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News & Analysis
Venture capital favoring later-stage firms
April 27, 2013
Dan HumanGetting $50,000—often from friends and relatives—to develop a product and set up a company still is easy enough
in Indiana, small-business leaders and venture capitalists say. But once a firm needs a few million dollars to grow into a
revenue-generating operation, the area can’t compete with Silicon Valley’s magnetism for venture capital.
MoreFormer Deloitte leader joins Krieg DeVault firm
April 27, 2013
Michael Becher, a longtime managing partner of Deloitte LLP’s Indianapolis office, has joined the Krieg DeVault LLP
law firm as an adviser.
MoreIndiana casinos win few gains from Legislature
April 27, 2013
Associated PressThe Indiana Legislature didn't boost the state's casinos nearly as much as supporters had wanted as they face greater
competition from neighboring states.
MoreAnti-smoking officials say Indiana funding cuts hurt
April 27, 2013
Associated PressA decision to cut state funding by 38 percent for programs that help people stop smoking and try to prevent others from starting
worries those behind the state's tobacco cessation efforts.
MoreVoucher expansion awaits governor's signature
April 27, 2013
Associated PressIndiana lawmakers have approved an expansion of the nation's broadest private school voucher program that will allow more
children to be immediately eligible.
MoreOnline sales tax push dies in Indiana Legislature
April 26, 2013
Associated PressAn effort to require Amazon.com and some other online-only retailers to start collecting Indiana's 7-percent sales tax
this summer has fallen short in the Legislature.
MoreBill banning secret videotaping at businesses fails
April 26, 2013
Associated PressRep. Bill Friend, R-Macy, said he withdrew the bill he sponsored at the request of Republican House Speaker Brian Bosma.
MoreGeneral Assembly goes late in effort to wrap us session
April 26, 2013
Associated PressThe Indiana General Assembly worked into the night Friday to hammer out final details on a two-year, $30 billion budget containing
new tax cuts, a modest expansion of school vouchers, new oversight of the $2.8 billion Rockport coal gasification project
and a series of other measures.
MoreStocks head lower on tepid U.S. economic growth
April 26, 2013
Associated PressSeveral companies, including Amazon.com, released weak earnings Friday and the government reported that the U.S. economy expanded
at a slower rate in the first quarter than economists were expecting.
MoreDowntown's historic Century Building set for sheriff’s sale
April 26, 2013
Scott OlsonThe 112-year-old office building will return to the market in a precarious position, as a major tenant plans to depart.
MoreOverhaul of sentencing laws heading to governor
April 26, 2013
Associated PressThe Senate voted 34-15 on Friday in favor of the bill aimed at sending fewer nonviolent offenders to prison.
MoreLocal racing team on verge of calling it quits after 500
April 26, 2013
IBJ Staff and Associated PressCarmel-based Panther/Dreyer & Reinbold Racing, a company that was in expansion mode as little as two years ago, plans
to close shop after the Indy 500 if it can't find a new sponsor.
MoreShares of Angie's List, ITT skyrocket after reports
April 26, 2013
IBJ Staff and Associated PressIn the heart of a mediocre earnings season for public companies, Indianapolis-based firms Angie's List and ITT Educational
Services on Thursday shot to the top of the stock ticker.
MoreLawmakers forge deal to help Indianapolis Motor Speedway
April 26, 2013
The Statehouse FileThe plan authorizes the state to loan the Speedway $100 million—money it will borrow through bonds—to make the grandstands
more accessible to people with disabilities and to install lights for night races.
MoreMore demand for mall space boosts Simon earnings
April 26, 2013
Bloomberg NewsThe Indianapolis-based owner of retail centers raised its expectations for the fiscal year after reporting solid gains in
occupancy, rent revenue and earnings for the first quarter.
MoreCeladon's profit, revenue slide in latest quarter
April 25, 2013
IBJ StaffCeladon CEO Paul Will noted that the latest quarter had two fewer business days than the previous year's period and was
hampered by heavy winter storms.
MoreBill would delay new Indiana school standards
April 25, 2013
Associated PressIndiana legislators prepared a compromise bill Thursday that would suspend implementation of a national set of reading and
math education standards for a year while new state reviews are done.
MoreBudget includes tax cut, more school, road funds
April 25, 2013
Associated PressIndiana taxpayers will see their personal income tax rate reduced by 5 percent over the next four years under a budget plan
agreed to Thursday by lawmakers. The plan also repeals the inheritance tax retroactive to Jan. 1.
MoreLow-level felons could get less prison time under plan
April 25, 2013
Associated PressIndiana lawmakers have reached a compromise that would direct more non-violent, low-level felons to work release and other
local programs rather than sending them to prison.
MoreNew pro soccer team to be called Indy Eleven
April 25, 2013
Anthony SchoettleIndianapolis’ pro soccer team doesn’t make its on-field debut until April 2014, but organizers on Thursday unveiled the club’s
name: Indy Eleven.
MoreProposed Meijer store would displace historic homes
April 25, 2013
Scott OlsonThe retail chain Meijer hopes to build a store near 16th and Dr. Martin Luther King Jr. streets north of downtown as part
of a mixed-use project by Opus Development Corp.
MoreSenate cans hunting plan
April 25, 2013
Associated PressA proposal aimed at legalizing five fenced deer-hunting preserves around Indiana has failed in this year's legislative session.
MoreLilly suing J&J for patent rights in Alzheimer's drug race
April 25, 2013
Bloomberg NewsEli Lilly and Co. is seeking to revoke a patent held by a Johnson & Johnson unit, arguing at a London court it might delay
availability of a potential treatment for Alzheimer’s disease.
MoreSinking enrollment still a drag on ITT Educational
April 25, 2013
IBJ StaffProfit and revenue fell dramatically in the first quarter as students continued to steer away from the Carmel company, one
of the country's largest for-profit colleges.
MoreDow AgroSciences grows sales, earnings to new heights
April 25, 2013
Mason King, Bloomberg NewsRecord sales for seeds and new crop protection products helped boost revenue 14 percent at Indianapolis-based Dow AgroSciences
LLC in its new fiscal year.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.