News & Analysis

Indianapolis lands Big Ten football title game through 2015

June 5, 2011
 IBJ Staff
Indianapolis outbid Chicago for the rights to host the Big Ten Conference football championship game through 2015 and also landed the 2014 and 2016 title games in men's and women's basketball.
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ISTEP breaches spur closer look at testing

June 5, 2011
Associated Press
Rising concerns about cheating on Indiana's standardized tests have prompted the state Department of Education to keep closer tabs on how the test is administered.
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Colleges hike tuition as state reduces funding

June 5, 2011
Associated Press
Supporters of Indiana's public universities say if state lawmakers continue to reduce state funding for higher education, colleges will keep raising tuition and fees.
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Lilly retiree runs Christamore on smaller budgetRestricted Content

June 4, 2011
Kathleen McLaughlin
Christamore House, a west-side community center that was in danger of closing its doors last year, recently hired an Eli Lilly and Co. retiree as executive director. Bill Scott, 57, took on the job to give back to the Haughville neighborhood where his grandmother and other relatives lived.
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Real estate deals picking up around Fashion MallRestricted Content

June 4, 2011
Cory Schouten
Owners of the Sheraton Indianapolis are converting one of its towers into luxury apartments, and developers are vying to replace the vacant Woodfield Centre.
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Sleepy Klipsch buyer out to make some noiseRestricted Content

June 4, 2011
Kathleen McLaughlin
Audiovox Corp., the Hauppauge, N.Y.-based company that recently bought the high-end audio firm Klipsch Group, hopes to use the $167 million deal to win over Wall Street.
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Kosenes take on ex-partner in courtRestricted Content

June 4, 2011
Cory Schouten
Principals in Kosene & Kosene Development have sued a former partner, claiming he’s trying to cut them out of a city-supported deal to redevelop the former Bank One Operations Center downtown.
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Electric vehicles gain traction in regionRestricted Content

June 4, 2011
Chris O'Malley
Indianapolis has one of the highest concentrations of plug-in electric vehicle drivers in the nation, an industry official says.
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Massive recycling plant in Indianapolis pays off for Republic ServicesRestricted Content

June 4, 2011
Scott Olson
A $4M machine sorts newspaper, glass, plastic quickly from as far away as Evansville.
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Comcast chasing bigger biz clientsRestricted Content

June 4, 2011
Chris O'Malley
The cable giant now is pitching in Indianapolis suburbs its metro Ethernet product to businesses with 20 to 500 employees.
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Black Expo employees lodge complaints against CEO

June 3, 2011
Seventeen employees sign letter to the organization's board of directors complaining that Indiana Black Expo President and CEO Tanya Bell has created a hostile work environment.
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U.S. unemployment rises to 9.1 percent on slow job growth

June 3, 2011
Associated Press
U.S. employers in May added the fewest jobs in eight months, and the unemployment rate inched up to 9.1 percent. The weakening job market raised concerns about an economy hampered by gas prices and the Japanese nuclear disaster.
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Ex-Countrymark CEO’s bid to reduce sentence denied

June 3, 2011
David Swanson had asked a federal judge to vacate or reduce his 12-year prison sentence stemming from his 2002 conviction for wire fraud, money laundering and tax evasion.
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Finish Line settles with former employee

June 3, 2011
The Indianapolis-based athletics retailer agreed to pay $38,000 to the worker after the Equal Employment Opportunity Commission claimed it violated federal law by firing her because of a physical disability.
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Lilly Endowment’s value holds steady at $5.3 billion

June 3, 2011
Scott Olson
Eli Lilly and Co. stock, which accounts for 91 percent of the endowment’s assets, was worth nearly $4.8 billion at the end of 2010, a 2-percent drop over the previous year.
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LEADING QUESTIONS: Influential Miles enjoys wide reach

June 3, 2011
Mason King
LQ_Miles_WatchVideoWhat's the status of the Super Bowl? Mass transit for Indy? Economic development? How is one man so connected? Mark Miles shrugs off "power broker" but fits the bill.
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HHGregg gets 'Help' from Beatles to sell big screens

June 3, 2011
J.K. Wall
The Indianapolis-based retailer launched its first national advertising campaign using the tagline “We Help” and the Beatles song “Help!” as its soundtrack.
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Appraisal services firm plans local expansion, 150 jobs

June 3, 2011
 IBJ Staff
Indianapolis-based StreetLinks Lender Solutions plans to expand its operations, adding 150 employees by 2013, the real estate appraisal management services provider announced Friday morning.
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Officials say bridge project can be changed

June 2, 2011
Associated Press
Officials who want to build two new bridges over the Ohio River and redo a downtown interchange announced Thursday that they've found ways to cut the cost of the project by more than $1 billion.
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Groups eye once-doomed City Market west wing

June 2, 2011
Scott Olson
Although slated for demolition, the City Market's west wing is now generating interest from the Local Initiatives Support Corp. and local chapters of the American Institute of Architects, who want to move there as part of an effort to support neighborhood development.
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Foreclosed Ramada hotel up for auction

June 2, 2011
The hotel on the east side of Indianapolis near Interstate 465 and Pendleton Pike will go up for online auction on Tuesday with a minimum starting bid of $300,000.
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ITT Educational's stock price leaps as feds ease crackdown

June 2, 2011
 IBJ Staff and Bloomberg News
The Obama administration gave for-profit colleges more time to comply with rules that will cut off federal aid to institutions whose students struggle the most to repay their government loans.
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State eyes possible takeover of 18 failing schools

June 1, 2011
Associated Press
State Superintendent of Public Instruction Tony Bennett said it's simply unacceptable to have six straight years of failing schools.
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Government to lose $14B of auto bailout funds

June 1, 2011
Associated Press
The Obama administration said Wednesday that the government will lose about $14 billion in taxpayer funds from the bailout of the U.S. auto industry, a third of the loss officials had initially estimated.
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Roche lands $11M contract at D.C. army medical centers

June 1, 2011
J.K. Wall
Roche Diagnostics Corp. landed an $11.4 million contract to provide laboratory testing services at military hospitals in the Washington, D.C., area.
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  1. These liberals are out of control. They want to drive our economy into the ground and double and triple our electric bills. Sierra Club, stay out of Indy!

  2. These activist liberal judges have gotten out of control. Thankfully we have a sensible supreme court that overturns their absurd rulings!

  3. Maybe they shouldn't be throwing money at the IRL or whatever they call it now. Probably should save that money for actual operations.

  4. For you central Indiana folks that don't know what a good pizza is, Aurelio's will take care of that. There are some good pizza places in central Indiana but nothing like this!!!

  5. I am troubled with this whole string of comments as I am not sure anyone pointed out that many of the "high paying" positions have been eliminated identified by asterisks as of fiscal year 2012. That indicates to me that the hospitals are making responsible yet difficult decisions and eliminating heavy paying positions. To make this more problematic, we have created a society of "entitlement" where individuals believe they should receive free services at no cost to them. I have yet to get a house repair done at no cost nor have I taken my car that is out of warranty for repair for free repair expecting the government to pay for it even though it is the second largest investment one makes in their life besides purchasing a home. Yet, we continue to hear verbal and aggressive abuse from the consumer who expects free services and have to reward them as a result of HCAHPS surveys which we have no influence over as it is 3rd party required by CMS. Peel the onion and get to the root of the problem...you will find that society has created the problem and our current political landscape and not the people who were fortunate to lead healthcare in the right direction before becoming distorted. As a side note, I had a friend sit in an ED in Canada for nearly two days prior to being evaluated and then finally...3 months later got a CT of the head. You pay for what you get...

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