News & Analysis

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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E-mail marketer ExactTarget taking more downtown spaceRestricted Content

September 11, 2010
Cory Schouten
The company has inked a deal to take the entire seventh floor of the Century Building at 36 S. Pennsylvania St., and may take additional space on two other floors.
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Clarian expanding neurosurgery unit, aiming for national draw

September 11, 2010
J.K. Wall
Methodist Hospital is spending $27 million to renovate its neurosurgery suites as the centerpiece of a big expansion its owner, Clarian Health, hopes will create nearly 1,200 jobs over the next decade and vault Methodist into the top 10 neurosurgery sites in the nation.
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New businesses follow the rooftopsRestricted Content

September 11, 2010
Norm Heikens
Indianapolis and surrounding counties have continued to show growth in the number of businesses during the recession.
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On-site health care clinics moving beyond traditional settingsRestricted Content

September 11, 2010
J.K. Wall
Health clinics based in employers' offices are showing signs of breaking out of their niche among blue collar and government employers—factories, warehouses and school corporations—and could pop up in Class A office buildings filled with white collar workers.
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  1. I am a Lyft driver who is a licensed CDL professional driver. ALL Lyft drivers take pride in providing quality service to the Indianapolis and surrounding areas, and we take the safety of our passengers and the public seriously.(passengers are required to put seat belts on when they get in our cars) We do go through background checks, driving records are checked as are the personal cars we drive, (these are OUR private cars we use) Unlike taxi cabs and their drivers Lyft (and yes Uber) provide passengers with a clean car inside and out, a friendly and courteous driver, and who is dressed appropriately and is groomed appropriately. I go so far as to offer mints, candy and/or small bottle of water to the my customers. It's a mutual respect between driver and passenger. With Best Regards

  2. to be the big fish in the little pond of IRL midwest racin' when yer up against Racin' Gardner

  3. In the first sentance "As a resident of one of these new Carmel Apartments the issue the local governments need to discuss are build quality & price." need a way to edit

  4. As a resident of one of these new Carmel Apartments the issue the local governments need to discuss is build quality & price. First none of these places is worth $1100 for a one bedroom. Downtown Carmel or Keystone at the Crossing in Indy. It doesn't matter. All require you to get in your car to get just about anywhere you need to go. I'm in one of the Carmel apartments now where after just 2.5 short years one of the kitchen cabinet doors is crooked and lawn and property maintenance seems to be lacking my old Indianapolis apartment which cost $300 less. This is one of the new star apartments. As they keep building throughout the area "deals" will start popping up creating shoppers. If your property is falling apart after year 3 what will it look like after year 5 or 10??? Why would one stay here if they could move to a new Broad Ripple in 2 to 3 years or another part of the Far Northside?? The complexes aren't going to let the "poor" move in without local permission so that's not that problem, but it the occupancy rate drops suddenly because the "Young" people moved back to Indy then look out.

  5. Why are you so concerned about Ace hardware? I don't understand why anyone goes there! Every time ive gone in the past, they don't have what I need and I end up going to the big box stores. I understand the service aspect and that they try to be helpful but if they are going to survive I think they might need to carry more specialty parts.

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