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News & Analysis
REITs tumble most since 2011 on concern of rising rates
June 19, 2013
Associated PressShares in U.S. real estate investment trusts fell the most in 19 months Wednesday. Three major REITs, all based in Indianapolis,
saw their shares drop on Wednesday.
MoreJudges consider tossing $60M Penn State fund lawsuit
June 19, 2013
Associated PressA panel of Pennsylvania judges will soon decide whether to side with the NCAA and throw out a lawsuit filed by a state senator
and the state treasurer over the massive fine imposed on Penn State for its handling of the Jerry Sandusky scandal.
MoreHolcomb, other top leaders leaving Indiana GOP helm
June 19, 2013
Associated PressIndiana Republican Party Chairman Eric Holcomb announced Wednesday he was leaving to take a job outside politics. Former Lt.
Gov. Becky Skillman, Vice Chair Sandi Huddleston and Executive Director Justin Garrett also are leaving their posts.
MoreTyco to buy Fishers-based technology firm for $150 million
June 19, 2013
IBJ Staff and Associated PressTyco International Ltd. said Wednesday that it reached a deal to acquire Exacq Technologies Inc., which develops video management
systems for security and surveillance uses.
MoreManufacturer to relocate to Muncie, add 288 jobs
June 19, 2013
Mason KingA maker of a new heavy-equipment vehicle that uses clean energy plans to invest $4.6 million in an engineering and assembly
facility and ramp up operations as orders come in.
MoreACLU sues BMV over gay youth group case
June 19, 2013
Associated PressThe American Civil Liberties Union of Indiana filed a federal lawsuit Wednesday against the Indiana Bureau of Motor Vehicles,
seeking the reinstatement of specialty auto license plates for a group that counsels gay and lesbian youth.
MoreLandmark NCAA player-likeness case set to get underway
June 19, 2013
Bloomberg NewsPlaintiffs say the case, which heads to court Thursday, may reduce the $6.4 billion in annual revenue that universities get
from athletics by as much as 50 percent.
MoreProLiance Energy sold to Dallas company
June 19, 2013
Chris O'MalleyIndianapolis-based ProLiance Energy, which has lost tens of millions of dollars in recent years amid falling natural gas prices,
is being sold to Dallas-based Energy Transfer Partners.
MoreFormer Indy attorney sentenced for theft from estate
June 18, 2013
IBJ StaffFormer Indianapolis attorney David F. Rees was sentenced to four years of home detention and two years of probation after
pleading guilty to stealing more than $270,000 from an estate that he was charged with managing.
MoreFishers' first mayoral election set for next year
June 18, 2013
IBJ StaffFishers residents will elect their first mayor a year earlier than expected due to a change in state law that establishes
Jan. 1, 2015, as the date the town becomes a city.
MoreIndiana county allowed to develop fertilizer plant
June 18, 2013
Associated PressThe state won't stand in the way of a fertilizer plant that a Pakistan-based group is developing in southwestern Indiana
despite reservations expressed by Gov. Mike Pence, his office said Tuesday.
MoreLilly’s Zyprexa injection probed by FDA after deaths
June 18, 2013
Bloomberg NewsEli Lilly and Co.’s injectable form of the antipsychotic Zyprexa is being investigated by U.S. regulators after two
patients died three to four days after receiving the drug.
MoreNoble Roman's gets rolling with take-and-bake franchises
June 18, 2013
Mason KingSince October, franchisees have opened the first seven stand-alone, take-and-bake locations—dubbed Noble Roman’s
Take-n-Bake P’ZA. Nine more are in development or under construction.
MoreCourt upholds Indiana legislative boycott fines
June 18, 2013
Associated PressThe Indiana Supreme Court has upheld fines levied by House Republicans against Democrats for their 2011 legislative walkout
over right-to-work legislation.
MoreDrugmakers may face ‘pay for delay’ suits, high court rules
June 18, 2013
Bloomberg NewsDrug companies like Eli Lilly and Co. can be sued for paying rivals to delay low-cost versions of popular medicines, the U.S.
Supreme Court said in a decision that rewrites the rules governing the release of generic drugs.
MoreDuke Energy names CFO to replace Rogers as chief exec
June 18, 2013
Bloomberg NewsFormer Indiana utility executive Jim Rogers, 65, agreed in November to step down under a settlement with North Carolina regulators.
MoreIncentives draw industrial developer to AmeriPlex
June 18, 2013
Scott OlsonA city tax abatement has led Atlanta-based Industrial Developments International to build a 794,608-square-foot speculative
building in AmeriPlex and to plan construction of another, 460,000-square-foot building there.
MoreReport: Charitable giving by Americans on the rise
June 18, 2013
Andrea Muirragui DavisAmericans gave an estimated $316.2 billion to charity last year, continuing a string of small philanthropic gains. What cause
got the bulk of the bounty?
MorePence putting stamp on Indiana with new goals
June 17, 2013
Associated PressIndiana Gov. Mike Pence announced Monday he will shuffle where state agencies focus most of their efforts. State Budget Director
Chris Atkins said the new priorities reflect the goals that Pence laid out in his campaign.
MoreIndiana agency sued over cuts to program for disabled
June 17, 2013
Associated PressA federal lawsuit says Indiana's social services agency has made changes to Medicaid waiver programs that threaten to
deprive thousands of developmentally disabled people of income they need to survive outside of institutions.
MoreLilly's pipeline failures concern analysts
June 17, 2013
J.K. WallThe failures raise pressure on Lilly's experimental diabetes and cancer drugs to make it to market to offset looming patent
expirations.
MoreBuilding for game maker Fundex set for July auction
June 17, 2013
Scott OlsonOne of the last remnants of the bankrupt game maker and distributor is set to be sold at auction next month. The parent of
the company that makes the iconic Slinky bought Fundex in December.
MoreWorld looks to Bernanke to clarify stimulus plans
June 17, 2013
Associated PressFinancial markets have been gyrating in the 3½ weeks since Bernanke told Congress the Fed might scale back its effort
to keep long-term rates at record lows within "the next few meetings"— earlier than many had assumed.
MoreLilly to take over development of diabetes drug
June 17, 2013
Associated PressEli Lilly and Co. will pay Canadian drug developer Transition Therapeutics Inc. at least $7 million and up to as much as $247
million to take over the development of a potential diabetes treatment.
MoreElectronic proof of auto insurance coming to Indiana
June 17, 2013
Associated PressIndiana drivers who have to show proof of insurance to police after an accident or traffic violation can do so electronically
starting July 1 under a new law that signals an increasing use of technology in insurance laws.
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Ameriana Bank took over Westfield Farmers Market for 2013 and it is held in their parking lot, corner of 32 and Carey road, 5 to 8. I am selling soap and candles there. great market!
B&T certainly has enough of our taxpayer dollars to do this thanks to Mayor Ballard. Given the firm's exceedingly poor reputation in the legal community, the basement would seem a better option.
Should read MAY hire 20 people.
Not a good location for a 300,000 home. 10th Street fumes, buses, noise. Max for this location 150,000.
The state constitution also does not say that the majority has a right to quorum, nor that the minority is required to allow them quorum. In fact, denial of quorum has been a parliamentary maneuver since the establishment of the first parliaments in the early 1600s. The right to deny quorum (and the requirement fore quorum) are to prevent exactly what happened in Indiana: A tyrannical majority pushing through odious, objectionable legislation. Denial of quorum is totally legitimate, and lest we forget, a tactic the GOP has employed many, many times to ensure their issues weren't given short shrift. By allowing the majority to impose "fines" on the minority for exercising the authority the constitution grants them (to deny quorum,) they are violating the constitution.