News & Analysis

Some laid-off workers qualify for lucrative benefitsRestricted Content

June 15, 2009
Kathleen McLaughlin
A little-known federal program provides support for retraining to workers whose employers were hurt by foreign trade. The Trade Adjustment Assistance Act also offers income replacement and health insurance benefits.
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Grads, career-changers surge into teachingRestricted Content

June 8, 2009
J.K. Wall
Folks from all sorts of professions are trying on teaching, to survive the recession or to give back to the community. Or both.
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Cultural Trail spurs development plan along Virginia AvenueRestricted Content

June 8, 2009
Cory Schouten
A local architecture firm hopes to challenge hip Mass Ave with an arts-themed development in Fletcher Place. The $9 million project would include apartments, retail and office space.
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Not-for-profits use electronic technology to raise fundsRestricted Content

June 8, 2009
Kathleen McLaughlin
Fund raising via video e-mailing gets attention, but the jury is still out on its return on cost.
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Newcomer Franklin University could create marketing mix-up for Franklin CollegeRestricted Content

June 8, 2009
J.K. Wall
Ohio-based Franklin University's move into the Indianapolis market sets up the potential for significant name confusion with Franklin College, the liberal arts school 30 minutes south of Indianapolis.
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Spanish-language news program finds home after cancellationRestricted Content

June 8, 2009
Scott Olson
The familiar face of a local Hispanic television newscast is back on the air, less than six months after the parent of WISH-TV Channel 8 pulled the plug on him.
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State audit findings sting WestfieldRestricted Content

June 8, 2009
Cory Schouten
Westfield's mayor says the city's rapid growth and small staff are to blame for accounting problems raised in a State Board of Accounts audit.
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Vacant dealerships join already rocky real estate marketRestricted Content

June 8, 2009
Tom Harton
The owners of car dealerships slated for closure by Chrysler and General Motors face a tough environment for unloading their real estate, but an expected onslaught of such properties has at least one company preparing to grab a slice of the business.
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Marketing employees open own computer-generated motion graphics businessRestricted Content

June 8, 2009
Chris O\'malley
The three principals of The Basement Design and Motion left another firm to set their own course in the world of Web convergence marketing.
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Retirement plans changing as employers cut costs, workers crave stabilityRestricted Content

June 8, 2009
J.K. Wall
Last fall's Wall Street meltdown, which erased half the value of some 401(k) retirement plans, has both employers and employees re-examining what to expect long term.
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Unprecedented economic forecast revision will frame special sessionRestricted Content

June 1, 2009
Peter Schnitzler
With the help of outside economists, Indiana government undergoes an economic forecast every other yearâ??a process that's taken on increased importance this spring, as Gov. Mitch Daniels and the Legislature attempt to craft a two-year budget amid the deepest recession since the early 1980s.
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Experts doubt Indianapolis can lure huge conventionsRestricted Content

June 1, 2009
Scott Olson
Indianapolis already hosts three of the top 200 conventions in the country. But additional meeting space coming online late next year could help the city double the number.
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Outlying counties, tired of waiting for Indianapolis convention spillover, set own strategiesRestricted Content

June 1, 2009
Anthony Schoettle
Some industry insiders worry that, while Indianapolis is busy chasing bigger conventions, adjoining counties may raid the cupboard made plentiful by investments within Marion County, particularly downtown.
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Carmel Community Players retools after lost grant; group facing $75,000 debt, loss of longtime venueRestricted Content

June 1, 2009
Kim Puckett
Cash-strapped theater group Carmel Community Players has nixed its summer musical, canceled its Summer Camp for Kids, and pulled out of Carmelfest 2009 after being denied the public funding it has received for years.
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Irvington rolls out $1.2 million promotional campaignRestricted Content

June 1, 2009
Anthony Schoettle
In the midst of a $1.2 million campaign to upgrade streets, sidewalks and other neighborhood infrastructure, a coalition of Irvington businesses and residents is launching a unique marketing campaign to tout the neighborhood's recent enhancements and position it as an alternative to places such as Carmel, Zionsville, Geist and Noblesville.
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Indiana logs more complaints against collectors as pressure mounts to make debtors pay upRestricted Content

June 1, 2009
Sam Stall
A lot of people owe money these days, and some of the agencies hired to pursue them are resorting to old- school tactics to collect. Things like calling at all hours, threatening to have debtors jailed or fired, or employing abusive language.
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Gregg landing in prime spots abandoned by failed retailers Circuit City, Linens & ThingsRestricted Content

June 1, 2009
Cory Schouten
Electronics retailer HHGregg Inc. has snapped up at least a dozen former Circuit City and Linens & Things locations in six states and is eyeing more of the empty big boxes in an opportunistic move toward expansion.
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Transit, sustainable development likely to be themes in rescue of near-north neighborhoodRestricted Content

June 1, 2009
Chris O'Malley
Local leaders and, soon, a national team of experts, are quietly developing a strategy to revitalize Marion County's biggest concentration of brownfield sites and impoverished urban neighborhoods, centered at East 22nd Street and the Monon Trail.
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Indianapolis outpaces Cincinnati in many convention measuresRestricted Content

June 1, 2009

In this Quick Hits look at a competing convention city, Cincinnati boasts more convention space, but Indianapolis draws more guests.

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Arts Council faces grants-divvying dilemmaRestricted Content

June 1, 2009
Kathleen McLaughlin
The Arts Council of Indianapolis faces the unenviable task of divvying up less than $1 million in city grants for the arts, compared with $2.15 million that was awarded last year.
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Heartland Distillers joins mini-boom in artisan spirit-makingRestricted Content

June 1, 2009
Kim Puckett
Since January, Heartland Distillers has turned out several small batches of its first signature spirit—Indiana Vodka—available at about 300 area retailers.
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Express Scripts closer to $4.7B WellPoint deal

May 28, 2009
 IBJ Staff and Associated Press
Express Scripts Inc. has cleared an antitrust review for its planned purchase of Indianapolis-based WellPoint Inc.'s pharmacy benefits management business, bringing the $4.7 billion deal closer to completion.
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Churches look for ways to pay off construction projects planned before recession took toll on collection platesRestricted Content

May 25, 2009
Kathleen McLaughlin
In Indianapolis and around the country, congregations that expanded before the recession are now taking drastic measures, including budget cuts that have resulted in layoffs, salary reductions and giving less to charities.
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Led by educators instead of investment specialists, state teachers fund fell into $67M holeRestricted Content

May 25, 2009
J.K. Wall
The people overseeing the Indiana State Teachers Association Insurance Trust had no background in investments or insurance, likely leaving them ill-equipped to grasp the ever-larger amounts of complicated investments the trust was buying.
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Lauth granted reprieveRestricted Content

May 25, 2009
Cory Schouten
A judge has given Lauth Group Inc. a reprieve from an equity investor that is seeking to take control of most of the developer's properties.
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  1. In my opinion the estridge companies are crooks. They filed bankruptcy on their 'track housing' side of the business two weeks before they closed on one of my clients' homes. When my client first interviewed Estridge as a builder 6 months before, they specifically ASKED about the solvency of their business, knowing that some builders were struggling. Estridge truly misrepresented their financial situation at that time. I suppose I am more unhappy with the whole system than I am with the builder because what the heck==you can file bankruptcy on 'track homes' but still keep building and make money off of 'custom built' homes??? How ridiculous! They are all homes. How can a company be allowed to bilk thousands of dollars from their subcontractors but still be allowed to build houses?? they should have been made to pay back all their unpaid contractors before being allowed to profit from building any more houses! This alone makes them and the system crooks in my eyes. I would never build an estridge home and I would not recommend for my clients either. If they were truly 'bankrupt' how could they afford to keep building homes anyway??? The whole system needs fixed.

  2. I live a couple blocks east of the Angie's campus and my house is assessed for ~$160,000. If I could get that amount, let alone $384,000 (a 140% bonus), I'd sell in a minute. Either Angie's stockholders just got fleeced, or Angie's is getting about a 58% discount on their property taxes, if these properties are actually worth what they paid Mr. Oesterle for them. Which do you think is the case?

  3. Perhaps the IMA board is really to blame! They agreed to hire Charles. They can't seemingly find donors among themselves, or bring in new blood that will support the museums operating budget with an expanded museum and money to provide curators with something to do (ie buy art). The headlines of disarray at the museum and mass firings are hurting the reputation of the museum for some time to come. If people on the board had misgivings, perhaps they shpuld have more forcefully opposed efforts that they have seemingly been unable to fund, like expansion and the costs it has created!

  4. See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.

  5. I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.

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