News & Analysis

Unemployment rate hits 4-year low as economy adds 165K jobs

May 3, 2013
Associated Press
The only sectors of the economy that cut jobs last month were construction and government.
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Irsay may rescue Colts-themed restaurant

May 2, 2013
 IBJ Staff
Less than a day after its closure was announced, a Colts-themed restaurant on the far north side of Indianapolis may be getting a reprieve.
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Ballard taps government veteran as controller

May 2, 2013
 IBJ Staff
Jason Dudich is already familiar with the financial workings of the city. He was Ballard's budget director and deputy controller from February 2008 to August 2010.
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Colts-themed restaurant closes its doors after financial losses

May 2, 2013
Scott Olson
The Blue Crew Sports Grill on Indianapolis' far north side closed its doors Thursday after seven years in business, according to a post on the eatery's Facebook page.
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Republic Airways fires president of pilots union

May 2, 2013
Kathleen McLaughlin
The move comes after years of unfruitful contract negotiations between the Indianapolis-based firm and the International Brotherhood of Teamsters Local 357.
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Investment gains mask slowdown for insurer

May 2, 2013
J.K. Wall
The bull market boosted first-quarter profit at Baldwin & Lyons Inc. to a record high, even though the property and casualty insurer’s core business lost ground.
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Indianapolis to boost businesses owned by disabled

May 2, 2013
 IBJ Staff
The companies could get a greater share of business from city and county contracts under a proposal signed into law Thursday by Mayor Greg Ballard.
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New rules allow home-schoolers to join public school teams

May 2, 2013
Associated Press
Some home-schooled students will be eligible to join sports teams at their local public schools under new rules adopted by the Indiana High School Athletic Association.
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Republic unit adds $100 carry-on fee for some passengers

May 2, 2013
Associated Press
Frontier Airlines, a unit of Indianapolis-based Republic Airways Holdings Inc., plans to start charging up to $100 for a carry-on bag and $2 for coffee or a full can of soda, it announced Wednesday.
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ISTEP testing continues after early-week problems

May 2, 2013
Associated Press
The state Department of Education has asked schools for a second straight day to reduce the number of students taking the test by half to avoid more problems.
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New leader named for Indiana administration agency

May 2, 2013
Associated Press
An official from a Tennessee state agency has been picked to replace Robert Wynkoop, who left in April to become managing director of Purdue University's business and finance office.
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Pence sets rules for more 'Sagamore' awards

May 2, 2013
 IBJ Staff and Associated Press
Many more residents are set to receive "Sagamore of the Wabash" designations under new Indiana Gov. Mike Pence.
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Kite buys Castleton Crossing center for $39M

May 1, 2013
The retail center, off East 82nd Street, near Interstate 465 and Allisonville Road, is fully leased and is anchored by HomeGoods, Burlington Coat Factory and Shoe Carnival.
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WRTV adding employees, expanding newscasts

May 1, 2013
Chris O'Malley
Lagging in the ratings, the local station is aiming for an uptick under new ownership with a morning news show on weekends.
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Indiana resumes ISTEP testing after 2 days of delays

May 1, 2013
Associated Press
The Indiana Department of Education said the administration of the ISTEP+ exams' online portion resumed Wednesday morning, but schools are being asked to decrease their daily test load to 50 percent of normal levels until further notice.
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Trial date set in Carmel's lawsuit on Palladium construction

May 1, 2013
Andrea Muirragui Davis
The 2-year-old complaint concerns defects to steel supports discovered during construction of the city's signature concert hall.
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IPL's $631M power plant to start construction in 2014

May 1, 2013
Mason King
Plans for the plant, officially announced Wednesday, call for an environmentally friendly facility outside of Martinsville that could produce 650 megawatts of power. Construction could employ 660 workers.
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Attorneys rev engines on racing circuits for relaxation

May 1, 2013
Marilyn Odendahl
Lawyers are traditionally known as hard-chargers, but these Indianapolis attorneys spend their weekends jockeying for position as pro- and semipro-level auto racers.
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More franchisees join revolt over Steak n Shake menu pricing

May 1, 2013
Scott Olson
Three franchise owners filed suit last month against Steak n Shake, including two on the same day, challenging the company's policy that they say prohibits them from setting their own menu prices.
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Ag experts advising patience for Indiana corn farmers

May 1, 2013
Associated Press
As of Sunday, farmers in Indiana had planted just 1 percent of the corn crop, compared with the five-year average of 30 percent by the end of April, according to the U.S. Department of Agriculture.
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Indiana ISTEP testing to resume, but at half the test load

April 30, 2013
Associated Press
Required standardized tests for Indiana students will resume Wednesday after two days of computer glitches, but state officials asked schools to cut their normal test loads by half to avoid more problems.
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Medicaid expansion in Pence's hands after session

April 30, 2013
Associated Press
The question of whether Indiana will expand Medicaid is now back in Gov. Mike Pence's hands, after lawmakers wrapped up their session without mandating he expand coverage under the federal health care law or suggesting the route he should take.
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Developers suspend most Rockport gas plant work

April 30, 2013
Associated Press
Indiana Gasification project manager Mark Lubbers told the Evansville Courier & Press that neither the General Assembly nor Gov. Mike Pence support the project.
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Rolls-Royce to produce engines for new reconnaissance copter

April 30, 2013
Mason King
Indianapolis manufacturing operations will provide cutting-edge engines for the latest generation of helicopter drones to be used by the U.S. Navy.
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Schools face ISTEP+ problems for 2nd straight day

April 30, 2013
 IBJ Staff and Associated Press
School districts trying to administer Indiana's required standardized test encountered new problems Tuesday that forced the state to suspend testing for a second straight day. The problems brought a hailstorm of complaints.
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