News & Analysis

New federal rules target for-profit college recruiting

June 16, 2010
Bloomberg News
The Obama administration proposed banning for-profit colleges, including Carmel-based ITT Educational Services Inc., from tying recruiters’ pay to the number of people they enroll, saying high-pressure sales tactics induced students to take out government loans they can’t afford.
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Walgreens gets final OK to sell booze at 14 local stores

June 15, 2010
 IBJ Staff
The stores are expected to start selling alcohol within a month following unanimous approval of the Indiana Alcohol & Tobacco Commission.
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U.S. Senate confirms Indiana's Pratt as federal judge

June 15, 2010
Michael W. Hoskins
Tanya Walton Pratt is set to become Indiana's first African-American federal judge and one of four female jurists on Indiana's federal bench.
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Fairbanks Foundation gives $20M to IUPUI public health school

June 15, 2010
 IBJ Staff
The Indianapolis-based Richard M. Fairbanks Foundation is contributing $20 million to support IUPUI’s effort to open a school of public health.
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Democrat Williams drops out of race for mayor

June 15, 2010
Brian Williams said Tuesday that he is dropping his bid to challenge Mayor Greg Ballard in 2011, paving the way for front runner Melina Kennedy to represent the Democrats.
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Herron High School ranked among nation's best

June 15, 2010
Newsweek's list of top high schools, released Monday, ranks more than 1,600 schools, including 28 in Indiana.
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JMV already boosting The Fan's ad revenue

June 15, 2010
Anthony Schoettle
Even before ratings arrive, WFNI-AM 1070 officials said they have signed two major advertisers this month due to the recent hire of new afternoon host JMV.
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IMA hopes sculpture park brings acclaim, and donors

June 15, 2010
Kathleen McLaughlin
The $25 million park's grand opening is scheduled for June 20 following an opening-night party and a members-only VIP preview with artists and architect on June 19. Atelier Van Lieshout's "Funky Bones" is one of the featured sculptures.
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Washington Square area getting first new retail strip in three years

June 15, 2010
Tom Harton
Thompson Thrift, based in Terre Haute and Carmel, has started construction on Washington Square Commons, a 9,000-square-foot retail strip at 10110 E. Washington St., at a major entrance to Washington Square Mall.
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Young workers help Indiana parks during cutbacks

June 14, 2010
Associated Press
Indiana Department of Natural Resources spokesman Phil Bloom said the 1,665 young workers hired by the DNR will help seasonal workers with important maintenance work at many of the state's 24 state parks and dozens of other properties.
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Auction to sell items from former money manager

June 14, 2010
Associated Press
The court-ordered auction includes a motorboat, jet ski and a $30,000 diamond ring, as well as a motorcycle that Marcus Schrenker used to flee police.
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Lucas Oil lube shop 'on hold'

June 14, 2010
Scott Olson
Company announced plans in May 2009 for a $2 million lube shop and car wash in Avon. But more than a year later, work hasn't started.
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House Speaker pushes IEDC over job-creation numbers

June 14, 2010
Peter Schnitzler
Pat Bauer sent Indiana Secretary of Commerce Mitch Roob a letter formally requesting the Indiana Economic Development Corp. disclose public records about promises companies gave the state in exchange for job-creation incentives.
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Local artist Knabe lands in Indiana Design Center

June 14, 2010
Walter Knabe, this year's official artist of the Indianapolis 500, will set up shop this summer in the Indiana Design Center, part of the Carmel's Arts and Design District.
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Holiday World president Will Koch dies at 48

June 14, 2010
Associated Press
Koch, 48, led the amusement park for 20 years, during which time it added a water park and several world-class roller coasters.
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IU falling short of funds to properly maintain buildings

June 13, 2010
Associated Press
University officials told trustees a $17 million annual shortfall will lead to higher expenses later.
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School systems say they have standing to sue over state funding formula

June 12, 2010
Associated Press
The state has asked that the lawsuit be dismissed, claiming that the districts don't have the authority to challenge the constitutionality of a state law.
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City eyes Big Ten football championship game

June 12, 2010
Associated Press
Addition of University of Nebraska to conference in 2011 will lead to football playoff.
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Indiana bringing information revolution to public schools

June 12, 2010
J.K. Wall
The state is building a massive data system with a tough-love intent of rewarding good educators and schools and hammering poor performers.
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World Skating Academy gets reprieve, remains on thin ice

June 12, 2010
Anthony Schoettle
A fixture in downtown Indianapolis since 1987, the Academy hasn't yet been evicted from its Pan American Plaza ice rinks, but it operates under a cloud of uncertainty.
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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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