News & Analysis

Debt deal gaining steam in Washington, D.C.

August 1, 2011
Associated Press
A crisis-conquering deficit-reduction agreement struck by the White House and congressional leaders after months of partisan rancor picked up momentum Monday.
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Meridian latest brokerage to make affiliation move

August 1, 2011
Cory Schouten
The commercial real estate brokerage Meridian Real Estate is picking up the NAI Global affiliation previously held by Olympia Partners, which folded in January after a 20-year run.
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Cost cutting planned by Integra Bank's new owner

August 1, 2011
 IBJ Staff and Associated Press
Old National Bank President Bob Jones said an undetermined number of jobs will be eliminated, with the bulk of them being branch managers and other management positions.
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Herff Jones completes Varsity Brands acquisition

August 1, 2011
The Indianapolis-based class ring and yearbook maker has completed its acquisition of Memphis-based Varsity Brands, which manufactures and distributes apparel for cheerleading and dance activities.
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Daniels, at peace with presidential decision, running out clock

August 1, 2011
Bloomberg News
Indiana's Mitch Daniels has gone from considering a run for president to finishing out his second and last term as governor.
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Holiday World set to announce plans for $9 million ride

August 1, 2011
Associated Press
A southern Indiana amusement park will mark its 65th anniversary by unveiling plans for a $9 million ride that will be the most expensive in the park's history.
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Lugar: Norquist tax pledge, others hamper Congress

July 31, 2011
Associated Press
Sen. Richard Lugar is the only Republican in the state's Congressional delegation who hasn't signed Norquist's pledge, which requires the signer to "oppose and vote against any and all efforts to increase taxes."
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NFL's new 'salary floor' could challenge ColtsRestricted Content

July 30, 2011
Anthony Schoettle
Bigger player payrolls under the NFL’s new collective bargaining agreement are expected to make life difficult for small-market teams like the Indianapolis Colts.
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Precedent joins ranks of battered developersRestricted Content

July 30, 2011
Cory Schouten
The Precedent Cos.—the local developer of The Precedent Office Park, Mount Comfort Commercial Park and several upscale residential communities in Hamilton and Johnson counties—is winding down operations in an out-of-court restructuring.
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IMS officials to revamp Brickyard 400Restricted Content

July 30, 2011
Anthony Schoettle
Indianapolis Motor Speedway CEO Jeff Belskus has an ambitious plan to “rebrand and reposition” the 18-year-old Brickyard 400 in a bid to fuel big attendance increases beginning next year.
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More life sciences firms opt to launch products in EuropeRestricted Content

July 30, 2011
Maria LaMagna
The U.S. Food and Drug Administration's growing reputation for unpredictability is spurring some Indianapolis companies to join counterparts elsewhere and introduce products in Europe. The upshot is that some Americans may never benefit from innovations occurring in their backyards.
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Indiana life sciences leaders look toward the futureRestricted Content

July 30, 2011
Chris O'Malley
Former Eli Lilly and Co. vice president Richard Dimarchi, BioCrossroads President David Johnson, angel investor Oscar Moralez and Purdue University Senior Vice President Alan Rebar discuss issues ranging from the depth of the life sciences industry in Indiana to venture capital and Purdue's Discovery Park.
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Youth agencies adapting on the fly to new school calendarRestricted Content

July 30, 2011
Kathleen McLaughlin
The Indianapolis Public Schools board voted in November to adopt a calendar that shortens summer vacation and introduces longer fall and spring breaks. The idea is to give kids less time to forget what they’ve learned and provide more opportunities to catch up.
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Indy Met's messy year offers education-reform lessonsRestricted Content

July 30, 2011
Francesca Jarosz, J.K. Wall
Indianapolis Metropolitan High School overhauled its academic program halfway through the school year, and students responded with significantly better performance on state tests. The lesson learned: Flexibility can produce academically superior outcomes.
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Chinese firm aims to hire thousands at Indiana facilityRestricted Content

July 30, 2011
Kathleen McLaughlin
A Chinese entrepreneur intends to open his first U.S. tire-recycling facility in Indiana. Good Time Technology Development is considering vacant industrial sites in Connersville, Kokomo and Muncie.
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Bill Mays to retire from Mays ChemicalRestricted Content

July 30, 2011
J.K. Wall
The most successful black businessman in Indiana plans to retire from the company that bears his name at year-end as part of a transition that ultimately will put his daughter at the helm.
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Eli Lilly's Elanco unit blossoming at just the right timeRestricted Content

July 30, 2011
Greg Andrews
An investment firm projects that the Elanco animal-health business will generate sales of nearly $2 billion by 2012 and surpass $3 billion by 2018.
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Charter school trying to build on test-score progressRestricted Content

July 30, 2011
Francesca Jarosz, J.K. Wall
Indy Met's structured approach helped more students pass algebra, English exams. Now many say the school should work on solidifying its gains.
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Libman resigns from Carmel arts center

July 29, 2011
Kathleen McLaughlin
Steven Libman, CEO of the Center for the Performing Arts in Carmel, resigned late Friday afternoon—less than three months after his contract was extended through 2016.
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Lilly wins appeals court ruling in Strattera patent case

July 29, 2011
Bloomberg News
The U.S. Court of Appeals for the Federal Circuit in Washington, D.C., overturned Friday a judge’s decision that Lilly’s patent on attention-deficit treatment Strattera was invalid.
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Senior housing project replacing retail center

July 29, 2011
Cory Schouten
A run-down former retail plaza along Lafayette Road south of 30th Street will be torn down to make way for a senior housing development.
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Critics knock school superintendent pay-cap idea

July 29, 2011
Associated Press
The suggestion that Indiana lawmakers impose a limit on the pay for school district superintendents doesn't seem to have much support.
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Woman sentenced for illegal immigration service

July 29, 2011
Michael W. Hoskins
M. Esther Barber, who is not an attorney, advertised herself to the Spanish-speaking community as a “notario” who can assist with immigration legal issues.
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Efroymson hands off leadership at iMOCA

July 29, 2011
Kathleen McLaughlin
The founder of the museum of contemporary art, who has worked for the organization unpaid since 2009, presided over a move that doubled its size.
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Duke ignored water issue at Indiana plant, consultant says

July 29, 2011
Chris O'Malley
Utility officials waited seven months to act on hazardous water concerns during construction of its costly Edwardsport plant and banked on winning an exemption, which the EPA later denied.
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  1. Uh, sorry Johnnie, but you are incorrect. Despite the assertions by yourself and various defenders and captains, sports attendance is NOT off significantly at most sporting events in the US. Variances in attendance has been in the range of single digits, both + & - for years now. MLB has had most of its best overall attendance nubers in the last decade, and that trend has been consistent for most major sporting events. The number one issue cited by most fans when asked about attendance is the overall cost of attending. The presence of HD and big screen televisions in home doesn't even register, as a factor for not attending an event. VALUE in the product is the key, and apparently is something lacking in the current ICS. What other explanation is there when with what is routinely touted as the "best" racing on the planet, fans are staying away in DROVES. A "close" title battle into the last event at Fontana, with the "cars and stars" of the ICS, and who showed up? MAYBE 8K. Sorry, but HD TV isn't to blame for that kind of fan apathy.

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  3. If she was worth the $ the public outcry over direct tv dropping them would have kept them on their dishes as we have seen with other companies. I too quit watching channel 13 after she showed up since I left channel 8 because of her all show rather than production results. When Randy on 8 corrected her she had a big head and incorrectly challenged his correction for pronunciation of a city. Other antics while she matures was too much for me with her very inaccurate forecasts. All the forecasters were predicting rain until Thursday except Chris. They predicted sunny on Thursday but instead of rain until Thursday upon which the sun would finally make it out in full glory Chris was right on the money just as I too predicted looking at the radar on weather.gov. One thing I love about Angela is the fear you can see in her every time it thunders in the winter. It far exceeds the entertainment value of her body language (high heel noise drags, depression, etc) when her forecasts are so incorrect. Her hair stands on end, you have to see it!!!

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