News & Analysis

TechPoint unveiling ‘measured marketing’ campaign

September 21, 2010
Scott Olson
The initiative will promote the advantages of doing business in Indiana to attract more "measured marketers." They are companies such as ExactTarget and Aprimo Inc. that provide a platform for marketing via e-mail, social media and other technologies.
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Indiana’s unemployment rate remains flat

September 21, 2010
The state's jobless rate in August remained unchanged from the previous month's figure of 10.2 percent. The loss of seasonal government and manufacturing jobs offset the addition of 3,000 private-sector jobs.
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Structural shakeup means changes at EnerDel

September 21, 2010
Kathleen McLaughlin
Ener1 Inc., the parent company of local advanced-battery maker EnerDel, has reorganized its corporate structure and shuffled management ranks.
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Hoosier Lottery moving to Meridian Street building

September 21, 2010
Tom Harton
The lottery will move in January to the Buick, a 60,000-square-foot building at 13th and Meridian streets owned by principals of Shiel Sexton Construction.
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Home construction jumps nationally

September 21, 2010
Associated Press
Housing starts are up 25 percent from their bottom in April 2009. But they remain 74 percent below their peak in January 2006.
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Angie's List snags $22.5 million investment

September 20, 2010
The Indianapolis-based consumer review and rating service said it will use the investment to expand its health and wellness consumer review product, as well as its coupon program, "The Big Deal."
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ChaCha may drop T-Mobile over planned fee

September 20, 2010
Scott Olson
Wireless carrier plans to begin charging a new one-quarter of 1 cent fee on text messages. In response, ChaCha CEO Scott Jones says his company will drop the wireless carrier from its answer service.
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Harding Dahm drops Grubb & Ellis, strikes merger deal

September 20, 2010
 IBJ Staff
Harding Dahm & Co., which ranked sixth on IBJ’s most recent list of commercial brokerages,  will become Lee & Associates Indianapolis. Terms of the deal were not disclosed.
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Subaru of Indiana adds to permanent work force

September 20, 2010
Kathleen McLaughlin
Subaru expects higher production volumes at its Lafayette plant to last well into the future and it is converting 100 temporary positions to permanent status.
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Indianapolis lands large environmental trade show

September 20, 2010
The Pump & Cleaner Environmental Expo will be held in Indianapolis each year in February from 2012 to 2014. It is expected to attract more than 12,000 visitors annually and generate an estimated $24 million in spending over the three-year stretch.
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Republic Airways CEO going 'Undercover'

September 20, 2010
 IBJ Staff
Bryan Bedford, CEO, president and chairman of Indianapolis-based Republic Airways, will appear in an episode of "Undercover Boss" this season, CBS-TV announced.
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Incoming NCAA chief already making major changes

September 18, 2010
Anthony Schoettle
Mark Emmert, who takes over the NCAA next month, already has removed three high-level executives, met with NBA Commissioner David Stern about changing basketball eligibility rules, and sent signals he will take a hard line against cheating.
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City's parking deal similar to much-maligned Chicago pact

September 18, 2010
Francesca Jarosz
Officials promoting a 50-year lease of Indianapolis' parking meters have taken pains to point out the differences between their proposal and a controversial 75-year parking meter lease in Chicago. But a close look at both contracts shows Indianapolis' pact largely uses the Chicago template.
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Debating where to turn as Bush tax cuts near expiration

September 18, 2010
Scott Olson
With a deadline looming, supporters and detractors debate extending tax cuts signed by former president George W. Bush.
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Owners enjoy Melody Inn's niche as well-worn music venue

September 18, 2010
Marc D. Allan
Since Melody Inn owners Dave Brown and Rob Ondrish bought the 38th and Illinois streets mainstay in 2001, they figure more than 7,000 bands have played on the 18-inch-high stage tucked just inside their front door.
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Business school expands investment theme for studentsRestricted Content

September 18, 2010
Norm Heikens
Grant will give Indiana University undergrads a shot at managing real money.
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IU hits license jackpot; Purdue royalties surgeRestricted Content

September 18, 2010
Chris O'Malley
Indiana University had a license or two to print money from the commercialization of its technology over the last year—and did it ever. While Purdue University didn’t collect as much in royalties from commercialization, it pulled down record levels of research grants.
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IPL identifies locations for electric car charging stationsRestricted Content

September 18, 2010
Chris O'Malley
The utility plans an aggressive rollout of charging stations with the imminent arrival of electric cars, such as the Nissan Leaf, due in showrooms this December.
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Warsaw bank jumps into Hamilton County frayRestricted Content

September 18, 2010
Francesca Jarosz
Lake City Bank dipped its toe in the Indianapolis market in 2006 with a loan-production office and now has bigger ambitions.
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Local United Way eyes broader donor base

September 18, 2010
Kathleen McLaughlin
After losing more than 6,000 donors in a single year, the United Way of Central Indiana is making its first concerted effort to reach people outside their workplaces.
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Alliance aims to boost adult learning in Hancock CountyRestricted Content

September 18, 2010
Kathleen McLaughlin
Three separate colleges will hold classes in Hancock County—if a business-led education alliance can finance the space. The Hancock Community Education Alliance has lined up a vacant retail building on State Road 9 in hopes that Ball State, Purdue and Vincennes universities can offer classes next spring.
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JPMorgan Chase sues to foreclose on Durham mansion

September 17, 2010
Greg Andrews
The bank says Durham stopped making the required $18,329 monthly payments on the 30-year mortgage this spring.
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Fried chicken franchises, Argentine eatery call it quits

September 17, 2010
Scott Olson
Five Popeyes restaurants in Indianapolis owned by one franchisee close down, as does downtown eatery Taste of Tango.
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Daniels picks Boone County judge for Supreme Court

September 17, 2010
 IBJ Staff and Associated Press
Gov. Mitch Daniels has appointed Boone Circuit Court Judge Steven David to the Indiana Supreme Court.
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Franklin calls off deal to land brewery plant

September 17, 2010
Kathleen McLaughlin
The Franklin Redevelopment Commission decided Thursday to call off the deal because TailGate Beer of San Diego failed to respond to a deadline to provide detailed financial information.
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  1. I am a Lyft driver who is a licensed CDL professional driver. ALL Lyft drivers take pride in providing quality service to the Indianapolis and surrounding areas, and we take the safety of our passengers and the public seriously.(passengers are required to put seat belts on when they get in our cars) We do go through background checks, driving records are checked as are the personal cars we drive, (these are OUR private cars we use) Unlike taxi cabs and their drivers Lyft (and yes Uber) provide passengers with a clean car inside and out, a friendly and courteous driver, and who is dressed appropriately and is groomed appropriately. I go so far as to offer mints, candy and/or small bottle of water to the my customers. It's a mutual respect between driver and passenger. With Best Regards

  2. to be the big fish in the little pond of IRL midwest racin' when yer up against Racin' Gardner

  3. In the first sentance "As a resident of one of these new Carmel Apartments the issue the local governments need to discuss are build quality & price." need a way to edit

  4. As a resident of one of these new Carmel Apartments the issue the local governments need to discuss is build quality & price. First none of these places is worth $1100 for a one bedroom. Downtown Carmel or Keystone at the Crossing in Indy. It doesn't matter. All require you to get in your car to get just about anywhere you need to go. I'm in one of the Carmel apartments now where after just 2.5 short years one of the kitchen cabinet doors is crooked and lawn and property maintenance seems to be lacking my old Indianapolis apartment which cost $300 less. This is one of the new star apartments. As they keep building throughout the area "deals" will start popping up creating shoppers. If your property is falling apart after year 3 what will it look like after year 5 or 10??? Why would one stay here if they could move to a new Broad Ripple in 2 to 3 years or another part of the Far Northside?? The complexes aren't going to let the "poor" move in without local permission so that's not that problem, but it the occupancy rate drops suddenly because the "Young" people moved back to Indy then look out.

  5. Why are you so concerned about Ace hardware? I don't understand why anyone goes there! Every time ive gone in the past, they don't have what I need and I end up going to the big box stores. I understand the service aspect and that they try to be helpful but if they are going to survive I think they might need to carry more specialty parts.

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