News & Analysis

Indiana's unemployment rate rises slightly

July 20, 2010
Scott Olson
June figure hits 10.1 percent, up a tick from April and May, marking the third straight month Indiana's unemployment rate has been in double digits.
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Deadline approaches for Richelieu offers

July 20, 2010
Tom Harton
John Jacobs and a Cleveland-based partner have put a Friday deadline on offers for the 62-unit Richelieu apartments, a two-building property at the intersection of North and East streets and Mass Ave.
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Angola manufacturers plan nearly 180 new jobs

July 20, 2010
 IBJ Staff
Fuel Systems of Angola and Steffy Wood Products say they will invest a total of $4.8 million on their production facilities in northeast Indiana, creating 178 jobs by 2013.
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Steel Dynamics profit up, but misses analysts' estimates

July 20, 2010
Bloomberg News
Net income was $49.2 million, compared with a net loss of $16 million a year earlier, the Fort Wayne-based steelmaker said Monday in a statement.
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Not-for-profit gambling pinched by recession

July 20, 2010
The lingering recession is cutting into the money Indiana's not-for-profit groups generate from bingo, pull-tabs and other gambling ventures, straining their budgets.
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IT firm plans $24 million data center

July 19, 2010
The city's Metropolitan Development Commission will consider providing Lightbound LLC with property tax abatements to offset investment cost.
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Indiana working on phosphorous limits for lakes

July 19, 2010
Associated Press
The Indiana Department of Environmental Management says the rule would impact sewage treatment plants upstream of lakes.
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Carmel law firm settles consumer claims in Vermont

July 19, 2010
Associated Press
Mossler Law Firm of Carmel agreed to cease all business in Vermont, refund about $79,500 in fees paid by Vermont residents and pay $60,000 in civil penalties.
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Building demolition to begin along Interstate 69

July 19, 2010
Chris O'Malley
Bulldozers await an office complex that previously served as headquarters to August Mack Environmental. It'll be the first building demolished along Interstate 69 to make way for highway expansion.
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Brizzi hires ex-partner to handle public records requests

July 17, 2010
Cory Schouten
Marion County Prosecutor Carl Brizzi has hired his former legal partner and personal attorney to field public records requests. Locally based Collignon & Dietrick PC is responsible for review and production of Prosecutor's Office e-mails, contracts, case files and other documents requested by members of the media or public.
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STYLE: Virginia Avenue goes vintage with four new 'old' shops

July 17, 2010
Gabrielle Poshadlo
Indianapolis' Virginia Avenue is quietly becoming a sort of vintage clothing district. Owner Tammy Dyson is planning to open the newest "old" store, Harloh's, on Aug, 1.
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Shelbyville, county plan economic development projects

July 17, 2010
Kathleen McLaughlin
Millions of dollars in tax revenue that flows from the Indiana Live casino to local government coffers will be set aside for economic development. Shelbyville Mayor Scott Furgeson hopes to present new projects to the city council in the next month or two.
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Hospitals map out ways to bypass insurers

July 17, 2010
J.K. Wall
Clarian Health is launching its own health insurance plan, the boldest of several initiatives at Indianapolis hospitals to bypass health insurers and provide health benefits directly to employers.
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CIB deal won't fix all of Pacers' woes

July 17, 2010
Anthony Schoettle
The $33.5 million the Capital Improvement Board is providing the Indiana Pacers is merely a Band-Aid that will do little to solve serious short-term and long-term issues facing the team.
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Children's Museum plans neighborhoods' revitalization

July 17, 2010
Kathleen McLaughlin
The Children's Museum of Indianapolis is about to expand its role in urban redevelopment. It has already invested more than $1 million in the half-dozen blocks around its campus on North Meridian Street, and now plans to help create a comprehensive plan for an area that encompasses six nearby neighborhoods.
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Health care reform means changes for Indiana employersRestricted Content

July 17, 2010
Norm Heikens, Scott Olson, J.K. Wall
Nearly four months after President Barack Obama signed a health reform bill into law, businesses are still grappling with its impact on the health benefits they offer their employees.
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Interactive Intelligence partners on social media applicationRestricted Content

July 17, 2010
Chris O'Malley
The Indianapolis software company has partnered with Cambridge, Mass.-based Buzzient Inc. to allow clients to monitor chatter about them on Facebook and other sites.
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Proposed air pollution rule could cost utilitiesRestricted Content

July 17, 2010
Chris O'Malley
Indiana’s utilities are scrambling to assess the cost of tighter air pollution limits proposed this month by the Environmental Protection Agency that could drive up electric rates.
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Ballard takes aim at vacant homes

July 17, 2010
Peter Schnitzler
If Mayor Greg Ballard successfully closes the $1.9 billion sale of the city's water and sewer utilities to Citizens Energy, some of the proceeds will be used to bulldoze or rehabilitate 2,000 to 4,500 abandoned, unsafe homes during the next two years.
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CIB approves $33.5 million deal to keep Indiana Pacers

July 16, 2010
Mason King
The three-year agreement is designed to help the franchise shoulder the costs of operating Conseco Fieldhouse. One dissenting voice called the team and city back to the negotiating table for a longer-term deal.
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NCAA must face ticket lottery lawsuit, court rules

July 16, 2010
Bloomberg News
The National Collegiate Athletic Association must face a lawsuit by consumers claiming the organization unlawfully profits from a ticket lottery.
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Education Roundtable hires former union lobbyist as director

July 16, 2010
J.K. Wall
Dan Clark will direct efforts to coordinate and align Indiana’s K-12 and postsecondary educational systems, as well as work force agencies like the Department of Workforce Development.
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CIB saves $1M after state agrees to lower loan rate

July 16, 2010
Anthony Schoettle
State officials decided to reduce the interest rate on a $9 million loan to the city's Capital Improvement Board by 1 percentage point. The news couldn't come at a better time for the agency, which is trying to find money to assist the Indiana Pacers.
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Attorneys argue widow should remain Simon estate trustee

July 16, 2010
Cory Schouten
Attorneys for Bren Simon argued Friday she has served capably to date as executor of the estate of her late husband, Melvin Simon, as shown in a series of moves she made to transfer his stake in the Indiana Pacers.
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INSIDE DISH: Vegas-themed eatery eyes breaking even

July 16, 2010
Mason King
Dish_Vegas_WatchVideoHal's Fabulous Vegas Bar & Grille, with a big stake from owner Hal Yeagy, is battling the economy, increased competition and the expectations of south-side diners.
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  1. Thank you to the scientists who care enough to find a cure. We are so lucky that their intelligence has brought them to these understandings because it is through these understandings that we have new hope. Certainly the medicine will be expensive, these drugs usually are, especially the ones that are not mass produced. If I know anything from the walks that my town has put on for FA it is this: people care and people want to help. Donations and financial support can and will come to those who need it. All we need is a cure, the money will come. I mean, look at what these scientists have done thanks to the generosity of donors. 30 million dollars brings us here where we can talk about a drug's existence! There is so much to be frustrated about in this world, but this scientific break is not one of them. I am so happy for this new found hope. Thank you so much to the scientists who have been slaving away to help my friends with FA. We wish you speedy success in the time to come!

  2. I love tiny neighborhood bars-- when I travel city to city for work, it's my preference to find them. However, too many still having smoking inside. So I'm limited to bars in the cities that have smoking bans. I travel to Kokomo often, and I can promise, I'll be one of those people who visit the ma and pa bars once they're smoke free!

  3. I believe the issue with keystone & 96th was due to running out of funds though there were other factors. I just hope that a similar situation does not befall ST RD 37 where only half of the overhaul gets built.

  4. It's so great to see a country founded on freedom uphold the freedom for all people to work and patronize a public venue without risking their health! People do not go to bars to smoke, they can take it outside.

  5. So, Hurko, mass transit has not proven itself in Indy so we should build incredibly expensive train lines? How would that fix the lack of demand? And as far as those double decker buses to bus people in from suburbs, we can't fill up a regular sized buses now and have had to cancel lines and greatly subsidize others. No need for double decker buses there.

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