News & Analysis

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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Washington Prime buys Clay Terrace stake from Lauth

June 17, 2014
 IBJ Staff
Simon Property Group spinoff Washington Prime Group on Monday announced deals worth about $326 million involving at least seven shopping centers, including Clay Terrace in Carmel.
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Daniels says IPFW better off staying under Purdue

June 17, 2014
Associated Press
Purdue University President Mitch Daniels believes IPFW's biggest strength is its ability to award a diploma that says "Purdue University" or "Indiana University"—something it would lose if it were to break away, .
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Judge finds ‘rational’ reasons for restricting cold-beer sales

June 17, 2014
 IBJ Staff and Associated Press
Judge Richard L. Young ruled the state has legitimately drawn a line by only allowing liquor stores to sell cold beer.
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FDA prepping long-awaited plan to reduce salt

June 17, 2014
Associated Press
Food companies and restaurants could soon face government pressure to make their foods less salty for health reasons.
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Interactive Intelligence seeks city tax breaks for expansion

June 17, 2014
Dan Human
Indianapolis is considering nearly $2.6 million in tax breaks over 10 years as an incentive for Interactive Intelligence's planned $28 million investment.
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Report: Charitable giving almost back to pre-recession levels

June 17, 2014
Andrea Muirragui Davis
Charitable giving in the United States continues to recover from its recession-induced slump, reaching an estimated $335.2 billion last year, a new study concludes.
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Estate in rural Indiana priced at $8M could be tough sell

June 17, 2014
Associated Press
Carriage Manor Estate is like one of those houses you see on TV shows documenting the high life of the rich and famous — except it's not located in Beverly Hills, New York or even Indianapolis.
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Area home-construction permit filings flatten out

June 17, 2014
 IBJ Staff and Associated Press
Homebuilders filed 530 single-family building permits in the metro area in May. That’s exactly the same number of permits that were filed in May 2013. Local construction numbers were better than national figures.
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Noblesville firm plans $3M East 16th Street investment

June 17, 2014
Scott Olson
Slane Capital is developing the project for Better Retail, which plans to move its headquarters from Hamilton County while converting the dilapidated structure just east of the Monon Trail into a hub for food-and-beverage startups.
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GOP governors: EPA carbon dioxide rules job killer

June 16, 2014
Associated Press
Republican governors from oil-and-gas rich states said Monday that new federal rules designed to cut emissions linked to global warming from power plants by 30 percent by 2030 will kill jobs and growth.
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Emmis acquires majority stake in software firm

June 16, 2014
 IBJ Staff
Emmis Communications Corp. said Monday that it acquired a controlling interest in Indianapolis-based pricing software firm Digonex Technologies Inc. in a deal worth about $5 million.
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Indiana social services chief Minott leaving post

June 16, 2014
 The Statehouse File
The head of the Indiana Family and Social Services Administration is on her way out just as negotiations heat up with federal officials over Gov. Mike Pence’s alternative to a traditional Medicaid expansion.
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Ball State bilked in 2nd scheme for $5 million

June 16, 2014
Associated Press
Ball State University lost $5 million in an investment fraud scheme in addition to the $8.1 million scheme announced last week.
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  1. I keep wondering why I keep hearing about this problem of corporations leaving America, and I never hear a reasonable proposal to lower corporate tax rates and raise personal rates on income from capital gains and dividends, especially for high earners. It is just too simple of a solution for Congress to embrace?

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  3. is a disaster. SR37 already needs to be built to interstate standards between 465 and SR144. Southport Road is a mess each morning and evening.

  4. Bass Pro Shops would be good for the mall as well as a Giant Eagle Market District or a Jungle Jim's International Market Place grocery store like the one near Cincinnati Ohio.A Disney quest indoor theme park would be good.An Academy outdoor store would be good too.Indoor Circus shows and magic shows would be good as well. A casino with sports bar would be good.A Disney theater inside that shows movies and Broadway shows would work.Nashville Tennessee concert shops with indoor neon lights would be good.How about a theater that shows travel shows and theme parks. A train store would be good.How about a giant toy store with high tech video games.

  5. This development is in addition to Allpoints Midwest 5, Aitrtek, a recent FedEx and more in Plainfield. Greenwood and Brownsburg also have similar projects.

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