News & Analysis

Stock slides as HHGregg stores riseRestricted Content

May 7, 2011
Cory Schouten
HHGregg Inc. continues to plow into new markets, opening an average of one store a week, even as Wall Street is feeling less gung-ho about the prospects for such a fast-growing brick-and-mortar electronics chain.
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Event promoter Compton teams with high schools to raise moneyRestricted Content

May 7, 2011
Anthony Schoettle
Proceeds from tribute-band concerts go to athletic programs, music departments and other school offerings that have lost funding.
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Law firms inch back toward hiring modeRestricted Content

May 7, 2011
Katie Maurer
Improved economy boosts prospects, modestly, for new grads.
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Next library CEO faces great expectationsRestricted Content

May 7, 2011
Kathleen McLaughlin
A search is under way for a successor to Indianapolis-Marion County Public Library CEO Laura Bramble, who plans to retire, and expectations from all quarters are high.
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New laws hang teacher pay on performance

May 7, 2011
J.K. Wall
Charters and vouchers may have sparked the loudest education-related protests before the Legislature this year, but changes to teacher evaluations are likely to have the biggest impact on Indiana’s public schools.
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How key bills fared during 2011 legislative sessionRestricted Content

May 7, 2011
Tom Harton, Francesca Jarosz, Chris O'Malley, Scott Olson, Associated Press
Indiana senators and representatives debated a wide range of bills with significant business implications during the 2011 session of the General Assembly, which wrapped up April 29.
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Legislating pay: Description of Senate Bill 1Restricted Content

May 7, 2011
J.K. Wall
Senate Bill 1, which takes effect July 1, will make teacher pay far more complex. To determine a teacher’s annual pay increase, school districts now can count experience and education as no more than 33 percent of the compensation equation.
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Endocyte's potential enthralls investorsRestricted Content

May 7, 2011
Chris O'Malley
Shares of Endocyte Inc. have doubled since the company’s initial public offering in February—even though the common wisdom is it won’t see sales from its first cancer drug until 2014.
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Men's store Jos. A. Bank plans downtown location

May 6, 2011
Cory Schouten
The men's clothing chain Jos. A. Bank plans to open a new store at Meridian and Washington streets in a much-needed vote of confidence for street-level retail downtown.
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State revokes Fishers money manager's license

May 6, 2011
Scott Olson
The Indiana Secretary of State’s Office has revoked the financial advising license of Fishers money manager Keenan Hauke, who is being investigated by the office over financial irregularities involving a hedge fund he operates.
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Economy adds 244,000 jobs, but unemployment rate ticks up

May 6, 2011
Associated Press
The job gains were widespread. Retailers, factories, financial companies, education and health care and even construction companies all added jobs. Federal, state and local governments cut jobs.
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Kite Realty Trust reports wider first-quarter loss

May 6, 2011
 IBJ Staff
Indianapolis-based Kite Realty Group Trust on Friday reported a wider first-quarter loss than a year ago thanks to declining revenue and a big dividend payment to preferred shareholders.
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Tech firm Slingshot expanding, plans 114 more jobs

May 6, 2011
 IBJ Staff
Indianapolis-based Slingshot SEO Inc., founded by three friends from Zionsville High School, plans to expand operations in Indianapolis, adding 114 more employees by 2013, economic development executives announced Friday morning.
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Airport seeks broker to market ex-ATA HQ

May 5, 2011
Chris O'Malley
The Indianapolis Airport Authority plans to hire a broker to market the 16.5-acre campus along Washington Street near Indianapolis International Airport once used by ATA Airlines. It has been vacant for three years.
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East-side apartment complex facing foreclosure

May 5, 2011
One West Bank in California says it is owed nearly $3.3 million, and is seeking to foreclose on Red Mill Apartments near East 38th Street and North Franklin Road.
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Medical device manufacturer seeks abatement

May 5, 2011
Indianapolis-based Medivative Technologies plans to build a 9,000-square-foot addition to its east-side facility and spend $2.5 million to equip it. The expansion should create 15 jobs.
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Eli Lilly pledges $2.5 million to Mind Trust

May 5, 2011
J.K. Wall
Eli Lilly and Co. plans to give $2.5 million toward a new fundraising campaign by the Mind Trust, an Indianapolis-based education reform group.
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Pence to enter race for Indiana governor

May 5, 2011
Associated Press
To no one's surprise, Republican Rep. Mike Pence said Thursday morning that he'll run for Indiana governor in 2012, giving the GOP an early edge in the race.
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Disasters sink Baldwin & Lyons quarterly results

May 5, 2011
 IBJ Staff
Earthquakes and flooding took a toll on Baldwin & Lyons Inc.’s first quarter results, the Indianapolis-based insurer announced Thursday morning.
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Justice Department to NCAA: Why no football playoff?

May 5, 2011
Associated Press
The U.S. Justice Department says there are "serious questions" about whether the current format of the college football playoff system complies with antitrust laws.
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House panel moves to revive alternate jet engine

May 4, 2011
Associated Press
A U.S. House panel on Wednesday took a step toward reviving the alternate engine for the next-generation F-35 fighter plane that the Indianapolis operations of Rolls-Royce Corp. had been working on until a month ago.
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Panel to rule in June on election chief challenge

May 4, 2011
Associated Press
The Indiana Recount Commission agreed Wednesday to rule by late June on whether indicted secretary of state Charlie White was eligible for office when he was elected six months ago.
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Butler University student wins Frankfort mayoral nod

May 4, 2011
Associated Press
A 23-year-old Butler University student is now a step away from becoming mayor of a small central Indiana city.
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LEADING QUESTIONS: Fast-growing firm handles ascent

May 4, 2011
Mason King
LQ_Meyer_watch VideoMichele Meyer, a former Air Force brat, piloted CSCI Consulting to 850 percent revenue growth over four years. So, why is her advice to "start small"? What obstacles await when a firm takes off?
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Kitchen incubator celebrates graduation of first user

May 4, 2011
Avec Moi, a company that prepares meals to go, is moving to a permanent home at 701 E. 62nd St. In recognition of the event, the city of Indianapolis awarded Indy's Kitchen a $17,000 grant.
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  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

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