News & Analysis

Indiana State Fair emergency plan just 1 page

August 16, 2011
Associated Press
An emergency plan outlining what to do if severe weather threatens the Indiana State Fair takes up a single page and does not mention the potential for evacuations.
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First Financial buying Flagstar's 22 Indiana branches

August 16, 2011
Greg Andrews
First Financial said the $23 million purchase gives it a rare opportunity to expand its presence in the Indianapolis metro area at a time there are few acquisition targets available.
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Durham asks to move back into his mansion

August 16, 2011
Scott Olson
Indicted financier Tim Durham has asked a federal judge to allow him to move from his sister's home in Geist back to his 20,000-square-foot mansion. Durham has been living with his sister on home detention since his April arrest.
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Court affirms Murat Centre renaming decision

August 16, 2011
A state appellate court upheld a lower court's dismissal of a lawsuit that sought to block the Old National Centre naming rights deal.
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City to give Angie's List $4.6M to buy properties for expansion

August 16, 2011
Kathleen McLaughlin
Money for real estate acquisition is a major component of the $7.1 million in incentives the city of Indianapolis offered Angie's List Inc. for expanding its headquarters campus to accommodate 500 more employees.
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Arcadia Resources to delist stock amid cash crunch

August 16, 2011
J.K. Wall
Arcadia Resources Inc.'s share price dwindled to just 5 cents as of late Tuesday morning, following the company's announcement that it was delisting its stock and had suffered another quarterly loss.
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Angie's List plans 500 jobs in headquarters expansion

August 16, 2011
 IBJ Staff
Angie’s List Inc.,  the fast-growing company that provides customer-review services in 200-plus markets, plans to expand its Indianapolis headquarters, creating up to 500 new jobs by 2015, it announced Tuesday morning.
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Adesa to acquire online auction firm for $210M

August 16, 2011
Adesa said it plans to acquire Redwood City, Calif.-based OpenLane Inc. for $210 million in cash. OpenLane expects to sell more than 300,000 vehicles to dealers this year and generate about $100 million in revenue.
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Local architecture firm moving HQ to former church

August 16, 2011
Cory Schouten
The architecture firm A2SO4 plans to spend about $1 million to renovate a long-vacant former Catholic church near the Lockerbie neighborhood as its new headquarters.
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Lockheed Martin eliminating 47 call center jobs

August 15, 2011
The defense contractor notified state officials on Monday that the job cuts are a result of its decision to relocate the HR Access and Transportation Worker Identification Credentials programs.
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Judge denies request to block state voucher program

August 15, 2011
Associated Press
A judge Monday declined to halt Indiana's broad new school voucher program, saying the law was "religion-neutral" and likely to be upheld.
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State fair foundation sets up fund for victims

August 15, 2011
Kathleen McLaughlin
Hoosiers have already given thousands of dollars to the Indiana State Fair to help victims of Saturday's stage collapse.
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City chamber of commerce, Develop Indy might merge

August 15, 2011
Kathleen McLaughlin
Chamber Chairman John Neighbours said he "wouldn't rule out" combining the economic development groups.
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Indiana State Fair reopens, honors five killed in stage collapse

August 15, 2011
Associated Press
Indiana Gov. Mitch Daniels told hundreds of people who gathered Monday for a service to remember five people killed when a stage collapsed at the Indiana State Fair that the tragedy has broken the hearts of the state's residents.
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Steak n Shake reports higher same-store sales

August 15, 2011
Same-store sales grew during the fiscal third quarter 4.9 percent, helping revenue during the three-month period climb 4.5 percent, to $165.2 million.
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Former flight management firm owner pleads guilty to fraud

August 15, 2011
 IBJ Staff and Associated Press
David A. Chaisson is one of two men charged in separate schemes to defraud Ryan International Airlines. Prosecutors say the schemes involved kickback payments in exchange for business.
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IU Health fights Franciscan over family doc

August 15, 2011
J.K. Wall
IU Health Morgan Hospital sued Dr. Dianna Boyer on Aug. 3 to stop her from moving her practice to a facility Franciscan St. Francis Health is building in Martinsville.
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Anthem not quite so dominant

August 15, 2011
J.K. Wall
Revised Insurance Department data show the Indianapolis-based carrier claims about 60 percent of the individual health insurance market in Indiana, down from a previously reported 65 percent.
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Landmark water tower could be razed in Greenwood

August 14, 2011
Associated Press
A central Indiana water tower that once served as a local landmark for residents is being targeted for demolition because officials say it poses a safety hazard to a nearby airport.
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UPDATE: Tragedy prompts fair to cancel some events

August 14, 2011
Associated Press
Fair organizers plan to reopen Monday with a memorial service for the victims.
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Art advocates will take advantage of Super Bowl spotlight

August 14, 2011
Kathleen McLaughlin
An exhibition inside the unused former city hall is one of several art happenings planned around Super Bowl XLVI. The host committee, through its arts and culture subcommittee, is trying to integrate the arts to a degree not seen in other host cities.
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Federal cuts in training funds hit at awkward timeRestricted Content

August 13, 2011
Francesca Jarosz
Funding for the state’s work-force-development agencies to help Hoosiers develop job skills has fallen sharply, even as unemployment remains high and the economy is still shaky.
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Locally produced adventure show reaches 95 million homesRestricted Content

August 13, 2011
Anthony Schoettle
Eddie Brochin, a lifelong outdoorsman who began leading hunting and fishing expeditions in the late 1990s, now chronicles his adventures in his own TV show, "Ultimate Outdoors with Eddie Brochin."
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Local lawyers specialize in representing lawyersRestricted Content

August 13, 2011
Scott Olson
Kevin McGoff and Don Lundberg are go-to guys for Indiana attorneys needing counsel.
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Fundraising starts slowly for Indiana student loan programRestricted Content

August 13, 2011
Andrew Smith
The slow economy is hurting progress on an endowment that would help pro bono lawyers repay debt.
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