News & Analysis

Library slashes hours, to close main branch on Thursdays

September 14, 2010
A big reduction in hours is expected to save the Indianapolis-Marion County Public Library about $1.5 million next year, as it grapples with a $4 million revenue shortfall.
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Filmmaker Low planning Indy 500 movie for IMAX 3D

September 14, 2010
 IBJ Staff
The award-winning filmmaker behind such giant-screen gems as “The Ultimate Wave” and “Super Speedway” is developing an IMAX 3D movie focused on the Indianapolis 500-Mile Race and the evolution of motorsports.
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Conseco Fieldhouse to get new video signage

September 14, 2010
Scott Olson
The new "video ribbon," which could cost up to $1.6 million, will be paid for with funds from the Capital Improvement Board. It will be installed around the entire upper fascia of the arena between the second and third levels.
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Court delays hearing on Indiana school funding lawsuit

September 14, 2010
Associated Press
Hamilton Southeastern Schools, Franklin Township Schools and Middlebury Community Schools sued the state in February, claiming the school funding formula unfairly penalizes growing districts.
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U.S. retail sales increase for second straight month

September 14, 2010
Bloomberg News
Purchases increased 0.4 percent, following a 0.3-percent gain in July. Seventeen tax-free holidays in August probably drew more shoppers to malls, where discounts were deeper than those in July.
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Cummins awarded $6.9 million Army contract

September 14, 2010
The three-year deal calls for the Columbus, Ind.-based diesel engine manufacturer to develop a power train that improves efficiency by reducing fuel consumption and noise, and can run on a wide range of fuels and fuel mixtures.
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Fishers becomes draw for seniors projects

September 14, 2010
Tom Harton
One skilled-care facility is about to open and another will break ground this month.
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Report: Marian med school to add $44M to economy each year

September 14, 2010
J.K. Wall
Marian University will spend more than $32 million to build a new building for its college of osteopathic medicine and expects the school to add $44 million a year to the Indianapolis-area economy.
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Indiana's average SAT scores drop slightly

September 13, 2010
Associated Press
Indiana's combined score on the three portions of the exam was 1,482 out of a possible 2,400 points. Nationally, the average was 1,509.
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USA Track & Field fires CEO

September 13, 2010
Associated Press
Chief operating officer Mike McNees will assume leadership duties of the Indianapolis-based USA Track & Field while the board begins its search to replace Doug Logan.
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AFL-CIO takes stand against NFL owners

September 13, 2010
Associated Press
One of the nation's largest unions said it sent NFL owners a letter warning that a lockout in one of America's few thriving industries could cost thousands of Americans their jobs and cities more than $140 million in revenue.
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Brizzi controversies loom over prosecutor's race

September 13, 2010
Mary Dieter
Democrat Terry Curry and Republican Mark Massa say restoring trust is job one for the next Marion County prosecutor.
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Caterpillar seeks tax abatement for Franklin plant

September 13, 2010
Caterpillar Reman Powertrain is requesting the tax break to offset costs related to a $13.6 million investment the company says will help retain 338 factory jobs.
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VoCare raises $2.2 million for telehealth device

September 13, 2010
J.K. Wall
The local startup expects to raise another $1.3 million this year and launch pilots of a new mobile device connecting patients with doctors.
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Greencastle auto supplier cutting 202 employees

September 13, 2010
International Automotive Components Group said the layoffs will occur in two stages—on Nov. 10 and again on Dec. 13. Expiring contracts are responsible for the cuts, said a company spokesman, who added that the employees could be recalled.
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Big Ten Network going great guns

September 13, 2010
Associated Press
In three years, the Big Ten Network has become a model for—and some might say the envy of —big-time college sports around the country. It's forecasting $272.9 million in revenue and a 36-percent profit in 2012.
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City lands national law enforcement convention

September 13, 2010
Indianapolis will host the National Organization of Black Law Enforcement Executives' annual meeting in July 2015, expected to attract more than 1,500 visitors and generate more than $2 million in visitor spending.
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Downtown merchants want parking plan revoked

September 13, 2010
Francesca Jarosz
About 80 downtown business owners and employees have signed a petition urging Republican Mayor Greg Ballard's administration to nix major plans to revamp metered parking in Indianapolis.
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Indiana college students seek degrees that offer jobs

September 12, 2010
Associated Press
College students are selecting majors that will lead straight to a job after graduation and not into a field riddled with layoffs and unemployment, local college leaders said.
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Science, creativity key ingredients for Sun King brewer

September 11, 2010
Joe Jasinski
Watch VideoSince its first tapping about 13 months ago, Indianapolis- based Sun King Brewing Co. has generated a noticeable buzz—pun intended—in the craft beer community.
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New outlook for a decrepit city neighborhood

September 11, 2010
Chris O'Malley
Just a few minutes northeast of vibrant Monument Circle lurks the most notorious graveyard of Indianapolis’ industrial heyday—at least 70 of the city’s 500 brownfields. Now planners and developers aspire to revitalize the most contaminated neighborhood in Indianapolis into a success story.
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Williams Realty founder pleads the Fifth in Ponzi case

September 11, 2010
Cory Schouten
A former Indianapolis developer accused of luring more than a dozen Hoosiers into a $900 million Ponzi scheme invoked the Fifth Amendment more than 850 times when questioned under oath in Florida.
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Indianapolis' 'walkability' touted to convention plannersRestricted Content

September 11, 2010
Scott Olson
Compact downtown is big selling point for sustainable-minded planners.
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Emmis' Smulyan wants FM radio tuners in cell phonesRestricted Content

September 11, 2010
Anthony Schoettle
Congress is expected this fall to debate the idea of mandating the inclusion of tuners, a move that could boost the struggling radio industry.
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Machine-tool maker Hurco hopes trade show sparks salesRestricted Content

September 11, 2010
Kathleen McLaughlin
The Indianapolis-based maker of computerized metal-cutting tools piled up record profits in fiscal years 2005 through 2008, but now is trying to leave behind a second year of losses.
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  1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

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