News & Analysis

Hancock County utilities set to proceed with merger

November 3, 2010
Scott Olson
Consolidation of Central Indiana Power and Hancock Telecom will become official on Jan. 1. It took a change in state law to allow the merger to proceed.
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City commission set to approve refinery plans

November 3, 2010
The Metropolitan Development Commission is expected Wednesday afternoon to approve Heritage-Crystal Clean Inc.'s plan to build its first used oil re-refinery, on West 10th Street. The project is estimated to cost $40 million and should create 55 jobs by 2013.
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Seeking growth, Lilly dumps Singapore for China

November 3, 2010
J.K. Wall
After recently deciding to close a research center in Singapore, Indianapolis-based Eli Lilly and Co. has decided to open a diabetes research center in China in the second half of 2011, further ramping up the drugmaker's presence in the world's fastest-growing pharmaceutical market.
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Q&A: Jim Hamilton

November 3, 2010
J.K. Wall
Jim Hamilton, an employee-benefits lawyer at Bose McKinney & Evans in Indianapolis, discussed the likelihood of a Republican-controlled U.S. House of Representatives changing or even outright repealing the health care reform law, formally known as the Patient Protection and Affordable Care Act.
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WellPoint boosts third-quarter profit, raises forecast

November 3, 2010
J.K. Wall
The Indianapolis-based health insurer raised its full-year profit forecast by 20 cents per share, after lower-than-expected claims and lower administrative costs increased third-quarter profit by 1 percent.
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After 2008 change, Indiana returns to GOP roots

November 3, 2010
Associated Press
Republicans picked up the U.S. Senate seat vacated by Democrat Evan Bayh and two southern Indiana congressional seats that had been held by Democrats. They also appeared poised to claim a two-thirds majority in the Indiana Senate and take control of the state House of Representatives.
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School referendums voted down in several districts

November 2, 2010
 IBJ Staff
Voters shot down school referendums in several central Indiana districts Tuesday, including Zionsville, Anderson, Center Grove, Mount Vernon, Shelby County and Elwood.
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GOP takes 2 Indiana congressional seats from Dems

November 2, 2010
Associated Press
Republicans defeated Democratic Rep. Baron Hill and captured another seat Tuesday that the party had targeted as part of its effort to win control of the U.S. House, but Rep. Joe Donnelly prevented a GOP sweep of Indiana's three swing districts.
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Democrats win prosecutor's race, other Marion County seats

November 2, 2010
 IBJ Staff
Democrat Terry Curry has been elected Marion County prosecutor, defeating Republican candidate Mark Massa in a close race. Democrats also won the sheriff's race and other countywide seats.
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Democrat Donnelly holds on in 2nd District

November 2, 2010
Associated Press
Democrats have held onto one of the most hotly contested congressional seats in the country with Rep. Joe Donnelly barely winning re-election Tuesday in northern Indiana's 2nd district.
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GOP retains control of Indiana statewide offices

November 2, 2010
Associated Press
Republican Charlie White overcame allegations of voter fraud to become Indiana's next chief election officer, and Republican incumbents held onto their jobs as auditor and treasurer.
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Republican Young defeats Hill in 9th District

November 2, 2010
Associated Press
Republican Todd Young has defeated five-term Democratic Rep. Baron Hill in southern Indiana's 9th district, dealing Democrats a second loss in congressional seats they held in the state.
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Indiana voters OK property tax cap amendment

November 2, 2010
Associated Press
Indiana voters have overwhelmingly approved a constitutional amendment that will make property tax limits more permanent.
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UPDATE: Coats returns to U.S. Senate from Indiana

November 2, 2010
Associated Press
Coats defeated Democratic U.S. Rep. Brad Ellsworth and Libertarian Rebecca Sink-Burris on Tuesday in the race to succeed Democrat Evan Bayh. The GOP counted on a Coats victory to help the party win the 10 seats it needs to gain control of the Senate.
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GOP gains seat with Bucshon's win in 8th District

November 2, 2010
Associated Press
Republican Larry Bucshon has won southwestern Indiana's 8th Congressional District, giving the GOP a U.S. House seat that Democrats have held the last four years.
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GOP off to fast start in midterm election

November 2, 2010
Associated Press
Republicans gained a Senate seat in Indiana and powered to leads in 10 House districts currently held by Democrats in midterm elections Tuesday night, early fruits of a drive to break the Democrats' grip on power in Congress.
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Democrat Carson re-elected

November 2, 2010
Associated Press
Democratic Rep. Andre Carson has easily won election to a second term from Indiana's 7th Congressional District despite his unwavering support for President Barack Obama.
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Stutzman wins 3rd District

November 2, 2010
Associated Press
Marlin Stutzman has kept northeastern Indiana's 3rd District in the Republican column by winning election to its congressional seat.
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Rokita wins in 4th District

November 2, 2010
Associated Press
Indiana Secretary of State Todd Rokita has kept the state's 4th Congressional District in the Republican column by winning the election to replace retiring Rep. Steve Buyer.
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GOP's Pence scores easy re-election in 6th District

November 2, 2010
Associated Press
Congressman Mike Pence easily defeated Democrat Barry Welsh, a United Methodist minister from Connersville who has lost three straight challenges to Pence.
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GOP's Burton wins 15th term in Indiana's 5th District

November 2, 2010
Associated Press
Republican Rep. Dan Burton will continue his reign as Indiana's longest-serving congressman after winning election to his 15th term.
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CNO Financial Group profit beats analysts' expectations

November 2, 2010
J.K. Wall
Excluding investment and special charges, the Carmel-based life and health insurer on Tuesday reported a profit $47.1 million, down 13 percent from the same quarter a year ago, but still beat analysts' expectations.
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Indiana voters deciding outcome of big GOP push

November 2, 2010
 IBJ Staff and Associated Press
Indiana voters headed to the polls Tuesday amid Republican hopes for big gains in the state's congressional delegation and Legislature, but it wasn't immediately clear whether voters were turning out in the numbers the party had hoped for.
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Need for Duke coal-gas plant on regulators' agenda

November 2, 2010
Associated Press
Duke Energy Corp. says it needs a new coal-gasification power plant it's building in southwest Indiana, but consumer advocates don't believe it.
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FinishMaster reports higher quarterly sales, profit

November 2, 2010
The Indianapolis-based distributor of automotive paints and accessories said its third-quarter profit climbed nearly 16 percent, to $3.5 million. Revenue increased 3 percent, to $108.8 million.
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  1. With Pence running the ship good luck with a new government building on the site. He does everything on the cheap except unnecessary roads line a new beltway( like we need that). Things like state of the art office buildings and light rail will never be seen as an asset to these types. They don't get that these are the things that help a city prosper.

  2. Does the $100,000,000,000 include salaries for members of Congress?

  3. "But that doesn't change how the piece plays to most of the people who will see it." If it stands out so little during the day as you seem to suggest maybe most of the people who actually see it will be those present when it is dark enough to experience its full effects.

  4. That's the mentality of most retail marketers. In this case Leo was asked to build the brand. HHG then had a bad sales quarter and rather than stay the course, now want to go back to the schlock that Zimmerman provides (at a considerable cut in price.) And while HHG salesmen are, by far, the pushiest salesmen I have ever experienced, I believe they are NOT paid on commission. But that doesn't mean they aren't trained to be aggressive.

  5. The reason HHG's sales team hits you from the moment you walk through the door is the same reason car salesmen do the same thing: Commission. HHG's folks are paid by commission they and need to hit sales targets or get cut, while BB does not. The sales figures are aggressive, so turnover rate is high. Electronics are the largest commission earners along with non-needed warranties, service plans etc, known in the industry as 'cheese'. The wholesale base price is listed on the cryptic price tag in the string of numbers near the bar code. Know how to decipher it and you get things at cost, with little to no commission to the sales persons. Whether or not this is fair, is more of a moral question than a financial one.

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