News & Analysis

Consumer groups call for Duke to cancel Edwardsport project

September 25, 2010
Chris O'Malley
A proposed settlement between the utility and industrial customers would temporarily cap the cost of the plant, which is $1 billion more than initial estimates.
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Plastic surgery firm hit with surveillance litigationRestricted Content

September 25, 2010
Cory Schouten
Former employees say Meridian Plastic Surgery Center violated their rights when it secretly recorded them in various states of undress.
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Veteran local ad exec Pearson lands on his feet after closing firmRestricted Content

September 25, 2010
Anthony Schoettle
After industry "paradigm shift," the man behind some of the city's most memorable campaigns is working for a small agency.
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Indiana slow to accept federal stimulus helpRestricted Content

September 25, 2010
Mary Dieter
Under political pressure, Gov. Mitch Daniels' administration has come late to the federal stimulus funds game. At best, the state will recover $24 million in reimbursements for money spent by not-for-profit agencies on services to the poor.
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JW Marriott already sold 100,000 rooms

September 25, 2010
Anthony Schoettle
It doesn't open until Feb. 4, but downtown's JW Marriott hotel has already booked 100,000 room nights for 2011—more than any other local hotel—an achievement drawing both praise and concern from others in the hospitality industry.
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East-side residents forge $100M plan to renew neighborhoodRestricted Content

September 25, 2010
Francesca Jarosz
Since 2004, residents and community leaders in the area just east of downtown—including Boner Center chief James Taylor—have raised more than $100 million to improve their neighborhood. The deployment of so many resources to one area is almost unprecedented in Indianapolis.
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Ford laying off 249 at doomed east-side steering plant

September 24, 2010
 IBJ Staff
Ford Motor Co. is continuing the process of shutting down a subsidiary’s east-side steering plant, filing a notice with the state that it intends to lay off 249 employees around Nov. 19.
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Indiana child care agencies protest cost of new rules

September 24, 2010
Associated Press
An effort to shift some foster care costs to the federal government would throw up more red tape and make it harder for caretakers and providers to get services for troubled children, a coalition of child care agencies said Friday.
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Call-center firm plans 600 hires in Lafayette

September 24, 2010
 IBJ Staff
Alorica Inc., headquartered in Chino, Calif., said it will begin hiring customer service representatives, supervisors and other personnel starting next week—fulfilling a pledge it made more than a year ago.
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INSIDE DISH: Sales slacking, Smee's owner seeks solutions

September 24, 2010
Mason King
Smees Watch VideoThe recession, competition and maybe even familiarity have pushed Tim Smeehuyzen's north-side haunt into the red.
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Columbus hospital suing FEMA for $17.1 million

September 24, 2010
Scott Olson
Federal lawsuit, which stems from June 2008 flood that caused $167 million in damages and business income losses, alleges FEMA failed to pay the full amount the hospital is owed in federal funding.
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Durable goods rise outside volatile transportation

September 24, 2010
Associated Press
The overall demand for durable goods fell 1.3 percent in August, the Commerce Department said Friday. But that was pulled down by a significant drop in orders for aircraft.
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Finish Line's second-quarter profit jumps to $16.8M

September 24, 2010
 IBJ Staff and Associated Press
Indianapolis-based The Finish Line Inc. said Thursday that its second-quarter profit rose as it rebounded from a messy quarter a year earlier after the athletic shoe retailer sold its unsuccessful Man Alive hip-hop stores.
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Reopening set for Moscow covered bridge

September 23, 2010
 IBJ Staff and Associated Press
Organizers are planning a weekend ceremony to dedicate a rebuilt covered bridge in central Indiana that was destroyed by a tornado more than two years ago.
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Indy Super Bowl organizers moving ahead with plans

September 23, 2010
Associated Press
Local organizers expect the 2012 Super Bowl to be played as scheduled, despite growing concerns that an NFL work stoppage could force postponement or cancellation of the game.
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EnerDel parent nets $20M from Russian investor

September 23, 2010
Kathleen McLaughlin
New York-based Ener1 didn't disclose how it will use the funds coming from Ener1 Group Inc., a company led by Russian industrialist Boris Zingarevich.
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Developer seeks rezoning for Canal apartments

September 23, 2010
Scott Olson
The city's Division of Planning was set to hear a request Thursday afternoon by Valparaiso-based Investment Property Advisors LLC to rezone property near the Central Canal for a 150-unit apartment complex.
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Indiana lawmakers push for Internet taxes

September 23, 2010
Mary Dieter
A bipartisan duo of state lawmakers wants Congress to allow states to collect sales taxes on Internet purchases, a move they say could bring hundreds of millions of dollars to cash-strapped Indiana.
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Rolls-Royce scores $19.2M helicopter contract

September 23, 2010
Kathleen McLaughlin
The local operations of the British aerospace firm has won an Army contract to build 40 more engines for the OH-58D Kiowa Warrior helicopter.
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Initial claims for unemployment aid rise again

September 23, 2010
Associated Press
The rise suggests that jobs remain scarce and some companies are still cutting workers amid sluggish economic growth.
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Four Hoosiers among richest Americans; Irsay ascends

September 23, 2010
 IBJ Staff
Indianapolis Colts owner Jim Irsay is moving up the ranks of the richest Americans a year after making his way onto the Forbes 400 list of the nation’s wealthiest people.
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Democrats charge conflict in parking meter deal

September 22, 2010
Scott Olson
A city lobbyist who also is registered to lobby for Affiliated Computer Services Inc., which was chosen to receive a 50-year lease deal to manage meter operations, says he was not involved in the deal.
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Indy metal-stamping plant faces many hurdles

September 22, 2010
Kathleen McLaughlin
Persuading workers at General Motors' Indianapolis metal-stamping plant to accept a pay cut would be a feat, but it won't be the last challenge that JD Norman Industries would face.
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Local building permits down again in August

September 22, 2010
Scott Olson
The number of building permits filed in the nine-county metropolitan area dropped by 18 percent in August from the same time a year ago, falling from 354 to 290. The drop marks the third consecutive month permits have fallen.
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Health overhaul's $264M question weighs down WellPoint

September 22, 2010
Bloomberg News
The failure by state regulators to decide how much insurers must spend on patient care is scaring investors from health-plan stocks and complicating insurance company decisions.
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