News & Analysis

Ivy Tech to offer entrepreneurship certificate programs

June 19, 2014
Paige Clark, The Statehouse File
Ivy Tech Community College will offer new certificates in entrepreneurship at 31 campuses starting in August.
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Indiana chief justice pick may not be immune to politics

June 19, 2014
Associated Press
Even though Gov. Mike Pence won't make the appointment, experts say politics could influence the selection of a new chief justice.
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Audit finds 'intentional misuse' of funds by Elevate Ventures

June 19, 2014
Dan Human, Associated Press
The Office of the Inspector General of the U.S. Treasury Department says Elevate Ventures “intentionally misused” almost $500,000 in taxpayer funds when the state contractor invested in a company run by its board chairman.
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Carmel retailers play defense against U.S. 31 construction

June 19, 2014
Andrea Muirragui Davis
Business has skidded for some eateries along the corridor as work crews transform it into a limited access highway. Proprietors are reaching out to customers with promotions but gripping the bottom line.
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Indiana Toll Road operator facing debt woes

June 19, 2014
Associated Press
The Spanish-Australian investor group Cintra-Macquarie paid the state $3.8 billion in 2006 for a 75-year lease of the 157-mile highway, but its toll revenue hasn't met expectations.
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Sports memorabilia forfeited to help repay Ball State

June 19, 2014
Associated Press
A New York City man who pleaded guilty to wire fraud for his role in an investment fraud scheme that cost Ball State University $3.8 million has agreed to forfeit a baseball jersey autographed by Mickey Mantle and boxing gloves autographed by Mike Tyson.
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Anderson, Purdue look to create high-tech center

June 19, 2014
Associated Press
The Purdue Polytechnic Institute being planned in Anderson could have programs for 500 students and hundreds of entrepreneurs.
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Wal-Mart to open e-commerce center in Plainfield

June 19, 2014
 IBJ Staff
The giant retailer said it will build a 1.2.-million-square-foot e-commerce fulfillment facility in the AllPoints Midwest industrial park that will employ up to 303 workers by 2016.
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Simon promotes longtime treasurer to CFO

June 19, 2014
 IBJ Staff
Simon Property Group Inc. announced Wednesday the promotion of Andrew Juster to chief financial officer, succeeding longtime CFO Stephen Sterrett.
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Lilly gives $1.3M to TechPoint to launch new program

June 19, 2014
 IBJ Staff
Interns in the first Xtern program will live together at IUPUI and work at 12 of the city's tech companies, including ExactTarget, Interactive Intelligence, Apparatus, HC1, Smarter Remarketer and Tinderbox.
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Report says school voucher changes cost state $16M

June 18, 2014
Associated Press
An Indiana Department of Education report shows that changes to the state's private school voucher program are costing the state roughly $16 million. Voucher supporters questioned the report's accuracy.
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Work to resume Thursday on fatal tunnel project

June 18, 2014
Associated Press
A utility company says construction will resume Thursday on a project to build a sewer tunnel 250 feet beneath Indianapolis where a worker was killed last week.
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Ogden receives 30-day suspension for criticizing judge

June 18, 2014
Jennifer Nelson / The Indiana Lawyer
Indianapolis attorney and blogger Paul Ogden has been suspended for 30 days by the Indiana Supreme Court based on comments he made regarding a judge who presided over an estate case involving Ogden’s client.
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IU advancing demolition plan opposed by city

June 18, 2014
Associated Press
Indiana University's Board of Trustees is expected to vote this week on a plan to move or tear down six houses in a Bloomington neighborhood that city officials have been trying to protect.
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Fed slows bond buying with fifth monthly reduction

June 18, 2014
The Federal Reserve will further slow the pace of its bond purchases because a strengthening U.S. job market needs less support.
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Trademark board rules against Redskins name

June 18, 2014
Associated Press
The U.S. Patent Office ruled Wednesday that the Washington Redskins nickname is "disparaging of Native Americans" and that the team's federal trademarks for the name must be canceled.
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Dems look to downtown funds for Rebuild Indy alternative

June 18, 2014
Kathleen McLaughlin
City-County Council Democrats on Wednesday morning unveiled an alternative to the mayor's infrastructure-spending plan. It would involve less borrowing and use money in the downtown TIF fund.
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Hot race for No. 3 spot in GOP has Indiana representative

June 18, 2014
Associated Press
Reps. Steve Scalise of Louisiana, Peter Roskam of Illinois and Marlin Stutzman of Indiana are vying for majority whip, a position likely to become vacant because its current occupant is the strong favorite to become the new majority leader.
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Merck's exit pushes Endocyte shares lower

June 18, 2014
 IBJ Staff
Shares of Endocyte Inc. skidded 15 percent Wednesday after industry giant Merck & Co. Inc. decided it would give up on developing Endocyte cancer drug vintafolide.
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Investors to seek clues from Fed on rate increase

June 18, 2014
Associated Press
The Fed will likely approve a fifth cut in its monthly bond purchases because the job market has strengthened. But no clear signal is expected on when it will start raising short-term interest rates from record lows.
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Pence: Intact families key to strong economy

June 17, 2014
Seth Morin, The Statehouse File
Republican Gov. Mike Pence said Tuesday that the state should encourage young people to get married and only have children after they’re married to keep the Indiana economy strong.
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Second man serving time in Ball State fraud scandal

June 17, 2014
Associated Press
A Brooklyn, N.Y., man was sentenced to three years in prison for his role in an investment fraud scheme that cost Ball State University $13.1 million.
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Lawmakers approve fixes to criminal sentencing

June 17, 2014
Associated Press
The General Assembly met Tuesday for its first "technical corrections day" — a special one-day meeting with limits placed on it so lawmakers do not have to do a full-blown "special session."
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Bosma: No ethics sanctions against Turner

June 17, 2014
Associated Press
House Speaker Brian Bosma said Tuesday he will not sanction House Speaker Pro Tem Eric Turner after an ethics probe determined the lawmaker did not violate state ethics rules.
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Cummins building new southern Indiana tech center

June 17, 2014
Associated Press
Engineers from several locations will be based at the $70 million center about 50 miles south of Indianapolis, and more than 600 people could be working there when it is completed next year.
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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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