News & Analysis

Expansion of NCAA tournament now seen as likely

March 31, 2010
Anthony Schoettle
Money proving to be a powerful motivator in earning Big Ten's support of NCAA tournament expansion plan.
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Shortage of big programs slows secondary Final Four ticket sales

March 31, 2010
Scott Olson
Ticket brokers say a flood of tickets became available on the secondary market following losses by the No. 1-seeded Kansas Jayhawks and Kentucky Wildcats.
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State names second virtual charter school

March 31, 2010
J.K. Wall
Rural Community Academy, in Sullivan, south of Terre Haute, can enroll as many as 280 students in the 2010-11 academic year. Those students would do most of their work from home, accessing lectures and school materials via the Internet.
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Conseco cuts 20 jobs at Carmel headquarters

March 31, 2010
J.K. Wall
Conseco Inc. moved some of its customer-service work to India, prompting the local job reductions.
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WellPoint faces biggest changes under new law

March 31, 2010
J.K. Wall
The Indianapolis-based health insurer has more individual and small-business customers than its major competitors, increasing the impact of health reform.
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Daniels one of health law's loudest critics

March 31, 2010
J.K. Wall
Indiana Gov. Mitch Daniels is fast becoming critic-in-chief of the health reform law.
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NCAA puts IUPUI on probation, vacates wins in six sports

March 30, 2010
Associated Press
The NCAA said IUPUI allowed erroneous eligibility certification for 97 student-athletes from 2003-04 through 2006-07, demonstrating a lack of institutional control and a failure to monitor by the university.
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Governor approves new teacher licensing rules

March 30, 2010
Associated Press
Daniels signed the new rules Tuesday, three months after a state panel approved them amid criticism from college educators.
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Answer to Murat's naming-rights fight likely to be found in lease

March 30, 2010
Kathleen McLaughlin
The Murat Temple Association, a Shriners affiliate that owns the iconic building, is suing Live Nation and Old National Bank over a naming-rights deal announced March 16.
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Logistics study revisits old concerns

March 30, 2010
Chris O'Malley
The two-year study by the Conexus Indiana Logistics Council Executive Committee involved 36 logistics executives statewide.
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Box maker halting production, putting 97 out of work

March 30, 2010
Austin, Texas-based Temple-Inland Inc. has notified state officials that will stop producing boxes at its Evansville facility on May 28.
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Downtown buildings land arts tenants

March 30, 2010
Tom Harton
Vonnegut Memorial Library Inc. will move into 1,100 square feet at 340 N. Senate Ave. The Arts Council of Indianapolis will occupy 5,400 square feet at 922 N. Pennsylvania St.
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Fishers Town Council delays vote on $19M auto mall

March 29, 2010
 IBJ Staff
If the council gives its blessing, construction could begin this spring on Butler Automotive Group's five-dealership development along State Road 37. About 230 jobs could be created.
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Shriners sue Live Nation, Old National over Murat renaming

March 29, 2010
Kathleen McLaughlin
The Murat Temple Association is a Shriners affiiate that owns the Murat Centre, which on March 16 was renamed the "Old National Centre" in a three-year deal between the bank and Live Nation.
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Severance boosts pay of former Duke Realty exec

March 29, 2010
Peter Schnitzler
Duke Realty's former chief operating officer took home $3.1 million last year. The office, industrial and retail property owner and manager also awarded raises to its CEO and the rest of his management team.
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Final Four corporate hospitality spending on the rise

March 29, 2010
Kathleen McLaughlin, Anthony Schoettle
Corporate hospitality at sports events has been stagnant in recent years, but organizers expect a big bounce for this year's NCAA Final Four in Indianapolis.
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Engeledow Group acquires estate landscaper

March 29, 2010
Kathleen McLaughlin
Engledow Group, one of the Indianapolis area's largest landscape companies, has acquired Litchfield Landscape Co. to bolster its estates division.
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Local attorney sues Fundex over game royalties

March 29, 2010
A local lawyer who created the game "Chronology" alleges breach of contract, trademark infringement, use of a counterfeit mark, unfair competition, copyright infringement, trademark dilution and forgery.
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Tax-break deadline spurs spec homes in Parade

March 29, 2010
Scott Olson
This spring's Parade of Home is being held about two weeks earlier than normal to help builders lure homebuyers who want to take advantage of federal incentives intended to give the residential real estate market a boost. Builders also are taking chances on more spec homes.
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General Growth preparing to file finance plan

March 29, 2010
Bloomberg News
General Growth is weighing options to exit Chapter 11 protection, with competing bids from Indianapolis-based Simon Property Group Inc. and Brookfield Asset Management Inc.
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Final Four finally gives Butler reason to party

March 28, 2010
 IBJ Staff and Associated Press
About eight hours after Butler beat second-seeded Kansas State 63-56 to reach the first Final Four in school history, the Bulldogs returned home to a large crowd and loud cheers.
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Employers fret over health care overhaul

March 27, 2010
J.K. Wall
Most employers in central Indiana are just beginning to figure out what the health insurance reform bill will mean for their businesses. Caterpillar Inc., which employs nearly 1,500 at an engine plant in Lafayette, expects costs to rise about 20 percent.
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Airport ponders radical ideas to boost revenue

March 27, 2010
Chris O'Malley
The Indianapolis Airport Authority is poised to pull out all the stops to maximize revenue in the face of declining travel. Possibilities include hosting a farmer's market atop the airport parking garage and opening secure areas to shoppers who aren't flying anywhere.
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Vogue owner's bankruptcy may force sale of venueRestricted Content

March 27, 2010
Peter Schnitzler
A mix of business and personal woes have pushed Steven Carter Ross, the longtime owner and manager of the Vogue nightclub, into personal bankruptcy. Now a judge must decide whether Ross can keep the popular Broad Ripple music venue, or if he must sell it to satisfy his creditors and his estranged wife.
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Entrepreneurs lose clout as VC funds get stingier

March 27, 2010
Scott Olson
Most local venture funds are standing pat because the economy is weak and they’re no longer in fund-raising mode. Having invested most of their funds, the firms have shifted to the nurturing, or “harvesting” stage, to try to improve investment returns.
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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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