News & Analysis

Indiana panel's proposal would expand net metering

September 7, 2010
Associated Press
The draft net metering rule would boost the state's power cap for renewable power units and expand it to all customer classes served by electric utilities.
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Indiana casino commission: Staffer hid complaints

September 7, 2010
Associated Press
The commission found the misconduct after an internal review about why 56 of 154 complaints made against the casinos during 2009 had gone unanswered.
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Liquor board OKs permit for City Market beer sales

September 7, 2010
Francesca Jarosz
The Marion County Alcoholic Beverage Board voted to approve a carryout liquor license for the historic downtown site. The permit will allow the Indiana Brewers Guild to open a bar featuring local craft beers.
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Auto auction's new owner calls first event a success

September 7, 2010
Associated Press
Auctions America by RM, which bought the former Kruse Auction Park in Auburn two months ago, said more than 25,000 people attended this past weekend's event, during which sales topped $13 million.
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CEO says Lilly still not interested in huge acquisitions

September 7, 2010
 IBJ Staff and Bloomberg News
Lilly remains disinterested in making big acquisitions and aims to rely on the company’s own pipeline, CEO John Lechleiter said Tuesday, re-emphasizing a strategy he has outlined several times in the past year.
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Colts favored to win Super Bowl by Vegas oddsmakers

September 7, 2010
Bloomberg News
The Colts enter the regular season with 13-2 odds of capturing their second National Football League title in five years, according to Las Vegas Sports Consultants, which advises Nevada's sports books on betting lines.
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Business bank reports second-quarter loss

September 7, 2010
Indiana Business Bank's restructuring of a real estate loan leads to loss of $484,678 in the second quarter.
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Leader of local CB Richard Ellis office leaves to work for family business

September 7, 2010
Tom Harton
David Reed is leaving to work for WisselReed Relocations, an Atlas Van Lines moving and storage franchise he started with his brother-in-law, David Wissel, in 2007.
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Control of House key issue as election season revs up

September 7, 2010
Mary Dieter
One hundred Indiana House seats are on the ballot—though many fewer are competitive—but their outcomes may affect the state well beyond the two-year terms that the candidates seek.
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Indiana farm income expected to jump 20 percent

September 4, 2010
Associated Press
Indiana farmers can thank weather problems around the world and a recession at home for an expected jump in their income this year.
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A&E PREVIEW: Dozens of events that should be high on your priority list

September 4, 2010
Lou Harry
From Mary Poppins to Tyler Perry, and from Liza to the Leisure Kings, there’s a lot to fill up your A&E calendar. Get your planners out and start circling dates. Here are some of my early must-do front-runners.
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Talking Points: What's the buzz on the Palladium, the opera and more?Restricted Content

September 4, 2010
Kathleen McLaughlin
IBJ's annual rundown of issues the A&E world will be obsessing about this year.
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Concert promoters take center stageRestricted Content

September 4, 2010
Marc D. Allan
Meet the people who make music events happen in Indianapolis.
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Facebook, others try to cut in on ChaCha's answer service

September 4, 2010
Chris O'Malley
Tech entrepreneur Scott Jones says the accuracy of his company's answers will set ChaCha apart from its social-media rivals.
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Law firm says ex-Conseco director shorted it on feesRestricted Content

September 4, 2010
J.K. Wall
The last man to settle with with the Carmel insurer over unpaid debt now is now being sued for not paying his legal bill.
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Traffic-signal maker flashing red over Indianapolis contractRestricted Content

September 4, 2010
Chris O'Malley
Domestic vendor who thought "buy American" provision would help it win contract loses out to Taiwanese supplier.
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Insurance seller chases music dreams with jazz labelRestricted Content

September 4, 2010
Kathleen McLaughlin
Al Hall started Owl Studios in 2005 to promote local musicians and has expanded its roster of performers to 16.
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Lauth revival hinges on judge approving settlementRestricted Content

September 4, 2010
Cory Schouten
The deal with financial backer Inland American Real Estate Trust would leave Lauth Group with fewer properties but a more manageable debt load.
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Dakich finds growing popularity as broadcasterRestricted Content

September 4, 2010
Anthony Schoettle
Former IU basketball player and coach Dan Dakich is one of the hottest sports broadcasters in the Midwest, and he’s about to take his act national.
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Sun Capital's cuts spark union drive at Marsh Supermarkets

September 4, 2010
Kathleen McLaughlin
Workers at the Beech Grove grocery will vote Sept. 17. The United Food and Commercial Workers would have to prevail in votes at all locations to provide representation for the entire chain.
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IU football gains ground as sports program nears financial crossroads

September 4, 2010
Anthony Schoettle
Under Athletic Director Fred Glass, attendance and optimism are on the rise at Indiana University. Soon, he'll have to decide whether spending millions more on Indiana football is worth the risk.
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Indiana's August revenue jumps 8.4 percent from year ago

September 3, 2010
Associated Press
The state Budget Agency reported Friday that Indiana collected $938 million in August. That's $51 million above the most recent forecast, but still $2 million less than projected in the budget lawmakers passed in early 2009.
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Estridge drops Westfield sports complex, still plans stadium

September 3, 2010
Scott Olson, Cory Schouten
The Estridge Cos. has withdrawn a proposal to build a massive youth sports complex in its master-planned Symphony development in Westfield.
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Van Rooy buys Greenwood apartment complex

September 3, 2010
Indianapolis-based company purchases 438-unit Westminster Apartments from court-appointed receiver. The listing price of the property was $8.2 million.
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EnerDel parent lines up more financing

September 3, 2010
Kathleen McLaughlin
The parent company of lithium-ion battery maker EnerDel Inc. has raised another $65 million to help finance operations and ramp up its manufacturing operations in the Indianapolis area.
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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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