News & Analysis

Indiana welfare workers indicted for stealing $191K

May 24, 2011
Associated Press
U.S. Attorney Joe Hogsett said Tuesday the three created 126 benefit cards in the names of welfare clients and used them to withdraw money at bank machines, buy retail goods and sell them from 2008 until April 2010.
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Children's Museum holds key to Winona redevelopment

May 24, 2011
Kathleen McLaughlin
The Children’s Museum of Indianapolis is playing the role of lead developer for the abandoned Winona Hospital site.
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Auburn auction school acquired, moving to Indianapolis

May 24, 2011
Auctioneer Melissa Davis and her father, Jack Christy, owner of Christy's of Indiana Inc., have purchased the 90-year-old Reppert Auction School and are relocating it to Indianapolis.
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Merrillville-based bank targets Carmel

May 24, 2011
 IBJ Staff
Centier Bank, a financial firm with 45 branches in northwest Indiana, has opened a business banking office in Carmel and is considering future expansion in the Indianapolis-area market.
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Veritas Realty owner sells stake to partner

May 24, 2011
Cory Schouten
Veteran developer Danny Marr has sold his stake in Indianapolis-based Veritas Realty to a partner and plans to work as a residential real estate agent in Florida.
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Indiana universities face questions over tuition increases

May 23, 2011
Associated Press
Indiana's top higher education official warned Monday that legislators may demand explanations from public colleges and universities if the schools approve tuition hikes in excess of caps recently suggested by a state panel.
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Feds review Indiana law targeting Planned Parenthood

May 23, 2011
Associated Press
Federal officials said Monday they're taking a hard look at a new Indiana law that withholds some public funding for Planned Parenthood of Indiana, a development that could cost the state some of its Medicaid funding.
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Indiana GOP chair: Daniels to help shape 2012 debate

May 23, 2011
Associated Press
Indiana Gov. Mitch Daniels will continue to influence the national debate surrounding the 2012 presidential campaign even though he isn't a candidate, the leader of Indiana's Republican Party said Monday.
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Simon Property to develop outlet center in Canada

May 23, 2011
Associated Press
Indianapolis-based Simon Property Group Inc. said Monday that it will open an outlet shopping center in Ontario, the first of the shopping mall owner's line of Premium Outlets-brand shopping centers in Canada.
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IU Health buying docs in hospital ventures

May 23, 2011
J.K. Wall
Indiana University Health is now quietly unwinding the physician ownership of its hospitals in Carmel and Avon—which sparked loud controversy when they opened in 2004 and 2005.
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OrthoIndy looks to loopholes for growth

May 23, 2011
J.K. Wall
OrthoIndy, the physician practice that owns the Indiana Orthopaedic Hospital, was able to open a new outpatient facility this spring by working around growth restrictions in the 2010 health care reform law. But its choices for further growth are much starker—which is why it's lobbying to repeal that provision of the law.
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Q&A

May 23, 2011
J.K. Wall
Bob Brody, CEO of Franciscan St. Francis Health, which operates three hospitals in central Indiana as part of the 13-hospital Franciscan Alliance system, discussed the rationale for its decision to take control of Visiting Nurse Service Inc.
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Lawyers for Marsh Supermarkets can’t depose David Marsh

May 23, 2011
Scott Olson
A federal magistrate ruled in favor of David Marsh in an attempt by lawyers for Marsh Supermarkets to depose him in the company's lawsuit against his father, ex-CEO Don Marsh.
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Indiana companies attracting more VC this year, report says

May 23, 2011
Francesca Jarosz
The $68.6 million invested in Indiana companies through the first quarter comes close to approaching the $79.3 million total that venture capital firms invested in the state in all of 2010.
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Lilly licenses Xigris rights to new biotech firm

May 23, 2011
J.K. Wall
Eli Lilly and Co. has agreed to license the U.S. marketing rights of its slow-selling sepsis drug Xigris to a newly created local biotech company called BioCritica that will seek to reinvigorate sales of the medication.
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Purdue proposes international student fee hikes

May 23, 2011
Associated Press
Under the proposed increases, foreign students enrolling this summer would pay an additional $1,000 on top of 3.8-percent tuition increases for all out-of-state students. Purdue also has proposed a $2,000 fee for 2012-13 academic year.
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Governor's race shaping up to be entertaining

May 23, 2011
Associated Press
Indiana's 2012 gubernatorial race features two strong front runners. Democrat John Gregg is a gregarious and folksy former House Speaker. Republican U.S. Rep. Mike Pence is an outspoken and articulate conservative.
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Straub: Funding cut poses no threat to Super Bowl security

May 23, 2011
Kathleen McLaughlin
The Indianapolis metropolitan area is among 33 nationwide that have been eliminated from a federal Homeland Security grant program for 2011.
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Daniels ends speculation, decides against run for presidency

May 22, 2011
Associated Press
In overnight e-mail to supporters, Indiana Gov. Mitch Daniels cites family considerations as reason he will stay out of race.
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Smoking agency to remain intact within department of health

May 21, 2011
Associated Press
Agency's advocates express relief but say new structure leaves anti-smoking efforts vulnerable to politics.
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Is INDOT bypassing public on planning?Restricted Content

May 21, 2011
Chris O'Malley
Groups that perennially press the Indiana Department of Transportation to broaden its vision of mobility beyond highways now accuse the agency of “significant ineptitude or willful disregard” in eliciting public input.
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Art Center shakeup raising concernsRestricted Content

May 21, 2011
Kathleen McLaughlin
Indianapolis Art Center CEO Carter Wolf is drawing fire from some quarters over a staff shakeup that he says is needed to grow enrollment at the Broad Ripple not-for-profit. But Wolf insists that won't hinder progress.
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ExactTarget stays patient as riches from IPO awaitRestricted Content

May 21, 2011
Greg Andrews
CEO Scott Dorsey says remaining private in the short term allows the company to more easily exploit business opportunities on the horizon.
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Indianapolis entrepreneurs rescue Choc-Ola from oblivion

May 21, 2011
Cory Schouten
The chocolate beverage Choc-Ola, launched in the 1940s and pitched to a generation of fans in the 1970s by Cowboy Bob on WTTV-4, is hitting store shelves again. South-side entrepreneurs Dan Iaria and Joe Wolfla are leading its comeback, landing an 18-state distribution deal.
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New TIF districts could spur urban development

May 21, 2011
Francesca Jarosz
Indianapolis leaders have targeted four core urban areas for renewal, taking steps to create new tax-increment-financing districts to seed economic development there.
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