News & Analysis

Dramatic rehiring as IRT fills Stolen spot

May 31, 2013
Lou Harry
Suzanne Sweeney has decided to stay at the Indiana Repertory Theatre as managing director, a few days before she was supposed to start a new job at the Indianapolis Symphony Orchestra.
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Judge: Indiana improperly revoked gay group's license

May 31, 2013
Associated Press
The ruling Tuesday from BMV administrative judge Melissa Reynolds says the Indiana Youth Group did violate Indiana law and its contract, but the violation didn't warrant immediate revocation of the plate.
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Wind farm opponents hope for 2-year decision delay

May 31, 2013
Associated Press
Muncie and Delaware County plan commission chairman Tom Green urged county officials on Thursday to study the impact of existing Indiana wind farms for at least two years before deciding how to regulate them in Delaware County.
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BrightPoint operations move HQ amid parent's reorganization

May 31, 2013
Dan Human
Ingram Micro has reorganized all of its divisions and laid off 120 people worldwide, according to an SEC filing. Firm officials have declined to comment on employment for the former BrightPoint operations in central Indiana.
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Ball State proposing 2-percent tuition increase

May 31, 2013
Associated Press
The proposed increase will make Ball State's in-state tuition nearly $9,200 for 2013-14 and about $9,300 the following year.
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Mainstreet plans $9.2M nursing home on northwest side

May 31, 2013
Kathleen McLaughlin
The 65,000-square-foot nursing-home and assisted-living facility would feature an Internet cafe, movie theaters and restaurant-style dining with an on-site chef.
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FedEx seeks to build $34M distribution hub at Ameriplex

May 31, 2013
Kathleen McLaughlin
FedEx is looking to nearly double the size of its SmartPost distribution operations on the city's southwest side by building a bigger hub at the Ameriplex Indianapolis business park.
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Hank FM lassoes ratings crown from rival WFMS

May 31, 2013
Chris O'Malley
WLHK-FM 97.1 “Hank FM" has put a backwoods butt-whupping on country rival WFMS-FM 95.5 to take the No. 1 spot in the metro Indianapolis radio market.
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Average household far from regaining wealth, study says

May 31, 2013
Associated Press
The average U.S. household has regained less than half the wealth it lost to the Great Recession, a report released Thursday by the Federal Reserve Bank of St. Louis concluded.
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Indiana moving business-filing reminders online

May 31, 2013
Associated Press
Indiana Secretary of State Connie Lawson is moving away from paper to email for reminders to Indiana businesses to file their annual reports with the state.
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Indiana voucher program returns $5M to public schools

May 30, 2013
Associated Press
The Indiana Department of Education announced Wednesday that $5 million is owed the state's schools because of savings achieved through school vouchers.
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Paterno family sues NCAA over Penn State’s Sandusky fine

May 30, 2013
Bloomberg News
In a complaint filed Thursday, the family of the deceased coach and five members of the school’s board of trustees said the Indianapolis-based NCAA improperly interfered and grossly mishandled a criminal matter outside the scope of its authority.
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IRT's Stolen to exit in swell of arts group departures

May 30, 2013
Lou Harry
Managing Director Steven Stolen will leave the repertory theater for a position with Rocketship Education. Other local performing arts executives stepping down are John Pickett of the Indianapolis Opera and Kirk Trevor of the Indianapolis Chamber Orchestra.
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Sallie Mae expects split to have 'limited' effect in Indiana

May 30, 2013
 IBJ Staff and Bloomberg News
The student lender wants to separate its education loan management and consumer bank businesses into two publicly traded entities. The firm is a major employer in Indiana, with more than 2,600 employees at offices in Indianapolis, Fishers and Muncie.
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Endowment assets soar $1.2B as Lilly shares climb

May 30, 2013
Andrea Muirragui Davis
Lilly Endowment awarded $230 million in 2012, mostly to Indiana groups. Its fortunes still are largely tied to the value of Eli Lilly and Co. stock, despite an effort to diversify the private foundation's holdings.
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U.S. claims for unemployment benefits rise modestly

May 30, 2013
Associated Press
The Labor Department said the four-week average of Americans seeking unemployment aid inched up to 347,250, a third straight increase.
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Indiana farmers make rapid progress planting corn

May 30, 2013
Associated Press
Indiana farmers who had worried that wet spring weather would prevent them from planting some of their corn fields are now ahead of schedule at getting the state's top crop in the ground.
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New institute aims to attract 100 research scientists to Indiana

May 30, 2013
J.K. Wall
The $360 million initiative will be formally launched on Thursday by Gov. Mike Pence, executives of five major life sciences companies and officials of the state’s research universities.
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Outside review sought for Indiana exam results

May 29, 2013
Associated Press
Indiana's Department of Education is seeking an outside review of the ISTEP test results following a series of computer glitches that will likely delay test results until July.
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Aromatherapy stores challenge Indiana's 'lookalike' law

May 29, 2013
Associated Press
Four store owners say Indiana's efforts to curb "lookalike" drugs have gone too far.
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DialAmerica plans local call center with 170 workers

May 29, 2013
 IBJ Staff
DialAmerica said Wednesday that it has opened the facility near Interstate 465 and Michigan Road on the city’s northwest side, giving the company 24 call centers in 14 different states.
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WellPoint adds power executive Hay to board

May 29, 2013
Associated Press
Health insurer WellPoint Inc. has named Lewis Hay III to its board of directors after announcing earlier this month that three members had resigned for personal reasons.
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Carmel panel refuses to back Midtown redevelopment plan

May 29, 2013
Andrea Muirragui Davis
A $100 million proposal to reinvent an old industrial area in downtown Carmel hit a snag Tuesday, when a City Council committee decided not to pursue a state tax credit that could help fund the project.
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Commission OK'd land bank deals with charities

May 29, 2013
Kathleen McLaughlin
City development officials were outraged last year to learn that the Indy Land Bank allowed investors to circumvent a public bidding process for real estate by working through a not-for-profit entity. Yet they continued to approve Land Bank transactions with not-for-profits.
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Old National to close 13 Indy bank branches

May 29, 2013
Mason King
The move, part of a statewide effort to streamline operations and save money, will leave 27 Old National branches in the nine-county area.
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  1. Saw the Indy Men's Chorus "Music of Gilbert & Sullivan" at the Indiana Historical Society on Sunday evening.

  2. Temporary workers are not "tools" they are people and companies that keep large amounts of temp staff are cheating.

  3. I miss having them around. I hope one of their stores is in the general Meridian/86th Street area. I will make good use of it.

  4. The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.

  5. I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!

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