News & Analysis

Developer facing legal action everywhere it has built condos

June 12, 2010
Cory Schouten
Three of the four principals in Page Development were in court June 8 to sift through the fallout from a $1.35 million judgment against them. It's only the tip of Page Development's financial straits.
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Long-vacant Washington Street buildings headed for revivalRestricted Content

June 12, 2010
Cory Schouten
Workers are restoring facades on two empty buildings along Washington Street just east of Meridian Street as part of a retail and residential redevelopment.
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Cummins in position to benefit from new fuel standards

June 12, 2010
Kathleen McLaughlin
Cummins Inc. is counting on fuel-efficient technology to be a major driver of its future growth. While the company is keeping its new diesel-engine prototypes under wraps, it is open about its strategy of urging environmental regulators to roll out increasingly strict standards.
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Research reforms will force Lilly, others to test how drugs stack upRestricted Content

June 12, 2010
J.K. Wall
The federal government is currently doling out $1.1 billion in stimulus funds to pay for research that compares multiple medical treatments against one another to determine which is most effective. Drug companies like Eli Lilly and Co. are wary that comparative-effectiveness research could threaten their sales.
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Is going multimodal next for Carmel?Restricted Content

June 12, 2010
Chris O'Malley
Carmel's virtual Disney World of new, high-density attractions—from the mixed-use City Center to the Carmel Arts and Design District—were built with walking and biking access in mind. A recently completed study shows the potential to link numerous other city destinations by multiple forms of transportation.
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New agreement forms Indiana branch of online college

June 11, 2010
Associated Press
WGU Indiana is a branch of Western Governors University, a private, not-for-profit university designed for working adults trying to earn bachelor's or master's degrees.
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Water, sewer sale clears another hurdle

June 11, 2010
 IBJ Staff
The $1.9 billion deal still needs the OK of the City-County Council and state regulators.
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Circle Centre sues restaurant Bella Vita over unpaid rent

June 11, 2010
Peter Schnitzler
Italian restaurant that took over high-profile mall space in January is being sued by the landlord for $96,523.23.
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Deadline approaching for mortgage lenders to pass exam

June 11, 2010
Lenders must pass the test by July 1, or their licenses will be revoked. So far, just 58 percent of more than 1,000 in the state have passed.
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Rolls-Royce opens plant making part for Joint Strike Fighter

June 11, 2010
Kathleen McLaughlin
The new "focused factory" in Plainfield will produce lift fans for the Joint Strike Fighter aircraft. The fan allows one version of the aircraft to make helicopter-like landings.
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Hillenbrand unit seeks to block imports of knockoff coffins

June 11, 2010
Bloomberg News
Hillenbrand Inc.'s Batesville unit, the largest U.S. maker of coffins,wants the trade commission to prevent Ataudes Aguilares from selling its products in the United States and Puerto Rico.
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Arcadia sees smaller quarterly, fiscal-year losses

June 11, 2010
Scott Olson
Despite losses, company sees growth in its DailyMed pharmacy services, which packages the right dosages of prescriptions to make it easier for patients to follow their regimens.
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College athletic conference chaos set to erupt

June 11, 2010
Associated Press
Nebraska may be heading to the Big Ten, Colorado is leaving the Big 12, and a host of other college athletic moves could be on tap.
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Senator to probe spending at for-profit colleges

June 10, 2010
Bloomberg News
ITT Educational Services Inc., Apollo Group Inc.'s University of Phoenix, Career Education Corp. and other for-profit educators are under increasing federal scrutiny over their recruitment practices and the level of student loan defaults.
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Indiana to turn 43,000 acres into wetlands area

June 10, 2010
Associated Press
Together, the combined acreage of the two habitat conservation areas will be the largest project ever undertaken by the state Department of Natural Resources, Daniels said.
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WXIN expanding its news programming

June 10, 2010
Fox59 adding weekend-morning and 5 p.m. weekday newscasts to its coverage.
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For PNC, there's much riding on smooth transition

June 10, 2010
Peter Schnitzler
Pittsburgh-based bank starts converting former National City operations in central Indiana to its brand this weekend. But any snags could create opportunities for competitors to pounce on customers.
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State manufacturing, logistics industries get high marks

June 10, 2010
Scott Olson

Third annual report from Ball State University highlights concerns over whether Indiana has enough qualified workers to meet demands of the increasingly technical sectors.

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Hat World expansion to create 571 jobs in Indianapolis

June 10, 2010
 IBJ Staff
Hat World, a subsidiary of Nashville, Tenn.-based Genesco Inc., said it plans to invest up to $22 million to lease and prepare additional space locally as it consolidates manufacturing and warehouse operations from Wisconsin.
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Lugar's energy bill winning support

June 10, 2010
Bloomberg News
Lugar's bill may be able to muster the 60 votes needed for Senate passage because it wouldn't cap emissions or expand offshore drilling, two controversial issues in the Senate.
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Indiana teachers unions hope Congress helps states

June 10, 2010
Associated Press
The leader of Indiana's largest teachers union says if Congress approves up to $300 million for Indiana schools, it could save as many as 7,200 public school employee jobs, including those of Indiana teachers, teaching assistants and bus drivers.
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Area home sales took big hit in May as credit expires

June 9, 2010
Pending home sales fell 31.5 percent last month, following expiration of the federal home-buyer tax credit.
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INDOT commissioner to step down for Duke Energy post

June 9, 2010
Indiana Department of Transportation Commissioner Mike Reed is resigning to become president of Duke Energy's Indiana operations. Michael B. Cline, INDOT's deputy commissioner of operations, will replace him.
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Becky Skillman's blog from China

June 9, 2010
Becky Skillman
Lt. Gov. Becky Skillman is traveling to China with a delegation of state officials and business and community leaders through June 10. Skillman is blogging about their experiences as the group works to build relationships and attract Chinese investment to Indiana.
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Chinese furniture maker picks Marion for U.S. headquarters

June 9, 2010
The upholstered-furniture maker, which operates as Y.K. Furniture, plans to invest $24.3 million to establish its first U.S. subsidiary. The facility will house assembly-and-distribution operations with about 100 employees.
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  1. Uh, sorry Johnnie, but you are incorrect. Despite the assertions by yourself and various defenders and captains, sports attendance is NOT off significantly at most sporting events in the US. Variances in attendance has been in the range of single digits, both + & - for years now. MLB has had most of its best overall attendance nubers in the last decade, and that trend has been consistent for most major sporting events. The number one issue cited by most fans when asked about attendance is the overall cost of attending. The presence of HD and big screen televisions in home doesn't even register, as a factor for not attending an event. VALUE in the product is the key, and apparently is something lacking in the current ICS. What other explanation is there when with what is routinely touted as the "best" racing on the planet, fans are staying away in DROVES. A "close" title battle into the last event at Fontana, with the "cars and stars" of the ICS, and who showed up? MAYBE 8K. Sorry, but HD TV isn't to blame for that kind of fan apathy.

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  3. If she was worth the $ the public outcry over direct tv dropping them would have kept them on their dishes as we have seen with other companies. I too quit watching channel 13 after she showed up since I left channel 8 because of her all show rather than production results. When Randy on 8 corrected her she had a big head and incorrectly challenged his correction for pronunciation of a city. Other antics while she matures was too much for me with her very inaccurate forecasts. All the forecasters were predicting rain until Thursday except Chris. They predicted sunny on Thursday but instead of rain until Thursday upon which the sun would finally make it out in full glory Chris was right on the money just as I too predicted looking at the radar on weather.gov. One thing I love about Angela is the fear you can see in her every time it thunders in the winter. It far exceeds the entertainment value of her body language (high heel noise drags, depression, etc) when her forecasts are so incorrect. Her hair stands on end, you have to see it!!!

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