News & Analysis

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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Lilly, IU expect $25M plan to create new model for drug R&D

June 16, 2014
J.K. Wall
A new research consortium spearheaded by the Indiana University School of Medicine and Eli Lilly and Co. could bring in $25 million to $50 million over five years to create a new approach for developing drugs that provide more precise treatment for small groups of patients.
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State Fair prepares to pop cork on alcohol sales

June 16, 2014
Emily Metheny, The Statehouse File
Indiana beers and wines will be available this summer for the first time in seven decades, but there will be several limitations on their sale.
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Existing home sales continue dismaying trend

June 16, 2014
 IBJ Staff
Figures for May add to evidence that about 14 percent fewer homes are selling this year in the nine-county area compared with the same point in 2013. But sale prices still are on the rise.
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Longtime councilor Brown to leave office

June 16, 2014
Kathleen McLaughlin
Democrat Vernon Brown, a key opponent of Indianapolis Mayor Greg Ballard’s infrastructure-spending plan, said he plans to resign from the City-County Council this summer.
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Pence urges feds to OK education standards waiver

June 16, 2014
Paige Clark, The Statehouse File
The waiver allows Indiana to set different state standards for education without having to fully comply with the rules set by the controversial federal law.
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Medtronic to acquire device maker Covidien for $42.9B

June 16, 2014
Bloomberg News
Medtronic Inc., the second-largest maker of medical devices, will be based in Ireland after the acquisition for tax advantages.
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Deposition challenges timing of BMV overcharges

June 15, 2014
Associated Press
A former deputy director at the Indiana Bureau of Motor Vehicles says he told agency leaders as early as 2010 that many BMV fees exceeded what was authorized under Indiana law.
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Labor Department steps up scrutiny of Amazon centers

June 15, 2014
Bloomberg News
The feds said last week that they were examining two worker deaths at warehouses operated by the world's largest online retailer. Amazon has nearly 100 warehouses worldwide, including several in Indiana.
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Fate of Hoosier State Amtrak route facing questions

June 15, 2014
Associated Press
INDOT is expected to announce in the next two weeks a finalist from four proposals for services, which include operating the train route in its entirety or providing services such as Wi-Fi or food and beverage.
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Remodelings might await boomers wanting to stay in their homes

June 14, 2014
Norm Heikens
Many homes will be difficult for aging boomers to navigate without changing doors, bathrooms, hallways and kitchens.
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Researchers delve into brain functionRestricted Content

June 14, 2014
Norm Heikens
Early results of studies show exercise, training help keep mind active later in life.
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Sale ends 83-year run for Indy’s Harlan Laboratories

June 14, 2014
Greg Andrews
Whether the merger of the former rivals is good for Indianapolis will play out in the coming months. Huntingdon has 1,200 employees, most of them in the United Kingdom and Princeton, N.J. Harlan has about 2,300 employees worldwide, including 300 locally.
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City of Indianapolis crafts plans for bicentennialRestricted Content

June 14, 2014
The Department of Economic Development hopes Plan 2020 leads to the updating and revision of no fewer than six official policy documents, from the comprehensive land-use plan to the recreation and open-space plan.
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East Coast firm snags long-time ExactTarget execRestricted Content

June 14, 2014
The man who steered ExactTarget Inc.’s sales as they surged from $3 million to $110 million has taken a top job at a New York document-management company.
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Christine Scales, a councilor with an independent streak, riles both parties

June 14, 2014
Kathleen McLaughlin
In her second term on the Indianapolis City-County Council, Scales is testing the limits of political independence and the patience of her colleagues.
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City recycling deal would boost incinerator's profitsRestricted Content

June 14, 2014
Kathleen McLaughlin
As IBJ was first to report on June 9, Mayor Greg Ballard is contemplating a new, 10-year contract with Covanta, which already is set to receive the city’s waste through 2018.
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BrightPoint capitalizes on tech trend: 'wearables'

June 14, 2014
Dan Human
Officials at BrightPoint Inc.—a company once so tied to the cell phone industry it used the ticker symbol “CELL”—today speak as fondly of athletic bands as they do Androids.
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Insurance changes put state's autism industry on edge

June 14, 2014
J.K. Wall
Indiana's autism therapists say their prospects are cloudy after the state’s largest health insurer, Anthem Blue Cross and Blue Shield, cut payments 40 percent and took a harder line on paying for therapy for school-age children.
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MCL stays fresh as cafeteria rivals slide into decline

June 14, 2014
Anthony Schoettle
The company that Charles O. McGaughey and his partner, George Laughner, started in 1950 has outlived thousands of Indiana restaurants—chains and mom-and-pops alike—and remained profitable through the changing tastes and trends of seven decades.
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  1. Of what value is selling alcoholic beverages to State Fair patrons when there are many families with children attending. Is this the message we want to give children attending and participating in the Fair, another venue with alooholic consumption onsite. Is this to promote beer and wine production in the state which are great for the breweries and wineries, but where does this end up 10-15 years from now, lots more drinkers for the alcoholic contents. If these drinks are so important, why not remove the alcohol content and the flavor and drink itself similar to soft drinks would be the novelty, not the alcoholic content and its affects on the drinker. There is no social or material benefit from drinking alcoholic beverages, mostly people want to get slightly or highly drunk.

  2. I did;nt know anyone in Indiana could count- WHY did they NOT SAY just HOW this would be enforced? Because it WON;T! NOW- with that said- BIG BROTHER is ALIVE in this Article-why take any comment if it won't appease YOU PEOPLE- that's NOT American- with EVERYTHING you indicated is NOT said-I can see WHY it say's o Comments- YOU are COMMIES- BIG BROTHER and most likely- voted for Obama!

  3. In Europe there are schools for hairdressing but you don't get a license afterwards but you are required to assist in turkey and Italy its 7 years in japan it's 10 years England 2 so these people who assist know how to do hair their not just anybody and if your an owner and you hire someone with no experience then ur an idiot I've known stylist from different countries with no license but they are professional clean and safe they have no license but they have experience a license doesn't mean anything look at all the bad hairdressers in the world that have fried peoples hair okay but they have a license doesn't make them a professional at their job I think they should get rid of it because stateboard robs stylist and owners and they fine you for the dumbest f***ing things oh ur license isn't displayed 100$ oh ur wearing open toe shoes fine, oh there's ONE HAIR IN UR BRUSH that's a fine it's like really? So I think they need to go or ease up on their regulations because their too strict

  4. Exciting times in Carmel.

  5. Twenty years ago when we moved to Indy I was a stay at home mom and knew not very many people.WIBC was my family and friends for the most part. It was informative, civil, and humerous with Dave the KING. Terri, Jeff, Stever, Big Joe, Matt, Pat and Crumie. I loved them all, and they seemed to love each other. I didn't mind Greg Garrison, but I was not a Rush fan. NOW I can't stand Chicks and all their giggly opinions. Tony Katz is to abrasive that early in the morning(or really any time). I will tune in on Saturday morning for the usual fun and priceless information from Pat and Crumie, mornings it will be 90.1

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