News & Analysis

Anonymous donor gives $5 million to Marian University

October 8, 2009
 IBJ Staff
Marian University has received an anonymous $5 million gift to support student scholarships, the Indianapolis-based school announced Wednesday.
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Accuride restructuring under Chapter 11 bankruptcy

October 8, 2009
Evansville-based Accuride Corp. filed for Chapter 11 bankruptcy protection Thursday as part of a restructuring of debt.
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Controversial downtown project to get tax abatement

October 7, 2009
Scott Olson
The Indianapolis Metropolitan Development Commission approved a 10-year tax abatement Wednesday afternoon for a controversial public-private plan to redevelop a vacant downtown office building.
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Lilly settles Zyprexa suit with S. Carolina

October 7, 2009
 IBJ Staff
Eli Lilly and Co. has agreed to settle the State of South Carolina's lawsuit that claimed Lilly improperly marketed the antipsychotic drug Zyprexa, according to Bloomberg News.
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Fever exec 'confident' about team's future

October 7, 2009
Scott Olson
As the Indiana Fever try to win their first WNBA championship, an executive with the team's parent organization is optimistic the women’s basketball squad will remain in Indianapolis.
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Symphony musicians, management take big pay cuts

October 7, 2009
Kathleen McLaughlin
Indianapolis Symphony Orchestra musicians will take a 12-percent pay cut this year, saving the cash-strapped organization $4 million. Management-side salary reductions should save another $2 million.
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IU: Indiana economy turned in March

October 7, 2009
Norm Heikens
The Indiana economy turned up in March, but the recovery has been slow and dogged. That's the picture painted by a new monthly index unveiled Wednesday by the Indiana Business Research Center within the Kelley School of Business at Indiana University.
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Senate bill doesn't fund Rolls-Royce jet engine

October 7, 2009
 IBJ Staff and Associated Press
The measure holds potential bad news for Indianapolis engine maker Rolls-Royce because it does not contain funding for a key jet engine the company produces, but lawmakers are expected to restore funding when the Senate and House combine bills into a final version.
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'Makeover' making another trip to central Indiana

October 7, 2009
 IBJ Staff
Popular ABC show 'Extreme Makeover: Home Edition' is returning to central Indiana.
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Cummins recalling more workers to Indiana engine plant

October 7, 2009
Andrea Muirragui Davis
Enginemaker Cummins Inc. is temporarily adding a second production shift at its MidRange Engine Plant south of Columbus, recalling as many as 270 workers who had been laid off or transferred to other facilities when it was idled in May.
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Cabela's puts Greenwood property up for sale

October 7, 2009
Cabela's is selling the land on which it had planned to build a store in Greenwood.
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Ivy Tech building new campus in Anderson

October 7, 2009
 IBJ Staff and Associated Press
Ivy Tech Community College will build a $20 million campus along Interstate 69 in Anderson, school and city officials announced Tuesday.
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Remy unveils 'off the shelf' electric motor

October 6, 2009
Chris O'Malley
Pendleton-based Remy International today formally unveiled its 'off the shelf' electric motors for hybrid vehicles.
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IT consultant up for tax abatement

October 6, 2009
Cory Schoute
A city board this week will consider tax abatements worth about $47,000 over six years for Indianapolis-based IT consultant Apparatus Inc., which is moving its headquarters to the former WFYI building at 1401 N. Meridian St.
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Indy Partnership's Web site, newsletter recognized

October 6, 2009
Indy Partnership has been chosen to receive three Excellence in Economic Development Awards today at the International Economic Development Council's annual conference in Reno, Nev.
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Logistics firm expanding headquarters in Greenwood

October 6, 2009
Greenwood-based Avram Worldwide said today that it will expand its headquarters and distribution operations in the city, and plans to create 78 jobs by 2013.
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Fishers officials propose huge medical park

October 5, 2009
 IBJ Staff
Fishers development officials anticipate unveiling plans for a huge medical business park near Interstate 69's Exit 10 Wednesday night at the town's regular council meeting.
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Council to hear plan for stricter smoking ban

October 5, 2009
Scott Olson
A proposal that would prevent smokers from lighting up in all indoor public places in Marion County is expected to meet fierce resistance from bar owners who oppose a stricter smoking ban.
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IU sees $63M revenue boost from enrollment jump

October 3, 2009
Associated Press
Indiana University officials say this school year's record enrollment is leading to nearly $63 million in unexpected revenue for its campuses across the state.
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Indianapolis Colts, other small-market NFL teams at risk if salary cap ends

October 3, 2009
Anthony Schoettle
The prospect of a 2010 National Football League season without a players’ salary cap could cause high-profile free agents for the Colts and other small-market teams to gallop off for greener pastures.
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Camera retailer Roberts adjusts to the times, plans new store

October 3, 2009
Cory Schouten
The home-grown retailer lately has sought to supply cameras for government and law-enforcement entities as its once-reliable newspaper clientele scales back.
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Overhaul of teacher training threatens college budgets

October 3, 2009
J.K. Wall
Proposed changes to teacher licensing rules are a threat in the eyes of most deans of Indiana’s colleges of education—both to the quality of teacher training and to the budgets of the colleges.
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Charter school may take over rest of former Herron Art Institute

October 3, 2009
Cory Schouten
Plans for residential development on the site stalled as the housing market plummeted and recession set in.
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FDIC fee hitting small banks particularly hardRestricted Content

October 3, 2009
Scott Olson
Fees imposed on U.S. banks to rebuild a Federal Deposit Insurance Corp. fund nearly depleted by scores of bank failures is expected to sap profits of small financial institutions. Community banks with less income than their larger counterparts are particularly at risk of having their 2009 earnings erased by the charges after an emergency fee on banks took effect June 30.
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Carmel performing arts center betting big on fund raisingRestricted Content

October 3, 2009
Kathleen McLaughlin
Carmel’s $137 million performing arts center is still a year from completion, but Executive Director Steven Libman already is pounding the pavement for donations.
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  1. The Fringe! Plus, the simple fact that there are so many local faves in such close proximity to each other.

  2. I remenber, watching the toll road, being built, through South Bend, when I was 10 years old. I believe, back then that it was estimated, that the toll road, would be paid for in 20 years and then it would be free. I am now 71, what happened? Since the power is in the people, by that, I mean that, we the people are in total control of everything. I, suggest that no one ever use the toll road again, let it go broke. We the people can control the price of everything, from groceries to gas, if we would just do it. If we don't pay the asking price, the sellers will lower the price and if we wait awhile, they will lower the price to what we accept as reasonable. I would like to know why a highway like interstate 94, is so well maintained, a much better highway, than the toll road, but has no tolls. I would also like to know why, a sitting governor, with a term limit, maximum of eight years, can lease, public property, for 75 years. Even though I have transponders in both of my trucks and will not be affected by the increase, I have been and will contine to avoid using the toll road. I make many trips from northern Indiana to Chicago, every year, and I prefer the better highway, I94!

  3. Coming from her background,she should be used to those kinds of advances! Menard probably figured it was ok to tuck a buck!

  4. I'm still waiting for the list of available, high quality apartments in the Village.

  5. This criminal masquerading as a lawyer obviously has serious issues. He’s been proven by his own testimony to be a pathological liar and probably has a personality disorder as he seems to be constructing a reality around himself. He places no value on truth, honesty or loyalty as evidenced by what he has done to his clients and his own family. And by the demands and lies he has made in court, it is evident he feels entitled to do and say whatever suits his purpose and everyone else is expected to nod obediently and believe him because he is, after all, Bill Super Lawyer; or BS lawyer for short. This millionaire wanna-be no longer owns anything of value; he squandered it and put everything he had into foreclosure. He has no money, house, car, boat or vacation home left to show for what he earned or what he stole. He’s just another loser without morals who will be doing time. I’m certain all of his courtroom shenanigans are antagonizing his poor victims. As Lamar said, his behavior and claims in court have been outrageous. The judge needs to be more than concerned; he needs to be judicial and end this nonsense.

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