years of experience and your political spin has probably nothing to do with any rebranding. "Let's dress it up" would have nothing to do with the government "telling us how and what to eat." Give it a political rest. And being a producer for a radio show doesn't mean you've been involved in advertising and branding for 30 years.
Ms. Morris did not understand the ways of the business world, otherwise, like the IMS, she could have petitioned the State Legislature for a handout of State Funds for her charity work. Ms. Morris should consider becoming a state lobbyist for Lemonade Stand Operators.
David Copperfield!