News & Analysis

Senator drops push for paid dealers at charity games

February 10, 2012
Kathleen McLaughlin
A proposal to allow charities to pay people to run bingo, poker and other gambling games is too touchy of an issue to tackle this session, Indiana Senate Public Policy Chairman Ron Alting said Friday morning. Instead, he’ll request a summer study committee.
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Merger to give northwest Indiana bank local foothold

February 10, 2012
Kathleen McLaughlin
Horizon Bancorp of Michigan City announced Friday that it has agreed to acquire Heartland Community Bank of Franklin for about $14 million, or $9.72 per share.
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Top Indiana House budget writer won't seek new term

February 10, 2012
Associated Press
Rep. Jeff Espich of Uniondale, the leader of the Indiana House's budget-writing committee, announced Friday that he won't seek re-election this fall and will end 40-year legislative career.
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Bloomington hires firm to plan technology park

February 10, 2012
Associated Press
Development officials have hired a company to plan a downtown Bloomington technology park they hope can eventually spawn a bustling high-tech business hub in the southern Indiana city.
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Fishers warehouse to close, costing 248 jobs

February 10, 2012
Kathleen McLaughlin
New York-based Sony DADC Americas will start shutting down its Fishers distribution facility in May and lay off all 248 workers by September, the company said Friday morning.
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ChaCha apologizing for 'inflammatory' answers

February 9, 2012
 IBJ Staff
Carmel-based ChaCha Search Inc., a question-and-answer service for mobile phone and online users, is apologizing for providing what it calls "inflammatory answers to questions asked about sensitive subjects."
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Schools chief: No Child waiver helps Indiana students

February 9, 2012
Associated Press
Indiana will take advantage of a federal waiver on provisions of the No Child Left Behind act to create better education for students, State School Superintendent Tony Bennett said.
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Advocates want no weakening of Indiana smoking ban

February 9, 2012
Associated Press
Anti-smoking advocates aren't happy about an 18-month exemption for bars that's included in a bill for a statewide smoking ban, and are aiming to prevent the proposal from being watered down.
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13K Indiana foreclosure victims to get $2K checks

February 9, 2012
Associated Press
Indiana homeowners will receive about $43 million in refinanced loans while other borrowers will get $30 million worth of loan-term modifications and other relief as part of a $25 billion nationwide settlement with the country's biggest mortgage lenders.
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Ballard to veto tougher smoking-ban proposal

February 9, 2012
 IBJ Staff
Indianapolis Mayor Greg Ballard plans to veto a proposed ordinance that would expand the city’s public smoking ban, his spokesman confirmed Thursday.
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Gubernatorial candidates turn in signatures

February 9, 2012
Associated Press
Democrat John Gregg and Republican Mike Pence submitted plenty of signatures to get their names on Indiana's ballot for governor. Fishers businessman Jim Wallace, however, said he came up 111 signatures shy of the number needed to make the ballot.
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Glick center receives $6.3 million federal grant

February 9, 2012
The funds will be used to construct a three-story, independent-living facility consisting of 50 one-bedroom units for low-income senior citizens at the neighborhood center on Indianapolis' northwest side.
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Indiana panel OKs overhaul of school grading system

February 9, 2012
Associated Press
A state panel has approved changes to Indiana's A-to-F grading standards for public schools despite complaints that the new rules are too complex for schools and parents to understand.
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Local manufacturer tapped for trade mission to Russia

February 9, 2012
Kathleen McLaughlin
Hoosier Gasket Corp. hopes to land more business in Russia, where a growing middle class and new financing options are fueling the automotive market.
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Rolls-Royce's profits in line with expectations

February 9, 2012
 IBJ Staff and Bloomberg News
Rolls-Royce Holdings Plc, the world’s second-largest aircraft-engine maker, said profit rose in line with estimates, buoyed by a backlog of orders from Boeing Co. and Airbus SAS.
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Kite reports quarterly profit, smaller annual loss

February 9, 2012
The Indianapolis-based real estate investment trust earned a profit of $3.1 million for the quarter ended Dec. 31, but lost $800,000 for the entire year.
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LEADING QUESTIONS: Debriefing with Super Bowl chief

February 9, 2012
Mason King
LQ_Melangton_Watch_VideoHost Committee CEO Allison Melangton opens up about the last three years. Why is she called "The Binder Whisperer"? How did she react to pushback against "super scarves"? When did she need to get tough with the NFL?
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Indiana among 10 states getting No Child Left Behind waivers

February 9, 2012
Associated Press
President Barack Obama on Thursday will free 10 states, including Indiana, from the strict and sweeping requirements of the No Child Left Behind law, giving leeway to states that promise to improve how they prepare and evaluate students, The Associated Press has learned.
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Local Emmis publication announces new editor

February 9, 2012
Kathleen McLaughlin
Emmis Publishing has hired Amanda Heckert, senior editor at Atlanta magazine, to replace David Zivan as editor of Indianapolis Monthly, the company announced Thursday.
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Warehouse company expands in Franklin

February 9, 2012
Kathleen McLaughlin
A refrigerated warehouse company plans to expand its facility in Franklin, investing $26 million and creating as many as 50 jobs by 2014.
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Indiana lawmaker says school bus fees increase danger

February 8, 2012
Associated Press
Indiana's public school districts wouldn't be able to end school bus service for their students under a proposal advancing in the General Assembly after protests from parents in a suburban Indianapolis district who now face annual bills of more than $400 a child for rides to and from school.
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Right-to-work boycott fines put on hold by Indiana high court

February 8, 2012
Associated Press
The state Supreme Court placed on hold Wednesday all legislative fines against Democrats who boycotted the Indiana House during the right-to-work battle until it rules on whether it's legal for those fines to be deducted from their paychecks.
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Company: Sugarland resisted delaying state fair concert

February 8, 2012
Associated Press
Sugarland resisted delaying the start of a concert at the state fair despite threatening weather that caused a deadly stage collapse, the fair's top official testified against the company that built the stage rigging.
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IndyGo ridership way up during Super Bowl festivities

February 8, 2012
Passenger traffic on IndyGo buses rose nearly 40 percent during a 10-day span leading up to game, thanks to free rides on fixed routes during four of the days.
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Lawsuit filed over denial of senior's home care

February 8, 2012
 IBJ Staff and Associated Press
A Carmel-based health insurer once owned by Conseco Inc. is being sued for refusing to pay claims for in-home care submitted by California senior citizens.
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