News & Analysis

Legislation would allow vote centers in all counties

January 10, 2011
Associated Press
A bill that would allow all 92 Indiana counties to set up centralized voting centers instead of traditional precinct polling places has unanimously cleared a state Senate committee.
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Tiny bank claims Stifel Nicolaus duped it on securities

January 10, 2011
J.K. Wall
The Peoples State Bank of Ellettsville says it was duped three years ago into investing more than $13 million into auction-rate securities just before those markets froze up. Now it's suing its broker, Stifel Nicolaus & Co., to get the money back.
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Closed dental company working to transfer patients

January 10, 2011
Associated Press
Citing cash-flow problems, Allcare Dental and Dentures shut down operations in 14 states, including Indiana, last week.
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Local ad agency wins Scotts account

January 10, 2011
Young & Laramore will coordinate national ad campaigns for the Marysville, Ohio-based Scotts LawnService. With 46 employees, Y&L is the third-largest ad agency in Indianapolis.
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Kokomo plant closure affects 75 workers

January 10, 2011
Kansas City-based Milbank Manufacturing Co. said it will close its Howard County plant sometime between March 8 and March 22. Milbank makes electric meter sockets.
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Lilly's Solpura may lack data to prove effectiveness

January 10, 2011
Bloomberg News
Outside advisers to the FDA will meet Jan. 12 to review whether the drug should be approved for people with pancreas insufficiency caused by cystic fibrosis, chronic pancreatitis or other conditions.
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Duke Energy plans acquisition, new CEO

January 10, 2011
Bloomberg News
Duke Energy Corp. announced Monday an agreement to buy Progress Energy Inc. and put Progress CEO William Johnson in charge of what will be the largest U.S. utility.
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Ratio Architects acquires North Carolina firm

January 10, 2011
Scott Olson
Ratio Architects Inc., the area's fourth-largest architectural firm, has acquired Cherry Huffman Architects in Raleigh, N.C.
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NFL playoffs' first 2 games set ratings milestones

January 9, 2011
Associated Press
The New York Jets' last-second 17-16 victory over the Indianapolis Colts earned the highest rating since the NFL began airing prime-time wild card games in 2002.
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Lawmaker wants homeowners to pay for pond safety

January 9, 2011
Associated Press
An Indiana lawmaker worried about the dangers posed by retention ponds wants nearby homeowners to foot the bill of erecting safety barriers such as guardrails.
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WTHR hires news director

January 8, 2011
 IBJ Staff
Television news veteran Keith Connors will join WTHR-TV Channel 13 as news director Jan. 12, the local station announced Friday.
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Palladium not alone in playing up acoustics

January 8, 2011
Kathleen McLaughlin
The new Center for the Performing Arts in Carmel and other arts organizations are promoting the quality of their venues' acoustics, but does the paying public really care?
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Engineering firm exec started at the bottom

January 8, 2011
Ann Finch
Donna Gadient has risen to the top ranks of engineering firm R.W. Armstrong through hard work, and without a college education.
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Daniels shifts aim to education reform

January 8, 2011
J.K. Wall
Education reform is taking on greater priority after governor incomes misses an ambitious goal of raising Hoosier incomes.
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WGU Indiana provides more access to coursesRestricted Content

January 8, 2011
Scott Olson
Students now can use scholarships to pay Western Governors University tuition.
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Marion, Ind., chain balloons to 620 mobile-phone storesRestricted Content

January 8, 2011
Cory Schouten
The chain’s growth got a boost last year when it landed a deal to operate 164 cellular shops inside HHGregg stores.
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Real estate brokers scrambling for national partnershipsRestricted Content

January 8, 2011
Cory Schouten
Top commercial real estate firms have been playing a name game of late, picking up or dropping national affiliations in a broad realignment of the city’s brokerage business.
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Aprimo sale may usher in 'new wave' of tech dealsRestricted Content

January 8, 2011
Chris O'Malley
Observers say conditions are ripening for more deals like the recent $525 million sale of Aprimo Inc. in the months ahead—not only among IT firms, but also among biotech companies here.
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Chamber props up graduation initiativeRestricted Content

January 8, 2011
J.K. Wall
A cash crunch at its Common Goal education program forced the Greater Indianapolis Chamber of Commerce this month to start covering the program’s bills out of its coffers.
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Convention Center expansion is high-stakes gamble

January 8, 2011
Anthony Schoettle
With the $275 million Indiana Convention Center expansion built and set to open Jan. 20, one major question remains: Will enough conventions, trade shows and corporate meetings come here to make the big-dollar investment pay off?
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INSIDE DISH: Recess owner keeps it simple, plans expansion

January 7, 2011
Mason King
Recess Watch VideoAfter initial trepidation over its chef-centric concept and urban location, Recess' Greg Hardesty plans to open another school-themed eatery.
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Evans exits mayor's race, supports Kennedy

January 7, 2011
J.K. Wall
Democratic City-County Councillor Jose Evans follows Indianapolis businessman Brian Williams out of the race to challenge Republican Mayor Greg Ballard.
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NHRA moves tech department to Indianapolis

January 7, 2011
Anthony Schoettle
The California-based National Hot Rod Association said Thursday that it is moving its technical department headquarters to Indianapolis to be closer to many of its race teams headquartered here.
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Marsh hit with second federal labor charge

January 7, 2011
Scott Olson
National Labor Relations Board accuses supermarket chain of intimidating employees at its Beech Grove store for supporting an attempt to unionize. The charges follow a similar complaint NLRB made in November involving Marsh's Georgetown Road store.
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Audiovox agrees to buy local speaker maker Klipsch

January 7, 2011
 IBJ Staff
Audiovox said in a statement, though, that the deal is "subject to a number of contingencies." Indianapolis-based Klipsch was founded in 1945 and has 130 local employees.
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  1. So much for Eric Holder's conversation about race. If white people have got something to say, they get sued over it. Bottom line: white people have un-freer speech than others as a consequence of the misnamed "Civil rights laws."

  2. I agree, having seen three shows, that I was less than wowed. Disappointing!!

  3. Start drilling, start fracking, and start using our own energy. Other states have enriched their citizens and nearly elminated unemployment by using these resources that are on private land. If you are against the 'low prices' of discount stores, the best way to allow shoppers more choice is to empower them with better earnings. NOT through manipulated gov mandated min wage hikes, but better jobs and higher competitive pay. This would be direct result of using our own energy resources, yet Obama knows that Americans who arent dependent of gov welfare are much less likely to vote Dem, so he looks for ways to ensure America's decline and keep its citizens dependent of gov.

  4. Say It Loud, I'm Black and Ashamed: It's too bad that with certain "black" entertainment events, it seems violence and thuggery follows and the collateral damage that it leaves behinds continues to be a strain on the city in terms of people getting hurt, killed or becoming victims of crimes and/or stretching city resources. I remember shopping in the Meadows area years ago until violence and crime ended make most of the business pack you and leave as did with Lafayette Square and Washington Square. Over the past 10 to 12 years, I remember going to the Indiana Black Expo Soul Picnic in Washington Park. Violence, gang fights and homicides ended that. My great grandmother still bears the scares on her leg from when she was trampled by a group of thugs running from gun fire from a rival gang. With hundreds of police offices downtown still multiple shootings, people getting shot downtown during Black Expo. A number of people getting shots or murdered at black clubs around the city like Club Six on the west side, The Industry downtown, Jamal Tinsley's shot out in front of the Conrad, multiple fights and shootings at the skating rinks, shootings at Circle Center Mall and shooting and robberies and car jackings at Lafayette Mall. Shootings and gang violence and the State Fair. I can go on and on and on. Now Broad Ripple. (Shaking head side to side) Say It Loud, I'm Black and I'm Ashamed.

  5. Ballard Administration. Too funny. This is the least fiscally responsive administration I have ever seen. One thing this article failed to mention, is that the Hoosier State line delivers rail cars to the Amtrak Beech Grove maintenance facility for refurbishment. That's an economic development issue. And the jobs there are high-paying. That alone is worth the City's investment.

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