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News & Analysis
Franklin calls off deal to land brewery plant
September 17, 2010
Kathleen McLaughlinThe Franklin Redevelopment Commission decided Thursday to call off the deal because TailGate Beer of San Diego failed to respond
to a deadline to provide detailed financial information.
MoreUnion cancels Marsh vote planned for Friday
September 16, 2010
Kathleen McLaughlinThe local grocery workers union has pulled its request for an election at Marsh's supermarket in Beech Grove, saying recent
events cast a pall over the vote that was scheduled for Friday.
MoreMedical equipment maker primed to expand in Greenwood
September 16, 2010
J.K. WallAdvantis Medical Inc., a maker of cases and trays for surgical instruments, plans to add more than 100 jobs in Greenwood over
the next five years.
MoreFailed bid to take Emmis private costing millions
September 16, 2010
Scott OlsonEmmis CEO Jeff Smulyan's JS Acquisition LLC has racked up takeover expenses of $10.2 million, a figure that's sure
to escalate now that JS Acquisition is suing its one-time financier for backing out of the deal.
MoreBank suing Estridge Cos. for securities fraud
September 16, 2010
Scott OlsonBank of Indiana files complaint against the home builder, alleging it failed to repay a $1 million investment due June 30.
The complaint further accuses law firm Krieg DeVault LLP of malpractice and breach of fiduciary duty.
MoreFormer councilman indicted in strip club case
September 16, 2010
Francesca JaroszFederal officials on Thursday charged a former City-County Council member in an extortion scheme to use his official position
to grease the wheels for opening a strip club, taking $6,000 in exchange for the help.
MoreLEADING QUESTIONS: Butler's Fong talks sports, Stevens
September 16, 2010
Mason King
The university president likens his role to that of a major-league manager, but retaining talent like Brad Stevens is
just the start.
Tower manager proposes 4th Artsgarden skywalk
September 16, 2010
J.K. WallReit Management & Research LLC made a presentation Wednesday to the Indianapolis Metropolitan Development Commission for
its plans to build a pedestrian walkway between Circle Centre mall and PNC Center.
MoreU.S. homes lost to foreclosure up 25 percent this year
September 16, 2010
Associated PressAugust makes the ninth month in a row that the pace of homes lost to foreclosure has increased on an annual basis. Banks have
been stepping up repossessions to clear out their backlog of bad loans.
MoreRepublicans: Force state to live within means
September 15, 2010
Associated PressHouse Minority Leader Brian Bosma, R-Indianapolis, said the state's next two-year budget doesn't have to be "honestly balanced,"
meaning the state could spend more than it takes in by dipping into reserves if the economy continues to sag.
MoreDaniels says no presidential pitch made at dinners
September 15, 2010
Associated PressIndiana Gov. Mitch Daniels said Wednesday he has hosted about a dozen dinners with top Republican fundraisers and business
and policy leaders, but never pitched himself as a potential presidential candidate.
MoreSmulyan-led firm sues backer over failed Emmis deal
September 15, 2010
Andrea Muirragui DavisEmmis Communications Corp. CEO Jeff Smulyan’s JS Acquisition LLC is suing its one-time financier for backing out of
a deal to take the Indianapolis-based media company private.
MoreUPDATE: Schrenker pleads guilty to securities fraud
September 15, 2010
IBJ Staff and Associated PressFormer money manager admits to bilking friends, family members and other investors out of millions of dollars before trying
to fake his own death. He'll be sentenced Oct. 7.
MoreDefendant pleads guilty in $880M fraud case
September 15, 2010
IBJ Staff and Associated PressA Florida man with ties to the founder of Indianapolis-based Williams Realty Group
pleaded guilty Wednesday to running a multistate Ponzi scheme that prosecutors say left investors with up to $100 million
in losses.
MoreUPDATE: New tech jobs come with handsome wages
September 15, 2010
J.K. WallMobi Wireless expects to pay average wages of more than $50,000 to 253 new workers; Bostech Corp. expects to pay more than
$80,000 to 61 new employees.
MoreFactory production creeps up again
September 15, 2010
Associated PressProduction at U.S. factories grew in August for the 12th time in 14 months, but at a slower rate than earlier this year.
MoreTech companies adding 314 jobs in Zionsville
September 15, 2010
Two tech companies located in Northwest Technology Center in Zionsville plan to invest $3.6 million and add 314 jobs over
the next four years, officials announced Wednesday morning.
MoreCommunity moves to integrate doctors
September 15, 2010
J.K. Wall
Community Health now has about 550 physicians, either on its payroll
or committed through integration contracts, who have some of their pay hinge on measures of quality and communication. CEO
Bryan Mills says the hospital system is looking to add even more.
State insurance chief Cutter dies
September 15, 2010
J.K. WallIndiana Insurance Commissioner Carol Cutter passed away Sept. 6 in Indianapolis after a months-long struggle with illness.
She was 67. Cutter had been on leave from the department since January.
MoreCity finance chief to leave post for state role
September 15, 2010
Francesca JaroszCity Controller David Reynolds, who started with the city when Mayor Greg Ballard took office in January 2008, has accepted
a job as senior fiscal analyst for the Indiana Senate's Republican majority caucus.
MoreSenate panel refuses to fund GE engine made by Rolls-Royce
September 14, 2010
IBJ Staff and Bloomberg NewsThe decision holds potential bad news for Indianapolis engine maker Rolls-Royce, which produces the engines. Rolls-Royce is
the region's second-largest manufacturer, behind Eli Lilly and Co., with about 4,300 local employees.
MoreLibrary slashes hours, to close main branch on Thursdays
September 14, 2010
A big reduction in hours is expected to save the Indianapolis-Marion County Public Library about $1.5 million next year, as
it grapples with a $4 million revenue shortfall.
MoreFilmmaker Low planning Indy 500 movie for IMAX 3D
September 14, 2010
IBJ StaffThe award-winning filmmaker behind such giant-screen gems as “The Ultimate Wave” and “Super Speedway”
is developing an IMAX 3D movie focused on the Indianapolis 500-Mile Race and the evolution of motorsports.
MoreConseco Fieldhouse to get new video signage
September 14, 2010
Scott OlsonThe new "video ribbon," which could cost up to $1.6 million, will be paid for with funds from the Capital Improvement Board.
It will be installed around the entire upper fascia of the arena between the second and third levels.
MoreCourt delays hearing on Indiana school funding lawsuit
September 14, 2010
Associated PressHamilton Southeastern Schools, Franklin Township Schools and Middlebury Community Schools sued the state in February, claiming
the school funding formula unfairly penalizes growing districts.
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These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.
The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)
As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.
The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.
I have been to several of their locations in Pennsylvania and always go in for 1 item and leave with a basket full of things. I'm very happy they decided on Indiana, now if only they would put the other store in eastside.